NPstcR

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Trading Currency：USD/JPY
Trading Style: Reverse Scalping, Nanping, Ditrading
Trading time frame: 5 minutes

Divergence is what is known in Japanese as a "retrograde phenomenon.
Simply put, it is a state in which the technical value and the actual rate move in opposite directions.
This divergence is said to indicate the end of a trend.
However, there is a caveat to this divergence.
Divergence is only a sign of the end of a trend, so it is often the case that the price continues to move higher or lower while divergence continues to appear.
Therefore, this EA does not enter the market immediately when divergence occurs. We use a combination of our own logic to enter the market.
If the rate goes against the divergence after the entry, we will make a move to the opposite side of the divergence.
By doing so, we are not afraid that our losses will be too large. Will I go bankrupt? Some people may think so. The market will neither keep going down nor keep going up. It never goes down and never goes up. It always rises when it falls and falls when it rises. Therefore, in this EA, entry timing is determined and entry is made so that profit can be made even if there is no more pinning.
However, since the market is a living thing, we do not know when a nanpin trade will fail. Therefore, we do not operate with compound interest. Please use this EA by withdrawing the profit or transferring it to another account.
The logic is to enter the USDJPY market with a 5-minute time frame, using divergence of the stochastics and our own logic to identify the trend, and then to enter the market with a 5-minute time frame.
If the price declines from the entry point, the trader will make a move to the next level. The fifth pin (default) is used to open both sides of the trade.
The number of times the market is expanded is used as a sell signal, and the sell entry is made using the + logic to make a profit.
Sell positions will not be expanded.

** Trailing function is included in version 3. ** **Trailing function is available in version 3.
The market trend is determined and the profit point is automatically changed.

Back test for the past 11 years (January 2007 - April 2018) - Parameters - Default

If risk taking Past 11 years backtest (Jan 2007 - Apr 2018)

　~ Parameters ~.
Entry filter = OFF
Nanpin lot multiplier = 1.0

This will increase the number of trades, but will increase the maximum drawdown. Please allow sufficient funds for this setting.

~~~ Parameter defaults (recommended values)

Magic number 1 = 100561
Magic number 2 = 100562
When using other EAs together, please make sure that they are not the same number.
The number can be any number. There are no restrictions.

Lot number for buy entry = 0.1
Number of lots for buy entry

Number of lots for sell entry = 0.1
Number of lots for sell entry

Stop Loss = 500
Set the Stop Loss Pips for the first position entered.

Gain Pips on buy entry = 5
Sets the profit pips for the first buy position entered.

Pips for Sell Entry = 5
Sets the profit pips for the sell position.

Slippage = 20 (2.0)
Sets the slippage.

Comment = NPstcR
Allows comments to be added at the time of trade. Please use for identification.

Entry filter ON/OFF = true(ON)
Fine tune your trading style by setting an entry filter.
Set according to market conditions.

Limit entry at specified time before and after indicator announcement 1 ON/OFF = true(ON)
Entry can be restricted for the time before and after the release of important economic indicators that may cause sudden changes in the market.
(e.g. If an indicator is to be announced at 15:30 (21:30 Japan time), entry will be restricted from 14:00 to 16:00)
*Please set the time according to the MT4 time of your brokerage firm.
*Please set the time in 1-hour increments.

Entry limit start time = 14
Specify the time before the release of an indicator (e.g., 1 hour before the release of an indicator). (e.g., 1 hour before the release of an indicator)

Entry limit end time = 16
Specify the time after the release of the indicator (e.g., 1 hour after the announcement of the indicator). (e.g., 1 hour after the release of the indicator)

Specified time entry limit before/after indicator announcement 2 ON/OFF = false(OFF)
Entry time limit before/after the release of an indicator

Entry limit start time = 5
Specify the time before the release of an indicator (e.g., 1 hour before the announcement of an indicator). (e.g., 1 hour before the indicator announcement)

Entry limit end time = 7
Specify the time after the release of the indicator (e.g., 1 hour after the announcement of the indicator). (e.g., 1 hour after the release of the indicator)

Trailing function = true (ON)
The market trend is determined and the profit point is automatically changed.

Compound interest operation ON/OFF = false(OFF)
Set whether compounding is used or not.

When compounding is set to true (ON)

　This function says "Calculate the lot size using X% of the account balance.
　With 20% compounding risk, the maximum number of lots that can be held with 20% of the account balance will be entered.

Example) In the case of an account balance of 1,000,000 yen and a compounding risk of 20%. The lot will be calculated using 200,000 yen out of 1,000,000 yen, and the following is the maximum number of lots you can have with 20% of your account balance.
The number of lots per position will be about 0.4 lots (40,000 currency).

Compounding risk % = 20
Sets what percentage of the account balance will be used to trade.

Both sides ON/OFF = true(ON)
Sets the trade to be both sides of the trade.

Set both sides = 5
Set the number of rounds of Nampin to be both sides of the trade.

Number of number of rounds = 10
Set the number of times you want to make a number pin.
(10 times number of picks will result in 11 positions held.)

Pick-and-pin interval (Pips) = 10
Sets the number of pips to be used for each reversal.

Nanpin lot multiplier = 1.0
Lot multiplier
This item is used to change the number of lots for each position to be pickpocketed.
If set to "2.0", the number of lots will be doubled for each new pin entry.
If the initial value is 0.01, the number of lots will increase from 0.02 to 0.04 to 0.08, and so on.
Since a small number of multiples can be entered, entering "1.1" will increase the number of lots by 0.01, starting with the 5th nanpin.
The number of lots increases from 0.11 to 0.12 to 0.13 to 0.15... and so on with lot 0.1.

Pips gained on the pick-up position = 5
Sets the number of pips to take in a single trade.

Stop Loss Pips = 500
Sets the number of pips at which the stop loss for the open position will be made in a lump sum.

Maximum position limit = 11
Sets the number of times a position can be entered, up to a maximum of 11 positions positions will be held.

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