Description

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.
• 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.
• 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.