EA review - Bazava
| Rating total: | |
| Backtests: | |
| Live performance: | |
| Risk control: | |
| Customizability: | |
| Price: |
| Vendor link | Price: | $169 (2021.01.26) |
| 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| Symbol | NZDUSD (New Zealand Dollar vs US Dollar) | ||||
| Period | 5 Minutes (M5) 2010.01.01 02:00 - 2019.09.24 11:45 (2010.01.01 - 2019.09.26) | ||||
| Model | Every tick (the most precise method based on all available least timeframes) | ||||
| Parameters | Risk_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 test | 728169 | Ticks modelled | 120326639 | Modelling quality | 99.90% |
| Mismatched charts errors | 0 | ||||
| Initial deposit | 10000.00 | Spread | Variable | ||
| Total net profit | 12059.79 | Gross profit | 12595.36 | Gross loss | -535.57 |
| Profit factor | 23.52 | Expected payoff | 9.39 | ||
| Absolute drawdown | 84.48 | Maximal drawdown | 655.30 (4.42%) | Relative drawdown | 4.42% (655.30) |
| Total trades | 1285 | Short 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%) | ||
| Largest | profit trade | 84.95 | loss trade | -506.82 | |
| Average | profit trade | 9.82 | loss trade | -267.79 | |
| Maximum | consecutive wins (profit in money) | 798 (7776.93) | consecutive losses (loss in money) | 1 (-506.82) | |
| Maximal | consecutive profit (count of wins) | 7776.93 (798) | consecutive loss (count of losses) | -506.82 (1) | |
| Average | consecutive wins | 642 | consecutive losses | 1 | |
| Symbol | NZDUSD (New Zealand Dollar vs US Dollar) | ||||
| Period | 5 Minutes (M5) 2010.01.01 02:00 - 2019.09.24 11:55 (2010.01.01 - 2019.09.26) | ||||
| Model | Every tick (the most precise method based on all available least timeframes) | ||||
| Parameters | Risk_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 test | 728169 | Ticks modelled | 120326639 | Modelling quality | 99.90% |
| Mismatched charts errors | 0 | ||||
| Initial deposit | 10000.00 | Spread | Variable | ||
| Total net profit | 3421.77 | Gross profit | 15271.47 | Gross loss | -11849.70 |
| Profit factor | 1.29 | Expected payoff | 2.04 | ||
| Absolute drawdown | 84.48 | Maximal drawdown | 1147.71 (8.67%) | Relative drawdown | 8.67% (1147.71) |
| Total trades | 1678 | Short 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%) | ||
| Largest | profit trade | 84.95 | loss trade | -103.11 | |
| Average | profit trade | 9.80 | loss trade | -99.58 | |
| Maximum | consecutive wins (profit in money) | 83 (811.96) | consecutive losses (loss in money) | 3 (-300.37) | |
| Maximal | consecutive profit (count of wins) | 811.96 (83) | consecutive loss (count of losses) | -300.37 (3) | |
| Average | consecutive wins | 15 | consecutive losses | 1 | |
| Symbol | NZDUSD (New Zealand Dollar vs US Dollar) | ||||
| Period | 5 Minutes (M5) 2010.01.01 02:00 - 2019.09.26 23:55 (2010.01.01 - 2019.09.27) | ||||
| Model | Every tick (the most precise method based on all available least timeframes) | ||||
| Parameters | Risk_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 test | 728457 | Ticks modelled | 120360834 | Modelling quality | 99.90% |
| Mismatched charts errors | 0 | ||||
| Initial deposit | 10000.00 | Spread | Variable | ||
| Total net profit | 1870.44 | Gross profit | 15812.51 | Gross loss | -13942.07 |
| Profit factor | 1.13 | Expected payoff | 0.98 | ||
| Absolute drawdown | 56.74 | Maximal drawdown | 687.85 (5.82%) | Relative drawdown | 5.82% (687.85) |
| Total trades | 1902 | Short 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%) | ||
| Largest | profit trade | 21.57 | loss trade | -58.70 | |
| Average | profit trade | 9.73 | loss trade | -50.33 | |
| Maximum | consecutive wins (profit in money) | 48 (469.95) | consecutive losses (loss in money) | 3 (-151.32) | |
| Maximal | consecutive profit (count of wins) | 469.95 (48) | consecutive loss (count of losses) | -151.32 (3) | |
| Average | consecutive wins | 7 | consecutive losses | 1 | |
| Symbol | EURUSD (Euro vs US Dollar) | ||||
| Period | 5 Minutes (M5) 2010.01.01 02:00 - 2019.09.24 12:05 (2010.01.01 - 2019.09.26) | ||||
| Model | Every tick (the most precise method based on all available least timeframes) | ||||
| Parameters | Risk_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 test | 728475 | Ticks modelled | 187552492 | Modelling quality | 99.90% |
| Mismatched charts errors | 0 | ||||
| Initial deposit | 10000.00 | Spread | Variable | ||
| Total net profit | 123.83 | Gross profit | 11016.87 | Gross loss | -10893.04 |
| Profit factor | 1.01 | Expected payoff | 0.11 | ||
| Absolute drawdown | 1440.41 | Maximal drawdown | 2228.54 (20.66%) | Relative drawdown | 20.66% (2228.54) |
| Total trades | 1159 | Short positions (won %) | 610 (98.69%) | Long positions (won %) | 549 (97.45%) |
| Profit trades (% of total) | 1137 (98.10%) | Loss trades (% of total) | 22 (1.90%) | ||
| Largest | profit trade | 102.16 | loss trade | -504.37 | |
| Average | profit trade | 9.69 | loss trade | -495.14 | |
| Maximum | consecutive wins (profit in money) | 192 (1864.13) | consecutive losses (loss in money) | 1 (-504.37) | |
| Maximal | consecutive profit (count of wins) | 1864.13 (192) | consecutive loss (count of losses) | -504.37 (1) | |
| Average | consecutive wins | 52 | consecutive losses | 1 | |
| Symbol | GBPUSD (Great Britan Pound vs US Dollar) | ||||
| Period | 5 Minutes (M5) 2010.01.01 02:00 - 2019.09.24 22:10 (2010.01.01 - 2019.09.26) | ||||
| Model | Every tick (the most precise method based on all available least timeframes) | ||||
| Parameters | Risk_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 test | 728396 | Ticks modelled | 185809567 | Modelling quality | 99.90% |
| Mismatched charts errors | 0 | ||||
| Initial deposit | 10000.00 | Spread | Variable | ||
| Total net profit | 2433.69 | Gross profit | 12912.16 | Gross loss | -10478.47 |
| Profit factor | 1.23 | Expected payoff | 1.76 | ||
| Absolute drawdown | 879.52 | Maximal drawdown | 1593.62 (13.18%) | Relative drawdown | 13.25% (1393.60) |
| Total trades | 1384 | Short positions (won %) | 748 (98.26%) | Long positions (won %) | 636 (98.74%) |
| Profit trades (% of total) | 1363 (98.48%) | Loss trades (% of total) | 21 (1.52%) | ||
| Largest | profit trade | 34.24 | loss trade | -529.75 | |
| Average | profit trade | 9.47 | loss trade | -498.97 | |
| Maximum | consecutive wins (profit in money) | 263 (2482.79) | consecutive losses (loss in money) | 2 (-1001.41) | |
| Maximal | consecutive profit (count of wins) | 2482.79 (263) | consecutive loss (count of losses) | -1001.41 (2) | |
| Average | consecutive wins | 68 | consecutive losses | 1 | |
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