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Elliott Wave Trend Forex EA - Powerful Expert Advisor for MT4
Unlock the potential of your trading with the "Elliott Wave Trend.mq4" Forex Robot. This expert advisor (EA) is designed to optimize your trading strategy, providing enhanced performance and reliable results on MT4. Tested on LQDFX and FXOpen, it seamlessly adapts to any broker. Elevate your trading experience with this versatile and effective Forex EA, your key to navigating the dynamic market trends. Download now for improved trading outcomes.
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any body have elliot wave accurate indicators i want clear idea about it
Hi friend.
Thank you for your EA.
Do you have a recommended parameter?
Performance. Drow down?Have you Real test or test only demo account?
very interesting robot and works well all the time but will check tests much more and see if it works
Is this software still work?
We are able to modify the source code?
Forex Success with Elliott Wave Trend EA!
Elliott Wave Trend EA uses a combination of Fast and Slow Moving Averages (MA) to identify trends in the market. It calculates the difference between these MAs and watches for specific conditions to determine the trend direction. When the conditions are met, it generates signals for buying or selling.
Download and Setup:
Download the mq4 file from this link: Elliott Wave Trend EA
Open your MetaTrader 4 platform.
Click on "File" -> "Open Data Folder" -> "MQL4" -> "Experts."
Copy and paste the downloaded mq4 file into the "Experts" folder.
Restart your MetaTrader 4 platform.
Go to the "Navigator" panel and find "Elliott Wave Trend EA."
Drag and drop it onto your trading chart.
Adjust the parameters to your liking.
Adjustable Parameters:
FastMa: This parameter sets the period for the Fast Moving Average (MA) used in the EA's calculations.
SlowMa: This parameter sets the period for the Slow Moving Average (MA) used in the EA's calculations.
Trigger: This parameter determines the trigger level for identifying trend changes.
Back Test: This parameter sets the number of bars used in the backtesting process for trend identification.
FastMa: 5
SlowMa: 35
Trigger: 0.25
Back Test: 5
Optimal Settings:
Currency Pair: EUR/USD
Minimal Balance: $1000
Time Frame: H1
The best settings for Elliott Wave Trend EA are using the EUR/USD currency pair, a minimal balance of $1000, and a time frame of H1. These settings have proven to be successful in identifying profitable trading opportunities.
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