In the current version 1.01.1, there is a hidden speed faster than "turbo", which happens if you press and hold down the ~ key.
It will save you an enormous amount of waiting when the AI is taking their actions.

Total: 15
4x Tanking Squads: Diana, Lindly, Rakusha & Warlord Tatar
1x Thievery: Stefan
2x Cavalry: Sir Rolante and Barnabas
1x Cannon: Lysander
1x Dragon (non-flying): Abigayle
4x Horse Archer Squads: Jules, General Bizen, Narima, and Emeric
2x Medics: Isolde, Sybil

Total: 19
3x Tanking (Cavalry): Lindly, Tristan, Isolde
2x Thievery: Stefan, Diana
4x Cannons: Lysander, Lt. Archibald, Warlord Tatar, General Ragavi,
5x Dragon (Flying): Beatrix, Abigayle, Sybil, Emma, Brom
3x Horse Archer Squads: Jules, General Bizen, Otto
2x Cavalry: Jaromir, Sir Rolante

The following are the generic "templates" squads I used during my campaign.

The key factor is that the squads should have the lowest threat rating. This means you should stick to low threat artifacts that increase survivability (I use Officer's Regalia, Donar's Treatise of War, and sometimes Donari armor).

The basic combination is 3 front-line tanks and 2 healers.
For an infantry version, you will use a frontline of 3x Sentinels or Paladins (who have guardian), with 2x Priestess/Exemplars for healers.
For a cavalry version, you will have a front-line of Valkyries (who have higher HP), with 2 hospitallers.
The remaining 5 units are up to you.
If you are worried about assassins, you should use a rear line of valkyries/paladins, or centurions / champions. Their armor will make the damage they take insignificant.
If you are worried about magic damage, giving warrior's hubris to units or just using valkyries/paladins will dramatically reduce magic damage taken.

High skill units, with a frontline that has Valkyries for some healing.

Recommended: 5 horsebows/raiders, 4 archers/warbows. It will have light cavalry movement, so it can move 7 tiles, and retreat after attacking.

I don't recommend full warbow squadrons simply because cannon serve that role, and do far more damage (one-shotting everything but frontline enemies).

Early game: 4 cannons with Giant's Thresher (+25% damage vs larger units). The main issue with this squad is that it is very vulnerable to getting attacked, although proper positioning can keep it safe.

End-game: 5 cannons, 3 paladins, 1 priestess: A cannon squad that can tank hits, and has healing. Positioning is far less relevant as a result.

Maximum AoE output with 3 dragons on the frontline, a fire mage for more AoE, and 2 healers for survival.

3 valkyries/knights on the frontline, 2 hospitallers, 3 fire wizards, and 1 (anything).
This squad will have cavalry mobility be able to smash anything it faces, and sufficient healing to stay healthy. The ability to attack and retreat will prevent these squads from being targeted by the AI.

Directly from in-game's "Tutorial and Info" section

1. A unit with 5 horsebows and 3 archers will have light cavalry mobility. Similarly, a unit with 5 Cavalry and 4 infantry will have cavalry movement (which can make Tier 2 Hospitallers worth using over Tier 3 Templars in certain squads!)

2. Dragons and Horses don't mix. If they are together in a party, it will become infantry class (5 cavalry, 2 infantry, and dragon = infantry class)

3. Cannons will similarly make a unit instantly either slow or infantry class (depending on techs).

4. If your # of dragon riders = # of other unit types, it will be flying. However, if 1 of the other units is a cavalry, it will become infantry class (Dragons cannot make horses fly!).

5. "Light" Classification comes from the number of light units vs heavy units. For example, this Stefan squad is "Light cavalry" because Stefan + Blademaster + 2 Raiders + Hussar = 5 light units.

Unit starting stats are random, but unit stat growth is fixed, which is dependent on the class of the unit, modified by the affinity of the unit (more on affinity later).
For example, Archers, Swordsmen, Spearmen, etc. all growth STR at 0.4/level, gaining 2 STR per 5 levels.

The impact of each stat is as follows:
STR: Improves Physical Damage and Physical Resistance
MAG: Improves Healing / Magic Damage / Magic Resistance
SKL: Improves Crit Chance / Dodge Chance / Deflection / Status Effect Application
LDR: Only used by the squad leader, the squad's maximum capacity is equal to his/her LDR.

