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What is Waka Waka EA?

Waka Waka is a sophisticated Forex Expert Advisor that has been actively trading on real accounts since 2018, showcasing an outstanding account growth of over 6700% and achieving 61 consecutive months of profitability as of March 2023. Publicly verified performance records spanning more than 4.5 years can be found on Valeriia Mishchenko's MyFxBook or MQL5 market profiles, highlighting its reliability. Unlike traditional Expert Advisors, which often rely on fitting historical data, Waka Waka is designed to capitalize on current market inefficiencies, ensuring it is not merely a random system dependent on grid strategies. By leveraging market dynamics effectively, it consistently generates profits.

Key features of Waka Waka EA include compatibility with currency pairs such as AUDCAD, NZDCAD, and AUDNZD, a recommended trading time frame of M15, and a design that is not affected by slippage or spreads. Users benefit from a one-chart setup that enables trading across all supported symbols without the need for multiple charts, alongside robust live performance and comprehensive backtesting results. Furthermore, there is no requirement to adjust for GMT, making it user-friendly.

Additional offerings include three distinct risk profile settings, a 14-day free trial period, and a 30-day money-back guarantee, along with an accurate profit calculator and a modern user dashboard for managing licenses. For added convenience, purchasers will receive a customized ForexVPS.net server pre-installed with the EA, available for six months. Overall, Waka Waka presents a unique opportunity for traders to explore its capabilities risk-free for 14 days.

Pricing

Price Starts At:
$1,980
Price Overview:
One-time payment which includes:
- Lifetime access
- 10 MetaTrader 4 or 5 Accounts
- Free updates
- Access to the Telegram community
- Direct support from the developer
- Easy to follow "How to install" videos
- Strategy & risk management guide
- Remote desktop configuration
Free Trial Offered?:
Yes

Screenshots and Video

Company Facts

Company Name:
ValeryTrading
Date Founded:
2021
Company Location:
United States
Company Website:
www.valerytrading.com
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Product Details

Deployment
Windows
Mac
Linux
Training Options
Documentation Hub
Online Training
Video Library
Support
Standard Support
Web-Based Support

Product Details

Target Company Sizes
Individual
1-10
11-50
51-200
201-500
501-1000
1001-5000
5001-10000
10001+
Target Organization Types
Mid Size Business
Small Business
Enterprise
Freelance
Nonprofit
Government
Startup
Supported Languages
Chinese (Mandarin)
English
French
German
Japanese
Portuguese
Russian
Spanish

Waka Waka EA Categories and Features

More Waka Waka EA Categories

  • Reviewer Name: Juan Pablo M.
    Position: Senior Python Engineer
    Has used product for: Less than 6 months
    Uses the product: Daily
    Org Size (# of Employees): 500 - 999
    Feature Set
    Layout
    Ease Of Use
    Cost
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Consistency and reasonable risk management

    Date: Mar 24 2023
    Summary

    Fantastic, my maximum drawdown has been 8% with this BOT. During this banking crisis, I decided to turn the bot off to avoid high-volatile moves.

    Positive

    These are a few of the pros that I believe this EA has:

    • Dynamic grid
    • Martingale multipliers at each level
    • Highly custom risk management for capital drawdown.
    • General news filter
    • Adjustable periods for the indicator metrics.
    • Fantastic developer and community support.

    Negative

    The only element that I would appreciate it to be more customizable is the news filter.

    Read More...
  • Reviewer Name: Daniel P.
    Position: Trader
    Has used product for: Less than 6 months
    Uses the product: Daily
    Org Size (# of Employees): 1 - 25
    Feature Set
    Layout
    Ease Of Use
    Cost
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Great EA

    Date: May 23 2023
    Summary

    I would recommend this to someone looking for an EA.

    Positive

    I am really happy with this EA and the support received.

    Negative

    It sometimes takes some time to hear back from Valery but often there is someone who in the community who steps and and helps out.

    Read More...
  • Reviewer Name: Mark G.
    Position: Paramedic/Forex trader
    Has used product for: Less than 6 months
    Uses the product: Daily
    Org Size (# of Employees): 1,000 - 4,999
    Feature Set
    Layout
    Ease Of Use
    Cost
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Invest with the best

    Date: Mar 22 2023
    Summary

    So far my experience has been very good, there are lots of options available to trade your own style. You can divide your investment between brokers as I have. Tune the settings to your own risk settings, or just play the long conservative low risk game like me. An active telegram group is there for great ideas and research on Brokers/VPS.
    I've only been going a short time, but so far so good steady constant profits suits me and trading style.
    Well worth the investment.

