“Dow Theory” Auto-Trading EA Product Manual
Thank you for visiting.
Please bookmark this page,
and be sure to read to the end.
5-Currency dedicated EA goes to ①
For single-currency EAs, apply the specified currency to the chart and proceed to ②
☆ Settings that require attention
① Open five 1-hour charts displaying 5 currencies and install the EA
This is an EA for simultaneous operation of USDJPY, EURJPY, EURUSD, GBPJPY, and GBPUSD five currencies.
(Even if you install it on only one chart, it will not operate all five currencies simultaneously.)
For swap-focused EA, USDJPY, EURJPY, EURUSD, GBPJPY, and AUDJPY are operated simultaneously.
Note:
There is no function to operate 5 currencies with just one chart display.
This EA can use even one currency, but it achieves maximum performance when operated on five currencies simultaneously.
Operating five currencies simultaneously not only increases profits from more trades but also stabilizes risk and timing through diversification.② Tools → Options → Set maximum bars to 20000Since this EA references past candlesticks, you need to set a relatively high maximum number of bars.Important③ Set the lot sizeThe lot size on the sales page is only the initial display lot size.Be sure to review and modify the lot size for risk management.Maximum risk in one currency per trade is assumed as 1 currency: 0.1LOT = -20,000 yen; 0.01LOT = -2,000 yenPlease choose whether to use simple interest or compound interestSimple interest: the standard lot remains the same as the number of lotsCompound interest: as balance increases from trade results, the lot size increases proportionally to the balance.To help you understand how many lots will actually be,the configured lot size will be displayed on the chart.ExampleBase lot: 0.02Balance: 1,000,000Compound balance threshold (how much it increases): 100,000 yen (100k)Additional lot size: 0.01In this case, the compound lot size becomes 0.12 LOTFormula:Base lot 0.02 + additional compound lot 0.10 = 0.12 LOT➃ Specify maximum number of positions (entry split count)Up to the maximum number of positions, positions will be activated for each method in sequence.Entries and take-profits will be activated at different timings, providing a diversification of riskbenefits.Normally, risk is reduced by lowering the lot size, but you would use this when you want to control risk by specifying a maximum number of positions.Example: Position limit "1": limit one position per currency.Since the lot size and position count are known in advance, risk management is easier and behavior/trade history becomes simple. Day trading method determines whether to settle at the end of the day (early morning 5:00–6:00).⑤ Setup (MT4)
For MT5, enable algorithmic trading⑦ Maintain MT4/MT5♢ EA version upgrade workThe EA is regularly upgraded. An email with the subject 'Important' will be sent from Gogojungle.The upgrade method is possible even while you hold positions. After deleting the old EA, please apply the new EA.At that time, you will need to set lot size, etc.♢ MT4/MT5 upgrade workApart from automated trading EAs, MT4/MT5 may also undergo periodic upgrades. If you do not perform this, automated trading may stop functioning.Doing upgrades may be necessary to keep automated trading functioning.Please follow the upgrade request emails from FX brokers.⑧ Keep MT4/MT5 runningIf the installed device or VPS is powered off, operation stops.In other words, if your PC or VPS restarts due to maintenance or updates without you noticing, the automated trading program may stop, so please be careful.To keep MT4 running under monitoring, in addition to daily PC or smartphone checks, we recommend using REALTRADE to receive stop notices.♢ REALTRADE stop alert email settings☆Post-restart verification (not a problem with this EA)If you shut down your PC, do not force-quit it abruptly; please exit MT4/MT5 using normal procedures.After starting MT4/MT5, please perform the checks below each time.・The AutoTrading button is ON → Sometimes the AutoTrading button may be turned OFF for some reason.・EA is applied to one chart per tool and the smiley icon shows it is active on only some charts→ This can result in 1 of 10 charts not being applied.・(In MT4) DLL check is enabled for at least one chart with one EA→ After restart, the check may become uncheckedoccasionally.→ The bottom-right network receive graph functioning indicates MT4 is active.If an older version or common error is shown, MT4 is not running.These issues can occur due to platform, trading environment, server load, or unstable internet connections.As a precaution for MT4/MT5 usage, please check at least once a week if possible.⑨ Confirm the Magic NumberThe magic number must be different from other EAs. Check that it does not overlap with other EAs.If you are using only this product EA,the same magic number between multiple currencies is fine. You can use it without changing the default.If you are using other EAs, set a different number to avoid management mistakes.Numbers differ by product.☆ Other features(Settings are possible, but generally no changes required (parameter settings)♢ Spread filterSet the acceptable spread at entry (within a certain range).Initial setting: 1.0 recommended = the "10" spread display on MT4/MT5Accounts with fees separate from spreads may require even stricter settings◇ Consecutive entry limitPrevents immediate re-entry after settlement.When performing full tests, turning off this feature can speed things up.