Trend Wave EA for MT5 – Disciplined Trend-Following Expert Advisor
Trend Wave EA for MT5 is a trend-based MetaTrader 5 Expert Advisor designed to capture directional market movements while keeping risk under tight control. Unlike aggressive grid or high-frequency scalpers, this EA focuses on structured trend detection, adaptive entry logic, and disciplined trade management.
Recommended Settings for Trend Wave EA MT5
- Currency Pairs: USDJPY, EURUSD, GBPUSD
- Timeframes: M30, H1 (recommended), H4
- Minimum Deposit: $500
- Leverage: 1:200 or higher
- Account Type: ECN or Raw Spread
In testing, USDJPY on H1 gave the most balanced performance, combining smooth equity growth, low drawdowns, and high signal accuracy. EURUSD and GBPUSD also perform well under medium-volatility conditions.
Features of Trend Wave EA for MT5
- Trend Detection Algorithm: Confirms trend direction using Price Action filters and volatility thresholds.
- Automated Risk Management: Includes dynamic stop loss and take profit scaling based on recent market volatility.
- Adaptive Entry Logic: Reduces false breakouts and whipsaws using internal RSI and EMA filters.
- Backtested Stability: Over 230 trades with a 76% win rate and a 4.66 profit factor (based on 2025 backtest).
- Drawdown Control: Maintains maximum drawdown below 6%, even in sideways markets.
- Comprehensive Trade Panel: Manual override for opening, closing, or reversing trades directly from the chart.
The EA excels at filtering noise and only takes trades when strong directional momentum is confirmed. Manual intervention is possible without interfering with the automated logic.
Strategy
Trend Wave EA operates on a Trend Continuation model:
- Trend Identification: Determines dominant wave direction using moving average convergence and momentum confirmation.
- Entry Execution: Opens trades aligned with the confirmed trend, avoiding false breakouts.
- Trade Management: Uses dynamic trailing stops to lock in profits gradually.
- Adaptation to Market Conditions: Reduces trade frequency during sideways or choppy markets to protect equity.
The EA performs best in clear trending markets, like USDJPY and GBPUSD, and naturally limits exposure during consolidation phases.
Trading Signals
- Buy Signal: Triggered when price closes above Trend Confirmation zone with rising momentum.
- Sell Signal: Triggered when price closes below the zone with declining momentum.
- Exit Conditions: Trades close automatically when opposite signals appear or dynamic profit targets are reached.
- Manual Mode: Control panel allows immediate trade closure or initiating new series without disrupting automated logic.
Signals are smooth, timely, and reliable, minimizing whipsaw effects in tight trading ranges.
Conclusion
Trend Wave EA for MT5 is a high-quality trend-following system designed for disciplined traders who value stability and capital preservation. Key strengths include:
- Consistent low drawdowns
- Smooth, gradual equity growth
- Adaptability to trending and consolidation markets
- No reliance on risky Martingale or grid strategies
If you want an EA that thrives in trending conditions, manages risk intelligently, and rewards patience, Trend Wave EA is a solid addition to any automated trading portfolio.