    Positive

    *Free demo/trial on this product allowed me to do thorough backtesting.
    *Lots of support from Valery and her team through the very active Telegram group and email. My initial setup mistake was straightened out Valery herself.
    Proven track records, this a high end quality product which can be used to trade larger accounts with safety when setup properly with low risk settings.
    I have just increased from a 6k to a 31K real account, then another 25k next month as I build my confidence / psychology.
    I am looking to build a 100K+ account towards retirement in 1.5 years.
    This is a professional Bot built by a professional Coder/Trader Valery M.
    No more scrolling through 28 forex pairs everyday deciding does this fit my criteria, (well its close so I might take it = loser).

    Negative

    This is not a cheap Bot, but would you trust a larger Acc. on a $200 bot with a couple of months track record?? No Way!!
    I wish I found this group before wasting time and money on others.
    This is not a get rich quick scheme, rewards come in this game by playing the long game in a smart way.
    You need money to invest.
    A VPS is a monthly expense as well.

    Read More...
  • Reviewer Name: A Verified Reviewer
    Position: Software engineer
    Has used product for: 1-2 Years
    Uses the product: Daily
    Org Size (# of Employees): 1 - 25
    Feature Set
    Layout
    Ease Of Use
    Cost
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Stable and low-risk EA on the forex market

    Date: Apr 12 2023
    Summary

    It's a solid and stable grid EA, I highly recommend it for everyone who is active on the forex market and is looking for a reliable (with still some risks included) advisor.

    Positive

    Very easy to purchase, setup your license and install. Great documentation, explanation of all the settings is available. Private community and direct communication with the developer.

    Negative

    It's still a martingale system, and there might be losses and drawdowns. Despite of best efforts of the author to ensure short open trade period, sometimes grid is open for days and DD is high.

    Results are still heavily dependant on the broker (even server inside the same broker) and general luck - in the very rare case, during the major market movements, you might open a trade while other users will not (and that might lead to longer and more significant drawdown), and also you might not close the grid while the others will.

    Nowadays price is quite high, so ROI for the relatively small deposit ($1-2-3k) is more than a year.

    Read More...
  • Reviewer Name: Simon Z.
    Position: Economist
    Has used product for: 1-2 Years
    Uses the product: Daily
    Org Size (# of Employees): 500 - 999
    Feature Set
    Layout
    Ease Of Use
    Cost
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Slow and steady win the race!

    Date: Apr 05 2023
    Summary

    Very positive. I say it is the best EA I own. I know 2k sounds a lot now (i paid a fraction in 2021) but you can easily make it back.

    Positive

    Daily profit is almost guaranteed if you let the bot runs on a server.

    No blow up in history with the right risk and leverage.

    High dd only occurs on rare occasions, learn to look away.

    Negative

    Many parameters but they don’t necessarily beat the default.

    To be safe, only use medium risk and below if you have low leverage.

    Experiment in tester to find out which parameter can increase profitability without increasing max dd.

    Read More...
  • Reviewer Name: Arjun A.
    Position: Doctor
    Has used product for: 1-2 Years
    Uses the product: Daily
    Org Size (# of Employees): 1 - 25
    Feature Set
    Layout
    Ease Of Use
    Cost
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Consistent, stable, long live records

    Date: Mar 22 2023
    Summary

    Overall amazing experience with Valeria EAs and her team, support, private groups, team members, EA performance and much more.

    Positive

    I'm using from nearly 1 year, almost doubled my entire life savings, highly supportive author and her team.

    Negative

    They should take strict actions on crackers also other kind of scammers.

    Read More...
  • Reviewer Name: Charles P.
    Position: IT Manager
    Has used product for: 6-12 Months
    Uses the product: Daily
    Org Size (# of Employees): 1 - 25
    Feature Set
    Layout
    Ease Of Use
    Cost
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Professional and great support

    Date: Mar 15 2023
    Summary

    Since the first time I used Waka Waka, I only had good results. Very easy to setup, set files are provided are good enough, and i only had to set the risk level. Great support from Valery. Very important because if market changes, we need to know and adjust the settings, and Valery is always up to date.

    Positive

    Great parameters.
    Easy to set risk levels.
    Awesome support.
    Community to discuss ideas.
    Multi currency pairs.

    Negative

    Use of ECN accounts for better results (avoid too many grids).

    Read More...
  • Reviewer Name: Jack W.
    Position: IT Support Engineer
    Has used product for: 2+ Years
    Uses the product: Daily
    Org Size (# of Employees): 10,000 - 19,999
    Feature Set
    Layout
    Ease Of Use
    Cost
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Best MetaTrader 4/5 EA on the market

    Date: Mar 16 2023
    Summary

    This is the gold standard, money making machine. You set your risk appetite and let the EA do its work.

    Positive

    I was fortunate enough to buy this EA upon its release as I already owned the night hunter pro which was producing fantastic results. The Waka Waka is now the EA i can rely on most. I have had constant monthly profits with minimal drawdown. It's been an absolute godsend to be honest. It is well worth the outlay.

