Waka Waka EA MT4 v4.43 with SetFiles (Platform build 1455+)

What is Waka Waka EA MT4?

Waka Waka EA MT4 is a professional Expert Advisor (EA) for automated trading, engineered for stability and adaptability using real market mechanics. Designed to exploit structural inefficiencies rather than curve-fitted history, it applies disciplined grid logic with robust risk management to deliver consistent performance across changing conditions.

🔶 Vendor website: Click here

About the Author

This product is compiled by Valeriia Mishchenko. This Russia author has more than +4 years of experience working on MQL5 with many famous products such as Waka Waka EA MT4, Waka Waka EA MT5, Perceptrader AI MT5, Golden Pickaxe MT5, Night Hunter Pro MT5 and others. Among them, Waka Waka EA MT4 is his best performing product.

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Key Features of Waka Waka EA for MT4

🔹 One-Chart Portfolio Setup: Trade multiple symbols from a single chart for clean management and reliable automation.
🔹 Market-Inefficiency Logic: Built on real price behavior, avoiding fragile, hit-or-miss grid assumptions.
🔹 Flexible Risk Controls: Multiple lot-sizing methods and drawdown limits help protect capital under volatility.
🔹 News & Holiday Filters: Reduces exposure during adverse periods to enhance execution stability.
🔹 Low Sensitivity to Costs: Designed to perform consistently without tight dependence on spread or slippage.

Why Choose & Use Waka Waka EA MT4?

🔹 Capital Protection First: Integrated drawdown limits and exposure caps prioritize account safety.
🔹 Consistent Long-Term Design: Built for years of live operation, not short-term optimization tricks.
🔹 Hands-Free Automation: Simple setup with internal settings reduces configuration errors.
🔹 Adaptable Risk Profiles: Suitable for conservative to growth-oriented approaches with clear controls.
🔹 Professional Reliability: Proven live usage emphasizes resilience, control, and steady performance.

Waka Waka EA MT4 Review

1. Waka Waka EA Live Trading Results:

Waka Waka EA is a reliable, low-risk and highly profitable automated trading EA. With a proven track record of over 3,000% growth, low drawdown and solid win rates, it is suitable for traders looking for long-term steady growth with controlled risk. Ideal for those interested in automated Forex trading with algorithmic precision.

✅ Total Return: +3,088%
✅ Initial Deposit: $500
✅ Win Rate: 74.2%
✅ Maximum Drawdown: 14.4%

Waka Waka EA Review

Waka Waka EA Review

2. Waka Waka EA Backtest Results:

The Waka Waka EA MT4 have achieved impressive profit performance over many years of trading. The advisor shows amazing ability to master the market and increase profits.

🔶 The Waka Waka EA backtest trading results achieved impressive profit performance for 17 years on the AUDCAD pair.

✅ Initial Deposit: $1,000
✅ Total Net Profit: $9.32 million
✅ Win Rate (% of total): 76.82%
✅ Maximum Drawdown: 34.31%

Waka Waka EA Review

🔶 The Waka Waka EA backtest trading results achieved impressive profit performance for 17 years on the AUDNZD pair.

✅ Initial Deposit: $1,000
✅ Total Net Profit: $98,078.64
✅ Win Rate (% of total): 74.63%
✅ Maximum Drawdown: 49.20%

Waka Waka EA Review

🔶 The Waka Waka EA backtest trading results achieved impressive profit performance for 17 years on the NZDCAD pair.

✅ Initial Deposit: $1,000
✅ Total Net Profit: $3.42 million
✅ Win Rate: 74.57%
✅ Maximum Drawdown: 34.06%

Waka Waka EA Review

What is the Waka Waka EA MT4 Trading Strategy?

🔹 Structured Grid Framework: Builds positions methodically with defined spacing and capped trade counts.
🔹 Volatility-Aware Distance: Automatically adjusts grid steps to current market intensity for balance.
🔹 Momentum & Range Filters: Uses indicators to avoid low-potential entries and improve setup quality.
🔹 Weighted Profit Targeting: Manages exits to stabilize equity growth across grid cycles.
🔹 Stability-Oriented Execution: Focuses on controlled exposure and recovery across market phases.

Recommended settings

Recommended settings and parameters to pay attention to from developers and experts:

➡️ Reviewed by David Easton

Product Download Package?

The download package of the product suite includes:

1. Experts:

✅ Waka Waka EA v4.43_fix_.ex4

2. SetFiles:

✅ URLs.txt
✅ Specification.txt
✅ AUDCAD_AUDNZD_NZDCAD_Round down.set
✅ AUDCAD_AUDNZD_NZDCAD_Round half up.set

➡️ Setting Guide: View here

Conclusion

Waka Waka EA is a powerful and well-established Expert Advisor (EA) designed for consistent, long-term profitability through a proven Grid trading strategy. Specifically optimized for the M15 timeframe and currency pairs like AUDCAD, AUDNZD, and NZDCAD, this EA has demonstrated impressive real and backtest performance, achieving over +3,000% return and up to $9M in net profit.

With built-in risk management features, a customizable trading system using Bollinger Bands and RSI, and a smart news filter, Waka Waka EA offers a highly adaptive and secure trading environment.