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Waka Waka EA is a grid expert advisor for MetaTrader 4 that trades AUDCAD, AUDNZD and NZDCAD from a single M15 chart. It combines Bollinger Bands and RSI filters with configurable lot sizing and a drawdown limit.
Priced in US dollars, paid in crypto. The download is in your account as soon as the payment is confirmed. All sales are final; if the tool doesn't work as described, we fix it.
Waka Waka EA is a fully automated grid expert advisor for MetaTrader 4. It opens an initial trade when price reaches a Bollinger Bands level and an RSI filter allows it, then adds averaging trades if the market moves against the position. It is built for three related pairs: AUDCAD, AUDNZD and NZDCAD.
The EA uses Bollinger Bands to find upper and lower price levels that act as support and resistance. When price reaches one of these levels, it can open a first trade in the opposite direction, provided the RSI reading does not point to a setup with little room to move. If the market keeps going against that trade, the EA adds further positions at a minimum distance apart and manages them together as a grid.
The supported symbols are AUDCAD, AUDNZD and NZDCAD, and the EA is designed for the M15 timeframe. You attach it to a single M15 chart, with AUDCAD as the usual choice, and it handles the other pairs from there. Using other symbols is not recommended.
All settings are stored inside the EA, so no .set file is needed. The main inputs are grouped as follows. Check the defaults in your own copy before going live.
| Group | Parameter | Purpose |
|---|---|---|
| Risk | Lot-sizing method | Fixed lots, dynamic lots, deposit load or preset risk levels |
| Risk | Maximum lot, spread and slippage | Caps for position size and execution conditions |
| Risk | Maximum drawdown percent | Closes open positions when floating drawdown passes the limit |
| Risk | Allow hedging, buy or sell, holidays | Switches for direction and holiday trading |
| Strategy | Bollinger Bands and RSI periods | Levels and the filter for weak setups |
| Strategy | Take profit and stop loss | Targets and protection for the initial trade and the grid |
| Grid | Trade distance, smart distance, multipliers, maximum trades | Controls how the grid expands |
| Other | Symbols, trade comment, UID, info panel | Symbol names, order labelling and display |
Grid systems can hold several positions in the same direction, so floating losses can grow quickly in a strong trend. Lot size, account size and broker leverage all affect free margin. Start with the lowest risk setting, and check with the seller what balance and leverage suit each setting. An ECN-style broker and a VPS are advisable.
Trading carries risk, and you can lose some or all of your deposit. Past results, including any live or backtest figures you may see elsewhere, do not predict future ones. Test on a demo account first.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 4 (expert advisor) |
| Strategy focus | Grid, Support and resistance |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Available |
| Version | 4.59 |
| Last updated | 29 Oct 2026 |
| Download size | 488 KB |
| Category | Expert advisor, fully automated |
| Trade style | Grid / averaging with support and resistance levels |
| Markets | AUDCAD, AUDNZD, NZDCAD |
| Timeframe | M15, attached to one chart only |
| Recommended chart | AUDCAD M15 |
| Requirements | VPS advised; WebRequest access for news and time server |
| Broker type | ECN-style account with low spreads preferred |
Improved compatibility with the latest versions of the MT terminal.
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Attach it to one M15 chart only. AUDCAD is the usual choice. The EA manages the other supported pairs from that single chart, so you should not open separate charts for each symbol.
Yes, but you need to edit the Symbol parameter so the names match your broker, for example by adding the suffix to each pair. Check the exact names in your Market Watch window first.
No. The settings are stored inside the EA, so it can run with its defaults. You can still change the risk and grid inputs, but review them carefully and test on a demo account first.
The news filter and the time detection read data from the web. In MetaTrader 4 go to Tools, Options, Expert Advisors, tick Allow WebRequest for listed URL and add the addresses the product page tells you to use. Without this, those functions will not work properly.
This listing is for MetaTrader 4. An MT5 edition is a separate product and will not run on MT4, so check your platform before buying.
A VPS is strongly advisable. The EA manages open grids and reads news and time data, so it should run continuously without interruptions from your home computer or internet connection.
Waka Waka EA
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