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

Multi Early Morning

Multi Early Morning Auto Trading
Expert Advisors
MetaTrader 4
Sales from
1/31/2019
Last Updated At
9/18/2019
Version
2
My Profile
JAM
  • Whole period
  • 2 years
  • 1 year
  • 6 months
  • 3 months
  • 1 month
Profit
-110,102JPY
Profit Factor
1.00
Rate of return risk  ?
-0.24
Average Profit
771JPY
Average Loss
-4,172JPY
Balance  ?
889,898JPY
Rate of return (all periods) ?
-7.34%
Win Rate
84.38% (3349/3969)
Maximum Position  ?
10
Maximum Drawdown  ?
25.76% (452,365JPY)
Maximum Profit
2,620JPY
Maximum Loss
-6,260JPY
Recommended Margin  ?
1,500,260JPY
Unrealized P/L
0JPY
Deposit  ?
1,000,000JPY
Currency
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
[USD/JPY]
Trading Style
[Scalping]
Maximum Number Position
10
Maximum Lot
10
Chart Time Frame
M5
Maximum Stop Loss
60
Take Profit
25
Straddle Trading
No
Application Type
Metatrader Auto Trading
Other File Usages
No
Multi_Early_Morning_3.jpg I'm not very good at promoting the EAs I've produced, and I always give the bare minimum description on the product page, but I am not very good at promoting EAs that I have produced, so I always give only the bare minimum description on the product page. By the way, I make only morning scans because morning scans can win consistently. (I am a morning scam maniac.) You may think, "Morning scam again? Let's make a winning EA, a definitive version of morning sca with many positions, high winning rate and low drawdown. We have completed the prototype version, optimized it, back-tested it, forward-tested it, designed it, and programmed it repeatedly. I finally made it. In order to make a large profit from a large number of positions, multiple indicators are used for entry. However, it is meaningless to make a large loss even if you can make a lot of money with many positions. Optimization is performed over a period of about 14 years, and back-testing is also performed for the most recent 5 years, 3 years, and This EA is the final best choice to minimize the loss. <Overview This is an M5 scalper for USD/JPY with entry in the early morning hours of Japan time. ○Multiple indicators are used and the number of positions is large. ○Trade is closed by T/P or trailing stop based on the internal logic. <Entry time> (24-hour notation) Entry time is from 3:00 to 9:00 JST.  (Entry will be made from 20:00 to 2:00 GMT+2 time.) <Parameters Magic= 30121619 Magic number Slippage = 4 Slippage MaxSpread = 5 Spread Lots = 0.1 Lots per position MaxPosition = 10 Maximum number of positions ○MMM = false Compound interest setting (true: compound interest false: simple interest) Risk = 2.0 Interest rate when compounding (%) Interest rate at compound interest (%)                Entry is made with the maximum lot that can be entered at the margin rate. Take_Profit_pips = 25 Take profit (T/P) pips               (Take_Profit_pips = 25 Take Profit (T/P) pips (with trailing stop based on internal logic) Stop_Loss_pips = -60 stop loss (S/L) pips AutoGMT setting  If UseAutoGMT = true   MT4(Server) will enter at the specified time without entering a daylight saving time type or GMT offset.  If UseAutoGMT = false, the time will be entered at the specified time without entering the MT4(Server) daylight saving time type or GMT offset.   Please enter the daylight saving time type and GMT offset.  When backtesting, please test with false. (See "Others" below). comment_01 = "-----AutoGMT Setting-----" Comment comment_02 = "true: Auto | false: Manual " Comment UseAutoGMT = true (as comment_02) comment_03 = " 0: Not SummerTime | 1 :London | 2: N.Y. " SummerTimeType = 2               When UseAutoGMT = false               MT4(Server) summer time type               "0, 1, or 2" (described in comment_03) WinterGMT_Offset = 2               When UseAutoGMT = false               Set MT4 (server) GMT offset to standard (winter) time SummerGMT_Offset = 3               When UseAutoGMT = false               SummerGMT_Offset = 3 sets MT4 (server) GMT offset to daylight saving time. Set all positions closed on weekends.  All positions are closed on the specified day of the week and at the specified time, and no entry is made for the week thereafter.  Entry will be made on Monday of the following week.  If you wish to resume entry in the same week, please reset the settings. ∙ comment_04 = "-----All Position Close Setting-----" Comment comment_05 = " Set MT4(Server) Week&Time " Comment Week_Position_Close = true true: Close all positions false: Do not close Close_Week_At_Server = 5              When Week_Position_Close = true, set the day of the week to close.              (1:Monday, 2:Tuesday, 3:Wednesday, 4:Thursday, 5:Friday, 6:Saturday)              Set the day of the week for MT4 (server).              Default is set to GMT+2 day of the week. (Japan time Saturday)              If you are a GMT+2 (standard:winter)/+3 (summer) broker, please use this setting. Close_Time_At_Server = "19:00"              Set the time to close when Week_Position_Close = true              Set the MT4 (server) time.              Default is set to GMT+2 time. (Japan time 2:00)              If you are a GMT+2(standard:winter)/+3(summer) broker, please use this time. <Others When backtesting, please set UseAutoGMT = false, set the daylight saving time type and GMT offset, and test the historical data according to these settings.  Set UseAutoGMT = false, set the daylight saving time type and GMT offset, and test the historical data according to these settings. If UseAutoGMT = true, if there is a problem with the behavior of entries, etc., set UseAutoGMT = false and test the historical data accordingly.  If UseAutoGMT = true, please set UseAutoGMT = false and use the manual settings. <Reference Comparison of Eastern European Time (GMT+2/+3) and Japan Time (GMT+9) GMT2(3)・JST.jpg <Note  If you are worried about the loss when the stop loss occurs due to the large number of positions with default parameter values, please reduce the lot size or decrease the number of positions.  If you are worried about losing money when you lose your stop loss, please reduce the lot size or the number of positions.  We recommend that you reduce the number of positions.  The system is designed to start trailing and close at the average profit of the entire position.  If you change the number of positions, the settlement rate will be different from that of the forward test.  In addition, the positions will be held and closed at different timing and rates from those of the forward test, and the results will not be reconciled with the forward test.  Please note that the forward test cannot be compared with the forward test. <Please note  In the community, we have received a message from a member of the following group  I would like to see the results of a backtest conducted under conditions other than those shown on the website.  I would like to know how much margin is required for the operation.  In the case of compound interest, I would like to know what percentage of risk (interest rate) should be set and how much margin is required.   (Calculate backwards from leverage, effective margin balance, margin requirement, etc.)  However, we cannot accept such requests because the amount of work is not commensurate with the selling price of the EA.  However, we cannot accept such requests because the amount of work required is not commensurate with the selling price of the EA.  Please refer to the following page for margin calculations.  Please refer to the following page for the calculation of margins.  Please refer to the following page.FX Margin Simulator Click here to visit ☆JAM's blog. JAM's EA Workshop Click here for ☆JAM's profile page (list of exhibits). JAM Profile Page
Sales from :  01/31/2019 03:17
Purchased :  31 times

Price: $93.62 (taxed)

¥15,000(taxed)

Provider/Distributor:
Sales site:

Payment

Master VISA JCB
Forward Test
Back Test

Sales from :  01/31/2019 03:17
Purchased :  31 times

Price: $93.62 (taxed)

¥15,000(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)