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

Be Wave 3 -EURJPY M15-

Be Wave 3 -EURJPY M15- Auto Trading
Expert Advisors
MetaTrader 4
Sales from
5/26/2019
Last Updated At
5/1/2023
Version
01
My Profile
Be Wave
  • Whole period
  • 2 years
  • 1 year
  • 6 months
  • 3 months
  • 1 month
Profit
532,057JPY
Profit Factor
1.32
Rate of return risk  ?
0.46
Average Profit
830JPY
Average Loss
-20,090JPY
Balance  ?
1,532,057JPY
Rate of return (all periods) ?
18.30%
Win Rate
96.97% (2365/2439)
Maximum Position  ?
8
Maximum Drawdown  ?
31.60% (1,158,240JPY)
Maximum Profit
36,340JPY
Maximum Loss
-153,720JPY
Recommended Margin  ?
2,907,050JPY
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
[EUR/JPY]
Trading Style
[Scalping] [Day Trading] [Swing Trading]
Maximum Number Position
8
Maximum Lot
99
Chart Time Frame
M15
Maximum Stop Loss
200
Take Profit
5
Straddle Trading
No
Application Type
Metatrader Auto Trading
Other File Usages
No
The key points of "Be Wave 3" are as follows!

In addition to the seven bars in Virsion2, another increase brings the number of bars to eight.
Some acquisition (OPEN) conditions have been added to increase efficiency. This is indicated as the eighth bar.
This allows detection of points with more favorable conditions in order to emphasize swap efficiency, which is a feature of version 3.


Be Wave" series
side_l.jpg

Be Wave" is a long-term EA. It is a multi-scalar EA designed and developed not only for efficiency and stability, but also for design.
Trends can be large or small, long-term or short-term, and it is very important to be able to ride out any wave. To do this, the EA needs to collect and analyze information not only from the displayed chart information, but also from the most recent trend, long-term trends, and other charts to quickly and correctly understand the situation.
Be Wave" is equipped with a number of excellent logic systems to meet these conditions.

Other things we consider very important are information dissemination and design.
It is also important for users to know the expert's settings and current status in an easy-to-understand manner, and the EA has been developed so that users can operate the system with peace of mind by sending out information from the EA side.
This information transmission starts as soon as the EA is set on the chart, and you can understand the importance of this.

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What is "Be Wave 3"?


■Long-term operational EA
We started forward operations from registration in 2019 and have continued to generate steady profits to date. The number of trades has already exceeded 3,500 in the 10 years of backtesting and 1,200 in the forwards since registration. You can see from the forward period, the number of trades, and the track record that this is a very reliable EA.


■Long positions only
To be aware of swap efficiency, continue to trade only in the BUY direction (long positions).


■ Overwhelming win rate
One of the features of "Be Wave" is its overwhelming win rate. The win rate of "Be Wave" is 100% (per each settlement), which means that it is designed to keep accumulating profits. EAs with a high settlement win rate provide a sense of security. Also, the more positive settlements you make, the greater the pleasure you will feel. We hope you will experience this wonderful feeling.


■Design
Design is also an important factor. By presenting information in an easy-to-understand, visual manner, the user can feel an additional sense of security and joy. In particular, the graphs displayed on the chart clearly inform the matching degree of position taking (OPEN). When the color of the graph or the length of the bars change, not only do we know that we are getting closer to acquiring a position, but we also feel a sense of great anticipation.


(Reference) Image image is "AUDJPY
(Reference) Image image is "EURJPY
line.jpg
side_l.jpg

From back testing

In 10 years, about270%!
Settlement Unit100% win rate!
Number of transactions approx.3,500 times!
The increase marks approximately 270% over 10 years and more than 3,500 trades during that period. The win rate in the same settlement unit is 100%.

The design is such that the closing of a single position, or multiple positions, is always positive.

