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BG Unda

3.6

The BG Unda Expert Advisor trades based on the Bollinger Bands indicator.

The default settings are designed for trading on the M15 timeframe. With these settings, the EA operates in the classic night scalper mode.

Description changed 05.11.2019: all old set files are not suitable for working on real accounts.

Actual settings can be downloaded in the "Discussion" (post №852).https://www.mql5.com/en/market/product/19091#!tab=tab_p_comments&comment=13307140&page=43

Live signal - https://www.mql5.com/en/signals/636857

NOTE! The default settings and proposed set files are designed for brokers working according to Eastern European Time (EET), thus covering most well-known brokers. If your broker has another terminal time, change the EA operation time manually.

The settings are for five-digit quotes. Recommended account type - NDD, ECN.


Main Settings

  • TIMER - time period, within which the EA looks for entry opportunities:
  • Use_Timing - if true, the EA trades at a certain time. I recommend that you do not disable this parameter for fully automated trading;
  • Start_Hour_Sunday (Monday, Tuesday, Wednesday, Thursday, Friday) - operation start time by days of the week (terminal time is used);
  • Stop_Hour - stop searching for entry opportunities;
  • UseTradeFriday – enable trading on Fridays;
  • CloseFriday – if true, the EA closes all positions at the time set in FridayEndTime;
  • MondayStartTime – trading start time on Monday;
  • UseTradeLastDay_1 (2,3) – if false, disables trading in the last three days of each month;
  • PauseAfterLoss – pause in the EA operation in minutes after a stop loss triggers;
  • Use_NewsFilter – if true, enables the news filter;
  • MinsBeforeNews - time in minutes before high-impact news for the EA to stop operation;
  • MinsAfterNews – time in minutes after high-impact news, during which the EA does not work;
  • BBands - settings of the Bollinger Bands indicator;
  • TRADE - main trading settings;
  • Long Position - allow buy orders;
  • Short Position - allow sell orders;
  • BB_Shift - the delta between the outer band of Bollinger Bands and the price when entering the market;
  • Min BB_chanel - the minimum width of the Bollinger Bands channel, at which the EA is allowed to trade;
  • Max BB_chanel - the maximum width of the Bollinger Bands channel, at which the EA is allowed to trade;
  • MaxSpreadOpen - the maximum spread in five-digit quotes, at which the EA is allowed to open new positions (all other values in points are calculated for four-digit quotes by default);
  • MaxSpreadClose - the maximum spread in five-digit quotes, at which the EA closes open positions;
  • Lots - trading lot value for the orders;
  • MaxOrdSymMagic – the maximum number of open orders with the same magic numbers, including other currency pairs;
  • MaxOrdersAVR - used for trading with averaging orders. Limits their number. The default value is ZERO - not used;
  • LotExponent - lot increase when using averaging. The default value is ZERO - not used;
  • PipStep - minimum distance in points, if the averaging function is enabled;
  • DepoStep - auto lot. Example: if Lots = 0.01, and DepoStep = 100, the initial order will have a volume of 0.01 per each $100. In case the deposit is $100, the EA opens orders of 0.1 lots. If 0, the EA trades a fixed lot set in Lots;
  • StopEquityPerc – if the percentage of equity is less than specified in the parameter, the EA will not open orders;
  • OpenPlay - window notifying of a new order opening;
  • OpenPlay - window notifying of a new order opening;
  • Magic - unique EA index allowing it to distinguish its orders;
  • Ordcom - comment to open orders;
  • SL: Stop Loss
  • TP - take profit.
Comentarios 17
bgtradefr
183
bgtradefr 2018.01.22 11:27 
 

Hi

I've been following this EA since few months, actually I'm testing it in a demo account in standalone mode and it's a very safe EA, doing around more than 10% profit on one month with a drawdown around 4%.

Boris seems to have enhanced is EA, he has done a great job, when people were arguing about huge losses last year, he has take in account the claims and has modified is EA for avoid the same issue.

Good guy (seems to me), profitable EA, well try yourself and leave a review

Cheers, happy new year and profitables trades

burak bahadir
394
burak bahadir 2018.01.19 08:54 
 

Update: Thanks for your update and your effort. BG UNDA is a good EA

Jesus Torres Parraga
1047
Jesus Torres Parraga 2017.12.06 18:51 
 

After a month using it, I recommend this EA.

The sets that the author gives are the best you can use. Do not change the hours or expand them, it's just where you lose. EA only works two hours a day and is perfect in those two hours

Upgrade.

An EA that can earn 10-15% in a month, can not lose 80% or even 100% of the account in a single night, in two hours.

