Gigagarura EURUSD
Expert Advisors
MetaTrader 4
Sales from
6/17/2018
Last Updated At
8/20/2018
Version
1.2
My Profile
katamike- Whole period
- 2 years
- 1 year
- 6 months
- 3 months
- 1 month
Profit
:
277,166JPYProfit Factor
:
1.04Rate of return risk
?
:
0.42Average Profit
:
9,847JPYAverage Loss
:
-18,149JPYBalance
?
:
1,277,166JPYRate of return (all periods) ?
:
12.52%Win Rate
:
65.61%
(891/1358)
Maximum Position
?
:
3Maximum Drawdown
?
:
25.75%
(662,053JPY)
Maximum Profit
:
62,798JPYMaximum Loss
:
-45,364JPYRecommended Margin
?
:
2,214,120JPYUnrealized P/L
:
0JPYDeposit
?
:
1,000,000JPYCurrency
:
JPY- Account
Operable Brokers
Usable with MT4-adopting brokers.
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
[EUR/USD]
Trading Style
[Day Trading]
[Swing Trading]
[Scalping]
Maximum Number Position
3
Maximum Lot
500
Chart Time Frame
M15
Maximum Stop Loss
80
Take Profit
0
Straddle Trading
No
Application Type
Metatrader Auto Trading
Other File Usages
No
Actual
TitanFX blade account ( this site for real account forwarding (Myfxbook) on server: TitanFX-02) b>
■ Overview
Gigagalura EURUSD works with EURUSD currency pair EA.
As daily logic is used in some internal logic, we recommend using a GMT + 2 / + 3 broker.
Nine types of entry logic designed with emphasis on long-term stability are adopted to ensure careful and accurate entry.
After entry, we will follow the market with the trailing stop function of our original algorithm and aim for maximum profit.
If the market price changes over the medium term, we will enter up to 3 positions to distribute costs.
As daily logic is used in some internal logic, we recommend using a GMT + 2 / + 3 broker.
Nine types of entry logic designed with emphasis on long-term stability are adopted to ensure careful and accurate entry.
After entry, we will follow the market with the trailing stop function of our original algorithm and aim for maximum profit.
If the market price changes over the medium term, we will enter up to 3 positions to distribute costs.
Features
"Average Down" is the so-called "Nampin".
This method has not been used up until now, but this time we changed the idea and searched for its effectiveness, including the evil path.
Implemented with a strong awareness of "additional entry for cost dispersion" rather than "continue to take positions until bankruptcy", and only a maximum of 3 positions can be taken not.
Rather than immediately reversing immediately after entry, it is stronger in situations where the market is in the mid-term reversal rather than reversing immediately, and the position control leads to profits.
10 years 1.0 lot single interest and up to 3 positions 42 million yen ( 23 times or more from initial required margin ) PF2.76 The net profit is recorded.
It ’s an amazing number of +13,000 yen or more .
If this is determined to be a continuous uptrend or downtrend, positive entry will be made in that direction, and
profit will be greatly earned while the trend continues.
S / L at optimal intervals The trailing stop function of the original algorithm that updates and extends to the maximum profit is adopted.
Developed, implemented, and optimized all other operations based on this function.
Variable A stop loss function is used to prevent a large drawdown.
If multiple positions are taken, the same value as the first position being held is set. The
> Equipped with a useful function when operating multiple EAs with limited funds.
> Validate, improve, and adjust parameters while conducting long-term back tests on 4 PCs at all times.
Only 9 types of entry logic carefully selected are used.
Mainly focusing on long-term and short-term tension,
"Reading the direction in which there is likely to be a big movement from major movements in the future from the chart movement" is the overall strategy.
・ New pursuit entry logic is installed, and up to 3 positions can be entered.
・ Trailing stop function supports multiple positions. Also, adjust the parameters according to the concept.
・ Equipped with new profit / withdrawal logic.
On the contrary, the common points are as follows, so please be careful if you have already operated “EURUSD”.
・ Entry logic for the first position is almost the same, including parameter adjustment. (Appendix: only one type has some adjustments)
■ Beyond the frontal attack method
The concept was defined as“ Pursuing highly effective Average Down ”and implemented as a function with the greatest features, aiming for performance that is one step further from the viewpoint of mental management. "Average Down" is the so-called "Nampin".
