CY Series For Two

About ▌EA

Breakout strategy with trailing stop function.
Please, one for your portfolio. If you do not use a specific function, no special settings are required other than the number of lots. Stress free!

▌Parameter introduction, initial values in parentheses ()

UseAutoTime (If you select "true", you can ignore the "OpenDay", "OpenHour", "ExitDay", "ExitHour", and "ExitMinute" settings that appear later. The GMT adjustment is performed automatically regardless of the broker. These five parameters are provided because they do not work in the case of backtesting due to the MT4 programming. In the case of backtesting, please adjust them to the GMT time of the actual data. In production, be sure to set it to "true".
The default trading hours when set to *ture are as follows.
March 1 - October 31, Japan time Monday 8:00 - Friday 8:00 p.m.
November 1 - February 28(29), Japan time, Monday 9:00 - Friday 9:00 p.m.

OpenDay
(Specify the day of the week when EA operation starts. 0=Sun 1=Mon 2=Tue 3=Wed 4=Thu 5=Fri 6=Sat 5=Friday 6=Saturday)
(If UseAutoTime is set to true, the settings are automatic and can be ignored.)

OpenHour
(Specify the time when the EA starts operating, 24 hours a day)
(When "UseAutoTime" is set to "true," this setting is automatic and can be ignored.)

ExitDay
(When using the weekend close function, specify the close day of the week)
(When "UseAutoTime" is set to "true", this parameter is automatically set.)
(If you do not use the weekend close function, you may ignore this setting.)

ExitHour
(When using the weekend close function, specify the close time.)
(0=Sun 1=Mon 2=Tue 3=Wed 4=Thu 5=Fri 6=Sat)
(If UseAutoTime is set to true, the setting is automatic and can be ignored.)
(If you do not use the weekend close function, you may ignore this setting.)

ExitMinute
(If the weekend close function is used, specify the close minute.)
(If "UseAutoTime" is set to "true," this parameter is automatically set and can be ignored.)
(If you do not use the weekend close function, it is also fine to ignore this setting.)

(If UseAutoTime is set to false, we have prepared a quick guide to GMT below. Please make use of it)

...Use_MM = (false) True = compound interest, false = simple interest. In the case of compound interest, the following Lots are calculated automatically. Slippage = (3) If slippage is greater than this value, entry is not made. Unit Pips MaxSpread = (3) Entry is not made when the spread is greater than this value. Unit Pips Lots = (1) As written. May be ignored in the case of compound interest. MagicNumber = (20170211) The magic number is an authentication function used to manage EAs and open positions when using EAs for automated trading in MetaTrader. When operating multiple EAs, the magic number for each EA should be different. ... SL = (30) Loss Limit, if it exceeds the set value, the position held will be closed. UseImpAnouStop = (false) This function allows you to stop trading at a specified time by selecting true and combining it with the settings below. Remember to set this to false when not in use. StopDayHourMinute = () When the above is set to ture, the input is required, literally, a parameter indicating what time of day and what minute to stop trading. Multiple time periods can be registered, but the following input rules must be followed Day of the week/what time it starts/what time it endsN day of the week/what time it starts/what time it ends ... unlimited For day of the week, 0=Sun 1=Mon 2=Tue 3=Wed 4=Thu 5=Fri 6=Sat N means NEXT. When setting multiple time slots, be sure to put them across the middle. All times are computer time. When setting multiple time slots, be sure to enter them in the order of the time that comes first. Hours are in 24-hour format. Be sure to remember to enter the "/". If a position is held, it will be forced to close when the start time of the trading halt you entered is reached. If UseImpAnouStop is set to false, it can be ignored. Example 1. If you want to stop 15 minutes before the Bank of Japan's keynote speaker at 11:30 a.m. on Wednesday and reopen one hour after the speaker's remarks, you would enter 3/1115/1230 Example 2. If you do not want to trade on Tuesdays and Thursdays from 9 am to 14 pm, enter 2/0900/1400n4/0900/1400 Comment =(CY Series For One) Specify the comment for the order. If you are operating multiple EAs, please use this function. Since it does not affect the logic, you can leave the default value as it is. Changeleverage = (false) Adjusts leverage to a small amount for compound interest management. Leverage = (0) Specify the actual leverage you wish to use. Example: If you have a high leverage account, but want to compound at 25x leverage for individuals in Japan, you can do so by specifying the parameters as follows. Changeleverage = true leverage =25 As you know, high leverage means high leverage and therefore high return for compounding, but if you encounter a stop loss, the number of lots you order will be dramatically reduced. Because the number of lots is automatically calculated in the case of compounding, the account balance will continue to increase as long as it can withstand the stop loss, since leverage is high and margin is low. This is not a good balance. So I have prepared these two parameters because I thought it would be a good balance to have about 25x leverage in my proposal. Please make use of them. OrderRetry (false) added in Ver2.2 If the spread suddenly widens and exceeds the limit when placing an order, the order will fail. Some brokers will void the failed order, while others will store the order and execute it at once at a certain point in time. In the latter case, there is a risk of being forced to hold multiple positions. We have created this parameter to hedge that risk. The default is false, i.e., if the order fails, it shall not be re-executed. The default setting is recommended. However, please note that not reordering may cause differences from the forward test in the week in which the order failure occurs.

▌ Notes

Please note that, as is the case with all EAs, the results of trades may differ even with the same broker due to the condition of the line and spread, etc.

The EA is characterized by the fact that the trend is partly determined by the shape of the candlestick, so the entry timing may differ depending on the time of day when the EA is running.

Therefore, the EA should be activated before the market opens on Monday. Also, please note that if you stop and restart the EA's automated trading without closing MT4 before an indicator is announced, etc., the EA may enter the market immediately. If you want to stop the EA when an important indicator is announced, please use UseImpAnouStop

Please remember that while you can expect to make a profit from your investment, you are always taking on risk. Please do not overdo it and set the number of lots appropriate for your funds. Also, the information on this website is only the past results. However, as with all investment products, there is no guarantee that you will make a profit. Please operate at your own risk.

After purchasing this EA, we recommend that you try it out in a demo or back-test account and if there are no problems, you should start using it in a real account. Many of you bought this EA in order to expect long-term asset management, but we believe that it is best to manage your assets as safely and securely as possible without having to fight for every second of the day. In addition, this EA, depending on the timing of operation, the entry timing may differ from the forward test, so if you purchased in the middle of the week, if you are not in a hurry, I think it is better to operate in a demo account, etc. until Monday, and then start from the beginning of the week. If you purchased mid-week, it would be better to operate a demo account, etc. until Monday and start at the beginning of the week.

Basically, all MT4s will be able to operate. If your EA vendor is not on the list, please let us know and we will test it. The backtest was conducted at 1.0 pips, so we recommend 1.0 pips or less in real life.

Please feel free to contact fx-on support for more information on how to connect, etc.