☆ If you encounter thisQ. It takes long for entry and settlement to occur A. Compared to scalping, everything feels longer. On average, holding time is about 2 days. Positions may be held for nearly a week, during which negative swaps can be large. Also, when entry timing comes, it tends to cluster entries, so you may not enter for 2-3 days to a week.Q.Sometimes there are large unrealized losses, causing anxietyA. If a large unrealized loss occurs, it can be worrisome if stop losses do not trigger.Please verify that your held positions are correct.♢ Check held positionsWhen you use this EA on a real account and enter,you can also see the entry in the sales page trade history. If you append#lz-forwardto the end of the sales page URL, you can jump to the trading history immediately.Example:https://www.gogojungle.co.jp/systemtrade/fx/69075#lz-forwardAssign a product number to the green sectionAfter purchase, you can confirm whether your positions are properly operating, including entry times and held positions.Note: The fill time may differ by environment or account by a few minutes.※There is a trading logic where take-profit timing changes depending on the time of introduction of the EA.※ Due to these differences, it may occur that you trade on Gogojungle's page but you did not enter, or vice versa.This is a common phenomenon that can occur frequently.☆ Other possible troubles (not problems with this EA)① After restart, the chart parameter fields (especially the time field) on MT4/MT5 may become blankIn that case, resetting restores the display. The program is still functioning even if blank.② Depending on the VPS, after closing and starting MT4/MT5, the EA may disappear from the chart♢ Gogojungle's view on the phenomenon of the EA disappearing from the chart:
There have been occasions after upgrades where the EA disappeared from the chart, but it depends on each EA, so the exact cause is unclear.In our company, we have often seen this occur when multiple MT4 instances on a single PC are upgraded at the same time (possibly due to PC load). Therefore, we upgrade MT4 one by one and confirm that EAs are applied.③ Errors sounding in early morningFX brokers' off-hours or maintenance can cause MT4/MT5 to issue errors or sounds when placing orders.This means you cannot enter or settle even though a order has been placed, but this is not a cause for concern. It will be resolved when the broker's trading hours resume.➃ MT4/MT5 are running and appear active, but the EA is not working.Positions are held and not settled for a long time, which is clearly abnormal.This is not an EA problem but a broader MT4/MT5 application/program issue.If the PC is heavily loaded, MT4/MT5 may be pushed to a near-stop state.To prevent this,preferably restart weekly to re-recognize the EAIf the settlement point has passed, restarting may cause the EA to start working and settle immediately.☆ Frequently Asked QuestionsQ: Is it okay to enable during major economic indicators?Q: Do you recommend stopping during times when the market moves quickly for EA management?A: Do not stop operation (keep automated trading on at all times).In situations where large movements are expected, it is a big risk but also a major opportunity, so we accept all such events as normal operation and keep it within regular operations.♢ This EA (except the swap-focused type) flexibly supports both buy and sell directions and shifts trading direction.In rising phases, it buys; in falling phases, it sells.In that respect as well, we believe it can adapt to readily changing events.♢ The above policy is in place, but ultimately there can be cases where you think, "I should have stopped after all," and trades go badly. In that case, customer discretion allows pausing automated trading or manually closing positions.♢ Caution・Always set a lot size that can withstand any economic indicator releases. ※ In the event of unpredictable major earthquakes or missile attacks causing great chaos, there may be rapid changes; consider emergency stops and manual full settlement as well.(These can also occur in normal discretionary trading, so please respond as appropriate)Q: On weekends, we restart the VPS; will positions or operation be affected after MT4/MT5 restart?Q: If I intend to restart during times when the FX market is closed (weekends), will the EA re-recognize and settle its held positions?Restarting will cause the EA to re-recognize its held positions and proceed to settlement.After reboot, please always confirm that MT4/MT5 is operating normally.Q. Do you intend to keep extending positions across weeks and leave the system to handle them?Yes. It remains ON and runs.In such cases, negative swaps may be large, butcontinuing to operate with the negative swap accepted will maximize performance.※ If you are uneasy about weekend carryover due to sudden fluctuations, you may manually settle at the end of Friday by your own decision.Q. Are there plans to develop an MT5 version?MT5 version is not yet released, but there is a possibility of development in the future, and we will inform you if that happens.↓MT5 version development completed and sale started.
