At this time, purchasing EASY Bot items is not available to all members. Read more - how to get access to purchase
-
- Trading Robots
- Metatrader 4
- Automated Trading
- Unparallel Code
Unparallel Code
Easy Rating: 5/2
MQL Rating: 5/3
Type:
Live
Leverage:
100
Deposit:
1638$
Balance:
1634.35$
Profit:
-3.65$
Withdrawal:
0$
Update: 8 Nov 2024
12000
4273.52
Live
FusionMarkets-Live
18 Nov 2024, 06:24
E
NotifyMe for MT5
reviewed by Elias von Kohler
I'm thoroughly impressed with NotifyMe for MT5! The trading system performs seamlessl...
G
Pivot Levels of Day Or Week Or Month
reviewed by George Desjardins
I've been using the Pivot Levels of Day Or Week Or Month system for a while now, and ...
G
History Data Export Recorder
reviewed by George Desjardins
As someone who takes strategy testing seriously, History Data Export Recorder has bee...
E
Shooting Star pattern mr
reviewed by Elias von Kohler
As a trader always on the lookout for reliable tools, the Shooting Star pattern tradi...
Overview
Unparallel Code promises to revolutionize your trading with its 97 market-scanning conditions and unique strategies. But does it live up to the hype? Dive into our detailed review to uncover its strengths, weaknesses, and how it stacks up against other top trading systems. Don’t miss out on our expert analysis and user feedback!
Introduction to Unparallel Code 🤖
Unparallel Code, developed by Antonis Michos, is a sophisticated trading robot that stands out due to its comprehensive approach to market analysis. This Expert Advisor (EA) employs a staggering 97 conditions based on various indicators to determine optimal trading opportunities. Such a multi-faceted approach ensures that the EA can adapt to different market conditions, providing a robust trading experience.
One of the standout features of Unparallel Code is its dual stop loss inputs. This allows traders to set a stop loss for the first position and a different one for subsequent positions, offering greater flexibility in risk management. Additionally, the EA includes two take profit inputs, based on 15 different strategies, ensuring that traders can customize their profit-taking approach to suit their trading style. The inclusion of overlap and hedging strategies further enhances its versatility, making it a valuable tool for both novice and experienced traders alike. 📈
Unparallel Code is designed to work optimally with a balance of $3000 or more, ensuring that traders can withstand market fluctuations without significant drawdowns. The default settings are tailored for trading GOLD (XAUUSD), but it can be adapted for Forex pairs by adjusting the input values. This adaptability is a significant advantage, allowing traders to use the EA across different asset classes. The recommendation to use a 1M chart and different magic numbers for different charts ensures that the EA can operate efficiently without conflicts. 💡
In conclusion, Unparallel Code’s comprehensive approach, flexibility in risk management, and adaptability across different markets make it a standout choice for traders looking to enhance their trading strategies. Its unique features and robust design ensure that it can provide consistent performance in various market conditions.
Key Features and Functionality 🔍
Unparallel Code’s strength lies in its intricate design, utilizing 97 distinct conditions to scan the market for optimal trading opportunities. Among these, two conditions are specifically based on candle formations, which help determine the minimum distance between trades. This meticulous approach ensures that the EA can navigate various market scenarios with precision, making it a versatile tool for traders. The customizable stop loss and take profit settings add another layer of flexibility, allowing traders to tailor the EA to their specific risk tolerance and profit targets. This is particularly beneficial for those who prefer a more hands-on approach to managing their trades. 📊
The EA also supports both overlap and hedging strategies, which are crucial for managing risk and maximizing profits. The overlap strategy allows for multiple trades to be open simultaneously, while the hedging strategy helps mitigate potential losses by opening counter positions. This dual approach ensures that traders can maintain a balanced portfolio, even in volatile market conditions. The recommendation to use a $3000 balance and primarily trade GOLD (XAUUSD) is based on the EA’s default settings, which are optimized for this asset. However, it can be adapted for Forex pairs by adjusting the input values, making it a flexible option for traders looking to diversify their trading portfolio. 🌟
In summary, Unparallel Code’s key features and functionality make it a robust and adaptable trading tool. Its comprehensive market scanning, customizable settings, and dual strategies provide traders with the flexibility and precision needed to navigate the complexities of the Forex market. This makes it an excellent choice for both novice and experienced traders looking to enhance their trading strategies.
