【Breaking News】Dr. Neko's new release is a late-night trading EA for AUDCAD! - Featured products and services - Navi+ - GogoJungle | Auto Trading - Market Analysis

The new release from popular seller "Cat Doctor" is here!

It's a late-night trading EA for AUD/CAD ★

『

There are still few forward results, but

What kind of EA is it?

【Midnight_Coala Overview】

Currency pair: [AUD/CAD]

Trading style: [Scalping]

Maximum number of positions: 3; Other: can be configured freely up to 10

Timeframe used: M5

Maximum stop loss: 8 pips; others: (up to 88 pips) modification orders will be placed as appropriate

Take profit: 100 pips; others: (up to 180 pips) modification orders will be placed as appropriate

Huh?! Stop loss at 8 pips?!

That's an intriguing specification!

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～ EA_Midnight_Koala ～

This EA is,

An EA targeting the somewhat unusual currency pair "AUD/CAD".

AUD/CAD has relatively narrow spreads,

and not very volatile,

so it is designed to trade by leveraging that characteristic.

As for the EA's features,

It enters around 0:00–5:00 at night,

and in most cases is settled within the next day,

which is the trading style.

Also, since it is "Australian Dollar (AUD) × late-night entry,"

the naming is as the title suggests.

Also, if you hold a position around 5 a.m.,

to aim for larger profits,

it includes modification orders that widen TP and SL by about 80 pips.

Therefore, at first,

entry will be at "TP=8, SL=100",

and afterward, depending on the situation, modification orders will widen both TP and SL by about 80 pips,

so it effectively enters as "TP=88, SL=180,"

Please keep this in mind when running.

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That’s it!

【Backtest Analysis】

Let’s take a quick look at the backtest!

By year, 2008 stands out with particularly high profits

Does that mean larger price moves yield larger gains?

Entry time is about 0:00–5:00 Japan Time (5 hours)

Looking by month, there are few negative months—that's notable!

【Recommended Margin】

The AUD/CAD margin is actually lower than USD/JPY (*^^*)

About 35,000 yen per 0.1 lot.

The maximum drawdown per 0.1 lot is $872, so

(3.5) + (9*2) = 21

0.1 lot can be operated with about 210,000 yen.

The average annual profit over the last 5 years is $884, about 90,000 yen

(+42% annual return)

In the last 13 years, average annual profit is $905, about 99,000 yen

(+47% annual return)

That’s the gist!

An annual return of over 40% seems likely (with max drawdown around 50%).

The forward is still short, so it might be wise to wait a bit longer, though

As an AUDCAD time-limited EA, it could also fit well in a portfolio!

EA_Midnight_Koala
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