Loading live trades...

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.

Wax Candle expert advisor logo for MT4
Price
$250
0 downloads
Verified Performance Data
Active Monitoring

Active Accounts

0

Total Profit

0.0%

Win Rate

0.0%

Running Time

180 days

Trust Score

85/100

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

Recommended

Traders seeking automation

Ideal Trader

Recommended

MT4 users

Ideal Trader

Recommended

Those 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

Medium Risk

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

Download Now
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

RobotPlatformAvg ROIDrawdownWin RatePrice
Wax Candle
Wax Candle
MT4---$250Current
WPR with Dynamic OSB zones mp
WPR with Dynamic OSB zones mp
MT4---$39.98View
ADX Wilder with ALERTS
ADX Wilder with ALERTS
MT5---$49View
VolumePressureinHistogramVPH
VolumePressureinHistogramVPH
MT5---$75View
Murrey Math Volume and Market Profile
Murrey Math Volume and Market Profile
MT4---$68.2View
MartiX
MartiX
MT4---$600View
Bitcoin Ultra Power
Bitcoin Ultra Power
MT5---$999View
Auto RRR Tool
Auto RRR Tool
MT5---$70View
Selfstrategy
Selfstrategy
MT5----View
MTF Trend Dashboard MT5
MTF Trend Dashboard MT5
MT5---$89View
Epic Spikes
Epic Spikes
MT5----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.com
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