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

Be Wave 4 -GBPJPY M5-

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    Be Wave 4 -GBPJPY M5-

    Be Wave 4 -GBPJPY M5- Auto Trading
    (0)
    Expert Advisors
    MetaTrader 4
    Sales from
    6/24/2019
    Last Updated At
    5/8/2023
    Version
    01
    My Profile
    Be Wave
    • Whole period
    • 2 years
    • 1 year
    • 6 months
    • 3 months
    • 1 month
    Profit
    :  -663,361JPY
    Profit Factor
    :  0.64
    Rate of return risk  ?
    :  -0.7
    Average Profit
    :  499JPY
    Average Loss
    :  -34,372JPY
    Balance  ?
    :  336,639JPY
    Rate of return (all periods) ?
    :  -26.41%
    Win Rate
    :  97.77% (2363/2417)
    Maximum Position  ?
    :  8
    Maximum Drawdown  ?
    :  35.93% (952,456JPY)
    Maximum Profit
    :  46,330JPY
    Maximum Loss
    :  -158,510JPY
    Recommended Margin  ?
    :  2,511,380JPY
    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
    [GBP/JPY]
    Trading Style
    [Scalping] [Day Trading] [Swing Trading]
    Maximum Number Position
    8
    Maximum Lot
    99
    Chart Time Frame
    M5
    Maximum Stop Loss
    200
    Take Profit
    5
    Straddle Trading
    No
    Application Type
    Metatrader Auto Trading
    Other File Usages
    No
    side_l.jpg This is an introduction to "Be Wave 4 -GBPJPY M5-". Thank you very much for taking a look.

    This EA is a strong-scaling EA specialized for long position trading, which was developed on the theme of continuously and stably increasing profits. From the same scalping “Be Wave 3”, there are more accurate chances of accuracy, which increases the number of trades and diversifies risk.

    In addition, it is usually scalping mode, but specifications are switched from the previous work when mode loss changes automatically in order to convert it positively when it increases.     		side_r.jpg
    line.jpg
    in 10 years 440% more!
    settlement unit 100% win rate!
    Number of transactions 10,000 times!

    The growth rate is over 440% in 10 years, The number of trades between them is over 10,000 despite the trade of long position only. The winning rate in payment unit is 100%. Even in the case of one position or multiple positions, the design is always positive when settling. (Swap is not considered because it is a scal system.) We start trading only when good conditions are in place, but many position acquisitions do not overlook profit opportunities. In addition, the effect of risk diversification can also be obtained due to the high frequency. The big difference with "Be Wave 3" is that it collects information in smaller increments and is designed so as not to miss the fine chance of accuracy. Therefore, the stability has been further improved.



    I also stuck with operability and visuals. Easy to use for users and easy to understand. We also spend a lot of time in this part so that we can earn a profit while having fun.
    If you look at the rate flag or Profit display that is drawn on the chart when you're confident, the joy of gaining is even more expansive.
    In addition, when the spread spreads, the stopper function etc. are taken into consideration everywhere, such as changing the character color even when the set value is exceeded.

    line.jpg
    point.gif Screen image -> Screen image ※ The image image is diverting "-AUDJPY M5-" version.
    01.gif
    The overall image looks like this. ※ Because the color of the bar is due to the property settings of the chart, you can change it freely.
    title.jpg
    point.gif chart description
    02.gif
    		Once it has been confirmed, a rate flag and a line will be displayed on the chart. The TakeProfit number will be displayed as "TP" below it. When TakeProfit is positive, it is displayed in color like an image, and when it is negative, it is displayed in red.

    title.jpg
    point.gif View Description
    Position B: 0 / S: 0 Displays the number of positions held. The color changes when the position is held or not held.
    Position B: 1 / S: 0


    Be Wave 4 -GBPJPY M5- Displays the name of this EA.


    MagicNumber: 5043043
    Lots: 0.10
    TakeProfit : 5.00
    StopLoss: 200.00
    MaxPosition: 8     		Displays the setting value for the parameter. Each from top to bottom: MagicNumber, Lots, TakeProfit, StopLoss, MaxPosition.


