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EasyWaka Expert Advisor
4.93/5 (619 votes)
Expert Advisor
4.93/5
619 total votes.

An experienced reviewer examines EasyWaka by EasyAlgos AI, a high‑growth grid An Expert Advisor for MetaTrader focused on AUDCAD, AUDNZD and NZDCAD on M15. The review covers live verified performance, backtesting evidence, risk metrics and practical settings to help traders assess fit and risk.

Trading Idea

EasyWaka implements a dynamic grid system that exploits short‑term inefficiencies and trend swings on M15. It uses adaptive grid sizing, news and market filters, and configurable risk levels to hold positions across moves for long‑term growth. Mentions of News Trading and Trend Trading are part of the strategy mix.

Specifications

NFA / FIFO Compatibility

The vendor notes configurability to comply with common broker rules; the expert can be set to align with NFA/FIFO constraints where required.

License

The vendor page describes a licensing model for individual accounts after onboarding; check the purchase flow for exact terms.

Broker special requirements

Compatible with major brokers; vendor recommends low spreads and reliable execution for best results.

Recommended Broker and VPS

It's advisable to select a reliable broker such as Tickmill, and IC Markets and use TradingFX VPS VPS for optimal performance.

MT5 version availability

The developer indicates MetaTrader compatibility; confirm MT5 availability with the vendor. 

User guide inclusion

Purchase includes documentation and onboarding instructions per the vendor site.

Customer support

Support channels and onboarding (email, Telegram) are listed by the developer; response hours are vendor‑specified.

Future updates

The vendor advertises ongoing updates and product maintenance.

Recommended starting balance

The vendor does not mandate a single minimum but typical grid strategies and the observed drawdown suggest a recommended starting balance (example guidance often cited is ≥ 500 USD).

Recommended Trading account criteria

Use accounts with low spreads, stable execution and sufficient margin to withstand grid exposure.

Compatible operating systems

Runs on MetaTrader terminals (Windows native; VPS recommended).

Installer App

Delivered as MetaTrader Expert Advisor files with onboarding instructions; no separate standalone installer indicated.

Bonuses with purchase

Vendor lists onboarding support and community access; specific bonuses vary by promotion

Refund policy

Check vendor terms; general disclaimers and risk notices are published on the site.

Supported Currency Pairs

AUDCAD, AUDNZD, and NZDCAD

MetaTrader Chart Timeframe

M15

3rd Party-Verified EasyWaka's Live Trading Result Statements

Live verified records show exceptional cumulative growth (+12,400.63%) with monthly average gains around 5.16% and daily ~0.17%, but with a high maximum drawdown (66.54%) across 2018–2026. These figures are published on the vendor page and third‑party trackers.

Started On
Jun 04, 2018
Leverage
1:300
Broker
ICE-FX
Starting Balance
$3500
Total Gain
+12,417.06%
MyFxBook (Test Hoster)

Live Test Summary

Started On
Jun 04, 2018
Account Leverage
1:300
Profit Factor
1.71
Total Gain
+12,417.06%
Absolute Gain
+463.16%
Monthly Gain
5.15%
Daily Gain
0.17%
Total Pips
13,705.8
Total Trades
5,270
Profit Amount
$16,210.60
(%) Won Trades
13,705.8
Drawdown
66.54%
Real Money Account
Started On
Jun 03, 2018
Starting Balance
$3,500.00
Total Gain
12,190.46%
FxBlue (Test Hoster)

Live Test Summary

Started On
Jun 03, 2018
Account Leverage
Profit Factor
1.71
Total Gain
12,190.46%
Absolute Gain
12,190.46%
Monthly Gain
5.04%
Daily Gain
0.23%
Total Pips
13,705.8
Total Trades
5270
Profit Amount
+16,210.60
(%) Won Trades
13,705.8
Drawdown
0.6%

The live track record demonstrates strong historical growth and consistency in months‑in‑profit (93/94), yet the high drawdown and long trade durations imply elevated risk; traders should weigh position sizing and risk controls carefully.

EasyWaka's Backtests by MetaTrader Strategy Tester using High Quality Historical Tick Data

Backtesting data is provided by the developer as supporting evidence; the vendor page highlights multi‑year backtests and configurable risk profiles. Backtests complement live records but are subject to typical hypothetical limitations.

Trading With High Risk Settings.

