HawaiianTsunamiSurfer: Unpacking Price Explosions with This MetaTrader 5 EA

Hey fellow traders!

Let’s dive into something exciting: the HawaiianTsunamiSurfer EA for MetaTrader 5. It’s packed with insights on how to tackle those wild price movements we all know too well.

Understanding Price Movements

Here are a few key points to keep in mind:

1. Traders typically react in similar ways to sudden price explosions in the market.
2. Price action never follows a straight path; it trends up and down.
3. When we see those sharp price swings, they often lead to strong retracements.

The HawaiianTsunamiSurfer.mq5 EA takes these principles and uses them to pinpoint the price levels that are most likely to pull back when a major wave hits—especially in USD-based pairs. This EA really shines with pairs like AUDUSD, USDJPY, and EURUSD, while it’s a bit less effective with USDCHF and GBPUSD. It relies on the Momentum indicator to make its calls.

Optimized Inputs for Ease of Use

The best part? You don’t need to fiddle with the settings. The inputs are already optimized for you, so they’re ready to go right out of the box. Here’s a peek at those inputs:

// The following inputs are optimized for your convenience!
// This EA is sensitive to inputs; please only adjust if you know what you’re doing.

int stopLoss = 700;  
int takeProfit = 500;  
double tsunamiStrength = 0.24;  
double size = 0.1;

Visual Insights

Check out the image below, which illustrates a tsunami retracement on AUDUSD when the Momentum indicator dips below 99.76:

And here’s a look at the EA's performance on USDJPY from 2009 to 2012:

Recommendations for Use

I recommend running some tests on AUDUSD, USDJPY, and EURUSD. Take note of the results and see what conclusions you can draw.

Remember, this EA is designed for educational purposes, so use it at your own risk.