An all position AC/DC coated electrode, depositing high alloy weld metal, designed to produce crack-free deposits with very high mechanical properties. Superior performance of limited input AC welding machines. For use on all carbon and alloy steels - low/medium/high in all positions, under all conditions, including dissimilar combinations. Weld all tool steels, manganese steels and specialty steels in thick-to-thin designs. It will actually deposit using non-commercial AC or DC power sources having very low open circuit voltage characteristics. Drag or touch welding technique may be used, particularly in fillets, without slag interference.