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Waka Waka EA

4.83

EA has a live track record with many years of stable trading with low drawdown:

Live performance

MT5 version can be found here

After dozens of people have asked me for a discount I've finally given up

One time only Black Friday promo! Selling 20 copies at $499

Next price --> $699

It will only last probably for a few days

Waka Waka is the advanced grid system which already works on real accounts for years. Instead of fitting the system to reflect historical data (like most people do) it was designed to exploit existing market inefficiencies. Therefore it is not a simple "hit and miss" system which only survives by using grid. Instead it uses real market mechanics to its advantage to make profit

Supported currency pairs: AUDCAD, AUDNZD, NZDCAD

Recommended timeframe: M15

Features:

  • One Chart Setup: you only need one chart to trade all symbols
  • Multiple currency pairs support
  • Solid backtest and live performance
  • No need to adjust GMT
  • Very easy to use: just read 3 lines of instructions below
  • Much cheaper than available high-quality alternatives

How to install

  • The EA must be attached to ONLY one M15 chart, AUDCAD is recommended
  • If your broker uses a suffix (e.g. AUDCAD.a) you should update names in the Symbol parameter
  • Use recommended pairs only. You don't need .set files, all settings are stored internally in the EA

Requirements

  • The EA is NOT sensitive to spread and slippage. But I advise using a good ECN broker
  • The EA should run on a VPS continuously
  • With only 1:30 leverage I advise not to use higher than low risk settings on a less than $6000 account, otherwise you might have problems with free margin. With 1:100 leverage it should be fine with up to significant risk setting on a $1000 account

MM & Risk settings

  • Allow Opening a new Grid - on/off opening of new grids. It does not affect the already open grids
  • Lot-sizing Method - select the lot sizing method according to the risk you want to take: Fixed Lots will use fixed lot size from the "Fixed lot" parameter, Dynamic Lots will use 'Dynamic Lot' parameter, Deposit load will calculate lots based on deposit load%, and 4 predefined presets will calculate risk automatically for you
  • Fixed Lot - fixed trading lot for the initial trade.
  • Dynamic Lot (Balance/Equity based) - balance/equity to be used per 0.01 lot
  • Deposit Load % - % of the deposit that will be totally used to open the initial trade
  • Maximum Lot - max allowed trading lot
  • Maximum Spread, in pips - maximal allowed spread
  • Maximum Slippage for a non-ECN acc, in pips - max allowed slippage
  • Maximum Symbols at a time - max allowed number of symbols that can be opened at the same time
  • Allow Hedging - allow opening multi-directional trades on the same symbol
  • Allow Trading on Holidays - on/off Christmas/New Year trading filter
  • Allow to Buy/Sell - on/off Buy/Sell trades
  • Maximum Drawdown Percent - if current floating drawdown exceeds the specified % the EA will close open positions

Strategy

  • Symbols - symbols separated by comma (custom if empty)
  • Bollinger Bands Period - period of BB used to calculate the upper/lower levels
  • RSI Period - period of RSI used to filtering out trades with small potential.
  • Maximum RSI Value - value for the RSI filter
  • TakeProfit for Initial Trade, in pips - take profit for the initial trade (if no grid trades opened)
  • TakeProfit for Grid, in pips (weighted if zero) - take-profit for the grid. If zero, then TP is weighted, i.e. it is equal to TP of the initial order in money (not in pips!)
  • StopLoss for Grid, in pips (1000 pips if zero) - stop-loss for the initial/grid trades
  • Hide StopLoss - on/off stop-loss hiding

Grid settings

  • Trade Distance - min. step in pips between grid(averaging) trades
  • Smart Distance - auto- adjusts the trade distance depending on market volatility
  • 2nd Trade Multiplier - multiplier for the 2nd trade
  • 3rd-5th Trade Multiplier - multiplier for the 3rd-5th trades
  • 6th- Trade Multiplier - multiplier for the 6th-.... trades
  • Maximum Trades - max number of grid(averaging) trades

Others

  • Trade Comment - comment for orders
  • UID (0...9) - unique EA instance number. Usually no need to change it
  • ShowPanel - on/off Info-panel
Reviews 21
Jamal M A A Hamdan
527
Jamal M A A Hamdan 2021.10.13 17:12 
 

the back test showing good result i will use it on Live account now and i will update this review

Aceman123
1244
Aceman123 2021.10.13 15:53 
 

Grid system on some "exotic" pairs. Works really well, tiny but consistent profits. Used at very conservative risk settings, it can grow an account nicely, with long-term stable results. As with all grids, overtrading is not recommended. All in all, very nice EA.

Minho Lyu
378
Minho Lyu 2021.10.13 05:05 
 

good

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Waka Waka EA MT5
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Filter:
BPkent
19
BPkent 2021.11.24 04:01 
 

How can I contact you please?

