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Content: Expert: Waka Waka EA_4.43_fix.ex4 (Unlocked-Unlimited), Preset: Waka.set, UserGuide: Waka_Waka_-_Setup_guide.pdf.
Waka Waka EA: Advanced Grid System for Stable Trading
Live Track Record
Waka Waka boasts 4.5 years of consistent trading with low drawdown. The EA utilizes real market mechanics to exploit inefficiencies rather than relying on historical data or the grid strategy alone.
Supported Pairs
AUDCAD
AUDNZD
NZDCAD
Recommended Timeframe
M15
Key Features
One Chart Setup: Trade all symbols with just one chart.
Multiple Currency Pairs Supported
Solid Performance: Backtested and proven in live trading.
No GMT Adjustments Required
Cost-Effective: Affordable compared to other high-quality options.
Installation Instructions
Attach EA to only one M15 chart (AUDCAD is recommended).
Update the symbol parameter if your broker uses a suffix (e.g., AUDCAD.a).
Access the news list website and time server for proper functionality.
Requirements
Broker: Not sensitive to spread/slippage; use a good ECN broker.
VPS: Continuous operation recommended.
Leverage: Use low-risk settings on accounts under $6000 with 1:30 leverage, and higher risk settings with 1:100 leverage on $1000 accounts.
Risk Management & Settings
Allow Opening New Grid: Toggle the opening of new grids.
Lot Sizing Method: Fixed, Dynamic, or Deposit Load based on your risk preference.
Maximum Lot: Set maximum allowable trading lot size.
Maximum Drawdown Percent: Automatically closes positions if drawdown exceeds set percentage.
Strategy Settings
Symbols: Separate with commas.
Bollinger Bands Period & RSI Settings: Customize to filter trades and set take-profit/stop-loss levels.
Grid Settings: Adjust trade distance and set multipliers for grid trades.
Other Settings
Trade Comment: Optional comment for orders.
UID: Unique EA instance number.
ShowPanel: Toggle info panel on/off.
This EA provides an advanced grid trading system with a focus on real market conditions for stable profits over time.