This method has not been used up until now, but this time we changed the idea and searched for its effectiveness, including the evil path.
Implemented with a strong awareness of "additional entry for cost dispersion" rather than "continue to take positions until bankruptcy", and only a maximum of 3 positions can be taken not.
Rather than immediately reversing immediately after entry, it is stronger in situations where the market is in the mid-term reversal rather than reversing immediately, and the position control leads to profits.
■ Cost-distributed and high-performance
This EA is a cost-distributed Nanpin, and the loss-cutting is done well. 10 years 1.0 lot single interest and up to 3 positions 42 million yen ( 23 times or more from initial required margin ) PF2.76 The net profit is recorded.
High Expected Gain
Expected gain (average profit / loss per position including both winning and losing) when operating with 1.0 lot It ’s an amazing number of +13,000 yen or more .
■ The number of entries increases when a long-term trend occurs
An algorithm that determines the continuous direction of the market is adopted in some entry logics, If this is determined to be a continuous uptrend or downtrend, positive entry will be made in that direction, and
profit will be greatly earned while the trend continues.
Trailing stop function of original algorithm
Depends on market conditions and entry position, changes own parameters, S / L at optimal intervals The trailing stop function of the original algorithm that updates and extends to the maximum profit is adopted.
Developed, implemented, and optimized all other operations based on this function.
■ Variable Stop Loss Function
時 に At entry, the optimal value is set between 49Pips and 80Pips depending on the market situation and entry position. Variable A stop loss function is used to prevent a large drawdown.
If multiple positions are taken, the same value as the first position being held is set. The
■ Equipped with a function for simultaneous operation of multiple EAs
Entry restrictions based on the ratio of surplus margin and setting of funds to be used for compound interest management, etc. > Equipped with a useful function when operating multiple EAs with limited funds.
■ Carefully selected entry logic
Dozens of entry logics made by professional programmers who have been thinking about strategies for several months, > Validate, improve, and adjust parameters while conducting long-term back tests on 4 PCs at all times.
Only 9 types of entry logic carefully selected are used.
Mainly focusing on long-term and short-term tension,
"Reading the direction in which there is likely to be a big movement from major movements in the future from the chart movement" is the overall strategy.
Specific differences from “Early-lossy 100% Random EURUSD”
・ New pursuit entry logic is installed, and up to 3 positions can be entered.
・ Trailing stop function supports multiple positions. Also, adjust the parameters according to the concept.
・ Equipped with new profit / withdrawal logic.
On the contrary, the common points are as follows, so please be careful if you have already operated “EURUSD”.
・ Entry logic for the first position is almost the same, including parameter adjustment. (Appendix: only one type has some adjustments)
■ Back test results
Over 70% win rate, PF over 2.70, and high profits in a 10-year long back test.
■ During single interest management with a lot of 1.0
Start with entries of less than 1.8 million yen (*) required margin,
42 million in 10 years We have recorded a profit of more than Yen .
(From initial margin requirement 23 times or more )
* Margin required per 1.0 lot in an account with a maximum leverage of 25 times x 3 positions
■ Simple operation with 0.4 lots
〈 We have recorded a profit of over 17 million yen in 10 years .
■ Leverage 3 times compound interest management (for comparison with other EAs that post a backtest using compound interest management)
(Required for starting capital of 1 million yen) Starting from an entry with a margin of less than 450,000 yen (*),
A profit of over 6.5 billion yen in 10 years has been recorded.
(From initial required margin 14,000 times more )
* Required margin per lot of 0.23-0.26 lots in an account with a maximum leverage of 25 times x 3 positions
● Please also refer to the results of more than 10 years for the single interest rate operation with a general lot number of 0.1 in the back test of GogoJungle (fx-on).
■ During single interest management with a lot of 1.0
Start with entries of less than 1.8 million yen (*) required margin,
42 million in 10 years We have recorded a profit of more than Yen .
(From initial margin requirement 23 times or more )
* Margin required per 1.0 lot in an account with a maximum leverage of 25 times x 3 positions
■ Simple operation with 0.4 lots
〈 We have recorded a profit of over 17 million yen in 10 years .
■ Leverage 3 times compound interest management (for comparison with other EAs that post a backtest using compound interest management)
(Required for starting capital of 1 million yen) Starting from an entry with a margin of less than 450,000 yen (*),
A profit of over 6.5 billion yen in 10 years has been recorded.
