Envelopes Each
Expert Advisors
MetaTrader 4
Sales from
8/3/2017
Last Updated At
7/22/2019
Version
3-2
My Profile
QCHAN- Whole period
- 2 years
- 1 year
- 6 months
- 3 months
- 1 month
Profit
:
-59,811JPYProfit Factor
:
0.94Rate of return risk
?
:
-0.63Average Profit
:
391JPYAverage Loss
:
-605JPYBalance
?
:
940,189JPYRate of return (all periods) ?
:
-13.50%Win Rate
:
59.16%
(2228/3766)
Maximum Position
?
:
4Maximum Drawdown
?
:
20.98%
(94,193JPY)
Maximum Profit
:
4,840JPYMaximum Loss
:
-4,910JPYRecommended Margin
?
:
442,912JPYUnrealized P/L
:
-240JPYDeposit
?
:
1,000,000JPYCurrency
:
JPY- Account
Operable Brokers
Usable with MT4-adopting brokers.
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
[CAD/CHF]
[GBP/NZD]
[GBP/AUD]
[EUR/NZD]
[AUD/NZD]
[EUR/CAD]
[GBP/CHF]
[AUD/CAD]
[AUD/CHF]
[EUR/CHF]
[EUR/AUD]
[EUR/GBP]
[USD/CAD]
[USD/CHF]
[AUD/USD]
[NZD/USD]
[GBP/USD]
[EUR/USD]
[CAD/JPY]
[CHF/JPY]
[AUD/JPY]
[EUR/JPY]
[GBP/JPY]
[USD/JPY]
Trading Style
[Day Trading]
[Scalping]
[Swing Trading]
Maximum Number Position
1
Maximum Lot
100
Chart Time Frame
M1
Maximum Stop Loss
4
Take Profit
20
Straddle Trading
No
Application Type
Metatrader Auto Trading
Other File Usages
No
This is a MT4 Scalping EA & Logic using multiple moving average levels and Stochastic. The attached image shows the data for the last 10 years of backtesting with 2 lots of one currency pair, ultra-short term trading, single-positive single interest operation without any nan-pinning. This version does not have
Moving25, which has a function to automatically stop the finals-5 EA, is by far the best choice. The performance is better than this version even in short term scalping.
The market deviates from the moving average, but returns to the moving average.
The buy entry is made when the price breaks through the level line above the moving average from below to above and then touches the level line again from above to below. The opposite is true for a buy entry. The major difference from simple Bollinger bands and envelopes is that the divergence from the moving average is clearly specified in units of 0.1 pips for five lines in accordance with the market price. In the case of a strong trend market that does not return through the line or entry and settlement at the outer line, you can rest assured that you will not enter at the inner level line, where the winning rate will decrease.
The feature of this EA & Logic is that it can be operated with various currency pairs, moving averages, and time frames, and even beginners can control the winning rate and number of entries by adjusting parameters easily according to the market price.
★★★★ Profit can be operated in a very stable manner by using multiple chart settings with different parameters for the same currency pair and time frame, and by setting up multiple chart settings to run multiple lots in a diversified manner. The default parameters are set to match the usual ultra-short-term scalping operation, so the number of entries is small and there is a strong tendency for drawdowns when indicators are announced.
The default setting for the forward test is one chart, but by setting up two charts for one currency pair, the winning rate increases dramatically as shown below.
The logic is highly recommended, especially for early morning Monday window trades. It is a very useful EA that can be used for reverse, buy on the push side, sell on the return side in a trending market, and return trade at the time of an indicator announcement. Very large profits can be expected in a market that moves violently up and down.
Operation with long-term moving average
● Operation with medium-term moving averages
Three-position operation with ultra-short-term moving averages
★★★★Super scalping with low spread account in a range market 50-100 entries per day or more per currency pair are possible even without nanpin support.
★★★★As of September 2018, we are No.1 in revenue ranking and No.3 in popularity ranking on the overseas EA use site where the best EAs in the world gather.
●Directly in the back test of dollar-yen for two and a half years, the PF went up to 4.94 by setting the stop-loss to 3 pips. This means that by minus 10 pips, it almost reversed to positive earnings, but it seems that it is better to stop loss earlier!
It becomes a scalping EA of the ultra-short-term reverse tension using five moving average levels. It is a simple but highly reproducible method that uses the characteristics of the market to return even if the market deviates from the moving average. It is also possible to buy when the market is moving in the direction of the trend and sell when the market is moving back. Basically, this method can be used with any currency pair of any time frame, but it is recommended to use 1-minute time frames with low spreads, such as the dollar-yen and euro-dollar time frames. By default, Parameter is optimized for ultra-short-term moving averages.
