RandomGOGO

Betting Trade Study GroupRandomGOGO" is now available, customized for GogoJungle from the EA provided by GogoJungle, Inc. RandomGOGO is one of the betting systemsEAs that incorporate Monte Carlo methods into their tradingThis will be the case. Both sides of the trade will be traded, but each side will buy and sell independently, and the trading volume will be controlled based on the Monte Carlo method.

Market forecasting is unnecessary

Many analysts and traders are nervous about guessing the ups and downs, but market forecasts come and go. No one can predict the market. The only thing that is certain is that the market is always a series of one-half outcomes that will either go up or down after a certain time. To win in the market, it is not necessary to predict ups and downs, as in the casino winning method, but the important thing is lot control. RandomGOGO is,EA that eliminates technical analysis and is not influenced by market trendsThe first two are the following.

What is a betting system?

Although introduced to the public as a casino winning method, a betting system is a strategic betting method that has been studied for over 400 years. Some of the most famous are the martingale method, the parlay method, and the Kokomo method. RandomGOGO uses the Monte Carlo method among them. The Monte Carlo method, like the Martingale method, is one of the incremental investment methods.Incremental investment method is a method of increasing the volume of transactions based on rules every time you lose.This is the case with the Monte Carlo method. Unlike the martingale method, the Monte Carlo method is not a method of simply doubling up and recovering losses with a single win, but rather a method of gradually recovering losses while also gently increasing the volume of transactions.

● Drawdowns are available for profit.

No one knows if you will lose or win in a row. What is important is how one recovers profits when one loses in a losing streak. The incremental investment method tends to be considered a disadvantage because the trading volume and losses increase when there are consecutive losses. However, considering its original strategic meaning, the incremental investment method is a method that is more powerful when this drawdown occurs and can be expected to recover quickly. As you can see from the back test of RandomGOGO as well,Several times a year, drawdowns occur due to market fluctuations.You can see that Both are recovering. As with the market being a series of halves, it does not keep moving in only one direction. It will rise and fall at any point in time.

Adaptable to any market conditions by using both sides of the instrument.

Since the trader has both buy and sell positions, the buy side makes a profit and the sell side makes a loss during an upturn, gradually increasing the volume of trades. When the market turns down from an uptrend, a small decline in the market will allow the buyers to recover their losses because of the accumulated volume of the sellers' transactions. Conversely, the volume of buying trades increases gradually on the downside.

PF (Profit Factor) is low due to both sides

Since the company always has a buy and sell side, the buy side wins and the sell side loses, and the buy side wins and the sell side loses, the difference in total profit and loss is not immediate, but gradually widens as profits accumulate, and the profit factor (total profit divided by total loss) also increases.

About Monte Carlo Method

This is the method that is rumored to have destroyed the casino in Monte Carlo, Principality of Monaco. Like the Martingale method, it is one of the incremental investment methods. The basic number sequence of the Monte Carlo method is "1, 2, 3. The game is started based on this sequence, and the total number of numbers at both ends of the sequence is bet in each game. If the player loses, the amount wagered in the previous game is added to the right end of the sequence, and if the player wins, the numbers on both ends of the sequence are eliminated two letters at a time. The set ends when the last number is eliminated. When the set is finished, another set is started. RandomGOGO uses the Monte Carlo method to change the volume of transactions based on the winners and losers of each buy and sell. The trading image is as follows

