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

AMA_EURUSD

AMA_EURUSD Auto Trading
Expert Advisors
MetaTrader 4
Sales from
6/2/2019
Last Updated At
5/25/2020
Version
7
My Profile
いーぬん
  • Whole period
  • 2 years
  • 1 year
  • 6 months
  • 3 months
  • 1 month
Profit
392,089JPY
Profit Factor
3.38
Rate of return risk  ?
0.57
Average Profit
1,362JPY
Average Loss
-599JPY
Balance  ?
1,392,089JPY
Rate of return (all periods) ?
23.27%
Win Rate
59.82% (530/886)
Maximum Position  ?
41
Maximum Drawdown  ?
37.01% (691,129JPY)
Maximum Profit
19,250JPY
Maximum Loss
-4,664JPY
Recommended Margin  ?
1,685,100JPY
Unrealized P/L
-198,508JPY
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/USD]
Trading Style
[Day Trading] [Swing Trading] [Position Trading]
Maximum Number Position
1
Maximum Lot
0.01
Chart Time Frame
D1
Maximum Stop Loss
0
Take Profit
0
Straddle Trading
No
Application Type
Metatrader Auto Trading
Other File Usages
No

This EA is the EURUSD version of the AMA series. The AMA series is currently being developed under the name of "Asset Building EA. If you have seen the forward of this EA for the first time, you probably have an impression that it is a "strange EA. It may look like it is continuing to trade with unrealized losses and unrealized gains, and you may not understand what is going on. These trades are done strategically for the purpose of asset building. If you are at all interested in this EA, we would appreciate it if you could confirm from the following description what kind of design concept it was created based on.

<<Text>>
The AMA series has different characteristics from regular EAs. Please make sure you understand the characteristics of EAs before purchasing.
■AMA is an EA for gradually increasing account funds.
AMA cannot promise flashy performance. However, it is equipped with a logic that will give it a long-term advantage. GogoJungle has many EAs for sale with steadily improving back-test results. Have you ever purchased such a good-looking EA? Have you ever had the following results when you tried it?  The EAs lost their performance in a few weeks or a few months.  The results of GogoJungle's forward performance and your own performance are different.  It seems that only demo account can reproduce the good performance.  It was an EA that never loses (Infinite EA). If the loss was caused by the operation, it was not small at all. I can't help but notice EAs with good performance. I believe that such EAs are half selling a dream. AMA faces reality and trades with its feet on the ground.
AMA draws advantages from market characteristics.
There are two major ways in which commercial EAs can gain an advantage  Technical analysis  Market characteristics The classification of this area is lengthy.This is a separate article.(*Service has been terminated.)

If you are interested, please click here. Many commercial EAs try to secure future advantage based on technical analysis of past data. In the world of complex markets, past performance is far less relevant in the future than you may think. If you rely on sensitive technical analysis, back-test results and forwards will diverge. There are still very few EAs on the market that capture the characteristics of the market. The general public may only see dangerous ones, such as nanpin EAs and martingale EAs. AMA is a type of EA that draws its advantage from the characteristics of the market itself. Therefore, even if USD moves like EUR or JPY moves like GBP, it can maintain its advantage. It is a logic that incorporates future market changes to some extent. This is not to say that *AMA does not use technical analysis at all.  The use of technical analysis is limited to a very small portion, and the logic is very small in weight.

