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 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 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.
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.
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%|
|Recommended brokers||Greendax, BTG Capital, FiatVisions|
|Trading tool/currency pairs||USDJPY, GBPUSD,GBPAUD, GBPNZD, GBPCAD, XAUUSD|
|Automatic account type|
|Max risk limitation|
|Several one-way series|
|Auto start lot|
|Fixed stop loss|
|Automatic lapse expansions|
|5||FX Classic Trader||335%|
|7||Odin Forex Robot||57%|
|12||GPS Forex Robot||345%|
|1||Metatrader 5 Trading Platform|
|2||Atompix Trading Platform|
|3||MetaTrader 4 Trading Platform|
|4||cTrader Trading Platform|
|6||MetaTrader 5 Mobile Trading Platform|
|7||MetaTrader 4 Mobile Trading Platform|
|9||ZuluTrade Trading Platform|
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