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EA review - Bazava

Rating total:
Backtests:
Live performance:
Risk control:
Customizability:
Price:
Vendor link | Price: $169  (2019.10.05)
Trading strategy: Intraday Scalper
Vendor live account: Yes
Own live account: Yes
Latest tested version:   v1.21
Latest tested date: 2019.10.05
Risk factors: Strong trends, Over-optimization

Bazava is an intraday scalper for the NZDUSD pair only and operates on the M5 timeframe. It opens only one trade and does not use any kind of grid / martingale strategy. 

The author does not explain the entry rules in detail, however, this EA tries to trade only in a calm market and it seems to use a trend filter to define the direction of the trade.

With the default settings Bazava uses a TP of 9.9 pips, while the SL is set at 500 pips. This mean that if you hit the SL once, you will need over 50 winning trades to cover the losses. A trade can be opened for many days if the target is not hit.

A risk to reward ratio of 50.5:1 is quite bad. Having only 2 SL in a row could lead to a recovery timeframe of over 6 months. We made a test with a lower SL values of 99 pips, which is a risk to reward ratio of 10:1. With these settings the EA is still profitable but it already struggles to generate a steady income.

The current live signal shows an impressive picture, however, there are only 4 months of history available currently.

Our opinion

The default settings with a risk to reward ratio of over 50:1 are not recommendable. A single SL will need over 50 profitable trade to recover the losses. Having multiple SL can damage an account heavily. Using lower SL levels results in a less steady, but still profitable picture.

Live performance


Fixed lot size backtests

Why do we use fixed lot size (0.1 lots)? Check our educational page.

Dukascopy 2019.10.05, version v1.21

Full backtest report

Strategy Tester: Bazava
SymbolNZDUSD (New Zealand Dollar vs US Dollar)
Period5 Minutes (M5) 2010.01.01 02:00 - 2019.09.24 11:45 (2010.01.01 - 2019.09.26)
ModelEvery tick (the most precise method based on all available least timeframes)
ParametersRisk_Setting=""; StartLotSize=0.1; EnableAutoLot=false; FundsForAutoLot=3000; MaxLotSize=100; Filters_Setting=""; SpreadFilterPips=3; MaxSlippagePips=1.5; GMT_DST_Setting=""; GMT_Offset_Auto=false; GMT_Offset_Manual=2; DaylightSavingTime=1; Trading_Setup_Setting=""; EnableTrendFilter=true; OrderTakeProfitPips=9.9; OrderStopLossPips=500; EnableTradeDuration=false; TradeDuration=3600; Other_Setting=""; BasicMagicNumber=10200; TradeComment="Bazava";
Bars in test728169Ticks modelled120326639Modelling quality99.90%
Mismatched charts errors0
Initial deposit10000.00SpreadVariable
Total net profit12059.79Gross profit12595.36Gross loss-535.57
Profit factor23.52Expected payoff9.39
Absolute drawdown84.48Maximal drawdown655.30 (4.42%)Relative drawdown4.42% (655.30)
Total trades1285Short positions (won %)645 (99.84%)Long positions (won %)640 (99.84%)
Profit trades (% of total)1283 (99.84%)Loss trades (% of total)2 (0.16%)
Largestprofit trade84.95loss trade-506.82
Averageprofit trade9.82loss trade-267.79
Maximumconsecutive wins (profit in money)798 (7776.93)consecutive losses (loss in money)1 (-506.82)
Maximalconsecutive profit (count of wins)7776.93 (798)consecutive loss (count of losses)-506.82 (1)
Averageconsecutive wins642consecutive losses1
Graph

Full backtest report

Strategy Tester: Bazava
SymbolNZDUSD (New Zealand Dollar vs US Dollar)
Period5 Minutes (M5) 2010.01.01 02:00 - 2019.09.24 11:55 (2010.01.01 - 2019.09.26)
ModelEvery tick (the most precise method based on all available least timeframes)
ParametersRisk_Setting=""; StartLotSize=0.1; EnableAutoLot=false; FundsForAutoLot=3000; MaxLotSize=100; Filters_Setting=""; SpreadFilterPips=3; MaxSlippagePips=1.5; GMT_DST_Setting=""; GMT_Offset_Auto=false; GMT_Offset_Manual=2; DaylightSavingTime=1; Trading_Setup_Setting=""; EnableTrendFilter=true; OrderTakeProfitPips=9.9; OrderStopLossPips=99; EnableTradeDuration=false; TradeDuration=3600; Other_Setting=""; BasicMagicNumber=10200; TradeComment="Bazava";
Bars in test728169Ticks modelled120326639Modelling quality99.90%
Mismatched charts errors0
Initial deposit10000.00SpreadVariable
Total net profit3421.77Gross profit15271.47Gross loss-11849.70
Profit factor1.29Expected payoff2.04
Absolute drawdown84.48Maximal drawdown1147.71 (8.67%)Relative drawdown8.67% (1147.71)
Total trades1678Short positions (won %)849 (92.58%)Long positions (won %)829 (93.24%)
Profit trades (% of total)1559 (92.91%)Loss trades (% of total)119 (7.09%)
Largestprofit trade84.95loss trade-103.11
Averageprofit trade9.80loss trade-99.58
Maximumconsecutive wins (profit in money)83 (811.96)consecutive losses (loss in money)3 (-300.37)
Maximalconsecutive profit (count of wins)811.96 (83)consecutive loss (count of losses)-300.37 (3)
Averageconsecutive wins15consecutive losses1
Graph

Full backtest report

Strategy Tester: Bazava
SymbolNZDUSD (New Zealand Dollar vs US Dollar)
Period5 Minutes (M5) 2010.01.01 02:00 - 2019.09.26 23:55 (2010.01.01 - 2019.09.27)
ModelEvery tick (the most precise method based on all available least timeframes)
ParametersRisk_Setting=""; StartLotSize=0.1; EnableAutoLot=false; FundsForAutoLot=3000; MaxLotSize=100; Filters_Setting=""; SpreadFilterPips=3; MaxSlippagePips=1.5; GMT_DST_Setting=""; GMT_Offset_Auto=false; GMT_Offset_Manual=2; DaylightSavingTime=1; Trading_Setup_Setting=""; EnableTrendFilter=true; OrderTakeProfitPips=9.9; OrderStopLossPips=49.5; EnableTradeDuration=false; TradeDuration=3600; Other_Setting=""; BasicMagicNumber=10200; TradeComment="Bazava";
Bars in test728457Ticks modelled120360834Modelling quality99.90%
Mismatched charts errors0
Initial deposit10000.00SpreadVariable
Total net profit1870.44Gross profit15812.51Gross loss-13942.07
Profit factor1.13Expected payoff0.98
Absolute drawdown56.74Maximal drawdown687.85 (5.82%)Relative drawdown5.82% (687.85)
Total trades1902Short positions (won %)942 (85.77%)Long positions (won %)960 (85.10%)
Profit trades (% of total)1625 (85.44%)Loss trades (% of total)277 (14.56%)
Largestprofit trade21.57loss trade-58.70
Averageprofit trade9.73loss trade-50.33
Maximumconsecutive wins (profit in money)48 (469.95)consecutive losses (loss in money)3 (-151.32)
Maximalconsecutive profit (count of wins)469.95 (48)consecutive loss (count of losses)-151.32 (3)
Averageconsecutive wins7consecutive losses1
Graph

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