unimillion advisor
Recently, the other day I decided to look for new products on the Forex forums and came across a discussion by the unimillion expert. The first thing that surprised me was that the advisor comes from back in 2012, and its thread with discussions is still in the top. I met a lot of advisors along the way, but, as a rule, they lived no more than a year and became a thing of the past. Such long-term popularity of the adviser interested me, so I decided to conduct a detailed analysis of it.
Unimillion is a trend advisor that uses the indicators of the standard Parabolic SAR trend indicator to enter a position. It also turned out that the advisor uses martingale tactics.
In this Expert Advisor, averaging is approached from the other side and instead of increasing unprofitable orders, the Expert Advisor provides for reversing the position with doubling the lot.
This approach theoretically makes it possible to reduce the total load on the deposit, since a losing order will be closed with a stop order, and a new order with an increased lot will be one, without collecting a series of negative orders, as, for example, in Ilan.
It is 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 EA settings, in the LotStart column, you can set the initial lot. The TakeProfit line is responsible for profit in points, and in the StopLoss line you can specify your stop order in points. As with any martingale, you can change the lot multiplication factor in case of a losing position. To do this, change the number in the Multiplier line, but the default value is 2. You can also set the calculation of the initial lot depending on the risk percentage of the deposit. To do this, in the Risk column, indicate the percentage you need. The step line is the line for setting the Parabolic SAR indicator parameter.
The Unimillion advisor enters a position in the direction of the Parabolic SAR indicator points, and in the case of a losing position, the expert enters with a double lot in the opposite direction.
Designed for trading on the euro/dollar currency pair on the H1 time frame. I decided to conduct the first test of the advisor with the default settings. I chose the period from November 1, 2015 to May 4, 2015. To be honest, the picture didn’t come out very well:
Perplexed by such a terrible result in such a short period, I decided to optimize it. For optimization, I chose such parameters as Multiplier, TakeProfit, StopLoss, step. The optimization period was from October 1, 2014 to January 1, 2015. The settings that were selected for optimization are shown in the picture:
Of the thirty settings that the strategy tester offered me, I chose the most optimal ones. I will attach the settings themselves along with the indicator, and we can see the result of the advisor test in the future in the picture:
As you can see in the chart, the profit for the period 01/01/2015 to 05/04/2015 was 180 percent, with a maximum drawdown of 44 percent. Separately, I would like to note that optimization was very difficult for me, since the adviser came across a strong flat and often lost the deposit. In general, I want to say that the adviser is worthy of being looked at, but it is too risky. If you have an extra hundred bucks for the test on a cent account , bet for the test, you won’t regret it.
Happy trend to you.
Good luck) Download the unimillion advisor