    YearEnd_NoOpen:
    ON-from 12/24-         		Displays the setting value for the parameter. If "from 12/24" is displayed as shown on the left, it means that it will not be acquired after December 24 every year. In addition, when this function is not used, "OFF" is displayed as shown below on the left.
    YearEnd_NoOpen:
    OFF

    NewYear_NoOpen:
    ON-to 1/5-         		Displays the setting value for the parameter. When "to 1/5" is displayed as shown on the left figure, it means that acquisition is not performed until January 5 every year. In addition, when this function is not used, "OFF" is displayed as shown below on the left.
    NewYear_NoOpen:
    OFF


    NoTradeABalance: 0 Displays the setting value for the parameter. Here 0 means that this function is not used. If the balance falls below this set value and acquisition is not performed, the display will change to red as shown on the left.
    NoTradeABalance: 500,000


    MaxSpread: 5 = 0.050
    vs Ask-Bid: 0.010     		Displays the setting value for the parameter. If "5 = 0.050" is displayed, it means 5 sen. If the spread spreads due to a significant market fluctuation, and if the spread (Ask-Bid) exceeds the set value and acquisition is not performed, the figure on the left is below. It changes to a red display.
    MaxSpread: 2 = 0.020
    vs Ask-Bid: 0.045


    line.jpg
    point.gif Parameter Description
    MagicNumber [Default] 5043043 Please be careful not to duplicate MagicNumber with other EAs. In addition, please do not perform simultaneous operation with EA which is not set MagicNumber. However, "0" is not possible.
    Lots [Default] 0.1 Set the number of lots to be acquired.
    Recommended setting is 0.05 ~ 0.10 / balance 1,000,000 yen.
    (for 0.01 = 1,000 currency units)
    TakeProfit [Default value] 5.0 Applicable only when multiple positions are acquired. "5.0" means 5 sen. If the number of positions is one, Calculate and settle the profit margin according to the situation.
    StopLoss [Default] 200.0 Applicable when the number of positions reaches the setting value of parameter "MaxPosition". "200.0" means 2 yen.
    MaxSpread [Default value] 3.0 "3.0" means 3 sen. It is a setting to limit the trade at the time of spread expansion.
    NoTradeABalance [Default value] 0 Please enter a number if necessary.
    MaxPosition [Default value] 8 Set the maximum number of positions that can be held in the same direction.
    The maximum number of acquisitions for the past 10 years is "7" position.
    YearEnd_NoOpen [Default] true Set to limit year-end trades. Select "true" to enable this feature, or select "false" to disable it.
    The following parameters "YearEnd_NoOpen_Month" and "YearEnd_NoOpen_Day" are not acquired within the year after the date specified by "YearEnd_NoOpen_Day".
    YearEnd_NoOpen_Month [Default value] 12 Required parameter when "YearEnd_NoOpen" above is set to "true".
    "12" means December.
    YearEnd_NoOpen_Day [Default value] 24 As above, this parameter is required when "YearEnd_NoOpen" is set to "true".
    "24" means 24 days.
    NewYear_NoOpen [Default] true Set to limit the New Year trade. Select "true" to enable this feature, or select "false" to disable it.
    The following parameters "NewYear_NoOpen_Month" and the date specified by "NewYear_NoOpen_Day" are not acquired.
    NewYear_NoOpen_Month [Default value] 1 Required parameter when "NewYear_NoOpen" above is set to "true".
    "1" means January.
    NewYear_NoOpen_Day [Default value] 5 Similar to the above, this parameter is required when "NewYear_NoOpen" is set to "true".
    "5" means 5 days.

    title.jpg



    Sales from :  06/24/2019 21:28
    Purchased :  1 times

    Price: $157.09 (taxed)

    ￥25,000(taxed)

    Provider/Distributor:
    Sales site:
    GogoJungle Co., Ltd.
    GogoJungle

    ●Payment

    Master VISA JCB
    Forward Test
    Back Test
    Sales from :  06/24/2019 21:28
    Purchased :  1 times

    Price: $157.09 (taxed)

    ￥25,000(taxed)

    Provider/Distributor:
    Sales site:
    GogoJungle Co., Ltd.
    GogoJungle

    ●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)