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Seller price: Free
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Wave Scalper EA1.3
Seller claims
grid no · martingale no · SL yes
EALegit summary — unaudited listing
Wave Scalper EA is a fully automated scalping expert advisor for MetaTrader that identifies trades using price action and manages positions with an invisible trailing stop loss, with a fixed visible stop loss also available. It opens only one trade at a time, optionally calculates lot size from account risk (money management), and can stop trading if account balance falls to a set fraction of its peak. It is configurable per symbol and timeframe and reportedly works on most pairs, predominantly GBPUSD, USDCAD, EURUSD, AUDUSD and USDJPY. The seller states it uses no grid or martingale and that optimization is required before use, as the EA is offered free with limited support.
Lab results
No lab results. The seller's backtest has not been reproduced.