UNIMILLION – we trampled for a long time, not without success

Greetings dear visitors. of the UNIMILLION expert for everyone to see . I described the expert itself earlier in the advisors section, so I won’t go deeper.

Let me just remind you that the expert uses the tactic of reversing a position with a double lot. Namely, when a profit is achieved, the expert opens with the specified initial lot, and when the stop order is reached, an order is opened in the opposite direction with a lot multiplied by two.  

In general, the tactics are simple, however, the advisor has a limit of four coups.
If all four turns are unsuccessful, then the expert accepts the loss and starts working with the original lot. As in all tests that our team conducts, a demo account was opened simulating a typical beginner who has only a hundred dollars in a cent account .

Since we are renting a server to test this kind of new products, the expert was in the market all the time, so we guarantee the quality of the test.

Testing began on May 27, 2015 and was carried out until July 3, 2015 on the euro/dollar currency pair on a five-minute chart. We decided to leave all settings at default. At the beginning of the test, the expert successfully closed a couple of orders, but for some reason one order with a standard lot was stuck for a whole month and accumulated 240 points of losses. I don’t know why the expert glitched, but after I intervened with my hands and closed the order, the expert continued its work. You can see the result of the first half month of work in the picture below:

According to the chart, at first you can see the moment of the glitch, but after my intervention the expert started working and began to pull the balance line up. However, this did not last long, and unfortunately the advisor fell into a series of saws ( flat ) and repeatedly closed a series of unprofitable orders. You can see the current report in the picture below:

 The result of the expert’s hard work was destroyed literally in one day due to strong volatility in a narrow range. Probably, if the expert could make at least 7-10 revolutions, he would get out of this situation, but, unfortunately, you can’t argue with the algorithm. The result is certainly not disastrous, because the loss was only two and a half percent, and the maximum drawdown barely reached six percent.

After delving into the news and analyzing all the fundamental factors , it turned out that the loss of profit for the day occurred because the market was waiting for whether Greece would receive credit or declare a default. This expectation led to this range.

Despite the fact that the expert was unable to achieve positive results, I would not write him off. After all, the reason for the drain has become clear, and if it is clear, then it can be eliminated. Therefore, I recommend turning off the Expert Advisor during the release of important news, especially those that consolidate the market for a very long time. Don’t be afraid to test and reconfigure the Expert Advisor, since the algorithm itself should potentially bring stable profits in trending markets! Thank you for your attention, successful tests!