Although trades are initiated only when conditions are favorable, the large number of positions taken ensures that profitable opportunities are not overlooked. The large number of trades also provides the benefit of risk diversification.

side_r.jpg
title.jpg
panel pattern
■Displayed in grayish color ■ Displayed in aqua system
The image is "EURJPY".


point.gif Panel 1
The top panel shows, from the top, the EA name, the magic number, the number of positions, and the maximum number of positions that can be taken.
The EA name is the series name of Be Wabe and the pair name.
The magic number is the value set by the parameter.
The display color of the number of positions changes when there are positions held.
It is displayed in blue color when a BUY position is held.
The maximum number of positions that can be taken is the value set in the parameter "SL_MaxPosition. You can hold positions up to this number.

point.gif Panel 2

The second panel shows the number of lots set, the take profit value, and the stop loss value.
The TakeProfit and StopLoss are shown below.
If "5" is set for the expert parameter TakeProfit, the panel will show "TP:5.00" (=5.00 sen).
If StopLoss is set to "200.0," the panel will show "SL:200.00" (=2.00 yen).

point.gif Panel 3
The third is a graphical panel, which is one of the features of Be Wave.
When some of the conditions for acquiring a position are not met, it is displayed in a grayish color.
When the blue color is displayed, it means that the conditions for acquiring a Buy position are starting to be met.
When all bars are above this line, it means that all acquisition conditions are in place and the position is close to being acquired.
And the larger this bar is, the more willing it is to acquire.

point.gif Panel 4

The bottom panel shows safety stoppers.
From the top, these are the spread, the New Year's Eve, and the safety features related to the margin balance.
In the example in the image here, "0.010" in "Spread" is the current spread, and "0.030" is the maximum spread that can be obtained. In this case, the spread can be obtained from "0" to "0.03 (3 sen)".
The spread can be extremely wide in case of heavy price fluctuation. This is a very important safeguard to avoid adverse trading conditions.
If the spread widens beyond the set value, the color of the display will change and a visual message will be sent out.
NoOpen" is a restriction during the year-end and New Year holidays.
In this case, the system will not be open from "December 24" to "January 5.
Settings are made on the parameter setting screen.
Please note that the business hours during the year-end and New Year holidays differ depending on the broker, so please check carefully before making any changes.
The "Barance" function is designed to directly protect your assets in the event of an emergency.
The "1002280" on the left is the current margin balance, and "0" is the set value.
If you want to set a limit of "No trading if the margin balance falls below 500,000,000 yen", set the parameter "NoTradeBarance" to "500,000".
If the margin balance falls below this set value, the display color will change and a visual message will be sent.


line.jpg
point.gif Experts Parameters

MagicNumber [Default value] 5032032 MagicNumber is set to an integer value. Please avoid simultaneous operation with EAs that do not have MagicNumber set within the same account. The setting value "0" is not allowed.
Lots [Prescribed value] 0.1 Set the number of lots to be acquired.
*Foreign Exchange Finest, etc. (0.01 = 1,000 currency units)
Recommendation: Lots0.05 - 0.1 / Balance 1,000,000 yen
TakeProfit [Regulation value] 5.0 This is set when "SL_MaxPosition" is "1" or when "SL_MaxPosition" is "2" or more and multiple positions are taken. 5.0" = "5 sen"
StopLoss [Specified Value] 200.0 Set when "SL_MaxPosition" is "1" and a position is acquired, or when "SL_MaxPosition" is "2" or more and the number of positions held reaches that number. 200.0" = "¥2.00."
SL_MaxPosition [Default value] 8 Maximum number of positions held.

■ Restrictions on year-end acquisitions
This function is used to not perform acquisitions at the end of the year.
Example 1] If you want to make acquisitions without restricting acquisitions
YearEnd_NoOpen = "false"
[Example 2] If you want to not make acquisitions after December 24
YearEnd_NoOpen = "true"
YearEnd_NoOpen_Month = "12"
YearEnd_NoOpen_Day = 24"
■Restriction of acquisitions at the beginning of the year
This function is used to not perform acquisitions at the beginning of the year.
Example 1] If you want to retrieve without limiting retrieval
NewYear_NoOpen = "false"
[Example 2] If you want to not retrieve until January 5
NewYear_NoOpen = "true"
NewYear_NoOpen_Month = "1"
NewYear_NoOpen_Day = "5"

one-position trade
If you set "SL_MaxPosition" to "1", you can do this.
→ Always trade with a single position.
The image image is "GBPJPY".



this way (direction close to the speaker or towards the speaker)Both sides."The specificationsBe Wave 2"It is.
We are also doing well here. Best regards.





Sales from :  05/26/2019 23:46
Purchased :  5 times

Price: $157.09 (taxed)

¥25,000(taxed)

Provider/Distributor:
Sales site:

Payment

Master VISA JCB
Forward Test
Back Test

Sales from :  05/26/2019 23:46
Purchased :  5 times

Price: $157.09 (taxed)

¥25,000(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)