What are the advantageous times to buy USD/JPY? A 13-year survey, Part 4
Hello!
This is Satori, researching FX.
This time we will deliver “What are the advantageous time periods for buying USD/JPY? 13 years of research, Part 4.”
Last time, using “Counter-Trend Scenario RSIBandsEA 8-currency set,” we performed optimization for 13 years for buying in DailyTrade, and you viewed the balance curve of the 15:00 entry with the highest net profit and the MT4 report.
http://fxmt4indicator.abproducts.biz/wp/?page_id=1554
This time, let us look at the balance curve and MT4 report for the 6:00 entry time with the highest net profit.
http://fxmt4indicator.abproducts.biz/wp/?page_id=1554
This time, let us look at the balance curve and MT4 report for the 6:00 entry time with the highest net profit.
http://livedoor.blogimg.jp/fxmt4indicator/imgs/7/7/77e6ec90.gif
As shown in the figure above, the second red frame is the buy/sell result for the 6:00 USD/JPY entry.
The balance curve for a starting 1,000,000 yen around 6:00 for 13 years is shown below.
http://livedoor.blogimg.jp/fxmt4indicator/imgs/4/9/497c4112.gif
During the first half of the 13 years, 2005–2012, the balance decreased, and since 2013 when USD/JPY mainly broke through the 70–80 yen range, it has been generally trending upward.
From this balance curve, it may be better to optimize in the latter period from 2013 onward.
Because, as of 2018, optimizing including data in the 70–80 yen range could reduce performance.
Incidentally, as trading rules, similar to the 15:00 entry, both take profit and stop loss are 50 pips, with about three sigma of Bollinger Bands used to take profits and stop losses.
Also, when adding a 6 pips unrealized profit, for a buy position the stop is raised to the 1 pip profit level.
The MT4 report is shown below.
http://livedoor.blogimg.jp/fxmt4indicator/imgs/b/6/b6417f63.gif
Win rate is 80%.
Compared with the 15:00 entry, the notable points are the maximum consecutive wins.
For the 15:00 entry, the maximum win streak was 18 wins (4 losses), but for the 6:00 entry it was 36 consecutive wins (3 losses).
Furthermore, for the five most recent years and four months since January 2013, net profit is 137,107 yen for the 15:00 entry, and 182,763 yen for the 6:00 entry, showing an increase.
Moreover, since the 6:00 entry began in January 2013, starting from a slight loss, total profits rose sharply in the latter five years and four months.
From these results, optimization period being longer is not necessarily better.
Next time, we will deliver “Which weekdays are advantageous for USD/JPY buys? 13 years of research, Part 1.”
This time, the focus will be on which weekdays are advantageous rather than time of day.
This time, the focus will be on which weekdays are advantageous rather than time of day.
Thank you again for reading up to here today.
Take care and stay healthy.
Technical Trade Blog Ranking
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Publisher: Art Brain Products
FX Technical Strategy Researcher
Satori Heart
Email: info at mark abproducts.biz
Blog: Fibonacci Retracement FX Research:http://fxmt4indicator.blog.jp/
Indicators, Tools & EA:http://fxmt4indicator.abproducts.biz/wp/
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