The risk benefit is very unbalanced. According to author, although the SL are of 1000 pips, the system would close only by other parameters. IF I do not get to cut the trades I blow the whole bill.

It gives benefits on a regular basis, but very little compared to risk. Today, August 29, 2017, that's just happened. Accounts have been lost and some have been greatly diminished.

A strategy that seemed good, in the end lacks something very basic. RISK CONTROL. You can not put 5 currencies with 1000 SL each, and do not have a loss control.

Right now I do not recommend this EA. Sorry for the author, but the losses are ours. We buy and pay for finished and tested products, we are not test rabbits.

Upgrade:

After the last update of the EA and the great work done. Now it is safer than before and maintains the benefits.

Boris has done a good job and deserves the 5 stars again.

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-------------------------------------------Presentación: Z4SCALP---------------------------------------------- Z4SCALP es un robot de trading avanzado que tiene un SL por operación, un SL muy pequeño, diseñado sin martingala. Oferta exclusiva: ¡Compre un producto y reciba el otro GRATIS! Las otras tres versiones están disponibles de forma gratuita -------------------------------------------------------------------------------------------------------------------- Si no confía en la estrategia d
SEÑAL EN VIVO Bienvenido a Gold Trend Scalping PROMOCIÓN DE LANZAMIENTO: Próximo precio: $453.99 Precio final: $1993.99   Gold Trend Scalping es el primer EA que he diseñado específicamente para el oro. El EA utiliza una estrategia de trading siguiendo la tendencia basada en marcos de tiempo más grandes. Emplea un super trend para detectar la tendencia principal del marco de tiempo más grande y luego abre operaciones en marcos de tiempo más pequeños. El EA siempre utiliza un stop loss fijo para
Yarukami Mnukakashi EA
Aleksandr Kazmirchuk
5 (4)
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Ugochukwu Mobi
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Professional trading robot   Albatross : Your reliable assistant in the Forex market Albatross is an innovative trading robot designed to analyze the market using a specialized algorithm. This expert uses advanced methods to assess the strength and amplitude of price movements, which allows it to accurately predict trend reversals and make optimal trading decisions. Benefits of using Albatross Unique analysis algorithm: Albatross analyzes market data for a certain period of time, assessing th
Indicement MT4
Profalgo Limited
5 (2)
¡Bienvenido a Indicement! ¡PROP FIRM LISTO! -> descargar archivos del conjunto   aquí PROMOCIÓN DE LANZAMIENTO: ¡Solo quedan unas pocas copias al precio actual! Precio final: 990$ NEW: Choose 1 EA for FREE! (limited to 2 trading account numbers) Oferta combinada definitiva     ->     haga clic aquí ÚNETE AL GRUPO PÚBLICO:   Haz clic aquí   LIVE SIGNAL INDICEMENT   aporta mis 15 años de experiencia en la creación de algoritmos comerciales profesionales a los mercados de índices. El EA utiliza
SouthEast is an expert advisor developed from my experience in manual trading that has been automated. SouthEast is specifically designed to generate maximum profits with small deposits by prioritizing the security of your funds. Why SouthEast? SouthEast does not require complicated settings and is easy to use because user only need to upload a set file that is already available. Currently there are set files for 20 fx pairs. The best GRID EA with the ability to control risks. I will share
AI NoX EA is an innovative Forex expert advisor that combines advanced neural networks technologies with high-volume trading and   Matrix factorisation .The advisor uses complex algorithms to decompose large sets of market data, uncovering hidden patterns and correlations between various financial instruments. Details about Advisor Development Configuring the Advisor The price of the advisor will increase significantly as I have allocated a specific number of copies. I will adjust the price as s
Daytrade Pro Algo
Profalgo Limited
5 (5)
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AI NeuroX EA is an innovative trading advisor based on advanced artificial intelligence technologies, including neural networks and the Perplexity and GPT-4 platforms. This advisor has a unique ability to analyze and predict the dynamics of financial markets using deep learning and advanced algorithms. Thanks to the intuition that even the most experienced traders would envy, AI NeuroX EA is capable of developing unprecedented trading strategies, ensuring excellent performance. This advisor oper
NightVision EA
Alexander Kalinkin
4.11 (27)
NightVision EA  - is an automated Expert Advisor that uses night scalping trading during the closing of the American trading session. The EA uses a number of unique author's developments that have been successfully tested on real trading accounts. The EA can be used on most of the available trading instruments and is characterized by a small number of settings and easy installation. Live signal for NightVision EA:    https://www.mql5.com/en/signals/author/dvrk78 Ask me for   the   recommended FX
Way To Stars es un EA night scalping específicamente diseñado para operar durante períodos de baja volatidel mercado para capitalizar en oportunidades de bajo riesgo. This night scalping EA se centra en la captura de pequeños movimientos de precios para el comercio frecuente, acumulando beneficios con el tiempo. Emplea estrictas medidas de stop-loss para limitar las pérdidas potenciales por transacción, garantizando una gestión de riesgos eficaz. Way To Stars es un sistema de comercio genuino y
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4.38 (8)
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3.17 (6)
Expert Advisor for night scalping. It works at the end of the American and at the beginning of the Asian sessions. Working time frame - M15 and M5. The EA features a news filter, which uses a news indicator. NOTE : The settings in the proposed set files are designed for brokers working according to Eastern European Time and New York trading time. When using with a broker that works according to a different time, it is necessary to manually adjust the EA operation time in the input parameters. ND
This Expert Advisor is a night scalper. It works at the end of the American session and at the beginning of the Asian session. The working timeframe is M15. It uses standard indicators for market entries and exits. Take profit and a protective stop loss are set for each order. However, orders are most often closed based on indicator signals. See the Comments page for ready .set files for traded currency pairs. The EA has an optional news filter which is based on a news indicator. IMPORTANT : Par
Expert Advisor for night scalping. It works at the end of the American session and at the beginning of the Asian session. The working timeframe is M15 and M5. The Expert Advisor trades in a channel. It uses standard MetaTrader 4 indicators for market entries and exits. A stop loss is assigned to each order. The EA does not use toxic trading methods, such as averaging or martingale. Set files will be provided in the Comments section for the traded currency pairs. The EA features a news filter,
BG Grid Limited is a countertrend Expert Advisor that uses standard indicators to enter the market. The Expert Advisor has flexible settings and can be used for multi-pair trading. I suggest using 10 currency pairs at once at the same time. However, this does not mean that the Expert Advisor will immediately open 10 orders, one for each currency pair. The Expert Advisor enters the market only with a certain set of indicator readings. The Expert Advisor in the settings has loss limits in the
BG Night Line is an advisor for trading in the Asian trading session. The trading strategy is based on the classic approach of returning the price to its average value. The standard trading indicators built into the terminal are used in the work. Due to the relatively large stop losses and the use of several averaging orders, it is not critical for the ADVISER to expand spreads with low liquidity, and there are no high requirements for fast execution of orders. The EA is designed for trading on
Filtro:
Indy1000
1275
Indy1000 2018.04.20 02:41 
 

