【SAXOBANK証券】FOREX RANGE FREAK EURJPY
- Whole period
- 2 years
- 1 year
- 6 months
- 3 months
- 1 month
Forward testing (Profit)
Monthly Statistics
- Jan
- Feb
- Mar
- Apr
- May
- Jun
- Jul
- Aug
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Calendar for Months
About EA's Strategy
Translating...
FOREX RANGE FREAK EURJPY
What is FOREX RANGE FREAK EURJPY
This is an EA specialized for EURJPY from the ℽFOREX RANGE FREAKℽ series, which is already being used by many people.
The FOREX RANGE series is already widely used and continues to bring profits to traders in real-time.
The list introduced above is just a part of those who are actually using "FOREX RANGE".
Despite the price of 39,800 yen, the derived series of "EA with a lot of support" isnow available for a special price of 19,800 yen.
Many who purchased the FOREX RANGE series have also bought other currency versions, effectively utilizing the EA as part of their portfolio.
As the results accumulate, "FOREX RANGE FREAK" is also planned to beadjusted to a similar price rangeso please make sure to acquire it as soon as possible.
For the differences between "FOREX RANGE" and "FOREX RANGE FREAK", please check the frequently asked questions at the bottom of the page.
Features of FOREX RANGE FREAK
- Increased number of entries and overall profit improvement
It’s not just about increasing the number of trades; there has been a significant increase in meaningful entries that lead to profits.
It continues to have features that prevent trades that are not worth the challenge, such as low returns for the risk involved.
- Logic that can operate with a maximum stop loss of 50 pips or lower
The initial setting has a stop loss of 50 pips, so there is no feeling of anxiety like being in a bottomless swamp.
However, most cut losses are executed before reaching 50 pips, so the maximum stop loss setting itself is a backup feature.
- Optimal timing for entry and exit derived from advanced technical analysis
It has become possible to shift the timing of points that were previously considered "entry" according to technical analysis.
Conversely, entry points that were previously avoided are now attempted based on technical analysis.
The methods of FOREX RANGE FREAK are now difficult to execute in discretionary trading, as every entry and exit is very delicate.
Common Features of the FOREX RANGE Series
- Compatible with range and trend markets
FOREX RANGE is a scalping EA that demonstrates great power during "range markets" using 1-minute charts,
and can also accumulate small profits even in "trend markets", allowing for efficient system trading.
There is no long wait for a favorable market to come, so there is no anxiety about whether to trade or not.
- Entries with little waste and few consecutive losses
By carefully selecting entries from the many opportunities that arise in a day, one of the features is that there are few consecutive losses.
Having few consecutive losses means that bold trades become possible due to abundant capital management options.
Being able to roughly predict that the next trade will likely win after a loss is an important advantage in trading.
- Rich capital management
It is not an exaggeration to say that FX begins and ends with capital management, making it extremely important.
FOREX RANGE has a high win rate and a track record of steady growth, allowing for confident trading.
By combining rich capital management options with overseas brokers, excellent returns can be targeted in a short period.
Whether to use FOREX RANGE as a solid investment or as a challenging speculation is left to the user.
- Method based on experience
It is not merely a method reliant on technicals, but one grounded in solid experience.
Winning EAs always utilize the wisdom of predecessors from the past and do not get swept away by trendy methods.
Trends may fade, but the methods of FOREX RANGE are based on years of empirical rules, so they do not fade away.
- Parameters that do not require complicated settings
I believe that too many parameters only confuse and create anxiety for users.
Even if users set a large number of parameters while checking the manual, it is difficult for them to understand everything,
and they will end up questioning daily whether this combination is truly the best.
With FOREX RANGE, there is no need for such worries, and you can use it in the state that I believe is best.
What I ask and leave to you is only capital management. Please leave everything else to the EA.
Entry
The basic method is not a simple contrarian approach that times based solely on oversold and overbought information,
but rather continuously assesses whether the current deviation is suitable for entry based on calculated volatility.
In situations where the market is moving significantly due to fundamentals and in quiet markets with no judgment materials,
the criteria for determining oversold and overbought can differ greatly.
By comparing past and present volatility, the quality of entries has been enhanced even in similar situations.
The judgments of oversold and overbought also vary greatly by currency pair.
For example, what may be a significant price movement for EURUSD may not be much for other currencies.
If you enter other currencies based on the same volatility calculations as EURUSD, it could lead to mistakes, so
to prevent that, I have focused on developing entries suited to the volatility of each currency to enhance quality.
While there may be markets similar to the past, there are no markets that are exactly the same.
I believe it is natural for entry timing to change according to the ever-changing market conditions.
Exit
In FOREX RANGE, the EA is designed to discover the optimal exit points for taking profits and cutting losses.
As a seller, I believe it is my duty to provide a solid cut loss.
Additionally, I believe that cut losses should be executed at timings with minimal unrealized losses whenever possible.
Based on volatility calculations, rational cut losses are made after calculating how much room there is for reversals.
However, to avoid misjudging exit timing, a delicate balance of gains and losses has been achieved.
