Cyclone_M5NZDCAD

Features | Trading Images | Backtests | Setting Parameters | Q&A | Precautions

This EA has both sides of the trade, and the actual results may differ from OANDA's forward results.

We apologize for the continued poor performance. m(_ _)m This EA is a swing EA, so the strokes of malfunction are long (as per backtest). We are considering updating it as needed, so we would appreciate it if you could respond by running a test run.

Features

Swing trading with minor

currency pairs

In recent years, excellent EAs have appeared one after another for major currency pairs such as USDJPY / EURUSD, etc. FX is a zero-sum world. In other words, the stronger the opponents are in the market, the more difficult it becomes to earn profits. Therefore, this EA was developed and verified focusing on minor currencies. As a result, we arrived at the NZDCAD, which is very compatible with the contrarian logic we devised . In addition, in order to cope with the wide spreads that are a drawback of minor currencies, we sought to ensure profits by swing trading

.

Effective entry with 2-step trading

This EA holds up to two positions. When compounding, the order lot is slightly increased in the second position. Generally, no-pinning is avoided because of the risk of one-shot failure. However, moderate levels of pick-and-pin with a firm risk limit have proven to be very useful

. As with dollar-cost averaging, the more diversified your positions, the better your overall price will be against an unexpected market. By limiting the maximum number of positions to 2, we have achieved an EA that is easy to manage with minimal risk while maintaining this advantage.

Achieved 2000 pips ↑ in 1 year of forward

trading

These are the results of the real account (May 2017 - April 2018). Although there are some ups and downs, we were able to demonstrate high profitability. Please refer to the blog for trading details if you like. ( Waiizo EA Development｜Cyclone)

Trading Image

NZDCAD M5, Actual trading conditions. Enter up to 2 positions at overbought/oversold timing. Exit when sufficient profit is secured. The market is good at cyclical market conditions, as it sometimes enters the market in a do-tendering manner. When it is time to cut losses, it exits when the market returns in a cyclical manner to minimize losses.

Back Test

Fixed

lot (0.1 lot) operation, January 2015 - April 2017

Compounding

, January 2015 - April 2017

The profit factor is more than 2.0, the winning rate is more than 70%, and the relative drawdown is about 25%, while the assets have increased from 100,000 yen to 4.6 million yen in two years.

It is hard to find an EA with such a high profit rate. Please compare it with other EAs. It is regrettable that we do not have enough historical data, but that is why there are few competing EAs and it is advantageous. We are looking forward to seeing those who take advantage of this explosive power.

Setting Parameters

Item	Initial Value	Explanation
MAGIC	430401	Magic number to identify the EA. Set a number that does not overlap with other EAs.
GMTOffsetSummer	3	Enter the time difference between your server time and Greenwich Mean Time (GMT) in summer time. Please check the time zone of each trading account by yourself. (e.g., for GMT+3 (summer) and GMT+2 (winter), enter 3)
LOT	0.10	Set the number of lots for a single position order; this value is ignored if MoneyManagement is set to true.
MAX_SPREAD [pips]	5.0	Set the maximum spread allowed. If the spread is greater than this number, no entry will be made.
Slippage [points] 4	4	Set the maximum slippage allowed in points (minimum rate unit).
MoneyManagement	false	If true, compound interest will be managed (backtesting is recommended). (Backtest validation recommended) The order lot is set according to the following parameter MM_RISK.
MM_RISK [%] 1.0	1.0	This parameter determines the percentage of the order lot that will be occupied by the surplus margin during compounding. The set value will vary greatly depending on leverage. Please set the best value for your own mental health.

Q&A

Which

account can I use MT4?

I think it can be used with any MT4-enabled vendor. We have implemented it to accommodate differences in currency names, etc. If you have any problems, please contact us at any time.

What is GMTOffsetSummer if my trading

account is in Japan time?

Since Japanese time is GMT+9 in both summer and winter, GMTOffsetSummer=9. Please be assured that the time filter is automatically detected and controlled even when there is no daylight saving time.

How much should MM_RISK

be set?

As a rough guide, MM_RISK=20 for 25x leverage with no other EA running, and MM_RISK=2.0 for 500x leverage is highly efficient. Before operating, be sure to check that the settings are reasonable for your environment.

Do you use DLLs

?

No DLLs are used. Backtesting can be performed with ease.

Notes

[1] Before using this service, please verify that the settings are reasonable through sufficient back-testing, taking into account account account account balance, leverage, other EAs in operation, etc., and assume the risks involved. [2] Investments should be made at the investor's own discretion and responsibility, so please understand that the developer cannot guarantee any losses incurred by the investor. [3] Prices may be changed or sales may be suspended without prior notice depending on performance. Please understand that the price may be changed or sales may be suspended without notice. [4] Gogojungle forward, drawdown on 1/2/2018 is due to abnormal rate of OANDA demo. (https://y-fx.amebaownd.com/posts/3557138)