User Reviews and Feedback 📣
Unparallel Code has garnered a significant amount of positive feedback from its users, boasting an impressive average rating of 5.0. Users have praised its low drawdown and consistent profitability, making it a popular choice among traders. For instance, one user mentioned, “Awesome EA, I have been using it on a live account for a month so far so good, low drawdown and good profits.” Another user highlighted its safety and effectiveness, stating, “It is really a great product. I am running it on demo and it is working out well. What I like is that it is generally safe for an EA that trades a lot.” Such testimonials underscore the EA’s reliability and performance in both live and demo trading environments. 📈
However, as with any trading robot, it is crucial to conduct thorough backtesting before deploying it in a live trading account. This step ensures that the EA performs well under various market conditions and helps traders understand its behavior better. Backtesting on platforms like MetaTrader 4 and MetaTrader 5 can provide valuable insights into the EA’s performance and potential profitability. One user recommended, “Backtest it at M1 timeframe on gold and you will know why it is a 5-star review.” This advice is particularly relevant for those looking to optimize their trading strategies and maximize their returns. 🔍
In conclusion, while Unparallel Code has received glowing reviews and demonstrates strong performance, traders should always exercise due diligence by backtesting and understanding the EA’s mechanics before committing to live trading. This approach will help mitigate risks and ensure a more informed and confident trading experience.
Comparative Analysis with Other Systems ⚖️
When comparing Unparallel Code to other trading systems like EASY Trendopedia and EASY Scalperology, several key differences and unique features stand out. Unparallel Code employs a complex system of 97 conditions to scan the market, making it highly adaptable to various trading scenarios. This extensive set of conditions is significantly more than what is typically found in other trading robots, providing a robust framework for decision-making. Additionally, Unparallel Code’s dual stop loss inputs offer a level of customization that is not commonly seen, allowing traders to manage risk more effectively by setting different stop loss levels for the first and subsequent positions. 📊
In contrast, EASY Trendopedia focuses on identifying long-term market trends using advanced data analysis and pattern recognition algorithms. This bot is designed to compare real-time market data with historical trends to predict future price movements accurately. EASY Scalperology, on the other hand, is optimized for high-frequency trading, executing trades quickly based on short-term market fluctuations. It skips additional filtering processes to maximize trading opportunities, which is crucial for scalping strategies. While EASY bots are highly regarded for their specialized approaches, Unparallel Code’s overlap and hedging strategies provide a unique edge, making it a competitive choice for traders looking for a versatile and comprehensive trading solution. 💡
In summary, while EASY Trendopedia and EASY Scalperology excel in their respective niches—trend following and scalping—Unparallel Code offers a broader range of functionalities. Its extensive conditions, dual stop loss inputs, and innovative strategies make it a formidable tool in the world of automated trading. This versatility ensures that Unparallel Code can adapt to various market conditions, providing traders with a reliable and flexible trading system.
FxRobotEasy Team’s Perspective and Resources 🌐
As part of the FxRobotEasy Team, we are committed to providing thorough and unbiased analyses of various trading systems. Our team has developed a range of tools for traders, including market forecasts, trading robots, and transparent broker ratings. We encourage traders to share their experiences with Unparallel Code and explore our resources for deeper insights. Our goal is to equip traders with the knowledge and tools they need to make informed decisions and optimize their trading strategies. 📊
However, it’s essential to approach any trading system with a critical mindset. While Unparallel Code offers impressive features, traders should not harbor unrealistic expectations. Thorough backtesting and understanding the system’s mechanics are crucial steps before committing to live trading. Our community forums and Telegram channels are excellent places to discuss and learn from other traders’ experiences. Remember, no trading system is a guaranteed path to success, and prudent risk management is always necessary. 🌐
In conclusion, the FxRobotEasy Team strives to be a reliable resource for traders, offering comprehensive reviews and tools to enhance trading performance. We invite you to join our community, share your insights, and benefit from the collective knowledge of experienced traders.
Unparallel Code
forexroboteasy.com
Write review
Miguel Fernandez
1 review
Unbeatable Performance on Silver at H1 Timeframe
I put the Unparallel Code to the test on a h1 timeframe with silver, and the results were extraordinary. Its efficiency and accuracy in predicting market trends are second to none. It's clear why this system earns a 5-star rating.
Rex Scott
1 review
Impressive Results with Unparallel Code
I've been using the Unparallel Code trading system for a while now, and I must say it's an amazing product. I've been testing it on a demo account and the results are impressive. What I appreciate the most is its safety feature, considering it's an EA that performs numerous trades. I'd say, don't just take my word for it, give it a try yourself. I also recommend joining the Telegram group if you want more insights. Since March 2023, I've noticed a significant improvement in Anton's EAs. If this particular EA isn't your cup of tea, there's another one coming that seems promising. It's been backtested for the last 3 years, even during the most volatile trading periods.