Clone of waka waka ea

Objective

I want an Expert Advisor (EA) that functions exactly like the Waka Waka EA, but developed exclusively for me. The EA should replicate the original Waka Waka EA’s logic, execution, and risk management features.

Key Features to Include

1. Grid Trading Strategy

• The EA should use a grid trading system to open multiple trades at predefined price distances.
• Orders should be placed based on market inefficiencies, similar to Waka Waka EA.
• The grid distance can be dynamic based on market conditions.

2. Mean Reversion Trading Approach

• The EA should trade based on mean reversion principles, identifying moments where price is expected to revert to the mean.
• It should avoid extreme market trends and trade in sideways market conditions.

3. Supported Currency Pairs

• The EA should work on pairs such as AUDCAD, AUDNZD, NZDCAD, just like Waka Waka EA.
• The ability to expand to other pairs should be optional.

4. Timeframe & Execution

• The EA should operate on the M15 timeframe, ensuring frequent but controlled trade execution.

5. Risk Management

• Trailing Stop: Orders should trail the price to lock in profits when the market moves favorably.
• Dynamic Take-Profit & Stop-Loss: The EA should dynamically adjust TP and SL based on market conditions.
• Lot Sizing: Adjustable risk percentage based on account balance.
• Max Drawdown Protection: The EA should stop trading when a specified drawdown limit is reached.

6. Additional Trading Filters

• RSI & Bollinger Bands: To identify oversold/overbought conditions before executing trades.
• Spread Control: Avoid trading during high spread conditions.
• News Filter (Optional): Prevent trading during high-impact news events.

Customization & Parameters

• All risk settings should be configurable, including:
  • Grid distance
  • Max number of trades
  • Lot size percentage
  • Take-profit and stop-loss settings
  • Time restrictions for trading
  • Max drawdown before stopping trades

Conclusion

This EA should fully replicate the Waka Waka EA’s trading logic while allowing customization of essential risk and trade management parameters. It should be designed to trade safely and efficiently, aiming for consistent and controlled profits with minimal drawdown.