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

Neltora-ネルトラ-

Neltora-ネルトラ- Auto Trading
Expert Advisors
MetaTrader 4
Sales from
12/8/2019
Last Updated At
6/14/2021
Version
5.00
My Profile
MK
  • Whole period
  • 2 years
  • 1 year
  • 6 months
  • 3 months
  • 1 month
Profit
549,661JPY
Profit Factor
1.60
Rate of return risk  ?
0.99
Average Profit
1,453JPY
Average Loss
-7,576JPY
Balance  ?
1,549,661JPY
Rate of return (all periods) ?
39.33%
Win Rate
89.31% (810/907)
Maximum Position  ?
5
Maximum Drawdown  ?
28.30% (553,026JPY)
Maximum Profit
70,245JPY
Maximum Loss
-165,608JPY
Recommended Margin  ?
1,397,540JPY
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
[USD/JPY]
Trading Style
[Scalping] [Day Trading]
Maximum Number Position
10
Maximum Lot
5
Chart Time Frame
M5
Maximum Stop Loss
0
Take Profit
0
Straddle Trading
No
Application Type
Metatrader Auto Trading
Other File Usages
No
■Notices
We'll keep you updated!
■Concept
It is a nanpin EA created with the aim of increasing the win rate and profit rate, and to bring out a performance of more than 100% annual interest rate. It is a dollar-yen EA created by MK that has made it possible to more than double your principal in a short period of time. It is designed to increase profits speedily and can be operated even with a small amount of margin.
Features of Neltora
~High winning percentage~. Neltora is committed to the fundamental principle of Forex investment, which is to take positions "only at the points where you are likely to win". Therefore, during the 14 years of back-testing from January 2007 to May 2021, the following results were obtainedWinning percentage is 83.52The results are shown in Table 1. Average winning streak is 10 times andaverage losing streak is 2 times The results are shown in the table below. ~High Profit Factor~. The profit factor is calculated by dividing the total profit by the total loss, i.e., the larger the profit earned is, the higher the profit factor. Generally, a profit factor of 2.0 is considered excellent. Neltora has a 2.03However, the profit factor is 2.0. This EA specializes in making profits while also focusing on minimizing losses as much as possible. ~High Winning Streak Logic~. The highest number of consecutive wins in backtesting over the past 14 years is 40 times The highest number of consecutive wins in the past 14 years of back-testing is 1.5 times. The reason why we were able to create the high winning streak logic is the result of our thorough chart analysis of the 5-minute US dollar-yen chart. By grasping the characteristics of the 5-minute dollar-yen chart and accurately entering and closing trades, we were able to achieve not only a high winning rate but also a high number of consecutive wins. In addition, there are many automated trading systems that repeat winning and losing frequently, but those who are entrusted with the trading operations are concerned when there is a losing streak. The logic is designed to have few losses to begin with, and since it is difficult for losses to continue, it is mentally easy for traders. ~Simple Logic The trading logic, which boasts a high winning rate, a high winning streak, and a high profit factor, is extremely simple. The simple logic makes it easy to generate entry points so that you can make a profit immediately after introducing the system. ~Supports small margins and high spreads~. The recommended margin is 300,000 yen per 1,000 currency lots, and the EA can operate stably even with a spread of 2 pips. For those who are thinking of trying Forex or those who do not have a lot of surplus funds available, it is a challenge to prepare several million yen in margin. For first-time FX traders, I think it is just right to start with a few hundred thousand yen, so that you can make a profit with a solid amount even with a low recommended margin. In addition, the program is designed for a spread of up to 2 pips, so it is a stable profitable logic in this respect as well.
■Back-test verification results
Back-test verification is conducted on a 14-year USD/JPY chart from January 1, 2007 to May 4, 2021. Chart data is real tick data, using TickStory, which has a monitoring quality of 99.9%. Since real tick data is used, backtesting is conducted onAn environment as close as possible to the actual market environment We back-test our charts with the same back-tested data as the real tick data. Since each broker has different spreads, leverage, etc., we have tested with OANDAJAPAN with 25x leverage, so you can be sure that it is close to your environment. OANDAJAPAN
Frequently Asked Questions
Q1: Can I use any broker? A1: It can be used regardless of whether it is domestic or international, and regardless of server time. Q2: Can I use it with any currency pair and time frame? A2: It can be used without any errors. However, since it is tuned for 5-minute USD/JPY, if you wish to use it for other currency pairs or time frames, please do your own back-testing and verify the results at your own risk. Q3: What kind of spread do you expect? A3: We assume a spread of 2.0 pips. Of course, if you use a narrower spread, you can expect better results than in the published back test. Q4: Is there a weekend position carryover? A4: Due to the nature of the logic, there is a possibility of holding positions across days. However, by maintaining a good balance between the recommended margin and the number of lots, stable operations are possible. In addition, since we expect to trade long dollar-yen positions, we believe that positive swap points will also be generated, leading to further profit improvement. Q5: Is it necessary to change the settings for summer and winter time? A5: No need. Q6: Can the margin be less than the recommended amount? A6: You can use less than the recommended amount. However, the minimum lot size we assume is 0.01 lot (1000 currency), so if you want to start with less money, we would appreciate it if you use a broker that allows trading in less than 1000 currency. Q7:Is it possible to use one account in combination with other EAs or with discretionary trading? A7: Since Neltora is a nanpin EA, it is expected to improve profits more stably if a certain amount of effective margin remains. It is possible to use Neltora together with other EAs and discretionary trading within the same account, but there is a possibility that holding positions with other EAs or discretionary trading will reduce the effective margin, so we recommend that you use a dedicated account. Q8:Does it work with dollar-denominated accounts? A9: You can also operate with a dollar-denominated account. However, the performance of a dollar-denominated account will be somewhat lower than that of a yen-denominated account for safety reasons, due to the increase or decrease in value caused by the exchange rate. Therefore, we recommend that you operate in a yen-denominated account. Q9:What are the recommended margin and lot size? A9:Neltora's recommended initial margin is 0.01 lot (1,000 currencies) per 300,000 yen.
Sales from :  12/08/2019 12:49
Purchased :  41 times

Price: $123.51 (taxed)

¥20,000(taxed)

Provider/Distributor:
Sales site:

Payment

Master VISA JCB
Forward Test
Back Test

Sales from :  12/08/2019 12:49
Purchased :  41 times

Price: $123.51 (taxed)

¥20,000(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)