Wave Rider EA MT5

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).