Valeriia Mishchenko
6163
Reply from developer Valeriia Mishchenko 2021.11.24 13:41
Hi! You can either write me a private message or use a discussion tab right next to "Reviews". I don't see any private messages from you. I wrote you there, so that you can easily find it
Jamal M A A Hamdan
527
Jamal M A A Hamdan 2021.10.13 17:12 
 

the back test showing good result i will use it on Live account now and i will update this review

Aceman123
1244
Aceman123 2021.10.13 15:53 
 

Grid system on some "exotic" pairs. Works really well, tiny but consistent profits. Used at very conservative risk settings, it can grow an account nicely, with long-term stable results. As with all grids, overtrading is not recommended. All in all, very nice EA.

Minho Lyu
378
Minho Lyu 2021.10.13 05:05 
 

good

NewAgeDrip
437
NewAgeDrip 2021.10.07 21:28 
 

Plz dont stop the music! and plz add me to telegram! @tzofitlevi

Valeriia Mishchenko
6163
Reply from developer Valeriia Mishchenko 2021.10.07 21:38
Sure, I added you there. But, please, use reviews for reviews, it is better to use a discussion tab for questions and requests to me
黃士嘉
205
黃士嘉 2021.09.30 13:06 
 

最高風險 DD已達33%

Valeriia Mishchenko
6163
Reply from developer Valeriia Mishchenko 2021.10.06 21:33
Please, do not use high risks unless you are ready for them
Nadine Struve
336
Nadine Struve 2021.09.29 18:34 
 

Another great EA by Valeriia! It makes stable profits from the start. I would buy it again.

Chang Po Chung
420
Chang Po Chung 2021.09.25 12:31 
 

I have used this EA the first day, the result is bravo! Now I applied WAKA on my major account! This is really a good EA! thanks Valeria Mischenko!

Susan Anne Thompson
426
Susan Anne Thompson 2021.09.24 17:57 
 

Sometimes, you need to acknowledge and highlight something and someone special. Valeriia has provided and continues to support some of the best products on MQL. I'm a daily user of Night Hunter and Waka Waka - and without inviting too much feedback, I have to say these are two of the best EAs I use in my portfolio. Both have more than paid for themselves - even with modest risk levels, many times over. In terms of communication and commitment, Valeriia is second to none. Professional, educated, knowledgeable, caring and committed. There are very very few sellers who deserve such appreciation. I sleep well, I earn well... thank you

Kob Asi
353
Kob Asi 2021.09.24 15:50 
 

Running in live account. The EA is always actively trading with winning trades. In short, Awesome EA Awesome author.

Sergei Deviatov
417
Sergei Deviatov 2021.09.23 21:02 
 

User didn't leave any comment to the rating

simonxue
105
simonxue 2021.09.23 03:01 
 

Another product I bought from Valery. Profitable in real account and she provides excellent support.

Nelson Cuthill
73
Nelson Cuthill 2021.09.22 23:03 
 

Another excellent EA from this developer. I've tested for about a month on a live account and it performs very well to obtain steady profits. It is a grid EA with martingale, but most positions close without much use of the grid to keep drawdown under control. By default, additional grid levels are taken based on current market conditions, rather that fixed pip intervals, to reduce the chance of a large grid being opened rapidly at volatile times. Of course, any such system has a risk of entering drawdown if the market goes against it, but the developer doesn't pretend otherwise. Instead, they are upfront about the risks inherent in such a system and users can decide their own level of risk they want to take - I am using low risk myself. The developer also is quick to respond to queries and provides excellent support. Highly recommended!

sergioisaev
71
sergioisaev 2021.09.22 16:20 
 

My second EA with this developer. Tested it thoroughly before purchase. And also I saw live results since 2018. Profitable live history is very important for any grid. Most grids cannot show you it. So far everything works as expected: frequent trading with small drawdown. EA is frequently updated with new options. Developer is very nice and always quick to answer. I have the EA at several brokers. Some trades are different but almost same result. Solid 5*.

alena.afanasyeva
26
alena.afanasyeva 2021.09.20 16:34 
 

I use this EA more then a month already. Consistent profit on my account with little drawdown. Valeria always helpful and helped me with settings. Also she gave me useful hints I can use in my own trading. I cannot ask for anything better

Chen Yan Ming
599
Chen Yan Ming 2021.09.14 06:00 
 

run a week demo, nice trades, over 10 trades, profit 10 trades. The author give outstanding support. great EA tool

Abdelmaseh Adel Azez Abdelmaseh
286
Abdelmaseh Adel Azez Abdelmaseh 2021.09.07 12:33 
 

Stable, All your products is very good, and your Support too

Moises Montes Rivera
333
Moises Montes Rivera 2021.08.27 04:19 
 

I acquired the EA a couple of weeks ago and it seems to me a great job that Valeri does. It uses guaranteed and complex strategies that few operators and robots in the market dare to use, so it is also innovative. Simple installation and with automation applicable manually to set the desired parameters. He keeps working tirelessly 24 hours a day, 5 days a week. In general, it is a very profitable strategy with a quite acceptable Drawdow. I can also add that I have been using Night Hunter Pro for a couple of months with incredible results, I can only say that I am a happy buyer making money.