② Tools → Options → Set maximum bars to 20000
Since this EA references past candlesticks, you need to set a relatively high maximum number of bars.
Important③ Set the lot size
The lot size on the sales page is only the initial display lot size.
Be sure to review and modify the lot size for risk management.
Maximum risk in one currency per trade is assumed as 1 currency: 0.1LOT = -20,000 yen; 0.01LOT = -2,000 yen
Please choose whether to use simple interest or compound interest
Simple interest: the standard lot remains the same as the number of lots
Compound interest: as balance increases from trade results, the lot size increases proportionally to the balance.
To help you understand how many lots will actually be,the configured lot size will be displayed on the chart.
Example
Base lot: 0.02
Balance: 1,000,000
Compound balance threshold (how much it increases): 100,000 yen (100k)
Additional lot size: 0.01
In this case, the compound lot size becomes 0.12 LOT
Formula:Base lot 0.02 + additional compound lot 0.10 = 0.12 LOT
➃ Specify maximum number of positions (entry split count)
Up to the maximum number of positions, positions will be activated for each method in sequence.Entries and take-profits will be activated at different timings, providing a diversification of riskbenefits.
Normally, risk is reduced by lowering the lot size, but you would use this when you want to control risk by specifying a maximum number of positions.
Example: Position limit "1": limit one position per currency.
Since the lot size and position count are known in advance, risk management is easier and behavior/trade history becomes simple.
Day trading method determines whether to settle at the end of the day (early morning 5:00–6:00).
⑤ Setup (MT4) For MT5, enable algorithmic trading
⑦ Maintain MT4/MT5
♢ EA version upgrade work
The EA is regularly upgraded. An email with the subject 'Important' will be sent from Gogojungle.
The upgrade method is possible even while you hold positions.
After deleting the old EA, please apply the new EA.
At that time, you will need to set lot size, etc.
♢ MT4/MT5 upgrade work
Apart from automated trading EAs, MT4/MT5 may also undergo periodic upgrades. If you do not perform this, automated trading may stop functioning.Doing upgrades may be necessary to keep automated trading functioning.
Please follow the upgrade request emails from FX brokers.
⑧ Keep MT4/MT5 running
If the installed device or VPS is powered off, operation stops.
In other words, if your PC or VPS restarts due to maintenance or updates without you noticing, the automated trading program may stop, so please be careful.
To keep MT4 running under monitoring, in addition to daily PC or smartphone checks, we recommend using REALTRADE to receive stop notices.
♢ REALTRADE stop alert email settings
☆Post-restart verification (not a problem with this EA) If you shut down your PC, do not force-quit it abruptly; please exit MT4/MT5 using normal procedures.
After starting MT4/MT5, please perform the checks below each time.
・The AutoTrading button is ON → Sometimes the AutoTrading button may be turned OFF for some reason.
・EA is applied to one chart per tool and the smiley icon shows it is active on only some charts
→ This can result in 1 of 10 charts not being applied.
・(In MT4) DLL check is enabled for at least one chart with one EA→ After restart, the check may become uncheckedoccasionally.→ The bottom-right network receive graph functioning indicates MT4 is active.If an older version or common error is shown, MT4 is not running.These issues can occur due to platform, trading environment, server load, or unstable internet connections.As a precaution for MT4/MT5 usage, please check at least once a week if possible.
⑨ Confirm the Magic Number
The magic number must be different from other EAs. Check that it does not overlap with other EAs.
If you are using only this product EA,the same magic number between multiple currencies is fine. You can use it without changing the default.
