Financial business operator Kanto Finance Bureau Director (Financial) No.1960/Member Association Japan Investment Advisers Association Member Number 012-02324

FOREX RANGE FREAK AUDJPY

FOREX RANGE FREAK AUDJPY Auto Trading
Expert Advisors
MetaTrader 4
Sales from
11/27/2018
Last Updated At
-
Version
-
My Profile
FOREX NEXT
  • Whole period
  • 2 years
  • 1 year
  • 6 months
  • 3 months
  • 1 month
Profit
-183,620JPY
Profit Factor
0.87
Rate of return risk  ?
-0.76
Average Profit
849JPY
Average Loss
-2,723JPY
Balance  ?
816,380JPY
Rate of return (all periods) ?
-34.72%
Win Rate
73.57% (1403/1907)
Maximum Position  ?
1
Maximum Drawdown  ?
44.22% (241,730JPY)
Maximum Profit
17,800JPY
Maximum Loss
-5,180JPY
Recommended Margin  ?
528,921JPY
Unrealized P/L
0JPY
Deposit  ?
1,000,000JPY
Currency
JPY- Account
Operable Brokers
Usable with MT4-adopting brokers.

Forward testing (Profit)

Product Statistics
Product Comments

Monthly Statistics

2026
2025
2024
2023
2022
  • Jan
  • Feb
  • Mar
  • Apr
  • May
  • Jun
  • Jul
  • Aug
  • Sep
  • Oct
  • Nov
  • Dec

Calendar for Months

About EA's Strategy

Translating...

Currency Pairs
[AUD/JPY]
Trading Style
[Scalping] [Day Trading]
Maximum Number Position
1
Maximum Lot
1
Chart Time Frame
M1
Maximum Stop Loss
50
Take Profit
0
Straddle Trading
No
Application Type
Metatrader Auto Trading
Other File Usages
Yes

FOREX RANGE FREAK AUDJPY

forexrangefreakaudjpytitle.png

What is FOREX RANGE FREAK AUDJPY?


This is an EA specialized for AUDJPY of the "FOREX RANGE FREAK" series, which has already been used by many traders.
The FOREX RANGE series has already been used by many traders and continues to bring profits to traders.

forexrangefreakorder.png

The list above is a part of the actual users of "FOREX RANGE".
Many of those who have purchased the FOREX RANGE series have also purchased the other currency versions and are effectively using the EAs in their portfolios.

" For more information on the difference between "FOREX RANGE" and "FOREX RANGE FREAK", please refer to the FAQ at the bottom of this page.

Features of FOREX RANGE FREAK


Increased number of entries and overall profits

We have not simply increased the number of trades, but have significantly increased the number of meaningful entries that lead to profits.
We continue to have the ability to prevent trades that are not worth the challenge, such as low returns for the risk.
Logic that can be operated with a maximum stop loss of 50 pips or even lower values

Since the stop loss is set at 50 pips by default, there is no need to worry about a bottomless swamp.
However, since most stop-losses are made before reaching 50 pips, the maximum stop-loss setting itself is a fallback function.
Optimal timing for entry and exit based on advanced technical analysis

It is now possible to shift the timing of entry points that were previously considered to be "here" according to technical analysis.
Conversely, we now try to enter based on technical analysis at entry points that we had previously avoided.
The FOREX RANGE FREAK methodology is no longer difficult to implement in discretionary trading, and all entries and exits are very sensitive.

Common features of FOREX RANGE series


forexrangefreakaudjpychart.png

Responds to range and trend markets

FOREX RANGE is a scalping EA that shows great power in a "range market" using the 1-minute time frame,
However, even in a "trending market", it is possible to accumulate small profits, making it an efficient system for trading.
You don't have to wait for a long period of time until a market you are good at comes, so you don't have to worry about whether or not to trade.
Lean entries with few consecutive losses

One of the characteristics of this system is that there are few consecutive losses because entries are made after careful selection of the opportunities that come up many times a day.
Fewer consecutive losses means that the abundance of money management options allows us to make bolder trades.
Being able to predict after a loss what you will win next time is an important advantage when trading.
Extensive fund management

