Only One Euro Dollar (Standard)

About ▌EA

Developed by American investor John Bollinger, it measures market swings based on price data over a period of time.Statistical PerspectiveIt has Bollinger Bands that predict the range of price fluctuation fromLook for "market push".The Elliott Wave Theory is a theory that uses the Elliott Wave Theory as a guide. While examining market waves over a certain span of time in the past with reference to the concept of Elliott Wave Theory.Eliminate "dupes."Do. A strategy that trades at the "push" which is considered to have a high probability of winning.Trailing stop strategy to help you make the most profit at all times.The "exit" mode is implemented when things don't go as expected. Of course, when things do not go as expected, the implemented withdrawal mode is triggered and settlement is made at the optimal location to minimize losses. In addition, the EA values risk management with a SL of 90 pips per position, so even beginners can feel free to use the EA.

There are ▌2 packages available.

Affordable if you want to operate with a fixed number of lotsStandard PackageI recommend the(Forward test was measured with the standard package) If you want to get rich quick, you can use the compound interest mode, which automatically calculates the number of lots according to the account balance to realize the highest profit.full packageRecommendation for

▌ Backtesting Methodology

This is a video of a single win, but the method itself is the same.

The "Period_converter_ALL" is a tool for converting the data shown in the video. There are many websites that introduce the "Period_converter_ALL" tool for converting data. Please search for it on the Internet and obtain it yourself.

▌ Parameter settings, default values in parentheses *Full package example

It's easy to set the parameters! The below is written at length, but in real life, most of the parameters will remain at their default settings. Please do not worry.

