Description
EA Budak Ubat v1.27 MT4 is a Forex Expert Advisor (EA) for MetaTrader 4 (MT4), developed by a Malaysian trader. It employs a martingale strategy, using indicators like the Relative Strength Index (RSI) to guide trade entries, primarily on major currency pairs such as EURUSD, USDJPY, GBPUSD, and EURJPY. Unlike random-entry martingale EAs, it bases trades on market movements (e.g., RSI > 50). If the market moves against the initial trade, subsequent entries increase lot sizes by a configurable multiplier (e.g., Safe: x1.2, Insane: x2), adjusting take-profit levels to aim for overall profit.
EA Budak Ubat v1.27 MT4
Key Features:
- Timeframe: Recommended M5, though M15 is suggested for lower capital to reduce frequent entries during adverse trends.
- Minimum Capital: Requires at least $100 (cent account) or $10,000 (standard account) for safe operation due to martingale risks. Higher equity (e.g., $20,000 standard) is advised for multiple pairs.
- Leverage: High leverage (>1:500) is recommended to manage margin requirements.
- Risk Management: No default stop-loss (SL), but take-profit (TP) is adjusted to breakeven plus a set value. Users can set multipliers to control risk (e.g., x1.2 for low risk).
- Settings: Customizable lot size, multiplier, max trades, and distance between orders. Works best on low-spread pairs.
- Operation: Runs 24/5 on a VPS for optimal performance. Manual intervention (e.g., adjusting timeframe or closing trades before high-impact news) is advised to mitigate risks.
Recommended Settings:
- Account Type: Cent or micro account with at least a $100 deposit.
- Leverage: High leverage, preferably greater than 1:500.
- Currency Pairs: EUR/USD, EUR/JPY, USD/JPY, GBP/USD, AUD/USD.
- Timeframe: 15-minute chart (M15).
- Lot Size: 0.01.
- Multiplier Setting: Safe (x1.2).
Disclaimer: Trading involves risks, and past performance is not indicative of future results. Always conduct thorough research and seek professional advice before trading.
Important information!
For the first 2 weeks, trade on a demo account or a cent account (to choose the best trading conditions for yourself)
Install a trading advisor on a VPS
Real Account Profit Recorded every Friday (end of the trading week)
What’s in the package?
Experts:
- EA Budak Ubat v1.27 MT4.ex4
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