Covering_EA_USDJPY

About JRD's EA

JRD, which provides the Covering_EA.

As a diversified investor, we build daily profits by investing in a variety of areas, including FX, stocks, real estate, as well as outside businesses and horse racing.

Automatic trading by EA in the field of FX is one of them. In this EA, we have accumulated and confirmed data that "even if a large number of people use the same system, there is no particular impact on our own profits", which is why we decided to start offering EA. We will be happy if we can not only make a profit by using this EA but also share the joy with "other people who use the same EA.

By the way, although we invest in a variety of areas, from forex to real estate to horse racing, we are not experts in all of them. Many of our investments are not based on methods or systems that we have developed through our own experience, but rather on our "unique connections" (we are better at obtaining and identifying information than building methods and systems). (We are better at obtaining and identifying information than building methods and systems.)

And Covering_EA is not something that I created from scratch, but something that I obtained the rights to use (including the sales rights) from a "proven and excellent system trader" through my own face-to-face connections. (Please be assured that we are familiar with the internal logic, the rationale for its high superiority, and the program, etc.)

When I acquired this EA, of course, I did not have any actual results myself, but after a certain period of time, it has actually become "an important pillar of my monthly investment income". I hope that those who are going to introduce this EA will be able to increase their source of income without any worries.

The greatest strength of Covering_EA_USDJPY

Covering_EA_USDJPY is an EA that determines the strength and weakness of the yen (JPY) and its power relationship with foreign currencies, and goes long when the yen is relatively strong and short when the yen is relatively strong. By judging the yen's (JPY) strength and weakness over the medium and long term within a day and using the one-minute timeframe to time trades precisely, it is possible to trade with a high degree of precision. This allows for highly accurate trading.

Based on this method of "capturing price movements based on the strength and weakness of the yen and its relative power relationship with foreign currencies," our EA has the following advantages over the USDJPY. While the USDJPY is the target currency pair, the superiority of the EA is not limited to the USDJPY. The main focus is on the "JPY" and the " USDJPY ". Since the main focus is on the "yen" itself, the EA is not limited to the "USD/JPY" currency pair, and a single logic is effective for a variety of currency pairs such as EUR/JPY, GBP/JPY, AUD/JPY, etc. This is the greatest strength of Covering_EA_USDJPY.

Below are the results of testing Covering_EA_USDJPY with each currency pair.
(*This is the result of using the same EA settings without changing any parameters for each currency pair.)

Performance in USD/JPY

Performance in EUR/JPY

Performance in GBP/JPY

Performance in AUD/JPY

Performance in Canadian Dollar/Yen

As shown above, we can confirm that the profit curves are steadily rising for various cross-yen currency pairs, even though the parameter settings are completely identical. This is not a logic optimized for "only USD/JPY" or "only EUR/JPY," etc., but rather a logic that judges the "strength or weakness of the yen (JPY)" and the "power relationship with foreign currencies" and goes long when the yen is relatively strong and short when the yen is relatively weak. This is because it is an EA that trades based on the essence of the currency market, going long when the yen is relatively strong and short when the yen is relatively weak or strong.

Thus, Covering_EA_USDJPY can expect stable profits not only from USD/JPY, but also from many cross currency pairs such as EUR/JPY, GBP/JPY, AUD/JPY, and even CAD/JPY. The currency pair with the narrowest spread and the highest expected value is "USD/JPY".

Features of Covering_EA_USDJPY

Effective for various cross-yen currency pairs

As indicated in the explanation of "The greatest strength of Covering_EA_USDJPY," Covering_EA_USDJPY is a currency pair that is "trading based on the essence of the foreign exchange market" by judging "the strength and weakness of the yen (JPY)" and "the power relationship with foreign currencies". In order to "trade based on the essence of the exchange rate", Covering_EA_USDJPY is effective not only for the currency pair "USD/JPY" but also for many other cross currency pairs such as EUR/JPY, GBP/JPY, AUD/JPY, CAD/JPY...etc.

