“Dow Theory” Automated Trading EA Product Manual Updated 2025/12/30
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☆Settings that require対応
①Open display of 5 currency 1-hour charts and install EA on five charts
This EA is for simultaneous operation of five currencies: USDJPY, EURJPY, EURUSD, GBPJPY, and GBPUSD.
(Installing on only one chart will not enable five-currency simultaneous operation)
The swap-focused EA (69233) operates on USDJPY, EURJPY, and GBPJPY together for simultaneous operation.
This EA can work with any one of the above currencies, but maximum performance is achieved when operating all five currencies simultaneously.
Operating five currencies simultaneously not only increases profits from more trades but also stabilizes risk and timing through diversification.②Tools → Options → set Maximum Bars to 20000This EA refers to past candlesticks, so a larger maximum bar setting is necessary.Important③Set the lot size(initially around 0.05 LOT or less recommended)The lot size on the sales page is for display only.Please always adjust the lot size for risk management.Estimated maximum risk per currency per trade1 currency: 0.1 LOT = -25,000 yen; 0.01 LOT = -2,500 yenExample: To keep a single loss within -5%, with funds of 1,000,000 yen, use 0.04 LOT per currency (maximum -10,000 yen).→ Maximum risk: 5 currencies simultaneously = -50,000 yen (-5%)④Specify maximum number of positions (entry split)Maximum positions specified (default):Positions corresponding to the specified amount will be activated sequentially according to each method.Both entry and take-profit trigger at different timings, providing diversification of risk.There is a risk-diversification effect.Normally, risk is reduced by lowering the lot size, but when you want to control risk by specifying the maximum number of positions, you can use this as well.Example: Position-limited “1” means one position per currency.Since the lot size and position count are easy to know in advance, risk management becomes easier and the behavior and trade history become simpler.⑤Configure MT4⑥Maintain MT4♢EA version upgrade procedureEA is regularly updated. An email with the subject “Important” will be sent from Gogojungle.The upgrade method can be done even while you hold positions.After deleting the old EA, apply the new EA.In doing so, you will need to adjust parameters such as lot size and day trading settings.♢MT4 upgrade procedureSeparately from the automated trading EA, MT4 itself may periodically be upgraded. Not performing this can cause automated trading to stop functioning.There may be times when upgrades are required.Please follow the upgrade requests distributed by your FX provider’s emails.⑦Keep MT4 runningIf the device or VPS with MT4 installed powers off, operation stops.In other words, maintenance or updates on your PC or VPS may cause MT4 automated trading to stop if it restarts while you’re away, so please be aware.To continuously monitor MT4 status, in addition to everyday PC or mobile checks, we recommend using REALTRADE to receive MT4 run notifications.♢REALTRADE active monitoring alert emails☆Check items after MT4 restart (not a problem with this EA)If you restarted, rather than forcing a shutdown, exit MT4 using the normal procedure and then perform the checks below each time.・Automatic trading button is on → Sometimes the auto-trade button turns off for some reason.・EA is applied to one chart per instance and the smiley icons are working,→ There are cases where one out of ten applications is not applied.・DLL checks are in place for at least one MT4 chart→ Sometimes the check can become disabled after restart. ・The network reception graph at the bottom right is functioning→If an older version or common error is displayed, MT4 is not running.These issues can occur due to MT4 platform or trading environment, server load, or unstable internet connection.As a note for MT4 usage, please check this at least once a week if possible.⑧Confirm a Magic NumberIt must differ from other EAs.If you only use this EA,multi-currency use with the same magic number is fine. You can use it without changing the default.When using other EAs, set a different number to avoid management errors.Numbers differ by product.☆Other features(settings are possible, butmostly no change requiredparameters)♢Spread filterSet the allowed spread during entry (within a certain range).Initial setting: 2.0 recommended = MT4 spread display shows “20”Apart from spread, accounts with fees may require stricter settingsThis EA is for major five currencies, butMT4 spread display up to “20” is OK.♢Method on/offRestrict to your preferred methodfor operation and testing.◇Continuous entry limitSetting to prevent immediate re-entry after settlement.When performing all tests, turning off this feature will finish more quickly.◇Depth of profit following on 1-minute chart (M1profit_followingPips)Automatically activates at all entry and settlement times to follow profits on the 1-minute chart.☆When is this used?Q. It seldom enters or exits quicklyA. Compared to scalping, everything feels longer.Average holding time is about 8 hours. Positions may be held for nearly a week, during which negative swaps can be substantial.When entry timing arrives, it tends to enter more intensively, so there may be 2–3 days with no entries.Q. There are many times when unrealized losses are large, which is worryingA. When things are good, unrealized profits can rocket, but it is normal for losses to start unrealized. This is normal behavior for early-stage investments.Q.Sometimes unrealized losses are large, which can be anxiety-inducingA. If large unrealized losses occur, you may worry whether MT4 is functioning if they don’t quickly cut losses.Please verify there are no mistakes in your held positions.♢Check held positionsWhen this product EA is used on a real account and you enter, you can also see the entries on the sales page transaction history.Append “#lz-forward” to the end of the sales page URL#lz-forward to jump directly to the trade history.Example:https://www.gogojungle.co.jp/systemtrade/fx/69075#lz-forwardAssign a product number to the green partAfter purchase, you can confirm whether your positions are operating correctly, check entry times, and verify held positions.