Spinning

System Overview

This system is an EA for a range market, and assumes that the market will eventually go down even if it goes up, and conversely, if it goes down, it will eventually go up. When the market is in a high price range, a short (sell) position is opened, and when the market is in a low price range, a long (buy) position is opened in the opposite direction. When the EA is set up on a chart, it will add positions, either long or short, up to the number specified by the maximum parameter "Depth" and with the price range specified by the parameter "EntryPoint.

Changes in Ver 2.10

Added parameter "TrailStart" to specify the starting position of the trail. Default values for the parameters "Pending," "Terms," and "CutTime" have been changed.

Changes in Ver 2.09 Enhanced countermeasures against sudden market changes.

Changes in Ver 2.08 Addition of the function to enter the first position as a forward position When the parameter "TrendFollow" is set to true, the function to enter the first position as a forward position is added. The second and subsequent positions will be entered in reverse. Added the ability to set an upper limit for buying and a lower limit for selling. A function has been added to set an upper buy rate limit and a lower sell rate limit for the first position. The upper buy limit rate is set by the parameter "BuyLimit" and the lower sell limit rate is set by the parameter "SellLimit". Addition of expiration date The parameter "ExpirationDate" has been added to set the expiration date for making entries. Enhanced countermeasures against sudden market changes The condition for entry has been changed and the value of the parameter "Interval" has been changed to enhance countermeasures against sudden changes in the market.

Changes in Ver 2.07 Addition of Pending Order Function The ability to specify a stop order at the time of entry has been added; from Ver 2.07, the default setting is to place a stop order. Addition of function to specify entry time A function has been added to specify (limit) the time of day when entry is to be made. Entry is restricted to the time period from OpeningTime to ClosingTime of the parameter. Change of entry conditions When CorePrice is 0 (default), the entry condition has been changed from the intermediate high and low prices to the high and low prices. Parameter adjustments to accommodate wider price movements In the parameter default settings, the number of lots was reduced from 0.1 to 0.03 and Depth was increased from 10 to 20. Addition of linkage function Added the ability to enter in conjunction with other EAs or discretionary positions. If you are holding another EA or discretionary position, you will enter the position opposite to the linked position up to the total lot of the position (it will be a double position). Changes in Ver 2.06 The function to specify the entry interval for additional positions and the notification function have been changed. Interval and Notify were added to Parameters, with Interval set to 60 by default. Trailing function One of the major features of KURUKURU is the trail function. This function allows you to take profits in large price ranges when the market moves widely, and to take profits more frequently when the market moves modestly, thus enabling you to expect higher profits. If the parameter "TrailPoint" is greater than 0, a trail is executed and no settlement limit (T/P) is set; if the parameter is 0, the settlement limit (T/P) is set to the price range specified in the parameter "EntryPoint. About Operation Depending on the market conditions, you may have to hold many positions, which may result in a large loss in the event of a stop loss or forced loss cut. Therefore, it is necessary to operate each position with a small lot size and a sufficient margin to withstand unrealized losses even if the market moves against your position. The parameter "Depth" is set to 20 by default, but by setting it to a smaller value, such as 5 at first, and gradually increasing it while observing market conditions, you can take a position in the price range where the market is moving at that time without taking a useless position even if the market goes against you significantly. You can take a position in the price range where the market is moving at the time. Parameter Setting Lots Specifies the number of lots for the position.

EntryPoint

Specify the base value in points for the price range to add a position; if TrailPoint is 0 and EntryType is 0, this price range will be the settlement limit (T/P) profit margin. EntryType Specifies how the price range is calculated when adding a position. 0 (default) means that the EntryPoint price range is used as is. If 1, the value will be calculated as EntryPoint x the number of positions; if 2, the value will be calculated as EntryPoint x the number of positions multiplied by 2. Addition Specifies whether or not the number of lots is increased when adding positions. 0 (default) means that the value of Lots is used as it is. 1 means that the value of Lots x the number of positions is used. If 1, the number of lots is Lots times the number of positions. 2, the number of lots is Lots times the number of positions multiplied by 2. StopLoss Specify the stop loss in points. The specified value is set as the stop loss limit (S/L). It is recommended to set a relatively large value to prevent immediate stop loss. Slippage Set the amount of slippage you are willing to tolerate when placing an order for a new position. If the allowed range is exceeded, the order will not be executed. Spreads Sets how much difference (spread) between the bid and ask prices (BID and ASK) is allowed when placing an order for a new position. If the allowed spread is exceeded, the order will not be executed. RangePeriod Specify the timeframe for calculating the most recent volatility (price range). RangeRatio Specifies the ratio used to calculate the price range when EntryType is set to 3. Interval Specifies the interval in minutes between additional positions. 60 (default) means that no additional positions will be opened until 60 minutes have elapsed. Pending Specifies whether or not to place a stop order; if true (default), a stop order will be placed; if false, a market order will be placed. EntryOffset Specifies the offset value when placing a stop order.