I've been a long time user of BG Unda and it has proven to be very successful, particularly the latest version 2.

I am selective of the symbols, thanks to Boris for providing honest results on live accounts for us to observe.

Thank you Boris for this EA and for being responsive to suggestions.

Good job

bgtradefr
183
bgtradefr 2018.01.22 11:27 
 

Hi

I've been following this EA since few months, actually I'm testing it in a demo account in standalone mode and it's a very safe EA, doing around more than 10% profit on one month with a drawdown around 4%.

Boris seems to have enhanced is EA, he has done a great job, when people were arguing about huge losses last year, he has take in account the claims and has modified is EA for avoid the same issue.

Good guy (seems to me), profitable EA, well try yourself and leave a review

Cheers, happy new year and profitables trades

burak bahadir
394
burak bahadir 2018.01.19 08:54 
 

Update: Thanks for your update and your effort. BG UNDA is a good EA

Jesus Torres Parraga
1047
Jesus Torres Parraga 2017.12.06 18:51 
 

After a month using it, I recommend this EA.

The sets that the author gives are the best you can use. Do not change the hours or expand them, it's just where you lose. EA only works two hours a day and is perfect in those two hours

Upgrade.

An EA that can earn 10-15% in a month, can not lose 80% or even 100% of the account in a single night, in two hours.

The risk benefit is very unbalanced. According to author, although the SL are of 1000 pips, the system would close only by other parameters. IF I do not get to cut the trades I blow the whole bill.

It gives benefits on a regular basis, but very little compared to risk. Today, August 29, 2017, that's just happened. Accounts have been lost and some have been greatly diminished.

A strategy that seemed good, in the end lacks something very basic. RISK CONTROL. You can not put 5 currencies with 1000 SL each, and do not have a loss control.

Right now I do not recommend this EA. Sorry for the author, but the losses are ours. We buy and pay for finished and tested products, we are not test rabbits.

Upgrade:

After the last update of the EA and the great work done. Now it is safer than before and maintains the benefits.

Boris has done a good job and deserves the 5 stars again.

alex-krylov
112
alex-krylov 2017.10.08 13:03 
 

"Отличный советник, отличная поддержка от автора".

