Final 3 furlongs
Expert Advisors
MetaTrader 4
Sales from
1/24/2018
Last Updated At
8/3/2018
Version
1.4
My Profile
CY- Whole period
- 2 years
- 1 year
- 6 months
- 3 months
- 1 month
Profit
:
435,087JPYProfit Factor
:
1.17Rate of return risk
?
:
0.51Average Profit
:
8,631JPYAverage Loss
:
-62,564JPYBalance
?
:
1,435,087JPYRate of return (all periods) ?
:
18.61%Win Rate
:
89.42%
(372/416)
Maximum Position
?
:
1Maximum Drawdown
?
:
23.43%
(845,225JPY)
Maximum Profit
:
41,800JPYMaximum Loss
:
-92,100JPYRecommended Margin
?
:
2,337,430JPYUnrealized P/L
:
0JPYDeposit
?
:
1,000,000JPYCurrency
:
JPY- Account
Operable Brokers
Usable with MT4-adopting brokers.
Real Performance
※Displays results including swaps and fees
Forward testing (Profit)
Product Statistics
Product Comments
Monthly Statistics
2026
2025
2024
2023
2022
- Jan
- Feb
- Mar
- Apr
- May
- Jun
- Jul
- Aug
- Sep
- Oct
- Nov
- Dec
Calendar for Months
About EA's Strategy
Translating...
Currency Pairs
[USD/JPY]
Trading Style
[Scalping]
Maximum Number Position
1
Maximum Lot
1
Chart Time Frame
M5
Maximum Stop Loss
90
Take Profit
10
Straddle Trading
No
Application Type
Metatrader Auto Trading
Other File Usages
No
Follow @ winwin201six
EA's forward test rankings for exhibitions are Updated here . Please take a look at it once. In addition, it is said that building a portfolio is essential in order to continue producing stable profits. Pick up a good-looking EA in the rankings This activity supports you to build a portfolio. The documents are available free of charge, so please check them out if you like.
EA's forward test rankings for exhibitions are Updated here . Please take a look at it once. In addition, it is said that building a portfolio is essential in order to continue producing stable profits. Pick up a good-looking EA in the rankings This activity supports you to build a portfolio. The documents are available free of charge, so please check them out if you like.
Above 3 Haron Premium Edition
Origin of name
Going up 3 Haron is one of horse racing terms and is called going up at the end of the race. Haron is Japanese English, and correctly it is furlong. In the early Meiji period, the English shauma law was used. 1 Haron is about 200 meters. In other words, rising up to 3 haron means calculating back from the goal and measuring 600 meters. This uplifting 3 halon is the last spurt that can be seen in the last straight line, which is the essence of horse racing, and is also said to be the distance the horse runs at full speed. On December 24, 2017, I decided this name after watching Arima Memorial at Nakayama Racecourse. In other words, I wished that I could become an "full speed EA that can help the investment management of investors."
EA Overview
Commitment to analysis of candlestick shape, it is a scalping type EA with a back test winning rate exceeding 90%.
Not only winning rates of over 90%, but also the following points.
1) Realize one position
Unlike amps and martingale type EAs, the maximum position is 1 and risk control is easy.
Achieving a high winning rate on the basis of risk management. As it is a maximum of one position, the necessary margin money is reduced and capital efficiency is improved.
2) Realize 90Pips for Stop Loss value
Not only one maximum position but a maximum stop loss of 90 Pips achieves high winning percentage
As long as there are multiple positions and deep stop loss values, there will be no carryover of positions to the next week rather than waiting indefinitely unless there is a conflict.
Even in the worst case per position, 90 Pips is sufficient. Above all I think whether it is safe to operate with a stop loss value that does not exceed 100 Pips without multiple positions for a long time.
3) Achieve low drawdown
The figure below is a 12 year back test up to 2005.01.01-2017.12.31 with 0.1 lot fixed.
Notice the "Max Drawdown" surrounded by green lines. The maximum drawdown is ¥ 260,000 per 0.1 lot.
You can feel free to start forex investment with the automatic trading system that is stress free.