■In order for AMA to maintain its dominance, unrealized gains/losses will not be considered.
In order for AMA to have an advantage over the market, the following conditions must be met  ∙ Must have multiple positions taken at different times  ∙ Must not set SL/TP These two conditions are essential for AMA. However, trading with these two conditions in place will result in a move that is unfamiliar to the general public. Since positions are held continuously, unrealized gains and losses are generated as the market fluctuates. We do not consider such account conditions at all, but add positions and repeat profit taking and loss taking little by little to increase the account funds over a long period of time. Some purchasers described this situation as "EA that moves strangely. Another purchaser compared it to a "card game" in which multiple positions are held while taking the next position or closing a portion of a position. Certainly, you may feel a little uncomfortable. Although we are competing in the same currency market as other EAs, it seems as if we are playing a different game. However, EAs that try to capture the characteristics of the market are often strange when viewed in a trading sense. Instead of making strange moves, they continue to gain an advantage.
■AMA will use the daily price.
The recommended operating leg for AMA is the daily leg. Therefore, spreads and slippage are not as significant. On average, AMA makes one additional entry or exit per day. Once the EA is set up, there is no problem in leaving it as it is. Please check regularly to see if MT4 is working properly.
■Parameters are as follows
MagicNumber: Magic number for EA use. (Example: 111111) lot: The number of lots to enter. (Recommended: 0.01) Spread Filter: If the spread opens beyond the parameter value, no trades will be made. (e.g.: 20 point increments, so please be careful)
Lot and Margin Recommendations
The recommended margin is 0.01 lot per million yen, which is a very safe margin. In addition, when multiple currency pairs are operated at the same time, the risk is diversified. Please make full use of back testing and set the risk according to the risk you are willing to take. (Please refrain from asking "Will AMA work even if my account funds are XX million yen? (Please refrain from asking the question, "Will AMA work even if my account funds are XX million yen?) The AMA series has survived the Corona market of 2020 with no difficulty, even though all currency pairs were subject to high volatility. If the objective is to build assets from a long-term perspective, there is no need to take excessive risk. Rather than setting the number of lots at the very edge of what AMA can ride out based on back testing, we ask that you take a sufficient margin of safety in order to respond to unpredictable future market conditions.
■ Summary
Please consider using AMA if you Want to build assets through FX ○ Want to avoid dreaming about investment, and want to distance themselves from buying and losing trading. ♦ I do not want to be a dreamer and do not want to be involved in buying and losing. Do not want to look at the mt4 screen too much if possible. If you fall into any of the following categories, we are sorry, but we do not recommend you to use AMA. We do not recommend the use of AMA for the following people ×x You want to make money all at once in a short period of time ×x You are concerned with one trade and one position. ×x You want to win every trade. ×You do not want to lose (you want to keep winning even if you have to keep pinning) The AMA series is divided into separate exhibits for each currency pair. In return, we do not set the price so high compared to other sellers' EAs. Please try one currency pair first, and if you like it, please consider purchasing other currency pairs.
Other QA (Frequently Asked Questions)
How do I install EA? Does it work on Windows XX? EA does not work. ...... etc. Please contact GogoJungle support if you have any questions about the environment. I will support any problems with AMA. Are the AMA series different in logic? All AMA series have the same core logic. The logic itself can be operated outside of FX if there is a certain amount of volume. Is there any inconvenience for other buyers in terms of overlapping entry points, etc.? No. The entry/exit timing is random. Therefore, there is no overlap in the timing of transactions with other buyers, and it will not become a game of musical chairs over the price. The results seem to be different from the backtest. We have programmed the entry/exit timing to be random. The mt4 backtest cannot reproduce the above randomness. Therefore, all entries/exits are made at 00:00. The results seem to be different from GogoJungle's forwards. One of the criteria for entry/exit is "how many positions are held in which direction". The number of positions held will vary depending on the date the operation was initiated. Therefore, the actions taken by AMA may differ in some cases. Is it possible to maintain the advantage even if I enter/exit at random? Of course, it is not completely random, but each entry/exit has its own rationale. However, each entry/exit has its own rationale. AMA's logic includes randomness, and it is a superior logic. Is an EA that captures the characteristics of the market better than technical analysis? No, that is not true at all. However, we believe that market characteristics are better when selling EAs that are intended to be used by a large number of people. The advantage based on technical analysis has the problem of a short lifespan, but the main problem is delicacy. Such EAs multiply multiple conditions and enter/exit when the conditions are right. Depending on the number of lots, this could cause a game of musical chairs with only a few people competing, not dozens. This is even more so when trading with market orders. (The same goes for stop orders. If there is a conflict, the slowest person slips.) Can I limit my trading to buy only (or sell only)? Yes, you must be able to both buy and sell. (We do not do both.) "How much of either position do I have? The amount of position you hold is an important factor in the EA's judgment of the situation. Therefore, limiting the number of positions to only one may cause problems such as taking more risk than necessary. Why do you use intraday? Because it is suitable for asset building. Short-term contracts are more susceptible to spreads, delays in execution, and other factors at the brokerage firm's convenience. Which currency pair do you recommend the most? There is no specific currency pair that is superior to AMA, so please purchase the currency pair that you like. If you have to say so, please use a currency pair that is not used by other EAs from the viewpoint of risk diversification. Are there any plans to release other currency pairs? We have been saying that we do not plan to release any new currency pairs, but we will slowly add more. We are planning to start with about 9 currency pairs. Which brokerage firms would you recommend? As far as we know, OANDA is not available. Any Japanese brokerage firm other than OANDA is acceptable. If you are using a Japanese brokerage and have received a recommendation to cease operation of your EA, we would appreciate it if you would contact us. Also, we cannot answer about so-called foreign FX. There seems to be a difference in versions between the AMA series. There are differences in versions due to different release dates, but all are consistent with the latest content. Are there any plans for future version upgrades? We are aware that the AMA series is now in a stable version. We have no particular plans for further version upgrades at this time, but we will make modifications as necessary. [Notice. We have started a blog service for Gogojan-sama. →.Blog(*Service has been terminated.)

I am allowed to write freely, including behind-the-scenes stories of EA development (I have written some harsh content, but so far there has been no censure from Mr. Gogojan). (I have written some pretty harsh content, but so far I have not been censured by Mr. Gogojan.) In fact, I think that the viewpoint of a person who is considering purchasing an EA is quite different from that of a developer. I would like to talk about how the developer perceives system trading and the real part of it, so I would appreciate it if those who are interested could visit the site once.

<Important>>
The AMA Series' stance on the latest updates and back-testing is this way (direction close to the speaker or towards the speaker)(*The service has been terminated.) The article is summarized in the following table.

Sales from :  06/02/2019 21:25
Purchased :  83 times

Price: $134.79 (taxed)

¥21,800(taxed)

Provider/Distributor:
Sales site:

Payment

Master VISA JCB
Forward Test
Back Test

Sales from :  06/02/2019 21:25
Purchased :  83 times

Price: $134.79 (taxed)

¥21,800(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)