Additional Notes:
- In general, weapon value is combined with STR or MAG to determine damage output. However, there are exceptions, which are listed below:
1) Gunpowder weapons and crossbows are weapon values only (but that value is very high)
2) Dragon damage is based on the sum of their STR and MAG stats (not sure if it is affected by weapon value, but I assume so).

Affinity has 2 main effects:
1. Affects character stats
2. Affects hit and crit chance, depending on the weather of the turn (thus, cannot be controlled since weather is mostly random)

The effect of affinities is shown in the image below, but what you need to know is this:
Earth: For Front-line tanks (typically Sentinels, Valkyries, and Paladins). Note that Earth actually has --SKL, not just -SKL.
Water: MAG-based units. Also increases HP slightly.
Dark: MAG or STR units, where HP is not an issue. Very powerful on back-line Dragons.
Lightning: High Skill and STR units (thievery units primarily, but also swordmasters, rogues/assassins, etc)
Fire: Physical DPS. It's quite generic, and basically worse than Lightning or Dark.
Light: Squad Leaders. They are great to place in a squad to benefit from mentorship, before forming their own separate squad once LDR is high enough.

Finally, affinity stat changes are applied retroactively. For example, if you change from lightning to light affinity, you will see a big increase in your leadership stat, but your STR, SKL and HP will drop.

Unit hit points are affected by their starting class.

That is:
Fighters = Militia > Medic > Bowman

If you want high HP gunpowder units, make them from fighters or militia, ideally with earth affinity (++HP), with Water Affinity (+HP) being a good 2nd choice.

High HP Samurai should be made from:
Fighters > Spearmen > Samurai, instead of Bowmen > Archer or Horsebow > Samurai
Note: To class up these Water Affinity Samurais, I had to use "Roast beefs of strength" to raise their STR to 45+. Thus, the ideal affinity is Fire Affinity, since it doesn't lose HP (unlike Lightning). Dark affinity is worth noting in that it provides ++STR, so you could have samurai faster, but with -HP.

In SoW, there are 4 main methods to earn gold. Using these methods can allow you purchase all the mercenaries and artifacts you come across in the bazaars and markets.

1. The thievery squad

The thievery squad should be your initiator in combat.
They earn gold based on the skill of the characters in the squad with thievery, and the amount of damage these units deal. Thus, the more units with thievery, the more gold you earn.

Swordmaster, Scouts/Hussars, Horsebow/Raider, Lightning Wizards.
They should all be lightning class for maximum SKL (aka. maximum profit!)

Rakusha, Beatrix, Narima, General Ragavi

- Konrad the Cold (Arcane speed gives SKL based upon MAG. Can change to Lightning Affinity for maximum SKL, with reduced MAG).
- Teriq the Wicked (Lightning Affinity results in high SKL growth. ~70 SKL by end of campaign).

An early-game (Chapter 8) thievery squad could be the following, with 3 thieves in the mid-line.

An late-game thievery squad would look like this (only 2 Valkyries don't have thievery):

2. Surrenders

At the end of battle, every enemy unit that has surrendered will give you 1 tech point, and a large amount of gold.

To make a surrender succeed, you need to damage/destroy the enemy morale, with 100% chance of a successful surrender if they have "Shattered" Morale.

Thus, an effective tactic is to:
1. Attack with a party to reduce their morale.
2. Have a 2nd party (preferably with a leader with "Silver Tongue" and/or "Treasure Hunter") do a "surrender attack"
For a quick example, see: https://youtu.be/dqaVEa1kVPwFinal tip:
To maximum surrenders, you should use a party with many melee units with the overpower trait (Deals morale damage based on STR). The melee units will generally target the same enemy, reducing the number of killed enemies and leaving more alive for the surrender.

3. Treasure Hunter

This perk only applies if it on a leader (not a regular squad member). If your unit perform surrenders (or enemy army kills) and the leader has Treasure Hunter, you are more likely to have items drop. They can be artifacts, or the really profitable Arena tokens.

4. Arena Fights

Every arena fight gives gold, XP Codex, CP Codex, and some random items.
Thus, buy the tokens in the market whenever you see them! They can also drop as a reward item from combat during battles.

