Waka Waka EA MT5

Consistent returns for the past year and a bit (total gains at 265%). I am using much more aggressive custom settings, so my Sharpe ratio is below 1, which indicates a high level of risk, but profit factor is over 2. A risk I am willing to take while I grow this small investment. Support or responsiveness to queries can be lacklustre, but I think this is perhaps because of the recent political events.

не рекомендую. При просадке более 70 процентов, автор добавила 30 процентов капитала на свой счет с самым низким уровнем риска. В ином случае, сегодня ночью счет автора был бы обнулен. А что говорить о счетах пользователей у которых риск был выше?

Warning: It use grid + martingale logic. You're basically risking 100% of your account to win 0.1% on each trade. It keeps adding position to losing positions and doubling the lot size, in the expectation of a reversal.

Many customers already loss their accounts and it happens recently (march 2024) for some customers.

Historical drawdown of 50% has been reached recently on the developer account.

The max drawdown protection mechanism, once triggered will, indeed avoid your total account loss, but generate loss that would take multiple years to recover.

Don't be misleaded by official signal performance. Do not expect the same return as it involves taking suicidal level of risk that the developer herself does not take anymore.

If you dare to trade this EA only use the minimum risk settings (you have the choice between 4 pre-defined levels of risk) and only invest money you can afford to lose because it is not a safe EA even with low risk.

The best and safe EA! Good profit without risk, using 6m+. Лучший и безопасный Торговый Эксперт! Хороший профит без риска, использую более 6 мес.

Waka Waka is a martingale grid system and like any other martingale grid system it can blow up the account, if the trend goes against you long enough, which has happened again in the last few days for some users, as market conditions have changed.

This is the best EA I've ever purchased. I bought it back in August 2022, set it to low-risk lot size, and since then it's been consistently turning profits for me.

I have tried several EAs, but none remotely compares to this. After much consideration and backtesting, I chipped in and bought it. And oh boy, I am so happy I did. This EA can be a life changer if you use it correctly. It definitely has for me since I no longer have to worry about the ups and downs in the stock market and the volatility that comes with most investments. Here I have a stable and steady income. I use it on a trading account with a low spread, where it works great. It is a grid-based EA, but since it is made cleverly and has many security measures built into it, I don't consider it riskier than other EAs. I want to thank Valeriia for making such a magnificent product.

hello, Can you add me to the telegram group? thank you

Valeriia, I also sent you private message. I just purchased this EA. Could you add me to your channel?

2023-04-09, I will backtest this EA for 1-2 weeks. I bought here because everyone say Valeriia replies very fast.

2023-05-02, I've been backtesting and demoing the EA for nearly a month. There are numerous issues that must be solved; fortunately, Valeriia is really helpful. She generally got back to me within 24 hours. I can also find some answers in her PDF guide. 

The Demo account is performing well. I'll return to report on what happened to my real account. If not, it must be too good already set and then forgotten.😄

***USE THIS EA ONLY WITH LOW RISK SETTINGS***

This is the #1 EA what I have in my collection. It never end up a day with loss till now. I highly recommend this EA. Thank you Valeriia for your support and work.

======== Update =============

I am running waka waka in multiple trading account in different settings (Real account with 2K balance)

account with High risk was washed out (AUDCAD from 2023-06-12 to 2023-06-23)

account with Significant risk was washed out (AUDCAD from 2023-06-12 to 2023-06-28)

account with Low risk was still running with 52% DD

Como hay que hacer para cambiar el lotaje? con el cambio en la configuracion del asesor.. No funciona..

29 July 2023: Fantastic grid EA with a very customisable setup. Manage your multipler, grid distance & lot size per balance and everything can run set and forget for a few years. Market is constantly changing, not to forget end of May ordeal for NZDCAD, where many users lost money due to extreme trend.

Positive feedback!

Another price increase! Is the success of an EA measured by how frequent it plunges your account into deep drawdown and by how many accounts it blows up? If it is then I guess the increase in the price of the Waka Waka EA is justified. UPDATE 29 March 2024: I cannot in good conscience recommend Waka Waka EA to anyone. For all of the updates it is a simple and inflexible grid martingale system. The touted Machine Learning achieves nothing towards making this EA safer and has not prevented the EA opening trades at ridiculous levels that result in deep drawdowns and blown accounts. Once again almost a year after the last drawdown disaster Waka Waka is in deep drawdown and has destroyed many traders accounts. However, the drawdown is not the only terrible thing about this EA. To give my accounts some measure of safety I can only run the Waka Waka EA on low risk, 0.25% deposit load. On this risk setting my drawdown is about 20%. I could live with that if the EA generated decent profits but since 2023 the performance of the WakaWaka EA has deteriorated. The annual returns that my low risk settings will generate for the year is a pitiful 8.1%. It is past time to consign WakaWaka to the garbage bin of EAs. If you try to alert unfortunate new purchasers of this disastrous EA you will be banned from the group.

UPDATE May 2023: There are inherent dangers of trading with a grid / martingale strategy that many new traders may not know or understand. The greatest danger is that there will be a strong market trend without a significant enough pullback to close out the basket of trades. This has happened with the NZDCAD down trend. While I personally did not suffer any loss during this time many other trades have suffered significant losses or lost their entire accounts. Even moderate / medium risk accounts are in a 72% drawdown and may not survive. There may be ways to make Waka safer to trade but every customer needs to understand the risk that this strategy involves.

Unfortunately now, Billy, the Admin person in the Telegram group, has begun to threaten to remove people from the group, some of them have paid $2,000 to be there, if they say anything negative about about the Waka Waka EA.

Хороший стабильный советник

I have followed the author's signals for a long time and have used them in real accounts for some time. Currently, WAKA is performing well. WAKA is an EA with high transaction frequency. Although WAKA is a Martin strategy, it is relatively safe in AUDNZD, AUDCAD and NZDCAD, because they rarely have a big trend. WAKA has built-in risk management. You can select the corresponding initial lot according to your own risk preference. Other settings can be default. You don't need complex settings at all, so it is convenient to use. WAKA recommends to use the ENC account with low spreads, which can achieve better results. The developers were also very friendly and could reply to our questions as soon as possible. It is recommended to buy WAKA. Finally, I would like to remind you to control risks.

good ea 👍

Excellent results in backtest and real account, you need to keep risk low since it´s a grid system and it could have big DD if you set more than 1% Deposit Load. so far i´ve been making nice profits with it. Good Job Valery, keep working and improving your EAs.

good EA

Waka Waka is really one of the best EA in MQL5 market in terms of my using for 3 month. Although Waka Waka use Martingale and grid strategy, but if you set EA parameters under Author's instruction, the EA will still run under very low risk. Author Valeriia gave me a lot of help, she instructed how to set EA with safest and best parameters. This EA is very honest, not like other EA in MQL5, full of fraud as we know. Very appreciate for Valeriia's work and hope she can continue to give us valuable help.