This article walks through E006 WaveHelm, a E006 WaveHelm trading strategy. It covers the strategy logic, signals and parameter settings, and ships ready-to-use MT4 / MT5 EAs with source download and live position tracking so you can evaluate and deploy it fast.
Magic 1067
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Overview 策略概述
WaveHelm reads a market with two very different lenses at once. The Tide Momentum Line (WaveTrend Oscillator) marks the exact bar the current turns; the Money-Force Line (Elder’s Force Index) confirms whether the crowd’s strength truly leans the same way. A Market-Motion (ATR) gate keeps it out of dead-flat water. It only acts when momentum, force and volatility all agree.
Stop1.5×ATR
Target2.0×SL
Reward:Risk2.0
Max/Day10
TimeframeH1
Signal & Execution 信号判断
Signal Rules
Execution Order
How it works 核心逻辑
1 · Tide Momentum Line (WaveTrend Oscillator)
A smooth momentum wave with a fast line and a slow signal line. When the fast line crosses the slow line, the current is turning. Built on the average price channel, it flags turning points early while filtering choppy noise.
2 · Money-Force Line (Elder’s Force Index, EMA13)
Combines price change and volume into one reading, then smooths it with a 13-period EMA. Above zero means buying pressure leads; below zero means selling pressure leads.
3 · Market Motion gate (ATR)
Only participate when ATR is at or above 0.8× its own 50-bar average — skipping the flat, lifeless stretches where crosses tend to be noise.
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Plan & Parameters 参数设置
JOIN-UP WaveTrend fast crosses above slow, Force Index EMA13 above zero, ATR active.
JOIN-DOWN WaveTrend fast crosses below slow, Force Index EMA13 below zero, ATR active.
| Parameter | Default |
|---|---|
| WaveTrend — Channel Length | 10 |
| WaveTrend — Average Length | 21 |
| WaveTrend — Signal SMA | 4 |
| Elder Force Index EMA | 13 |
| ATR Period | 14 |
| Active filter | 0.8 × ATR 50-avg |
| Stop | 1.5 × ATR |
| Target | 2.0 × SL (RR 2.0) |
| Risk / cap | 1% · Max/day 10 |
Simulated check on default settings (H1): about 2.1 signals per day — within a healthy 1–10/day band.
Indicator sources 技术指标
Original references on TradingView:
WaveTrend Oscillator tradingview.com/script/2KE8wTuF-Indicator-WaveTrend-Oscillator-WT
Elder’s Force Index tradingview.com/support/solutions/43000502259-elder-s-force-index-efi
Risk note: This page is a study-and-sharing resource on market structure — not investment advice and not a promise of any gains. Markets carry real drawdown risk. Backtest 1–2 years of H1 data and forward-test on a demo before any live use. Size small and manage your own risk.
jybj.org · E006 WaveHelm · Study & sharing only · not investment advice
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Source & Download
1. Place the EA file in
MQL5/Experts/ folder2. Add
https://jybj.org to WebRequest whitelist: Tools → Options → Expert Advisors → Allow WebRequest for listed URL3. One invite code = one account (non-transferable)
Ready to use · MT4 / MT5 · Parameters preconfigured 即开即用,参数已预设
Source code & compiled files: GitHub
Full documentation: Online strategy page
Live performance: View this strategy live →
Live Positions 实时持仓
[mt5_position magic=1067]
Related Trading Strategies
Want to compare more automated strategies? These related ones are worth a look:
- RibbonThrust · E005 · Strategy Framework — related strategy — compare parameters and live positions
- E004 · GaleTrigger — related strategy — compare parameters and live positions
- CrestPilot · E003 — related strategy — compare parameters and live positions
E006 WaveHelm Trading Strategy FAQ
Which symbols and timeframe does E006 WaveHelm suit?
E006 WaveHelm adapts to major FX and gold symbols; validate on demo first. Fine-tune for your broker’s spread and leverage, and rely on demo results before going live.
How do I download and run the E006 WaveHelm MT4/MT5 EA?
The Source & Download section provides compiled MT4/MT5 files and source. Drop it into MT5’s Experts folder, restart, and attach it to a chart — parameters are preset.
What are the risks of the E006 WaveHelm trading strategy?
No trading strategy guarantees profit; past and backtested results don’t predict the future. Run it on demo, cap per-trade and total risk, and understand the logic before trading live.
Further Reading
Risk Warning: The results shown are based on simulated or historical trading data. Past performance is not indicative of future results and does not constitute investment advice. Trading involves risk; please proceed with caution.
风险提示：本文所示为模拟/历史交易数据，过往表现不代表未来收益，不构成任何投资建议。