Gigagarura USDJPY

GigaGalula USDJPY is an EA that operates on the USDJPY currency pair.
It is recommended to operate with GMT+2/+3 brokers as some of the internal logic uses the daily timeframe.

It employs 9 different entry logics designed with an emphasis on long-term stability, and makes prudent and highly accurate entries.
After entry, the trailing stop function of the proprietary algorithm follows the market and aims to maximize profits.
In the event of a medium-term market reversal, up to three positions can be entered to diversify costs.

the beyond The concept was defined as "the pursuit of highly effective Average Down" and was implemented as the most distinctive feature, aiming for performance that is a step ahead in terms of mental management.

　Average Down" is what is known as "na-pin".
　We have not used this method until now because we have been concerned with the correct method, but this time we have changed our approach and sought its effectiveness, including the unorthodox method.

　We have implemented this method with a strong awareness of the fact that it is an "additional entry for cost diversification," rather than "keep taking positions until they collapse," and only a maximum of three positions can be taken.

　Rather than immediately reversing and making unrealized profits after entry, the market does not reverse immediately, but strongly moves into a medium-term reversal phase, leading to persistent profits through position control.

Cost What this EA does is cost diversification type Nampin, and stop-loss is also done firmly.

　On top of that, the back test of 1.0 lotsimple interest operation for 10 years and a maximum of 3 positions, the following results were obtained.
　The PF2.84 recorded a net profit of 28 million yen (more than 20 times the initial margin requirement).

The expected gain (average profit/loss per position including both winning and losing) when operating with 1.0 lot is
　The expected profit (average profit/loss per position including both winning and losing) when operating with 1.0 lot has recorded an astonishing figure of +11,000 yen or more.

The .
　When a continuous uptrend or downtrend is detected, the market will aggressively enter in the direction of the uptrend or downtrend, and the number of entries will increase.
　This allows the trader to earn substantial profits while the trend is continuing.


　The trailing stop function is based on a proprietary algorithm that changes its own parameters according to market conditions and entry positions, and updates S/L at optimal intervals to maximize profits.
　With this function at the core, all other operations are devised, implemented, and optimized.

Variable The Variable Stop Loss Function is used to set the optimal value between 48 pips and 74 pips at the time of entry, depending on the market conditions and entry position.
　The variable stop loss function prevents large drawdowns.
　When multiple positions are taken, the stop loss is set to the same value as the first position being held.

The .
　These functions are useful when operating multiple EAs with limited funds.

Dozens of entry that he, a professional programmer, has developed over several months of thinking about strategies, are constantly backed up over a long period of time on four PCs.
　He has been constantly conducting long-term back-testing on four PCs to verify the effectiveness, improve, and adjust the parameters of the entry logic.
　Only nine carefully selected entry logics are used.

　The main focus is on long term forward and short term inverse strategies.
　The overall strategy is to "read from chart movements the direction in which major moves are likely to occur in the future.







Specific "Currents USDJPY" The specific differences from his previous EA "Currents USDJPY" are as follows.

　The new tracking entry logic allows up to 3 positions to be entered.
　The trailing stop function supports multiple positions. Parameters have been adjusted to match the concept.
　New gain/withdrawal logic.

　If you are already using "Currents USDJPY", please note the following points in common.
　The entry logic for the first position is almost the same, including parameter adjustments.

It has recorded a win rate of over 70%, a PF of over 2.80, and high profits in a 10-year long-term back test.

Simple interest operation with a lot size of 1.0
Starting from an entry with less than 1.35 million yen(*) in margin requirement
We have recorded a profit of over 28 million yen in 10 years.
( More than 20 times the initial margin requirement )
*Margin requirement per 1.0 lot x 3 positions in an account with maximum leverage of 25x.


■When operating with simple interest at 0.5 lot size
We have recorded a profit of more than 14 million yen in 10 years.


At the time of compound interest operation with 3 times leverage (for comparison with other EAs that have published backtests using compound interest operation)
Starting from an entry of less than 450,000 yen (*) with a starting capital of 1 million yen and a margin requirement of less than 450,000 yen, the EA has recorded a profit of more than 3.3 billion yen in 10 years.
We have recorded a profit of more than 3.3 billion yen in 10 years.
( More than 7,300 times from the initial margin requirement )
*Margin requirement per 0.27-0.33 lot x 3 positions in an account with maximum leverage of 25x.


Please refer to the backtest of GogoJan (fx-on) for the results of more than 10 years of simple interest operation at a typical lot size of 0.1.

Q: Can you operate with a company (broker) that is not listed in the "Broker" column?
A: Basically, it can work with any broker that officially supports MT4.
　　Please note that this EA is recommended to work with brokers whose time settings are GMT+2/+3.
　　(GMT+2/+3 is the global standard time setting for MT4 and has been adopted by most Japanese brokers as of the end of 2017.)