(From initial required margin 14,000 times more )
* Required margin per lot of 0.23-0.26 lots in an account with a maximum leverage of 25 times x 3 positions
● Please also refer to the results of more than 10 years for the single interest rate operation with a general lot number of 0.1 in the back test of GogoJungle (fx-on).
■ FAQ
Q : Isn't it in the field of operational company (broker)?
A : A broker that is officially compatible with MT4 can basically operate.
Please note that this EA recommends operation with a broker with a time setting of GMT + 2 / + 3.
(GMT + 2 / + 3 in MT4 is a global standard time setting, and most Japanese brokers have adopted it at the end of 2017)
Q : What is GMT + 2 / + 3? Where can I check it?
A : Broker server time setting.
Primarily adopted by most brokers to “make 5 charts a week”.
If you search for "(broker name) GMT" etc., you will be able to check the web page describing the time settings.
Q : How often do you enter?
A : In the 10-year back test, the average is about 4 to 5 times a week, but
when the long-term trend is judged by the internal logic The aggressiveness of entry differs greatly depending on whether it is not out.
Also, when volatility is low (when the value is not moving), there are not many entries, so
, keeping in mind that it is not a type of EA that always holds positions. I would appreciate it if you could operate it from a long-term perspective.
Q : The position was closed even though the settlement stop price (S / L) was not reached. Is this normal?
A : Probable logic exists in addition to the trailing stop, so it seems that it was triggered.
Also, since there is a weekend position close function, please refer to that setting.
Q : "Not enough memory for" was output in the "Transaction history" tab, what is the cause?
A : MT4 is using too much PC memory.
EA operation cannot be guaranteed when this sentence is output to the "Transaction History" tab. Please restart immediately.
Even if you already have a position, after the restart, the EA will supplement the position and resume management.
As the cause, there are operational problems such as charts and technical being opened too much in one MT4, operating EA too much,
the impact of broker MT4 customization, PC The effect of performance is considered.
The occurrence can be alleviated to some extent by reducing the values of the “Maximum number of bars in history” and “Maximum number of bars in the chart” options of MT4 (but minimum 2,000 or more)
If you feel that the operation is strange, open the "Transaction history" tab and check.
Q : Backtest does not work properly.
A : Backtesting mainly requires a number of preparations and cautions such as:
-Change the MT4 "Maximum number of bars in history" item to at least 5,000,000 and restart
-Get historical data during the measurement period
-5 minutes from the acquired historical data Generate and restart the foot-to-month data (requires use of the tool)
-Select "All ticks" for the "Model" item in the strategy tester
-Brokers that are not GMT + 2 / + 3 Then, change the corresponding parameter of EA
Also, the procedure for preparing historical data differs depending on the broker used.
For more information, please search "MT4 Backtest Historical Data" etc.
You will be able to check the web page that describes the necessary procedures for backtesting, so please refer to it.
Q : How can I set the time scale for the chart that runs EA?
A : As for the time bar of the chart, the time bar to be referred to internally is fixed, so you can choose freely.
The same operation will be performed at any time.
Q : The description on the parameter input screen is garbled.
A : The situation may be the case in the case of MT4, which has a lot of custom customization by the broker and has a fault, or VPS in some special environments. There is.
We apologize for the inconvenience, but please check the number and description in the “Parameter Description” section on this page.
Q : How should I set the number of lots specifically?
A : When operating with simple interest (fixed lot),
∙ Set "Do compound interest" to "false" Set the number of lots you want to operate in “Number of lots per position”.
When operating at compound interest,
Set "Do you want to use compound interest" to "true" and "1 position at compound interest operation" Please set how many times the funds will be used in “Leverage used per application”.
”The number of leverages used per position when using compound interest” is “3” times by default, and operations with a maximum of “5” times or less are recommended for risk management.
Please note that this is not the place to enter the maximum leverage number of the broker.
If the compound interest operation is enabled, the following will be displayed on the chart.
MarginRequiredPerLot: "Surplus Margin Required for Ordering 1.0 Lots"
Please make sure that the information displayed here is correct.
If it is illegal, it will not be possible to calculate the compound interest normally, so inconvenience, but please operate with simple interest.
