New EA Official EA Budak Ubat(version 1.5) Flexible

[Mark20]

being 3 months use this EA and no problem at all.. use with FBS standard account with leverage 1:3000 then I set deposit 500 USD and ask for credit bonus 100 percent. So it will become 1000..
I use 2 Pairs only Gold (As suggest by tanaka San) and EU... All on 15M TF.
Slow and steady.

pair GOLD and EU Only. Setting default standard on EU.. on GOLD TP 70. on 15 minutes TF. All with 0.01 lot.

Nice profit... 3-10 USD Per Day.

Any updates on your progress? Still going well with these pairs?

 

[Mark20]

Any updates on your progress? Still going well with these pairs?

Ignore this, it busts regardless. Has no SL and like the others have pointed out. Any EA with martingale will ultimately bust. If you have heavy trending weeks (Like CPI, NFP or FOMC)) weeks then strategies like this will have an enormous drawdown as reversals (if any) will only be short lived. Once the weekly/monthly bias kicks in, it takes big news (like those events I mentioned) to reverse them.

 

[RonThor]

As I was testing dozens of EAs I pulled off a forum, the Budak Ubat v. 1.51 EA definitely garnered my focus. Just a quick suggestion to those fellow traders that are skeptical; monitor the H4 TF in a separate chart of the same pair with a good trend indicator. When the H4 trend is up, change the EA Position Direction to "Long only" and "Short only" when the H4 trend is down. My testing shows M1/M5/M15/M30 TF are best and only trade the top five volatile pairs of the typical 28 pairs. So far in testing (99% quality) on a MT4 Live server, the Win % is 65.5% and the Absolute DD is 44% of Net Profit. Average weekly Profit per pair, four TF, at .1 Lot is $2,674 USD. As we all know, testing may be nice, but Live results is what counts, which will probably be less.

Unfortunately, I can't find the source code for this Budak EA. so I can't add a "trend filter". So, you have to check the H4 chart every four hours or get alerts and manually change the EA Position Direction and close trades that are opposite to the trend. It is shocking to see the huge increase in profitability when you are not using the default "Long and Short" Position Direction. Trade with the H4 trend.

My current Budak settings are:

TP: 50 (extensive testing shows TP: 100 is substantially better with the most volatile pairs – still working on this idea)

Layer Multiplier: x1 (for now- may venture into increasing multiples)

Auto Compound: False

Max Trades: 99999999

Time Frames: M1/M5/M15/M30

Pairs tested with TP: 40 for six weeks: GBPAUD, GBPCAD, GBPCHF, GBPJPY, GBPNZD

Changing “Position Direction” to correspond with the H4 Trend indicator is the “secret” to the best results.

Started trading Live shortly after market open-current week. Up 39.7% in equity about twenty hours into LIVE trading. Live max Account Equity Drawdown 4.8% about two hours after market open. The Equity Curve has been trending up since then.

I will report back to this forum in a few weeks with Live results.

Hi Florida Trader

I've just discovered this EA and I feel that your strategy is very safe while very being profitable

I wish know if 4 years after, this strategy is still good?

I planned to code a nearby EA that will embark the trend monitoring based on the H4 to switch between the Long only or Short only (as you adviced)

Thanks

 

[RonThor]

my equity is 1k usd / 100.000 cent
please note :

use it on M1
if ubat level already reach 1 lot+, then change tf to M5
if ubat level reach 2 lot+, change tf to M15

if drawdown already reach 25%, change everything to M5

this is NOT set and forget EA
u still need keep an eye to watch, but dont intense... 1x check every 2-4 hour if enough

Hi

Regarding your sentence "if drawdown already reach 25%, change everything to M5", is it really M5 or you would say H1?

Thanks

 

[glosbe]

Budak Ubat DevilVersion v1.01

https://www.myfxbook.com/members/TM2021/alfa-advisor/10527437

 

[alex198555]

Budak Ubat DevilVersion v1.01

https://www.myfxbook.com/members/TM2021/alfa-advisor/10527437

Anyone has the investor access to this account??