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Waka Waka EA - Strategy
Waka Waka EA - Strategy

Once you load Waka Waka EA on your chart, pop-up box will appear showing the settings of your EA. Make sure that all the settings and alerts are correct before clicking OK.

Waka Waka EA money management & risk settings:

  • Symbols - symbols separated by comma (custom if empty)

  • Bollinger Bands Period - period of BB used to calculate the upper/lower levels

  • RSI Period - period of RSI used to filtering out trades with small potential

  • Maximum RSI Value - value for the RSI filter

  • TakeProfit for Initial Trade, in pips - take profit for the initial trade (if no grid trades opened)

  • TakeProfit for Grid, in pips (weighted if zero) - take-profit for the grid. If zero, then TP is weighted, i.e. it is equal to TP of the initial order in money (not in pips!)

  • StopLoss for Grid, in pips (1000 pips if zero) - stop-loss for the initial/grid trades

  • Hide StopLoss - on/off stop-loss hiding

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Waka Waka EA: Description & Features
Waka Waka EA: MyFxBook & MQL5 Live Signal
Waka Waka EA: Back-testing
Waka Waka EA: How to install
Waka Waka EA: Grid trading systems risks
Waka Waka EA: Parameters
Waka Waka EA: Risk management
Waka Waka EA: MM & Risk settings
Waka Waka EA: Grid settings