Z3 that can be operated with multiple currencies and small funds
Campaign running until July 16, 2017!
"Z3" that can be operated with multiple currency pairs and small capital
There are quite a few supported currency pairs listed, but the recommendation is
4–5 major pairs with low spreads.
On fx-on Forward, four pairs: EURUSD, USDJPY, EURJPY, and AUDUSD
are operated simultaneously at 0.02 lots,
so far the recommended margin has been very low at 80,000 yen.
Pips earned to date are as follows.
Because fixed-pip stop losses are not used, monthly earnings are rarely negative.
◆Entry & Exit
Entries are made by pullback buying, similar to discretionary trading!
A dedicated indicator is used for entry and exit.
Basically, there is no fixed-pip stop; exits are based on the timing of the logic.
◆Two-stage profit-taking to secure profits while extending gains
Entry lots for parameters must be quantities divisible by 2, such as 0.02, 0.1, 0.2. If you enter at 0.02 lots, you will close in 0.01-lot increments.
This allows you to secure profits and either settle at break-even or push profits further into the positive.
◆Maximum number of positions is fixed, so you won’t hold unlimited positions
Parameter changes are possible, butthe max positions is 5,
margin control is easy.
Margin varies by currency pair, but you could base the lot calculation on 5x the highest margin among the pairs and allocate that portion of your account to the lot calculation.
to the account and calculate the lots accordingly.
◆Maximum Drawdown Awareness
◆Maximum drawdown inferred from forward results is 20%
For a base lot of 0.02, the maximum drawdown amount was 16,922 yen.
At that time, I'm not sure how many positions were held, but in terms of pips, the drawdown was about 388 pips..
◆Forward operation with 15 currency pairs
The author Wel has published forward operation for 15 currency pairs.They have.
With 15 currency pairs, it is 187 USD, so profits are about 80% higher than running four pairs.Indeed.
Maximum unrealized P/L for 15-pair operation is “-707 pips”.
Trades by currency pair. From here you can decide which currency pairs to operate.
【Summary】
The only concern is that you must decide your own acceptable loss amount, but
Backtest data with a setting of 0.02 lots per 1 currency pair for $100 showed some years where maximum drawdown exceeded 50%, so
0.01 lots per $100 seems perfectly fine.
Forward operation for four months yields a 14% return; simply extrapolated for a year suggests about 42% annual return for this EA!
We look forward to future forward results!
3,000 yen OFF until 2017/7/16!
