 |
A number of indicators, primarily the RSI, are used by the Budak Ubat EA to operate. Use this EA cautiously as it employs martingale. However, Budak Ubat lets you to alter the multiplier parameter, allowing you to lower the martingale level. As a result, you choose the risk level you like.
Most other martingales place entries at random, but EA’s This relies on market action when the RSI is more than 50. The second entry is compounded by the multiplier if the market moved in the opposite direction following the first entry.
| |
Recommendations
- the M15 timeframe is ideal
- Use on the EURUSD, USDJPY, GBPUSD, and EURJPY is advised (the EURUSD works the best).
- at least $200 cents Calculate each pair.
- This free forex EA should be run 24/5 on a VPS (Reliable and Trusted FOREX VPS – FXVM).
- low spread ECN account is also advised (Find the Perfect Broker For You Here).
| |
 | No Minimum Deposit ECN Acount No Commission | |
 | Min Deposit of 20$ |
| |
| |