※Execution times may vary slightly due to environment and account differences.※ Depending on your FX provider, you may see “trading on Gogojungle’s page but not on your side,” or vice versa.Such phenomena are common.☆Other possible troubles (not problems with this EA)① After restart, the MT4 chart parameter fields (especially time fields) may be blank.In that case, resetting restores the display. The program is still functioning even if blank.② Depending on VPS, when MT4 is closed and started, the EA may disappear from the chart.♢Gogojungle’s view on the phenomenon of the EA disappearing from the chart: There have been cases after MT4 version upgrades where the EA disappears from the chart, but this depends on each EA, so the exact cause is unknown.In our experience, this often occurs when upgrading multiple MT4 instances on a single PC simultaneously (perhaps due to PC load). We upgrade MT4 one at a time and confirm the EA is applied.③ Sometimes there is an error sound in the early morningFX providers may emit errors or sounds when MT4 places orders outside trading hours or during maintenance.This means you cannot enter or settle even though an order was placed, but this is not a major worry. It will be resolved when the FX provider’s trading hours resume.④ MT4 appears to be running, but the EA is not active.Holding positions and not settling for an unusually long time is clearly unnatural.This is not a problem with the EA but with the MT4 app/program itself.If the PC is heavily loaded, MT4 can fail just before stopping.To prevent this,please restart once a week if possible to reinitialize the EA.If the settlement point has passed, restarting may cause the EA to act and settle immediately.☆Frequently Asked QuestionsQ. Is it okay to run during major economic indicators?Q. Do you recommend suspending operation during times of high market movement for EA management?A. Do not suspend operation (keep automatic trading on at all times).In situations where large movements are expected, there are both high risks and high opportunities, so we consider these within normal operation during special events.Therefore, such events are treated as within normal operation.♢This EA flexibly handles both buying and selling and shifts trading direction accordingly.In rising markets, it buys; in falling markets, it sells.In this respect as well,even if there are events that tend to move the market, we believe it can respond adequately to those changes.♢The above policy holds, but you may manually close positions in an emergency while holding positions, and it is not a problem.As a result, there may be times when it would have been better not to do it.Ultimately, whether to stop automated trading is up to you.♢Important notes・Always ensure you can withstand any economic indicator announcements by keeping a sufficiently large LOT size。※ In the event of unpredictable major earthquakes or missile attacks causing great chaos, sudden changes may occur, so consider emergency stop and manual full settlement as well.(This can also occur in regular discretionary trading, so please respond accordingly.)Q. Will VPS be restarted on weekends, and will there be issues with positions or operation after MT4 restart?Q. I’m planning to restart during times when the FX market is closed (weekends). In that case, will the EA re-recognize positions and proceed to settlement?Restarting will cause the EA to re-recognize held positions and proceed to settlement.After reboot, please confirm that MT4 is operating normally each time.Q. Do you intend to keep positions across weeks managed by the system?Yes. It will stay ON and operate.During this, negative swaps can be large, butcontinuing operation with acceptance of the negatives maximizes performance.※If you are uneasy about carrying over during weekends due to sudden fluctuations, you may manually settle at the end of Friday.Q. Is there a plan to develop a MT5 version?The MT5 version is not yet released, but there is potential for future development, and we will inform you if it becomes available.
②Tools → Options → set Maximum Bars to 20000
This EA refers to past candlesticks, so a larger maximum bar setting is necessary.
Important③Set the lot size(initially around 0.05 LOT or less recommended)
The lot size on the sales page is for display only.
Please always adjust the lot size for risk management.
Estimated maximum risk per currency per trade1 currency: 0.1 LOT = -25,000 yen; 0.01 LOT = -2,500 yen Example: To keep a single loss within -5%, with funds of 1,000,000 yen, use 0.04 LOT per currency (maximum -10,000 yen).
→ Maximum risk: 5 currencies simultaneously = -50,000 yen (-5%)
④Specify maximum number of positions (entry split)
MaximumPositions corresponding to the specified amount will be activated sequentially according to each method.Both entry and take-profit trigger at different timings, providing diversification of risk.There is a risk-diversification effect.
Normally, risk is reduced by lowering the lot size, but when you want to control risk by specifying the maximum number of positions, you can use this as well.
Example: Position-limited “1” means one position per currency.
Since the lot size and position count are easy to know in advance, risk management becomes easier and the behavior and trade history become simpler.
⑤Configure MT4
⑥Maintain MT4
♢EA version upgrade procedure
EA is regularly updated. An email with the subject “Important” will be sent from Gogojungle.
The upgrade method can be done even while you hold positions.
After deleting the old EA, apply the new EA.
In doing so, you will need to adjust parameters such as lot size and day trading settings.
♢MT4 upgrade procedure
Separately from the automated trading EA, MT4 itself may periodically be upgraded. Not performing this can cause automated trading to stop functioning.There may be times when upgrades are required.Please follow the upgrade requests distributed by your FX provider’s emails.
