Financial business operator Kanto Finance Bureau Director (Financial) No.1960/Member Association Japan Investment Advisers Association Member Number 012-02324

BoribanneoV3

BoribanneoV3 Auto Trading
Expert Advisors
MetaTrader 4
Sales from
2/7/2017
Last Updated At
5/25/2018
Version
3.8
My Profile
アオタロウ
  • Whole period
  • 2 years
  • 1 year
  • 6 months
  • 3 months
  • 1 month
Profit
-125,074JPY
Profit Factor
0.98
Rate of return risk  ?
-0.39
Average Profit
11,778JPY
Average Loss
-11,097JPY
Balance  ?
874,926JPY
Rate of return (all periods) ?
-11.35%
Win Rate
48.10% (354/736)
Maximum Position  ?
2
Maximum Drawdown  ?
25.64% (324,504JPY)
Maximum Profit
66,424JPY
Maximum Loss
-63,756JPY
Recommended Margin  ?
1,102,050JPY
Unrealized P/L
-3,783JPY
Deposit  ?
1,000,000JPY
Currency
JPY- Account
Operable Brokers
Usable with MT4-adopting brokers.
※EA measurement is stopped

Forward testing (Profit)

Product Statistics
Product Comments

Monthly Statistics

2026
2025
2024
2023
2022
  • Jan
  • Feb
  • Mar
  • Apr
  • May
  • Jun
  • Jul
  • Aug
  • Sep
  • Oct
  • Nov
  • Dec

Calendar for Months

About EA's Strategy

Translating...

Currency Pairs
[USD/JPY]
Trading Style
[Day Trading] [Swing Trading]
Maximum Number Position
2
Maximum Lot
5
Chart Time Frame
M1
Maximum Stop Loss
50
Take Profit
30
Straddle Trading
Yes
Application Type
Metatrader Auto Trading
Other File Usages
No
The short-term trend is determined and the entry is made from the Bollinger Band setting value to the opposite side. Although the winning rate is not high, a stable total profit can be expected. When the trend changes, the opposite trade may be made, resulting in both sides of the trade. You can use it right away by putting the file in the Expert folder without worrying about the time. Although the drawdown is not large, we recommend that you manage your money well and set the lot size with a margin. This is not a type of trading that aims for short-term profit. The parameters are recommended values, but the maximum number of positions, the number of lots, the duration of Bollinger Bands, the stop loss, and the target can be changed. Basically, we recommend using the recommended values. The default setting is USD/JPY, although it is possible to change the setting to EUR/JPY, etc. USD/JPY is the most stable currency pair, so we recommend using this currency pair. This is a simple EA with minimal functionality and emphasis on logic. It is designed to be used with both sides of the pair, so it does not have an ON/OFF function for both sides of the pair. Therefore, it is not recommended for those who do not like to use both sides. Main functions - Spread filter (setting value can be changed) - Compound interest management setting (OFF possible) - Trade time setting (2 types) - Trade day setting - Weekend-only entry end time setting - Weekend forced settlement function ---------------------------Boribanneo V3 Manual ------------------------------ This EA uses the 5-minute Bollinger Bands as an indicator to aim for a push. The chart used is 1 minute. The recommended account is Oanda Japan Tokyo server due to the balance of spread stability and execution power. The default setting does not have a very high winning rate, but the concept is to repeat a step back and forth and leave a stable margin profit over a long period of time. We have purposely avoided adding a trail order function, which is prone to errors, so that the results will not deviate from back and forward tests. We recommend that you consider the number of lots (Levarage value) so that you can operate for a long period of time even if the results are not good in the immediate future. If you know how to install EA, you don't need to read this. Open the data folder ② Open the MQL4 folder -> Experts folder in the data folder and drag and copy BoribanneoNT.ex4. (3) Right-click on the Expert Advisor portion of the Navigator window and select Refresh (4) Confirm that BoribanneoNT.ex4 is under Expert Advisor (5) Drag the BoribanneoNT file to the 1-minute chart or right-click on it and click Show on Chart (5) Drag the BoribanneoNT file to the 1-minute chart or right-click on it and click on "Show in Chart. (6) Open the Tools→Expert Advisor tab at the top of the screen and check if the "Allow Automated Trading" and "Allow DLLs" check boxes are checked. If not, check the box. This is the end of the installation settings. (1) Exept_Nomal_Order: Normally, this should be set to "false. If the order does not pass properly, set it to "true" and then set "Nomal_Order" to "false" in ②. Normally, "true" is fine. If the order does not go through successfully, set it to false and then set Exept_Nomal_Order in (1) to true. The initial value of 12 is usually fine. Set to true when sending an e-mail at the time of entry order or order error. The initial value is false. Max_Buy_Position Maximum number of buy positions. The default value of 1 is recommended. Max_Sell_Position Maximum number of sell positions. The default value of 1 is recommended. (7) Magic_Number Magic number. Please change the magic number when there are multiple order numbers in the same account. Slippage Allowable slippage. Default value is 10. Change it as necessary. Nomal Lots Initial value 0.1 Please check with your FX company as the number of lots is treated differently depending on the FX company. If you wish to use fixed lots, set the Leverage at 0.0 in ⑨. -For reference: 0.1 = 10,000 currency at OANDA Japan, which we usually use. If you set the Leverage to 0.0, the fixed lot as shown in ⑨ will be applied. The appropriate setting value will vary depending on your FX company's server. This function does not work with overseas Micro accounts. Please back-test on the server you actually trade on to confirm the appropriate lot size and adjust accordingly. Can be changed. Set the end time of trading on weekends. Initial value 22:00 ⑬ WeekEndExitTime Sets the forced close time for the weekend. If you do not want to hold over the weekend, please check the time before the end of weekend trading to be sure. We have confirmed that settlement works at OANDAJAPAN, but there were cases where settlement did not work at other brokers (due to widening spreads). (It may be due to the widening of the spread. In that case, please widen the MaxSpread and Slippage values of the parameter to your acceptable value) ⑭ Band_Period The period setting of the Bollinger Band. The default value of 100 is recommended. (15) Band_Timeframe The time axis (minutes) used for Bollinger Bands. The default value of 1 is recommended. ⑯ Buy_Stoplos Buy trade stop loss setting. A default value of around 25 is recommended. ⑰ Buy_Target Buy trade take-profit setting. A default value of around 30 is recommended. Sell_Stoplos Sell trade stop-loss setting. The default setting is around 50. (⑲) Sell_Target Sell trade take-profit setting. The initial value of around 30 is recommended. (⑳ StartTime1 Trade start time, initial value 05:00 ∷ EndTime1 Trade end time, initial value 03:00 (However, the open positions are not closed. It is the time to stop entry. 2 Trade end time Default value Blank (not used) ㉔ Trade_mon Set to true if trading on Monday ㉕ Trade_sale_time Default value True if trading on Monday ㉖ Trade_date Default value False if trading on Monday Set to true if trading on Monday. ㉕ Trade_tue Set to true if trading on Tuesday. Default value true ㉖ Trade_wed Set to true if trading on Wednesday. Default value true ㉗ Trade_thu Set to true if trading on Thursday. Default value true ㉘ Trade_fri Set to true to trade on Friday. Default value is true *Trade date and time setting item The time is not Japan time, but the time of your broker's server. This is the time shown in the quote. The default trade time is set to the time of good backtesting in the case of winter time: GMT+2 and summer time: GMT+3.
Sales from :  02/07/2017 21:27
Purchased :  1 times

