AUDWave (Free EA)

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AUD Wave logo

SUMMARY

This is an EA (Expert Advisor) designed exclusively for the AUDUSD currency pair. Take advantage of the high volatility of AUDUSD and trade aggressively on the 1 minute time frame. This EA accumulates profits very quickly through recovery trades. This EA is completely free to download.

PERFORMANCE (LIVE FORWARD TEST)

AUDWave profit and loss graph
TOTAL GAIN-99.8%
MONTHLY-83.8%
DRAWDOWN99.9%
START2024-05-23
OPERATING MONTH3
ACCOUNTdemo

KEY FEATURES

Currency Pair AUDUSD
Time frame M1
Terminal MT5
Trading Syle

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Description

This is an EA (Expert Advisor) designed exclusively for the AUDUSD currency pair.
Trade aggressively on the 1 minute timeframe.
This EA has high performance due to its sophisticated grid trading strategy.
This EA is completely free to download.

In ever-changing financial markets, traders need tools that allow them to adapt quickly and take advantage of even the smallest market fluctuations.

Although the 1 minute time frame may seem fast, it is the perfect time frame for traders looking to take advantage of short-term opportunities.

The AUDUSD pair targeted by this EA is suitable for short-term trading. Particularly suitable for short-term trading methods such as scalping using 1-minute and 15-minute charts
This currency pair can exhibit relatively high volatility, and our EA will earn large profits in volatile markets.

This EA uses grid trading to quickly accumulate profits.
This strategy involves issuing multiple buy and sell orders at predetermined intervals above and below the current market price.

When the price moves, these orders act as recovery trades and take profits.
By placing these orders strategically, our EA accumulates profits.

This EA can accumulate profits very quickly, but at the same time there are risks due to recovery trades.

Attach an EA to the M1 chart of AUDUSD on MT5.

parameter settings
・Lot_Size: Minimum 0.01 lot ~ Please set according to your account balance.
・Magic number: Normally, there is no problem with the default setting. This is the number that identifies this EA order within the account. If you use multiple EAs in one account, please set the magic number so that it is not the same as another EA’s magic number.

This EA operates while adjusting the lot size, so it cannot tolerate drawdowns if the account balance is too small or the lot size is too large.

We recommend starting with 2000 USD and 0.01 lot. Be careful when increasing lot size. The foreign exchange market changes rapidly and trading involves risk.

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