BlueRose GBP/JPY
- Whole period
- 2 years
- 1 year
- 6 months
- 3 months
- 1 month
Forward testing (Profit)
Monthly Statistics
- Jan
- Feb
- Mar
- Apr
- May
- Jun
- Jul
- Aug
- Sep
- Oct
- Nov
- Dec
Calendar for Months
About EA's Strategy
Translating...
This is an explanation by GOGOJUNGLEBLUEROSE
One-position
Multiple positions will inevitably violate the rules
What you should look at in backtests is how much 1,000,000 yen increases
The revenue from multiple positions is initially low
ExampleIf it's Blue Rosewith an initial investment of 300,000 yen over 10 years, it becomes 3,000,000 yen
Multiple positions cannot withstand 10 years
What may break tomorrow is multiple positions
The market is not a game of cards
Don't gamble with Las Vegas chips
Please trade based on market logic
If you buy 100 EA with multiple positions
Buy 1 of this EA
Compounding reduces the probability of ruin significantly
Even with 100,000 yen, you can avoid ruin with compounding
4. Estimated improvement due to spread differences
In BlueRose's official forward, 2,801 trades were made in an environment with a spread of 30 (3.0 pips). Here, we simply calculate the difference if the same 2,801 trades were conducted with a narrower spread.
For 1.0 lot, 1 pip in GBP/JPY is calculated as about 1,000 yen. For example, if the spread reduces from 30 to 10 (a 2.0 pip improvement), the difference per trade is about 2,000 yen, and the difference over 2,801 trades is about 5,602,000 yen.
| Trading lot | Spread 20 (1.0 pip improvement) (1.0 pip improvement) |
Spread 15 (1.5 pip improvement) (1.5 pip improvement) |
Spread 10 (2.0 pip improvement) (2.0 pip improvement) |
|---|---|---|---|
| 1.0 | +3,201,000 yen | +4,201,500 yen | +5,602,000 yen |
| 0.5 | +1,405,005 yen | +2,107,five0 yen | +2,801,000 yen |
| 0.1 | +281,010 yen | +421,50 yen | +562,00 yen |
| 0.01 | +28,010 yen | +40,15 yen | +56,020 yen |
Formula: number of trades 2,801 × pips improvement × profit/loss per pip
5. Points to note when looking at estimates
- 7,037,700 yen is not a confirmed value verified by re-backtesting. It is an approximate value adjusted only for spread differences.
- If the spread changes, entry prices, exit prices, SL/TP reachability, and some trade results may also change.
- Actual spreads are not fixed and vary with market timing and liquidity.
- This estimate does not include slippage, trading fees, or swap points.
- To make a precise comparison, backtest again with the same historical data under spreads 10, 15, 20, and 30.
Summary
BlueRose's official forward has made 2,801 trades over about 7 years, with net profit of 1,435,700 yen and a profit factor (PF) of 1.03.
The spread of 30 in this operating environment corresponds to 3.0 pips, which is 2.0 pips wider than the spread 10 used in the backtest. Since 1.0 pip is about 1,000 yen for 1.0 lot, assuming all 2,801 trades were conducted with spread 10, the cumulative difference would be about 5,602,000 yen.
If you simply add this difference to the current net profit of 1,435,700 yen, the estimated net profit becomes about 7,037,700 yen.
Of course, this amount is a rough estimate based only on spread differences and does not guarantee actual results. However, it shows that the reason BlueRose’s revenue did not grow could be due not only to the trading logic but also to the impact of wide spreads accumulating over a large number of trades over a long period, which requires thorough testing.
View BlueRose GBP/JPY official page
Created: July 21, 2026. Public results vary, so numbers at the viewing time may differ.
This document is a rough estimate based on historical public data. It does not guarantee future profits or performance.
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BlueRose can yield different profits depending on the trading environment Spread-based operation results since release on June 21 |
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Comparison results Net profit with spread 1.0 pips is about 6.44 million yen Compared to net profit of about 0.99 million yen with spread 2.9 pips, the profit difference is about 5.45 million yen and the profit amount is about 6.5 timeshigher |
| Even with the same BlueRose, the final profit varies greatly depending on the spread incurred at trade time. Below is an approximate result based on reading the final point of the graph with an initial capital of 10,000,000 yen. |
| Comparison items | 10-point environment | 29-point environment |
|---|---|---|
| Actual spread | 1.0 pips | 2.9 pips |
| Initial capital | 10,000,000 yen | 10,000,000 yen |
| Final balance | Approximately 16,440,000 yen | Approximately 10,990,000 yen |
| Net profit | Approximately +6,440,000 yen | Approximately +990,000 yen |
| Approximately 6.5x | Baseline |
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Net profit comparison graph Compare profits with 1.0 pips environment as 100% |
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1.0 pips 10 points |
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Profit difference: about +5,450,000 yen In a 1.0 pips environment, the profit is about 5.45 million yen higherthan in a 2.9 pips environment. |
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Why such a large difference occurs Spread is the trading cost incurred each time you buy or sell. A small difference per trade adds up when you have nearly 3,000 trades. In this comparison, improving the spread from 2.9 pips to 1.0 pips increased net profit from about 990,000 yen to about 6,440,000 yen. To maximize BlueRose's profitability, it is extremely important to choose not only the EA performance but also a trading environment with low spreads. |
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Difference in trading costs changed BlueRose's profits by about 6.5x Net profit in the 1.0 pips environment isapproximately 6,440,000 yen. Difference from the 2.9 pips environment isapproximately 5,450,000 yen. |
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Note: In MT4 terminology, 10 points for GBP/JPY equals 1.0 pips, and 29 points equals 2.9 pips. Initial capital is assumed to be 10,000,000 yen. Final balance and net profit are rough estimates read from the scale and the final point of the displayed asset curve. Actual trading results may differ due to variable spreads, fill conditions, slippage, fees, and swaps. Backtest results do not guarantee future profits. |
Price: $144.38 (taxed)
¥23,000(taxed)
●Payment
Sales from : 06/21/2019 01:30
Price: $144.38 (taxed)
¥23,000(taxed)
●Payment
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)
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.
・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.
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.
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.
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.
→ Items to Check When EA is Not Operating
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.
・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)
・MT4 Beginner's Guide
・Understanding System Trading Performance (Forward and Backtesting)
・Choosing Your First EA! Calculating Recommended Margin for EAs
・Comparing MT4 Accounts Based on Spread, Swap, and Execution Speed
・What is Web Authentication?
・Checklist for When Your EA Isn't Working
