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

MultiLogicShot_MG

MultiLogicShot_MG Auto Trading
Expert Advisors
MetaTrader 4
Sales from
2/13/2019
Last Updated At
8/5/2019
Version
1.01
My Profile
F-STYLE
  • Whole period
  • 2 years
  • 1 year
  • 6 months
  • 3 months
  • 1 month
Profit
-23,407JPY
Profit Factor
1.01
Rate of return risk  ?
-0.06
Average Profit
1,433JPY
Average Loss
-6,312JPY
Balance  ?
976,593JPY
Rate of return (all periods) ?
-1.11%
Win Rate
81.65% (2033/2490)
Maximum Position  ?
9
Maximum Drawdown  ?
16.17% (361,508JPY)
Maximum Profit
10,226JPY
Maximum Loss
-30,598JPY
Recommended Margin  ?
2,107,690JPY
Unrealized P/L
0JPY
Deposit  ?
1,000,000JPY
Currency
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
[USD/JPY] [GBP/USD] [EUR/USD]
Trading Style
[Day Trading]
Maximum Number Position
1
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

MultiLogicShot Series Overview

Please refer to the following for MultiLogicShot series currently exhibited. MLS_EA: https://www.gogojungle.co.jp/systemtrade/fx/13038 MLS_T2: https://www.gogojungle.co.jp/systemtrade/fx/13879 MLS_MG: https://www.gogojungle.co.jp/systemtrade/fx/16890 comparison table. jpg

【Overview of EA】

"MultiLogicShot_MG" is an EA that enhances custom setting such as lot setting and entry control based on MultiLogicShot_EA logic. The changes from MLS_EA are as follows (The details of MLS_EA are here ) .

≫ Change point 1: Maximum number of positions

The maximum number of positions per currency is 1 (2 in MLS_EA).

≫ Change point 2: Adjust the maximum number of positions in the whole currency

It is possible to adjust the maximum number of positions in the whole currency of USDJPY / GBPUSD / EURUSD. ※ Can be set in the "MaxEntry" parameter. (For example, if MaxEntry is 1, only the first 1 currency is entered.) ※ All parameters "Magic" should be the same value (a different value is assigned to each currency in the logic). ※ Please be aware that in the case of simultaneous entry between other currencies, the number of positions exceeding the set value may be rare.

≫ Change point 3: Set up lots per installment payment

It is possible to set the number of lots for each split settlement logic. Also, it is possible to set the lot number to 0. If the setting value is 0, the payment logic will be invalid. I think that it is effective when you want to reduce the lot number at the time of entry. ・ Lot1: Settlement with parameter (TP) setting value ・ Lot2: Settlement by internal logic ・ Lot3: Settlement by trail → The number of lots at the time of entry will be the total value of Lot1 to Lot3.

≫ Change point 4: Implement close mode

We have added payment logic to reduce the maximum drawdown. In addition, additional logic can be switched on / off in the parameter "CloseMode". Spread: 1 Pips case 10.JPG Spread: 2Pips 20.JPG

【Parameter】

Basic settings

 ● Magic (663240): Magic number ※ Use the setting value ~ +2 (for default, 563240-563242). ※ Please be careful not to duplicate the numbers with other EAs.  ● Lots1 (0.1): Number of settlement lots with parameter (TP) settings  ● Lots2 (0.1): Number of settlement lots by internal logic  ● Lots 3 (0.1): Number of settlement lots by trail ※ Lot number of one entry will be "Lots1 + Lots 2 + Lots 3" (0.3 per entry for the initial value). ※ Please be careful not to set too high.  ● Slippage (5.0): Allowable slippage (Pips)  ● Spread (3.0): Allowable spread (Pips)  ● TP (10): Profit margin (Pips)  ● SL (65): Maximum loss cut width (Pips)  ● Trail (10): Trail stop setting width (Pips)  ● CloseMode (true): existence of closed mode  ● MaxEntry (3): Maximum number of entries ※ Please change the parameters of all currencies to operate. ※ Please set the parameter setting value of magic number to the same value for all 3 currencies.  ● ExitTime (23:50): The time of the weekend settlement  ● Comments (MLS_MG): Comments (name of EA)

Optional Settings (Please set if necessary)

 ● ChangeEntryTime (false): Whether the entry time has been changed  ● EntryTimeST: Entry start time  ● EntryTimeED: Entry end time  → Please set if you want to change the entry time ※ EntryTimeST, EntryTimeED input GMT + 3 / + 2 (time of chart) ※ When EntryTimeST is 20 and EntryTimeED is 3, the entry time is from 20:00 to 3:59 the next day ※ The entry restrictions set by default from Monday to Friday night will be cancelled.  ● SPMode1 / 2/3 (False): Stop mode activated or not  ● SPTimeST1 / 2/3: Stop mode start date and time  ● SPTimeED1 / 2/3: Stop mode end date and time  → If you do not want to enter within the specified time, please set if you want to forcibly settle the position ※ SPTimeST, SPTimeED input GMT + 3/2 (chart time) ※ The input format is "yyyy.mm.dd hh.mi" (Refer to the default format)  ● SPModeWeek (False): Stop mode (for day of the week) activated or not  ● SPWeek: Stop mode corresponding day  → If you do not want to enter on a day-by-day basis, please set it if you want to forcibly settle the position ※ You can set in 7-digit numbers (in order of Sun Moon Water Water Golden Earth) ※ Please understand that if the number is 1, it is normal setting, and if it is 0, no entry (stop mode start) (For example, if you want to activate the stop mode only on Friday, it will be "1111101")  ● ColorBuy (Blue): Sign color for buy entry  ● ColorSell (Red): Sign color for sale entry  → Please set the color of the sign at the time of entry

【Others】

chart screen

 ● Symbol: Currency pair ※ If you set it to an unsupported currency pair, it will not be displayed  ● TimeFrame: Hourly (minutes)  ● MagicNumber: Magic number  ● CloseMode: Setting status of close mode (When setting: 1, When setting is released: 0)  ● MaxEntry: Maximum number of entries  ● Reboot: With or without MT4 restart when holding position (Normally: 0, Restarted: 1)  ● StopMode1 / 2/3, StTime1 / 2/3, EdTime1 / 2/3: Setting status of stop mode  ● StopWeek, StopWeekSet: The setting status of stop mode (for the day of the week)

Response to Questions (Community)

Regarding questions etc. in the community, in order to reduce the burden of responding to comments, we may not send a reply if we judge it to be a comment that is not worth replying or a question that has been repeatedly answered in the past. Please be aware in advance. There may be occasional oversights even for comments that require a reply. If you are unsure, it may be better to ask questions through individual messages.

Points to note

 ● Corresponds to a broker whose time zone is Daylight Saving Time: GMT + 3 / Winter Time: +2.  ● It is desirable to avoid restarting MT4 while holding the position (a difference will occur in the payment logic).  ● Depending on the broker used, there may be differences in results due to the influence of the stop level.  ● We recommend that you make manual settlements before the announcement of employment statistics and indicators such as FOMC.  ● The introduction column at the beginning of the forward test is not displayed correctly at this time because it does not support partial settlement (the numbers in the column are correct values, so please refer to that).

update history

 ● v1.00 First Edition (2019/3/20)
Sales from :  02/13/2019 08:31
Purchased :  19 times

Price: $158.07 (taxed)

¥25,500(taxed)

Provider/Distributor:
Sales site:

Payment

Master VISA JCB
Forward Test
Back Test

Sales from :  02/13/2019 08:31
Purchased :  19 times

Price: $158.07 (taxed)

¥25,500(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)