Waka Waka EA Reviews

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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).

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.