⑦Keep MT4 running
If the device or VPS with MT4 installed powers off, operation stops.
In other words, maintenance or updates on your PC or VPS may cause MT4 automated trading to stop if it restarts while you’re away, so please be aware.
To continuously monitor MT4 status, in addition to everyday PC or mobile checks, we recommend using REALTRADE to receive MT4 run notifications.
♢REALTRADE active monitoring alert emails
☆Check items after MT4 restart (not a problem with this EA) If you restarted, rather than forcing a shutdown, exit MT4 using the normal procedure and then perform the checks below each time.・Automatic trading button is on → Sometimes the auto-trade button turns off for some reason.
・EA is applied to one chart per instance and the smiley icons are working,
→ There are cases where one out of ten applications is not applied.
・DLL checks are in place for at least one MT4 chart→ Sometimes the check can become disabled after restart.The network reception graph at the bottom right is functioning→If an older version or common error is displayed, MT4 is not running.These issues can occur due to MT4 platform or trading environment, server load, or unstable internet connection.As a note for MT4 usage, please check this at least once a week if possible.
⑧Confirm a Magic Number
It must differ from other EAs.
If you only use this EA,multi-currency use with the same magic number is fine. You can use it without changing the default.
When using other EAs, set a different number to avoid management errors.
Numbers differ by product.
☆Other features(settings are possible, butmostly no change requiredparameters)♢Spread filterSet the allowed spread during entry (within a certain range).
Initial setting: 2.0 recommended = MT4 spread display shows “20”
Apart from spread, accounts with fees may require stricter settings
This EA is for major five currencies, butMT4 spread display up to “20” is OK.
♢Method on/off Restrict to your preferred methodfor operation and testing.
◇Continuous entry limit
Setting to prevent immediate re-entry after settlement.
When performing all tests, turning off this feature will finish more quickly.
◇Depth of profit following on 1-minute chart (M1profit_followingPips)
Automatically activates at all entry and settlement times to follow profits on the 1-minute chart.
☆When is this used?
Q. It seldom enters or exits quickly
Q. There are many times when unrealized losses are large, which is worrying
Q.
♢Check held positions
Append “#lz-forward” to the end of the sales page URL#lz-forward to jump directly to the trade history.
https://www.gogojungle.co.jp/systemtrade/fx/69075#lz-forward
Assign a product number to the green part
After purchase, you can confirm whether your positions are operating correctly, check entry times, and verify held positions.
※Execution times may vary slightly due to environment and account differences.
※ Depending on your FX provider, you may see “trading on Gogojungle’s page but not on your side,” or vice versa.
Such phenomena are common.
☆Other possible troubles (not problems with this EA) ① After restart, the MT4 chart parameter fields (especially time fields) may be blank.In that case, resetting restores the display. The program is still functioning even if blank.② Depending on VPS, when MT4 is closed and started, the EA may disappear from the chart.♢Gogojungle’s view on the phenomenon of the EA disappearing from the chart: There have been cases after MT4 version upgrades where the EA disappears from the chart, but this depends on each EA, so the exact cause is unknown.
In our experience, this often occurs when upgrading multiple MT4 instances on a single PC simultaneously (perhaps due to PC load). We upgrade MT4 one at a time and confirm the EA is applied.
③ Sometimes there is an error sound in the early morning
This means you cannot enter or settle even though an order was placed, but this is not a major worry. It will be resolved when the FX provider’s trading hours resume.
④ MT4 appears to be running, but the EA is not active.
This is not a problem with the EA but with the MT4 app/program itself.
To prevent this,please restart once a week if possible to reinitialize the EA.If the settlement point has passed, restarting may cause the EA to act and settle immediately.
☆Frequently Asked Questions
Q. Is it okay to run during major economic indicators?
Q. Do you recommend suspending operation during times of high market movement for EA management?
A. Do not suspend operation (keep automatic trading on at all times).
In situations where large movements are expected, there are both high risks and high opportunities, so we consider these within normal operation during special events.Therefore, such events are treated as within normal operation.
♢This EA flexibly handles both buying and selling and shifts trading direction accordingly.
In rising markets, it buys; in falling markets, it sells.
In this respect as well,
even if there are events that tend to move the market, we believe it can respond adequately to those changes.
♢The above policy holds, but you may manually close positions in an emergency while holding positions, and it is not a problem.
As a result, there may be times when it would have been better not to do it.
Ultimately, whether to stop automated trading is up to you.
♢Important notes
Q. Will VPS be restarted on weekends, and will there be issues with positions or operation after MT4 restart?
Q. I’m planning to restart during times when the FX market is closed (weekends). In that case, will the EA re-recognize positions and proceed to settlement?
After reboot, please confirm that MT4 is operating normally each time.
Q. Do you intend to keep positions across weeks managed by the system?
continuing operation with acceptance of the negatives maximizes performance.
Q. Is there a plan to develop a MT5 version?
The MT5 version is not yet released, but there is potential for future development, and we will inform you if it becomes available.