Although the degree of recognition is low and offers a little cheaper than other EAs, EA itself is an article with confidence.
We plan to implement price revisions in stages according to sales and results. We offer it at a price considerably lower than the desired price Now, how is it in one of the portfolios?
Let's build a portfolio
No one knows about the future. There is a risk of betting on one EA.
So, it goes without saying that reducing the sole risk by constructing the portfolio, as well as collecting different types of EAs, the timing of trading will be different, so it can be expected that trading free time and operating funds can be used more effectively. Upside down 3 halons My first glance , 臥 薪 嘗 , Only one (dollar yen) , Only One (Eurodollar) There is an EA. In FX, it is said that the construction of a portfolio is indispensable to continue producing stable profits. For beginners who are just starting to buy and sell, we recommend you to experience these simple EAs. As automatic trading gradually gets used to it, how about trying the next EA as well? One win , Color Your Life V2 , Color your life V1 . Although it is a little expensive amount, it has been consistently providing profits in the long forward test, so there are people who think that it is never expensive. Now we have implemented various campaigns. Please consider.
How to back test
※ The video is a single win, but the way is the same.
Data for back test can be obtained at the following URL.
FXDD Metatrader Historical Data
※ The tool for converting data that is out in the animation "Period_converter_ALL",
There are a lot of sites being introduced, so I will omit it. Please search and obtain for yourself on the Internet.
Parameter settings, inside () is the default value
※ Easy to set parameters! Below is a long description, but in real, most of the parameters remain at their default settings. Please rest assured.
・ TF_UseAutoTime (true)
Please set true in real. You can adjust GMT automatically regardless of broker.
The default trading hours are:
March 01-October 31 Japan time Monday 8:00 am-Friday 20:00 am
November 01-February 28 Japanese time Monday 9:00-Friday 21:00
・ TF_OpenDay (1) ← for back test
Trading start day specified, 0 = day 1 = month 2 = Tuesday 3 = water 4 = tree 5 = Friday 6 = Saturday
・ TF_OpenHour (2)
← for back test
Designation of transaction start time
・ TF_Use_WeekClose_Function (true) ← back test parameter
Weekend position forced closing function, true = use, false = not use
· TF_ExitDay (5) ← for back test
When using the weekend close function, specify the closing day of the week
· TF_ExitHour (14) ← for back test
When using the weekend close function, specify the closing time
・ TF_ExitMinute (1) ← for back test
When using weekend close function, close minutes specified
※ In MT4, some functions of the time system can only use real and require setting of time, so parameters for back test exist. However, when using the data of FXDD company introduced in the backtesting method animation, it is only necessary to set TF_UseAutoTime to false with default settings.
* When backtesting with data other than FXDD, it is necessary to set parameters for backtesting while referring to the following GMT chart after setting TF_UseAutoTime to false.
・ TF_Slippage (3)
If slippage is above this value, no entry will be made. Unit Pips
・ TF_MaxSpread (3.0)
If the spread is above this value, no entry will be made. Unit Pips
・ TF_Lots (1.0)
The number of order lots.
・ TF_MagicNumber (20180106)
It is a magic number. Manage positions built from EA. Set an integer value other than 0. When operating multiple EAs, make sure that the magic numbers of each EA are different.
・ TF_TP (10)
About profit taking.
・ TF_SL (90)
Loss cut.
・ TF_UseImpAnouStop (false)
If you choose true, you can prevent trading between key indicator announcements.
If you do not use it, don't forget to set it to false.
・ TF_StopDayHourMinute ()
It works with the use of TF_UseImpAnouStop. Position forced close when it is designated time. Multiple time zones can be registered, but the rules are as follows.
Day of the week / what hour and a minute start / what hour and a minute end N day of the week / what hour and a minute start / what hour and a minute end ... unlimited
※ For the day of the week, 0 = day 1 = month 2 = Tuesday 3 = water 4 = tree 5 = Friday 6 = Saturday
When setting multiple time zones, be sure to put N in the middle. All the time is PC time. It is not a broker's time. Also, when setting multiple time zones, be sure to enter the time in the order that comes first.
Example 1:
Do not trade between 11:15 and 12:20 on Wednesday.