TrendFollow Specifies whether the first position should be opened as a forward or reverse position, true for forward, false for reverse. The default is false (reverse). The second and subsequent positions are always opened in reverse.

CorePrice Discretionary setting of the core price used to determine when to open a new position with no open positions; if set to 0 (default), the price will be determined automatically. Terms Sets the term to be used to determine when to open a new position when there are no open positions. For example, if you set 60 on the hourly chart, you would set The high and low prices for the past 60 hours will be used to determine when an order is placed. HighLowRatio Specifies the ratio of how close to the high/low price the position will be opened. 0.99 means that the position will be opened 99% of the time when the high/low price is 99% close to the high/low price. Margin Specify in points how much margin is taken from the calculated high/low price. RangePoint If the price does not move beyond the RangePoint within the period specified by Terms, a new position will not be opened. Specify in points.

BuyLimit Specifies the maximum rate at which a buy order can be placed. If the specified rate is exceeded, the buy order will not be executed even if the entry condition is met. 0 (default) means no limit. SellLimit Specifies the lower limit of the sell rate. If set to 0 (default), there is no lower limit.

Depth Specifies the maximum number of positions to be held. ServerTime Specifies whether system time or server time is used for opening and closing entry times. If false (default), system time is used; if true, server time is used. OpeningTime Sets the start time for opening a new position. ClosingTime Sets the closing time for opening a new position. 0 for OpeningTim and 24 for ClosingTime, and 8 for OpeningTim and 29 for ClosingTime. The time to open a new position is from 0:00 to 24:00 when OpeningTim is 0 and ClosingTime is 24.

ExpirationDate Sets the expiration date for entries. If the value is not set to 1970.01.01 00:00 (default), entries will not be made after that date and time. However, trail and settlement processing will continue after the expiration date.

TrailPoint Specify the trail price range in points. If the current rate exceeds (n x the number of points specified) from the quoted price, the settlement stop limit will be changed to the quoted price + (n-1) x the number of points specified. If the TrailPoint value is set to a small value, the settlement stop limit may be reached quickly depending on market developments, so a larger value should be set in situations where market volatility is high.

TrailStart Specifies the position at which the trail will start, as an integer value. 0 means that the trail will not start at the specified position. 1 or more means that the trail will start when the open price + (TrailStart x TrailPoint) is exceeded for long positions, and when the open price - (TrailStart x TrailPoint) is below for short positions. -(TrailStart x TrailPoint) for a long position, and (TrailStart x TrailPoint) for a short position.

CutTime Sets whether or not to close a position after a specified time has elapsed. The start point of the elapsed time is the opening time of the earliest position opened among the open positions. If the value is 0, no settlement is performed. If the position is to be closed, set an integer value greater than or equal to 1. CutPoint The cut point is the time at which the earliest open position of the open positions will be closed after the specified time has elapsed. The settlement will take place when the open price of the earliest position plus this number of points exceeds the current rate. Profit Set the amount of profit or loss that will be used as a condition for determining when to close a position with a specified CutTime. If the total profit/loss of the open positions is lower than this value, no settlement will be made. Cooperation Specify whether or not to cooperate with other EAs. Default is false (no cooperation). TargetNumber Specify the magic number of the EA to be linked. Set 0 to specify discretionary positions as the target of linkage. AllPosition Specify whether all positions of the same currency pair are to be linked or not. true: All positions of the same currency pair are to be linked. Notify Specify if you want to be notified when positions are opened and closed. 0 means no notification, 1 (default) will display an alert screen, 2 means an e-mail will be sent, and 3 means a notification will be sent when a position is closed. MagicNumber This is the magic number. Set a unique number to distinguish it from other EAs. File kurukuru.ex4 Executable file of the expert advisor "KURUKURU" for MetaTrader 4.