EA_Blizzard
Expert Advisors
MetaTrader 4
Sales from
1/10/2019
Last Updated At
8/15/2019
Version
12
My Profile
ねこ博士- Whole period
- 2 years
- 1 year
- 6 months
- 3 months
- 1 month
Profit
:
755,496JPYProfit Factor
:
1.44Rate of return risk
?
:
1.91Average Profit
:
594JPYAverage Loss
:
-674JPYBalance
?
:
1,755,496JPYRate of return (all periods) ?
:
67.78%Win Rate
:
61.98%
(4629/7468)
Maximum Position
?
:
24Maximum Drawdown
?
:
33.83%
(394,640JPY)
Maximum Profit
:
23,925JPYMaximum Loss
:
-20,486JPYRecommended Margin
?
:
1,114,550JPYUnrealized P/L
:
-11,212JPYDeposit
?
:
1,000,000JPYCurrency
:
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/CAD]
Trading Style
[Scalping]
Maximum Number Position
30
Maximum Lot
10
Chart Time Frame
M5
Maximum Stop Loss
0
Take Profit
50
Straddle Trading
No
Application Type
Metatrader Auto Trading
Other File Usages
No
~EA_Blizzard~.
This EA is a high-frequency swing trading EA.
This EA is an undefeated EA (Nanpin Martingale EA).
By repeating the gains steadily
As shown in the back test.
From 2005 to 2018.
It has maintained undefeated status without any drawdowns.
Trading Style
The trading style of this EA is "Nan-Pin" type.
The first entry is 0.01 lot, and from there, the trader aims for a profit of +50 pips.
The first entry is 0.01 lot, and from there, the trader aims for a profit of +50 pips.
If the price moves in the opposite direction of the entry, the EA will change the lot to 0.01 lot.
If the price moves in the opposite direction of the entry, we increase the lot by 0.01 lot.
If the price moves in the opposite direction of your entry, you will open an additional position with 0.02 lots (a "nan-pin entry").
Then, if necessary, the additional positions are added, and the total profit/loss of all the positions is calculated as follows.
The total profit/loss of all positions will always be
The total profit/loss of all positions is always "+50 pips".
In many EAs, the "very narrow TP value" is often used.
Many EAs have a very narrow TP value.
In this EA, the TP value is "+50 pips" at all times.
However, this EA has a TP value of +50 pips, so the profit margin is relatively wide.
However, this EA has a TP value of "+50 pips", so it is possible to obtain profit in a relatively "wide price range".
This EA is a very rare type of EA that can aim for high profit even though it is a nanpin type.
This is a very rare type of EA.
The maximum number of positions is
The maximum number of positions is set by default.
The default setting is
The default setting is "maximum 30 positions".
0.01Lot
0.02Lot
....
0.3Lot
This means that you may hold a total of "4.65Lot" positions (if you think this is too large, please contact us).
(If you think this lot is too large, please see
(If you think this lot is too large, please refer to the following
Other methods of operation (low-risk operation)
(If this lot size is too large, you may want to use the
max_position=20" or "max_position=10
The total number of lots will be
The total lot size will be reduced to "2.1Lot" or "0.55Lot".
If you have a small amount of money, this "low-risk setting" is recommended.
(I think this is recommended for those who have a small amount of money.)
In addition, if you use the "Micro Account" as explained below, you can operate with even less money.
(If you use the "Micro Account" as explained below, you can operate with even less money.
The maximum loss is
In this EA, "$5,000" is set as the maximum loss by default.
However, it is not common to have unrealized losses of up to that amount.
However, it is not common to have unrealized losses of up to that amount.
Also, this maximum loss value can be changed as needed, so you can use this EA with a maximum loss value that is appropriate for your assets.
(Also, please refer to the "Micro-Loss Limit" below).
(Also, if you use the "Micro Account" described below, you can set the maximum stop-loss amount to as low as $1/100 ($5,000).
(Also, if you use the "Micro Account" described below, you can reduce the maximum stop loss to 1/100 of $5,000 (=approximately $5,000).
Micro account
This EA is a "Nan-Pin System" and is designed for those who have relatively large assets.
This EA is designed for those with relatively large assets.