Price: $93 (taxed)

¥14,800(taxed)

Provider/Distributor:
Sales site:

Payment

Master VISA JCB
Forward Test
Back Test

Sales from :  02/07/2017 21:27
Purchased :  1 times

Price: $93 (taxed)

¥14,800(taxed)

Provider/Distributor:
Sales site:

Payment

Master VISA JCB
About Forex Automated Trading
Forex Automated Trading refers to trading that is automated through programming, incorporating predetermined trading and settlement rules. There are various methods to conduct automated trading, but at GogoJungle, we deal with Experts Advisors (hereinafter referred to as EA) that operate on a trading platform called MT4.
There are various types of EAs (Expert Advisors) for different trading types that can be used on MT4.
Just like discretionary trading, there are those that decide trading and settlement timings by combining indicators, those that repeatedly buy or sell at certain price (pips) intervals, and trading methods that utilize market anomalies or temporal features. The variety is as rich as the methods in discretionary trading.

To categorize simply,
・Scalping (Type where trades are completed within a few minutes to a few hours),
・Day Trading (Type where trades are completed within several hours to about a day),
・Swing Trading (Type where trades are conducted over a relatively long period of about 1 day to 1 week)
・Grid/Martingale Trading (Holding multiple positions at equal or unequal intervals and settling all once a profit is made. Those that gradually increase the lot number are called Martingale.)
・Anomaly EA (Mid-price trading, early morning scalping)

When engaging in Forex, there are risks in automated trading just as there are in discretionary trading.
However, a substantial advantage of automated trading is its ability to limit and predict risks beforehand.

[Risk]
Inherent to forex trading are the trading risks that undeniably exist in automated trading as well.
・Lot Size Risk
Increasing the lot size forcibly due to a high winning rate can, in rare instances, depending on the EA, lead to substantial Pips loss when a loss occurs. It is crucial to verify the SL Pips and the number of positions held before operating with an appropriate lot.

・Rapid Market Fluctuation Risk
There are instances where market prices fluctuate rapidly due to index announcements or unforeseen news. System trading does not account for such unpredictable market movements, rendering it incapable of making decisions on whether to settle in advance or abstain from trading. As a countermeasure, utilizing tools that halt the EA based on indicator announcements or the VIX (fear index) is also possible.

[Benefits]
・Operates 24 hours a day
If there is an opportunity, system trading will execute trades on your behalf consistently. It proves to be an extremely convenient tool for those unable to allocate time to trading.

