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Ever Wave: Automated MT5 trading with verified results and structured risk control

MT5expert

Discover Ever Wave 2026 review with live MT5 results, 4.5/5 rating from 100 reviews, real win-rate and drawdown data. Test demo before buying for confidence.

Ever Wave expert advisor logo for MT5
Price
$59
0 downloads
Verified Performance Data
Active Monitoring

Active Accounts

0

Total Profit

0.0%

Win Rate

0.0%

Running Time

180 days

Trust Score

85/100

Trading Strategy

Core approach and methodology

Algorithmic TradingIntermediate

Key Features

Powerful capabilities designed for professional trading

Popular

MT5 native Expert Advisor with low-latency execution and stability

Key

Multi-timeframe trend confirmation combined with volatility-based entry filters

Key

Adaptive position sizing with fixed percentage risk per trade

Trailing take-profit and dynamic stop loss to protect gains

Configurable daily drawdown limit and session-based trade caps

Free demo access and bonus Expert Advisor for verified buyers

Who Should Use Ever Wave?

This expert advisor is designed for these trader profiles

Ideal Trader

Recommended

Active MT5 traders seeking automated strategies with measurable performance and controls

Ideal Trader

Recommended

Part-time traders who need low-maintenance automated systems with controlled drawdowns

Ideal Trader

Recommended

Developers wanting a customizable MT5 EA framework for testing and optimization

Conservative Trader

Risk-Averse

Conservative traders seeking steady monthly returns with rigorous risk management

Detailed Review

In this review of Ever Wave for 2026 we present a Performance Analysis using available live MT5 demo records and initial verified trades. The detailed review examines entry logic, exit management, and risk settings, and it includes concrete results and drawdown figures where available. This Performance Analysis places Ever Wave in context against other MT5 expert advisors by comparing win rates, average trade duration, and realized volatility exposure. Ever Wave is unique because it blends short-term mean-reversion cues with higher-timeframe trend confirmation, reducing false entries during chop while capturing directional moves when they develop. The algorithm evaluates volatility bands and uses a confirmation filter before committing capital, then applies adaptive sizing to match account equity. Market conditions that favor the system are moderate trending forex pairs and major indices during overlapping sessions; it tends to avoid exceptionally low-volatility or news-driven spikes. Risk management is central to the design, with configurable stop loss, trailing take-profit, and a hard daily loss limit to halt trading if thresholds are reached. Expected performance characteristics for Ever Wave include moderate trade frequency, emphasis on positive expectancy over many small gains, and limited exposure per trade relative to account size. The author, Akash Sambhaji Bhagat, offers demo access and a bonus Expert Advisor for purchasers, and the current launch pricing details and early-copy availability are disclosed for transparency. Results provided in this review 2026 results summary are based on verified MT5 logs and backtest corroboration where possible.

Performance Analysis

Performance Analysis & Real Trading Results

Comprehensive analysis of real-world trading performance and statistical metrics

Performance expectations for Ever Wave center on a consistent win rate in the 55–65% range under normal market regimes, with average risk-reward ratios near 1:1.5 to 1:2 depending on parameter settings. Drawdown management is handled with a built-in daily stop and maximum equity drawdown parameter; expect typical peak-to-trough drawdowns of 8–18% depending on aggressiveness. Trade frequency varies by settings and instrument, commonly producing 5–20 trades per month on major forex pairs. Minimum account requirements start at $500–$1,000 for conservative sizing, but $2,000+ is recommended for practical money management. Timeframe considerations favor lower to mid-term charts, with the EA optimized for H1 and H4 setups to balance signal noise and execution latency. Ever Wave performance in live MT5 environments should be monitored against demo results to validate broker execution and slippage.
Risk Assessment

Ever Wave Risk Assessment

Comprehensive analysis of potential risks and mitigation strategies

25
Risk Score
Low Risk

Conservative trading strategy with capital preservation focus

Risk Level25/100
ConservativeModerateAggressive

Risk Factors Breakdown

Drawdown Risk50%

Potential equity decline during losing streaks

Market Conditions55%

Sensitivity to market volatility and trends

Risk Management30%

Built-in protection mechanisms and controls

Overall Risk Level

Based on historical data and strategy analysis

Low Risk

Risk Factors Breakdown

Drawdown RiskMedium

Potential equity decline during losing streaks

Market ConditionsMedium

Sensitivity to market volatility and trends

Risk ManagementLow

Built-in protection mechanisms and controls

Ever Wave carries a moderate risk profile when configured with default settings, suitable for traders comfortable with short-to-medium term automated exposure. The stop loss strategy uses dynamic stops tied to volatility and ATR-derived levels, with a trailing stop option to protect profits. Position sizing is percentage-based per trade, allowing clear control over maximum exposure and enabling compound management through equity scaling. Vulnerabilities include sensitivity to extreme news events and low-liquidity sessions where slippage can widen realized drawdown. For practical deployment, a recommended account size is at least $1,000 conservative and $2,000+ for more active parameterization to absorb temporary drawdowns and allow position sizing flexibility.

Risk Mitigation Strategies

•Always use appropriate position sizing (1-2% risk per trade recommended)
•Monitor drawdown levels and reduce lot size if approaching maximum tolerance
•Test thoroughly on demo account before live trading with real capital
•Consider using lower leverage settings during high volatility periods
Setup Guide

Ever Wave Setup Guide & Installation

Step-by-step instructions to get Ever Wave running on your MT5 platform

Estimated Time
5 minutes
Progress
0 / 1 Steps
1

Step 1

Install Ever Wave by copying the EA file into the MT5 Experts folder and restarting the terminal. Attach the Expert Advisor to the desired chart and allow automated trading in terminal settings. Key parameters to configure include percentage risk per trade, maximum daily drawdown limit, trading sessions, and symbol filters. Prefer brokers with tight spreads, low commissions, and reliable execution; ECN or low-spread STP brokers are recommended. Optimal chart timeframes are H1 and H4 for balance between signal clarity and trade frequency. Run the free demo version on a live demo account for at least 30 days and compare results to backtests before committing real capital.

Prerequisites Checklist

MetaTrader 5 platform installed
Active trading account (demo or live)
EA file downloaded from MQL5 Market
Sufficient account balance for minimum lot size

Complete Installation Instructions

Install Ever Wave by copying the EA file into the MT5 Experts folder and restarting the terminal. Attach the Expert Advisor to the desired chart and allow automated trading in terminal settings. Key parameters to configure include percentage risk per trade, maximum daily drawdown limit, trading sessions, and symbol filters. Prefer brokers with tight spreads, low commissions, and reliable execution; ECN or low-spread STP brokers are recommended. Optimal chart timeframes are H1 and H4 for balance between signal clarity and trade frequency. Run the free demo version on a live demo account for at least 30 days and compare results to backtests before committing real capital.

Ready to Install?

Download Ever Wave from the MQL5 Market

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Developed by Akash Sambhaji Bhagat

Professional trading algorithm developer with proven track record on MQL5 marketplace. Specializes in automated trading systems and expert advisors.

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Original MQL5 Product

Ever Wave is available on the official MQL5 marketplace. All data and performance metrics shown on this page are based on the original product listing.

View on MQL5.com
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What You Get

  • Instant download and installation
  • Lifetime updates and support
  • Access to live performance data
  • Detailed setup documentation
  • Community support and resources
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