It has been confirmed that the broker has set the value of "Maximum number of brokers for MT4" and "Margin required for ordering 1.0 lot" to an abnormal value.
(XM Trading demo account or back test with GEMFOREX with old version of MT4)
Q : Maximum leverage to double The margin is ~ yen at the broker, but what is the recommended number of lots to manage?
A : From here, we recommend the number of lots that can be operated with leverage less than 10 times that is generally recommended for risk management.
Considering the average number of held positions and the currency rate in June 2018, if the margin is "1 million" yen, it is recommended to use less than "0.4" lots per position.
Please judge relative to the above values.
Also, even if the account has a maximum leverage of 500 times, there is a difference in the margin to the forced loss cut, but there is basically no difference in the risk itself compared to the 25 times account, There is no difference in this recommended value.
Q : How should I set the time setting specifically?
A : If the recommended broker server time setting is the recommended GMT + 2 / + 3, the default value can be used.
Hours parameters are mainly as follows.
<1> "Do you want automatic GMT calculation?" <2> "Broker daylight saving time format"
<3> "Broker standard time GMT"
<4> "Broker daylight saving time GMT"
When ① is set to “true”, the values of ②, ③ and ④ are automatically set. However, if the time setting of the operating environment (PC or VPS) is incorrect or backtesting, it will be automatically Cannot be set.
In order to prevent EA's recommendation to use GMT + 2 / + 3 and to prevent the influence of the operating environment and confusion during backtesting, ① is set to “false” and ②③④ Is fixed at the value of GMT + 2 / + 3.
Q : The entries and transitions were different from the forward test.
A : Chart data, spreads and slippages distributed by each broker differ in terms of execution power and environmental conditions such as PC and VPS and their lines are also different Please understand that there will be a difference in operation.
It has been confirmed that more than 80% of brokers such as “OANDA Japan Tokyo Server” and “Titan FX Blade Account” that meet the performance standards of modern brokerage In the long term, there are many of our EAs that have achieved better results than the `` OANDA JAPAN Demo Account '' which is a forward test environment posted on Gogojan (fx-on), so the performance of the broker you are using I would appreciate it if you could consider migrating.
here for Real Account Forward (Myfxbook) with TitanFX Blade Account (Server: TitanFX-02) It is published on the site , so please refer to it if you like.
Q : There was an unrealized gain, but it was not profitable.
A : This EA is basically a strategy that aims for maximum profit by trailing stop and profitable logic, 30-80Pips, eventually We have a position in view of the above profits.
In the back test for more than 10 years, taking into account the maximum profit when seen in combination, avoidance of drawdown due to withdrawal of slight profit, etc. I would appreciate your understanding.
Also, if you wish, even if you have settled the position acquired by EA, it will operate normally, recognizing that there is no managed position, so please go freely Is fine.
A : A broker that is officially compatible with MT4 can basically operate.
Please note that this EA recommends operation with a broker with a time setting of GMT + 2 / + 3.
(GMT + 2 / + 3 in MT4 is a global standard time setting, and most Japanese brokers have adopted it at the end of 2017)
Q : What is GMT + 2 / + 3? Where can I check it?
A : Broker server time setting.
Primarily adopted by most brokers to “make 5 charts a week”.
If you search for "(broker name) GMT" etc., you will be able to check the web page describing the time settings.
Q : How often do you enter?
A : In the 10-year back test, the average is about 4 to 5 times a week, but
when the long-term trend is judged by the internal logic The aggressiveness of entry differs greatly depending on whether it is not out.
Also, when volatility is low (when the value is not moving), there are not many entries, so
, keeping in mind that it is not a type of EA that always holds positions. I would appreciate it if you could operate it from a long-term perspective.
Q : The position was closed even though the settlement stop price (S / L) was not reached. Is this normal?
A : Probable logic exists in addition to the trailing stop, so it seems that it was triggered.
Also, since there is a weekend position close function, please refer to that setting.
Q : "Not enough memory for" was output in the "Transaction history" tab, what is the cause?
A : MT4 is using too much PC memory.
EA operation cannot be guaranteed when this sentence is output to the "Transaction History" tab. Please restart immediately.
Even if you already have a position, after the restart, the EA will supplement the position and resume management.
As the cause, there are operational problems such as charts and technical being opened too much in one MT4, operating EA too much,
the impact of broker MT4 customization, PC The effect of performance is considered.
