Emerald

For those who purchased from fx-on, please wait for fx-on to contact you. When we can determine that "Emerald" is profitable enough, we plan to revise the price. ***********Notice: *********** Several customers have reported that "Emerald.dll" is trapped by their security software. Emerald.dll" is strongly protected and may be misjudged as such. In this case, please remove the "Emerald.dll" directory from the search target of your security software. Emerald" is a scalping EA with advanced trading logic. Please take a look at the development progress on our website. We also publish the results of real accounts and various operating environments (overseas VPS, domestic VPS, our own PC, etc.). The current version of this EA is recommended by OANDA Pro Course, but AXIORY, Titan FX, and other FX companies may also be promising. "Scalping EA "Emerald" trade results are now available. "MT4 EA "Emerald" test operation started The back-test results posted on fx-on are the results of 99.90% modeling quality test using Ducascopy's Tick data. *Since there is a limit of 5MB file size that can be uploaded, we have uploaded approximately six months worth of data. The profit/loss graphs on this page are for two years, except as specified. In addition, when tested with regular all ticks, the result is a profit factor of 6.35 for a period of 2 years. *Backtesting with normal all ticks is not very helpful for scalping like this EA because of the pseudo ticks. Test result of normal all ticks Currency pair：USDJPY (USD/JPY) Spread 1 pips Period: 1 minute (M1) 2015.01.12 - 2017.01.10 Initial margin: $10000 Total number of trades: 1279 Net profit: 9034.04 Profit factor: 6.35 Drawdown: 28.87 (0.16%) Emerald" features Profit from any currency pair You can make a profit with any currency pair, as long as the spread is small. However, as the EA has been in real trading since the beginning of March 2017, its track record remains to be seen. As we have explained that it is an EA that is sensitive to spreads, we recommend trading the USD/JPY, which has a high liquidity and a spread of less than 1 pips. If the spread is narrower, the EUR/JPY will also perform well, and the EUR/USD may also be tradable, although its performance will be slightly inferior. This feature of making a profit regardless of the currency is based on the specifications (guidelines) established at the development stage to avoid "over-optimization (curve fitting). In other words, "Since EA is a technical analysis, there must be commonality in the trading logic for any currency. In other words, "As an EA is a technical analysis, there should be commonality in the trading logic for any currency," and limiting the number of trading currencies is likely to lead to "over-optimization (curve fitting). This is the reason why EA is based on the recognition that "curve-fitting" is a common practice in the market. The back-test results for each currency are shown below. Emerald" supports compounding, but the results are shown for a fixed amount of 0.1 lot to make it easier to understand the progress along the way. Currency Pair USDJPY (USD/JPY) Trade Mode: Basic Period 1 minute (M1) 2015.01.12 - 2017.01.10 (spread 1 pips modeling quality 99.90% test results) Initial margin: $10000 Total number of trades: 2595 Net profit: 9635.14 Profit factor: 3.18 Drawdown: 66.32 (0.36%) Currency Pair EUR/JPY (EUR/JPY) Trade Mode: Basic Period 1 minute (M1) 2015.01.12 - 2017.01.10 (spread 1 pips modeling quality 99.90% test results) Initial margin: $10000 Total number of trades: 3429 Net profit: 11505.77 Profit factor: 2.75 Drawdown: 54.98 (0.29%) Currency Pair EURUSD (EUR/USD) Trade Mode: Basic Period 1 minute (M1) 2015.01.12 - 2017.01.10 (spread 1 pips modeling quality 99.90% test results) Initial margin: $10000 Total trades: 1960 Net profit: 4337.10 Profit factor: 2.02 Drawdown: 90.20 (0.85%) This is how it would look like with 10x leverage compounding. Currency Pair USDJPY (USD/JPY) Compound Interest Operation Trade Mode: Basic Period 1 minute leg (M1) 2015.01.12 - 2017.01.10 (spread 1 pips modeling quality 99.90% test results) Initial margin: $10000 Total number of trades: 2595 Net profit: 533446.53 Profit factor: 2.71 Drawdown: 9993.20 (1.83%) Very easy to set up The information necessary for trading is automatically obtained from the currency pairs traded, so there is almost nothing to get lost in setting up the system. Stop-loss and profit-taking prices are calculated by "Emerald. You can start trading with the default settings and do not need to spend time on optimization. Change in Trade Engine Characteristics Starting with version 4.00, the characteristics of the trade engine can be selected from "Basic", "Special", and "All". The "Basic" is the default setting and will primarily use MT4's predefined variables, which will be adjusted to reduce differences in performance between accounts. In addition, the profit factor will be inferior to "Special", but it will feature less drawdowns. Special" is a setting in which trades are made based on a detailed assessment of Tick movements. While the profit factor is the highest, the drawdown is slightly lower than "Basic" and the number of trades is also lower. It is probably not suitable for accounts with missing ticks, and there is a greater chance of incorrect trades being made on slow PCs and VPSs. All" is a mixture of "Basic" and "Special". As a result, it has the highest number of trades, but the profit factor is lower than "Basic" and "Special". Special Mode Currency Pair USDJPY (USD/JPY) Period 1 minute (M1) 2015.01.12 - 2017.01.10 (spread 1 pips modeling quality 99.90% test results) Initial margin: $10000 Total number of trades: 1995 Net profit: 8192.28 Profit factor: 3.59 Drawdown. 