It is no exaggeration to say that forex begins and ends with money management.
FOREX RANGE has a high winning rate and a proven track record of steady growth, which means you can trade bullishly.
Combine this with the abundance of money management options available with foreign firms, and you can also aim for excellent returns in a short period of time.
It is up to you to decide whether you want to use FOREX RANGE as a sound investment or a challenging speculation.
Experience-Based Methods

It is not a method that simply relies on technical data, but a method with a solid foundation based on solid experience.
A winning EA is always one that makes use of the wisdom of predecessors in the past and is not influenced by trendy methods.
Trends go out of style, but FOREX RANGE's methods are based on years of experience and will never go out of style.
Parameters that do not require troublesome settings


forexrangefreakaudjpyparameter.png

I believe that too many parameters will only confuse and unsettle the user.
It is difficult for users to understand everything when they set a large number of parameters while checking the manual,
They have to keep asking themselves whether this combination is really the best one.
FOREX RANGE does not need to worry about this, and I can use it as I think it is best.
All I ask and leave to you is money management. Leave everything else to the EA.

entry



The basic method is not simply contrarian, timing based solely on oversold or overbought information,
The basic method is not simply contrarian timing based on information on oversold or overbought prices, but rather it is a step-by-step determination of whether the current divergence is suitable for entry based on the calculation of volatility.
In a situation where the market is moving largely according to fundamentals and in a quiet market where there is nothing to judge,
What we judge as oversold and what we judge as overbought is very different.
By comparing past and current volatility, we were able to improve the quality of our entries even in similar situations.

Judgments of oversold and overbought conditions vary greatly depending on the currency pair.
For example, there are many situations where a big price move for EURUSD is not a big deal for other currencies.
If you enter the market in other currencies based on the same volatility calculation as EURUSD, you may get stuck,
In order to prevent this, we have improved the quality of our entries by trying to develop a strategy that fits the volatility of each currency.

Although there are markets that are similar to the past, there are no markets that are exactly the same.
We believe that it is a natural process for the timing of entry to change according to the ever-changing market conditions.

exit



In FOREX RANGE, we designed the EA to find the optimal exit point to make gains and losses.
We believe that it is our responsibility as a seller to provide a solid stop loss.
In addition, FOREX RANGE believes that stop-losses should be made at a time when unrealized losses are as low as possible.

Based on volatility calculations, we will make reasonable stop-losses after calculating how much room there is for reversals to return and other factors.
However, we achieve an exquisite loss/gain balance to ensure that we do not misjudge the timing of exits.
A freely settable stop loss is provided to deal with other sudden reversals, mainly fundamental.
The default setting for FOREX RANGE FREAK is 50 pips, but even narrower values can be used.

forexrangefreakaudjpy15pips.gif

The above is an asset curve over a period of about 10 years, assuming operation on OANDA'sTokyo server and a stop loss of 15 pips.
For back-test results assuming other environments, please try them yourself after purchasing the product.

parameter


(data) item
Parameter Name (default value) - Description of the parameter

Magic Number (66666) - enter a number different from other EAs
Lots(0.1) - the number of lots to trade
StopLoss(50) - Pips to stop loss allowed
MaxSpread(2.0) - maximum pips of spread allowed
Slippage(1.0) - maximum pips of slippage allowed
MoneyManagement(false) - setting this to true enables the money management feature
BaseBalance(10000) - for every "10000" increase in account balance, the trading volume is increased by "100
BaseLots(100) - for every "10000" increase in account balance, the transaction volume will be increased by "100
Martingale(false) - if set to true, the martingale feature will be enabled
LotMulitplier(1.3) - if the last trade ended in a loss, the number of lots for the next trade will be multiplied by "1.3

option


martingale

Depending on your preference, you can use low-risk martingales such as 1.1x or 1.2x.
If you do not want to increase the risk of consecutive losses, you can reduce the number of lots by 0.9x, 0.8x, and so on for each losing trade.
This is a method that has produced beautiful steady results even without the use of options, so you can use it according to your preference.
We did not use any kind of martingale in our discretionary trading, but we have adopted it to increase our financial efficiency.
Please be assured that the results published in the forward test do not include martingales.