Q: What is GMT+2/+3? Where can I find it?
A: This is the time setting of the broker's server.
　　Most brokers use it mainly for "5 daily charts per week".
　　If you search for "(broker name) GMT" you will find a web page that describes the time settings.

Q: How often do you enter the market?
A: On average, three to four times a week in our 10 years of back testing.
　　However, the aggressiveness of entry differs greatly depending on whether the internal logic indicates a long-term trend or not.
　　Also, when volatility is low (when the price is not moving), entries are not made very often.
　　We would appreciate it if you could operate this EA with a long-term perspective, keeping in mind that it is not the type of EA that always holds a position.

Q: A position was closed even though the settlement stop (S/L) was not reached, is this normal?
A: There is a profit stop logic as well as a trailing stop, so it is likely that this logic was triggered.
　　We also have a weekend position close function, so please refer to its settings.

Q：What is the cause of the "Not enough memory for ~" message in the "Trading History" tab?
A: MT4 is using too much PC memory.
　　We cannot guarantee the operation of EA if this message is displayed in the "Transaction History" tab, so please restart immediately.
　　Even if you already have a position, the EA will supplement the position and resume management after restarting.

　　This may be caused by operational problems such as opening too many charts and technicals in one MT4 or running too many EAs, or it may be due to the broker's MT4 customization.
　　The cause may be due to the broker's MT4 customization, or PC performance.
　　You can alleviate the problem to some extent by reducing the values of "Maximum number of bars in history" and "Maximum number of bars in chart" in the MT4 options (but at least 2,000 or more).
　　If you feel that the behavior is not correct, please open the "Transaction History" tab and check it.

Q: The back test does not work properly.
A: The back test requires a number of preparations and precautions, mainly as follows
　　Change the "Maximum number of bars in history" item in MT4 to at least 5,000,000 and restart.
　　Obtain historical data for the period to be measured.
　　Generate 5-minute to monthly data from the acquired historical data, and restart (tool use is required).
　　Select "All ticks" for "Model" in the Strategy Tester.
　　For brokers that are not GMT+2/+3, change the relevant parameters of the EA.

　　The procedure for preparing historical data varies depending on the broker you are using.
　　For details, please search for "MT4 backtest historical data" or similar.
　　Please refer to the web page that describes the necessary steps for back testing.

Q：How should I set the time frame of the chart to run the EA?
A：The time frame of the chart is fixed internally, so you can freely choose the time frame you wish to refer to.
　　The same operation can be performed with any time frame.

Q：The descriptions on the parameter input screen are garbled.
A：This situation may occur with MT4, which has a problem due to significant customization by the broker, or with VPS in some special environments.
　　We apologize for the inconvenience, but please check the numbers and descriptions in the "Parameter Descriptions" section of this page to understand the situation.

Q：What exactly should I set for the number of lots?
A: If you wish to invest in simple interest (fixed lot), please select "Compound interest?
　　If you wish to use simple interest (fixed lot), please set "Compound interest" to "false" and set the number of lots you wish to use in the "Number of lots per position when using simple interest" field.

　　If you wish to use compound interest, select "false" for "Compound interest".
　　If you wish to use compound interest, please select "true" for "Compound interest" and set the number of leverage per position for compound interest to the number of times the funds you wish to use.
　　The default leverage per position for compounding is 3x, and we recommend a maximum leverage of 5x or less for risk management.
　　Please note that this is not the place to enter the broker's maximum leverage.

　　If compounding is enabled, the following will appear on the chart

OrderLot: "Number of lots per position for compounding".
UseLeverage: "Number of leverage you have set", MaxLeverage: "Maximum leverage of the broker
MinLot: "Broker's minimum lot size", MaxLot: "Broker's maximum lot size
MarginRequiredPerLot: "Excess margin required for 1.0 lot order

Please be sure to check that each of the information displayed here is correct.
If the information is incorrect, compounding cannot be performed properly.
We have actually seen cases where brokers have set the "Maximum Broker Lot Size" and "Excess Margin Required for 1.0 Lot Order" values in MT4 to abnormal values.
(e.g. when backtesting with GEMFOREX on a demo account of XM Trading or on an older version of MT4).

Q: I am a broker with a maximum leverage of ~x and a margin of ~yen, what is the recommended number of lots to operate?
A: We recommend the number of lots that can be operated with less than 10x leverage, which is generally recommended for risk management.
　　Considering the average number of positions held and the currency rates in June 2018, we recommend that you operate no more than 0.5 lots per position with a margin of 1 million yen.
　　Please use the above values as a reference and make your decision on a relative basis.
　　Even if the maximum leverage is 500 times, there is a difference in the margin until the forced loss cut, but fundamentally, there is no difference in the risk itself compared to the 25 times account, so there is no difference in this recommended value.

