Wave Rider EA MT5
Four-strategy gold scalper · smart recovery
- Platform
- MT5
- Version
- 4.1
- Category
- MT5 EA
- Delivery
- File download delivery
- Developer
- Adam Hrncir
- Listing updated
- 2026-08-20
Screens
Description
Wave Rider EA is a hybrid scalper for gold (XAUUSD): 4 scalping strategies with triple-timeframe confirmation, with most trades closing within 30 minutes for minimal market exposure.
Two modes
- Single-position: fixed stop-loss, realized & bounded drawdown (conservative, low capital)
- Intelligent recovery (grid): averages into losers, needs thicker capital to absorb floating drawdown (aggressive, $800+ suggested)
Built-in drawdown protection, ATH safeguards and dynamic exits — three layers of account protection. Note: recovery mode is a grid strategy; floating drawdown can balloon in extreme one-way moves — size by risk tier.
Requirements
- Symbol: XAUUSD; timeframe: any (hard-coded internally)
- Load the bundled __ZigZag indicator first, then attach the EA
- Account: Hedge; leverage 1:100 min, 1:500 recommended
- Capital: single-position ~$150+ / grid recovery $800+
Version 4.1, by Adam Hrncir. MQL5 live signal publicly verifiable (4.97★ / 34 reviews).
Your download link is delivered automatically right after payment — find it anytime via My Orders.
Digital goods (license keys / files) are non-refundable once delivered. EAs and quantitative strategies are for research/education only and are not investment advice; forex and derivatives trading is high risk and past performance does not guarantee future results.
Further reading
Reading Myfxbook Like a Pro: What Each Metric Actually Tells You
Once you can spot fakes on Myfxbook, the next step is understanding what each metric means: why Gain differs from absolute gain, the types of drawdown, what Profit Factor is good, and why a high win rate can be a trap.
How to Verify an EA Is Real: The Complete Myfxbook Guide
The biggest trap when buying an EA is faked backtests and Photoshopped P&L. Here's how to verify a real track record with Myfxbook in four steps.
How Gold EA Spread Cost Really Works — and Why Backtest ≠ Live
Gold (XAUUSD) spreads are wide and variable, and most gold EAs are high-frequency scalpers — extremely spread-sensitive. This breaks down the true cost of a trade and explains why a pretty backtest shrinks live.
What Actually Changes an MT5 Backtest — We Ran the Controlled Test
Same EA, same .set, two different equity curves. We isolated the chart timeframe in a controlled test: 60× the bar count, and every figure in both reports came back identical. The variables that actually move the number are elsewhere — ranked by impact, with our own measured data.