In the case of a sell entry, the entry is made when the price breaks through the level line above the moving average from the bottom to the top and touches the level line again from the top to the bottom. In the case of a buy entry, the opposite is true. The major difference between this method and simple Bollinger Band inversion is that the divergence can be clearly specified in 0.1 pips increments. When the market is in a strong trend that does not return through the lines or when you enter on the outer line, you can rest assured that you will not enter on the inner line.
If the price extends to the third level, for example, but falters at the first level, you may enter the market at the return touch. By using two or three positions, it is possible to enter at more divergent points.
The first level is the one where the price of the first candle extends 10 to 50 pips from the opening price, there is a high probability that a return of 2 to 10 pips will occur, also known as the "upper and lower bounds". FXTF has stopped using it within a day, but OANNDA Japan Rakuten has no problem with it. By using multiple chart settings for the first level in more detail, it is possible to make about 50 entries in a day. The logic of ultra-short-term trading is an original logic that is not often seen elsewhere.
☆☆☆☆☆☆☆☆☆ We recommend that MT4 be as light as possible because the trading environment and spreads are very important when using the ultra-short-term trading logic. We recommend using debug mode false.
★★★★The feature of this EA is that it can be operated in any time frame, and even beginners can dramatically increase their winning rate by adjusting parameters easily according to the market. The same 1-minute time frame can be set around a moving average of 100. Even in the same 1-minute time frame, various operations are possible with a single EA, such as setting around a moving average of 2 when an indicator is announced. Due to the nature of the logic, the more charts you set up, the more profit you can expect.
As shown in the following image, it is also suitable for trading at the early morning window on Monday. There is a dedicated EA, but this EA will also be sufficient.
★★★★Even if the trade starts from the window opening to the outside, by setting up multiple trades or by doing some more rapid trades, there is a high possibility that the trade will return to the window opening point without filling the window by entering at the outside line, and therefore the winning rate is very high.
This is a real image of the point yen in the early morning of September 23. It moved up and down quite a bit before the market closed. The spread is not so wide even in the early morning in the case of overseas accounts, so the profit averaged 70 pips on all 30 charts of the pound sterling series, for a total profit of 2000 pips. The trailing settlement was made at the tip of the upper whiskers due to the fast movement.
● Even in a range market, by adjusting the price range of moving averages and level line dumping, we have made a profit of more than 500 pips per day in five currency pairs.
In the case of medium-term movement, the winning rate is very high even without any pinching. Cross yen currency pairs often move in almost the same direction, so you can expect profit increases by using multiple currency pairs.
By setting the first level line at 10 pips intervals while increasing the number of LOTs as shown in the chart below for the same currency pair, it is possible to operate almost without losing even with no need for pinching.
Short-term moving averages can also be used to take profits by moving up or down, as shown in the chart below. When the market moves violently up and down in the pound currency pair or when an indicator is announced, very large profits can be expected.
The win rate is about 75%, but by running multiple EAs with different parameters, the win rate can be further increased.
The winning rate is about 75%, but by running multiple EAs with different parameters, the winning rate can be increased even further. Please note that FXTF, a domestic account, does not allow short-term scalping.
It is a very simple EA, but the spread filter and trailing function can be set from 0.1 PIPS unit, so it is possible to take r-profits even in a range market with small movements. We recommend using multiple currency pairs and parameters.
The best parameters and tire settings are included in the PDF file with your purchase.
5-year Eurodollar backtest, 1 lot fixed operation, 7400 trades, 1.4% maximum drawdown, 1 million yen turned into 7.4 million yen.
The image below shows the downward trend market price of the pound sterling on May 27. In such a downtrend market, profit can be doubled by shortening the divergence of the upper level line and making a sell entry. This is a push-buy return sale in the direction of the trend.
In such a clear downtrend, it is possible to increase profits by using a chart with a shorter divergence of the upper level line in combination with a sell entry. Since moving averages are used, it is possible not only to reverse the trend, but also to buy on the push side and sell on the return side in the trend direction. In this case, it is recommended to set the EA setting to Onry Short and narrow the stochastic control level a little.
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The buy entry is as follows. The following image shows the Eurodollar with a moving average of 125, but if the slope of the green 5-minute moving average and the position of the 1-minute moving average confirm a clear uptrend, it is possible to set a level line just below the light blue moving average and make a buy entry by pushing the price in a forward direction. It is very convenient to save the chart in MT4's pair view in advance.
This is the actual performance of the ultra-short-term trading logic from September 1 to 4. The results are based on the default parameter plus two additional parameters (2 pips), but as you can see, we won 45 times and lost 5 times, which is a big win.
★★★★The following chart is the backtest data of 1 lot fixed 1 position single profit operation from 2010 to 2017 using the medium-term moving average. The entry points are almost the same as the ultra-short-term trading logic, so you can aim for larger profits. In a slow market, the number of entries is higher than in short-term trading, and the spread is not affected that much. There is almost no difference between back testing and forward testing. The spread is 1 pips and the PF is 1.55, which is a lower winning rate, but it is a recommended parameter. The actual operation is also stable and profitable.
