Was the divine grab of 1000 pips per hit an inspiration from above!? & EA "Super Recovery" Progress Update
Last week was a turbulent USD/JPY period, but how have you been?
I have renamed my nickname to "EA-Designer-Kuu" and hope to continue sharpening my skills as an EA designer from here on.
I am 61 years old this year, but I still strive to take on new challenges and stay sharp in my old age.
https://www.gogojungle.co.jp/systemtrade/fx/46181
And my personal real account is also running the same EA with the same parameters as Gogojungle.
Super Recovery took its first position last Monday, and from Tuesday onward it took 12 positions specified by the parameters.
Of course, the entry points in forward testing on Gogojungle and the real account forward tests were exactly in the same situations.
Exits on Gogojungle were discretionary-less, determined by the EA to reach break-even.
In the real account, by discretionary judgment, the result was dramatically different with a single 1200 pips gain, an extreme outcome.
For details, there is a video.
The real account, backtests, and Gogojungle forward tests are almost perfectly aligned.
However, in a recent minor validation result, at the stage when Super Recovery executes 12 positions, the original parameter allows up to 12 positions, but in one of the Gogojungle forward tests, it took 15 positions.
Why Gogojungle forward test alone took 15 positions remains unknown.
In the other Gogojungle forward test, it functioned normally with 12 positions.
In the real account it was 12 positions, and in the backtest it was also 12 positions, so we will watch how things unfold.
And while holding those 12 positions, as the price of USD/JPY rose to just 3 pips before the limit at 150 yen, I felt a “bad omen.”
It wasn’t a "love omen" but a "bad omen."
With the price action near the limit, I was quietly watching the 6-minute and 3-hour charts of USD/JPY when...
I received a newsletter from a certain company.
There it said, “There is caution that the Japanese government may intervene in the forex market around 150, which could lead to a heavy overhead on prices...”
Indeed, USD/JPY had risen to near 150 by 3 pips, and there seemed to be a heavy overhead movement.
Just before the limit, something seemed to lag, and then a certain intuition struck me.
It felt almost like a divine omen.
In the next moment, my hand automatically closed all 12 positions that the EA had in the real account.
A few tens of minutes later...
As soon as I thought it had exceeded 150, there was a sharp drop of 300 pips...
This is the accompanying evidence image.
I am currently conducting a forward test on the completed real account of Super Recovery, so basically I do not manually close positions unless something extraordinary occurs.
This time was an exception, an extraordinary case where government forex intervention + milestone limit approaching = a strong chance of a negative omen, so it felt like divine judgment, but such occurrences are rare.
And just to be clear, I am not saying that you should always manually close EA-entered positions.
I just happened to have an episode like this, so I thought it would be interesting to write about it.
Basically, I recommend non-discretionary trading for EAs.
Because in the initial EA settings the stop loss is 117 pips.
So what would happen if you manually closed at 10 pips take profit every time? Imagine it.
A risk-reward of 117:10 makes it an overwhelmingly unfavorable trading style.
Even if you have 10 straight wins, one loss wipes out all profits, right?
Please interpret the article without misunderstanding this point.
And finally, the purpose of this article is to sell both the indicator Recovery and the EA Super Recovery, which is actually included here.
That is to sharpen discretionary judgment in one sentence.
Whether sold as an EA alone or as a set with the indicator, the price is effectively the same at 110,000 yen, but the real intent is to have you acquire discretionary judgment through the indicator.
In other words, since the EA alone costs 110,000 yen, the indicator can be used for free.
However, you need to purchase the indicator first.
If time is too tight, using the EA alone is fine, but if you are considering discretionary trading or have experience, I recommend purchasing the two-set.
See you again!