Break away from conventional thinking! An explanation video for the start-move EA "Copernicus Basic USDJPY Edition" (author: Reiwa no Doublei) which is neither a trend-following nor a counter-trend approach.
EA "Copernicus Basic USDJPY Version" (Author: Reiwa-no-double-i) explained in video!
The seller Reiwa-no-double-i (https://www.gogojungle.co.jp/users/112481) started FX in 2013. He was originally a discretionary trader, but began developing EAs to test whether a trading method that once ranked in the top 10 nationwide would remain profitable over a long period. He has developed and listed many EAs to date.
The sale of this "Copernicus Basic USDJPY Version" began on November 12, 2018, and in about a year of real-world operation, it has not dipped into the negative zone even once and has shown stable performance.
A scalping-type EA that supports USDJPY, and uses a 5-minute time frame. Unlike existing EAs,there is no concept of trend-following or counter-trend; it functions in both trending and ranging markets.
Also, a key point is that you do not hold a position while the market is moving.It is designed to enter when the market does not move much, thereby reducing the risk of large losses.
Furthermore,it follows profit-taking and stop-loss moves, enabling high-probability trades. A weekend close feature is also installed, so you can use it with peace of mind if you do not want to carry positions over the weekend.
■ Settlement patterns
① Settlement based on internal logic
② Multiple fixed take-profits (TP) and fixed stop-loss (SL) to respond flexibly to the market
③ Trailing stop to maximize profits
④ Exit point changes to minimize losses when a drawdown continues
■ Forward test
■ Backtest
▲ An ultra-long backtest result from 2000 to 2017. It shows a clean upward trend, steadily accumulating profits.
▲ Under strict conditions with a spread of 3.0 pips it demonstrates high performance.
EA "Copernicus Basic USDJPY Version" (Author: Reiwa-no-double-i)