However, by using a "Micro Account", it is also possible to "operate with low assets".
However, by using a "Micro Account", it is also possible to operate with low assets.
＜What is a micro account? ＞Micro account
In a normal FX account, 0.1 lot = 10,000 currencies.
In a micro account, 0.1 lot = 100 currencies.
In other words, compared to a normal account
In other words, you can operate EAs with 1/100 of the amount of money you would use in a regular account.
(In other words, it is an account that allows you to operate EAs with 1/100th of the amount of money compared to a regular account.)
This means that, for example, in the case of this EA
The maximum loss of "$5,000" will be reduced to
(Of course, the profit will be reduced as well.
(Of course, the profit will be reduced to 1/100, so please keep that in mind.)
Therefore, you can start with the micro account.
If you are doing well, you can move to a regular account.
If you are satisfied with the results, you can move to a regular account.
Logic
The logic of this EA is
IMA
RSI
RSI, and Stochastic
This EA's logic is a composite logic that utilizes three indicators: IMA, RSI, and Stochastic.
Although all indicators are simple, they are universal.
However, because of their universality, they will continue to function easily in the future.
We believe that this logic will continue to work well in the future.
We believe that the logic will continue to work in the future.
Regarding the spread
For the operation of this EA, we recommend
We recommend a firm with a low AUD/CAD spread.
The back test was conducted with a spread of 3 pips.
We believe that a low spread of 1.5 to 2.8 pips will improve the performance of the EA.
We believe that the performance will be better if the spread is low, around 1.5 to 2.8 pips.
(*We have tested spreads of up to 4 pips.
(*We have survived the period from 2005 to 2018 without any drawdowns.
However, if the spread is more than 5 pips, it will be very difficult.
We recommend that you use SpreadLimit=4.0 or less.)
<実際のエントリーの様子>
The above image shows the actual entry.
(Incidentally, it is displayed in the "one-hour time frame.")
This EA is designed for high frequency, or should we say
This EA is designed to make entries almost every day.
(This is the case with the "Nanpin EA").
(I think this can be said to be a feature unique to the Nanpin EA.)
For "buy only" or "sell only" use, please contact us.
I would like to operate in the "buy only" or "sell only" mode due to swap.
We understand that some of you may want to operate in the "buy only" or "sell only" mode.
We are sure that there are those who would like to operate in a "buy only" or "sell only" mode in relation to the swap.
Even in such a case, this EA can be used for
Buy only
Sell only
You can use this EA with any of the following settings.
In such a case, the performance of the EA will be as follows
The performance of the EA in this case is as follows
<1. In the case of "buy only" (spread 30)
＜2. In the case of "sell only" (spread 30)
For other operation methods (low-risk operation)
In this EA, the following is the minimum amount of money that can be invested.
MaxLose=5000(USD)
Maximum number of positions to buy = 30
Maximum number of positions to sell = 30
The default settings are as follows.
If you have a small amount of money, you can adjust the above values to
If you have a small amount of money, you can adjust the above values to operate with lower risk (i.e., smaller maximum drawdown).
For example
MaxLose=2500 (USD)
Maximum number of positions to buy = 20
Maximum number of positions to sell = 20
The following are the results of the back test.
＜Backtest result with "MaxLose=2500, Max Positions=20".
As described above.
MaxLose=2500(USD)
MaxBuyPositions=20
Maximum number of positions to sell = 20
You can see that we have not had a single drawdown in the past even with
I think you can see that we have never had a drawdown in the past.
By the way
The amount of money required for the above setup is
As an example, in the case of a regular account with 200x leverage
Maximum DD = 250,000 yen
Margin requirement for a maximum of 20 positions = approx. 75,000 yen
So, if you have an asset of "about 500,000-600,000 yen", you would need
If you have assets of about 500,000-600,000 yen
If you have assets of "about 500,000-600,000 yen", you will be able to operate the system.
(If you have a micro account, you can operate with even less money.)
By adjusting the parameters in this way, you can make the operation with "lower risk settings".
We recommend that you back-test and optimize your account after purchase.
After you purchase the product, you can back-test and optimize your account to find the best settings for your needs.
We hope that you will try to find the best operating settings for yourself through back-testing and optimization testing after purchase.