Sound of dawn sqd
151
Sound of dawn sqd 2021.08.25 06:58 
 

我购买过东北路EA,它与东北路相似,但是是不同风格的,有设置止损的订单,相比于东北路它的性价比也很高,值得购买使用。更多后续我会在微信siya17888公布,我购买了很多EA,需要根据它长期的表现再定义。 目前它的表现很好,如果能够增加一个净值控制功能,净值止损功能或许能够更好的把控风险,另外作何的豹子我正在观察,准备这几天买入。

Hui Wang
1099
Hui Wang 2021.08.24 07:01 
 

I have waka EA for the first time, can't wait, these days it is running well and starting to profit, thanks!

Carmen
97
Carmen 2021.08.22 13:40 
 

I feel that this EA is very good,This is a great product

Reply to review
Version 2.12 2021.10.21
Major Update

Added new parameters and features by request of customers:

- 'TF for OPO method' - timeframe for the 'Use OPO method to handle TP' feature: the EA will close trades using open prices only on the TF of your choosing;
- 'Break Even after this Level' - break even feature after the specified Grid level is reached;
- 'TakeProfit for Grid' - now it allows any value including zero and negative. The weighted TP can be set with a separate 'Weighted TakeProfit' option;
- 'Do not adjust TP unless new grid level opened' - if true, the EA will adjust TP of open positions only when a new grid level is opened. The user can manually set their own TP, which will stay current until the EA opens a new grid level;
- 'Fixed Initial Deposit (Tester only)' - lot size will be calculated based on the initial deposit, new profits will not be taken into account;
- 'HourToStartTrading' - hour to start trading;
- 'HourToStopTrading' - hour to stop trading;
- 'Keep Original Profit Level & Lot Size' - when skipping grid level, the EA will keep profit target from the original (standard) strategy. It helps boost performance. The EA still needs 'marker orders'. A feature that allows skipping levels without such orders will be added later.

Improved performance;

Minor bugs fixed.
Version 1.95 2021.09.24
- Added a new button to the information panel: "New grids (NOT) allowed". It allows you to prohibit opening new grids. The button does not affect already open grids. Green button means that EA works as usual, red button means that opening new grids is prohibited. Button duplicates the 'Allow Opening a new Grid' parameter, but in a more visualized manner. This feature was added by a customer's request

- Added "Auto Split" option allowing the EA to trade with any lot size/volume without limits. Most brokers have a limit of 100 lots per order, so if the option is enabled, the EA will automatically split a large trading volume (e.g. 10000 lots) into multiple smaller orders (not more than 100 lots per the child order). It is intended to be used in tester to allow testing the EA on all the available history

- Added new parameter: "Use OPO method to handle TP". If enabled, the EA will use a virtual TP handled only when a new bar opens. It will sometimes allow the EA to catch more profit from a trade. This feature was added by a customer's request, but I won't use it on my accounts

- Added new feature: "Smart TakeProfit". If enabled, the TP will be based on the current volatility, with the first 2 trades having different TP levels. It increases EA results in tester due to more trades being opened. However, default version of the EA (the one working from 2018) won't use it. This feature was added by a customer's request
Version 1.89 2021.09.10

Optional update

- Added new feature 'Manual Trading Buttons'. It allows you to manually open an initial trade: the EA will pick up the manually opened trade and manage it as usual. The buttons are affected by the following parameters: Symbols, Maximum Spread, Maximum Symbols at a time.

- Added new parameters:

Minimum Free Margin % - if Free Margin% falls below the specified value, the EA will not place new pending orders and will cancel already placed ones.
Hide TakeProfit - allows you to hide take profit.

Grid Level to Start - allows you to skip a certain number of grid levels, trading will start from the specified level. To calculate entries correctly, the EA opens "marker" orders at skipped levels with a minimum lot size.

- Several small improvements that do not affect performance.
Version 1.71 2021.08.25
Bug fix release
Version 1.67 2021.08.23
Recommended update

- Added new feature 'Max Floating Drawdown in Money'. If the floating drawdown in money exceeds the specified value, the EA will perform actions specified in the 'Max Drawdown Action' parameter.
- Added new parameter 'Max Drawdown Action' which allows specifying actions to be taken after the max. drawdown is reached (in money or %):

'Close trades & stop trading for 24h' - the EA will close all open trades/grids and will not open new ones for 24 hours;
'Close trades & stop trading until restart' - the EA will close all open trades/grids and will not open new ones until the EA/MT restarts;
'Prohibit opening new trades' - new grids will be prohibited as long as the floating drawdown is above a specified value;
'Prohibit opening new trades until restart' - new grids will be prohibited until the EA/MT restarts.

- Added new parameter 'Max Drawdown Calculation' allowing specify how the maximum drawdown is calculated:

'The account' - takes into account all positions opened on the account, including trades opened manually or by other EAs;
'This strategy' - takes into account only positions opened by this EA.