Wazaby

Wazaby

Wazaby – Expert Advisor for MetaTrader 5

Wazaby is a multi-symbol Expert Advisor designed to trade AUDCAD, AUDNZD and NZDCAD using a triangular market relationship between these three correlated currency pairs.

The strategy is NOT based on grid, NOT based on martingale, and does not rely on recovery techniques. All trades are opened with controlled risk and predefined logic.

Supported symbols

• AUDCAD
• AUDNZD
• NZDCAD

Only these symbols are supported. If your broker uses symbol suffixes or prefixes (for example AUDCAD.i), the EA automatically resolves the correct symbol names.

Recommended timeframe

• Any timeframe
• M5 or M15 recommended

The trading logic is independent from the chart timeframe.

Strategy selection (IMPORTANT)

Wazaby includes multiple internal strategies.

Failing to do so will result in the EA not trading as intended.

Key characteristics

• One chart setup
  Attach the EA to one chart only (AUDCAD recommended).
• Multi-symbol trading
  Trades AUDCAD, AUDNZD and NZDCAD simultaneously.
• Triangular market logic
  Trades are based on relative price imbalances between the three pairs.
• NO Grid – NO Martingale
  The EA does not use grid, martingale, or averaging techniques.
• Low drawdown oriented design
  Designed with conservative exposure control, making it suitable for prop firm environments with strict drawdown rules.
• Built-in risk management
  Dynamic lot sizing, volatility scaling and exposure limits are handled internally.
• Integrated information panel
  Displays live statistics, exposure, trade count and performance data.

How it works (overview)

Wazaby continuously monitors the price relationship between AUDCAD, AUDNZD and NZDCAD.

When a statistical imbalance is detected between the three instruments, the EA opens coordinated positions across the pairs according to the selected strategy and risk settings.

All position sizes are calculated dynamically based on:

• Account balance
• Selected risk profile
• Market volatility

The EA does not use chart indicators and does not require manual intervention once properly configured.

Installation

1. Attach the EA to one chart only (AUDCAD recommended)
2. Enable Algo Trading
3. Select Strategy = Trilogy
4. Load a .set file matching your account size and risk profile (optional but recommended)
5. Adjust risk parameters if needed
6. Let the EA run continuously

.SET files

Preconfigured .set files are available for different:

• Risk levels
• Account sizes

These files provide a starting point only. Users are strongly encouraged to adjust risk settings according to their own preferences and constraints.

Backtesting & optimization

Users are strongly encouraged to:

• Backtest the EA on their own broker data
• Test different risk configurations
• Validate the behavior on demo accounts before live usage

Market conditions, broker specifications and account leverage can significantly affect results.

Account requirements

• Minimum recommended capital: 100 USD
• Account type: Netting or Hedging
• Leverage: Any (higher leverage provides more margin flexibility)
• VPS recommended for continuous operation
• ECN broker recommended

Who is this EA for

• Traders looking for a non-grid, non-martingale system
• Prop firm traders requiring very low drawdown
• Users interested in AUD / NZD / CAD market relationships
• Traders who want full control over risk parameters

Disclaimer

Past performance does not guarantee future results. The Expert Advisor does not guarantee profits and should be used only with capital you can afford to lose.

Always test on a demo account and adjust risk settings carefully before using the EA on a live account.