3/1115/1230
Example 2:
Do not trade between 9 am and 14 pm on Tuesday and Thursday.
2/0900 / 1400N 4/0900/1400
・ TF_Comment (ThreeFurlong USDJPY by CY)
If you are operating multiple EAs, you can determine which EA you have placed the position you are holding by putting appropriate comments. Setting is optional.
-NewYearStopMode (true)
By default, 12/20 to 01/05 will not be entered.
・ Add from OrderRetry (false) Ver 1.4
When the spread suddenly spreads at the time of ordering and the limit value is exceeded, order failure occurs.
If there is a broker that invalidates the failed order, there is also a broker that immediately completes the order at the time that it is being stored. In the latter case, there is a risk that you will have multiple positions. We created this parameter to hedge that risk. If the default is false, ie if the order fails, no reordering will occur. The default settings are recommended. However, please note in advance that differences may occur between the forward test and the week in which the order has failed due to non-reordering.
About recommended operating funds
Reference this article Please
About important points
・ There is only a partial display of EA manageable companies due to the display area, but the basis is that if MT4 exists, this EA can be used regardless of the broker. Please rest assured.
・ Please note that the result of the trade may be different even with the same broker due to the condition of the line and spread, etc., as can all EA.
・ Make sure that the EA will be put into operation by the market opening on Monday (the Nico Chan Mark has appeared). There is no problem on Saturday or Sunday regardless of the day of the week. This work assumes that EA is stopped on Friday etc. to the last. You do not have to do anything if you are using VPS, etc. and the EA operation has not been stopped in the first place and the Nico Chan mark has been out for a long time.
-When MT4 is closed and restarted, the position held by this EA is settled. Also, please be aware that the EA may be stopped immediately before releasing the indicator, and then it may be entered immediately after resuming operation. Please use TF_UseImpAnouStop if you do not want to have EA automatically buy and sell between index announcements.
・ FAQ and version update history etc. Blog .
・ Account verification method Feel free to contact us at fx-on's inquiry form .
Origin of name
Going up 3 Haron is one of horse racing terms and is called going up at the end of the race. Haron is Japanese English, and correctly it is furlong. In the early Meiji period, the English shauma law was used. 1 Haron is about 200 meters. In other words, rising up to 3 haron means calculating back from the goal and measuring 600 meters. This uplifting 3 halon is the last spurt that can be seen in the last straight line, which is the essence of horse racing, and is also said to be the distance the horse runs at full speed. On December 24, 2017, I decided this name after watching Arima Memorial at Nakayama Racecourse. In other words, I wished that I could become an "full speed EA that can help the investment management of investors."EA Overview
Commitment to analysis of candlestick shape, it is a scalping type EA with a back test winning rate exceeding 90%. Not only winning rates of over 90%, but also the following points. 1) Realize one position Unlike amps and martingale type EAs, the maximum position is 1 and risk control is easy. Achieving a high winning rate on the basis of risk management. As it is a maximum of one position, the necessary margin money is reduced and capital efficiency is improved. 2) Realize 90Pips for Stop Loss value Not only one maximum position but a maximum stop loss of 90 Pips achieves high winning percentage As long as there are multiple positions and deep stop loss values, there will be no carryover of positions to the next week rather than waiting indefinitely unless there is a conflict. Even in the worst case per position, 90 Pips is sufficient. Above all I think whether it is safe to operate with a stop loss value that does not exceed 100 Pips without multiple positions for a long time. 3) Achieve low drawdown The figure below is a 12 year back test up to 2005.01.01-2017.12.31 with 0.1 lot fixed. Notice the "Max Drawdown" surrounded by green lines. The maximum drawdown is ¥ 260,000 per 0.1 lot. You can feel free to start forex investment with the automatic trading system that is stress free.Let's build a portfolio
