Uni Bot is an FX expert advisor that was released on MQL5 not so far ago. So far, the system has gotten over 1687 demo downloads since it was published. The developer updated it in November. So, how good is this EA? Is it a worthwhile investment solution? Find all the answers in our detailed Uni Bot review.
Andriy Sydoruk is the vendor of this Forex robot and he is from Ukraine. His products have a 4.7 rate based on seventeen reviews. The developer’s personal rate is 22737. The portfolio includes 204 products. Currently, there are zero live trading signals on his profile.
Should you trust Uni Bot?
The system is a quite young trading solution. It has no live trading result at the moment. There is no way we can be sure our funds will be safe under the system management.
About Uni Bot
Uni Bot expert advisor is presented as a robot that uses neural networks to trade financial markets with success.
On its Mql5 page, the vendor says that a robot based on a neural network should automatically recognize the price update and change the trading rules without the participation of a trader.
The vendor claims that the neural network of this robot is based on a specially developed architecture (T-INN) Target-IntelNeuroNet.
Breakdown
- Type: Forex Robot
- Pairs: Major pairs
- Timeframe: M15
- Strategy: Neural Network system
- Price $1280.
The current price is $1280. We can enjoy a copy of a product for 10 activations. There’s a rental option that is available for $760. You can download it for demo usage. There is no refund policy provided.
Trading Result
We have got a backtesting report that ran on 1 symbol on 1970-2022 data. The modeling quality was 20%. An initial deposit was $1000. It has turned into $17517204.62 of the total net profit. The profit factor was 22.88. The recovery factor was 131.26. There were 7885 deals traded with 88.48% of the win rate for shorts and 89.46% for longs.
There is no live trading result for the system at the moment. There is no way we can see the future performance of this robot.
Conclusion
Uni Bot is a young expert advisor with no familiar trading system. The lack of live trading results makes it impossible to verify how the EA works in the current financial market. Backtesting reports are not reliable, the vendor does not offer a refund policy despite selling it at an exorbitant price. We cannot recommend you use it.
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Uni Bot Expert (MT5/MT4)
$1280
Pros
- Free demo
Cons
- Poor strategy insight
- Strange trading system
- No verified result
- No live trading account
- High pricing
- New