・Trades dispassionately without being swayed by emotions
There is an absence of self-serving rule modifications, a common human tendency, such as increasing the lot size after consecutive losses in discretionary trading or, conversely, hastily securing profits with minimal gains.

・Accessible for beginners
To engage in Forex trading, there is no prerequisite to study; anyone using system trading will achieve the same results.


[Disadvantages]
・Cannot increase trading frequency at will
Since system trading operates based on pre-programmed conditions, depending on the type of EA, it might only execute trades a few times a month.

・Suitability may vary with market conditions
Depending on the trading type of the EA, there are periods more suited to trend trading and periods more suited to contrarian trading, making consistent results across all periods unlikely. While the previous year might have yielded good results, this year's performance might not be as promising, necessitating some level of discretion in determining whether it is an opportune time to operate.
The requirements for operating automated trading (EA) on MT4 are as follows:
・MT4 (MetaTrader 4. An account needs to be opened with a Forex company that offers MT4.)
・EA (A program for automated trading)
・The operating deposit required to run the EA
・A PC that can run 24 hours or a VPS (Virtual Private Server), where a virtual PC is hosted on a cloud server to run MT4.
If you open an account with a forex broker that supports MT4, you can use MT4 as provided by that forex broker. MT4 is a stand-alone type of software that needs to be installed on your computer, so you download the program file from the website of the FX company where you opened the account and install it on your computer.

Additionally, there are both demo and real accounts available. You can experience trading with virtual money by applying for a demo account. After opening a real account, you select the connection server assigned by the Forex broker, enter the password, and log in to the account.
When you deposit money into your account using the method specified by the forex broker, the funds will be reflected in your MT4 account, and you can trade.
To set up an EA when you purchase it through GogoJungle, follow the steps below:
Firstly, download the purchased EA file from your My Page on GogoJungle. You will download a zip (compressed) file, so right-click to extract it and retrieve the file named ‘◯◯◯ (EA name)_A19GAw09 (any 8 alphanumeric characters).ex4’ from inside.

Next, launch MT4 and navigate to ‘File’ → ‘Open Data Folder’ → ‘MQL4’ → ‘Experts’ folder, and place the ex4 file inside. Once done, close MT4 and restart it. Then, go to the upper menu ‘Tools’ → ‘Options’, and under ‘Expert Advisors’, ensure ‘Allow automated trading’ and ‘Allow DLL imports’ are checked, then press OK to close.

The necessary currency pair and time frame for the correct operation of the EA are specified on the EA sales page. Refer to this information and open the chart of the correct currency pair time frame (e.g., USDJPY5M for a USD/Yen 5-minute chart).

Within the menu navigator, under ‘Expert Advisors’, you will find the EA file name you placed earlier. Click to select it, then drag & drop it directly onto the chart to load the EA. Alternatively, you can double-click the EA name to load it onto the selected chart.

If ‘Authentication Success’ appears in the upper left of the chart, the authentication has been successful. To operate the EA, you need to keep your PC running 24 hours. Therefore, either disable the automatic sleep function or host MT4 on a VPS and operate the EA.
EAs from GogoJungle can be used with one real account and one demo account per EA.
If you want to use it with an account other than the authenticated one, you need to reset the registered account.

To reset the account, close the MT4 where the Web authentication is registered, then go to My Page on GogoJungle > Use > Digital Contents > the relevant EA > press the ‘Reset’ button for the registration number, and the registered account will be released.

When the account is in a reset state, using the EA with another MT4 account will register a new account.
Also, you can reset the account an unlimited number of times.
If you encounter an error with Web authentication, or if the EA is trading on GogoJungle's forward performance page but not on your own account, there could be various reasons. For more details, please refer to the following link:
 → Items to Check When EA is Not Operating
In Forex trading, the size of a lot is usually:

1 lot = 100,000 currency units
0.1 lot = 10,000 currency units
0.01 lot = 1,000 currency units

For USD/JPY, 1 lot would mean holding 100,000 dollars.
The margin required to hold lots is determined by the leverage set by the Forex broker.
If the leverage is 25 times, the margin required to hold 10,000 currency units of USD/JPY would be:
10000*109 (※ at a rate of 109 yen per dollar) ÷ 25 = 43,600 yen.
・Profit Factor: Total Profit ÷ Total Loss
・Risk-Return Ratio: Total Profit and Loss during the period ÷ Maximum Drawdown
・Maximum Drawdown: The largest unrealized loss during the operation period
・Maximum Position Number: This is the maximum number of positions that the EA can theoretically hold at the same time
・TP (Take Profit): The set profit-taking Pips (or specified amount, etc.) in the EA's settings
・SL (Stop Loss): The set maximum loss pips (or specified amount, etc.) in the EA's settings
・Trailing Stop: Instead of settling at a specified Pips, once a certain profit is made, the settlement SL is raised at a certain interval (towards the profit), maximizing the profit. It is a method of settlement.
・Risk-Reward Ratio (Payoff Ratio): Average Profit ÷ Average Loss
・Hedging: Holding both buy and sell positions simultaneously (Some FX companies also have types where hedging is not allowed)