UseAutoTime (true) Set to true for real. Allows automatic GMT adjustment regardless of broker. Default trading hours are as follows Mar 01-Oct 31, Japan time Monday 8:00 - Friday 8:00 pm (mainly traded in NY time) (The EA is designed so that it does not enter between 10:00 and 20:00 every day since it is a type of EA) Nov 01 - Feb 28, Japan time Monday 9:00 - Friday 21:00 (The EA is designed not to enter between 11:00 and 21:00 every day as it mainly trades in New York time) OpenDay (1) ← For back testing Specify the day of the week to start trading, 0=Sun 1=Mon 2=Tue 3=Wed 4=Thu 5=Fri 6=Sat 5=Fri 6=Sat OpenHour (2) ← For back testing Designation of time to start trading Use_WeekClose_Function (true) ← Parameter for back testing Use_Weekend_Close_Function (true) ← Parameter for backtest Use_Weekend_Close_Function (true) ← Parameter for backtest ExitDay (5) ← for back testing When using the weekend close function, specify the day of the week to close. ExitHour (14) ← For back testing When using the weekend close function, specify the close time. ExitMinute (1) ← For back testing When using the weekend close function, specify the close minute. In MT4, some time functions can only be used in the real market and require time settings, so parameters for back testing are provided. However, if you use the FXDD data introduced in the video on how to backtest, you can leave the default settings and simply set UseAutoTime to false. If you want to backtest with data other than FXDD's, you need to set UseAutoTime to "false" and then set each parameter for backtesting referring to the GMT chart below. Lots (1.0) The number of lots to place an order. In compound interest mode, the number of lots is automatically calculated and ignored. TP (20) The take profit value of the entry. SL (90) Stop loss value of entry TL (25) Trailing stop value (system automatically determines when trailing stop is triggered) Comment (Only One EURUSD By CY) If you are operating multiple EAs, you can know which EA placed the order for the position you are holding by adding appropriate comments. This setting is optional. MagicNumber (20170820) This is a magic number that manages the positions opened by EAs. When operating multiple EAs, make sure that the magic number for each EA is different. MaxSlippage (3) If slippage is greater than this value, entry will not be made. Unit Pips MaxSpread (3.0) Entry will not be executed when the spread exceeds this value. Unit Pips MM_Mode (false) True uses compound interest mode. The number of lots is calculated automatically. Only dollar and yen accounts are available. MM_MoneyMode (FreeMargin) Functions in compound interest mode. There are two types of parameters to choose the base money for the automatic calculation of the number of lots. 1) FreeMargin = Excess margin 2) Balance = account balance The difference between the two If you have other positions in the same account, excess margin includes the unrealized loss or gain on those positions, but not the account balance. MM_MoneyDivide (100) Functions in compound interest mode. This parameter determines how much of the selected base money is allocated to compounding. Unit (%) Example. Suppose you have 1,000,000 yen in your account and you want to run Ippon Win and Color Your Life V2 in compounding mode at the same time. If you want to allocate 40% and 60% of the account balance to each, the parameter settings are as follows Parameters for a single win MM_MoneyMode = Balance ← Base money is determined first MM_MoneyDivide = 40 Color Your Life V2 parameters MM_MoneyMode = Balance MM_MoneyDivide = 60 Until now, we have recommended one EA per account, but the combination of MM_MoneyMode and MM_MoneyDivide allows multiple EAs to operate simultaneously in compound interest mode even in the same account. MM_MoneyMode and MM_MoneyDivide can be used to run multiple EAs at the same time in compound mode. RiskLevel (100.0) The EAs will function in compound interest mode. The number of lots automatically calculated is a parameter for setting the percentage of the base money that you want to limit the loss in the event of SL. Range 1-100 The loss indicated by this EA is the "required margin + loss in case of SL". Example. Let's say you have 1,000,000 yen in base money and 40,000 yen in margin is required to place 1 lot order. If SL occurs in 1 lot, the maximum loss is 60,000 yen. Then the maximum loss for 1 lot is 100,000 (40,000 + 60,000). If RiskLevel=100, the number of lots automatically calculated is "10". 1,000,000 * (100/100) / 1,000,000 (100/100) / (4 + 6) = 10 If RiskLevel=50, the number of lots automatically calculated is 5. 1,000,000 * (50/100) / (4 + 6) = 5 *For ease of calculation, we assume 40,000 yen margin and 60,000 yen SL in one lot number. If you wish to operate in compound interest mode, please simulate the number of lots based on your planned operating funds in a back test in advance. Please put the system into production after you have a rough idea of the number of lots. ChangeLeverage (false) In compound interest mode, this function allows you to adjust the leverage to a smaller amount. ChangeLeverage (25) If ChangeLeverage is set to true, specify the leverage value to be adjusted. Example. If you want XM to increase your leverage from the original 888x to 25x, set ChangeLeverage to true and enter 25. If you want to operate at your account's original leverage, ignore this parameter. UseImpAnouStop(false) If you choose true, you can disable trading between important indicator announcements. If you do not want to use it, do not forget to set it to false. StopDayHourMinute (false) This function works with UseImpAnouStop. Position force close when the specified time is reached. Multiple time periods can be registered, but the rules are as follows. Day of the week/what time it starts/what time it endsN day of the week/what time it starts/what time it ends・・・・Unlimited *For days of the week, 0=Sun 1=Mon 2=Tue 3=Wed 4=Thu 5=Fri 6=Sat When setting multiple time slots, be sure to put N in the middle. All times are computer time. They are not the broker's time. When setting multiple time zones, be sure to enter them in the order of the time that comes first. Example 1. Do not allow trades between 11:15 and 12:20 on Wednesday. 3/1115/1230 Example 2. Do not allow transactions between 9:00 a.m. and 14:00 p.m. on Tuesdays and Thursdays. 2/0900/1400n4/0900/1400 NewYearStopMode(true) Default setting is no entry between 12/20 and 01/05. IsOrderDivide (No) There are three types of split order functions. If set to [No], the order divide function is not used. Auto: Automatic split order placement Example: Assume that the number of lots set is 100. Assume that the number of lots set is 100. The broker's maximum number of lots per order is 40. Then the order is placed in 3 installments. 1st: 40 lots 2nd: 40 lots Third: 20 lots If you choose [Manual], you can decide the number of lots per order by yourself. It is essential to use this in combination with OrderMaxLots, which will appear later. Example. Suppose the number of lots you set is 100, and OrderMaxLots is set to 25. Then the order will be placed 4 separate times. 1st time: 25 lots 2nd: 25 lots 3rd: 25 lots 4th: 25 lots The maximum number of lots per order cannot exceed the broker's maximum number of lots per order. In that case, the number of lots per order will be adjusted to the broker's maximum value. For example Let's say the number of lots set is 100, and OrderMaxLots is set to 50, which would normally require 50*2 times, but since the broker's maximum lot size per order is 40, the order will be placed 3 separate times. The order is placed three times. 1st: 40 lots 2nd: 40 lots 3rd: 20 lots OrderMaxLots (20) These are the parameters introduced above, which will work if IsOrderDivide is set to "Manual. OrderRetry (false) Added in Ver1.8. If the spread suddenly widens and exceeds the limit when placing an order, the order will fail. Some brokers will invalidate the failed order, while others will store the order and execute it at once at a certain point in time. In the latter case, there is a risk of being forced to hold multiple positions. We have created this parameter to hedge that risk. The default is false, i.e., if the order fails, it shall not be re-executed. The default setting is recommended. However, please note that not reordering may cause differences from the forward test in the week in which the order failure occurs.

Display of each information chart

As you have more and more EAs in operation, sometimes you may wonder what the parameters you have set are. We have visualized each information so that you can operate EAs with more peace of mind. The explanation of each information is as follows.

Note

Please note that only some of the EA operable companies are shown due to the display area, but basically, as long as you have MT4, you can use this EA regardless of the broker. Please be assured. Please be aware that the results of trades may differ even with the same broker due to the condition of the line and spread, etc., as is true of all EAs. Please be sure to have your EA up and running before the market opens on Monday (the "Nico Chan" symbol is displayed). It does not matter what day of the week it is, Saturday or Sunday. This operation assumes that the EA is stopped on Friday, etc. If you are using a VPS, etc. and have not stopped the EA operation in the first place and the Nico Chan mark has appeared for a long time, you do not need to do anything. If you close MT4 and restart it, the positions held by this EA will be closed. Also, please note that the EA may be entered as soon as the EA is stopped just before an indicator is announced and restarted after that. If you do not want your EA to automatically trade between indicator announcements, please use Ippon_UseImpAnouStop. If you have any questions regarding account verification, please feel free to contact us at fx-on's inquiry form.