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Overview
In this review, we will thoroughly examine EA Budak Ubat, a forex software currently available on a limited-time trial basis. This tool has been gaining attention in the online trading and financial market due to its unique features, aimed at helping users optimize their forex strategies and currency exchange operations.
Understanding the EA Budak Ubat Functionality
The EA Budak Ubat software operates by analyzing charts based on the Execution Mode parameter. When there are no existing trades on the chart, the software enters a trade according to this parameter. It identifies the trend – if it’s bullish, a buy trade is initiated; if bearish, a sell trade is commenced. The software also sets a stop-loss order at a specific distance from the opened trade price if the stop-loss variable is more than 0.
Handling Existing Positions
When there are existing positions on the chart and the last one is in loss, the software checks if the distance between the current market price and the order is at least the minimum distance set by the user. It then enters a trade based on the candle. The lot size for this trade is calculated using the martingale method. Like before, a stop-loss order is set at a certain distance from the opened trade price if the stop-loss variable is more significant than 0.
Hedging Functionality in EA Budak Ubat
The EA Budak Ubat software offers a hedging functionality, which can be set to true or false. If hedging is set to false, the software only initiates trades in one direction at a time. If the first position is a buy trade, all subsequent martingale positions will also be buy trades. The same follows for sell trades. However, if hedging is set to true, the software will engage trades in both directions.
Execution and Position Modes
The software offers two Execution Modes: ‘On Every New Bar’ and ‘On Every Tick’. In the ‘On Every New Bar’ mode, the software analyzes the chart on every new bar (candle) and enters trades only after a new candle appears. In contrast, ‘On Every Tick’ mode allows the software to enter trades immediately when attached and also enter new layer immediately when the distance between order setting is met.
By default, the EA Budak Ubat operates in the Buy & Sell mode. However, it can be configured to operate solely on Buy or Sell. This flexibility allows users to tailor their forex strategies according to market conditions and personal risk tolerance.
Independent Testing and Updates
For those interested in seeing the software in action, independent testing of this product is available on the forexroboteasy.com website. Here, users can also subscribe to updates on the results of testing this product, ensuring they stay informed about its performance and potential enhancements.
Frequently Asked Questions (FAQs)
What is the purpose of the stop-loss variable in EA Budak Ubat?
The stop-loss variable is designed to limit potential losses. If it’s set to more than 0, a stop-loss order will be placed at a specific distance from the opened trade price.
How does the hedging functionality work?
If hedging is set to true, the software will engage trades in both directions. But if it’s set to false, the software will only initiate trades in one direction at a time.
Where can I watch independent testing of this product?
Independent testing of EA Budak Ubat is available on forexroboteasy.com. You can also subscribe to updates on the testing results of this product.
We welcome readers to share their experience of using this product. This independent product review aims to provide a comprehensive overview of the EA Budak Ubat software, and does not endorse or reject its use. Careful consideration and understanding of forex strategies, financial markets, and online trading are essential before using any trading software.
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