The low-entry EA was expelled from the party because it wasn't a member, so I decided to target only the best pullbacks using 波動論.

Since low-entry EAs get kicked out of the party unless they're in good company, I've decided to target only the best pullbacks using wave theory

1. Concept

This EA is built around the FX market's fundamental principle,Dow Theoryas its core, and tightly combinesFractalandFibonacci Retracementinto a strict **“Wave Analysis”**that is automated as an Expert Advisor. It elevates the quality of entries to the extreme,low drawdownandsmall-loss-big-profits** in operation.

Purity of Logic Proven by a Single-Position Principle

Many EAs circulating in the market adoptmulti-position strategies(averaging down, martingale, etc.). These EAs try to profit by managing as many as 10 or 50 positions at once, but beneath that lie substantial risks.

Many multi-position EAs are designed with the premise of extremely high win rates or “don’t lose,”and. They also require enormous margin to maintain many positions.(Of course, that isn't inherently bad. If you can arrange the margin and manage risk, they can be a strong ally.)

1. Proof of Logical Advantage: With a single position, there is no room for misrepresentation via position management. Therefore, astrict filter based on wave theoryis required to provide true superiority. This EA, solely with the power of this pure logic, has achieved stable long-term performance.

2. Low Risk, Low Cost: Because it is a single position,risk is clear, and compared with multi-position EAs, therequired margin is drastically lower.

3. Stress-Free Operation: The number of entries is small, so it isn’t a “fun to watch” type of trading, but without being swayed by market noise, you cankeep waiting for the best opportunities.

What this EA aims for is the exact stress-free asset management of **“it would have grown if left alone.”** Through the pure edge of wave analysis logic, your assets will grow safely and steadily.

However, because there are relatively few trades, it isn’t exciting to watch (lol).

Recommended as one component of your portfolio.

2. Recommended Settings and Operating Environment

3. Main Logic and Edge of the EA

This EA trades only the“high-quality waves”that pass through the following three main filters.

3.1 Wave Origin Tracking and Anchor Confirmation

Strict application of Dow Theory

• Based on highs and lows formed by Fractal, precisely record the trend’s origin (anchor). This prevents entries in ambiguous range markets.

3.2 Wave Efficiency Filter (Momentum Check for Propelling Waves)

Rigorous elimination of low-quality waves

• When a trend-propelling wave forms,check whether a specified number of bars is reached.

• Long-formed waves are judged to be weak,and the EA will enter only into momentumful, efficient waves,to increase the likelihood of quick take profits after trades.

3.3 Fibonacci Healthiness Filter

Selecting the best pullbacks/retracements

• Whether the depth of a pullback (or retracement) falls within ahealthy Fibonacci retracement range (configurable via parameters) is strictly evaluated.

• Too shallow(risk of false signals) ortoo deep(risk of trend reversal) retracements are excluded, and entries occur only at the most reliable reversal pointswhere the trend strength remains intact.

3.4 Long-Term Trend (D1) and Volatility (ATR) Composite Filter

Market Environment Optimization

• Daily Trend Filter: Entries are made on shorter timeframes, but thedirection of the daily trend (D1)is strictly verified to avoid trades against the larger market flow.

• ATR Volatility Filter: Checks whether the current market momentum (ATR) exceeds the minimum required level,to prevent unnecessary entries in quiet, low-volatility markets.

4. Risk Management and Trading Philosophy 🛡️

This EA is designed withcapital preservation as the top priority, and is based on a highly soundrisk management philosophycrucial for long-term operation.

4.1 Safe Design by Not Using Averaging Down (Nempin) or Martingale

This EA’s logic contains noaveraging downmartingaletype money-management techniques that raise the risk of ruin.

• Always operating a single position underconsistent rulesachieveshighly reproducible, safe operation.

4.2 Small Losses, Large Profits Philosophy and “Losses as Prelude to the Next Big Gain”

This EA accepts that a 100% win rate is impossible and adopts a professional philosophy of **“small losses, large profits.”**

• Tightening Stop-Loss:ATR-based rigorous SLis set at entry to prevent unexpected losses from expanding.

• Maximizing Profit: Because we ride only the carefully selected“best waves”, take profits to the maximum up to the Fibonacci extension’s theoretical values.

• Proof of Expectation: Backtests show theaverage profit exceeds average loss by about 1.72x, proving the small-loss, large-profit structure. Treat losses as the “cost for the next big gain,”aiming for long-term upward asset growth.

5. Backtest Results (Performance Proof) 📈

Backtest results over a long period (about 11 years) on USDJPY H1 confirm this EA’s stable performance.

6. Chart Status Display (Capability Check)

The status panel displayed on the top-left of the chart shows which filters the EA has passed and the readiness of entries in real time.

⚠️ 7. Basic Cautions for FX/EA Trading

When operating this EA, please observe the following.必ずPlease ensure the points below are followed.

1. Past performance does not guarantee future results: Backtest results are based on historical data and do not guarantee future profits.。。

2. Strict money management: FX trading is high risk/high return, and leverage can cause losses exceeding the principal.Define the maximum acceptable loss clearly and enforce risk management.

3. EA is not万能: EA is a program and cannot respond to sudden market changes (e.g., news, crises). Consider pausing the EA during major economic announcements..

4. Server environment: For stable trading, running on a VPS (virtual private server) with uninterrupted network connectivity is strongly recommended.

Please understand this EA’srigorous philosophy and its track record of low drawdown, andutilize it for long-term asset management.