The occurrence can be alleviated to some extent by reducing the values of the “Maximum number of bars in history” and “Maximum number of bars in the chart” options of MT4 (but minimum 2,000 or more)
If you feel that the operation is strange, open the "Transaction history" tab and check.
Q : Backtest does not work properly.
A : Backtesting mainly requires a number of preparations and cautions such as:
-Change the MT4 "Maximum number of bars in history" item to at least 5,000,000 and restart
-Get historical data during the measurement period
-5 minutes from the acquired historical data Generate and restart the foot-to-month data (requires use of the tool)
-Select "All ticks" for the "Model" item in the strategy tester
-Brokers that are not GMT + 2 / + 3 Then, change the corresponding parameter of EA
Also, the procedure for preparing historical data differs depending on the broker used.
For more information, please search "MT4 Backtest Historical Data" etc.
You will be able to check the web page that describes the necessary procedures for backtesting, so please refer to it.
Q : How can I set the time scale for the chart that runs EA?
A : As for the time bar of the chart, the time bar to be referred to internally is fixed, so you can choose freely.
The same operation will be performed at any time.
Q : The description on the parameter input screen is garbled.
A : The situation may be the case in the case of MT4, which has a lot of custom customization by the broker and has a fault, or VPS in some special environments. There is.
We apologize for the inconvenience, but please check the number and description in the “Parameter Description” section on this page.
Q : How should I set the number of lots specifically?
A : When operating with simple interest (fixed lot),
∙ Set "Do compound interest" to "false" Set the number of lots you want to operate in “Number of lots per position”.
When operating at compound interest,
Set "Do you want to use compound interest" to "true" and "1 position at compound interest operation" Please set how many times the funds will be used in “Leverage used per application”.
”The number of leverages used per position when using compound interest” is “3” times by default, and operations with a maximum of “5” times or less are recommended for risk management.
Please note that this is not the place to enter the maximum leverage number of the broker.
If the compound interest operation is enabled, the following will be displayed on the chart.
MarginRequiredPerLot: "Surplus Margin Required for Ordering 1.0 Lots" Please make sure that the information displayed here is correct.
If it is illegal, it will not be possible to calculate the compound interest normally, so inconvenience, but please operate with simple interest.
It has been confirmed that the broker has set the value of "Maximum number of brokers for MT4" and "Margin required for ordering 1.0 lot" to an abnormal value.
(XM Trading demo account or back test with GEMFOREX with old version of MT4)
Q : Maximum leverage to double The margin is ~ yen at the broker, but what is the recommended number of lots to manage?
A : From here, we recommend the number of lots that can be operated with leverage less than 10 times that is generally recommended for risk management.
Considering the average number of held positions and the currency rate in June 2018, if the margin is "1 million" yen, it is recommended to use less than "0.4" lots per position.
Please judge relative to the above values.
Also, even if the account has a maximum leverage of 500 times, there is a difference in the margin to the forced loss cut, but there is basically no difference in the risk itself compared to the 25 times account, There is no difference in this recommended value.
Q : How should I set the time setting specifically?
A : If the recommended broker server time setting is the recommended GMT + 2 / + 3, the default value can be used.
Hours parameters are mainly as follows.
<1> "Do you want automatic GMT calculation?" <2> "Broker daylight saving time format"
<3> "Broker standard time GMT"
<4> "Broker daylight saving time GMT"
When ① is set to “true”, the values of ②, ③ and ④ are automatically set. However, if the time setting of the operating environment (PC or VPS) is incorrect or backtesting, it will be automatically Cannot be set.
In order to prevent EA's recommendation to use GMT + 2 / + 3 and to prevent the influence of the operating environment and confusion during backtesting, ① is set to “false” and ②③④ Is fixed at the value of GMT + 2 / + 3.
Q : The entries and transitions were different from the forward test.
A : Chart data, spreads and slippages distributed by each broker differ in terms of execution power and environmental conditions such as PC and VPS and their lines are also different Please understand that there will be a difference in operation.
It has been confirmed that more than 80% of brokers such as “OANDA Japan Tokyo Server” and “Titan FX Blade Account” that meet the performance standards of modern brokerage In the long term, there are many of our EAs that have achieved better results than the `` OANDA JAPAN Demo Account '' which is a forward test environment posted on Gogojan (fx-on), so the performance of the broker you are using I would appreciate it if you could consider migrating.
here for Real Account Forward (Myfxbook) with TitanFX Blade Account (Server: TitanFX-02) It is published on the site , so please refer to it if you like.
