Waka Waka EA MT4 v4.29 MT4 Unlimited

Waka Waka EA Features:

1. Single Chart Trading: Simplify your trading experience with just one chart to handle all symbols.
2. Multi-Currency Support: Trade multiple currency pairs effortlessly.
3. Robust Backtesting and Live Performance: Benefit from reliable backtesting results and real-time trading performance.
4. GMT-Free Setup: No need to adjust for GMT time zones.
5. User-Friendly: Get started quickly with clear, concise instructions.
6. Cost-Effective: Enjoy a cost advantage over other high-quality alternatives.

Installation Instructions:

1. Attach the EA to a single M15 chart (AUDCAD is recommended).
2. Update symbol names in the Symbol parameter if your broker uses a suffix (e.g., AUDCAD.a).
3. Use recommended currency pairs; no need for .set files as all settings are internally stored.
4. Ensure the EA has access to the news list website and a time server for accurate news filtering and time detection. Refer to the provided guide for setup instructions (from 1:00 to 2:05).

Requirements:

1. The EA is not sensitive to spread and slippage but performs best with a good ECN broker.
2. Continuous operation on a VPS is recommended.
3. For accounts with 1:30 leverage, stick to low-risk settings if your account has less than $6000. With 1:100 leverage, you can use significant risk settings on a $1000 account.

Money Management & Risk Settings:

1. Allow Opening a New Grid: Toggle on/off for opening new grids; it won’t affect already open grids.
2. Lot-sizing Method: Choose a lot sizing method based on your risk preference, including Fixed Lots, Dynamic Lots (Balance/Equity based), Deposit Load (%), and predefined presets.
3. Fixed Lot: Set a fixed trading lot for the initial trade.
4. Dynamic Lot (Balance/Equity based): Determine the balance/equity to be used per 0.01 lot.
5. Deposit Load %: Specify the percentage of the deposit used for the initial trade.
6. Maximum Lot: Set the maximum allowed trading lot.
7. Maximum Spread (in pips): Define the maximum allowable spread.
8. Maximum Slippage for a non-ECN Account (in pips): Specify the maximum allowed slippage for non-ECN accounts.
9. Maximum Symbols at a Time: Limit the maximum number of symbols that can be opened simultaneously.
10. Allow Hedging: Decide whether to allow multi-directional trades on the same symbol.
11. Allow Trading on Holidays: Toggle on/off the Christmas/New Year trading filter.
12. Allow Buy/Sell: Enable or disable Buy/Sell trades.
13. Maximum Drawdown Percent: Set a percentage threshold for the EA to close open positions when the floating drawdown exceeds it.

Strategy Settings:

1. Symbols: Define symbols separated by commas (use custom if empty).
2. Bollinger Bands Period: Set the period for Bollinger Bands used to calculate upper/lower levels.
3. RSI Period: Specify the period for RSI used to filter out trades with small potential.
4. Maximum RSI Value: Define the RSI filter value.
5. Take Profit for Initial Trade (in pips): Set the take profit for the initial trade (applies if no grid trades are opened).
6. Take Profit for Grid (in pips, weighted if zero): Configure the take-profit for the grid. If zero, it’s weighted based on the initial order’s TP in money (not pips).
7. Stop Loss for Grid (in pips, 1000 pips if zero): Set the stop-loss for the initial/grid trades.
8. Hide Stop Loss: Toggle on/off the stop-loss hiding feature.

Grid Settings:

1. Trade Distance (in pips): Specify the minimum step in pips between grid (averaging) trades.
2. Smart Distance: Enable auto-adjustment of trade distance based on market volatility.
3. 2nd Trade Multiplier: Set the multiplier for the 2nd trade.
4. 3rd-5th Trade Multiplier: Determine the multiplier for the 3rd-5th trades.
5. 6th- Trade Multiplier: Configure the multiplier for the 6th and subsequent trades.
6. Maximum Trades: Limit the maximum number of grid (averaging) trades.

Other Settings:

1. Trade Comment: Add a comment for orders.
2. UID (0…9): Adjust the unique EA instance number (usually no need to change it).
3. ShowPanel: Toggle the Info-panel on/off

Waka Waka EA Download

Link download Waka Waka EA v4.29 MT4 (dll) will be send to your email after purchase.

Package content:

Expert Advisor:

Waka Waka EA v4.29.ex4 (dll)

msimg32.dll + terminal 1380

Waka Waka EA v3.55.ex4 (no dll)

WebRequest server list.txt

For Metatrader 4 platform.

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