RandomGOGO's trading image

The following is a trading image of the USDJPY rising from 106.00 yen to 108.40 yen, then falling to 102.00 yen, and then switching back to 106.00 yen using RandomGOGO (trading volume = 0.01, T/P, S/L = 80 pips) (The figures below are for illustrative purposes only and do not take into account spreads, slippage, etc.). Spreads, slippage, etc. are not taken into account.) The price will be 106.00 yen at the start of the operation. At 106.00 yen (① in the figure below), the buy position and the sell position are both 0.04 lot. At 107.60 yen (see figure (3) below), the buy position takes profit, at which point the set ends, the trading volume is reset, and a new 0.04 lot is held. The sell position confirms a loss and a new 0.06 lot is held. In this way, each buy and sell position will be traded based on the Monte Carlo method. The table below shows the profit/loss when trading as shown in the above image. During an upturn, the buy position confirms its profit while the loss of the sell position increases, and when the market reverses, the large number of sell positions quickly covers the losses. If the market continues to fall further than at the start, the losses on the buy position will increase, and the trading volume will also increase, but you can see that the market recovers during the subsequent reversal phase. ■■ Backtest data by currency ■■RandomGOGO only supports 3 currencies, "GBPUSD", "EURUSD", and "USDJPY". Back testing was conducted for 5 years based on Alpari's historical data. RandomGOGOGO does not have a designated time leg, so it is performed in M5. ■■ Drawdowns and the market ■■ Let's take a look at a large drawdown based on the GBPUSD backtest. GBPUSD has larger price movements than USDJPY, so while it is possible to aim for profits, the price range tends to move in one direction. The major drawdowns occurred in January and May 2015, when the market fell and rose sharply. However, in January 2015, the buy position suffered a series of losses because it continued to fall with a narrow reversal range at the time of the decline, and in May, the sell position suffered a series of losses because it rose with a narrow reversal range at the time of the rise, resulting in a large drawdown. In May, on the other hand, the sell position suffered a large drawdown due to a narrow reversal on the upswing and consecutive losses. The back-to-back losses resulted in higher trading volume on one side, which was then recovered by a rebound of about half a percentage point. The market has been able to ride out the June 23, 2016, UK withdrawal issue without suffering a major drawdown because of a number of reversals along the way, despite the resulting decline. ＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝ RandomGOGOGO Setup Parameter Settings ＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝There is no entry logic, as all technical and other factors are eliminated based on the belief that market prices do not need to be predicted. Therefore, automatic trading will be initiated no matter which time frame the chart is applied to. Trading results will vary depending on the start time. Initial value: 0.01 (in thousands of currency units) Based on the Monte Carlo method, 0.04 lots will be held for the first time even if set at 0.01. If set at 0.02, 0.08 lots will be held. T/P, S/L (IN_TP_ST)] You can choose from "60 pip", "70 pip", "80 pip", and "90 pip". ＜USDJPY: 80pip EURUSD: 70pip GBPUSD: 80pip [IN_MagicNO (Magic Number)] Default value: 2049 Please be sure to change the value for each other EA and currency pair. If the spread is wider than the set value at the time of entry, the entry will be postponed, and when it becomes less than the set value, the entry will be automatically made. If the spread is set too narrow, the trade will not be executed, so please set the spread according to the standard spread of the currency pair of each company. Default value: True You can select whether or not to close all positions on weekends. Select "True" to close all positions on the weekend, or "False" to carry over positions to the following week. If "True" is selected, the position will be automatically held at the beginning of the week in Tokyo time. Considering the risk at the beginning of the week, the "True" setting is recommended. ----- Loss Control Function ----- This function is different from the loss cut function of FX companies and does not confirm the loss in real time. The loss control function determines the amount of loss at each settlement, and when the loss exceeds the set amount, it can be set to either reset to the initial value (0.04 lot) or stop. The loss reset function (IN_CanReset) Default value: False Select "True" to enable the reset function, or "False" to disable the reset function. When "False" is selected, no other settings are necessary. If "True" is selected, make the following settings for "Amount" and "Processing". If "False" is selected, no other settings are required. When "Reset" is selected, the trading volume is reset to the initial value and trading resumes. When "Stop" is selected, trading is stopped. The loss reset function erases the benefits of the betting system, so "False" setting is recommended. ＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝ Notes, etc. ＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝The information is intended to provide reference information for investment decisions, and is not intended as a solicitation or recommendation for investment. While every effort has been made to ensure the content of the information, we do not guarantee that the content is up-to-date, accurate, safe, or that the EA will operate properly. The results of this EA are past results verified by our company, and are not a guarantee of future profits. The final decision to purchase, use, or invest in this EA shall be made at your own risk, and we shall not be liable for or bear any responsibility or burden for all or part of any damages incurred as a result of such decisions. Foreign exchange margin transactions (FX transactions) do not guarantee principal or profit, and losses may be incurred due to fluctuations in the price of the currency in which the investment is made. Customers are advised to engage in FX transactions at their own judgment and responsibility after having fully understood the investment targets, transaction structure and risks involved. While FX transactions may yield large profits, they may also result in large losses that exceed the amount of money deposited. ◆About Back TestingBacktests are based on historical data from Alpari, and are denominated in yen. Please note that earnings and results may vary depending on the FX company you use. ◆About Both SidesThe system will not operate properly unless the FX company allows both sides of the trade. In order to hold both sell and buy positions, we recommend that you use a FX company that uses the max margin method.