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Suggestion Waka Waka EA ....

Discussion in 'Expert Advisor atau Robot Forex' started by Whale, 20 Jun 2022.

  1. RedV19

    RedV19 New Member

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    Hi, is this file still consistently working for you? I have used several versions but they work only for a few days and then stop working. You have any idea of what the issue could be?
     
  2. Ostvard

    Ostvard New Member

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    The issue is MT4 Updates itself evertime you restart it.

    In this folder C:\Users\YOURUSER\AppData\Roaming\MetaQuotes there is a folder called Webinstall. Even if you delete this it will re-create it everytime you launch MT4. The best way I have found is to do the following.

    Close MT4
    Right click on the shortcut of you MT4 Icon and select properties
    Click the Open FGile location button
    Overwrite terminal.exe with the MT4 build 1400 terminal.exe file

    Right click on the Webinstall folder and goto the security tab.
    If you have the administrators group showing select it and click edit
    Click deny on the Full Control box
    Now Launch MT4

    This will stop it updating for this session only. MT4 resets the rights on the directory once it is open, so if you close MT4 you will need to repeat the steps above.

    Hope that helps

    Osti
     
    • Like Like x 1
  3. philippe5

    philippe5 Member Credit Hunter

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    Version build 1403 and works well too.
     
  4. Bertje

    Bertje Member Credit Hunter

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    On demo it works for me already for a long time. slow but steady
     

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    • Agree Agree x 1
  5. Keong Racun

    Keong Racun New Member

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    Yes, its consistently work for me, as long as i use MT4 build 1400
     
  6. Little Fat

    Little Fat New Member Credit Hunter

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    But now 1400 can no longer be used
     
  7. Jimi8317

    Jimi8317 New Member

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    Yes, 1400 cannot be used anymore, is there any solution?
     
  8. dolce vita

    dolce vita New Member Credit Hunter

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    Working 1400 and above
     

    Attached Files:

    • Like Like x 2
  9. Bua Xua

    Bua Xua New Member Credit Hunter

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    • Like Like x 1
  10. mitchmoney

    mitchmoney New Member

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    Last edited: 20 Feb 2024
  11. stars1999

    stars1999 New Member

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  12. madgimper

    madgimper Member Credit Hunter

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    • Like Like x 2
  13. Bua Xua

    Bua Xua New Member Credit Hunter

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  14. Philamer

    Philamer New Member

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    Hello buddy, this will work without the dll file?
     
  15. Deant

    Deant New Member

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    Thank you very much! appreciate it a lot :)
     
  16. adilek

    adilek New Member

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    Thank U
     
  17. Francesco60

    Francesco60 Member Credit Hunter

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    I think waka waka has come to an end...next week MC
     
    • Agree Agree x 2
  18. LEAD4x

    LEAD4x New Member

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    Anyone has an invite link to Wakawaka Telegram group? Pm me and I'll give you it for Perceptrader
     
  19. Treochew

    Treochew New Member

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    Agreed. Recently waka waka open the trades on AUDNZD. It is a pain to the users.
    The developer Valeriia has posted an email to all users on the significant Drawdown of this EA.
     
  20. Jarora

    Jarora Member Credit Hunter

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    It is a simple martingale without SL that explodes once. I feel sorry for the clients.
     
    • Agree Agree x 3
  21. Jarora

    Jarora Member Credit Hunter

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    Waka Waka's Drawdown [Money & Risk Management]

    The last week has been marked by a significant drawdown of the main Waka Waka account. Releasing posts celebrating Waka's milestones and not addressing important events like this one would not be transparent and show a realistic picture of trading with grid Expert Advisors, so that's why I decided to cover it in full.

    First things first: if you do not use any risk management with Waka Waka or any other grid system, I recommend setting up proper risk management right now. Here you can find the post about it. This topic is also covered in every EA guide and I frequently remind about it to people (even when their questions aren't directly about risk management)

    When you work with any Expert Advisors (especially a grid one), proper money and risk management are the first two things you should care about. If things don't go as planned, you need a plan to work with even in the most difficult of situations. With financial markets, it's pretty easy to get into difficult situations. That's why you should read this post first and only care about anything else later.

    If you breach the maximum risk level you have for yourself (either as a % of your capital or as a predefined sum of money) and you find yourself in a situation of not having proper money and risk management, the only sensible thing to do is to close all trades immediately and configure proper money and risk management after that. If you don't do it, you leave your money to chance, and that's the opposite thing to sensible trading.

    Now, you may have noticed, the main Waka Waka account I have is pretty small (compared to the "Smart TP" account, for example). That's why the maximum risk I have there is measured in money, not in %, and that's why I will add more funds to this account if necessary. On the other hand, the bigger "Smart TP" account I have has the maximum risk measured in %, meaning that it'll close all trades in case of having a large floating drawdown.

    It's crucial to understand that no trading strategy is immune to market fluctuations and potential losses. Even the most well-designed systems can and will experience drawdowns and losses. The key is to be prepared for these situations by implementing a solid risk management plan from the outset. By setting clear limits on the amount of risk you're willing to take, either as a percentage of your capital or a fixed sum, you can protect your investments and minimize potential losses. This proactive approach mitigates potential losses, ensuring a resilient investment portfolio that won't go away with a single market swing.

    Best,
    Val
    ------------------------------------------------------------------------------------------------------------------------------------------------------
    https://www.myfxbook.com/members/MischenkoValeria/waka-waka-ea/8379251
    https://www.myfxbook.com/members/MischenkoValeria/waka-smart-tp/9322919

    Compared to Smart TP for account size, they have similarly set lots. He is already looking for an opportunity just to add money so that his account does not collapse. I would like to know what their the maximum risk level is and where they close all the trades. DD 58.02% is it probably not. Maybe DD 100%.
     

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