Average Ratings 0 Ratings
Average Ratings 14 Ratings
Description
The logic is simple, but effective. The EA uses breakouts from the Bollinger Bands to send entry and exit signals. The Bollinger Bands are, in our opinion, the best technical indicator ever made. Thank you Mr. John Bollinger! We've tried many indicators and strategies over the years, but the Bollinger Bands has been the best indicator for scalping market volatility. The stop loss level is between 20 and 60 pip. You have the option of using a fixed TP of 4-8 pips or allowing the exit logic to manage the position. The BB indicator is used to determine the exit logic. It will close the trade even if the price is below or above the opposite BB line. This is done by the "BandBreakExit", parameter. It works best between minus one and plus one-two. Below is the backtest result for our forex robot BF Scalper on the following currency pairs EURUSD and USDCAD, EURCHF and USDJPY: GBPCAD, GBPUSD and USDCHF.
The EA has high spread protection - this is crucial, because if you use limit orders as example you can't control this and you will take some trades with 10 or even 20 pips spread - one such trade will erase the average profit from 10 good trade as the best average expectancy of this type of trading is 2-3 pips in the best case.
Description
Waka Waka is an advanced grid Forex Expert Advisor that has been working on real accounts since 2018. This EA has a record of +6700% account growth and 61 consecutive months of profit as of March 2023.
Verified track records on live accounts for +4.5 years are publicly available on Valeriia Mishchenko's (Waka Waka author) MyFxBook or MQL5 market profiles.
Waka Waka was not designed to fit historical data into the system (like Expert Advisors), but to exploit existing market inefficiencies.
It is not a "hit and miss" system that survives on a grid. It uses market mechanics to its advantage in order to make profits.
Features of Waka Waka EA:
• Supported currency pairs are AUDCAD, NZDCAD, AUDNZD.
• Time frame recommended: M15
• Not sensitive to slippage and spread
• One Chart Setup: To trade all symbols, you only need one chart
• Live performance and solid backtest
• There is no need to adjust GMT
Extras:
• 3 different risk profile settings
• 14-day free trials
• 30-day money-back guarantee
• Accurate profit calculator
• Modern user dashboard to handle licenses
• ForexVPS.net customized server with the EA installed and ready-to-go included for 6 months
Waka Waka can be tried for free for 14 days
API Access
Has API
API Access
Has API
Pricing Details
$97 one-time payment
Free Trial
Free Version
Pricing Details
$1,980
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
FXautomater
Website
www.fxautomater.com/forex-robots/bf-scalper-ea
Vendor Details
Company Name
ValeryTrading
Founded
2021
Country
United States
Website
www.valerytrading.com