Question 1

What type of strategy does Wave Hunter EA MT4 use?

Accepted Answer

It is a pending-order breakout scalper that waits for price to break calculated levels.

Question 2

Is it safe?

Accepted Answer

Medium Risk — It uses fixed Stop Loss and trailing stop, but the SmartLotSize = 30 is quite aggressive. Lowering SmartLotSize significantly improves safety.

Question 3

Does it use Martingale or Grid?

Accepted Answer

No. It is a clean breakout system with fixed or smart lot sizing.

Question 4

Is it suitable for beginners?

Accepted Answer

Yes, the settings are relatively straightforward. Beginners should start with SmartLotSize = 10 or lower and test on a demo account.

Question 5

Which pairs work best?

Accepted Answer

Best on volatile pairs such as XAUUSD (Gold), GBPUSD, EURUSD, and other major pairs on M15 or H1.

Wave Hunter EA MT4Premium

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