【FX MT4 Automatic Trading】 Introducing the scalping EA “RIndex_AUDJPY” that steadily stacks profits even in COVID market conditions!

Forward performance since the date is as follows.

Hover over to display the date and profit amount for verification.

Since this EA was released this year, the forward period is just under 2 months (as of March 16, 2020).

◆Features

・High-frequency trading

　　From backtesting data from 2005 to 2020approximately 7,000 trades in about 15 yearshave been executed.

This equates to about 1–2 trades per day.

Actual forward results show roughly the same trading frequency.

More trades do not always mean better, but

the data reliability also increases, so many people use this as a criterion when selecting EAs.

・Weekend filter

　　Many people worry about holding positions over the weekend when markets are closed on Saturdays and Sundays.

To avoid large price gaps and big losses at the start of the week,

this EA includes a setting to turn weekend holding ON or OFFON・OFF.

Holding over the weekend can yield big gains, butit can become gambling trading, so personally I think

it is better not to hold over the weekend.

・Compounding feature

　　The compounding feature also hasON・OFF options.

This is also a personal opinion, but

in the early stage of use,I recommend starting with it OFF.

Of course, if performance is stable and trending upward, using compounding may be fine, but

since it has only been on sale for about 2 months and has high-frequency trading, data is still limited.

If win rate remains high, compounding could dramatically increase profits,

but it might be better to assess after getting used to it.

In particular, those with insufficient spare funds should be careful with the compounding feature.

・Spread filter

　　During major announcements or significant news, prices can move sharply.

In such cases spreads often widen considerably.

This depends on the broker, but trading when spreads are wide can be very disadvantageous.

With this

Spread Filter, if the spread exceeds a certain value, trades are not executed.

Around such indicator releases, many people stop using the EA because spreads widen, so being mindful of this is important.

◆Backtest

Finally, the backtest data.

The period is from January 3, 2005 to January 23, 2020.

This time we introduced koz-kay, who is selling RIndex_AUDJPY.

Although this EA was born this year, it has delivered consistent results even amid recent large currency fluctuations.

We will continue to watch this product closely.

We hope this helps you in choosing an EA.