ParitLAB
← StoreMT5 EXPERT ADVISOR / IN DEVELOPMENT

ParitLab Wave1 Entry EA

Turn confirmed Wave1 setups into rule-based MT5 execution, with Auto/Fixed lots, combined risk limits and profit locking. In development; not yet for sale.

01

Built around structured execution

  • Confirmed Wave1 setups and rule-based execution
  • Auto lot or Fixed lot sizing
  • Combined planned stop-risk cap across setups
  • Concurrent setup limits
  • Structural swing stop with a buffer
  • Partial-close profit locking and breakeven requests
02

The product approach

For researching wave-structure trading with consistent execution rules. The EA combines setup creation, position sizing and trade management. Wave counts and entries can be wrong.

03

How it works

Confirmed swings form Wave1 setups for rule-based execution. Stops reference the origin swing with a buffer. Conditional profit locking requests pending-order cancellation, partial closing and a breakeven stop.
The selected M5 test uses 10% risk per setup, a 10% combined cap and up to two concurrent setups. This is high risk, not a recommendation for every account. Planned risk caps do not guarantee maximum realized loss.

04

Backtest and limitations

Supplied report: GOLD# / M5, 1–9 September 2026; USD 10,000 initial deposit.
Net profit USD 2,314.07 • Maximal equity DD USD 371.09 (3.15%) • Profit factor 12.04 • 43 trades.
This short historical simulation covers approximately six trading days. Research and parameter selection reused overlapping data: it is not untouched out-of-sample validation or a weekly-return forecast.
Earlier configurations lost money, including M1 at 20% risk: -USD 428.23, DD 10.43% (different conditions, not a controlled comparison).
An exact binary-checksum match to the report is unverified. Spreads, slippage, gaps, commissions and broker rules can change real outcomes.

Read the development and test ledger in Lab Notes →

SEE IT IN ACTION

See how it works

WHY THIS PRODUCT

Turn Wave1 rules into a traceable MT5 execution workflow.

Rule-based execution|Lot and risk controls|Testing and version history