    Negative

    The only con is that the system is grid based, so if something extraordinary was to happen, the account could hypothetically blow. But backtests show for the last 15 years, even on the highest of risk settings the maximum drawdown is around 30%, I personally now use a mid-risk setting with much more capital and don't get above 10% drawdown.

    Read More...
  • Reviewer Name: A Verified Reviewer
    Position: Bank Manager
    Has used product for: 1-2 Years
    Uses the product: Daily
    Org Size (# of Employees): 26 - 99
    Feature Set
    Layout
    Ease Of Use
    Cost
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Great System

    Date: Mar 16 2023
    Summary

    Great experience after two years working with this EA. Of course, you can have bad moments when you drawdown is high but also you can reduce your risk.

    And about the owner, one of the best persons that I have talked. She is always very helpful and offer support to the community.

    Positive

    You can choose the risk profile that you want. It is important to set up the risk that you can assume.

    Negative

    Some filter to avoid open new pairs with drawdown.

    Read More...
  • Reviewer Name: A Verified Reviewer
    Position: Energy Sector
    Has used product for: 6-12 Months
    Uses the product: Daily
    Org Size (# of Employees): 1 - 25
    Feature Set
    Layout
    Ease Of Use
    Cost
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Waka Waka EA review

    Date: May 26 2023
    Summary

    • It's not that great considering the price.

    Positive

    • It is well made in all fairness.
    • News filter works well.
    • Looks pretty awesome and essentially just drop it on a chart and off you go.

    Negative

    • I used Waka Waka a fair while ago
    • This EA uses a pretty aggressive form of grid / martingale.

    Read More...
  • Reviewer Name: A Verified Reviewer
    Position: Full time daddy
    Has used product for: 6-12 Months
    Uses the product: Daily
    Org Size (# of Employees): 1 - 25
    Feature Set
    Layout
    Ease Of Use
    Cost
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Best EA Ever!!!! Safe and Sound!!!!

    Date: Mar 16 2023
    Summary

    If you need a safe way and make a profit for long term with your money. This is the best EA you can get, no doubt that. 10/10

    Positive

    Highly recommended for everyone who need passive income, you can choose your own risk and profit, manage your money with EA function, you can control everything in EA to make it suitable with you.

    Negative

    For someone who want to be rich with in a month or a week, this is not what you looking for.

    Read More...
  • Reviewer Name: Pascal B.
    Position: Founder
    Has used product for: 6-12 Months
    Uses the product: Daily
    Org Size (# of Employees): 1 - 25
    Feature Set
    Layout
    Ease Of Use
    Cost
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Profitable EA

    Date: Apr 14 2023
    Summary

    Great countertrend EA which focused on 3 currency pairs. The telegram channel dedicated to this EA is also a great tool for the users, especially at the beginning.

    Positive

    This EA Make consistent profit months after months. It is amongst the best robots amongst my portfolio.

    Negative

    Grid system, so money and risk management are key to a successful use.

    Read More...
  • Reviewer Name: Grant C.
    Position: Management
    Has used product for: 1-2 Years
    Uses the product: Daily
    Org Size (# of Employees): 100 - 499
    Feature Set
    Layout
    Ease Of Use
    Cost
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    My most reliable and trustworthy EA

    Date: Apr 09 2023
    Summary

    I am extremely satisfied with the way that Waka Waka has traded for me over the last 12+ months that I have been using it.

    Positive

    Track record of 59 months of profitable trading.
    The Waka Waka EA is very easy to set up.
    The default setting will produce good steady returns.
    You can choose the risk settings that you are comfortable with based on the backtests that are available when purchasing.
    Support from Valeria and the Telegram group is great.
    A great tool for producing passive income.
    Saves you time because you don't have to spend hours analyzing charts. The EA enters, manages and closes trades for you.

    Negative

    No cons for me but as with any grid, martingale strategy your first consideration should be risk not potential profits. Choose an appropriate / safe level of risk that targets realistic annual returns.

    Read More...
  • Reviewer Name: Lisa F.
    Position: Youtuber
    Has used product for: Less than 6 months
    Uses the product: Daily
    Org Size (# of Employees): 1 - 25
    Feature Set
    Layout
    Ease Of Use
    Cost
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Easy to Use

    Date: Mar 22 2023
    Summary

    Very easy to use for beginner forex robot traders. There's detailed videos, and instruction manual. The user dashboard is easy to use, and the FREE VPS is a fantastic bonus! I love how Valery offers different set files based on your risk profile, and the the profit calculator is great at setting expectations.

    Positive

    Easy to setup.
    Great support.
    Valery is very friendly and helpful.
    Free VPS.
    Set files provided for different risk profiles.

    Negative

    It is a bit pricey, but after considering all you get, it is well worth it.

    Read More...
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