SkyForex EA01 Auto USDJPY

The lot multiplier and MaxTrade parameters of the trading logic are changed according to the amount of funds, and the trading is repeated using a single trading logic. The complicated parameter settings are done in Auto, so it is easy to implement. Of course, you can set your own parameters by deactivating Auto. Since a large number of trades are repeated, please be sure to have sufficient margin. Confirmation and operation of parameter changes involves risk, so please use the Stragey Tester to fully verify the parameters before use. Trading Currency】USD/JPY only *Other currency combinations will not work. Supported Accounts] Yen and dollar denominated accounts. Account] Micro-lot 0.01 only. Chart] M15 (15 minutes) recommended. *M5 was recommended, but due to the renewal of new positions (nanpin) in the Bar update, there may be a lot of nanpin, so we will change the recommendation to M15. Margin] 500,000 yen or more recommended Auto=true (default) Level Surplus Lot Multiplier Max_Trade Level 1 100,000 yen or less 1.0 3-6 Level 1 100,000-200,000 yen 1.1 8 Level 2 200,000-500,000 yen 1.2 10 Level 3 500,000 to 800,000 yen 1.3 15 Level 4 800,000-1,000,000 yen 1.5 18 Level 5 1 to 1.5 million yen 1.5 18 Level 6 1.5 to 2 million yen 1.5 18 Level 7 2 to 2.5 million yen 1.5 20 Level 8 2.5-3 million yen 1.5 20 Level 9 3 to 4 million yen 1.5 20 Level 10 4 to 5 million yen 1.5 20 Level 11 5 million yen～ 1.5 20 Common to the following PipStep =20 pips + (5 pips x number of trades) *When Auto=true PipStep =30pips *Auto=false StopTardPercent=20 UseEquityStop=false TotalEquityRisk=50% *Not valid when UseEquityStop=false StoplossSky-A=500pips <Name (abbreviation)> <Set value (initial value)> <Function description AUTO_Set(True)---Set parameters from funds (surplus amount). Lot(0.01)・・・・・・・・・ minimum Input in lot units LotExponent(1.0)・・・Lot multiplier Lots×LotExponent^power. 1.0 to 1.6 is recommended. Liner Lot(Fales)・・・・・True will increase the number of lots continuously. *Lot Exponent is not used when Liner Lot is enabled. MaxLots(0.5)・・・・・・・・Maximum number of Lots Lot size limit per trade TakeProfit(20.0)・・・・・1Target profit per trade (in Pips) StopTadePercent(20.0)---Pause when profit/loss/asset result is less than the setting (unit: %) UseEquityStop(false)・・If the set Risk is reached, all positions may or may not be cut off. TotalEquityRisk(50)・・・If UseEquityStop is true, effective stop loss setting risk (unit %) Stoploss_SKY-A(500.0)----Stop loss setting value for SKY-A in Pips (example setting 500) MagicNuber_SKY_A(11111)・・・・Magic No. value of SKY-A Filter_Time(fales )・・・・・・・・・Start if true ～to StopTime, a new position is created only during this time. Outside of this time period, the position will be paused (PAUSE). The Limit and Stop position settings are functional. StartTime(9:00 )・・・・・・・・・・ Set by chart time (server time) StopTime(17:00 )・・・・・・・・・・ Set by chart time (server time) Comment Display(true)---Comment display on chart Now, let's briefly touch on the explanation of the operation of skyforex_EA01. Skyforex_EA01 operates with a single trading logic. SKY-A creates a Sell/Buy position when there is no position, using the 1H momentum, 1H MA (13,21), and RSI as decision criteria. At the same time, set limit and stop orders. If the limit is reached, the profit is confirmed and the next position order is placed. If the Limit is not reached, but the opposite direction is reached at the PipsStep, the position is increased and another order is placed. At this point, a new Limit is set for the previous position and the new position. The *Stop setting remains the same. Additional Explanation of Parameter Settings (Notes) Lots 0.01 Initial lot unit. If the trend goes in the opposite direction of the initial buy or sell, the position will be taken MaxTrades number of times. Since many positions will be created, leave it at 0.01Lots. Please be careful when you change the value of the LotExponent. LotExponent Lot multiplier: Lots x LotExponent^Power Lots. For example, in the case of 1.3 1st 0.01×1.3^0 =0.01 2nd 0.01×1.3^1 =0.01 3rd 0.01×1.3^2 =0.02 4th 0.01×1.3^3 =0.02 5th 0.01×1.3^4 =0.03 Sixth 0.01×1.3^5 =0.04 The number of lots is very large, so it is dangerous to use large values. A large number of lots will result in insufficient funds. Liner Lot The number of lots is calculated by adding 0.01 to the initial lot size of 0.01. 