discretionary logic of the middle-rate trading turned into EA! Beatrice NK01 that captures the price movements specific to Tokyo time
Bea-chan × Feature Phone Trader Collaboration Births the Value-Exchange Trade EA
■ Collaboration product with the Feature Phone Trader!
This "Beatrice NK01" is a collaboration product with Bea-chan, the creator of the highly acclaimed "Beatrice" series from many traders,https://www.gogojungle.co.jp/users/110950, and the Feature Phone Trader, who is active in numerous media and securities company events.
Videos where the two explain how to select, use, and think about EAs are included in the FX Learning Unlimited service "Money Up," so please refer to it as well.Money Up
■What is the Value Exchange Trade?
The Value Exchange Trade is a trading method that focuses on price movements during the value exchange period.Value exchange refers to the rate for the day applied when customers trade foreign currencies at banks and other financial institutions, determined at 9:55 Japan time. The value exchange period tends to see currency fluctuations as companies engage in foreign exchange for business settlement, so this characteristic movement is used for trading as a strategy.
“Beatrice NK01” is a realization of the method of Bea-chan, who has been practicing the value exchange trade since the early days of FX, into an EA with an advantageous logic. Once you set up the EA, it trades automatically, soeven office workers who work during the day can enjoy the benefits of the value exchange trade.
■ USD/JPY Dedicated scalping-oriented EA
This product targets USD/JPY on a 1-minute chart and is a scalping-to-day-trading type EA. While the value exchange trade is commonly known for buying positions, "Beatrice NK01" also enters selling positions.
Positioning as a model for small-amount fund management in the "Beatrice" series, it is attractive because you can use it without preparing large funds. It tends to be more scalping-oriented, so operate with a low-spread FX company. By the way, the lot size is up to a maximum of 6 lots, and any larger value is processed as 6 lots.
Also, when setting up the EA, be mindful of timing:avoid the year-end/new year period (late December to early January), late April, and weeks with major economic indicators. Doing so can prevent unexpected losses.
■ Maintains high performance in forward testing
▲ There is no large drawdown, and profits are steadily accumulated.
■ Long-term backtest results are also outstanding
▲ Backtest results from August 3, 2003 to August 1, 2019, about 16 years. A clean upward-sloping equity curve is shown.
EA “Beatrice NK01” (Author: Bea-chan)
https://www.gogojungle.co.jp/systemtrade/fx/19858