Beyond the horizon

■Introduction I started creating EAs three years ago. At that time, I had about 200,000 yen available for FX, but now that amount has exceeded 10 million yen. Now that I have reached a certain milestone, I would like to share one of the EAs that I have used myself. The name of this EA is "Beyond the Horizon. I named it "Beyond the Horizon" because it enters when a specific horizontal line with a high advantage is broken, and also in the hope that you will reach a place of success that you have not yet seen. It may be a bit pretentious. The profit factor is over 1.3, which means that if you have 1 million yen in your pocket and use 1x leverage, you will earn about 200,000 yen a year. Although it depends on the broker, this figure will hardly change in actual operation. The low drawdown, the medium win rate (40%) while maintaining a small loss and large profit, and the high profitability when compounded are also attractive features of this EA. (Profit factor, earnings when compounded, etc., will be discussed in detail further down the road.) About this EA ○ Entry Entry is made at statistically superior points based on over 10 years of past data. Entry is forfeited when losses are expected to exceed a certain level. Generally, we enter about 500 times a year, about 1 or 2 times a day. Exit The exit time is 5:00 a.m. Japan Standard Time. This is because the trend often ends or turns around this time. Losses, Profits, and Win Ratio The margin of loss is limited, with an average loss of about 20 pips. On the other hand, the profit margin is large, averaging about 40 pips, and often exceeds 200 pips. Generally, the smaller the stop-loss margin, the lower the win rate, but this EA maintains a medium win rate (approximately 40%). ○Trading frequency The EA will trade about once or twice a day. In the case of low advantage, there are days when trades are not made (about one day per week). The number of trades indicates that the results of the back-test are reliable. (In general, the higher the number of trades in the backtest, the more often the results of the backtest are reflected in the actual trades.) Other No Nan-Pinning No martingale Maximum number of positions held: 1 No double counting Back test results Simple interest operation for the last 5 years The following are the results of simple interest operation (fixed number of lots) for the most recent 5 years. The parameter settings are as follows. Initial margin: 10,000 currency Compound interest: false (simple interest operation) Number of lots: 0.5 lots (about 5 times leverage) <Back-test results for the last 5 years (simple interest operation) Change in funds: 10,000 to 57,000 currency Profit factor: 1.34 Maximum drawdown: 7.73 Despite the high leverage, the drawdown is low. <Performance Results for Each Fiscal Year The following is a back-test result for each year over the past 5 years. The settings are the same as above (initial margin: 10,000 currencies, simple interest, 0.5 lots). Although profits are larger in trending markets, this EA is characterized by a certain level of profit even in a range market. ○Compound interest operation This is the result of compound interest operation for the last 5 years. The parameter settings are as follows. Initial margin: 10,000 currency Compound interest: true (compound interest operation) ＜Leverage: 2 Profit factor: 1.26 Change in funds: 10,000 to 56,516 currency <Leverage: 3 Profit factor: 1.23 Change in funds: 10,000 currency → 124,101 currency <Leverage: 4 Profit factor: 1.20 Change in funds: 10,000 currency → 256,485 currency Both profit factor and win rate are above medium, so we can say that this EA is suitable for compound interest management. ■Trading Image The trading image is as follows. Entry will be made between 10:00 a.m. and 4:00 a.m. Japan time, at a time that is considered advantageous. Profit taking will take place at 5:00 a.m. Number of units sold 1,000 units The reason for limiting the number of sales is to maintain the superiority of the method. Parameters ○Magic number Initial value: 170812 This is a number to identify this EA. Please assign a number different from other EAs. If the initial value is different from other EAs, there is no need to change it. ○Compound interest Initial value: false If false, the EA will operate with simple interest and trade with the number of lots set in the "Number of Lots" field. If true, the system operates with compound interest. In this case, it is necessary to specify in the "Leverage" section what percentage of the surplus margin in the trading account will be used. ○Leverage Default value: 2 If "true" is selected in the "Compound Interest" field, this field must be set. This item allows you to specify what percentage of the surplus margin amount in your trading account will be used for trading. For example, if you have 10,000 currency units ($10,000) of excess margin, you would enter the following volume Leverage = 1 → 10,000 currency entries Leverage = 2 → Entry with 20,000 currency ...... Leverage = 10 → Entry with 100,000 currency The trade performance (back test) when compounded is as shown in the "Back Test Results" above. ○Lot size Default value: 0.1 lot This item is set when the "Compound Interest" item is set to "false. This item specifies the number of lots (the amount of funds to enter). The default value is 0.1 lot. In the case of regular forex services, each lot is 100,000 currency, so 0.1 lot is 10,000 currency. ○Slippage Initial value: 3 pips If the slippage is greater than this value, no entry is made. Most brokers will allow you to leave this setting as it is. ○Trade start time, trade end time, and exit time The default values are as follows Trade start time: 4 Trade end time: 22 Exit time: 23 If your MT4 time is GMT+3 (summer time)/GMT+2 (winter time) for general brokers, there is no problem with the above settings. If your MT4 time differs from the above, please change the settings as shown in the "Time Setting Chart" in the "Others" section below. Key Factor Default value: 50 This item is used to specify the value of the key variable for this EA. In the case of the market conditions of the past few years, the profit will be maximum when the setting value = 50. There is no need to change this setting for slight fluctuations in the market environment. If the market environment changes significantly, it may be necessary to change this setting. If changes are necessary, I will notify you through the community on this site, my website, social networking sites, etc. Others ○Time Schedule ○Answers to Questions We are sorry, but as a rule, we do not respond to individual questions. This is due to the fact that I have very limited time to respond to questions due to my work schedule. However, if we receive questions from the community, etc., and there are frequently asked questions, we will create a PDF file such as "Frequently Asked Questions" and make it available to the public. Please understand this in advance. EA creator Graduated from the University of Tokyo. He has been creating EAs for 3 years and has created more than 100 EAs. The initial capital at the start of creation was 200,000 yen. Now he has more than 10 million yen. He has 3 EAs in his first army. He also has 3 EAs in his second army. The EA released this time is ....... In any case, we will release them gradually. Main business: FX, writing, organization staff ○Manifesto Year after year, Japan's economy has only been declining. However, we Japanese, we must not continue to be poor. I will strive to create good EAs and keep releasing them to everyone. I will continue to work hard so that the era of wealth will return to Japan! I plan to disclose how to create EAs, FX trading methods, etc. on my website, etc. in the future. We do not have a website yet. When I do, I will announce it in the community, etc. Thank you for your continued support.