No one knows about the future. There is a risk of betting on one EA. So, it goes without saying that reducing the sole risk by constructing the portfolio, as well as collecting different types of EAs, the timing of trading will be different, so it can be expected that trading free time and operating funds can be used more effectively. Upside down 3 halons My first glance , 臥 薪 嘗 , Only one (dollar yen) , Only One (Eurodollar) There is an EA. In FX, it is said that the construction of a portfolio is indispensable to continue producing stable profits. For beginners who are just starting to buy and sell, we recommend you to experience these simple EAs. As automatic trading gradually gets used to it, how about trying the next EA as well? One win , Color Your Life V2 , Color your life V1 . Although it is a little expensive amount, it has been consistently providing profits in the long forward test, so there are people who think that it is never expensive. Now we have implemented various campaigns. Please consider.How to back test
※ The video is a single win, but the way is the same.Data for back test can be obtained at the following URL. FXDD Metatrader Historical Data
※ The tool for converting data that is out in the animation "Period_converter_ALL", There are a lot of sites being introduced, so I will omit it. Please search and obtain for yourself on the Internet.Parameter settings, inside () is the default value
※ Easy to set parameters! Below is a long description, but in real, most of the parameters remain at their default settings. Please rest assured. ・ TF_UseAutoTime (true) Please set true in real. You can adjust GMT automatically regardless of broker. The default trading hours are: March 01-October 31 Japan time Monday 8:00 am-Friday 20:00 am November 01-February 28 Japanese time Monday 9:00-Friday 21:00 ・ TF_OpenDay (1) ← for back test Trading start day specified, 0 = day 1 = month 2 = Tuesday 3 = water 4 = tree 5 = Friday 6 = Saturday ・ TF_OpenHour (2) ← for back test Designation of transaction start time ・ TF_Use_WeekClose_Function (true) ← back test parameter Weekend position forced closing function, true = use, false = not use · TF_ExitDay (5) ← for back test When using the weekend close function, specify the closing day of the week · TF_ExitHour (14) ← for back test When using the weekend close function, specify the closing time ・ TF_ExitMinute (1) ← for back test When using weekend close function, close minutes specified ※ In MT4, some functions of the time system can only use real and require setting of time, so parameters for back test exist. However, when using the data of FXDD company introduced in the backtesting method animation, it is only necessary to set TF_UseAutoTime to false with default settings. * When backtesting with data other than FXDD, it is necessary to set parameters for backtesting while referring to the following GMT chart after setting TF_UseAutoTime to false.
・ TF_Slippage (3)
If slippage is above this value, no entry will be made. Unit Pips
・ TF_MaxSpread (3.0)
If the spread is above this value, no entry will be made. Unit Pips
・ TF_Lots (1.0)
The number of order lots.
・ TF_MagicNumber (20180106)
It is a magic number. Manage positions built from EA. Set an integer value other than 0. When operating multiple EAs, make sure that the magic numbers of each EA are different.
・ TF_TP (10)
About profit taking.
・ TF_SL (90)
Loss cut.
・ TF_UseImpAnouStop (false)
If you choose true, you can prevent trading between key indicator announcements.
If you do not use it, don't forget to set it to false.
・ TF_StopDayHourMinute ()
It works with the use of TF_UseImpAnouStop. Position forced close when it is designated time. Multiple time zones can be registered, but the rules are as follows.
Day of the week / what hour and a minute start / what hour and a minute end N day of the week / what hour and a minute start / what hour and a minute end ... unlimited
※ For the day of the week, 0 = day 1 = month 2 = Tuesday 3 = water 4 = tree 5 = Friday 6 = Saturday
When setting multiple time zones, be sure to put N in the middle. All the time is PC time. It is not a broker's time. Also, when setting multiple time zones, be sure to enter the time in the order that comes first.
Example 1:
Do not trade between 11:15 and 12:20 on Wednesday.
3/1115/1230
Example 2:
Do not trade between 9 am and 14 pm on Tuesday and Thursday.
2/0900 / 1400N 4/0900/1400
・ TF_Comment (ThreeFurlong USDJPY by CY)
If you are operating multiple EAs, you can determine which EA you have placed the position you are holding by putting appropriate comments. Setting is optional.
-NewYearStopMode (true)
By default, 12/20 to 01/05 will not be entered.
・ Add from OrderRetry (false) Ver 1.4
When the spread suddenly spreads at the time of ordering and the limit value is exceeded, order failure occurs.
