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The Wave Scalper – Forex Expert Advisor

The Wave Scalper is one of the only fully automated scalping systems for trading preferrably GBPUSD and USDJPY currency pairs based on Elliot Wave theory. This EA works on the MT4 and the MT5 Platform, it works on these currency pairs: USD/JPY, GBP/USD,GBP/AUD, GBP/NZD, GBP/CAD, XAU/USD. The website claims that this EA is, capable of delivering a profit of 100%, 400%, and 700%. Wave Scalper was developed by the LeapFX team. LeapFx on their website lay claim to having more than 20 forex robots in their arsenal, with notable names such as Arbitron, Jet Trader Pro, News Action trader, Econ Power, etc.

The reason it’s been able to thrive unlike other trading systems is because:

  • It’s built upon a complex neural network model that allows it to adapt to changes in the market.
  • It does NOT use dangerous grid or martingale methods.
  • It does NOT actively trade against trends.

The Wave Scalper is based on Elliot Wave theory it works on multiple trading pairs (we prefer GBPUSD and USDJPY) across multiple market sessions.

Elliot wave principle consists of impulse waves and corrective waves.  When the price action of the market is moving in a direction…

  • The waves that are moving with the overall trend movement are called impulse waves.
  • The waves that are moving in the opposite direction of the overall trend are corrective waves.

The Wave Scalper scalps impulse waves that trade into the trend direction, giving a much higher probability of success. Through extensive historical testing and lengthy testing on live accounts, we’ve been able to perfect the system to maintain safe risk ratios, and continually profit and grow.

Scalping is an amazingly profitable way to trade Forex, but there are common issues that you must worry about with other systems that you fortunately don’t have to worry about with The Wave Scalper.

  • Many scalpers will work on demo accounts, but not real accounts because of real market conditions such as dynamic spreads, slippage, and other execution issues. The Wave Scalper is proven to work on live accounts and thoroughly tested to work on multiple brokers.
  • Not only scalpers, but many trading systems don’t have historical trading that goes back very far, The Wave Scalper has almost 10 years of trading data to back up it’s ability to trade and profit.
  • You don’t need an advanced computer system or extremely high-speed internet. It can work successfully on a basic computer or virtual computer. And since it’s 100% fully automated you never really have to do anything at all except withdraw profits when you are ready.

And don’t worry about too many people using the software causing it to not work.  There’re 2 reasons it will continue to work.

  • This isn’t a high-speed scalper that can be manipulated by a broker or liquidity provider and be forced to fail.
  • We won’t be making enough copies available for this software to overwhelm the retail markets so it’s impossible for The Wave Scalper to fail from over use (so get your copy as soon as possible below, because we can close the doors on this any day).

So yes, it will work for you and we make it as easy as possible by providing the tools recommendations, instructions and support to make it happens.

The Wave Scalper EA Rating 6.9
Yield per annum 110%
Max drawdown per annum 10.79%
Developer LeapFX
Created, year 2017
Free
Price $497
Class short term
Type breakout
Lot size
Deposit $50
Leverage 100
Timeframes M5
Strategies scalping
Indicators own indicators
Recommended brokers    
Trading tool/currency pairs USDJPY, GBPUSD,GBPAUD, GBPNZD, GBPCAD, XAUUSD
Automatic account type
Indicating
Multiple usage
Mini deposits
Max risk limitation
ECN
NDD
Several one-way series
Auto start lot
Fixed stop loss
Fixed takeprofit
Automatic lapse expansions
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