It's high time.

The best moments for you. Introducing EA "High Time".

Introduction

We provide various information about EA in our blog.

If you have any questions or concerns, please visit the following web page.

https://hannah-fx.com/

2019/4/7 postscripts:

The Tetra mode with multipositioning and more stability has been implemented. Please see here for more information on Tetra mode.

The bottom of the EA parameter If you set Multiposition Mode (Tetra Mode) to true, you will be operating in Tetra mode. The default is false.

There are more points to pay attention than single position in terms of cash management, but the market ability to deal with the market is overwhelmingly superior in the multiposition version and in Tetra mode We recommend the operation of

Features

Logic

Design with as little optimization as possible

FX has various indicators such as MACD, stochastics and Bollinger band.

However, the more parameters you use when creating an EA, the more over-optimization of past data will cause problems with future market conditions.

Therefore, High Time has an extremely simple design that makes entries by referring only to multiple moving average lines.

Since the decision is made when the opening price for one hour is determined, stable performance can be expected with little difference in performance by brokers.

Efficient entry with both order and reverse tension

If long-term and strong trends occur, we will be ordered, and if we receive over-sold short-term signs and over-sold signs, we will put up against the trend.

1 successful trade Here is an example. While gaining confidence one after another according to a strong uptrend, it is not forgotten that it will be detected that it has been bought too much and it will make the strike-back successful.

Proofing logic uses trailing stops to maximize profit.

The average number of transactions per year is 320 times a year, and it is calculated to enter about once a day. As a day trade EA, we will trade relatively frequently and continue to make profits steadily.

Low-risk operation with limited loss prices

High Time is basically a loss that reaches the stop loss except in case of over-assignment from the viewpoint of preventing overfitting mentioned above.

However, since the stop loss width is internally set between 30 and 50 pips at the time of entry, the loss per transaction is limited.

In addition, the single position design makes it difficult for large drawdowns to occur, making it a specification that can be used with confidence. We do not use any dangerous methods such as Namping or Martingale where a single drawdown can be fatal.

To avoid possible political and economic events on the weekend, positions will not be carried over the next week and will be settled before the market closes.

Adverse effects

On the other hand, the above advantages Unfortunately there is a shortcoming with this EA too.

Not suitable for short-term operation / high leverage operation

The High Time profit / loss ratio (average profit / average loss) is 97.3% and the win rate is 58.3%. You lose 2 trades every 5 trades.

This is a measure to reduce the maximum loss per transaction and enable long-term, high-value operation, but it may cause losses on a monthly basis.

It is an EA that is not suitable for operations where high leverage is used to multiply funds in a short period of time.

Achievements

Back test

The back test result from January 2005 to September 2018 is shown.

Single income operation

Spread 1.0 pips, 1.0 lot (100,000 currency) single interest operation It is a grade. It draws a steady upward trend. The initial required margin of $ 5,250 (in the case of 25 times of leverage), net profit of about 222,000 $, about 42 times is obtained in 13 years and 9 months.

The profit factor (total profit / total loss) is 1.36 and the maximum drawdown is $ 7,963. The recovery factor (Net profit / Maximum drawdown) is 27.9, an average of 2.03 a year, which results in high profits with less loss.

The annual and monthly earnings table. Although there is a month of loss, the frequency is kept low at around 20%, and we can secure profits when viewed on a yearly basis.

Also, the logic of High Time is calculated based on the historical data up to 2017, but it has been performing well since the beginning of 2018. This also suggests that the EA strategy can be applied to the future.

Compound operation

The spread 1.0 pips, it is the result at the time of compounding operation with double leverage . We have modestly held down on the assumption of realistic operation, but we can still expect 28 times less than 14 years and 1.28 times return per year.

It is also attractive that the relative drawdown that is important in compound interest management is as low as 10.9%.

Forward testing

Developer himself by 2018 11 We have published a forward test from the moon. OANDA Japan, NY v-20 server, it is a performance transition with a fixed 0.01 lot.

We operate multiple EAs in the same account. Therefore, please fly to myfxbook, which is the link destination, and check High Time in the Custom Analysis> Magic tab in the upper right, and click the Analyze button.

Parameter Items

List of parameter items used in High Time.

Please be sure to check back-testing etc. before the actual operation about items related to the entry, especially lot number, compound interest setting etc.

