Wave Rider EA V4.1 MT5 NO DLL

🌊 Wave Rider EA MT5 — Scalper Speed with Sniper Entries | Built for Gold Hybrid scalper combining scalping speed with intelligent recovery — for XAUUSD traders who value precision. Wave Rider EA is a hybrid gold scalping Expert Advisor built by Adam Hrncir — a software developer with 15+ years of engineering experience. The system combines 4 independent trading strategies with triple timeframe confirmation and 3 layers of account protection to deliver disciplined, high-precision XAUUSD scalping. Most trades close in under 30 minutes — minimal market exposure, maximum control. 📊 Verified Performance ⭐ Perfect 5.0 / 5 rating from 25+ verified buyer reviews on MQL5 🛒 88 purchases per month — one of the fastest-selling XAUUSD EAs 📥 1,743 demo downloads — proven trader confidence 🟢 Live Signal Verified: Live Signal 📅 Version 4.1 — actively updated (April 2026) 🚀 Published February 2026 — current-generation algorithm 🏆 Author Rating: 1,579 — established MQL5 reputation 🎯 4 Strategies. One Goal. Consistent Gold Trading. Gold has been volatile — sharp drops, sudden reversals, and news-driven spikes have wiped out countless accounts. Wave Rider was built with one principle: knowing when NOT to trade is just as important as knowing when to enter. Each strategy targets a different market condition. Run them all together, or pick the ones that suit your style: 🎯 S01 — Support and Resistance Dual timeframe ZigZag-based detection of real support and resistance on M15/M30 Zones where price actually reversed — not arbitrary lines Filters entries with volatility and trend strength confirmation 🎯 S02 — Pullback Watches multiple timeframes (M1/M5/M15) for momentum shifts Catches retracements at the right moment Bounce zone detection + exhaustion filtering to avoid false entries 🎯 S03 — Trend Breakout Detects when price breaks out of a consolidation range Momentum confirmation for high-probability entries Rides strong directional moves with multiple entries 🎯 S04 — M5 Strategy Identifies oversold/overbought bounce setups on M5 Uses market strength, momentum, and candle pattern analysis Multiple confirmation layers keep entries precise When one strategy waits, another may fire — giving you consistent coverage across different market conditions. All strategies support BUY and SELL — restrict to one direction only if preferred. ⚙️ Two Trade Modes. You Choose How to Manage Risk. Wave Rider gives you a one-dropdown choice: 🔄 Recovery Mode (Grid) — Default Intelligent grid recovery with progressive spacing Configurable lot multiplier (default 1.0 — no martingale) Trailing stop and breakeven tracking Visual TP line on chart for clear monitoring Quick profit target — grab pips and exit Recovery activates only when needed — and can be disabled entirely 🎯 Single Position Mode (SL/TP) One trade only — fixed stop loss, fixed take profit Built-in trailing stop that locks profits as price moves favorably No grid. No recovery layers. Clean and simple Prop-firm friendly (note: prop firms create restrictive conditions — no results guaranteed) Switch between modes with a single dropdown. Same high-quality entries either way. 🛡️ 3 Layers of Account Protection Your account comes first. Wave Rider includes three independent protection systems: 🚨 Drawdown Protection Daily drawdown tracking against peak equity (percentage or money) Automatically closes all positions and pauses trading when threshold is hit Resets daily 🏔️ ATH Protection Prevents new entries when price is near all-time highs Configurable timeframe and percentage threshold Stop buying the top ⚡ Dynamic Exit Detects rapid adverse price moves Auto-closes all open positions during news spikes, flash crashes, or sudden reversals 📐 Triple Timeframe Confirmation. No Fighting the Trend. 📈 H1 EMA Filter — detects the overall trend direction 🎯 M15/M30 Entry Confirmation — entries only trigger when lower timeframes align WITH the H1 trend 🚫 Wave Rider never opens positions against the trend — no fighting the market, no speculating on choppy markets about to flip ⚙️ Configurable fast/slow EMA periods with optional alignment and separation requirements 🖥️ Visual Dashboard & Full Transparency On-chart visual dashboard with real-time: Account info Daily drawdown Strategy status (Disabled / Waiting / Active) Daily P/L per strategy TP / breakeven prices "Close All Positions" button for instant manual override Customizable font, font size, and DPI scaling 🎚️ Position Sizing Options Fixed Lot — your chosen lot per trade Auto Risk — scales with balance (Very Low → Very High) Custom Scale — your own ratio ⏰ Time Management Multiple trading windows per day Separate Friday schedule Automatic NFP detection — pauses around Non-Farm Payrolls Per-strategy time ranges (configure each strategy independently) 💰 Why Wave Rider EA? ✅ Perfect 5-Star Rating — 25+ verified buyer reviews on MQL5 ✅ 88 Purchases/Month — actively trusted by the community ✅ 4 Strategies in One EA — diversified market condition coverage ✅ 2 Switchable Trade Modes — Grid Recovery OR Single Position (prop-firm friendly) ✅ Triple Timeframe Confirmation — never fights the trend ✅ 3-Layer Protection System — Drawdown + ATH + Dynamic Exit ✅ Live Signal Verified — real-money proof on MQL5 ✅ Pre-Optimized Defaults — works out of the box ✅ Developer-Built for His Own Trading — Adam Hrncir trades with this EA himself ✅ Active Updates — V4.1, April 2026, ongoing improvements ✅ No DLL Required — clean install, broker-safe 🛡️ Safe Trading — Multi-Layer Discipline ✔️ Triple timeframe confirmation — entries only with H1 trend alignment ✔️ Never fights the trend — no counter-trend gambling ✔️ No choppy market entries — sits out during dangerous conditions ✔️ Daily drawdown circuit breaker — auto-closes when limit hit ✔️ ATH protection — stops buying near all-time highs ✔️ Dynamic exit — protects against news spikes and flash crashes ✔️ Recovery can be disabled — switch to pure single-position mode ✔️ NFP auto-detection — avoids known volatility events 🚫 No martingale by default — lot multiplier set to 1.0 🚫 No DLL — zero third-party dependency ⚙️ Technical Specifications 💻 Platform: MetaTrader 5 (MT5) 📦 Version: 4.1 (Latest — April 2026) 🔧 DLL Required: No — fully self-contained 📊 Symbol: XAUUSD (Gold) — exclusive 🕐 Timeframe: Any (strategies use hard-coded internal timeframes) 🎯 Strategies: 4 independent (S01-S04) + 2 trade modes 📈 Trend Filter: H1 EMA + M15/M30 confirmation 🛡️ Protection Layers: Drawdown + ATH + Dynamic Exit 🔒 Trade Modes: Grid Recovery (default) OR Single Position (SL/TP) 💵 Minimum Deposit: $300 (0.01 lot, Grid mode) or $150 (Single Position mode) 💰 Recommended Deposit: $800+ for comfortable grid recovery 📐 Leverage: 1:100 minimum, 1:500 recommended 🏦 Account Type: Hedge ☁️ VPS: Recommended for 24/5 operation 🔓 Activations: Unlimited 🏦 Recommended Brokers Wave Rider works on most brokers, but performs best on: ✅ ECN/RAW Spread brokers with 2-digit XAUUSD pricing: JustMarket ❌ Not Recommended: Exness and other 3-digit XAUUSD brokers 📦 What's Included ✅ Wave Rider EA V4.1 .ex5 file for MT5 ✅ 4 battle-tested trading strategies ✅ 2 trade modes (Grid Recovery + Single Position) ✅ Built-in trailing stop for both modes ✅ Triple timeframe trend confirmation ✅ 3 layers of account protection ✅ Built-in volatility analyzer ✅ Visual dashboard ✅ Pre-optimized default settings — works out of the box ✅ Ongoing updates and improvements ✅ Direct support from the developer ✅ FxPrisma support via Telegram @Fxprisma 🚀 How to Install Purchase and download Wave Rider EA V4.1 .ex5 file Open MT5 → File → Open Data Folder Go to MQL5 → Experts → paste the .ex5 file Restart MT5 and open your XAUUSD chart (any timeframe) Drag Wave Rider onto chart — pre-optimized defaults work out of the box Choose your trade mode: Grid Recovery (default) or Single Position Enable Auto Trading — Wave Rider rides the gold waves 🌊 🎯 Ideal For ✔️ XAUUSD gold scalping specialists ✔️ Traders wanting multi-strategy diversification in one EA ✔️ Prop firm participants (Single Position mode) ✔️ MT5 algorithmic traders with VPS infrastructure ✔️ Risk-conscious traders who want optional grid + multiple safety layers ✔️ Disciplined traders who value "knowing when not to trade" ✔️ Set-and-forget VPS automation seekers ✔️ Beginners ($150 min in Single Position mode) and advanced traders alike 🎬 Live Resources 📺 YouTube Video Review: Available on the FxPrisma channel 📖 Detailed Manual: Available on MQL5 blogs 🟢 Live Signal: Monitor real performance ⚠️ Important Notes 🔴 Grid Recovery Disclosure: Wave Rider's default mode uses intelligent grid recovery. While the default lot multiplier is 1.0 (no martingale), grid systems require sufficient margin during extended adverse moves. Use the built-in drawdown protection and start with conservative lot sizes. 🔴 Single Position Alternative: If you reject grid entirely, switch to Single Position mode for clean SL/TP trading. Same entry quality, no recovery layers. 🔴 Broker Choice Matters: ECN/RAW brokers with 2-digit XAUUSD pricing deliver best results. Exness and other 3-digit brokers are explicitly not recommended. ⚠️ Risk Warning Trading foreign exchange and CFDs on Gold (XAUUSD) carries a high level of risk and may not be suitable for all investors. Past performance, including the verified MQL5 live signal and 5-star reviews, is not indicative of future results. Grid trading requires sufficient margin — use Wave Rider's built-in drawdown protection features and start with conservative lot sizes. Wave Rider is a professional tool built for patient traders who understand risk management. Always test on a demo account first. Only trade with capital you can afford to lose.