For other sudden reversals, mainly to respond to fundamentals, a freely adjustable stop loss has been established.
In FOREX RANGE FREAK, the initial setting is 50 pips, but it can also operate with narrower values.
The above isOANDAon theTokyo serverand is an asset curve over about 10 years with a stop loss set to15 pips.
I hope you can try the backtest results for other environments after purchase.
Parameters
- Item
- Parameter name (initial setting value) - Description of the parameter
Magic Number (66666) - Please enter a different number from other EAs
Lots (0.1) - Number of lots for trading
StopLoss (50) - Pips until the allowable cut loss
MaxSpread (2.0) - Maximum allowable spread in pips
Slippage (1.0) - Maximum allowable slippage in pips
MoneyManagement (false) - Set to true to enable money management features
BaseBalance (10000) - The trading volume increases by "100" for every "10000" increase in account balance
BaseLots (100) - The trading volume increases by "100" for every "10000" increase in account balance
Martingale (false) - Set to true to enable martingale features
LotMultiplier (1.3) - If the previous trade ends in a loss, the lot size for the next trade will be multiplied by "1.3"
Options
- Martingale
- You can use low-risk martingale options such as 1.1 times or 1.2 times according to your preference.
If you dislike the increased risk from consecutive losses, it is also possible to reduce the lot size by 0.9 times or 0.8 times for each losing trade.
Even without using options, it is a method that has consistently produced beautiful upward results, so please use it according to your preference.
I did not use martingale in discretionary trading at all, but adopted it to enhance capital efficiency.
Please rest assured that the results published in forward tests do not include martingale.
LotMultiplier 1.3
LotMultiplier 0.7
For example, if you think the current market is a trend market, you can operate at 0.7, and if you think it is a range market, you can operate at 1.3.
If you find settings troublesome or have no interest in martingale at all, please operate with the initial settings.
- Money Management
- By utilizing a highly flexible money management function, you can enhance capital efficiency.
You can use a feature that automatically adjusts lots according to the current account funds, so leave risk adjustments to the EA,
and you can enjoy watching your funds increase and the lot size gradually grow while leaving it unattended.
Please rest assured that the results published in forward tests do not include money management.
MoneyManagement true
Using the money management function without thoroughly checking it with backtests can lead to entries with unexpectedly large position sizes, making it very dangerous.
When using both money management and martingale, please ensure that you set it with sufficient capital.
Background of Development
Initially, the motivation for development was not for sales, but rather to obtain objective verification data to improve the method.
When I saw the verification results of the system that took a lot of time to complete, I realized again that it was a rational method.
I believe this is because I have steadily reflected the knowledge and experience gained from years of trading into the method.
Furthermore, by making it an EA, complex calculations became possible, reducing unnecessary entries compared to discretionary trading.
Basically, it is left unattended, and occasionally checking it shows profits, pursuing the goodness of what a system trade should be.
Please use it as one of your solid asset management tools.
Support After Purchase
No complicated settings or special indicators are required, making it easy to handle even for those with little experience in system trading.
The manual is also concisely summarized so that anyone can immediately understand it, regardless of their experience.
In case you do not understand, we have set up a system where you can directly contact us via email.
The email address is listed on the last page of the manual, so please include your ID in the subject line when contacting us.
Frequently Asked Questions
- What is the difference between "FOREX RANGE" and "FOREX RANGE FREAK"?
- While "FOREX RANGE" is an EA created based mainly on my discretionary trading experience,
"FOREX RANGE FREAK" is an EA that has added rational adjustments through advanced technical analysis in addition to experience.
- Which should I use, "FOREX RANGE" or "FOREX RANGE FREAK"?
- Both have the same basic logic.
If you want to operate based on my discretionary trading know-how, please use "FOREX RANGE" which is sold by other companies,
and if you want to operate an EA combined with advanced technical analysis, please use "FOREX RANGE FREAK".
The original "FOREX RANGE" has a completed logic, making it stable, which is a major attraction, but
for those who enjoy watching the EA trade frequently or expect future feature expansions, "FREAK" may be recommended.
- Which brokers can use FOREX RANGE FREAK?
- Basically, it can be operated with any broker that supports MT4 and EAs.
Since version 1.02, GMT input is no longer required, so please use brokers with GMT+2 or +3.
We also provide prompt support after purchase, so if any trouble arises, please contact us directly via email instead of through the community.
- About FOREX NEXT
Currently, I am mainly developing methods and EAs while exchanging opinions with friends, staff, and experts overseas.
Rather than preventing the outflow of logic, I want to create good products, so I am seeking advice after partially disclosing them.
Please refrain from direct inquiries to various places, including securities companies.
Cautions
- Always conduct a backtest to confirm operation before using it on a real account.
- Please ensure to set it with sufficient capital and operate without strain.
- The performance of the EA indicates past results and does not guarantee future profits.
Price: $3.15 (taxed)
¥500(taxed)
●Payment
Sales from : -
Price: $3.15 (taxed)
¥500(taxed)
●Payment
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)
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.
・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.
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.
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.
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.
→ Items to Check When EA is Not Operating
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.
・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)
・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
