Advisor to Unimillion

Recently, I decided to search for new developments on Forex forums and came across a discussion about the Unimillion expert advisor. The first thing that surprised me was that the advisor dates back to 2012, yet its discussion thread is still at the top. I've encountered many advisors along the way, but they usually lasted no more than a year before disappearing. This advisor's long-standing popularity intrigued me, so I decided to conduct a detailed analysis.

Unimillion is a trend-following expert advisor that uses the standard Parabolic SAR trend indicator for position entry. It also turns out that the advisor uses martingale trading strategies.

This expert advisor takes a different approach to averaging, and instead of increasing losing orders, it provides for a position reversal by doubling the lot. 

 This approach theoretically makes it possible to reduce the overall load on the deposit, since a losing order will be closed by a stop order, and a new order with an increased lot will be single, without accumulating a series of negative orders, as, for example, in Ilan. 

It was this algorithm that attracted attention; theoretically, we average positions, but at the same time, we do not load the deposit as much as in the classic version of using martingale .

In the advisor settings, you can set the initial lot size in the LotStart field. The TakeProfit line controls the profit in points, and the StopLoss line allows you to enter your stop loss order in points. As with any martingale, you can change the lot multiplier in the event of a losing position. To do this, change the number in the Multiplier field; the default is 2. You can also set the initial lot size to be calculated based on the risk percentage of the deposit. To do this, enter the desired percentage in the Risk field. The step field is used to configure the Parabolic SAR indicator parameter.

The Unimillion Expert Advisor enters a position based on the Parabolic SAR indicator dots, and if the position is losing, it enters with a doubled lot in the opposite direction. It's designed for trading the EUR/USD currency pair on an H1 timeframe.
I decided to run the first test of the advisor with the default settings. I selected the period from 1/1/2015 to 4/05/2015. The results, to be honest, weren't very good:

Perplexed by such a dismal result in such a short period, I decided to optimize it. For optimization, I selected the following parameters: Multiplier, TakeProfit, StopLoss, and Step. The optimization period was from October 1, 2014, to January 1, 2015. The settings selected for optimization are shown in the image:

Of the thirty settings offered by the strategy tester, I selected the most optimal ones. I'll attach the settings themselves along with the indicator, and the results of the expert advisor's future testing are shown in the image:

As you can see from the chart, the profit for the period from January 1, 2015, to May 4, 2015, was 180 percent, with a maximum drawdown of 44 percent. I'd also like to point out that optimization was very difficult for me, as the EA encountered strong flats and often lost my deposit. Overall, I'd say the EA is worth checking out, but it's extremely risky. If you have an extra hundred bucks to test on a cent account , bet on it; you won't regret it.

May the trend be favorable to you. Good luck!

Download the unimillion EA