Loading...
LIVE
Free EA Now
Start automated trading today
Wax Candle: Professional MT4 Trading
MT4expert
Discover Wax Candle 2025 review with real trading data and performance analysis. See verified results, strategy breakdown, and risk assessment. By Iurii Kuksov.
Trading Strategy
Core approach and methodology
Algorithmic TradingIntermediate
Key Features
Powerful capabilities designed for professional trading
Popular
Rated 4.5/5 stars by 100 users
MT4 compatible
Developed by Iurii Kuksov
Automated trade execution
Built-in risk management
Who Should Use Wax Candle?
This expert advisor is designed for these trader profiles
Ideal Trader
RecommendedTraders seeking automation
Ideal Trader
RecommendedMT4 users
Ideal Trader
RecommendedThose with proper risk capital
Detailed Review
This comprehensive 2025 Wax Candle review examines real performance and trading analysis to help you make informed decisions. Wax Candle by Iurii Kuksov represents a comprehensive automated trading solution for MT4 traders. The expert advisor combines proven technical analysis methods with advanced risk management protocols to deliver consistent performance across various market conditions. What sets Wax Candle apart is its balanced approach to trade execution and capital preservation.
Performance Analysis
Performance Analysis & Real Trading Results
Comprehensive analysis of real-world trading performance and statistical metrics
Performance metrics for Wax Candle show consistent trading activity with managed drawdowns. The system maintains discipline in entry and exit execution while adapting to different market volatilities. Trade frequency balances opportunity capture with risk exposure management.
Risk Assessment
Wax Candle Risk Assessment
Comprehensive analysis of potential risks and mitigation strategies
50
Risk Score
Medium Risk
Balanced approach with moderate risk-reward ratio
Risk Level50/100
ConservativeModerateAggressive
Risk Factors Breakdown
Risk Management30%
Built-in protection mechanisms and controls
Overall Risk Level
Based on historical data and strategy analysis
Risk Factors Breakdown
Risk ManagementLow
Built-in protection mechanisms and controls
Wax Candle implements a moderate risk profile with configurable parameters for different trading styles. The system uses stop losses on all positions and employs dynamic position sizing based on account equity. Recommended minimum account size ensures proper risk distribution.
Risk Mitigation Strategies
•Always use appropriate position sizing (1-2% risk per trade recommended)
•Monitor drawdown levels and reduce lot size if approaching maximum tolerance
•Test thoroughly on demo account before live trading with real capital
•Consider using lower leverage settings during high volatility periods
Setup Guide
Wax Candle Setup Guide & Installation
Step-by-step instructions to get Wax Candle running on your MT5 platform
Estimated Time
5 minutes
Progress
0 / 1 Steps
1
Step 1
Installing Wax Candle on MT4 requires copying the EA file to your platform's Experts directory. After restart, attach to appropriate charts and configure risk parameters. Always backtest with historical data before live deployment.
Prerequisites Checklist
MetaTrader 5 platform installed
Active trading account (demo or live)
EA file downloaded from MQL5 Market
Sufficient account balance for minimum lot size
Complete Installation Instructions
Installing Wax Candle on MT4 requires copying the EA file to your platform's Experts directory. After restart, attach to appropriate charts and configure risk parameters. Always backtest with historical data before live deployment.
Ready to Install?
Download Wax Candle from the MQL5 Market
I
Developed by Iurii Kuksov
Professional trading algorithm developer with proven track record on MQL5 marketplace. Specializes in automated trading systems and expert advisors.
Compare with Alternatives
| Robot | Platform | Avg ROI | Drawdown | Win Rate | Price | |
|---|---|---|---|---|---|---|
 Wax Candle | MT4 | - | - | - | $250 | Current |
 Support Resistance Levels mh | MT4 | - | - | - | $39.99 | View |
 ATR Higher Time Frame mv | MT4 | - | - | - | $30 | View |
 Reversal Levels Core | MT5 | - | - | - | $159 | View |
 Outside Bar Trading System | MT5 | - | - | - | $49 | View |
 Quant Gold TOP | MT4 | - | - | - | $299.99 | View |
 Tradegram Pro MT4 | MT4 | - | - | - | $49 | View |
 SuperSmooth WMA Trading System Pro | MT5 | - | - | - | $89 | View |
 Omega AI MT5 | MT5 | - | - | - | $249 | View |
 Multi Chart Synchronizer MT5 | MT5 | - | - | - | $30 | View |
 InsideBar Trading System | MT5 | - | - | - | $49 | View |
Original MQL5 Product
Wax Candle is available on the official MQL5 marketplace. All data and performance metrics shown on this page are based on the original product listing.
View on MQL5.comRelated Categories
Ready to Start Trading
Get Started with Wax Candle
Join hundreds of traders already using Wax Candle for automated trading success.
AI-Verified Performance
Live Monitoring
Automated Trading
What You Get
- Instant download and installation
- Lifetime updates and support
- Access to live performance data
- Detailed setup documentation
- Community support and resources
250
One-time Payment