Q：What exactly should I do about time settings?
A：If the time setting of the broker's server is GMT+2/+3, the default setting is fine.

　　The main specifications for time setting parameters are as follows.

　　① "Do you want automatic GMT calculation?
　　② "The format of the broker's daylight saving time".
　　3) "Broker's standard time GMT"
　　(4) "Broker's DST GMT" (5) "Broker's standard time GMT" (6) "Broker's daylight saving time GMT"

　　When ① is set to "true", the values of ②, ③, and ④ are automatically set, but they cannot be automatically set correctly when the time settings in the operating environment (PC or VPS) are incorrect or during back testing.
　　In order to prevent the EA from being affected by the operating environment and to prevent confusion during back testing, the standard setting is "false" for ① and fixed at the GMT+2/+3 values for ②, ③, and ④.

Q: Entries and trends were different from the forward test.
A：Please understand that the chart data, spread, slippage, and execution power of each broker is different, and environmental conditions such as PCs, VPSs, and their communication lines are also different, so there are inevitably some differences in operation.
　　We have confirmed that more than 80% of the trades are similar if you use brokers such as "OANDA Japan Tokyo Server" or "Titan FX Blade Account" that meet the performance standards of modern brokers, and in the long run, the forward test environment of "OANDA Japan Demo Account" is more stable than the forward test environment of "Gogojan (fx-on)". We have many EAs that have better results than the "OANDA JAPAN Demo Account", which is the forward test environment on Gogojan (fx-on), in the long term, so we hope that you will consider switching to a different broker depending on the performance of the broker you are using.

Q: I had ~Pips of unrealized profit, but it did not take profit.
A：Basically, this EA is a strategy that aims to maximize profits by using trailing stop and profit-taking logic, and it positions itself with an eye on profits of 30 to 80 pips, or even more.
　We hope you will understand that this is an adjustment based on more than 10 years of back-testing to maximize the combined profit, avoiding drawdowns due to small profit withdrawal, and so on.
　In addition, if you wish, you are free to close the positions acquired by the EA at your discretion, as the EA will recognize that the positions it manages have been eliminated and will operate normally.

The parameter names are written below, but when the EA is actually operated, they are replaced with explanatory text as shown in the image.

Basic Settings

Parameter Name	No.	Description
MagicNumber1～9	B01 to B09	EA's magic number (unique number) 1-9 Used internally to identify the position entered by the EA. If there are other EAs running at the same time, change each magic number to a number that is greater than or equal to 1. Also, setting a negative value (-1, etc.) will deactivate the corresponding entry logic.
Comment	B10	Character string to be written in the comment field of the order Up to 31 one-byte characters can be specified. This is mainly used by the user to keep track of the transactions made by the EA. By setting the string to 25 single-byte characters or less, including "[]" at the end of the sentence, the function to append the number corresponding to the triggered entry logic to the comment will be enabled.
IsEnabledCheckPropertiesAndOptions	B11	Do you want to perform a simple check of the EA properties and MT4 options at startup? With "true", a simple check of each setting is performed at startup. If there is a clear problem, such as automatic trading is not allowed or the margin is lower than the required margin, the problem will be indicated by an alert and the EA will be terminated in some cases.

Time Setting

Parameter Name	No.	Description
IsEnabledAutoGMT	T01	Automatic GMT calculation? Local PC time settings must be correct for normal operation. Since we recommend that you use a broker with GMT+2/+3, we have disabled it and fixed the settings for the following three items. Although the accuracy of some entries will be reduced, it is possible to work with brokers with time settings other than recommended, so please enable these settings if you wish to use them. If you wish to use this function, please enable it. If the local PC time is incorrect, or when backtesting, please disable it and specify the following three items.
BrokerDaylight SavingTimeType	T02	Broker daylight saving time format. Daylight saving time non-adopted, US style, and UK style are supported. For a typical GMT+2/+3 broker, specify the U.S. time.
Broker StandardTimeGMT	T03	Broker Standard Time GMT Specify 2 for standard GMT+2/+3 brokers.
BrokerDaylight SavingTimeGMT	T04	Broker Daylight Saving Time GMT Specify 3 for a typical GMT+2/+3 broker.
IsEnabledDrawTimes	T05	Do you want to draw each time? For checking the time. If EATime correctly points to GMT+2/+3 during trading hours, the operation is normal. If it is outside of trading hours, EATime and ServerTime will not be updated.

*When changing parameters directly related to entry, please do so carefully after verifying with a back test.