Vilmar Tavares
585
Vilmar Tavares 2017.09.10 17:13 
 

I had given a vote of confidence again to this E. After several gains, I lost everything and a little more in one night. Unfortunate.

Alex H
579
Alex H 2017.09.08 18:35 
 

El usuario no ha dejado ningún comentario para su valoración

[Eliminado] 2017.08.29 21:53 
 

El usuario no ha dejado ningún comentario para su valoración

1000009702
89
1000009702 2017.08.29 03:45 
 

I dont know how good is is or not but i get one thing for two week i use it i have maybe 10-15 % PRIFIT and only for one single night i get 20 % loss,i don't get it.I want to ask how it's possible this.All the post i read noone say anything like that.Can someone explain it to me this?

Aceman123
2183
Aceman123 2017.08.29 01:13 
 

Very nice Asian scalper.

The developer is always quick to respond. No complaints at all. 5 stars for me.

--- Updated to 2 stars.

One night can easily wipe out many months of positive gains. Typical Asian scalper asymmetrical negative R/R ratio (few pips gained, hundreds of pips of downside potential).

The EA can open multiple highly correlated positions at the same time, and if all approach the SL, the account is toast.

A filter where a maximum number of concurrent trades is activated would somehow tame this dangerous strategy.

Diego Arroyo
319
Diego Arroyo 2017.08.29 00:59 
 

hoy he tenido una reduccion casi del 30% en mi cuenta,y si no lo desactivo se sopla la cuenta, no se puede negociar con stoploss de 1000 y se supone que hay otros parametros que cerraban la operacion y no fue asi. hasta que no arreglen eso no vubire la calificacion

BRADLEY PATRICK
1195
BRADLEY PATRICK 2017.08.23 00:16 
 

Wins and losses on my IC Markets real account. But mostly losses. I give it two stars because it at least keeps the losses small.

FunkyMonkey
476
FunkyMonkey 2017.07.27 11:53 
 

Fantastic EA. Very safe & Very Profitable!

Ronfx00
494
Ronfx00 2017.07.16 19:51 
 

Hi traders, great expert advisor from Boris. Pls do not believe me what I said. You have to purchase it and see for yourself.

another word is seeing is believing :)

Keep it up Boris for the great work and contiune to improve your Expert Advisor.

Ron.

Guntis Grants
1041
Guntis Grants 2017.06.15 09:28 
 

I run BG Unda for 6 months Live, since December 12, 2016. It makes me real money! The author is constantly improving the EA and it works more stably now. It looks that I am going to earn even more money with it in future. I can really advise BG Unda. Many thanks to the author!

Krystof Walter
345
Krystof Walter 2017.02.20 00:03 
 

After 2 weeks i must say just Amazing! Stable profit every night and low risk.

This EA is definitely one of my favorite ones. Very satisfied for now, 5 starts for the results and support!

Dennis22779
809
Dennis22779 2017.01.13 11:29 
 

Very good EA, it works profitable on a live Account. It`s very safety and the Seller is very helpful by any questions.

Yaotang Liu
1859
Yaotang Liu 2017.01.08 17:22 
 

Great EA.

So far so good and BG got nice support to his products.

Respuesta al comentario
Versión 3.2 2021.11.17
The Expert Advisor is compiled for a fresh build of the mt4 terminal
Versión 3.1 2020.04.07
The EA is compiled for the new MT4 build
Versión 3.0 2018.08.16
The "Block Trade Symbol"parameter has been added in 3.0.
If "true", multiple orders for currency pairs containing the same currency cannot be opened at the same time. For example, if an order for AUDCAD is already opened, the EA will not open an order for the pair, where there is either AUD or CAD until an already open order for AUDCAD is closed.
This parameter allows you to trade fairly conservatively and increases the conditions of the Deposit
Versión 2.0 2017.09.29
1. Changed parameters for setting the trading time. It is now possible not only to select the time, but the day to trade as well.
2. Added the option to disable trading in the last three days of each month.
3. Changed the maximum spread filter.
4. Added a limit on the number of simultaneously opened orders.
5. Added a limit on opening orders at the specified level of drawdown by free equity.
Versión 1.3 2017.05.31
Modified the operation algorithm of the news filter.
Versión 1.2 2017.04.14
In version 1.2, added the ability to start trading on Monday at a certain time.

Using this parameter will help cautious traders who do not trade in the night from Sunday to Monday.

Added the ability to change the comment to the EA's orders.

Added news filter. Works using a separate indicator.

Allows avoiding possible losses during high-impact news and high market volatility.
Versión 1.1 2017.02.02
Added the parameter to close orders opened on Friday at a certain time. It is also possible to disable trading on Friday.
The new potions allows to avoid possible losses during gaps at the opening of the market on Monday.