Q : There was an unrealized gain, but it was not profitable.
A : This EA is basically a strategy that aims for maximum profit by trailing stop and profitable logic, 30-80Pips, eventually We have a position in view of the above profits.
In the back test for more than 10 years, taking into account the maximum profit when seen in combination, avoidance of drawdown due to withdrawal of slight profit, etc. I would appreciate your understanding.
Also, if you wish, even if you have settled the position acquired by EA, it will operate normally, recognizing that there is no managed position, so please go freely Is fine.
Parameter description
* When changing the parameters directly related to the entry, please check carefully in the back test.
* Basically, it is okay to change parameters other than valid / invalid of compound interest management and lot number.
* The parameter names are listed below, but when the EA is actually operated, it is replaced with an explanatory text like the image. | Parameter name | Number | Description |
|---|---|---|
| MagicNumber1-9 | B01-B09 | EA's magic number (unique number) 1-9 Used internally by EA to determine its own entry position The If there is another EA running at the same time, please change each magic number to a number that does not wear 1 or more. By setting a negative value (such as -1), the corresponding entry logic is disabled. |
| Comment | B10 | In the comment field of the order Character string to write You can specify up to 31 single-byte characters. It is mainly used by users to understand the transactions that EA has done. Also, by setting it to a character string of up to 25 characters including "[]" at the end of the sentence, the function to add the number corresponding to the activated entry logic to the comment becomes effective. |
| IsEnabledCheckPropertiesAndOptions | B11 | Does a simple check of EA properties and MT4 options at startup Does a simple check of each setting at startup with "true". If automatic trading is not permitted or there is a clear problem, such as the margin is less than the required margin, the EA may be terminated in some cases after displaying the problem in the alert. |
| Parameter name | Number | Description |
|---|---|---|
| IsEnabledAutoGMT | T01 | Does automatic GMT calculation The time setting of the local PC must be correct for normal operation. Because it is recommended to work with GMT + 2 / + 3 brokers, it is disabled and the settings are fixed for the following three items. Although the accuracy of some entries will drop, it is also possible to operate with brokers with time settings that are not recommended, so please enable this when using it. In that case, please specify the following three items if the local PC time is invalid or invalid during back test. |
| BrokerDaylight SavingTimeType | T02 | Broker Daylight saving time format No daylight saving time, American style, British style. For general GMT + 2 / + 3 brokers, specify American style. |
| Broker StandardTimeGMT | T03 | Broker Standard time GMT Specify 2 for a general GMT + 2 / + 3 broker. |
| BrokerDaylight SavingTimeGMT | T04 | Broker Daylight Saving Time GMT <3> Specify 3 for a general GMT + 2 / + 3 broker. |
| IsEnabledDrawTimes | T05 | Draw each time Or for time confirmation. If EATime correctly points to GMT + 2 / + 3 within the trading time, it will operate normally. EATime and ServerTime will not be updated outside of trading hours. |
* When changing the parameters directly related to the entry, please check carefully in the back test.
