BoribanneoOneWayBoy
- Whole period
- 2 years
- 1 year
- 6 months
- 3 months
- 1 month
Profit
:
-74,403JPYProfit Factor
:
0.73Rate of return risk
?
:
-0.63Average Profit
:
6,704JPYAverage Loss
:
-11,021JPYBalance
?
:
925,597JPYRate of return (all periods) ?
:
-15.31%Win Rate
:
54.55%
(30/55)
Maximum Position
?
:
1Maximum Drawdown
?
:
24.46%
(118,869JPY)
Maximum Profit
:
20,582JPYMaximum Loss
:
-13,590JPYRecommended Margin
?
:
485,959JPYUnrealized P/L
:
-123JPYDeposit
?
:
1,000,000JPYCurrency
:
JPY- Account
Operable Brokers
Usable with MT4-adopting brokers.
※EA measurement is stopped
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
[Day Trading]
Maximum Number Position
1
Maximum Lot
5
Chart Time Frame
M1
Maximum Stop Loss
30
Take Profit
90
Straddle Trading
No
Application Type
Metatrader Auto Trading
Other File Usages
No
Characteristically, the win rate is about 60%, but it is stable and suitable for long-term operation. The system determines the trend on a daily basis and makes a reverse entry when the Bollinger Bands match its main logic. It is also intended as a portfolio for his other system, BoribanneoNT. It judges the trend direction more broadly than BoribanneoNT, and sometimes trades opposite to BoribanneoNT or pursues it. It is effective when combined with a short-term trend assessment system. The number of trades is not large because of the trend judgment at the daily level, but the results are expected to be good even in stand-alone operation. The initial PIPS parameter settings are based on FXTF's historical chart data to ensure a good balance between win rate and profit. You can customize the parameters by your own findings from back-testing, such as reducing (increasing) the win rate and increasing (decreasing) the profit. We recommend OANDA Japan (Tokyo server), which has a low spread of less than 1 PIPS and stable execution in Japan. Main functions - Spread filter (setting value can be changed) - Compound interest setting (can be turned off) - Trade time setting (2 types) - Trade day setting - Weekend-only entry end time setting - Weekend forced settlement function ---------------------------Boribanneo OneWayBoy Manual ------------------------------ This EA uses the basic logic to filter entries, and uses the 5-minute Bollinger Bands as an indicator to aim for a push. The chart used is a 1-minute chart. The recommended account is Oanda Japan Tokyo server due to the balance between spread stability and execution power. The concept is to repeat a single step back and forth and leave a stable margin profit over a long period of time. The concept of this feature is to keep a stable profit margin over a long period of time by repeating a series of ups and downs. It is better to consider the number of lots (Levarage value) so that you can operate for a long period of time even if the immediate results are poor. Please click "File" on the upper left corner of the screen and click "Open Data Folder" to open the data folder. Open the data folder ② Open the MQL4 folder -> Experts folder in the data folder and drag and copy BoribanneoOWB.ex4. (3) Right-click on the Expert Advisor portion of the Navigator window and select Refresh (4) Confirm that BoribanneoOWB.ex4 is under Expert Advisor (5) Drag the BoribanneoOWB file to the 1-minute chart or right (5) Drag the BoribanneoOWB file to the 1-minute chart or right-click on it and paste it by clicking on "Show in Chart. (6) Open the Tools→Expert Advisor tab at the top of the screen and check if "Allow Automated Trading" and "Allow Use of DLLs" are checked. If not, check the box. This is the end of the installation settings. (1) Exept_Nomal_Order: Normally, this should be set to "false. If the order does not pass properly, set it to "true" and then set "Nomal_Order" to "false" in ②. Normally, "true" is fine. If the order does not go through successfully, set it to false and then set Exept_Nomal_Order in (1) to true. The initial value of 12 is usually fine. Set to true when an entry order is placed or when an order error mail is sent. The initial value is false. Max_Position Maximum number of positions to buy. The default value of 1 is recommended. ⑥ Magic_Number Magic number. Please change the magic number when there are duplicate order numbers in the same account. Slippage Allowable Slippage. Default value is 10. Change it if necessary. Depending on the broker (for slippery brokers), this may affect the weekend settlement function, in which case it may be safer to set a higher value. The initial value of NomalLots is 0.1. If you wish to use fixed lots, please set the leverage to 0.0 in ⑨. -For reference - 0.1 = 10,000 currency at OANDA Japan, which we usually use. If you set the Leverage to 0.0, the fixed lot size in (8) will be applied. The appropriate setting value varies depending on the server of the FX company you are using. It does not work with overseas Micro accounts. For OANDA Tokyo servers, 0.5 is recommended. Please adjust the setting by conducting a back test on the server where you will actually trade and confirming the appropriate lot size. If the spread is wider than the specified value, no entry will be made. This value can be changed. Sets the end time of trading for the weekend. Initial value 22:00 ⑫ WeekEndExitTime Sets the forced settlement time for the weekend. Initial value 22:30 *Set the time later than WeekEndtime in ⑪. Set the time later than WeekEndTime (11). If you do not want to carry over the trade, please check by yourself before the end of the trading day on the weekend to be sure. ⑬ Band_Period The period setting for the Bollinger Band. The default value of 100 is recommended. ⑭ Band_Timeframe The timeframe (in minutes) used for Bollinger Bands. A default value of 1 is recommended. (15) Buy_Stoplos Buy trade stop loss setting. A default value of around 30 is recommended. (⑯) Buy_Target The buy trade take-profit setting. A default value in the neighborhood of 90 is recommended. Depending on the trail, profit may be taken before the set value is reached. ⑰ Sell_Stoplos Sell trade stop loss setting. A default value of around 20 is recommended. ⑱ Sell_Target Sell trade take profit setting. A default value of around 50 is recommended. (⑲ StartTime1: Set the start time of the trade. (⑲ StartTime1: Trade start time, initial value 06:00⑳ EndTime1: Trade end time, initial value 03:00 (However, the open positions are not closed. It is the time to stop entry.) ⑫StartTime2: Trade start time, initial value blank (not used) ㉒EndTime 2 Trade end time Initial value Blank (not used) ㉓ Trade_mon Set to true if trading on Monday. Default value true ㉔Trade_tue Set to true if trading on Tuesday. Default value true ㉕Trade_wed Set to true if trading on Wednesday. Default value true ㉖Trade_thu Set to true if you trade on Thursday. Initial value true ㉗Trade_fri Set to true if you trade on Friday. Default value is true *Trade date and time setting item The time is not Japan time, but the time of the broker's server you are using. This is the time shown in the quote. The default trade time is set to the time of good backtesting in the case of winter time: GMT+2 and summer time: GMT+3.
Sales from
:
-
Purchased
:
0
times
Price: $61.56 (taxed)
¥9,800(taxed)
Provider/Distributor:
Sales site:
GogoJungle
●Payment
Forward Test
Back Test
Sales from : -
Purchased
:
0
times
Price: $61.56 (taxed)
¥9,800(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
