TP60Minutes-USDJPY

*For more information about affiliates, please refer to fxon help. Development Concept Long-term back-testing support" to prevent logic collapse in a short period of time Low drawdown" is definitely better Scalping" to take profits quickly and reduce stress Scalping is a method that requires at most one hour to settle, but it is not right to salt the market for a long period of time until a profit is made. Profit = holding time" Profit and holding time should be directly proportional to each other. Maximum of one position": Single-position logic clarifies the superiority of a single product. No swap" No negative swap. It is impossible for any EA to reflect swap in the back test results. Add Trailing Stop" Stop level = 50 points (5.0 pips). Already supported by many brokers. Be more accurate" Eliminate early morning spreads and swaps that cannot be replicated in backtests Do not allow unknown entries" MT4 cannot store tick data, so do not allow entry based on tick decisions. Major currency" Tend to have good trading conditions at all brokers due to its volume in circulation. Forward reproducible back testing" Aim to be able to reproduce the forward trades in subsequent back tests. *M1 data is required for backtesting on all ticks Backtesting is only reliable data if it is accurate and reproducible. No matter how good the back test results are, if there is no high forward reproducibility, there is no point in conducting a back test. Conversely, no matter how good the forward results are, without high back-test reproducibility, it is impossible to correctly confirm the superiority of the logic. Please use backtesting to confirm the different [delivery rates], [trading conditions], and [trade results] of your broker before using the system. By obtaining more accurate back-test results, we believe we can correctly identify issues and make improvements. We developed TP60Minutes with these points in mind. We are always thinking about how to develop a winning EA. This is an EA that I personally developed through trial and error in an attempt to realize my very simple wish: "I want to win at FX trading. I hope you will consider it. Position Holding Time TP60Minutes = 60 to 180 minutes (1 to 3 hours) TP120Minutes = 120 to 240 minutes (2 to 4 hours) TP180Minutes = 180 to 300 minutes (3 to 5 hours) TP240Minutes = 240 to 360 minutes (4 to 6 hours) Backtest for the past 14 years (January 2004 - June 2018) This is a backtest designed for use with the OANDA Pro account. Dollar/Yen (starting at 1 million yen) Spread = 8 EA Specifications

Trading Style	trend follow style
Correspondent Accounts	Yen-denominated accounts, dollar-denominated accounts
Entry Time (Japan time)	Winter 8:05 AM to 4:29 AM Summer 7:05 AM to 3:29 AM	*Entry is made so that it can be settled before rollover.
Entry Time Limit (Japan time)	Winter 4:30 AM - 8:04 AM Summer 3:30 AM - 7:04 AM	*Exceptions will be made for entering a nanpin while holding a position. *Information will be grayed out when the entry time limit is reached.
Monday Trade Start Time (Japan time)	Winter AM10:05～ Summer AM10:05～	*We will wait for the spreads to settle down, as they are particularly volatile at the beginning of the week.
Friday Trade Closing Time (Japan time)	Winter until 14:00 PM Summer until 14:00 PM	*Information will be grayed out when the entry time limit is reached.
EA Holiday Settings	12/24 - 1/5 Friday before Easter	*Trading will be suspended from Xmas to New Year's holidays. *The spread will be widened on the Friday before Easter and it will not be possible to trade on that day.

Usage Notes *1 All users must check/change this information. Please make sure that the "Magic Number" does not overlap when using other EAs in combination with this EA. MaxSpread" is set based on the OANDA demo account spread. *2 If you wish to operate with fixed lots, please use the fixed lot mode. If LimitLots=0.1 and Risk=100, the order will always be placed with 0.1 lot in fixed lot mode. *3 MIN lot order function is available. *4 MT4 account history should be displayed in full. *5 Information is updated every tick. *6 This EA makes entry decisions every 5 minutes (every 1 bar). *7 The lower the spread, the better the broker. Parameter default (recommended value) ■Basic Settings GMTOffset=2 Set GMT for winter time. When backtesting, enter the GMT of the historical data. SummerGMTOffset=3 Set the GMT for daylight saving time. When backtesting, enter the GMT of the historical data. MaxSpread=1.8(1.8) Spread filter; will not trade if MT4 spread is above 18. 18 = Trade.　19 = No trade. Adjust according to your broker. Please note that if you are too strict, you may get "trades in the back test but not in the forward test". Forward Price Deviation NG(1 pips=1.0)=2.0(1.0-2.0) Price Deviation Filter. If the price deviates more than 2 pips from the price you originally wanted, you will not enter. It continues to aim for a re-entry opportunity for one minute. If it is too small, it may not be able to keep up with the forward price movement and may cause an order loss. 　If it is too large, it is more likely to be executed at an unexpected price depending on the forward price movement. 　The TPSL value is also calculated based on the deviated price = the price at which the trade can currently be executed. 　This may cause a difference between the back-test results and the actual results. Slippage=2(2) Slippage filter; if you slip more than 2 points, you will not trade. Cannot be controlled by countdown brokers. Only applicable for streaming brokers. LimitLots=10.0 The number of lots is automatically determined, but an upper limit can be set. Please use this option if you are concerned about the number of lots becoming too large. However, if you set the limit too low, you may not be able to trade according to the EA's original goal because the adjustment range will be lost. If you wish to fix the number of lots, please enter the number of lots you wish to fix in this parameter. Risk (%) per 1 positive = 1.0 (0.5~2.0) This value determines the maximum loss Sinka will incur if it holds one position. In the case of Risk 2.0, the loss is managed at the equivalent of 2% of excess margin per position. In the case of 1 million yen, the maximum loss per trade per position is managed at 20,000 yen. The higher the risk, the higher the number of lots in operation. *Please note that if the surplus margin available for holding positions in other EAs or other currency pairs is reduced, the lot will be calculated as 100% of the reduced state. The fixed lot mode is activated when Risk=100 or more. The number of lots is fixed by referring to LimitLots. In the case of fixed lot, 1% loss control is not applied. InfoColor=0 For black background=0 (white text) For white background=1 (black text) Gray text will be displayed when entry is restricted. Gray text will be displayed when [End of daily trading] or [End of weekend trading] is reached. EAComment=TP60Minutes Comments can be assigned at the time of trade. Please use it for identification. ■Fund Management Settings First-time MinLot safety=false Minimum lot start up to 1 or 2 trades per each magic. true=minimum lot start false=actual trade start Please make sure to use false when using OANDA or MT4 where account history disappears. SecurityLevel=0 The specified percentage reduces the amount of excess margin available to Sinka. In the case of 10% for a fund of 1,000,000 yen, the number of lots is calculated with a fund of 900,000 yen. Please use this as a fund allocation mainly when using other EAs together. Please note that if the amount of available margin is reduced by holding positions in other EAs or other currency pairs, the reduced amount will be set as 100% and the set value % will be subtracted from the reduced amount. ■Magic Number Management Magic1=1012017 Magic2=1022017 Magic3=1032017 Magic4=1042017 When using other EAs together, please make sure that they are not the same number. Numbers are acceptable as long as they are numbers. There are no restrictions. The magic number is identified by "currency pair + magic number", so the same magic number can be used for all three currency pairs.