| Parameter name | Number | Description |
|---|---|---|
| IsEnabledCompound InterestCalculation | E01 | Do you use compound interest? “true” means compound interest and “false” means simple interest. If you want to use compound interest, please also fill in the "Type of funds to be used for compound interest" and "Leverage used for compound interest management" fields. |
| Lots | E02 | Simple operation Number of lots per position at the time Specify the number of lots per position during simple interest operation. It is not referenced when using compound interest. |
| CompoundInterest CalculationType | E03 | Compound interest Types of funds used Balance [Balance] is the amount of funds that are purely deposited. In this EA, “Margin of Margin [FreeMargin]”, which reduces the number of lots after the second position due to the adoption of Nanping, is deprecated. |
| CompoundInterest UseLeverage | E04 | Compound interest The number of leverages used per position at the time of investment (times) The maximum amount that can be managed with the amount derived from "type of funds used for compound interest management" x "number of leverages used for compound interest management" The number of lots applies. In general, operations with a leverage of 10 times or less are often recommended for risk management, so it is recommended to set the value to 5 or less in consideration of the average number of positions. Please note that this is not the place to enter the maximum leverage number of the broker. |
| IsEnabledDraw LotInformation | E05 | Lot Do you want to display information about the number? Please check whether the following information displayed here is correct when using compound interest. OrderLot: "Number of lots in one position when using compound interest" UseLeverage: "Set number of leverages used", MaxLeverage: "Maximum number of leverages for brokers" MinLot: "Minimum number of lots for brokers" , MaxLot: "Maximum number of broker lots" MarginRequiredPerLot: "Excess margin required for ordering 1.0 lots" |
| SlippagePips | E06 | Allowable slippage (in Pips) If the slippage is above this value, no entry will be made. 1Pips = 10Point |
| MaxSpreadPoint | E07 | Allowable spread (in points) If the spread is above this value, no entry will be made. |
| IsEnabledEntryRestriction ByFreeMargin | E08 | Excess Do you want to limit entry by margin? If you set "true", the following two items will be valid. You can set to refrain from entry if you already have a position due to multiple EAs, etc. and there is not enough margin. |
| FreeMarginPercent ForEntryRestriction | E09 | Required ratio of surplus margin to required margin for new entries (in%) No entry if less than this percentage. |
| FreeMarginAffterEntry ForEntryRestriction | E10 | Required amount of surplus margin after new entry (account unit of currency) Deduct margin required for new entry from current surplus margin No entry will be made if the amount is less than this value. |
| IsEnabledEntryRestriction OnTradeTimeoutError | E11 | Order response time Do you want to limit entry when an error occurs? If an order is placed and fails due to a server response time-out error, entry will not be made for 60 minutes. It takes more than 10 minutes from order to response. In extremely poor environments, there is a risk that multiple orders will be placed, so this will be a countermeasure function. |
| EntryWaitMinutesAfterStartup | E12 | Time limit for entry at startup (in minutes) After startup, 1 minute is updated for the number of times specified here No entry will be made until it is done. This is a function to reduce the difference in operation depending on the chart status and technical specifications immediately after starting a specific MT4. |
| EntryStartHour | E13 | Entry at the beginning of the week Start time (hours) GMT + 2 / + 3 standard No entries will be made before this time on Monday. |
| EntryStartMinute | E14 | Entry at the beginning of the week Start time (minutes) GMT + 2 / + 3 standard No entries will be made before this time on Monday. |
| EntryEndHour | E15 | End-of-week entry time (Time) GMT + 2 / + 3 reference No entry will be made after this time on Friday. |
| EntryEndMinute | E16 | End-of-week entry end time (Minutes) GMT + 2 / + 3 criteria No entries will be made after this time on Friday. |
| EntryEndHour ForAverageDown | E17 | Weekend Entry end time of (GMT) GMT + 2 / + 3 standard For pursuit After this time on Friday, entries after the second position will not be made. |
| EntryEndMinute ForAverageDown | E18 | Weekend Entry End Time (minutes) GMT + 2 / + 3 Standard For Pursuit After this time on Friday, entries after the second position will not be made. |
| IsEnabledWeekendClose | E19 | Weekend position close function Do you use? |
| WeekendCloseHour | E20 | Weekend position close time (Hour) GMT + 2 / + 3 standard If you hold a position after this time on Friday, we will settle. |
| WeekendCloseMinute | E21 | Weekend position close time (Minute) GMT + 2 / + 3 standard If you hold a position after this time on Friday, we will settle. |
| Parameter name | Number | Description |
|---|---|---|
| TrailingStopStartPointOffset | M01 | Trailing stop start position offset (in points) Move the trailing stop relative to the point unit. It can be pointed out in the range of "-64 to +64", and "+value" moves in the profit direction, and "-value" moves in the loss direction. * This item is not recommended for operation. |
Contents
| File name | Description |
|---|---|
| FXBotGigaGaruraEURUSD _ * _ * _ *. ex4 | This is the EA body. Please use it in the MT4 data folder / MQL4 / Experts /. |
Sales from
:
06/17/2018 03:43
Purchased
:
501
times
Price: $123.59 (taxed)
￥19,800(taxed)
Provider/Distributor:
Sales site:
GogoJungle
●Payment
Forward Test
Back Test
Sales from : 06/17/2018 03:43
Purchased
:
501
times
Price: $123.59 (taxed)
￥19,800(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