FirstBlade EA
by Syed Atif Bin Syed Abu Bakar · MT5
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Summary
"First Wave Trading is a low-cost MT5 expert advisor by Bhupendra Singh Chawdal priced at $30, but its rating is N/A and no verified stats are available. For traders who want a budget entry point and will test on demo accounts, it can be a starting option. Alternatives such as PZ Stop And Reverse ($149) and Market Anomalies ($99) offer higher-priced, more established offerings with 5-star ratings listed, though none have verified live statistics here. Always account for broker rules, spreads, slippage, and drawdown risk, and use demo testing. FxRobotEasy independently reviews all products."
Retail forex traders compare First Wave Trading against alternatives to balance cost, transparency, and platform compatibility. First Wave Trading is an MT5 expert advisor by Bhupendra Singh Chawdal, priced at $30. Its public rating is listed as N/A/5 and no verified performance stats are available. That lack of verified data is a big reason traders look at alternatives with visible reputations or higher prices. When evaluating any EA, consider broker rules, required margin, spreads, slippage, and inherent drawdown risk. FxRobotEasy independently reviews all products and encourages demo-testing and cautious position sizing before live deployment.
| Metric | First Wave TradingMain Product | Trendopedia Ai Our bot | FirstBlade EA | First Scalper MT5 | Fish gird uni | Firma Gold |
|---|---|---|---|---|---|---|
| Rating | N/A | N/A | N/A | 0.0 | N/A | N/A |
| Price | $30 | $149 | $599 | $200 | $500 | $399 |
| ROI | N/A | +291.1% | N/A | N/A | N/A | N/A |
| Max Drawdown | N/A | 22.0% | N/A | N/A | N/A | N/A |
| Win Rate | N/A | 56.4% | N/A | N/A | N/A | N/A |
| Profit Factor | N/A | 1.48 | N/A | N/A | N/A | N/A |
| Total Trades | N/A | 429 | N/A | N/A | N/A | N/A |
| Downloads | 0 | N/A | 0 | 0 | 0 | 0 |
| Links |
ROI, drawdown, win rate, profit factor and trade counts for MQL5 listings are FxRobotEasy modelled Strategy Tester aggregates — simulated, not live or broker-verified. Rating, price and downloads come from the MQL5 Market listing. The FxRobotEasy column is different in kind: those rows are one published trading account, read live from app.fxroboteasy.com at page build, not a modelled run. It is not like-for-like with the columns beside it, and the per-row winner marker compares a live account against simulations. Its rating and downloads are not tracked here.
First Wave Trading is an MT5 expert advisor authored by Bhupendra Singh Chawdal and sold for $30. Strengths include an accessible price point and the convenience of an MT5-ready EA that can be deployed quickly on demo accounts. Its low cost makes it attractive for traders who want to experiment without a large upfront commitment. Weaknesses are material: the listed rating is N/A/5 and no verified stats are available to validate live or backtested performance. That absence increases uncertainty about risk management, average drawdowns, and real-world slippage. Platform realities matter: the EA will be affected by broker rules, spreads, execution quality, and possible requotes, all of which influence live results. This product may suit beginners and budget-conscious traders who plan extensive demo testing, but it is not recommended for investors who need proven, audited performance. FxRobotEasy independently reviews all products and advises careful evaluation and risk controls.
by Syed Atif Bin Syed Abu Bakar · MT5
by Kyra Nickaline Watson-gordon · MT5
by Zdeno Brontvay · MT5
by Lane M · MT5
First Wave Trading is an inexpensive MT5 expert advisor at $30 that may suit beginners or traders who want a low-cost experimenter tool, but its rating is N/A/5 and no verified stats are available, which raises uncertainty. Alternatives listed offer 5-star listings and a range of prices and approaches, yet none have verified performance here either. Choose based on your strategy, risk tolerance, and the realities of your broker: spreads, execution, margin, and potential drawdowns. FxRobotEasy independently reviews all products and also lists verified FxRobotEasy bots as alternatives; always demo-test and use strict risk management.
First Wave Trading's $30 price makes it a low-cost way to experiment, but its public rating is N/A/5 and no verified statistics are available. If you are comfortable demo-testing and using strict risk controls, it can be an entry-point experiment. Avoid assuming live profitability: validate performance on demo accounts, check how it behaves under your broker's spreads and execution, and never deploy large capital without thorough testing.
There is no single 'best' alternative—choices depend on goals. PZ Stop And Reverse ($149) is a higher-priced, vendor-recognized EA for stop-and-reverse strategies. Market Anomalies ($99) and Ultimate Extractor ($100) offer mid-range options. Several tools have 5-star listings but no verified stats here. Evaluate each by demo testing, fit with your strategy, and sensitivity to broker spreads and drawdown tolerance before deciding.
Start with detailed demo testing across multiple currency pairs and timeframes while logging trades. Verify behavior under realistic spreads, slippage, and broker execution conditions. Review drawdown patterns and worst-case streaks. Confirm developer transparency, support channels, and update history. Because many products lack verified live statistics, independent review sites like FxRobotEasy can help, but always rely on your own testing and conservative position sizing before moving to a funded account.
While evaluating First Wave Trading and its alternatives, consider Trendopedia Ai, developed by FxRobotEasy. Its review page covers the strategy, settings and the published trading accounts. The figures below come from one published account, read live from app.fxroboteasy.com; the date they were computed is shown with them, and they are absent when that account has no closed trades to report.
+291.1%
Total Return
22.0%
Max Drawdown
56%
Win Rate
429
Total Trades