If there is a broker that invalidates the failed order, there is also a broker that immediately completes the order at the time that it is being stored. In the latter case, there is a risk that you will have multiple positions. We created this parameter to hedge that risk. If the default is false, ie if the order fails, no reordering will occur. The default settings are recommended. However, please note in advance that differences may occur between the forward test and the week in which the order has failed due to non-reordering.
About recommended operating funds
Reference this article PleaseAbout important points
・ There is only a partial display of EA manageable companies due to the display area, but the basis is that if MT4 exists, this EA can be used regardless of the broker. Please rest assured. ・ Please note that the result of the trade may be different even with the same broker due to the condition of the line and spread, etc., as can all EA. ・ Make sure that the EA will be put into operation by the market opening on Monday (the Nico Chan Mark has appeared). There is no problem on Saturday or Sunday regardless of the day of the week. This work assumes that EA is stopped on Friday etc. to the last. You do not have to do anything if you are using VPS, etc. and the EA operation has not been stopped in the first place and the Nico Chan mark has been out for a long time. -When MT4 is closed and restarted, the position held by this EA is settled. Also, please be aware that the EA may be stopped immediately before releasing the indicator, and then it may be entered immediately after resuming operation. Please use TF_UseImpAnouStop if you do not want to have EA automatically buy and sell between index announcements. ・ FAQ and version update history etc. Blog . ・ Account verification method Feel free to contact us at fx-on's inquiry form . Sales from
:
01/24/2018 04:08
Purchased
:
769
times
Price: $154.56 (taxed)
¥25,000(taxed)
Provider/Distributor:
Sales site:
GogoJungle
●Payment
Forward Test
Back Test
Sales from : 01/24/2018 04:08
Purchased
:
769
times
Price: $154.56 (taxed)
¥25,000(taxed)
Provider/Distributor:
Sales site:
GogoJungle
●Payment
About Forex Automated Trading
What is Forex Automated Trading (MT4 EA)?
Forex Automated Trading refers to trading that is automated through programming, incorporating predetermined trading and settlement rules. There are various methods to conduct automated trading, but at GogoJungle, we deal with Experts Advisors (hereinafter referred to as EA) that operate on a trading platform called MT4.
Trading Types of Forex Automated Trading
There are various types of EAs (Expert Advisors) for different trading types that can be used on MT4.
Just like discretionary trading, there are those that decide trading and settlement timings by combining indicators, those that repeatedly buy or sell at certain price (pips) intervals, and trading methods that utilize market anomalies or temporal features. The variety is as rich as the methods in discretionary trading.
To categorize simply,
・Scalping (Type where trades are completed within a few minutes to a few hours),
・Day Trading (Type where trades are completed within several hours to about a day),
・Swing Trading (Type where trades are conducted over a relatively long period of about 1 day to 1 week)
・Grid/Martingale Trading (Holding multiple positions at equal or unequal intervals and settling all once a profit is made. Those that gradually increase the lot number are called Martingale.)
・Anomaly EA (Mid-price trading, early morning scalping)
Just like discretionary trading, there are those that decide trading and settlement timings by combining indicators, those that repeatedly buy or sell at certain price (pips) intervals, and trading methods that utilize market anomalies or temporal features. The variety is as rich as the methods in discretionary trading.
To categorize simply,
・Scalping (Type where trades are completed within a few minutes to a few hours),
・Day Trading (Type where trades are completed within several hours to about a day),
・Swing Trading (Type where trades are conducted over a relatively long period of about 1 day to 1 week)
・Grid/Martingale Trading (Holding multiple positions at equal or unequal intervals and settling all once a profit is made. Those that gradually increase the lot number are called Martingale.)
・Anomaly EA (Mid-price trading, early morning scalping)
Risks, Advantages, and Disadvantages of Forex Automated Trading
When engaging in Forex, there are risks in automated trading just as there are in discretionary trading.
However, a substantial advantage of automated trading is its ability to limit and predict risks beforehand.
[Risk]
Inherent to forex trading are the trading risks that undeniably exist in automated trading as well.