57.59 (0.44%) Basic Mode Currency Pair USDJPY (USD/JPY) Period 1 minute (M1) 2015.01.12 - 2017.01.10 (1 pips spread Modeling quality 99.90% test results) Initial margin: $10000 Total number of trades: 2595 Net profit: 9635.1 Profit factor: 3.18 Drawdown. 66.32 (0.36%) ■All Modes Currency Pair USDJPY (USD/JPY) Period 1 minute (M1) 2015.01.12 - 2017.01.10 (1 pips spread Modeling quality 99.90% test results) Initial margin: $10000 Total number of trades: 3073 Net profit: 10676.85 Profit factor: 3.03 Drawdown: 78.11 (0.40%) information display Have you ever been worried that your EA does not start to trade? Or maybe this EA is broken... With Emerald, you don't need to worry about such things. The status of the trade engine is displayed in real time in the upper left corner of the chart. This is a fun feature that allows you to see the status of your trades quickly and safely. Levels change as follows based on the judgment of the trade engine. Level 0: Neither buy nor sell is suitable. Level1 Watching: The price is moving a little, but is not suitable for buying or selling. Level 2 Investigating: The market is somewhat approaching the state where orders will be placed. Level 3 Under Consideration: The market will soon be ready to place an order. Setting input assist function If there is an obvious incompleteness in an entry item on the settings screen, it will be displayed on the information screen. Example: If the maximum leverage of a trading account is 25x and 30 is entered in the "Trading Leverage" field. The information screen will display the following message: "Please enter a number in half-width characters that is greater than 0 and less than 25 for 'Trading Leverage'. will be displayed. If the maximum leverage is 25x and you enter 12.5 or more in the "Trading Leverage" field, a warning message will appear. Stop loss/close function This is a new feature since version 1.40. You can now set the number of times the spread will close a position when the spread becomes more than the "Stop Trade Spread". It can also be set to not be used. Function to change the spread judgment period Emerald" does not use a pinpoint price to determine the spread filter, but rather examines the spread at the peak of a certain period of time to determine whether or not to enter the market. This period can be changed starting from version 1.20. You can select "shortest," "short," "medium," "long," or "longest." Select "longest" if you want to trade carefully, or "short" or "shortest" if you do not want to miss any opportunities. This feature is also in the process of being tested in real trades. Precautions for using "Emerald Use an FX company with a narrow spread. This is a scalping EA, so it is very sensitive to spreads. It may be possible to make a profit even with a spread of 2 pips, but we recommend that you use a trading firm with a spread of 1 pips or less. *The performance will vary depending on the execution power (latency) and the PC environment you are using. Emerald" is equipped with a "peak spread determination function. This function is different from the "pinpoint spread determination function" used in general EAs, and is designed to respond to the violent spread fluctuations during indicator announcements and the like. Results will vary depending on your environment. Since this is a scalping EA, results will vary depending on the account and environment you are using. In addition to the spread, the speed of execution is also known to have a significant impact. "Analyze the difference in operational performance of the Scalping EA "Emerald Operate with a FX company with narrow stop and freeze levels. Since you will be placing limit orders, a firm with a wide stop and freeze level is not suitable. You can expect poor performance from firms with stop and freeze levels of more than 1 pips. Note that forex firms may display large spreads, but not stop and freeze levels, or they may treat them very poorly. The stop and freeze levels are displayed in the "Emerald" information section, and if they are above 1.0, we recommend that you use another firm. List of Stop Levels, Freeze Levels and Spreads recommended Please note that the market closes on non-weekend days. We have logic that automatically closes positions a few hours before the market closes on weekends. However, on holidays such as Christmas Day and New Year's Day, this automatic position closing logic does not work. If you have positions open, close them manually and set the "Operational Settings" in the Settings screen to "Stop" so that you do not take any further positions. Since this is a scalping EA and the stop loss is shallow, it is expected that you will often trade with relatively high leverage. Please be aware that you may incur large losses if you carry over a position when the market is closed and the market opens a window in the opposite direction of your position. The win rate is not so high. If you look at the backtest over a long period of time, it looks like the profits are increasing steadily, but if you look at it on a two-month basis, there are quite a few periods of sideways movement. The winning rate is probably going to be around 50%. However, "Emerald" has a shallow stop loss, so a 50% win rate will be enough to increase profits. Please do not judge it in a short period of time, but confirm it in an operational test of a few months or so. fx-on forward test parameters When using OANDA Japan in fx-on's forward test, double open positions are not available. Therefore, the forward test is conducted with the following settings, which do not allow both sides to open positions. Because this is a scalping EA and the position holding period is short, there is not much difference in the results between "with" and "without" double-folding. . Explanation of each parameter Sets the number of seconds between email notifications. Emerald" Version 2.00 The Emerald, version 1.42. The Emerald, version 1.40. Emerald" Version 1.20 Emerald" Version 1.10