EA Programming Seminar [Practical Course] Tokyo Market Noon Rate & Gotō Daily Trade Edition Review
Comprehensive Disclosure of the Logic and Source Code for a Day Trading EA Based on the Tokyo Market Fixing and Gotō Dates!
In this seminar, we fully disclose the logic and source code of a day-trading EA that uses the Tokyo Market Fixing and Gotō dates as its basis.
The Tokyo Market Fixing refers to the rate that serves as the reference for foreign exchange transactions by financial institutions such as banks.
It is determined with reference to the exchange rate at 9:55 a.m. Japan time.
When exchanging Japanese yen into foreign currency for travel abroad, there is a spread between the rate when converting to foreign currency and when converting back to yen, and the Fixing sits roughly in the middle of that range.
Transaction rates determined at the Fixing are typically applied for the rest of that day unless there are substantial currency fluctuations.
Next, Gotō dates refer to days that include the 5th, 10th, 15th, 20th, 25th, and 30th of each month—days that bear the numbers 5 and 10.
On Gotō days, corporate settlements surge, causing actual USD demand to rise, and USD/JPY tends to rise toward the Tokyo Market Fixing (9:55 a.m. Japan time).
Moreover, after 10:00 a.m. Japan time, the market settles, and the tendency shifts toward a drop.
In this seminar, you will aim to achieve a complete understanding of the concepts of time and day of the week, i.e., the so-called “MT4 time concept.”
Furthermore, once you understand the MT4 time concept, you will be able to apply it broadly, not only to Tokyo Market Fixing and Gotō dates.
Details here
EA Programming Seminar [Practical Course] Tokyo Market Fixing and Gotō Date Trading