White Phoenix

*This EA has been suspended for a period of time and there are forward test results not shown. I applied to stop sales on March 16, 2018. The measurement will stop 4 months after the application is submitted, so it will end on July 16. I then applied for resale in mid-October 2018 and started resale at the beginning of November 2018, so I am unable to measure that period. (This is the area indicated in red in the image.) Please understand if you are considering purchasing this item.

Detailed Logic Specifications

This EA is for 15-minute US dollar/yen trades only.
The trading method is to detect a trend on a long time frame, and then enter the market at the push point or return.
If the EA determines that the entry has an edge, it will make an additional entry. The timing of the additional entry can be lower, about the same, or higher than the initial entry. It does not really matter whether the entry is higher or lower than the first entry, but rather that each entry is judged to have an edge.
The default is to hold up to 9 positions. (This can be changed).
The maximum stop loss is 100 pips per position.
When there is a loss, exit early.
If the price is near the same level, exit the position when the price increases.
If the profit is large, we will follow the profit by trailing.
If the trend is long, we may hold for about 3 days.
We do not close on weekends, but carry over trades since there is no significant difference in risk-return between carrying over trades and not carrying over trades on weekends.

As stated above, we do not engage in special trading. We will follow the textbook trading style of a discretionary trader.

Backtest annual return ( with a maximum drawdown set at 20% or less)

12 years of back-tested, no annual losing logic!


Aiming for Honest Trading

I have bought a number of EAs and been cheated.
Even though I don't buy "Nanpin" or "Martin" type EAs, I have seen many EAs on the Internet that back-test well but don't make any money in actual operation. Forward test is good, but it does not make money in actual operation. I have been fooled into buying a number of EAs.

The cause is
The price movement of MT4 ticks and actual operation ticks are different.
EAs of spike and breakout systems have a high probability of slippage in actual operation.
EAs for spike and breakout systems have a high probability of not executing in actual operation.
The following are some of the reasons.

In order to prevent these problems as much as possible, this EA uses a logic in which most of the trades are made when the 15-minute time frame is fixed.
If the trade is caught in a 100-pip stop-loss or trail, it will be traded in the middle of that leg.
Since the 15-minute leg is fixed, the producer cannot cheat in this EA.

About the setup

Parameters are explained below.
MaxBuyPosition The maximum number of positions to buy. The default value is 9.
MaxSellPosition Maximum number of sell positions. The default value is 5.
(Positions are set to the most balanced number of positions in the market from 2005 to recent years.)

Lots The number of lots per position.
Slippage Slippage is the amount of slippage, if set to 0, it is more likely to be executed at that price, but if it slips, the probability of not executing is higher.
MaxSpread Maximum spread. This is the number that is used as the trading criteria when the spread widens. In the back test, we assume that the trader pays 1.0 pips spread each time. Therefore, even if you set it at 1.0, it is still superior enough. With Oanda, the spread is 0.4 pips for the basic course and 0.8 pips for the pro course, so you can see how large the 1.0 setting is.
MM Money Management. When set, it calculates the account balance and automatically changes the number of lots.

If Risk MM is enabled, this is the amount of risk you are willing to take in relation to your account balance. The larger the number of lots, the greater the risk. Smaller values mean fewer lots and less risk. The recommended leverage is 2.5 or less. (If the maximum leverage of your trading account is 25x)

Magic Magic number. Please enter a number that is easy for you to understand in order to distinguish it from other EAs.

BuyOrder_Limit_0 Allows you to set the width of the limit order for profit when buying.
BuyOrder_Limit_1 This is the same as above. Basically, enter the same value as above.

BuyOrder_Stop_0 You can set the stop loss order width for buy orders.
BuyOrder_Stop_1 This is also the same. Basically, enter the same value as above.

SellOrder_Limit_0 You can set the width of the limit order for profit when selling.
SellOrder_Limit_1 This is the same as above. Basically, enter the same value as above.

SellOrder_Stop_0 This allows you to set the stop loss order width for selling.
SellOrder_Stop_1 This is also the same. Basically, enter the same value as above.


BuyTrailClose_pips_0 When buying, you can set how many pips of profit you want to move the trail order.
BuyTrailClose_Closepips_0 Allows you to set the width of the trail in the case of a buy.
SellTrailClose_pips_0 Allows you to set the number of pips profit margin for a trail order in the case of a sell.
SellTrailClose_Closepips_0 Allows the user to set the width of the trail in the case of a sell.

Timeif_start_0 Sets the time to buy or sell under certain conditions. Set the time based on 23:00 Japan time.
The default setting is 17:00 GMT for a broker whose GMT is summer time (GMT+3) and winter time (GMT+2). The one-hour difference between summer and winter time does not cause a significant change in performance, so there is no need to change the settings for summer and winter.
We are unable to reply to you as to which GMT your brokerage account falls under. Please check by yourself or contact your brokerage firm.

Timeif_start_1 Please set the same time as above.