
Wakanda EA v1.1
Wakanda EA v1.1
Content: wakanda.ex4 (Unlocked for MT4 Build 1431+), EURGBP M15 100$.set, How to install MT4 files.pdf
Key Features
1. Strategy Overview
- Pullback Power: Wakanda capitalizes on price pullbacks after sharp movements. Imagine riding the wave after a surge – that’s Wakanda’s core strength.
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Multi-Currency Mastery: It conquers 7 major Forex pairs in 24/7 autopilot mode:
- AUDCAD
- NZDCAD
- AUDNZD
- GBPCHF
- USDCAD
- EURUSD
- GBPUSD
- Dynamic Risk Management: Wakanda employs smart drawdown control to safeguard your capital, even during market volatility.
- No Nonsense Filters: It shields you from high-impact news events, ensuring your trades stay focused on pure market signals.
2. Minimum Deposit
To get started with Wakanda EA, we recommend a minimum account balance of $200. However, higher balances allow for more flexibility.
3. Timeframe
Wakanda works well on the following timeframes:
- H1 (1-hour)
- H4 (4-hour)
- Daily
Choose the timeframe that suits your trading preferences.
4. Currency Pair
While optimized for XAUUSD (Gold), Wakanda can also be used with other currency pairs. Consider pairs like:
- EURUSD
- GBPUSD
- AUDUSD
How Wakanda Takes Trades
- Breakout Entries: When price breaks above a daily resistance level or below a daily support level, Wakanda enters a trade in the direction of the breakout.
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Risk Management:
- Each trade has predefined Take Profit (TP) and Stop Loss (SL) levels from the start to ensure risk management.
- Additionally, the EA uses a trailing stop to lock in profits as price moves favorably.