Step Boost
Expert Advisors
MetaTrader 4
Sales from
9/17/2018
Last Updated At
10/17/2018
Version
04
My Profile
トレロジ研究所- Whole period
- 2 years
- 1 year
- 6 months
- 3 months
- 1 month
Profit
:
-505,915JPYProfit Factor
:
0.79Rate of return risk
?
:
-0.86Average Profit
:
5,670JPYAverage Loss
:
-57,427JPYBalance
?
:
494,085JPYRate of return (all periods) ?
:
-27.64%Win Rate
:
88.95%
(338/380)
Maximum Position
?
:
1Maximum Drawdown
?
:
31.25%
(586,326JPY)
Maximum Profit
:
9,184JPYMaximum Loss
:
-81,930JPYRecommended Margin
?
:
1,830,200JPYUnrealized P/L
:
0JPYDeposit
?
:
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
[EUR/USD]
Trading Style
[Scalping]
Maximum Number Position
1
Maximum Lot
100
Chart Time Frame
M15
Maximum Stop Loss
0
Take Profit
0
Straddle Trading
No
Application Type
Metatrader Auto Trading
Other File Usages
No
■■■ Notice ■■■
Investment navigator: Power-up version of EA "Dance" Launched EA "Stage Boost"! There is also a 19 year back test result!
Investment navigation: pinch is a chance! ? EA "Stage"
■■■ EA version upgrade information ■■■
Version 2: Enhance position management
Version3: Addition function of selecting whether to force settlement of existing position by setting time filter
Version 4: Bug fixes related to exception handling
Change order comments to be displayed on the chart
■■■ Stage Boost EURUSD M15 ■■■
EA "stage" Boost version with increased number of transactions for .
Conventional EA "stage" Enter at the same place as
I will do the entry in another place.
(However, if the increased entry has not been settled because of 1 positive EA,
No entry will be made even if the entry timing for the previous version EA “Stage” comes
EURUSD is only for 15 minutes.
It is a high winning rate type 1 positive EA.
Perform regular scalping.
TP and SL are as stated.
Single benefit / benefit mode can be switched.
In addition, we do not perform Namping, martingale.
When parameter setting boost is turned off
Conventional EA "stage" Do the same transaction as.
■■■ Trade content ■■■
Detects a large trend and performs sequential scalping so that the range appearing in the middle does not go against the trend.
■■■ By back test condition ■■■
Historical data uses data from FXDD.
★ spread = 5 backtest results (single interest mode: 1 lot) Account Balance change: $ 10,000 to $ 8.1000
★ spread = 10 backtest results (single interest mode: 1 lot) Account Balance change: $ 10,000 to $ 6.5 thousand
★ spread = 5 backtest results (compound mode: 20 times) Account balance change: $ 10,000 to $ 485.3 million
★ spread = 10 backtest results (compound mode: 20 times) Account balance change: $ 10,000 to $ 314.7 million
★ spread = 5 backtest results (compound mode: 10 times) Account balance change: $ 10,000 to $ 1,768 thousand
★ spread = 10 backtest results (compound interest mode: 10 times) Account balance change: $ 10,000 to $ 547,000
■■■ Parameter setting ■■■
"Compound interest function" "leverage [double]" "lot number"
Please set up after carefully considering the risk.
★ Compound Interest Default: false
False: Single interest mode
True: compound interest mode
★ "Leverage [Double]" Default: 10
(This parameter is ignored when the compound interest function is set to false.)
It is a setting of how many times the amount of money to hold the position to the account balance.
Check the upper limit of leverage for each broker, and take into consideration the risk.
The number of lots is calculated by the following formula.
[Compound interest lot formula]
Lot number = Account balance 価 格 Price per lot × Leverage
It is recommended to check in advance by back test whether the set value will result in the expected number of lots.
★ "Number of Lots" Default: 1
(This parameter is ignored when the compound interest function is set to true.)
It is specification of the number of lots.
★ "Allowable spread number [point]" Default: 20
Specifies the allowable spread at entry time.
If the specified spread is exceeded, no entry will be made.
The unit is point.
A point is the smallest variation of the offer rate displayed by each broker.
For example, if the offer rate of EUR / USD is 1.17821USD, the display will be up to 5 decimal places, so $ 0.00001 = 1 point.
★ Allowable slippage number [point] Default: 10
Specification of acceptable slippage.
The unit is point.
For the point, please refer to the explanation of "the allowable number of spreads".
★ "Boost" Default: true
Conventional EA "stage" This setting increases the number of transactions for .
Set to true to increase the number of transactions.
When set to false Conventional EA "stage" - Trade the same as .
