Waka Waka EA MT4 v4.43 (Platform build 1441+)

What is Waka Waka EA?

Waka Waka EA is an advanced Grid system that has been working on real accounts for many years. Expert advisor (EA) are designed to exploit existing market inefficiencies, using real market mechanics to make profits. Trade professionally on the M15 time frame and achieve high efficiency on currency pairs AUDCAD, AUDNZD, NZDCAD.

➡️ Vendor website: Click here

About the Author

This product is compiled by Valeriia Mishchenko. This Russia author has more than +3 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.

➡️ Join Our Channel Telegram

Key Features of Waka Waka EA

🔹Grid Trading System: Uses a Grid strategy to take advantage of market inefficiencies.
🔹Risk Management Tools: Includes multiple methods for determining lot size, max lot, max spread, max slippage, and max drawdown.
🔹Flexibility: Allows customization of trading parameters such as Bollinger Bands, RSI cycles, Take profit, Stop loss, and Grid settings.

🔹Single Chart Setup: Just one chart for all supported currency pairs.
🔹Ease of Use: Simple setup with clear instructions.
🔹News Filter: Incorporate a news filter to optimize trading decisions.
🔹Time Detection: Automatically adjusts to different time zones.

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:

🔹Comprehensive backtest report of Waka Waka EA on AUDCAD currency pair using M15 (15 minutes) timeframe, tested from January 2006 to October 2022. This backtest provides reliable insights into the long-term performance of the EA under real market conditions.

✅ Initial Deposit: $1,000
✅ Total Net Profit: $9,325,575.95
✅ Win Rate: 76.82%
✅ Maximum Drawdown: 34.31%

Waka Waka EA Review

🔹Backtesting of Waka Waka EA on AUDNZD currency pair using 15-minute timeframe (M15). The test lasted from December 2006 to October 2022, using Every Tick model with 99.90% model quality, making it highly reliable in evaluating the strategy.

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

Waka Waka EA Review

🔹Waka Waka EA backtesting on the NZDCAD currency pair lasted from January 2006 to October 2022, using the Every Tick model, with a 99.90% model quality, ensuring highly reliable results.

✅ Initial Deposit: $1,000
✅ Total Net Profit: $3,426,047.63
✅ Win Rate: 74.57%
✅ Maximum Drawdown: 34.06%

Waka Waka EA Review

What is the trading strategy?

🔹Grid-based: Open multiple orders at pre-determined prices.
🔹Exploiting market inefficiencies: Designed to profit from market inefficiencies rather than relying solely on historical data.
🔹Indicator-based: Uses Bollinger Bands and RSI to filter trades.
🔹Risk management: Provides multiple lot sizing methods and protects against drawdowns.
🔹Proven performance: Back-tested results that directly demonstrate profitability.
🔹Efficiency: Easy-to-follow chart setup and instructions save time and effort.
🔹Market durability: Not overly sensitive to spreads and slippage.
🔹Flexible: Parameters can be customized to suit different risk tolerances and trading styles.

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:

✅ URLs.txt
✅ Specification.txt
✅ Experts: Waka Waka EA v4.43_fix_.ex4

==>> Setting Guide

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. Its flexibility, ease of use, and single-chart setup make it ideal for both beginner and advanced traders seeking reliable automation.