<(3)Further low-budget and low-risk investment methods
We have found a "method of operation with an even lower budget and lower risk" as we were verifying it through back testing.
We have found an even more low-budget and low-risk method of operation, and we would like to introduce it to you.
We would like to introduce it to you.
With the default settings
SL=5000
buy_max_position=30
sell_max_position=30
posi_tuika_pips=4
but this can be changed to
SL=1500
buy_max_position=10
sell_max_position=10
posi_tuika_pips=10
the following profit condition will be obtained.
For the above operating styles, the
Maximum SL 500,000 yen ⇒ 150,000 yen
Maximum lot size 4.65Lot ⇒ "0.55Lot
This means that you can use a lower budget and lower risk than with the default settings.
This means that you can operate with a lower budget and lower risk than with the default settings.
Basically, the maximum number of positions can be set to "a smaller value".
If you change the maximum number of positions to a smaller value
If you change the maximum number of positions to a "smaller value," you should widen the interval of the number of positions to that amount.
This will help to balance the lot size.
For example, if you set posi_tuika_pips=10 (default is 4), you can adjust the value as shown above.
As shown above, by adjusting posi_tuika_pips=10 (default is 4), the system will operate without drawdowns.
This will allow the system to operate without drawdowns.
(For details on how to fine-tune the parameters, please contact us.
(For fine tuning of parameters, please contact us after purchase.
Please check the parameters after purchase by back-testing and optimization testing.)
As described above
As described above, "You can expect your money to increase steadily with high probability, while taking advantage of the high entry frequency.
I think that the feature of this EA is that "while taking advantage of the high frequency of entries, you can expect a high probability of steady increase in your funds.
(This does not mean that you will never lose.
(Please note that this does not mean that you will never lose.
(Please note that this does not mean that you will never lose money.)
Last but not least, this EA is "very hard to lose".
Last but not least, this EA is an "EA that is very hard to lose", but it is not an EA that guarantees "100% loss-proof".
However, it is not an EA that guarantees "100% loss", so we recommend you to start with back-testing and demo operation.
Therefore, we recommend that you start with back-testing and demo operation to fully understand how it works.
We recommend that you start with back-testing and demo operation to fully grasp the operation.
We recommend that you start with back-testing and demo operation to get a good grasp of how it works before starting real operation.
In addition, as mentioned above, please do not consider using a "micro account" that can be operated with low risk.
Please also consider using a "micro account", which can be operated from a low-risk position as mentioned above.
Please refer to the following blog for reference information on how to operate this EA.
Please refer to the following blog for reference information on how to operate this EA.
Please refer to the following blog for reference information on how to operate this EA.
(List of articles on EA_blizzard's performance, etc.)
http://eaneko299.blog.fc2.com/blog-category-25.html
Dr. Cat
The above image shows the actual entry.
(Incidentally, it is displayed in the "one-hour time frame.")
This EA is designed for high frequency, or should we say
This EA is designed to make entries almost every day.
(This is the case with the "Nanpin EA").
(I think this can be said to be a feature unique to the Nanpin EA.)
For "buy only" or "sell only" use, please contact us.
I would like to operate in the "buy only" or "sell only" mode due to swap.
We understand that some of you may want to operate in the "buy only" or "sell only" mode.
We are sure that there are those who would like to operate in a "buy only" or "sell only" mode in relation to the swap.
Even in such a case, this EA can be used for
Buy only
Sell only
You can use this EA with any of the following settings.
In such a case, the performance of the EA will be as follows
The performance of the EA in this case is as follows
<1. In the case of "buy only" (spread 30)
＜2. In the case of "sell only" (spread 30)
For other operation methods (low-risk operation)
In this EA, the following is the minimum amount of money that can be invested.
MaxLose=5000(USD)
Maximum number of positions to buy = 30
Maximum number of positions to sell = 30
The default settings are as follows.
If you have a small amount of money, you can adjust the above values to
If you have a small amount of money, you can adjust the above values to operate with lower risk (i.e., smaller maximum drawdown).
For example
MaxLose=2500 (USD)
Maximum number of positions to buy = 20
Maximum number of positions to sell = 20
The following are the results of the back test.
