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Name: Elliott Wave automatic
Version: Latest Version
Developer by: Samuel Bedin
The Right Platform: Meta Trader 5 (MT5)
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Elliott Wave automatic MT5 – Expert Advisor Powered by Elliott Wave Theory
With over two decades of experience in the forex market, I’ve found that trading systems based on Elliott Wave Theory can provide a significant edge when properly programmed and paired with sound money management. Elliott Wave automatic MT5 is designed specifically for major currency pairs, with its best performance on the H1 timeframe for EUR/USD.
This EA offers fully adjustable strategy parameters, combining intelligent money management with profit growth compounding to maximize returns. In backtesting, it achieved up to 500% profit in just six months, proving both its profitability and reliability.
✅ Automated Elliott Wave Strategy
Analyzes wave structures in real-time, identifying dominant trends and potential reversal points for precise entries and exits.
✅ Optimized for EUR/USD on H1
Delivers its highest performance on EUR/USD, suitable for both short-term and medium-term trading.
✅ Fully Customizable Parameters
Adjust factors such as wave depth analysis, lot size, and take profit/stop loss ratios to fit your personal trading style.
✅ Money Management & Profit Compounding
Automatically calculates position sizes based on current equity while applying compounding strategies to accelerate account growth.
✅ Proven Performance
Backtested to achieve 500% profit within six months, showcasing its ability to capitalize on market trends and volatility.
Higher Win Rate – Driven by precise and automated Elliott Wave analysis.
Rapid Capital Growth – Potential for 500% profit in half a year with compounding.
Strong Risk Control – Clear stop loss levels and intelligent position sizing.
Time-Saving Automation – Eliminates the need for manual wave analysis.
Versatility – Suitable for both beginners and seasoned traders due to its customization options.
Boosted Trading Confidence – A proven strategy combined with automation removes emotional bias from trading decisions.
The Elliott Wave Forex EA showcases an impressive blend of profitability and risk management in this backtest on the EUR/USD H1 timeframe. Starting from a $5,000 initial deposit, the EA generated $33,127.24 net profit, achieving a strong profit factor of 2.34 while keeping the maximum drawdown at a controlled 21.44%.
Initial Deposit: $5,000
Total Net Profit: $33,127.24
Profit Factor: 2.34
Recovery Factor: 33.20
Maximum Balance Drawdown: $7,886.28 (21.44%)
Name | Fit |
---|---|
Trading platform | Meta Trader 5 (MT5) |
Time frames | H1 |
Currency pairs | EUR/USD |
Min / Recommended deposit | $1000 |
Min / Recommended leverage | Any |
VPS | Optional, for uninterrupted advisor operation. |
🤗WISH YOU SUCCESSFUL TRADING🤗