LotMulitplier 1.3

forexrangefreakaudjpymartingale1.gif

LotMulitplier 0.7

forexrangefreakaudjpymartingale2.gif

For example, if you think the market is trending, you can use 0.7, if you think the market is ranging, you can use 1.3, and so on.
If you are not interested in the martingale, please leave the default settings as they are.
money management

You can improve your capital efficiency by using the highly flexible money management function.
Users can use the function that automatically adjusts lots according to the current account funds, leaving risk adjustment to the EA,
Users can also enjoy watching their funds increase and the number of lots gradually increase without leaving the EA unattended.
Please be assured that the results published in the forward test do not include money management.

MoneyManagement true

forexrangefreakaudjpymoneymanagement1.gif

To use the money management feature without a thorough confirmation in the back test is,
It is very dangerous to use the money management function without a thorough back-test, as it may lead to the entry of unexpectedly large positions.
When using MoneyManagement and Martingale together, please make sure that you have sufficient funds available.

Background of Production



Initially, the production of the system was not for the purpose of sales, but because we wanted objective verification data to improve the method.
When we looked at the verification results of the completed system after spending a lot of time on it, we realized once again that it was a rational method.
I believe this is due to the fact that I have steadily reflected the knowledge and experience I have gained through years of trading in my methods.
Furthermore, by converting to an EA, complex calculations became possible, so there were fewer wasteful entries than when I was trading discretionary.

Basically, we leave the system alone, and when we check it from time to time, we find that it is profitable.
We hope you will use this system as one of your solid asset management strategies.

Post-purchase support



The system does not require any complicated settings or special indicators, making it easy to use even for those inexperienced in system trading.
The manual is also concise and easy to understand for anyone with any experience.
In the unlikely event that you do not understand it, we have a system in place that allows you to contact us directly by e-mail.
Our email address is on the last page of the manual, so please contact us with your ID in the subject line.

Frequently Asked Questions


What is the difference between "FOREX RANGE" and "FOREX RANGE FREAK"?

FOREX RANGE" is an EA based on my experience in discretionary trading, whereas "FOREX RANGE FREAK" is an EA based on experience plus rational adjustments based on advanced technical analysis,
FOREX RANGE FREAK" is an EA with rational adjustments based on experience and advanced technical analysis.
Should I use "FOREX RANGE" or "FOREX RANGE FREAK"?

The basic logic is the same for both.
If you want to use my know-how of discretionary trading as it is, please use "FOREX RANGE" which is sold by another company,
If you want to use an EA that combines advanced technical analysis, please use "FOREX RANGE FREAK".
The original "FOREX RANGE" has a great appeal in that the logic itself is complete and stable,
However, "FREAK" may be recommended for those who like to watch the EA trade frequently and those who are looking forward to future enhancements.
Which vendors can I use FOREX RANGE FREAK with?

Basically, any vendor that can use MT4 and EA can be used.
Since v1.02 or later, you do not need to enter GMT, so please use a GMT+2 or +3 vendor.
We also provide prompt support after purchase, so please contact us directly via email rather than the community if you encounter any problems.
About FOREX NEXT

Currently, we are developing our methods and EAs mainly overseas, exchanging ideas with friends, staff, and intellectuals.
We have received advice after disclosing some of them to the public because we want to produce a good one first rather than prevent the logic from leaking out.
Please refrain from directly contacting any of our offices, including brokerage firms.

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precautions


  • Please be sure to confirm the operation by back-testing before operating in a real account.
  • Please make sure to operate the fund in a reasonable manner with a comfortable setting.
  • EA's results are indicative of past performance and are not a guarantee of future profits.
Sales from :  11/27/2018 01:06
Purchased :  10 times

Price: $124.47 (taxed)

¥19,800(taxed)

Provider/Distributor:
Sales site:

Payment

Master VISA JCB
Forward Test
Back Test

Sales from :  11/27/2018 01:06
Purchased :  10 times

Price: $124.47 (taxed)

¥19,800(taxed)

Provider/Distributor:
Sales site:

Payment

Master VISA JCB
About Forex Automated Trading
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.
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)

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.
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.
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.
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.
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 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
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.
・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)