Here are sample rewards from each of the 4 arena
Bronze / Silver

Gold / Platinum

Note: Squad leader's capacity does not change from 10. A "knight captain" leader in cavalry class will still have 10 cap, rather than 8. Similarly, even if the squad leader is loyal, his capacity
cost remains 10. Below is an image of Warlord Tatar, who has 10 capacity despite being loyal.

For squad members, their capacity costs are affected by the following factors.

1. Leader perks, like "Knight captain", "Archer captain", etc.

2. The squad member's "loyalty status"
Mercenary = 12 cap
Non-committal = 11 cap
Normal = 10 cap
Committed = 9 cap
Loyal = 8 cap

3. The number of units in your squad.
1st-5th unit: No extra cap cost
6th unit: +2 cap
7th unit: +4 cap
8th unit: +6 cap
9th unit: +8 cap

Therefore, for a 9-unit squad that is fully loyal with 0 artifacts or cap reductions, you need 94 LDR:
Leader & 4 members: 10 + 8*4 = 42
6th: 40 + 8+2 = 52
7th: 50 + 8 +4 = 64
8th: 62 + 8 + 6 = 78
9th: 76 + 8 + 8 = 94

This is why having characters that are knight/archer/infantry captains, artifacts that reduce capacity, and mentorship to boost LDR on squad members are all so useful.

There are several key points to understanding how Leadership gain works.

The above leadership gain occurred when I stayed within the time limits of each battle, simply from clearing 5 Gaiden missions + numerous arena battles.

- Think of Leadership as having a "Hidden" LDR XP Bar.
- Combat and captures increase LDR XP.
- Mentorship: A squad leader will provide LDR XP to all units in his party, until they reach [The Leader's LDR -10]. Mentorship only applies with combat.
- When a LDR XP bar is filled, the unit gets +1 LDR. Light affinity has a smaller LDR XP bar, while Dark has a higher one.

Loyalty (which affects unit capacity cost) functions the exact same way, except there are only 5 states: Mercenary, Uncommitted, Neutral, Committed, Loyal.

Thus, the best way to increase both leadership and loyalty is:
1. In bronze arena, set up a unit with the lowest threat rating, which will ensure it is the target of attacks.
2. Don't hurt the 2 archers on the map. They will constantly attack you every turn (note: the more attackers, the more XP is earned).
3. If you wish to grind, you can farm this for as many turn as you want to maximize your LDR stats (you don't have to finish within the recommended turn limit).

You can also (indirectly) increase leadership via equipping 5 artifacts:
Elegant blade, Sergeant's Uniform, Imperial Battle Armor, Imperial War Banner, and Ataraxia

Important:
1. Lindly (the MC) always gets some capture XP when allies perform captures, so he/she should not perform any captures. The MC will have more than enough LDR without it!
2. The best units to perform captures are Diana, Stefan and Jules.

Always check them out.
They are nearly identical to markets, but you have a higher chance of getting rare items and named mercenaries. They also offer Drakelings for sale, which can be grown into mighty dragons and eventually, dragon riders.

Note: You can have a maximum of 15 dragon riders (11 from bazaars + Nibbler, the mercenary Cloudrender Athelis, Azuros, and 1 "surprise" dragon rider)

There are a total of 11 chapters with bazaars, which are the following:
3, 6, 9, 10, 12, 16, 18, 19, 21, 24, and 26

There are 3 simple rules that the AI follow when it comes to targeting.

1. The AI moves towards the closest target.
2. If there is no path to the closest target (e.g. all your units are already surrounded by enemy units), they will choose to take the "longer" path by wrapping around. If you are aiming to get the ... How? achievement for Chapter 12, it is crucial to avoid getting surrounded since enemies will march into the fort/castle, and seize your fortress base, resulting in an instant loss.
3. If there are multiple targets in range, the AI will target the lowest threat value.

In practical terms:
1. A squad of 5 priestesses/medics is a great archer bait in the early-game, drawing away attention from other units, due to its very low threat, and ability to heal the damage taken. However, melee attacks are generally too dangerous and will kill some priestesses/medics.
2. The Noisy Cricket Artifact reduces the threat rating of a squad by 15%.
3. Threat value is manipulable because some artifacts are worth a lot more than others.
Below is 4 screenshots of the exact same party, but with 4 different artifact configurations, with the threat rating ranging from 15K, 19K, 23K and 33K.