If you are using other EAs, set a different number to avoid management mistakes.
Numbers differ by product.
☆ Other features(Settings are possible, but generally no changes required (parameter settings)♢ Spread filterSet the acceptable spread at entry (within a certain range).
Initial setting: 1.0 recommended = the "10" spread display on MT4/MT5
Accounts with fees separate from spreads may require even stricter settings
◇ Consecutive entry limit
Prevents immediate re-entry after settlement.
When performing full tests, turning off this feature can speed things up.
☆ If you encounter this
Q. It takes long for entry and settlement to occur
Q.Sometimes there are large unrealized losses, causing anxiety
A. If a large unrealized loss occurs, it can be worrisome if stop losses do not trigger.
Please verify that your held positions are correct.
♢ Check held positions
you can also see the entry in the sales page trade history.
If you append#lz-forwardto the end of the sales page URL, you can jump to the trading history immediately.
https://www.gogojungle.co.jp/systemtrade/fx/69075#lz-forward
Assign a product number to the green section
After purchase, you can confirm whether your positions are properly operating, including entry times and held positions.
Note: The fill time may differ by environment or account by a few minutes.
※There is a trading logic where take-profit timing changes depending on the time of introduction of the EA.
※ Due to these differences, it may occur that you trade on Gogojungle's page but you did not enter, or vice versa.
This is a common phenomenon that can occur frequently.
☆ Other possible troubles (not problems with this EA) ① After restart, the chart parameter fields (especially the time field) on MT4/MT5 may become blankIn that case, resetting restores the display. The program is still functioning even if blank.② Depending on the VPS, after closing and starting MT4/MT5, the EA may disappear from the chart♢ Gogojungle's view on the phenomenon of the EA disappearing from the chart: There have been occasions after upgrades where the EA disappeared from the chart, but it depends on each EA, so the exact cause is unclear.
In our company, we have often seen this occur when multiple MT4 instances on a single PC are upgraded at the same time (possibly due to PC load). Therefore, we upgrade MT4 one by one and confirm that EAs are applied.
③ Errors sounding in early morning
This means you cannot enter or settle even though a order has been placed, but this is not a cause for concern. It will be resolved when the broker's trading hours resume.
This is not an EA problem but a broader MT4/MT5 application/program issue.
To prevent this,preferably restart weekly to re-recognize the EAIf the settlement point has passed, restarting may cause the EA to start working and settle immediately.
☆ Frequently Asked Questions
Q: Is it okay to enable during major economic indicators?
Q: Do you recommend stopping during times when the market moves quickly for EA management?
A: Do not stop operation (keep automated trading on at all times).
In situations where large movements are expected, it is a big risk but also a major opportunity, so we accept all such events as normal operation and keep it within regular operations.
♢ This EA (except the swap-focused type) flexibly supports both buy and sell directions and shifts trading direction.
In rising phases, it buys; in falling phases, it sells.
In that respect as well, we believe it can adapt to readily changing events.
♢ The above policy is in place, but ultimately there can be cases where you think, "I should have stopped after all," and trades go badly. In that case, customer discretion allows pausing automated trading or manually closing positions.
♢ Caution
・Always set a lot size that can withstand any economic indicator releases.
※ In the event of unpredictable major earthquakes or missile attacks causing great chaos, there may be rapid changes; consider emergency stops and manual full settlement as well.
(These can also occur in normal discretionary trading, so please respond as appropriate)
Q: On weekends, we restart the VPS; will positions or operation be affected after MT4/MT5 restart?
Q: If I intend to restart during times when the FX market is closed (weekends), will the EA re-recognize and settle its held positions?
After reboot, please always confirm that MT4/MT5 is operating normally.
Q. Do you intend to keep extending positions across weeks and leave the system to handle them?
Yes. It remains ON and runs.
In such cases, negative swaps may be large, but
continuing to operate with the negative swap accepted will maximize performance.
※ If you are uneasy about weekend carryover due to sudden fluctuations, you may manually settle at the end of Friday by your own decision.
Q. Are there plans to develop an MT5 version?
MT5 version is not yet released, but there is a possibility of development in the future, and we will inform you if that happens.
↓
MT5 version development completed and sale started.