・Lot Size Risk
Increasing the lot size forcibly due to a high winning rate can, in rare instances, depending on the EA, lead to substantial Pips loss when a loss occurs. It is crucial to verify the SL Pips and the number of positions held before operating with an appropriate lot.
・Rapid Market Fluctuation Risk
There are instances where market prices fluctuate rapidly due to index announcements or unforeseen news. System trading does not account for such unpredictable market movements, rendering it incapable of making decisions on whether to settle in advance or abstain from trading. As a countermeasure, utilizing tools that halt the EA based on indicator announcements or the VIX (fear index) is also possible.
[Benefits]
・Operates 24 hours a day
If there is an opportunity, system trading will execute trades on your behalf consistently. It proves to be an extremely convenient tool for those unable to allocate time to trading.
・Trades dispassionately without being swayed by emotions
There is an absence of self-serving rule modifications, a common human tendency, such as increasing the lot size after consecutive losses in discretionary trading or, conversely, hastily securing profits with minimal gains.
・Accessible for beginners
To engage in Forex trading, there is no prerequisite to study; anyone using system trading will achieve the same results.
[Disadvantages]
・Cannot increase trading frequency at will
Since system trading operates based on pre-programmed conditions, depending on the type of EA, it might only execute trades a few times a month.
・Suitability may vary with market conditions
Depending on the trading type of the EA, there are periods more suited to trend trading and periods more suited to contrarian trading, making consistent results across all periods unlikely. While the previous year might have yielded good results, this year's performance might not be as promising, necessitating some level of discretion in determining whether it is an opportune time to operate.
However, a substantial advantage of automated trading is its ability to limit and predict risks beforehand.
[Risk]
Inherent to forex trading are the trading risks that undeniably exist in automated trading as well.
・Lot Size Risk
Increasing the lot size forcibly due to a high winning rate can, in rare instances, depending on the EA, lead to substantial Pips loss when a loss occurs. It is crucial to verify the SL Pips and the number of positions held before operating with an appropriate lot.
・Rapid Market Fluctuation Risk
There are instances where market prices fluctuate rapidly due to index announcements or unforeseen news. System trading does not account for such unpredictable market movements, rendering it incapable of making decisions on whether to settle in advance or abstain from trading. As a countermeasure, utilizing tools that halt the EA based on indicator announcements or the VIX (fear index) is also possible.
[Benefits]
・Operates 24 hours a day
If there is an opportunity, system trading will execute trades on your behalf consistently. It proves to be an extremely convenient tool for those unable to allocate time to trading.
・Trades dispassionately without being swayed by emotions
There is an absence of self-serving rule modifications, a common human tendency, such as increasing the lot size after consecutive losses in discretionary trading or, conversely, hastily securing profits with minimal gains.
・Accessible for beginners
To engage in Forex trading, there is no prerequisite to study; anyone using system trading will achieve the same results.
[Disadvantages]
・Cannot increase trading frequency at will
Since system trading operates based on pre-programmed conditions, depending on the type of EA, it might only execute trades a few times a month.
・Suitability may vary with market conditions
Depending on the trading type of the EA, there are periods more suited to trend trading and periods more suited to contrarian trading, making consistent results across all periods unlikely. While the previous year might have yielded good results, this year's performance might not be as promising, necessitating some level of discretion in determining whether it is an opportune time to operate.
Equipment and Environment Needed for Automated Trading Operation
The requirements for operating automated trading (EA) on MT4 are as follows:
・MT4 (MetaTrader 4. An account needs to be opened with a Forex company that offers MT4.)
・EA (A program for automated trading)
・The operating deposit required to run the EA
・A PC that can run 24 hours or a VPS (Virtual Private Server), where a virtual PC is hosted on a cloud server to run MT4.
・MT4 (MetaTrader 4. An account needs to be opened with a Forex company that offers MT4.)
・EA (A program for automated trading)
・The operating deposit required to run the EA
・A PC that can run 24 hours or a VPS (Virtual Private Server), where a virtual PC is hosted on a cloud server to run MT4.