Trading according to the characteristics and quirks of each currency pair may be important, but we believe that the EA that trades based on the characteristics of the "market itself," such as Covering_EA_USDJPY, which wins without being limited to a specific currency pair, is the one that will continue to generate stable profits for a long time. We believe that EA is the one that continues to generate stable profit for a long time.

Positive monthly income/expenses more often than 90% of the time

One of the strengths of the Covering_EA_USDJPY is its high degree of profit stability. Basically, the profit factor of 2 or more is maintained every year, and the profit/loss balance is more than twice the maximum profit of the maximum loss, so it is possible to increase profit while suppressing unnecessary losses. The results are inevitably reflected in the total monthly income and expenses.

Looking at past data, there have been years when we have experienced up to three consecutive months of losing, but there have also been many more years when we have not lost a single monthly total, and we have had "only about one negative monthly balance in a year" and "about 11 out of 12 months of positive monthly balance every year". In addition, there have been many more years in which we have not had a single losing year in the monthly totals, and we have been in the positive for about 11 out of 12 months each year.

Furthermore, even in months when there is less than a 10% chance of a negative monthly balance, the amount of the loss is very small, and no matter how large the loss may have been in any given month, the maximum loss is only 10%. This is basically a calculation that the following month will "recover the previous month's loss amount" and the highest account balance will be renewed again.

Basically, trading is executed at least once a day.

Covering_EA_USDJPY is an EA that trades by judging the "strength or weakness of the yen (JPY)" and "power relationship with foreign currencies. This "wave of strength/weakness of the yen (JPY) and its power relationship with foreign currencies" occurs 1 to 3 times a day, and on average, more than once a day. The average frequency of trading is more than once a day, because the EA encounters a timing with very high expected value.

The more frequently you buy and sell, the more likely you are to have the "law of large numbers" on your side, and the more likely you are to get the results you "expect" each month.

If the EA only trades once or twice a week, or if there is a large variation in when trades are executed and when they are not, it will be difficult to maintain the expected results for a month, and it will also be difficult to check the effectiveness of the EA itself. It is difficult to maintain the expected results for a month, and it is also difficult to confirm the effectiveness of the EA itself.

However, Covering_EA_USDJPY is traded 20 to 30 times per month, or nearly 1 The results are roughly the same as the annual average every month, and the effectiveness of the EA can be constantly confirmed.

Limited trading hours (from 6:00 a.m. to 3:00 p.m. Japan time)

Covering_EA_USDJPY uses "the strength/weakness of the yen (JPY) and its power relationship with foreign currencies", so the most stable time for trading is from 6:00 am to 3:00 pm Japan time. Therefore, the trading hours are from 6:00 to 15:00 JST, when the waves are most likely to be stable. By limiting the trading hours in this way, we can eliminate trading with low expected value, and also safely improve capital efficiency when building a portfolio by combining other powerful EAs.

We are using a combination of several EAs, all of which have different time frames for trading. This allows us to avoid the risk of having multiple EAs take positions in the same direction at the same time, to avoid the risk of increased leverage by having multiple positions, and to avoid unnecessary cost increases by having different EAs take positions in both directions at the same time.

Buy and sell at the opening price only

The Covering_EA_USDJPY performs highly accurate trading by judging the medium- and long-term strength and weakness of the yen (JPY) over the course of a day, and then using the 1-minute leg to accurately time trades. This allows for highly accurate trading.

By using "the opening price of the 1-minute session" for trading timing, "risk due to instantaneous blurring" and "variation in results due to rate errors among traders" can be prevented to the greatest extent possible, and the "strength/weakness of the yen (JPY)" used can be captured stably. In addition, it is possible to stably capture the strength/weakness of the Yen (JPY) and its power relationship with foreign currencies.

Only one technical indicator is used

General EAs often perform well in back-testing, but lose in actual operation. One of the reasons for this is "the use of many technical indicators or indicators and parameters that have been applied to past market conditions.

