Basan EA follows a trend-based strategy that capitalizes on significant price movements while avoiding excessive risk exposure. During my testing, the EA was able to identify strong trends in pairs like EURUSD and GBPUSD, executing trades with precision. It performs particularly well in trending markets where its algorithm follows the trend and locks in profits as the price moves in the desired direction.
I found that Basan EA is highly effective during periods of market stability, as it takes advantage of sustained price movements. However, it also has built-in mechanisms to manage trades during times of increased volatility, allowing it to minimize losses and avoid large drawdowns.
In range-bound or sideways markets, the EA can experience periods of reduced profitability, but its robust risk management ensures that any losses are kept small and manageable.