View Full Backtest

Backtests Settings

Symbol
AUDCAD
Period
M15 (2019.01.01 - 2025.06.25)
Currency
USD
Leverage
1:500
Symbols
3
Bars in test
161246
Ticks modelled
9531351
Modelling quality
100%
Initial Deposit
$5000.00

Backtests Results

Total net profit
1458225.78
Gross profit
2618864.11
Gross loss
-1160638.33
Profit factor
2.26
Expected payoff
321.90
Margin level
829.66%
Absolute Bal DD
27.52
Maximal Bal DD
37 205.13 (2.48%)
Relative Bal DD
10.60% (5 446.48)
Absolute EQ DD
184.62
Maximal EQ DD
135 534.98 (19.79%)
Relative EQ DD
25.86% (13 248.72)
Recovery Factor
10.76
Sharp Ratio
3.04
Z-Score
-7.10 (99.74%)
AHPR
1.0013 (0.13%)
LR Correlation
0.83
OnTester result
-
GHPR
1.0013 (0.13%)
LR Standard Error
197524.39
Total Trades
4530
Short positions
2308 (79.03%)
Long positions
2222 (79.70%)
Profit trades
3595 (79.36%)
Loss trades
935 (20.64%)
Largest Profit trade
28127.83
Largest Loss trade
-19832.42
Average Profit trade
728.47
Average Loss trade
-1152.24
Maximum consecutive wins (profit in money)
31 (19 727.67)
Maximum consecutive losses (loss in money)
5 (-5 381.77)
Maximal consecutive profit (count of wins)
63 489.07 (27)
Maximal consecutive loss (count of losses)
-37 205.13 (3)
Avarage consecutive wins
5
Avarage consecutive losses
1
EasyWaka  EasyWakaAUDCAD M15 Chart - $5000 to $1463225 via Raw Trading Ltd, from Jan 2019 to Jun 2025 Historical Graph
EasyWaka  EasyWakaAUDCAD M15 Chart - $5000 to $1463225 via Raw Trading Ltd, from Jan 2019 to Jun 2025 Correlation (Profits,MFE)
EasyWaka  EasyWakaAUDCAD M15 Chart - $5000 to $1463225 via Raw Trading Ltd, from Jan 2019 to Jun 2025 Position holding time

Trading With Significant Risk Settings.

View Full Backtest

Backtests Settings

Symbol
AUDCAD
Period
M15 (2019.01.01 - 2025.06.25)
Currency
USD
Leverage
1:500
Symbols
3
Bars in test
161246
Ticks modelled
9531351
Modelling quality
100%
Initial Deposit
$5000.00

Backtests Results

Total net profit
210792.31
Gross profit
377745.65
Gross loss
-166953.34
Profit factor
2.26
Expected payoff
46.55
Margin level
1431.32%
Absolute Bal DD
17.83
Maximal Bal DD
4 544.11 (3.49%)
Relative Bal DD
6.88% (1 599.01)
Absolute EQ DD
117.82
Maximal EQ DD
17 159.99 (13.20%)
Relative EQ DD
16.79% (3 892.62)
Recovery Factor
12.28
Sharp Ratio
3.10
Z-Score
-7.05 (99.74%)
AHPR
1.0008 (0.08%)
LR Correlation
0.90
OnTester result
-
GHPR
1.0008 (0.08%)
LR Standard Error
23847.32
Total Trades
4528
Short positions
2309 (79.00%)
Long positions
2219 (79.68%)
Profit trades
3592 (79.33%)
Loss trades
936 (20.67%)
Largest Profit trade
4815.48
Largest Loss trade
-1931.66
Average Profit trade
105.16
Average Loss trade
-165.69
Maximum consecutive wins (profit in money)
31 (3 110.78)
Maximum consecutive losses (loss in money)
5 (-1 579.95)
Maximal consecutive profit (count of wins)
6 619.92 (27)
Maximal consecutive loss (count of losses)
-4 533.36 (4)
Avarage consecutive wins
5
Avarage consecutive losses
1
EasyWaka  EasyWakaAUDCAD M15 Chart - $5000 to $215792 via Raw Trading Ltd, from Jan 2019 to Jun 2025 Historical Graph
EasyWaka  EasyWakaAUDCAD M15 Chart - $5000 to $215792 via Raw Trading Ltd, from Jan 2019 to Jun 2025 Correlation (Profits,MFE)
EasyWaka  EasyWakaAUDCAD M15 Chart - $5000 to $215792 via Raw Trading Ltd, from Jan 2019 to Jun 2025 Position holding time

Trading With Mild Risk Settings.