★ "Magic Number 1" Default: 350647176
★ "Magic Number 2" Default: 350647177
It is an identification number of EA. It is necessary to set two for the convenience of the program.
Since this is a number to identify other EAs, please enter an integer that does not overlap with the magic numbers of other EAs.
Even when running multiple EAs in the same account, it is necessary to change the magic number for each.
You need to set different values for magic numbers 1 and 2 as well.
If you are not running another EA, you do not need to change the number as it is by default.
★ "Time filter" (as of version 2) Default: 1/0000/0200; 5/2200/2400; 6/0000/2400; 0/0000/2400;
Stop trading for a specified period. If you have a position will be forced settlement.
The time specification must be specified in the broker's server time. (It is the time displayed on the chart of MT4)
The default value is set to close on weekends based on GMT + 2 / + 3.
If you use other GMT-based brokers, please change the value according to each GMT-based one.
The specific way to specify a time filter is as follows.
: Stop trading on Friday 15: 00-16: 00
5 / 1500 / 1600 ;
Part 1 (red part): Designation of day (0 = day 1 = month 2 = Tuesday 3 = water 4 = tree 5 = Friday 6 = Saturday 7 = daily)
Part 2 (blue part): Designation of transaction stop & forced settlement time (Specify 4 half-width numbers. In case of 9 o'clock etc., please put 0 as the head.)
Part 3 (green part): Trading start time (4 half-width numbers specified
. In the case of 9 o'clock, please add 0 to the head as 0900. )
Please be sure to write everything in half size, with each part separated by a slash "/" and put a semicolon ";" at the end.
There is no problem with using half-width spaces. The specifiable time is from 0:00 to 24:00.
: Stop trading daily between 0:00 and 3:00
7 / 0000 / 0300 ;
: Daily transaction from 0:00 to 3:00, Friday 15:00 to 16:00 Stop of transaction
7 / 0000 / 0300 ; 5 / 1500 / 1600 ;
If you want to specify multiple periods, you can continue writing like this (up to 256 can be specified).
: Daily trading between 23:00 and 2:00
7 / 2300 / 2400 ; 7 / 0000 / 0200 ;
If you want to set over the day, please divide the time into two as above.
The following specification methods that exceed 24:00 can not be performed. Please specify in two parts as above.
[This specification is not acceptable ⇒] 7 / 2300 / 2600 ;
★ "Time filter" (version 3 or later) Default: 1/1/0000/0200; 1/5/2200/2400; 1/6/0000/2400; 1/0 / 0000/2400;
Stop new entries for a specified period. If you have a position, you can choose to force settlement.
The time specification must be specified in the broker's server time. (It is the time displayed on the chart of MT4)
The default value is set to close on weekends based on GMT + 2 / + 3.
If you use other GMT-based brokers, please change the value according to each GMT-based one.
The specific way to specify a time filter is as follows.
: New entry suspension on Friday 15: 00-16: 00 (does not forcibly settle existing positions)
0 / 5 / 1500 / Part 1 (purple): Forced settlement of existing positions (0 = do not force settlement 1 = forced settlement)
Part 2 (red part): Designation of day (0 = day 1 = month 2 = Tuesday 3 = water 4 = tree 5 = Friday 6 = Saturday 7 = daily)
Part 3 (blue part): Specify the time filter start time (Specify 4 half-width numbers. In the case of 9 o'clock etc., please put 0 as a head as 0900)
Part 4 (green part): Specify the time filter end time (specify 4 half-width numbers. In case of 9 o'clock etc., please add 0 as a head as 0900)
Please be sure to write everything in half size, with each part separated by a slash "/" and put a semicolon ";" at the end.
There is no problem with using half-width spaces. The specifiable time is from 0:00 to 24:00.
: New entry stop & existing position forced settlement of Friday 15: 00-16: 00
1 / 5 / 1500 / 1 / 7 / 0000 / 1 / 7 / 0000 / 1 / 5 / 1500 / 1600 ;
If you want to specify multiple periods, you can continue writing like this (up to 256 can be specified).
: New entry stop & existing position forced settlement of daily from 23:00 to 2:00
1 / 7 / 2300 / 1 / 7 / 0000 / 0200 ;
If you want to set over the day, please divide the time into two as above.
The following specification methods that exceed 24:00 can not be performed. Please specify in two parts as above.
[This specification can not be specified] 1 / 7 / 2300 / 2600 ;
: New entry stop on Friday 20: 00-24: 00 & existing position forced settlement of Friday 22: 00-24: 00
0 / 5 / 2000 / 2400 ; 1 / 5 / 2200 / 2400 ;
It is a setting to stop new entries on Friday at 20 o'clock on weekend closing and settle existing positions at 22 o'clock.
