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Introducing Waka Waka, an advanced grid system designed to maximize your Forex trading potential. Unlike conventional systems that rely solely on historical data, Waka Waka leverages market inefficiencies to secure profits. This expert advisor supports AUDCAD, AUDNZD, and NZDCAD pairs on the M15 timeframe, promising a solid performance that has been proven in both backtests and live trading.
Key Features
Waka Waka simplifies your trading journey with a one-chart setup that works across multiple currency pairs. It is cost-effective, eliminating the need for complex .set files as all settings are stored within the EA itself. You won’t need to adjust for GMT, making it hassle-free for traders. This EA is remarkably robust, thriving even in varying spread and slippage conditions. For optimal results, consider using a reliable ECN broker and a VPS for uninterrupted trading. With flexible lot-sizing methods and risk settings, Waka Waka accommodates traders of all risk appetites and account sizes.
Money Management & Risk Settings
With Waka Waka, you can fine-tune your risk management strategy. It offers the flexibility to allow or disallow new grid openings, and you can choose from fixed lots, dynamic lots based on balance/equity, deposit load percentage, or predefined risk presets. You also have control over maximum lot sizes, spread, slippage, and the number of open symbols. Waka Waka even allows hedging and trading on holidays while implementing drawdown safeguards to protect your investments.
Effective Strategy
Waka Waka employs a powerful strategy that utilizes Bollinger Bands and RSI to filter trades with the most potential. You can customize the Bollinger Bands period, RSI period, and RSI value to match your trading preferences. Take profit and stop-loss settings give you further control over your trades, ensuring that you lock in profits while limiting losses. You can even hide stop-loss levels if desired, allowing for a more discreet trading approach.
Grid Settings
The grid settings in Waka Waka are highly adaptable, with options for trade distance, smart distance adjustment based on market volatility, and multipliers for various grid trades. You can specify the maximum number of grid trades and set a trade comment to keep track of your positions. The UID feature provides a unique identification number for each EA instance.
Conclusion
Waka Waka EA stands out as a reliable and efficient solution for Forex traders seeking consistent profits. Its innovative approach, accommodating money management settings, and effective trading strategy make it a valuable addition to your trading toolkit. Whether you’re a novice or an experienced trader, Waka Waka offers simplicity and performance in one package, helping you achieve your financial goals in the dynamic Forex market. Invest in Waka Waka today and experience a smarter way to trade.
Brand
EA MT4
Refund
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Install
The installation of this Expert Advisor is BASIC INSTALL SKILLS ( NODLL ).
This is the easiest type of installation for Expert Advisors.
This Expert Advisor is a .zip file and as it does not include msimg32.dll. You don’t need to deactivate your antivirus or anything like that; simply purchase and download.
Copy the EA folder content from your product to the EA folder of your MT4 installation.
Once all the files copied, open your Meta Trader 4 or refresh Expert Advisors, thats it.
Responsability
Tradingview.video disclaims any responsibility for gains or losses resulting from the use of the strategies provided. We cannot guarantee the profitability of these strategies as multiple factors, including fees, settings, and risk management, significantly impact outcomes. Our primary responsibility lies in presenting comprehensive descriptions containing all available information, empowering you to make informed decisions independently.
Not all expert advisors come with presets. It is recommended to craft your own, finely calibrated to improve performance and minimize risks. Employ reliable historical data tools like Tickstory and Backtester Kicker to analyze various setting combinations.
Dedicate time to acquire the knowledge requisite for joining the 5% of successful traders in the forex market.
A crucial reminder: Always conduct thorough backtesting before deploying any strategy with a live trading account.
Kindly refrain from requesting recommendations for an EA; base your purchase decisions on the available information.
admin (store manager) –
Great EA, recommended