＜Backtest result with "MaxLose=2500, Max Positions=20".
As described above.
MaxLose=2500(USD)
MaxBuyPositions=20
Maximum number of positions to sell = 20
You can see that we have not had a single drawdown in the past even with
I think you can see that we have never had a drawdown in the past.
By the way
The amount of money required for the above setup is
As an example, in the case of a regular account with 200x leverage
Maximum DD = 250,000 yen
Margin requirement for a maximum of 20 positions = approx. 75,000 yen
So, if you have an asset of "about 500,000-600,000 yen", you would need
If you have assets of about 500,000-600,000 yen
If you have assets of "about 500,000-600,000 yen", you will be able to operate the system.
(If you have a micro account, you can operate with even less money.)
By adjusting the parameters in this way, you can make the operation with "lower risk settings".
We recommend that you back-test and optimize your account after purchase.
After you purchase the product, you can back-test and optimize your account to find the best settings for your needs.
We hope that you will try to find the best operating settings for yourself through back-testing and optimization testing after purchase.
<(3)Further low-budget and low-risk investment methods
We have found a "method of operation with an even lower budget and lower risk" as we were verifying it through back testing.
We have found an even more low-budget and low-risk method of operation, and we would like to introduce it to you.
We would like to introduce it to you.
With the default settings
SL=5000
buy_max_position=30
sell_max_position=30
posi_tuika_pips=4
but this can be changed to
SL=1500
buy_max_position=10
sell_max_position=10
posi_tuika_pips=10
the following profit condition will be obtained.
For the above operating styles, the
Maximum SL 500,000 yen ⇒ 150,000 yen
Maximum lot size 4.65Lot ⇒ "0.55Lot
This means that you can use a lower budget and lower risk than with the default settings.
This means that you can operate with a lower budget and lower risk than with the default settings.
Basically, the maximum number of positions can be set to "a smaller value".
If you change the maximum number of positions to a smaller value
If you change the maximum number of positions to a "smaller value," you should widen the interval of the number of positions to that amount.
This will help to balance the lot size.
For example, if you set posi_tuika_pips=10 (default is 4), you can adjust the value as shown above.
As shown above, by adjusting posi_tuika_pips=10 (default is 4), the system will operate without drawdowns.
This will allow the system to operate without drawdowns.
(For details on how to fine-tune the parameters, please contact us.
(For fine tuning of parameters, please contact us after purchase.
Please check the parameters after purchase by back-testing and optimization testing.)
As described above
As described above, "You can expect your money to increase steadily with high probability, while taking advantage of the high entry frequency.
I think that the feature of this EA is that "while taking advantage of the high frequency of entries, you can expect a high probability of steady increase in your funds.
(This does not mean that you will never lose.
(Please note that this does not mean that you will never lose.
(Please note that this does not mean that you will never lose money.)
Last but not least, this EA is "very hard to lose".
Last but not least, this EA is an "EA that is very hard to lose", but it is not an EA that guarantees "100% loss-proof".
However, it is not an EA that guarantees "100% loss", so we recommend you to start with back-testing and demo operation.
Therefore, we recommend that you start with back-testing and demo operation to fully understand how it works.
We recommend that you start with back-testing and demo operation to fully grasp the operation.
We recommend that you start with back-testing and demo operation to get a good grasp of how it works before starting real operation.
In addition, as mentioned above, please do not consider using a "micro account" that can be operated with low risk.
Please also consider using a "micro account", which can be operated from a low-risk position as mentioned above.
Please refer to the following blog for reference information on how to operate this EA.
Please refer to the following blog for reference information on how to operate this EA.
Please refer to the following blog for reference information on how to operate this EA.
(List of articles on EA_blizzard's performance, etc.)
http://eaneko299.blog.fc2.com/blog-category-25.html
Dr. Cat Sales from
:
01/10/2019 21:25
Purchased
:
246
times
Price: $156.05 (taxed)
￥25,000(taxed)
Provider/Distributor:
Sales site:
GogoJungle
●Payment
Forward Test
Back Test
Sales from : 01/10/2019 21:25
Purchased
:
246
times
Price: $156.05 (taxed)
￥25,000(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