Entry Setting

Parameter Name	No.	Description
IsEnabledCompound InterestCalculation	E01	Enable Compound Interest Calculation If "true", compound interest is enabled, and if "false", simple interest is enabled. If compounding is enabled, also enter the "Type of funds used for compounding" and "Number of leverage used for compounding" fields.
Lots	E02	Lot size per position for simple interest operation Specify the number of lots per position for simple interest operation. This field is not referenced for compound interest operation.
CompoundInterest CalculationType	E03	Type of funds to be compounded. Balance" is the amount of funds that are purely deposited. FreeMargin", which reduces the number of lots after the second position, is not recommended for this EA because of the use of nan-pinning.
CompoundInterest UseLeverage	E04	The number of leverage used per position (times) when compounding. When compounding, the maximum number of lots that can be operated with the amount derived by multiplying the "type of funds to be compounded" by the "number of leverage to be used for compounding" is applied. Generally, it is recommended to operate with less than 10 times leverage as risk management in most cases, so it is recommended to set the number to "5" or less, taking into account the average number of positions. Please note that this is not the place to enter the broker's maximum leverage.
IsEnabledDraw LotInformation	SlippagePips	Displays information about the number of lots. When compounding, please make sure that the following information displayed here is correct OrderLot: "Number of lots per position for compounding UseLeverage: "The number of leverage you have set", MaxLeverage: "The maximum leverage of the broker". MinLot: "Broker's minimum lot size", MaxLot: "Broker's maximum lot size MarginRequiredPerLot: "Excess margin required for 1.0 lot order
SlippagePips	E05 SlippagePips	Allowable Slippage (in Pips) If slippage is above this value, entry will not be made. 1 Pips = 10 Points
MaxSpreadPoint	E08	Allowable Spread (in Points) Entry will not be made if the spread is above this value.
IsEnabledEntryRestriction ByFreeMargin	MaxSpreadPoint E07	Enable Entry Restriction by Free Margin If "true", the following two items are enabled. If you have multiple EAs in operation, you can set this option to refrain from entry if you already have a position and there is no margin margin left.
FreeMarginPercent ForEntryRestriction	E08	Ratio of margin requirement to margin requirement for new entry (in %). If this percentage is not met, entry will not be made.
FreeMarginAffterEntry ForEntryRestriction	E11	Amount of margin requirement after new entry (in the currency unit of the account) If the amount of current margin minus the margin required for new entry is less than this value, entry is not made.
IsEnabledEntryRestriction OnTradeTimeoutError	E10	Enable or disable entry restriction on trade timeout error If an entry fails due to a server out-of-time error when placing an entry, the entry will not be made for the next 60 minutes. This function is intended to prevent the risk of multiple orders being placed in extremely poor environments where it takes more than 10 minutes for the server to respond to an order.
EntryWaitMinutesAfterStartup	E12	Entry time limit at startup (in minutes) Entry will not be made until the 1-minute time limit specified here has been updated a specified number of times after startup. This function is used to reduce differences in behavior due to chart conditions and technical specifications immediately after the startup of a particular MT4.
EntryStartHour	E13	Entry start time at the beginning of the week (hour) GMT+2/+3 basis No entry is made before this time on Monday.
EntryStartMinute	E14 EntryEndHour	Entry start time at the beginning of the week (minutes) GMT+2/+3 basis No entry is made before this time on Monday.
EntryEndHour	E15 EntryEndMinute	End of weekend entry time (hour) GMT+2/+3 standard No entries will be made after this time on Friday.
EntryEndMinute	E15 EntryEndMinute	End of weekend entry time (minutes) GMT+2/+3 standard No entries will be made after this time on Friday.
EntryEndHour ForAverageDown	E18	Entry end time for the weekend (hour) GMT+2/+3 basis No entry will be made after this time on Friday.
EntryEndMinute ForAverageDown	E18	Entry end time for the weekend (minutes) GMT+2/+3 basis For chasing No entry will be made after this time on Friday.
IsEnabledWeekendClose	E19	Enable Weekend Position Close functionality.
WeekendCloseHour	E20	Weekend position close time (hour) GMT+2/+3 basis If a position is held after this time on Friday, it will be closed.
WeekendCloseMinute	E21	Weekend position close time (minutes) GMT+2/+3 basis If a position is held after this time on Friday, it will be closed.

Modify Settings

Parameter Name	No.	Description
TrailingStopStartPointOffset	M01	Trailing Stop Start Position Offset (in Points) The trailing stop, which initially starts at the position of a small profit, can be moved relative to the position of a small profit in units of points. The range is -64 to +64, with a "+" value moving in the direction of profit and a "-" value moving in the direction of loss. This is a deprecated item.

file-name	Description.
FXBotGigaGaruraUSDJPY_*_*_*.ex4	Please place the EA in the MT4 data folder /MQL4/Experts/ and use it.