Installation of MT4 and Account Login
If you open an account with a forex broker that supports MT4, you can use MT4 as provided by that forex broker. MT4 is a stand-alone type of software that needs to be installed on your computer, so you download the program file from the website of the FX company where you opened the account and install it on your computer.
Additionally, there are both demo and real accounts available. You can experience trading with virtual money by applying for a demo account. After opening a real account, you select the connection server assigned by the Forex broker, enter the password, and log in to the account.
When you deposit money into your account using the method specified by the forex broker, the funds will be reflected in your MT4 account, and you can trade.
Additionally, there are both demo and real accounts available. You can experience trading with virtual money by applying for a demo account. After opening a real account, you select the connection server assigned by the Forex broker, enter the password, and log in to the account.
When you deposit money into your account using the method specified by the forex broker, the funds will be reflected in your MT4 account, and you can trade.
How to Install EA on MT4
To set up an EA when you purchase it through GogoJungle, follow the steps below:
Firstly, download the purchased EA file from your My Page on GogoJungle. You will download a zip (compressed) file, so right-click to extract it and retrieve the file named ‘◯◯◯ (EA name)_A19GAw09 (any 8 alphanumeric characters).ex4’ from inside.
Next, launch MT4 and navigate to ‘File’ → ‘Open Data Folder’ → ‘MQL4’ → ‘Experts’ folder, and place the ex4 file inside. Once done, close MT4 and restart it. Then, go to the upper menu ‘Tools’ → ‘Options’, and under ‘Expert Advisors’, ensure ‘Allow automated trading’ and ‘Allow DLL imports’ are checked, then press OK to close.
The necessary currency pair and time frame for the correct operation of the EA are specified on the EA sales page. Refer to this information and open the chart of the correct currency pair time frame (e.g., USDJPY5M for a USD/Yen 5-minute chart).
Within the menu navigator, under ‘Expert Advisors’, you will find the EA file name you placed earlier. Click to select it, then drag & drop it directly onto the chart to load the EA. Alternatively, you can double-click the EA name to load it onto the selected chart.
If ‘Authentication Success’ appears in the upper left of the chart, the authentication has been successful. To operate the EA, you need to keep your PC running 24 hours. Therefore, either disable the automatic sleep function or host MT4 on a VPS and operate the EA.
Firstly, download the purchased EA file from your My Page on GogoJungle. You will download a zip (compressed) file, so right-click to extract it and retrieve the file named ‘◯◯◯ (EA name)_A19GAw09 (any 8 alphanumeric characters).ex4’ from inside.
Next, launch MT4 and navigate to ‘File’ → ‘Open Data Folder’ → ‘MQL4’ → ‘Experts’ folder, and place the ex4 file inside. Once done, close MT4 and restart it. Then, go to the upper menu ‘Tools’ → ‘Options’, and under ‘Expert Advisors’, ensure ‘Allow automated trading’ and ‘Allow DLL imports’ are checked, then press OK to close.
The necessary currency pair and time frame for the correct operation of the EA are specified on the EA sales page. Refer to this information and open the chart of the correct currency pair time frame (e.g., USDJPY5M for a USD/Yen 5-minute chart).
Within the menu navigator, under ‘Expert Advisors’, you will find the EA file name you placed earlier. Click to select it, then drag & drop it directly onto the chart to load the EA. Alternatively, you can double-click the EA name to load it onto the selected chart.
If ‘Authentication Success’ appears in the upper left of the chart, the authentication has been successful. To operate the EA, you need to keep your PC running 24 hours. Therefore, either disable the automatic sleep function or host MT4 on a VPS and operate the EA.
In Case You Want to Change the Account in Use
EAs from GogoJungle can be used with one real account and one demo account per EA.
If you want to use it with an account other than the authenticated one, you need to reset the registered account.
To reset the account, close the MT4 where the Web authentication is registered, then go to My Page on GogoJungle > Use > Digital Contents > the relevant EA > press the ‘Reset’ button for the registration number, and the registered account will be released.
When the account is in a reset state, using the EA with another MT4 account will register a new account.
Also, you can reset the account an unlimited number of times.
If you want to use it with an account other than the authenticated one, you need to reset the registered account.
