The Art of Averaging Down - Part 2 - AUDCAD M5

I.　OVERVIEW The Nanpin no Jutsu Part2 is an EA for AUDCAD that uses Nanpin and Martingale. In conventional EAs, there is a risk of loss-cut because of the increase of the loss. That is why the accuracy of the entry point is required in addition to the precise entry. This EA judges forward, reverse, and abort entry based on the behavior after the break of the previous day's high and low. The EA also has a withdrawal mode and an emergency system to reduce risk as much as possible. The EA is less profitable than other EAs, but we have made an effort to reduce the maximum DD as much as possible. Can you continue to use a large DD EA forever? II.　Characteristics 1: Entry Logic (NEW Logic) AUDCAD is less volatile than other currencies because of the correlation between AUDCAD and Canadian dollar, which are the same resource-rich currencies. 　Therefore, the same trend-following type as the other "Nanpin no Jutsu Part2" does not work well for the profit, so the logic is new. The new logic is to select forward, reverse, or abort entry at the break of the high and low of the previous day. The initial lot size of the second logic is 0.1 lot, which is larger than that of the first logic. 　Please adjust the initial lot size according to your investment amount. The difference between the first and the second is as follows The difference between the first and the second is as follows. The number of entries is large, and the maximum DD is large. The difference between the first and the second is as follows. You can make a steady profit with the first one and increase your profit with the second one. 2.New Exit Function The profit-following exit mode is implemented. 　Instead of following the trend at regular intervals like the trail function, profits are extended until the trend ends. In case of take profit 14 pips The set value is 14 pips, but you can see that the profit is tracking. The upper line of $10.46 is the case where the profit is normally taken and the lower line of $43.36 is the case where the profit is tracked. The same profit tracking applies not only to a single position, but also to nan-pinning, so there is a possibility of explosive profits. 　Example of profit-tracking in the case of a profit-tracking TP of 20 pips 　Example of Nampin gain Nampin TP 20 pips Normal gain Even with the same take profit setting value, if the trend continues, the total of the three positions may be $193.14, which is five times more profitable than $36.07 for normal profit. 3: Variable Nanpin Interval Ver2 The second version of "The Art of Nanpin" is implemented as well as the first version of "The Art of Nanpin Part I". 　The interval is fixed up to the set number of positions, and it changes to the variable interval according to the market environment. The parameters of the variable mode have been further optimized and changed to track the profit more closely. The features of the Nanpin Interval Filter and Emergency Mode are as follows. i ) In the case of the Nan-Pin Interval Filter: false and Emergency Mode: false 　　Nanpin entry at fixed intervals 　　Pros: position elimination time: short 　　Disadvantages: number of positions to be dumped: too many, margin: too much (ii) When (ii) Nan-Pin Interval Filter: true 　　Variable interval from the first one to the last one for a variable interval of nanpin entries. 　　Pros: Number of positions: Small, Margin: Small 　　Disadvantage: Position elimination time: long Cautions: No The market fluctuates depending on the market conditions (sharp rises, sharp falls), so there is no guarantee that the market will expand. Please be careful about the number of positions and insufficient margin. Please be aware that the time to close a position may be longer when using variable interval pick-pinning than when using fixed pick-pinning. 4：Weekend settlement, EA suspension function The weekend settlement function has been added. If you do not want to carry over a position on weekends when the market is prone to sudden changes, you can set this function to "true" and the EA will be stopped automatically at the designated time. 　If you do not want to carry over positions on weekends when the market is prone to sudden changes, you can set this function to "true" and it will automatically close the positions at the specified time. If you do not want to carry over positions on weekends when the market is likely to change rapidly, you can set this function to "true" and the EA will automatically close out your positions at the specified time. Please understand that there is a possibility of losing money when using this function. Please use the EA after verifying it sufficiently by backtesting when you use it. Please be aware that you may not be able to increase your profit if you always set true. If you want to stop the EA before a long vacation, you can safely stop the EA by using it with the entry stop function in 6. 5: Everyday Settlement Function (new function) When this function is set to true, TP will change to Emergency TP after the set time has passed. If you do not want to carry over as much as possible to the next day, you can make it easier to settle by setting the Emergency TP smaller than the TakeProfit and Nanpin TPs. 6: Entry Stop Function If you want to stop the EA, but stop it while you are still in a position, you will not be able to do any more "take profit" or "close out" positions. 　Therefore, it is necessary to manually stop the EA before the next entry after closing the currently held position. 　However, it is often difficult to stop the EA before the next entry because the settlement is often completed before you realize it and you have to enter again. 　Therefore, until now, it was necessary to manually close the last position. 　By setting this function to true, the next entry is stopped after the positions already held are closed, so it is possible to stop the EA safely. 7. implementation of Monday filter (new feature) The EA will not make entries on Mondays, when the market is more volatile, because the logic determines the behavior at the breakout of the previous day's high and low. 　Entry will be made from Tuesday through Friday. 8. implementation of long vacation filter (new feature) The EA can be stopped automatically during long vacations when volatility is low and the market may move in unusual ways. The function can be set up for three periods. The default settings are for the New Year vacation, Golden Week vacation, and Bon vacation periods. Note: The EA will be completely stopped, so even if you have a position, it will not take profit or stop. 　　　Please change the setting to "false" if you want to operate it normally. This is the backtest result of 9 years from Jan 4, 2010 to Dec 31, 2018. The maximum DD is low for a nan-pinning martingale EA. With auto-exit mode true Maximum DD $7542.70 (about $800,000) Amazingly super low DD Net profit with 0.1 lots $29318.26 Amazing maximum DD $7542.70 (about 800,000 yen) If you lower the number of lots to 0.05 as in Part I, you can operate with a maximum DD of $3771.35 (about 400,000 yen). When auto exit mode is false In addition, if profit tracking is not used, the maximum DD will also be lower, so operation can be started from a low budget. Maximum DD $3696.18 (about 400,000 yen) Net profit with 0.1 lot $17,593.80 Maximum DD $3696.18 (about 400,000 yen) If you lower the number of lots to 0.05, the maximum DD is $1848.09 (about 200,000 yen). III.　Setup Screen Please refer to the following Karastengu blog for details on setting items. https://karasutengufx.hatenablog.com/entry/Nanpin2_AUDCAD IV.　Points to note Please note that the minimum lot size for MT4 is 1,000 or less. When using the weekend settlement function, please use it according to your MT4 time. If you use the weekend settlement function, please use it according to your MT4 time. AUDCAD is only for 5-minute trading session. 　Please note that it does not work with other currencies or time frames. Please back-test and use with sufficient funds. Please be careful not to run short of margin because of the large lot size. Please be careful of loss-cut when using a domestic FX company with low leverage.