View Full Backtest

Backtests Settings

Symbol
AUDCAD
Period
M15 (2019.01.01 - 2025.06.25)
Currency
USD
Leverage
1:500
Symbols
3
Bars in test
161246
Ticks modelled
9531351
Modelling quality
100%
Initial Deposit
$5000.00

Backtests Results

Total net profit
24950.57
Gross profit
44681.66
Gross loss
-19731.09
Profit factor
2.26
Expected payoff
5.51
Margin level
3170.79%
Absolute Bal DD
5.41
Maximal Bal DD
403.52 (1.73%)
Relative Bal DD
3.43% (348.88)
Absolute EQ DD
48.24
Maximal EQ DD
1 522.27 (6.52%)
Relative EQ DD
8.38% (852.28)
Recovery Factor
16.39
Sharp Ratio
3.14
Z-Score
-7.04 (99.74%)
AHPR
1.0004 (0.04%)
LR Correlation
0.97
OnTester result
-
GHPR
1.0004 (0.04%)
LR Standard Error
1727.92
Total Trades
4527
Short positions
2309 (79.00%)
Long positions
2218 (79.67%)
Profit trades
3591 (79.32%)
Loss trades
936 (20.68%)
Largest Profit trade
427.53
Largest Loss trade
-151.73
Average Profit trade
12.44
Average Loss trade
-19.60
Maximum consecutive wins (profit in money)
31 (339.22)
Maximum consecutive losses (loss in money)
5 (-344.72)
Maximal consecutive profit (count of wins)
478.45 (27)
Maximal consecutive loss (count of losses)
-402.53 (4)
Avarage consecutive wins
5
Avarage consecutive losses
1
EasyWaka  EasyWakaAUDCAD M15 Chart - $5000 to $29950 via Raw Trading Ltd, from Jan 2019 to Jun 2025 Historical Graph
EasyWaka  EasyWakaAUDCAD M15 Chart - $5000 to $29950 via Raw Trading Ltd, from Jan 2019 to Jun 2025 Correlation (Profits,MFE)
EasyWaka  EasyWakaAUDCAD M15 Chart - $5000 to $29950 via Raw Trading Ltd, from Jan 2019 to Jun 2025 Position holding time

Trading With Low Risk Settings.

View Full Backtest

Backtests Settings

Symbol
AUDCAD
Period
M15 (2019.01.01 - 2025.06.25)
Currency
USD
Leverage
1:500
Symbols
3
Bars in test
161246
Ticks modelled
9531351
Modelling quality
100%
Initial Deposit
$5000.00

Backtests Results

Total net profit
6040.72
Gross profit
10865.86
Gross loss
-4825.14
Profit factor
2.25
Expected payoff
1.33
Margin level
7887.20%
Absolute Bal DD
1.86
Maximal Bal DD
98.47 (1.44%)
Relative Bal DD
1.44% (98.47)
Absolute EQ DD
16.12
Maximal EQ DD
303.13 (3.07%)
Relative EQ DD
3.55% (243.26)
Recovery Factor
19.93
Sharp Ratio
3.11
Z-Score
-7.14 (99.74%)
AHPR
1.0002 (0.02%)
LR Correlation
0.99
OnTester result
-
GHPR
1.0002 (0.02%)
LR Standard Error
209.95
Total Trades
4526
Short positions
2310 (78.83%)
Long positions
2216 (79.56%)
Profit trades
3584 (79.19%)
Loss trades
942 (20.81%)
Largest Profit trade
101.01
Largest Loss trade
-32.07
Average Profit trade
3.03
Average Loss trade
-4.76
Maximum consecutive wins (profit in money)
31 (70.95)
Maximum consecutive losses (loss in money)
5 (-97.28)
Maximal consecutive profit (count of wins)
107.48 (5)
Maximal consecutive loss (count of losses)
-97.28 (5)
Avarage consecutive wins
5
Avarage consecutive losses
1
EasyWaka  EasyWakaAUDCAD M15 Chart - $5000 to $11040 via Raw Trading Ltd, from Jan 2019 to Jun 2025 Historical Graph
EasyWaka  EasyWakaAUDCAD M15 Chart - $5000 to $11040 via Raw Trading Ltd, from Jan 2019 to Jun 2025 Correlation (Profits,MFE)
EasyWaka  EasyWakaAUDCAD M15 Chart - $5000 to $11040 via Raw Trading Ltd, from Jan 2019 to Jun 2025 Position holding time

Trading With 0.01 Lots per 500.

