Waka Waka V4.43 – With Our Smart Take Profit Preset

Waka Waka EA for MT4: Advanced Grid Trading with Proven Performance

Introduction

Welcome to the Waka Waka EA for MT4, a sophisticated Expert Advisor designed to exploit market inefficiencies and deliver consistent profits. With a live track record of over 4.5 years of stable trading and low drawdown, Waka Waka EA has demonstrated remarkable reliability and effectiveness. This advanced grid system EA is built to capitalize on real market mechanics, making it a robust solution for traders seeking sustained success. Available now on CheaperForex.com, Waka Waka EA offers exceptional performance and risk management.

A Detailed Description of the Product and Strategy

Waka Waka EA is an advanced grid trading system that has been refined through years of real account trading. Unlike traditional EAs that rely heavily on historical data fitting, Waka Waka EA is designed to exploit current market inefficiencies, providing a more dynamic and adaptable trading approach.

How the Strategy Works

1. Advanced Grid System: Waka Waka EA employs a grid trading strategy that places orders at predefined intervals above and below the current market price. This allows the EA to capture profits from market fluctuations, regardless of the direction of the price movement.
2. Market Inefficiencies Exploitation: The EA is specifically designed to take advantage of existing market inefficiencies, rather than fitting strategies to historical data. This ensures that the EA remains effective in real-time market conditions.
3. Fixed Lot Size: All additional orders are opened with a fixed lot size, avoiding the risks associated with Martingale strategies. This method enhances the EA’s ability to manage drawdowns and protect your capital.
4. Smart Trade Filters: Waka Waka EA incorporates advanced trade filters such as Bollinger Bands and RSI to ensure that trades are only entered when there is a high probability of success, reducing the risk of entering low-potential trades.
5. News Filter and Time Detection: The EA includes a news filter to avoid trading during high-impact news events. This feature requires access to the news list website and time server for accurate functionality.

Trading Specifications: Recommended Pair, Timeframe, and Minimum Balance

Supported Pairs: Waka Waka EA is optimized for AUDCAD, AUDNZD, and NZDCAD.

Timeframe: The recommended timeframe for this EA is M15, providing a balance between trade frequency and accuracy.

Minimum Balance:

• With 1:30 leverage, a minimum balance of $6000 is advised for low-risk settings.
• With 1:100 leverage, the EA can operate with significant risk settings on a $1000 account.

Our Thoughts About It

At CheaperForex.com, we are thoroughly impressed with Waka Waka EA’s robust performance and adaptability. Here’s why we believe this EA is a valuable addition to any trader’s arsenal:

1. Proven Live Performance: With over 4.5 years of stable trading and low drawdown, Waka Waka EA has demonstrated its reliability and effectiveness in real-market conditions.
2. Advanced Grid System: The EA’s grid trading strategy is designed to exploit market inefficiencies, ensuring consistent profitability over time.
3. Comprehensive Risk Management: By using fixed lot sizes and smart trade filters, the EA effectively manages risk and protects your investment.
4. Ease of Use: The EA is easy to set up and requires minimal intervention, making it suitable for traders of all experience levels.

Reviews

Junibifon (2024.02.13): “Reliable and profitable EA.”

Barrault (2023.06.03): “Very good EA, fantastic service.”

Gao Yang (2023.06.02): “I have used this EA for quite a while, this EA can profit with a proper stop loss setting.”

Krassi2305 (2023.03.07): “I have been using 3 EA’s in live operation from the provider for almost a year and can only say that I am convinced. All EA’s have made money so far. Thanks.”

Conclusion

The Waka Waka EA for MT4 is more than just an automated trading tool; it’s a comprehensive trading solution designed to help traders achieve consistent success in the forex market. By combining an advanced grid system with smart trade filters and robust risk management features, this EA offers a reliable and profitable trading experience.

Available now on CheaperForex.com, the Waka Waka EA is your gateway to mastering grid trading with precision and confidence. Don’t miss the opportunity to elevate your trading strategy with this exceptional Expert Advisor.

Live Performance: The live signal shows impressive and careful growth when used with our smart take profit preset. There has been 11,583% growth with only a 28% drawdown. It currently manages over $34,000 in equity.

Important Note: Forex trading involves risk. Always practice proper risk management techniques and understand market dynamics before investing any funds.