Although the win rate is low, it is still possible to use other currency pairs as well. Optimization of Parameters: Combined with the ultra-short-term trading logic, a significant increase in profit is possible. The moving average is also less subject to error than in the back test.
The backtest data of the ultra-short-term trading logic is shown below.
The backtest data for the Eurodollar ultra-short term moving average 2 is 69.5 million yen for 1 million yen in a fixed 2 lot simple interest operation for 10 years, which is more than 2.1 billion yen in actual operation with 20 times leverage.
In actual operation, the number of entries will be reduced due to contract rejection by firms and other factors.
● The 7-year backtest data for the operation with the USD/JPY ultra-short-term moving average of 2 shows a PF of 4.65.
The same parameters, but with a slight change in the moving average, the number of trades is reduced by 40%, but with a PF of 3.66, a win rate of 79%, and a profit of more than 1.5 times.
Although the number of trades is set to be low, it is much higher than other EAs, so we recommend using a domestic account with a low spread. Since it takes about 1 minute from entry to settlement, it cannot be used in FX TF, where short-term scalping is prohibited. The spread of 2 pips for overseas accounts will reduce the number of entries. For ultra-short-term trading logic, we recommend OANNDA Japan Rakuten MT4. Gaitame Finest is unusable due to many execution rejections.
The back test with a spread of 1.5 pips is as follows. Dollar Yen PF2.44 Euro dollar PF2.13
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Set up 4 to 8 charts per currency pair as shown in the chart settings below. By setting up 4 to 8 charts per currency pair as shown below, it is possible to operate almost without losing if you can gain on any one of the chart settings.
★★★★★The Fibonacci sequence 23.6 38.2% is set very consciously in the setting of the algorithm of large speculators that greatly affects the current FX market price, so the operation with multiple level lines with a LOT dispersed from a certain divergence point with discretionary judgment can be expected to have the same effect as grid-namppin, so we are proud of the very high win rate and the strongest logic. Therefore, we are proud to say that this is the most powerful logic with a very high win rate, as it can be expected to have the same effect as grid namping.
Some of the evaluations of buyers of the previous version on other sites
★★★★Backtest data files can be downloaded from the following link.
Backtest Data File
★★★★★ We recommend major currency pairs such as Dollar Yen Euro Yen Pound Yen Euro Dollar Pound Dollar, but other currency pairs will also be available.
The latest version of the product is also available on our blog. https://blogs.yahoo.co.jp/v637088
This version has simplified parameters to cope with fast movements.
Magic Number
Lot number Number of positions
Limit Stop Limit
Three pages
Moving average
Five levels of pips deviation from the moving average are set.
Stochastic relationship for entry control
Spread filter
Start trailing width can be set in 0.1 pips increments. Sales from
:
08/03/2017 04:03
Purchased
:
31
times
Price: $61.61 (taxed)
¥9,800(taxed)
Provider/Distributor:
Sales site:
GogoJungle
●Payment
Forward Test
Back Test
Sales from : 08/03/2017 04:03
Purchased
:
31
times
Price: $61.61 (taxed)
¥9,800(taxed)
Provider/Distributor:
Sales site:
GogoJungle
●Payment
About Forex Automated Trading
What is Forex Automated Trading (MT4 EA)?
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.
Trading Types of Forex Automated Trading
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)
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)
Risks, Advantages, and Disadvantages of Forex Automated Trading
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.
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.
Equipment and Environment Needed for Automated Trading Operation
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.
・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.
Installation of MT4 and Account Login
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.
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.
How to Install EA on MT4
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.
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.
In Case You Want to Change the Account in Use
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 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.
Solutions for Errors During Web Authentication or Non-Functional Account Trading
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
→ Items to Check When EA is Not Operating
About the Size of Trading Lots
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.
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.
Glossary of Automated Trading
・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)
・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)
Useful related pages
・How to Install MT4 EA (Expert Advisor) and Indicators
・MT4 Beginner's Guide
・Understanding System Trading Performance (Forward and Backtesting)
・Choosing Your First EA! Calculating Recommended Margin for EAs
・Comparing MT4 Accounts Based on Spread, Swap, and Execution Speed
・What is Web Authentication?
・Checklist for When Your EA Isn't Working
・MT4 Beginner's Guide
・Understanding System Trading Performance (Forward and Backtesting)
・Choosing Your First EA! Calculating Recommended Margin for EAs
・Comparing MT4 Accounts Based on Spread, Swap, and Execution Speed
・What is Web Authentication?
・Checklist for When Your EA Isn't Working
