Wizard EA MT4

Quick Summary: Wizard EA for MT4 is a professional non-martingale Expert Advisor that trades major currency pairs using dynamic pending orders and strict price-action logic. Developed by Aleksandr Shurgin, it enters trades only during optimal volatility conditions while maintaining fixed SL/TP, low drawdown, and precise risk control.

More information from this vendor: https://www.mql5.com/en/market/product/17971

What Is Wizard EA?

Wizard EA is a mathematically structured Expert Advisor designed to trade major forex pairs with stable, rules-driven execution.
It relies on:

• • multi-period price-action signal calculation,
• • dynamic pending orders,
• • fixed risk parameters,
• • no martingale, no grid, no averaging.

This makes Wizard EA one of the safest and most predictable systems in Shurgin’s product line — excellent for long-term, low-drawdown trading.

Key Features & Benefits

• Dynamic Pending Orders: Trades are opened with calculated distances for controlled exposure.
• No Martingale or Averaging: Every position stands on its own — no dangerous compounding.
• Fixed SL & TP: Ensures predictable risk on every trade.
• Signal Filtering: Multiple signal periods refine entries and avoid noise.
• Spread & Slippage Protection: Avoids unfavourable market conditions.
• Session Timing Controls: Optional time windows for precise trading sessions.
• AutoMM or Fixed Lots: Full flexibility for risk style.

📈 Proof of Results

Wizard EA shows strong performance on 5M and 15M timeframes across GBPUSD, EURUSD, and USDJPY — with:

• • High win rate
• • Smooth equity curve
• • Low drawdown

Input Settings Explained

Wizard EA exposes full configuration control:

• Use_LOGO: Disable for faster testing.
• Use_Time: Enable/disable trade session filters.
• StartTrade / EndTrade: Session times.
• StartTradeMonday / EndTradeFriday: Monday/Friday session limits.
• Signal: Entry signal logic.
• Signal_Period: Period used for signal formation.
• Signal_Factor: Strength/weight applied to signals.
• Signal_Factor_Period: Historical window for evaluating signals.
• PendingOpen: Distance for pending order placement.
• StopLoss / TakeProfit: Fixed risk-reward structure.
• TrailingStart / TrailingStop: Optional trailing logic.
• FixedLot: Manual trading lot.
• Use_AutoMM: Enable %-based risk.
• AutoMM: Percent of deposit used per trade.
• Max_Spread: Protects from bad conditions.
• Slippage: Maximum slippage allowance.
• Magic: Unique ID for position tracking.
• Open_Comment: Adds comments to orders.

⚙️ Installation & Usage Guide

1️⃣ Place the Wizard EA file into MQL4/Experts
2️⃣ Restart MT4
3️⃣ Attach to your chosen currency chart (M5 recommended)
4️⃣ Adjust time settings if needed
5️⃣ Enable AutoTrading

Technical Specifications

Platform: MT4
Pairs: EURUSD, GBPUSD, USDJPY, USDCHF
Timeframes: M5–M15
Strategy Type: Price Action + Pending Orders
Risk Model: Fixed SL/TP — no martingale
Broker Type: Low-spread ECN
VPS: Recommended for stable execution

Trader Reviews ⭐

★ ★ ★ ★ ★ – Daniel S. (Germany)
“Wizard EA places some of the cleanest entries I’ve ever seen in an automated system. No martingale, no averaging — just disciplined execution.”

★ ★ ★ ★ ★ – Mateo R. (Spain)
“Perfect addition to my automated setup. Works flawlessly next to Raider and Crown EA. Very impressed with the precision.”

Conclusion

Wizard EA MT4 is a stable, rule-based Expert Advisor ideal for traders who prioritise safety, fixed stop-loss logic, and clean price-action execution. With no martingale, tight filtration, and strong performance across major pairs, it is an excellent long-term trading solution within the Shurgin product family.