Unparallel Code

Overview of Unparallel Code

Unparallel Code is a sophisticated trading robot designed for the MetaTrader 4 platform. This Expert Advisor (EA) leverages a complex set of conditions and strategies to navigate the volatile waters of the Forex market. With a multitude of parameters and a robust algorithm, it aims to maximize profitability while managing risk effectively.

Key Features

97 Market Conditions: Unparallel Code uses 97 different conditions based on various indicators to scan the market and open positions.

Candle Formation Analysis: Two conditions based on candle formations determine the minimum distance between trades.

Stop Loss Options: Two stop loss inputs—one for the first position and another for subsequent positions—allow for flexible risk management.

Take Profit Strategies: Incorporates 15 different strategies for take profit, ensuring adaptability to various market conditions.

Overlap and Hedging Strategies: These strategies are employed to mitigate risks and maximize gains.

Trading Recommendations

Initial Balance: A minimum balance of $3000 is recommended for optimal performance and peace of mind.

Default Settings: The EA is optimized for trading GOLD (XAUUSD).

Forex Adjustments: For Forex pairs, divide the input values by 10 (e.g., 45 pips becomes 4.5 pips).

Timeframe: Best used on a 1-minute chart for precise entries and exits.

Magic Number: Use different magic numbers for different charts to avoid conflicts.

Input Parameters

Starting Lot: The lot size for the first position.

Multiplier Martingale: The multiplier for subsequent positions.

Max Lot: The maximum lot size a position can have.

Min Distance Between Trades: Two conditions for the minimum distance between trades, adjustable for Forex pairs.

Stop Loss: Separate stop loss settings for the first position and subsequent positions.

Take Profit: Minimum profit in money and emergency take profit settings.

Close All If Loss Exceeds: Closes all positions if the loss exceeds a specified amount.

Trend Filter: Opens new trades based on moving average trends after a certain number of trades.

Time Filters: Start and stop trading based on server time, with specific settings for Monday and Friday trading times.

Advanced Features

Trend Filter Inputs: Allows for opening trades based on moving average trends after a set number of trades.

Time Filters: Customize trading hours and days to align with market conditions and personal preferences.

Emergency Take Profit: Special settings for high-risk situations, ensuring safety during volatile market conditions.

Overlap Strategy: Closes one or two winning trades with a losing one to balance the portfolio.

Opposite Direction Trades: Opens an opposite trade after a set number of positions, based on specific conditions.

User Experience and Reviews

Unparallel Code has received positive feedback from users, with a rating of 5.0 and several reviews praising its effectiveness and reliability. Users appreciate its comprehensive feature set and the ability to customize various parameters to suit individual trading styles.

Conclusion

Unparallel Code stands out as a versatile and powerful trading robot, capable of handling the complexities of the Forex market. Its extensive range of features and customizable settings make it a valuable tool for both novice and experienced traders. With proper use and understanding, it has the potential to significantly enhance trading performance and profitability. 🚀📈