Twilight

twilight Features

Innovative morning scalper for 5 currency pairs

This is a morning scalar EA that operates simultaneously on a total of five currency pairs: dollar-yen, euro-dollar, euro-yen, pound-dollar, and pound-yen. The leg to be operated is the 5-minute leg. While using completely identical logic, the EA achieves steady growth in results for all currency pairs. This proves the overwhelming superiority of the logic without optimizing for a specific currency pair. Since the investment is diversified across multiple pairs, results are more stable, leading to improved profitability and reduced risk.

Reverse entry for early morning hours

Morning Scal" is a technique that takes advantage of the fact that a range market tends to form in the early morning hours of Japan time. By entering the market at the upper and lower limits of the range, traders can earn stable profits. This is a well-known logic that has already been shown to be superior by many books and EAs, so you can use it with peace of mind. We refrain from entering early Monday morning and late Friday night when the spread is likely to widen, and do not carry over positions on the weekend to avoid risk.

More than 12,000 backtests prove superiority

While a typical EA should make one entry per week, Twilight makes entries almost every day due to its unique logic and simultaneous operation of 5 currency pairs. The results tend to converge (i.e., the law of large numbers), which stabilizes the results in real operations. Entry/closing based on the opening price further enhances the reproducibility of the backtest.

Narrow stop-loss, one position fixed, easy to use

In "White Bear Z USDJPY", a major morning scalper, the take profit is 7 pips and the loss is 60 pips, but in "Twilight", the take profit is 10 pips and the loss is 50 pips. You can see that the risk-reward (stop-loss/take-profit) ratio is high. In addition, since only one position is held for each currency pair, risk management is easy and this EA is easy for beginners to handle. You can choose the currency pair according to your preference or narrow the stop-loss ratio further.

Of course, we don't use the nan-pinning martingale.

Needless to say, we do not use any high-risk methods, such as nanpinning or martingale. We design EAs based on the belief that "superior logic can generate profits even with fixed lots. Although it does not have a spectacular win rate or PF, we aim to generate a stable profit in total, even though we sometimes take a loss and sometimes make a negative profit.

Transaction Image

▲EUR/JPY, Actual trading on October 11, 2017 (broker is Oanda Japan Tokyo server). Sense oversold at 6:00am Japan time, buy entry, exit after 7:00am. Works well even in cross yen where spreads tend to widen.

back-testing

Total of 5 currency pairs (January 2005 - September 2017)

▲ Over 12,000 trades, over 80% win rate, and very smooth asset curve with an average annual interest rate of around +50% ( calculated at 0.1 lot per 100,000 yen) There have been almost no drawdowns since 2010, with the more recent results being better. Most EAs win or lose from year to year, so it is easy to get uneven results. There are few EAs that have such a stable asset curve while using a single fixed position without using a nanpin martin and a common sense stop-loss range of 50 pips at most. Please compare it with backtests of other EAs.

USD/JPY (January 2005 - September 2017)

EUR/USD (January 2005 - September 2017)

EUR/JPY (January 2005 - September 2017)

GBP/USD (January 2005 - September 2017)

GBP/JPY (January 2005 - September 2017)

Setting items

(data) item	initial value	Description.
Number of lots	0.2	The number of lots for each currency pair. Set it according to your funds. Please note that if the lot size is too large, you will not be able to take positions on 5 currency pairs at the same time. The guideline is about 0.1 lot per 100,000 yen for the total of 5 currency pairs. The initial value is assumed to start with 1,000,000 yen.
Loss (pips)	50	This is the range up to the stop loss. The internal logic will also stop loss, but please consider this as an insurance policy just in case. Although the performance on the test will be slightly lower, it can be operated even narrower.
Profit (pips)	10	This is the range to profit taking. The internal logic will also take profit.
Trailing Stop (pips)	0	Disabled by 0. Unused by default.
magic number	171007	This is the identification number of this EA. Please be careful not to be the same as other EAs.
Slippage (pips)	3	The maximum slippage allowed.
Maximum spread (pips)	3	The maximum spread allowed; ideally around 1 pips, but no more than 3 pips maximum is acceptable.

Annual Profit Chart

▲This is the annual profit and loss graph from 2005 to September 2017.This is the profit model when 0.2 lots are moved with 5 currency pairs. 12 consecutive years of positive profit and loss shows the stability and profitability of this EA. The average annual return is around +50% (when converted to 0.1 lot per 100,000 yen). Please note that increasing the lot size will of course increase the earnings, but will also increase the drawdowns.