Waka Waka EA
2 800 USD
Demo downloaded:
12 899
Published:
19 August 2021
Current version:
4.56
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After the update, do you need to change the Settings? Default?
No, just leave the defaults (apart from the risk - I don't recommend setting above significant risk (80% annually), at least at first)
Hello
Excuse me, does the 20% stop loss mean that the three pairs reach a total of 20% stop loss? Or does each pair reach 20%?
Hello
Excuse me, does the 20% stop loss mean that the three pairs reach a total of 20% stop loss? Or does each pair reach 20%?
That's the overall floating drawdown, with the latest update you can either include here the floating drawdown from all the orders on the account, or only from the EA. You can see the details on "What's new" tab. Also please, make sure to test this parameter before using it
Hello Valeriia,
can you please share the mathematical formula to calculate the effective magic ID for this EA? Maybe it's an idea to publish this information in future if you offer new products?
To know the EA's magic no. is important in case there are positions open from other EAs, as one can avoid using accidentally the same magic ID.
Thank you in advance!
Hello Valeriia,
can you please share the mathematical formula to calculate the effective magic ID for this EA? Maybe it's an idea to publish this information in future if you offer new products?
To know the EA's magic no. is important in case there are positions open from other EAs, as one can avoid using accidentally the same magic ID.
Thank you in advance!
Hi! Magic number consists of several parts, in general it looks like this: [1-buy,2-sell][84570][XXX -level], where XXX is the number of grid level
Please let me join @lemures0611, thanks.
Sure, added you there
Hi, How are u ?
What is the Best,
Use AUDCAD Only On High risk,
or
Use AUDCAD,AUDNZD,NZDCAD On Mid Risk?
Also what is the Risk u used for ur own live account?
You are the best, Your EA on backtest long time is stable, I will buy all your products
Thank you! I am glad to hear that :-)
Hi, How are u ?
What is the Best,
Use AUDCAD Only On High risk,
or
Use AUDCAD,AUDNZD,NZDCAD On Mid Risk?
Also what is the Risk u used for ur own live account?
I think that mid risk with 3 pairs should be a more balanced solution. Right now I have significant risk preset on my account (80% annually)
Today purchased. Does any best setting available? Or discuss group available? @yokamit
Hi! I cannot add you there due to your privacy settings. If you add me in your contact list I should be able to add you: @mishenko_v
I am still learn
Add to contact list. Thank you for the great EA tool.
I am still learn
I see, you are there
Hello Valeriia, i have purchased this EA, would you please add me into the telegram chat group? Thank you! @tylerforex
Hi! Sure, added you there
Hi Valeriia, i have purchased, please add me, thank you! @ekeyren
Hi! Sure, added you there
Assuming 500:1 leverage, USD account and EURUSD pair (to simplify calculation), this is how the risk management of the Waka EA works with the default presets:
The default stoploss of 1000 pips is never reached, the EA will run into margin call after 245 pips with high risk preset, 294 pips with medium risk preset and 423 pips with low risk preset. The actual values can vary slightly because the grid distances are not constant.
The above table assumes that only one grid is active at the time, i.e. only one pair is traded. The default settings allow 2 pairs to be traded at the same time, so the actual balance load can be higher.
Please update this info if anything is inaccurate.