Smart Trading with Waka Waka EA

Introduction to Waka Waka EA

Discover the advanced grid trading system, Waka Waka EA, boasting a stable 4.5-year trading history with minimal drawdown. Unlike conventional systems relying on historical data, this innovative approach leverages real market mechanisms to exploit market inefficiencies.

Supported Currency Pairs

Embrace Diverse Trading Opportunities

Waka Waka EA fully supports currency pairs AUDCAD, AUDNZD, and NZDCAD, providing a versatile trading experience.

Benefits and Features

1. Easy Setup with a Single Chart

Initiate trades effortlessly with Waka Waka EA. Adding the EA to an M15 chart enables trading across all symbols, simplifying your trading journey.

2. Support for Multiple Currency Pairs

Experience multiple trading scenarios with support for various currency pairs, adding diversity to your trading strategies.

3. Robust Backtesting and Live Performance

Waka Waka EA offers powerful backtesting capabilities, allowing you to assess live trade performance. Stable settings and low drawdown ensure consistent profits.

4. User-Friendly Operation

Execute the EA with three simple commands, making it user-friendly even for beginners entering the world of automated trading.

5. Cost-Effective Solution

Recognized as a more economical choice compared to high-quality grid systems, Waka Waka EA provides a budget-friendly yet effective solution for market transactions.

Installation and Requirements

To install the EA, simply attach it to an M15 chart and apply the relevant settings. It is recommended to use the AUDCAD currency pair. Also, ensure that the EA has access to the news feed website and server time.

Requirements

– The EA is not sensitive to spread and slippage.
– Using an ECN broker is recommended.
– The EA must run continuously on a VPS.
– If using a 1:30 leverage, it is advised not to select risks higher than the low-risk settings for accounts less than $6000.
– With a 1:100 leverage, risk settings for a $1000 account will not pose any issues.

MM and Risk Settings

Allow Opening a New Grid: Decide whether new grids should be opened or not.
Lot-sizing Method: Choose the lot-sizing method – Fixed Lot for a fixed lot size or Dynamic Lot based on balance/account.
Deposit Load %: Specify the percentage of the deposit to be used for the initial trade.
Maximum Lot: Set the maximum allowed lot size.
Maximum Spread: Define the maximum permissible spread.
Maximum Slippage: Specify the maximum allowable slippage.
Maximum Symbols at a Time: Determine the maximum number of symbols allowed simultaneously.
Allow Hedging: Decide whether to enable or disable hedging for multi-directional trades in the same symbol.
Allow Trading on Holidays: Decide whether to activate or deactivate trades during holidays.
Allow to Buy/Sell: Decide whether to enable or disable buying and selling.
Maximum Drawdown Percent: Set the maximum drawdown percentage to close EA trades in case of exceeding the limit.

Grid Settings

Trade Distance: Set the minimum step in pips between grid trades.
Smart Distance: Determine automatic adaptation of trade distance based on market volatility.
2nd Trade Multiplier: Set the multiplier for the second trade.
3rd-5th Trade Multiplier: Set the multiplier for trades third to fifth.
6th- Trade Multiplier: Set the multiplier for trades from the sixth onwards.
Maximum Trades: Specify the maximum number of grid trades allowed.

Other Settings

Trade Comment: Specify comments for orders.
UID (0…9): Assign a unique number for the EA instance.
ShowPanel: Decide whether to display the information panel or not.