1st 0.01 2nd 0.02 3rd 0.03 4th 0.04 5th 0.05 6th 0.06 Use the number of MAX positions in consideration. A large number of lots will result in insufficient funds. StopTredpercent Default setting value of 20%. *This is the number to use the PAUSE function. If set to 100%, this is the number that does not use the *PAUSE function. This function will pause the trade with a new position if the drawdown is greater than the setting. When this function is activated, "PAUSE" will be displayed in the comment field of SKY-A,. When the profit/loss is recovered, "RUN" will be displayed and trading will resume. The current Limit and Stop are still in effect, so depending on the market price, a stop loss may occur. Risk Management Settings UseEquity is initially set to "Allow" (false). If allowed, all positions will be closed when the threshold set by TotalRiskEquity is reached.　If TotalRiskEquity is low, the number of losses will increase, resulting in a decrease in funds due to losses. The default setting is 50%, but if you wish to use it, set UseEquity to "allow" (true). Stoploss The default value is 500.0 Pips. (Stop Loss Setting) When setting a stop, enter the setting in units of pips. When you order a buy or sell position, a stop is also ordered. If you do not want to set a stop loss, set this value to 0. Please use your own judgment regarding the numerical settings. To run multiple EAs in the same account, you must have MT4 (Metatrader) To run multiple EAs on the same account, you can install MT4 (MetaTrader) in different folders for each EA. However, please note that this will affect money management. If possible, it is preferable to operate each EA in a different account. (Note: Please avoid running multiple EAs on a single MT4 as it may cause errors or malfunctions.) Wishing you all good health and happiness." By SkyForex

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11/01/28 09:04 addition
The parameters of this EA vary depending on the financial situation. Running other EAs at the same time in the same account may involve a large risk, so we recommend using a different account for each EA. Added on September 1, 2012 From Ver. 1.4 Brokers to be confirmed Forex.com(JP) Alpari(JP) FXCM(JP) 2. Currency pairs with special characters are now supported. Some brokers may display currency pairs with special characters added to the currency pair. If a currency pair with special characters is displayed by a broker other than the one that has been tested, the following procedure will be applied. (Example) In the case of USDJPY EA If the currency pair is represented as "abcUSDJPYdefg Parameter input (setting) Pair_Front=abc Pair_Back=defg You can add characters (including special characters) before and after the currency pair by setting "Pair_Front=abc <Revision History 2013.05.25 FXCM Japan was removed from the list of applicable vendors. Too many requests] occurred when running EA. 2013.06.22 EA revision Ver1.71 Upload application registration 2015.11.08 EA Revision Ver1.8 Upload Application Registration Currency pairs are now free. (However, we have not confirmed that it works properly for all currency pairs.) 　　　　　　　Please check the operation by yourself before use. A trailing stop function has been added. (Default value=false) 　　　　　　　A time-up function has been added. (Default=false, 48 hours) 　　　　　　　MM function has been added. (Default=false) Effective from a minimum margin of $10,000. 2016.02.01 EA Revision Ver1.8.1 Upload Application Registration 　　　　　　　User can now set the nanpin width setting for Auto_Set.