(In this example, the time filter is canceled at 24 o'clock, so make sure not to forget the setting of weekends and moons. I will omit it here.)
★ "Comments" Default: "MA Sample"
It is setting of order comment. The default is "MA Sample", but you can change it freely.
■■■ Cautions ■■■
★ This EA is dedicated to EUR / USD 15-minute charts.
Application to charts other than EUR / USD 15 minutes is not assumed.
★ Supports the following accounts. Other accounts are not supported.
・ Yen denominated
・ Dollar denomination
・ Euro-denominated
・ Denominated in Australian dollars
★ If you backtest the welfare mode with this EA, "dollar denominated" or "euro denominated"
Please carry out at. "Yen-denominated" and "Australia-denominated" can not be implemented for the convenience of the program.
★ This EA will set limit and stop price for the position after entry of the position,
This is just for security, and the actual settlement is done by the EA.
Therefore, the limit price and stop price set for the position have a margin slightly more than the actual settlement.
★ Please use after taking into consideration the risk and operating at your own risk regarding this EA.
In addition, please note that we are not responsible for any loss caused by using this EA.
■■■ By back test condition ■■■
Historical data uses data from FXDD.
★ spread = 5 backtest results (single interest mode: 1 lot) Account Balance change: $ 10,000 to $ 8.1000
★ spread = 10 backtest results (single interest mode: 1 lot) Account Balance change: $ 10,000 to $ 6.5 thousand
★ spread = 5 backtest results (compound mode: 20 times) Account balance change: $ 10,000 to $ 485.3 million
★ spread = 10 backtest results (compound mode: 20 times) Account balance change: $ 10,000 to $ 314.7 million
★ spread = 5 backtest results (compound mode: 10 times) Account balance change: $ 10,000 to $ 1,768 thousand
★ spread = 10 backtest results (compound interest mode: 10 times) Account balance change: $ 10,000 to $ 547,000
■■■ Parameter setting ■■■
"Compound interest function" "leverage [double]" "lot number"
Please set up after carefully considering the risk.
★ Compound Interest Default: false
False: Single interest mode
True: compound interest mode
★ "Leverage [Double]" Default: 10
(This parameter is ignored when the compound interest function is set to false.)
It is a setting of how many times the amount of money to hold the position to the account balance.
Check the upper limit of leverage for each broker, and take into consideration the risk.
The number of lots is calculated by the following formula.
[Compound interest lot formula]
Lot number = Account balance 価 格 Price per lot × Leverage
It is recommended to check in advance by back test whether the set value will result in the expected number of lots.
★ "Number of Lots" Default: 1
(This parameter is ignored when the compound interest function is set to true.)
It is specification of the number of lots.
★ "Allowable spread number [point]" Default: 20
Specifies the allowable spread at entry time.
If the specified spread is exceeded, no entry will be made.
The unit is point.
A point is the smallest variation of the offer rate displayed by each broker.
For example, if the offer rate of EUR / USD is 1.17821USD, the display will be up to 5 decimal places, so $ 0.00001 = 1 point.
★ Allowable slippage number [point] Default: 10
Specification of acceptable slippage.
The unit is point.
For the point, please refer to the explanation of "the allowable number of spreads".
★ "Boost" Default: true
Conventional EA "stage" This setting increases the number of transactions for .
Set to true to increase the number of transactions.
When set to false Conventional EA "stage" - Trade the same as .
★ "Magic Number 1" Default: 350647176
★ "Magic Number 2" Default: 350647177
It is an identification number of EA. It is necessary to set two for the convenience of the program.
Since this is a number to identify other EAs, please enter an integer that does not overlap with the magic numbers of other EAs.
Even when running multiple EAs in the same account, it is necessary to change the magic number for each.
You need to set different values for magic numbers 1 and 2 as well.
If you are not running another EA, you do not need to change the number as it is by default.
★ "Time filter" (as of version 2) Default: 1/0000/0200; 5/2200/2400; 6/0000/2400; 0/0000/2400;
Stop trading for a specified period. If you have a position will be forced settlement.
The time specification must be specified in the broker's server time. (It is the time displayed on the chart of MT4)
The default value is set to close on weekends based on GMT + 2 / + 3.
If you use other GMT-based brokers, please change the value according to each GMT-based one.
The specific way to specify a time filter is as follows.
Sales from
:
09/17/2018 03:10
Purchased
:
55
times
Price: $167.27 (taxed)
￥26,800(taxed)
Provider/Distributor:
Sales site:
GogoJungle
●Payment
Forward Test
Back Test
Sales from : 09/17/2018 03:10
Purchased
:
55
times
Price: $167.27 (taxed)
￥26,800(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