SecureWave EA MT4 – Free Download

Introduction

The SecureWave EA is a fully automated expert advisor designed to trade the Forex market efficiently. This tool claims to analyze market trends and price movements, delivering high success rates on trades. In this article, we will provide an in-depth review of the SecureWave EA, covering its features, functionalities, advantages, disadvantages, and overall utility in the Forex trading environment. This review is not a recommendation to use the tool but an impartial assessment of its capabilities.

Technical Specifications

Version: 1.34
Year of issue: 2025
Working pairs: EURUSD
Recommended timeframe: H1
Minimum Deposit: $100
Average of account: 1:30 To 1:1000

Best Brokers List

SecureWave EA System works with any broker and any type of account, but we recommend our clients use one of the top forex brokers listed below:

BROKER NAME	REGISTER	Year Founded	Headquartered	Leverage	Minimum Deposit	Regulating
	Register	2007	🇦🇺 Australia 🇨🇾 Cyprus 🇧🇸 The Bahamas 🇸🇿 Seychelles	1:1000	$200	ASIC, SCB, FSA
	Register	2008	🇨🇾 Cyprus	1:Unlimited	$10	CySEC, FCA, FSCA, FSA, BVI
	Register	2009	🇧🇿 Belize	1:2000	$10	FSC
	Register	2009	🇧🇿 Belize	1:3000	$1	IFCS
	Register	2009	🇨🇾 Cyprus 🇦🇺 Australia 🇧🇿 Belize 🇦🇪 Emirates	1:1000	$5	ASIC, CySEC , IFSC
	Register	2010	🇦🇺 Australia	1:500	$200	FCA , ASIC, DFSA
	Register	2011	🇬🇧 England	1:500	$25	CySEC
	Register	2006	🇪🇭 Ireland	1:400	$100	CBI, CSEC, PFSA, ASIC, BVIFSC, FFAJ, SAFSCA,ADGM, ISA

SecureWave EA Settings

Key Features of SecureWave EA

Automation and Market Analysis

The SecureWave EA is entirely automated, requiring minimal user intervention. It analyzes market trends and price movements to execute trades strategically. The tool includes:

• Real or virtual StopLoss for risk management.
• Advanced filtering mechanisms.
• Protection against spread and slippage issues.

Customizability

The EA offers a range of settings that allow traders to adapt it to their preferences. Users can adjust:

• Risk settings (fixed or percentage-based lot sizes).
• Predictor settings to refine trend analysis.
• Break-even and trailing stop parameters.

Compatibility

SecureWave EA supports both MT4 and MT5 platforms. It has passed rigorous backtesting with:

• 99.90% real ticks in MT4.
• 100% real ticks in MT5 with variable spreads and simulated execution delays.

Safe Trading Practices

The EA avoids dangerous strategies like Martingale, Grid, or Arbitrage, ensuring sustainable and safer trading outcomes.

Backtesting Results Comparison

The backtesting results for the SecureWave EA using EURUSD H1 highlight its performance under different configurations:

Auto Lot Size (10% Risk)

• Total Net Profit: $9099.18
• Profit Factor: 2.78
• Expected Payoff: $24.1
• Drawdown: 23.89%
• Trades: 266

This configuration showcases higher profitability but comes with a relatively higher drawdown. It is suitable for risk-tolerant traders.

Fixed Lot Size (1 Lot)

• Total Net Profit: $5084.36
• Profit Factor: 3.13
• Expected Payoff: $19.1
• Drawdown: 10.14%
• Trades: 266

The fixed lot size configuration provides more conservative results with lower drawdown, making it ideal for risk-averse traders.

How to Use SecureWave EA

Setup and Installation

1. Drag and drop the EA onto the desired chart.
2. Customize the settings to match your trading goals.
   • Use the default settings for EURUSD H1 for optimal performance.
   • Ensure each chart has a unique Magic Number if trading multiple pairs.
3. Confirm and let the EA trade autonomously.

Advantages of SecureWave EA

Robust Risk Management

Every trade includes a StopLoss (real or virtual), protecting capital from excessive losses. The EA’s ability to avoid risky strategies enhances its safety.

Customizability

Users can fine-tune settings such as risk levels, stop-loss strategies, and trend prediction parameters to align with their trading style.

Verified Backtesting

The EA has undergone rigorous testing under real market conditions, ensuring reliable performance metrics.

Platform Compatibility

Support for both MT4 and MT5 broadens its usability for traders on different platforms.

Ease of Use

With its automated trading capabilities, even novice traders can benefit from the EA’s functionalities.

Disadvantages of SecureWave EA

Dependency on Broker Conditions

The EA’s performance heavily depends on low spreads and minimal slippage, necessitating a high-quality ECN broker and VPS service.

Limited Pair Recommendations

Although not restricted to any trading pair, the EA is optimized for EURUSD H1, which may limit its effectiveness on other pairs.

Potential Drawdowns

As seen in the backtesting results, higher-risk settings can lead to significant drawdowns, which might be unsuitable for conservative traders.

Initial Learning Curve

While the EA is automated, understanding its extensive settings can be overwhelming for beginners.

Conclusion

The SecureWave EA offers a well-rounded solution for Forex traders looking for an automated trading tool with robust risk management and customizability. It performs best with EURUSD H1 under optimal broker conditions and a stable VPS setup. While it avoids risky strategies like Martingale or Grid, its dependency on low spreads and occasional high drawdowns in aggressive settings must be considered.

Final Thoughts: SecureWave EA is a reliable trading tool for disciplined traders who adapt its settings to their risk tolerance. However, traders should conduct thorough backtesting and use it cautiously, keeping an eye on market conditions and broker requirements.