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SAXO MultiLogicShot_EA

SAXO MultiLogicShot_EA Auto Trading
Expert Advisors
MetaTrader 4
Sales from
-
Last Updated At
-
Version
-
My Profile
F-STYLE
  • Whole period
  • 2 years
  • 1 year
  • 6 months
  • 3 months
  • 1 month
Profit
-47,549JPY
Profit Factor
0.48
Rate of return risk  ?
-0.76
Average Profit
1,114JPY
Average Loss
-6,464JPY
Balance  ?
952,451JPY
Rate of return (all periods) ?
-4.86%
Win Rate
73.47% (36/49)
Maximum Position  ?
6
Maximum Drawdown  ?
6.38% (62,406JPY)
Maximum Profit
5,710JPY
Maximum Loss
-12,390JPY
Recommended Margin  ?
978,352JPY
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] [EUR/USD] [GBP/USD]
Trading Style
[Day Trading]
Maximum Number Position
2
Maximum Lot
100
Chart Time Frame
M5
Maximum Stop Loss
65
Take Profit
10
Straddle Trading
No
Application Type
Metatrader Auto Trading
Other File Usages
No

[EA Summary].

MultiLogicShot_EA" is an EA created based on the idea of how to set up multiple high-winning entry and settlement logics, and how to cover the losses of one logic with the other logic, and how to target big opportunities while securing stable profits. The EA was created based on these ideas.

≫ Feature 1: Stable trades with high winning rate

The MultiLogicShot_EA will trade only during the morning hours when the winning rate is higher. It also supports three currencies, USDJPY, EURUSD, and GBPUSD. Therefore, diversifying investments in multiple currencies will help stabilize profits and reduce risk. Note that the logic parameters are set according to the price movements and other characteristics of each currency, rather than applying the same settings to all currencies. (The basic logic is the same for all currencies, but parameters are set differently based on the characteristics of each currency. Spread: 1 Pips 10_v05.JPG Spread: 2 pips 20_v05.JPG Spread: 3 pips 30_v05.JPG

≫ Feature 2: Multiple settlement processes with different profit margins

Three different settlement logic patterns are implemented for each entry. By implementing multiple settlement logic patterns, traders can trade ● Early settlement logic → while securing minimum profits based on market conditions. By implementing multiple settlement logic patterns, you can trade with a minimum amount of profit while taking into account market conditions.

Parameter

basic setting

Magic (563240): Magic number *Use set values up to +5 (default values are 563240 to 563245). Please be careful not to duplicate numbers with other EAs. LotsBuy (0.1): Number of lots for buy entry ● LotsSell (0.1): Number of lots for sell entry *The number of lots per entry is "Set Lot x 3" (0.3 per entry in the default value) to accommodate three types of settlement logic. Please be careful not to set the number of lots too high. Slippage (5.0): Allowable slippage (pips) ● Spread (3.0): Allowable spread (pips) ● TP (10): Take-profit margin (pips) *One of the settlement logics will take profit at this setting value. SL(65): Maximum stop loss(Pips) ● Trail(10): Trail stop width(Pips) ● ExitTime(23:50): Time of weekend settlement ● Comments(MLS_EA): Comments(name of EA

Optional settings (set as needed)

ChangeEntryTime(false): Change entry time or not ● EntryTimeST: Entry start time ● EntryTimeED: Entry end time → Set if you want to change the entry time *EntryTimeST and EntryTimeED are entered as If EntryTimeST is set to 20 and EntryTimeED is set to 3, the entry time will be from 20:00 to 3:59 the next day. (SPTimeST1/2/3: Stop mode start date and time ● SPTimeED1/2/3: Stop mode end date and time → Set if you do not want to enter within the specified time or if you want to force the closing of a position *SPTimeST, SPTimeST, SPTimeED: Enter GMT+3/+2 (chart time) * Input format is "yyyy.mm.dd hh.mi" (refer to default format) ● SPModeWeek (False): Stop mode (day of the week support) activated or not ● SPWeek: Stop mode supported day of the week → Set by day of the week Please understand that a number of 1 means normal setting and a number of 0 means no entry (activation of stop mode). ColorBuy(Blue): Sign color for buy entry ● ColorSell(Red): Sign color for sell entry → Please set the sign color for entry.

Other

Chart screenSymbol: Currency pair (not displayed if set to an unsupported currency pair) ● TimeFrame: Time frame (in minutes) ● MagicNumber: Magic number ● Reboot: Whether MT4 is restarted when holding a position (normal: 0, restart: 1) StopMode1/2/3, StTime1/2/3, EdTime1/2/3: Stop mode setting status ● StopWeek, StopWeekSet: Stop mode (day of the week) setting statusimportant point● Compatible with brokers whose time zone is Daylight Saving Time: GMT+3 / Winter Time: +2. It is advisable to avoid restarting MT4 while holding a position (differences may occur in the settlement logic). Depending on the broker you use, there may be differences in results due to stop levels. ● Manual settlement is recommended before the release of employment statistics, FOMC, or other indicators. The introductory column at the beginning of the forward test is not shown accurately because partial settlement is not supported at this time (the values in the statement column are correct, so please refer to them). Update Historyv1.00 Initial version ● v1.01 (1/5/2018) -Add spread filter -Improvement of settlement logic -Other minor changes in the program ● v1.02 (1/29/2018) -Settlement logic (reduction of maximum DD) -Parameterization of trail stop width ● v1.03 (3/16/2018) -Logic improvements (support for restarts, etc.) ● v1.04 (3/20/2018) -Logic improvements (support for errors) ● v1.03 (3/16/2018) -Logic improvements (support for v1.05 (4/18/2018) -Improved logic (change of trail judgment time) -Incorporation of stop mode -Display of entry information ● v1.06 (5/15/2018) -Parameterization of comments ● v1.07 (5/16/2018) -Improved logic (change of stop time) -Parameterization of comments ● v1.07 (6/19/2018) -Parameterization of entry times ● v1.08 (7/4/2018) -Installation of stop mode (day of week support) ● v1.09 (7/18/2018) -Slippage and spread real numbering ● v1.10 (9/25/2018) -Adjustment of entry sign color -Improvement of logic (to deal with errors) ● v1.11 (xx/xx/2018) -Support for lot setting (set by trade)
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Price: $3.09 (taxed)

¥500(taxed)

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Forward Test
Back Test

Sales from :  -
Purchased :  0 times

Price: $3.09 (taxed)

¥500(taxed)

Provider/Distributor:
Sales site:

Payment

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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)