View Full Backtest

Backtests Settings

Symbol
AUDCAD
Period
M15 (2019.01.01 - 2025.06.25)
Currency
USD
Leverage
1:500
Symbols
3
Bars in test
161246
Ticks modelled
9531351
Modelling quality
100%
Initial Deposit
$5000.00

Backtests Results

Total net profit
844763.16
Gross profit
1517660.01
Gross loss
-672896.85
Profit factor
2.26
Expected payoff
186.69
Margin level
892.07%
Absolute Bal DD
18.58
Maximal Bal DD
19 051.47 (4.23%)
Relative Bal DD
9.98% (4 497.63)
Absolute EQ DD
161.36
Maximal EQ DD
74 548.35 (16.57%)
Relative EQ DD
24.38% (10 953.40)
Recovery Factor
11.33
Sharp Ratio
3.04
Z-Score
-7.08 (99.74%)
AHPR
1.0011 (0.11%)
LR Correlation
0.86
OnTester result
-
GHPR
1.0011 (0.11%)
LR Standard Error
108688.69
Total Trades
4525
Short positions
2307 (79.02%)
Long positions
2218 (79.67%)
Profit trades
3590 (79.34%)
Loss trades
935 (20.66%)
Largest Profit trade
20184.53
Largest Loss trade
-9105.65
Average Profit trade
422.75
Average Loss trade
-668.32
Maximum consecutive wins (profit in money)
31 (12 004.32)
Maximum consecutive losses (loss in money)
5 (-4 443.67)
Maximal consecutive profit (count of wins)
30 745.73 (20)
Maximal consecutive loss (count of losses)
-19 001.91 (4)
Avarage consecutive wins
5
Avarage consecutive losses
1
EasyWaka  EasyWakaAUDCAD M15 Chart - $5000 to $849763 via Raw Trading Ltd, from Jan 2019 to Jun 2025 Historical Graph
EasyWaka  EasyWakaAUDCAD M15 Chart - $5000 to $849763 via Raw Trading Ltd, from Jan 2019 to Jun 2025 Correlation (Profits,MFE)
EasyWaka  EasyWakaAUDCAD M15 Chart - $5000 to $849763 via Raw Trading Ltd, from Jan 2019 to Jun 2025 Position holding time

Backtests support the grid concept and parameter choices, but traders must treat them as illustrative — real‑money execution, slippage and liquidity can materially change outcomes.

EasyWaka's Trading Strategy

  • Grid core: builds layered orders around price to capture mean reversion and trend retracements; grid spacing and lot scaling are adaptive.
  • Adaptive sizing: position sizes scale with configured risk level to control exposure.
  • News and market filters: trading pauses around high‑impact events (News Trading).
  • Trend and range detection: combines Trend Trading and Range Trading logic to decide when to add or reduce grid layers.
  • End‑of‑day rules: optional End-of-Day Trading limits overnight exposure.
  • Swing and scalping elements: includes Swing Trading sizing for longer holds and Scalping thresholds for quick exits.
  • Position management: configurable stop‑loss, take‑profit bands and maximum drawdown caps; supports Position Trading and Price Action Trading considerations.
  • Breakout & momentum: optional Breakout Trading triggers and Momentum Trading filters for trend acceleration.
  • Mean reversion & indicators: uses mean reversion logic (chart‑based) and technical indicators including Fibonacci Retracement levels to refine entries.

EasyWaka's MetaTrader Parameters

  • Supported pairs: AUDCAD, AUDNZD, NZDCAD.
  • Timeframe: M15.
  • Risk levels: configurable from Low to High (user selects risk profile).
  • News filter: automatic pause before/after high‑impact events.
  • Max drawdown / stop limits: user‑settable capital protection caps.

EasyWaka's Review Bottom Line

EasyWaka by EasyAlgos AI is a well‑documented grid An Expert Advisor with strong historical growth and configurable risk controls. The live track record and backtests are compelling, but the high maximum drawdown and long trade durations require disciplined risk management and appropriate capital sizing before deployment.

Risk

Forex trading can involve the risk of loss beyond your initial deposit. It is not suitable for all investors and you should make sure you understand the risks involved, seeking independent advice if necessary.

Forex accounts typically offer various degrees of leverage and their elevated profit potential is counterbalanced by an equally high level of risk. You should never risk more than you are prepared to lose and you should carefully take into consideration your trading experience.

Past performance and simulated results are not necessarily indicative of future performance. All the content on this site represents the sole opinion of the author and does not constitute an express recommendation to purchase any of the products described in its pages.

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