To reset the account, close the MT4 where the Web authentication is registered, then go to My Page on GogoJungle > Use > Digital Contents > the relevant EA > press the ‘Reset’ button for the registration number, and the registered account will be released.
When the account is in a reset state, using the EA with another MT4 account will register a new account.
Also, you can reset the account an unlimited number of times.
Solutions for Errors During Web Authentication or Non-Functional Account Trading
If you encounter an error with Web authentication, or if the EA is trading on GogoJungle's forward performance page but not on your own account, there could be various reasons. For more details, please refer to the following link:
→ Items to Check When EA is Not Operating
→ Items to Check When EA is Not Operating
About the Size of Trading Lots
In Forex trading, the size of a lot is usually:
1 lot = 100,000 currency units
0.1 lot = 10,000 currency units
0.01 lot = 1,000 currency units
For USD/JPY, 1 lot would mean holding 100,000 dollars.
The margin required to hold lots is determined by the leverage set by the Forex broker.
If the leverage is 25 times, the margin required to hold 10,000 currency units of USD/JPY would be:
10000*109 (※ at a rate of 109 yen per dollar) ÷ 25 = 43,600 yen.
1 lot = 100,000 currency units
0.1 lot = 10,000 currency units
0.01 lot = 1,000 currency units
For USD/JPY, 1 lot would mean holding 100,000 dollars.
The margin required to hold lots is determined by the leverage set by the Forex broker.
If the leverage is 25 times, the margin required to hold 10,000 currency units of USD/JPY would be:
10000*109 (※ at a rate of 109 yen per dollar) ÷ 25 = 43,600 yen.
Glossary of Automated Trading
・Profit Factor: Total Profit ÷ Total Loss
・Risk-Return Ratio: Total Profit and Loss during the period ÷ Maximum Drawdown
・Maximum Drawdown: The largest unrealized loss during the operation period
・Maximum Position Number: This is the maximum number of positions that the EA can theoretically hold at the same time
・TP (Take Profit): The set profit-taking Pips (or specified amount, etc.) in the EA's settings
・SL (Stop Loss): The set maximum loss pips (or specified amount, etc.) in the EA's settings
・Trailing Stop: Instead of settling at a specified Pips, once a certain profit is made, the settlement SL is raised at a certain interval (towards the profit), maximizing the profit. It is a method of settlement.
・Risk-Reward Ratio (Payoff Ratio): Average Profit ÷ Average Loss
・Hedging: Holding both buy and sell positions simultaneously (Some FX companies also have types where hedging is not allowed)
・Risk-Return Ratio: Total Profit and Loss during the period ÷ Maximum Drawdown
・Maximum Drawdown: The largest unrealized loss during the operation period
・Maximum Position Number: This is the maximum number of positions that the EA can theoretically hold at the same time
・TP (Take Profit): The set profit-taking Pips (or specified amount, etc.) in the EA's settings
・SL (Stop Loss): The set maximum loss pips (or specified amount, etc.) in the EA's settings
・Trailing Stop: Instead of settling at a specified Pips, once a certain profit is made, the settlement SL is raised at a certain interval (towards the profit), maximizing the profit. It is a method of settlement.
・Risk-Reward Ratio (Payoff Ratio): Average Profit ÷ Average Loss
・Hedging: Holding both buy and sell positions simultaneously (Some FX companies also have types where hedging is not allowed)
Useful related pages
・How to Install MT4 EA (Expert Advisor) and Indicators
・MT4 Beginner's Guide
・Understanding System Trading Performance (Forward and Backtesting)
・Choosing Your First EA! Calculating Recommended Margin for EAs
・Comparing MT4 Accounts Based on Spread, Swap, and Execution Speed
・What is Web Authentication?
・Checklist for When Your EA Isn't Working
・MT4 Beginner's Guide
・Understanding System Trading Performance (Forward and Backtesting)
・Choosing Your First EA! Calculating Recommended Margin for EAs
・Comparing MT4 Accounts Based on Spread, Swap, and Execution Speed
・What is Web Authentication?
・Checklist for When Your EA Isn't Working
