Introduction
Unparallel Code is an advanced trading robot developed by Antonis Michos, designed to scan the market using 97 conditions based on various indicators. It includes two conditions based on candle formations to determine the minimum distance between trades. The system offers two stop loss inputs, one for the first position and one for the rest, as well as two different take profit inputs based on 15 different strategies. It supports overlap and hedging strategies and is recommended for a $3000 balance, primarily trading GOLD (XAUUSD).
Comparison with EASY Trendopedia
When comparing Unparallel Code to EASY Trendopedia, several differences and unique features stand out. EASY Trendopedia focuses on identifying long-term market trends using advanced data analysis and pattern recognition algorithms. It is designed to compare real-time market data with historical trends to predict future price movements accurately. On the other hand, Unparallel Code employs a complex system of 97 conditions, making it highly adaptable to various trading scenarios.
Pros of EASY Trendopedia:
- Accurate trend prediction
- Optimized for long-term trading
- User-friendly interface
Pros of Unparallel Code:
- 97 market scanning conditions
- Dual stop loss inputs
- Overlap and hedging strategies
Cons of EASY Trendopedia:
- Less adaptable to short-term market changes
- Limited customization options
Cons of Unparallel Code:
- Complex setup
- Requires thorough backtesting
Pros and Cons
Pros of Unparallel Code:
- Extensive market scanning with 97 conditions
- Customizable stop loss and take profit settings
- Supports overlap and hedging strategies
Cons of Unparallel Code:
- Complex setup and configuration
- Requires a minimum balance of $3000
- Needs thorough backtesting before live trading
Optimal Usage Conditions
Unparallel Code works best in markets with high volatility, such as GOLD (XAUUSD). It is designed to handle various market conditions due to its extensive set of conditions and strategies. However, it is crucial to conduct thorough backtesting and understand the system's mechanics before deploying it in a live trading account. This EA is suitable for traders who have a minimum balance of $3000 and are looking for a versatile and comprehensive trading solution.
Source Code of Unparallel Code
The original source code of Unparallel Code, which is sold on MQL5, is not publicly available. However, based on the description provided on the MQL5 website, we have created an example code for educational purposes. This code is not the actual Unparallel Code but is designed to replicate its described functionalities. If you have any questions about the code, feel free to ask.
Code:
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If you are interested in downloading Unparallel Code, you can find detailed statistics and user reviews on our website. We encourage users to share their experiences and insights on our forum. The EASY Trading Team does not sell Unparallel Code but has created a sample trading robot based on its description for educational purposes. Visit forexroboteasy.com for more information.