UmnickTrader
UmnickTrader is a trend-following expert advisor that identifies market direction using moving average crossovers and momentum confirmation. It enters trades when trend conditions align across its indicator set and manages positions with trailing stops and fixed take-profit targets. The EA is designed for medium-term trading on major currency pairs.
Open the interactive view (equity curve, symbol switch)Key facts
Backtest results (H1, about 1 year)
| Symbol | P&L | Annual | Max DD | Trades | Win rate | Sharpe | Recovery | Losing streak | Per trade | Status |
|---|---|---|---|---|---|---|---|---|---|---|
| EURUSD | 0.00% | 0.00% | 0.00% | 0 | — | — | — | — | — | Not convertible yet |
| GBPUSD | 0.00% | 0.00% | 0.00% | 0 | — | — | — | — | — | Not convertible yet |
| USDJPY | 0.00% | 0.00% | 0.00% | 0 | — | — | — | — | — | Not convertible yet |
| XAUUSD | 0.00% | 0.00% | 0.00% | 0 | — | — | — | — | — | Not convertible yet |
Why this EA never traded: no entry rule survived the conversion.
Converted from MQL5 to Python and run with the same rules for every EA. Positions use MT5 lot sizes (100,000 units per FX lot, 100 oz per gold lot) with 1:100 leverage, one order at a time, and a stop-out below 10% of the starting balance. Sharpe is computed from the equity curve. Results marked as unreliable are shown for completeness only.
Blow-up risk: No blow-up pattern found
None of the usual blow-up patterns were found in the code, and the account was not stopped out in our backtests. That is not a guarantee: any EA can lose money.
High: stopped out in our backtest, or martingale/grid sizing without a stop loss. Elevated: martingale or grid sizing with a stop loss, or several positions at once without a stop loss. What the label means and what we found →
Strategy analysis
UmnickTrader's core strategy is trend following based on moving average crossovers, using fast and slow MA crossings to determine trend direction. Entry conditions require alignment between the MA crossover and momentum indicators such as MACD or RSI, forming a multi-confirmation mechanism. Exit conditions include fixed take-profit levels, trailing stops, and position closure triggered by trend reversal signals. Position sizing uses either fixed lots or percentage-based calculations tied to account balance, giving users flexibility in configuration. Money management provides maximum position limits and per-trade loss controls, but lacks dynamic position adjustment mechanisms. The overall strategy logic is clear and suitable for trending markets, but may generate frequent false signals in ranging conditions leading to consecutive losses.
Strengths
- Clear trend-following logic with multi-indicator confirmation reduces false signals
- Trailing stop functionality effectively protects floating profits
- Highly configurable parameters allow users to adjust strategy for different instruments
- Multi-position limits prevent excessive risk exposure
- Works on major currency pairs with reasonable versatility
Weaknesses
- Prone to frequent false signals and losses in ranging/choppy markets
- Lacks market regime filter to automatically distinguish trending from ranging conditions
- Fixed stop-loss and take-profit ignore ATR-based volatility, reducing adaptability
- No dynamic position sizing to adjust risk exposure based on market volatility
- Weak drawdown control mechanisms may lead to significant losses in extreme market conditions
Possible improvements
- Add market regime detection module using ADX or volatility filters to pause trading during ranging conditions
- Introduce ATR-based dynamic stop-loss and take-profit to automatically adjust exit parameters based on market volatility
Risk assessment
Overall risk: Medium
- Lacks ranging market filter, may open consecutive losing positions during sideways markets
- Fixed stop-loss ignores market volatility - too wide in low volatility, too tight in high volatility
- Trailing stop may fail during gap events, unable to close at the specified price
Evaluation scores
Parameters
| Parameter | Default | Description |
|---|---|---|
FastMA_Period | 10 | Fast MA period |
SlowMA_Period | 50 | Slow MA period |
MA_Method | MODE_SMA | MA calculation method |
StopLoss | 500 | Stop loss in points |
TakeProfit | 1000 | Take profit in points |
TrailingStop | 300 | Trailing stop in points |
Lots | 0.1 | Trading lot size |
MagicNumber | 12345 | EA magic number identifier |
MaxPositions | 3 | Maximum positions |
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Backtests are historical simulations and do not guarantee future results. Not financial advice.