Waka Waka EA: The Expert Advisor Breaking Records
The world of forex trading is constantly evolving with new technologies and strategies. In recent years, Expert Advisors (EAs) have emerged as an innovative tool for traders seeking convenience and consistency. One EA in particular stands out for its remarkable performance – the Waka Waka EA.
Waka Waka EA is an expert advisor created by renowned developer Valeriia Mishchenko of ValeryTrading. It runs on the popular MetaTrader 4 and MetaTrader 5 platforms, executing trades automatically based on its built-in algorithm.
This EA has recently broken the record for most consecutive months in profit, with an astounding 58+ profitable months in a row since its release in July 2018. It has accumulated massive account growth of over 6,350% during this period.
So what makes Waka Waka EA so special? Let’s take a closer look at its features, performance results, and user reviews.
Key Features of Waka Waka EA
Waka Waka EA utilizes an advanced grid trading system designed to identify and exploit market inefficiencies. Instead of just curve-fitting historical data, it leverages real-time market mechanics to enter and manage trades profitably.
Some of the key features include:
- Multiple Currency Pairs: Supports trading on AUDCAD, AUDNZD, NZDCAD.
- Timeframe: Optimized for the M15 timeframe but can work on others too.
- Risk Management: Inbuilt settings allow customization of risk from low to high.
- Technical Indicators: Uses RSI and Bollinger Bands to identify trading opportunities.
- Grid System: Creates a grid of buy and sell orders around a price level to profit from market swings.
- No Curve Fitting: Focuses on forward-testing for reliability rather than just backtesting on historical data.
- Hedging: Option to run hedged and non-hedged accounts.
- Regular Updates: Frequently updated by the developer to improve performance.
These features allow Waka Waka EA to trade the markets successfully over long periods of time. The risk management in particular helps limit drawdowns during volatile markets.
Verified Live Results
The true test of any EA is how it performs in live market conditions. Waka Waka EA has over 5 years of verified real account results that can be tracked on MyFXBook.
Here are some key stats:
- Profit: Over 7,300% gain
- Consecutive Winning Months: 64 months and counting
- Drawdown: Under 30%
- Trades: Over 3,000 closed trades
- Running Since: June 2018
These results demonstrate the EA’s ability to consistently generate profits over multiple years across varying market cycles. The low drawdown highlights the effectiveness of its risk management protocols.
Waka Waka EA’s track record gives traders confidence in its performance going forward. The long-term reliability separates it from EAs that only work for short periods.
With hundreds of sales, Waka Waka EA has garnered many positive reviews from users. Here are some excerpts:
“I have been using Waka Waka EA for over a year now. It is by far the best EA I have bought on MQL5 and the best EA I have used in more than 5 years of trading with EAs. Waka Waka has given me consistent growth in my accounts and with an acceptable drawdown.”
“Waka is the best EA on the market. Even the author’s other EAs are not as good as this one. The author is just a smart girl who made such a great product and its price should be much higher than the current one.”
“I have to say same words, awesome and stable EA! Tested it in past one month on 2 brokers with real money, both accounts had more than 10% profit.”
These reviews highlight how users are able to generate steady profits using the EA, with many considering it the best they have ever used. The developer is also praised for their responsiveness in providing support.
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How Waka Waka EA Works
Now that we’ve looked at its features and performance, let’s examine how Waka Waka EA trades:
- It uses the RSI and Bollinger Bands indicators to identify overbought/oversold levels and trend direction.
- Entries are opened when price reaches the upper or lower Bollinger Band.
- A grid of orders is created with a fixed pip distance between them to capitalize on market swings.
- Trades are closed when the price moves in the profitable direction and hits a grid level.
- The grid distance and risk settings can be adjusted to suit the trader’s style.
- Waka Waka analyzes price action on multiple timeframes to determine the market bias.
- It incorporates volatility analysis to gauge ideal trade entry and exit levels.
- No martingale or compounding of losses, protecting capital during drawdowns.
This unique mechanism allows this EA to profit consistently across different market conditions. The grid system works well for trending and ranging markets alike.
Advantages of Using Waka Waka EA
There are several benefits to using Waka Waka EA compared to manual trading or other EAs:
- Proven Profitability: Over 7,300% returns and 64+ consecutive winning months.
- Low Drawdown: Under 30% drawdown allows capital preservation.
- Automated Trading: Fully automated system, no manual intervention needed.
- Time Savings: No time wasted analyzing charts or placing trades manually.
- Customizable: Flexible settings to adjust risk parameters and other variables.
- Diversification: Trades multiple currency pairs which adds portfolio diversification.
- EA Monitoring: Detailed dashboard to monitor EA performance in real-time.
- Support: Active customer support from the developer via email and Telegram.
- No Curve Fitting: Forward-tested for reliability, not just backtested.
For traders looking for long-term gains in forex through automated trading, EA provides a stellar solution. The combination of proven results, customization options, and robust support is hard to match elsewhere.
Check verified results – HERE.
Purchase and Pricing
The pricing options are:
- MQL5 Marketplace: $2,000 one-time fee
- ValeryTrading Website: $1,800 one-time fee (10% discount)
The direct purchase includes some additional benefits:
- Access to member’s area
- Set files for optimal settings
- Entry to Telegram community
- Email support from the developer
Considering most competitors charge monthly subscriptions, Waka Waka EA’s one-time pricing provides exceptional value. The 30-day money-back guarantee also allows traders to test it risk-free.
In summary, Waka Waka EA is a standout expert advisor with a proven track record of generating consistent profits in forex trading.
Its robust features, stellar performance results, and outstanding user reviews give traders confidence in the system. The automated trading ability coupled with solid risk management protocols make it ideal for long-term passive income.
For traders looking to add consistency and stability to their results, EA is definitely worth considering. The 30-day money-back guarantee also makes it risk-free to try out.
With hundreds of satisfied customers and counting, EA demonstrates that expert advisors can deliver strong performance when developed properly. Its reliability even during volatile markets makes it one of the top EAs available today.