Using past market data to build optimal logic is an effective means, but if you do it more than necessary, it will not be "logic that responds to the market," but rather "logic that only responds to past market data However, if it is done more than necessary, it will become "logic that only responds to past market data. This "line between moderate and excessive optimization" is very difficult to draw, but the simpler the logic is, the smaller the divergence between test and actual operational results.

In this regard, Covering_EA_USDJPY uses only one technical indicator. It also has only one parameter.

The idea behind Covering_EA_USDJPY is that "to keep winning in the market, you only need one tool," and "the secret to winning is to master the art of using just one tool rather than relying on the number and performance of tools.

Performance Details

We use data from Alpari.com in order to maximize the discrepancy between back-test results and actual performance, and between past performance and future performance, and to provide more accurate analysis. Alpari.com data is one of the most accurate historical data available.

Generally, in many cases, "FXDD data" is used for back-testing due to "ease of data acquisition. However, this "FXDD data" may contain "data of "holidays" which are not actually distributed", "data of "window openings" on the chart", "data of "holidays" which are not actually distributed", "data of "holidays" which are not actually distributed", and "data of "windows" on the chart". However, we refrain from using this "FXDD data" because it contains data for "holidays" that are not actually distributed, there are more "window openings" on the charts than actual data, and some data are missing.

Therefore, here we show performance using data from Alpari.com (we recommend that you use accurate data for your own testing). (We recommend that you use the exact data for your own testing as well.)

Backtest Results and Expected Monthly Interest Rates

The above are back-test results based on data from 1999, the earliest year for which accurate data exist, to the most recent.

We believe that operating Covering_EA_USDJPY at a ratio of 1 lot (100,000 currency units) to 1 million yen in funds is the safest and the best way to expect high performance. As a result, the net profit was 1,963,590 yen for about 19 years (234 months), and the maximum drawdown was 210,544 yen. The maximum drawdown was 210,544 yen.

This figure indicates that with a maximum risk of about 20%, a monthly interest rate of about 8% can be targeted.

Profit Factor" and "Win Rate" are also useful as indicators in analyzing EAs, but we place the highest importance on the value derived from the formula " Net Profit / Maximum Drawdowns / Number of Months Tested " to determine "how much profit can be safely obtained ". We place the highest importance on the value derived from the formula "Net Profit/Maximum Drawdown/Number of Months Tested.

Using this formula for the performance of Covering_EA_USDJPY, "1,963,590 yen / 210,544 yen / 234 months = 0.398".

Normally, if this number is "0.1 or more", it can be judged as an excellent EA, but Covering_EA_USDJPY is about 4 times that standard value.

This has been shown to be a very safe and profitable EA.

(This analysis method can be derived with a simple formula, but it is a highly effective analysis, so please try to calculate and compare it with various EAs.)

drawdown

Thisakasen graph shows the "size of drawdowns" and the "length of drawdowns".
Most drawdowns are basically around 10%, and even the drawdowns that occur once every few years are a maximum of around 20%, confirming that you can operate with a very small risk for a "high profit rate. It can be confirmed that the risk is very small compared to the "high profit rate.

Regarding the "length of drawdowns," we can also confirm that once a drawdown occurs, funds are recovered in a short period of time, and the highest account balance in the past has been renewed again in as little as four months.

These "small and short drawdowns" are another strength of Covering_EA_USDJPY.

Monthly Results

Above are the monthly results for a single lot (100,000 currency units) simple-interest operation.

Looking at past data, we have experienced a maximum of three consecutive months of losing in 2007, but there have been many more years in which we have not lost a single monthly total, and we have had a track record of "only one negative monthly balance in a year" and "about 11 out of 12 months of positive monthly balance every year. In 2007, he lost for a maximum of three months in a row, but has had many more years in which he has not lost a single monthly total .

