Technical Indicators for MetaTrader 5

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MetaTrader 5

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Wonder Wizard EA

wonder-wizard-ea-logo-200x200-5557
599 $449 $

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Information

Experts
MetaTrader 5
Borja Mayoral Arauz
1.3
7

Overview

This Expert Advisor (EA) is a fully autonomous trading solution designed for major market reversals with integrated self-learning algorithms. Using neural network analysis of historical trades and recent price action over the past month, the EA continuously adapts to changing market conditions, optimizing its approach in real-time.

User Configuration: To enhance ease of use, input parameters are minimized and structured as follows:

  • Symbols: Comma-separated list of symbols the EA should operate on. If empty, defaults to the active chart symbol. (Only the symbols listed above are supported).
  • SelectedRisk: Five risk modes from very low to very high, adjusting position sizing and trade aggressiveness.
  • MaxNumberOfPairs: Sets the maximum number of currency pairs traded concurrently.
  • Max Drawdown in %: Defines a percentage-based drawdown limit; reaching this threshold triggers trade closure and suspends the EA for a predefined duration.
  • Max Drawdown in Money: Similar to the percentage-based drawdown, this setting halts trading upon reaching a specific monetary loss.
  • Pause Trading Duration: Duration (in days) to suspend trading after hitting the maximum drawdown. For example, 7 for a week-long pause.
  • Martingale Levels: Maximum Martingale progression levels permitted. If set to 3, the EA stops increasing lot sizes after three levels.
  • Initial LotSize: If different from 0.0, the EA will start always with that lotsize
  • Minimum diff in pips: the EA will avoid to open trades for the same symbol at similar price, this is the minimum difference in pips between open trades.
  • Offset GMT: Your marketwatch time - GMT, typical value is 2, like ICMarkets

Supported Symbols: The EA is optimized for specific currency pairs: AUDNZD, NZDCAD, AUDCAD, EURUSD, and USDCAD. If the Symbols field is left blank, the EA will default to the symbol of the chart it is attached to.

Recommendation:

• Minimum Leverage: 1:100 (1:30 for the Lowest risk levels)

• Minimum Starting Balance: $500 (or equivalent in other currencies).


This EA combines machine learning with neural network-based pattern recognition to enhance decision-making in reversal trading, designed for consistent and optimized performance under dynamic market conditions.

Feel free to send me a msg or leave a comment for any questions:

https://www.mql5.com/en/market/product/126022?source=Site+Market+My+Products+Page#!tab=comments

Live Signals MQL5:
https://www.mql5.com/en/signals/2262810?source=Site+Signals+My


Disclaimer: High Risk Warning

Trading foreign exchange (Forex) carries a high level of risk and may not be suitable for all investors. The use of Expert Advisors (EAs) and automated trading systems involves significant financial risk, and there is no guarantee of profit or protection from losses.

By using this Expert Advisor, you acknowledge and accept that:

  1. You can lose all your invested capital. Forex trading is speculative and can result in substantial losses, up to and including your entire investment.
  2. Past performance is not indicative of future results. Historical data and backtesting do not guarantee future outcomes.
  3. Automated trading systems are not foolproof. Market conditions, technical issues, and broker policies may affect the performance of this EA.
  4. Proper risk management is essential. It is crucial to use only risk capital—funds you can afford to lose without affecting your financial stability.

Seek advice from an independent financial advisor if you are unsure about the risks involved. By using this product, you accept full responsibility for your trading decisions and the outcomes they produce.


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