Field name	Default value	Description
MagicNumber	808008	This is a magic number used in High Time. If you use multiple EAs in the same account, be sure to set non-overlapping values.
Slippage and Spread		The following are the slip filter settings for the spread.
Max Slippage (pips)	1.5	This is a slippage filter. The unit is pips. If the slippage is larger than the set value, no entry is made.
Max Spread (pips)	1.5	This is a spread filter. The unit is pips. If the spread is larger than the set value, no entry will be made.
Lot Size		The following settings for lot size.
Lot for simple interest		This is the number of lots for single interest operation. 1.0 lot = 100,000 currency units. It is not referenced during compounding operations.
Max Lot Size	1.0	The maximum value of the operation lot. If single and compound interest set lots are greater than this value, they will be automatically adjusted to the set values.
MM	false	This is the setting whether to use compound interest operation. It will be compound interest operation with true, single interest operation with false.
MM balance mode	false	This is the setting for the type of funds used for compound interest management. The compound balance is calculated based on the account balance with true and the surplus margin with false. It is not referenced during single interest operation.
MM percent (%)	5	The percentage of leverage when operating compound interest. For example, if the setting value is 5 (%), if the account is leveraged 25 times, 25x0.05 = 1.25 times, and if it is 200 times account, 200x0.05 = 10 times leveraged. It is not referenced during single interest operation.
GMT	-	The settings for GMT (standard time) are as follows.
AutoGMT	true	This function calculates the standard time of the broker automatically. Since it is not referenced during back testing, set the daylight savings time of the broker according to the historical data in the same item.
SummerTime		The following is the setting for daylight savings time.
Summer Time Type	NY	The daylight savings time format for the broker. Not Summer Time: No daylight saving time, London: English, N. Y .: American summer time. Please select N.Y. for GMT + 2 / + 3 broker.
Summer GMT Offset	3	GMT for the broker's daylight savings time. Select 3 for a GMT + 2 / + 3 broker.
Winter GMT Offset	2	GMT for the broker's winter time. Select 2 for a GMT + 2 / + 3 broker
TimeFilter	-	Following entries, filter settings for settlement time is. The entry is not made from December 24th, which is the year-end / end of the year, to 24:00 (based on broker standard time), from December 24th.
Stats and Weekend Filter	false	This is a function to limit weekend entries. If true, the entry after the specified time on Friday will be restricted, and if the position is held, it will be settled at the same time. If false, we will settle the position one hour before the market closing on the weekend.
Halt trade on Friday from (LocalTime)		Restrict entries after Friday's configured time, based on local time Therefore, please note that if the setup time of the local PC is incorrect, it will not function properly.If the weekend filter is false, it will not be referenced.
Comment on Chart	High Time	Operating High Time Write a comment on the chart.
Comment on Order	High Time	Comments on the order that High Time ordered.

FAQ

Q1. Are there any limitations on operational brokers?

A1. This EA basically works with any MT4-enabled broker, but we recommend the GMT + 2 / + 3 broker because of the logic, etc. Others In the case of a broker with standard time adoption, there is a possibility that the entry will be flawed and the original performance may not be realized. For the recruitment standard time, please refer to the various broker's web pages.

Q2. Are there any recommended production lots?

A2. The amount of investment or Although there is individual variation in the investment stance, we can not generally say, but from the viewpoint of risk management, we recommend the lot setting assuming the maximum loss amount. The following is the method I take when setting up lots individually, but it would be very fortunate if it would be helpful to you.

The maximum drawdown for this EA single interest backtest is $ 7,963 per 1.0 lot. For simplicity, a drawdown of $ 8,000 per 1.0 lot may be possible in the future.

If the maximum allowable loss amount is 250% of 25% of the $ 1,000 fund (about 110,000 yen at the currency rate as of November 2018), it can be operated based on the above drawdown The amount is 0.03 lots, triple the leverage.

Q3. There was an entry or payment that was different from the forward test.

A3. Although this EA is designed to make it difficult for brokers to make a difference in the entry of logic by design. Because there are different conditions such as delivery charts, spreads, slippages, etc. for each broker, there is a scene where a difference in operating results will be created. Thank you for your patience.

Learn more about this EA's performance on OANDA Japan NY server here - You can refer to. If the grade used is not very different from that of the broker used, you will be happy to consider migrating the broker.

Q4. We may go back to the direction of loss immediately after entry, and we can not find the superiority of the entry.

A4. We apologize for the concern. We will refrain from detailed mentions due to problems related to the basis of logic, but this EA will make an entry when "it is likely to move in a certain direction within a certain period of time".

Therefore, there may be a temporary loss of capital, or a loss if the chart is shifted due to fundamental factors. We hope that you will understand.

Q5. I want to change the values ​​for Take Profit, Stop Loss, Trailing Stop, etc. Also, please add the ability to restrict entries by date and time.

A5. Thank you very much for your valuable feedback.

As for this EA, the Take Profit and Stop Loss values ​​are closely related to the logic from the early stages of design, so if they are retrofitted, over optimization to the past data is possible. I think that there is a risk of happening and future performance.

Also, although there may be a restriction on the date and time to operate like early morning scalping type EA, this EA is adjusted to be effective 24 hours a day, so it is a time restriction Leads to a loss of opportunity for entry and thus a reduction in the expected gain. Therefore, the default value for the weekend filter is also false.

That's why I'm sorry, but at the moment there are no plans to introduce an element that can make these changes. Your comments will be used as a reference for future EA production.

In addition, we also provide various information about EA in our blog. Please have a look once.

https://hannah-fx.com/