Furthermore, even in months when there is less than a 10% chance of a negative monthly balance, the amount of the loss is very small, and no matter how large the loss may have been in any given month, the maximum loss is only 10%. This is basically a calculation that the following month will "recover the previous month's loss amount" and the highest account balance will be renewed again.

Covering_EA_USDJPY × Covering_EA_EURUSD

Covering_EA_USDJPY, as explained so far, this EA by itself, as it can aim for a solid monthly gain of about 8% with a maximum risk of about 20%. It has been showing excellent performance.

By adding " Covering_EA_EURUSD" to "Covering_EA_USDJPY", which utilizes the strength and weakness of the yen (JPY) and the power relationship with foreign currencies, we can further "reduce drawdowns", "increase profits", and "improve the frequency of positive monthly profit and loss". By adding "Covering_EA_EURUSD" to "Covering_EA_USDJPY" which uses the strength/weakness of the US dollar (USD) and the power relationship with foreign currencies," you can expect "smaller drawdowns," "higher profit margins," "higher frequency of positive monthly returns," and more. You can also expect to see a "reduction in drawdowns," "improvement in profit margins," and "improvement in the frequency of monthly positive earnings.

By combining Covering_EA_USDJPY and Covering_EA_EURUSD, they can cover each other's losses and increase each other's profits to achieve a solid monthly gain of about 15% per month at a maximum risk of 25%.

In addition, in the "Monthly Results," the number of months with negative monthly earnings can be reduced to a minimum.

If you want to continue to make large monthly profits safely with EAs in earnest, please consider introducing Covering_EA_USDJPY and Covering_EA_EURUSD.

Parameter Setting

Please note that this EA works properly only on "M1 (1 minute )" and will not work properly on charts other than 1 minute.
The same also applies to back-testing by yourself.

Basically, there is no need to make any changes to the EA settings for parameters.
If you are running other EAs, please be careful not to duplicate only the magic number, and you can operate optimally with the default settings.

Lots

This is the number of lots when simple interest operation is selected.
Normally, 1 lot = 100,000 currency units, so change the value to "0.1" for simple interest operation of 10,000 currency units.
This item applies only when compound interest operation (CUM) is set to "false.

CUM

This is the ON/OFF setting for "Compound Interest Management".
When "true" is selected, "compounding" is used, and when "false" is selected, "simple interest" is used.

CUMR

This is the lot ratio when compounding is selected.
The default setting is "1.0," which means "1.0 lots for 1 million yen.
For example, if you wish to compound at a rate of "0.5 lots for 1 million yen" or "0.1 lots for 200,000 yen," set this value to "0.5.
For this EA, the ratio of "1 lot (100,000 currency units) for 1,000,000 yen" is the safest way to operate. We believe that the safest and highest performance can be expected when using the ratio of "1 lot (100,000 currency units) per 1,000,000 yen", so there is usually no need to change this value.

Slippage

This is the setting for how many points (10 points = 1 pip) to allow for when slippage occurs at the time of an order to execute the trade.
There is no need to change this setting.

MaxSpread

This is the setting for how many pips of the spread at the time of the order should be allowed to execute the trade.
There is no need to change this setting.

Magic

The magic number is set to identify the EA.
In case it is duplicated with other EAs, you need to change it to another number.

precautions

• This EA works only with MT4 that uses "Winter Time GMT+2 and Summer Time GMT+3". Please note that it will not work correctly with firms that use other time standards. However, since this standard is used by many MT4s, there should be no problem in most cases, so please do not worry.
• The back test and actual operation will work correctly only on "M1" (1 minute). Please note that it will not work correctly on charts other than the 1-minute chart.
• The EA's trading hours are from 6:00 to 15:00 Japan time, when the yen's strength and weakness are most stable, and include times when spreads are likely to widen. Therefore, the program maintains a high expected value by not trading when the spread widens beyond a certain level, so the trading frequency may vary depending on the firm you use.
• We will do our best to respond promptly to your questions, but please understand that you may have to wait a long time for a response.