Umbrafy is an advanced, automated trading system designed to capitalize on short-term price inefficiencies through a mean-reversion grid trading strategy. It systematically identifies ranging market conditions and enters positions around key price zones, anticipating price to revert toward the mean. 

The system employs a dynamic lot-averaging technique to optimize trade entries and exits, thereby enhancing profitability while managing risk. 

• Minor currency pairs: AUDCAD, AUDNZD, and NZDCAD

• Trading session: Not restricted, operates 24/5

• Entry signal: Dual-indicator confirmation

• Entry levels: Pre-conditioned

• Additional filters applied to avoid bad entries

• Entry logic enhanced after a large drawdown in July 2024

• Profit targets: Predefined take-profit, dynamically adjusted based on triggered grid levels

• Stop-loss rules: Flexible and adjustable in system settings

• Position sizing: Fixed initial lot adjustable to dynamic based on equity or balance

• Limited symbols and trades in market adjustable

• Optional min/max daily profit/drawdown adjustable in system settings

• Minimum Starting Capital: $1,000

• Recommended Capital for Comfort: $2,000

• Broker Account Type Needed: Standard or Raw Spread. The signal currently runs on IC Markets (Standard account). For other brokers, choose low spread account

• Leverage: 1:500

Based on historical backtests and verified live data:

• Monthly return: 1 - 3%. Annual return: 25 - 50%

• Average drawdown: 10 - 15%. Maximum drawdown recorded: 67% (July 2024)

• Average trade duration: 3 days. Maximum trade duration recorded: 24 days

• Average number of trades per week: 8

The system has been successfully backtested using high-quality tick data across multiple years and diverse market environments. 

However, it’s important to acknowledge that backtesting has its limitations. While historical performance offers valuable insights, real-world trading involves additional variables—such as execution speed, spread volatility, and broker behavior—that cannot be fully captured in simulation. 

That’s why Umbrafy's true strength is demonstrated through live trading performance, which has been actively tracked and independently verified on both Myfxbook and MQL5.

While the system shows strong resilience and profitability in its target environment, users should understand that performance may be weaker during strong, persistent trends. As such, proper capital allocation, conservative settings, and broker selection remain essential for long-term success.

• Platform: MetaTrader 4 (MT4)

• Trades executed and managed by Niredo iTrade Bot

• PC with stable 24/5 internet connection or reliable VPS required to receive signals or run the system

Umbrafy includes built-in risk controls and position limits, but results may vary significantly depending on broker execution quality, spread conditions, and capital size. 

Users should be aware that while the system is designed to handle ranging markets effectively, prolonged trending conditions can increase drawdown unless managed with sufficient capital and conservative settings.

All trading carries a high level of risk to your capital. Past performance is not indicative of future results. The possibility exists that you could sustain a loss of some or all of your investment and therefore you should not invest money that you cannot afford to lose.

Remember, you and you alone are responsible for deciding if you are comfortable accepting the risk involved in trading.

2-in-1 Pack:

• Umbrafy Algo-Trading System completed with custom indicators, preset files and templates

• Niredo iTrade Bot as an execution engine behind Umbrafy. Can also be used independently to build and deploy your own algorithmic trading strategies—with zero coding required

• Detailed User Manuals