NY SunSet

Can you leave that EA alone for a month or two?"
Can it continue to operate stably even in a rough market like the new coronavirus crisis?
"Do you check the MT4 application several times a day to check the status of the EA?"

If you are already operating an EA for MT4 and have at least one EA in mind, you may be in a situation where you are being pushed around by the EA without even knowing it. Although the EA trades automatically, it is not really automated trading if you are constantly being asked to perform frequent maintenance, constantly at risk of sudden drawdowns, or frustrated by the EA's movements. EAs are controlled by the investor and are perked. The new EA "NY SunSet," which we will start selling this time, promises stable trading by simply leaving us undisturbed. There is no need to stop and restart it according to the market, adjust the lot, or worry about losing a lot of money. Like the New York sunset from which the EA takes its name, we trade once every day at the same time of day as a matter of course, and aim to accumulate profits over the long term while preventing major losses.

Just "don't stop," but this is hard to do.

What do you think is the main reason why EA operations fail? Low quality EAs are out of the question, and of course, you must be operating "EAs that should win". It is "giving up in the middle. In other words, it is "human intervention in the middle. This is true not only for EA operation but also for discretionary trading, but since market developments are constantly changing, there is no way that one method or one person's trading technique will remain stable and effective. There will always be developments that you are good at and developments that you are not good at. And it is unlikely that anyone would suddenly stop trading when they are winning at the top of their game. On the other hand, everyone has at one time or another stopped their operations because they lost heart when their assets were decreasing or in a losing streak. Yes, we don't stop when we are winning, but we stop when we are losing. This is the reason why we cannot increase our assets in the long term. In the market world, there are times when you win in a row and times when you lose in a row, and this is the same for both EAs and discretionary trading. If you get an EA or a method that is above a certain quality, the best strategy is to simply not stop. The NY SunSet is a

is being done throughout.

Unless it's an EA that doesn't freak out in a corona market.

Whether it is EA operation or discretionary trading, the most likely time to lose big is when the market suddenly starts to move. Many of you may have experienced large drawdowns or forced losses during the new Corona market in March 2020, which is still fresh in your memory. Such a big loss makes it difficult to recover financially and mentally, and is a factor that prevents you from continuing to trade FX. That is why NY SunSet has devised various measures to prevent losing even if a big market suddenly comes.

NY SunSet does not make more than one trade per day, buying or selling more than one lot. It trades almost once a day with the same lot. In other words, it is a fast-paced EA. Big losses in Forex often occur when you make unintentional big wins. When you increase the lot size in search of more profit, or when you aim to fight back with multiple positions to make up for a loss, you can lose a lot of money if your intentions are off. NY SunSet does not take these unintentional big bets, so you will not lose all of your money in a short period of time.

There is a factor that makes it easier to lose a lot more than lot growth. It is the pattern of chasing unbearable drawdowns as a result of not cutting losses and leaving losses unattended. This is exactly the same in discretionary trading. Cutting losses and getting out of the game before the wound widens is essential to keep trading stable. NY SunSet prevents you from losing half of your assets in one shot, as there is always a stop loss on any trade.

NY SunSet is an EA that observes the NY market at a fixed point and only makes entries when it sees an opportunity during the closing hours of the NY market (midnight to early morning in Japan). It does not follow the trend, but simply trades according to the rules, no matter how the market develops. This is the reason why we did not have a major collapse even in the Corona market.

When operating EAs on MT4, it is fundamental to select EAs with good back-test results. However, you should be wary of "EAs with too good back-test results. This is because it is very easy to make the profit/loss curve of the backtest go up beautifully. The backtest results are only an afterthought to apply the logic to the past market price. Therefore, if you adjust the parameters of the trading conditions to an unnatural level, you can find a "setup that was unnaturally winning. The unnatural settings found in this way are merely "settings that worked perfectly only in past markets," and whether they can be applied to future markets is a different story. This excessive optimization of trading logic and settings for past markets is called "curve fitting. NY SunSet does not perform this type of curve fitting. The profit/loss graph below is the back-test result of the market from 2017 to 2020, and it looks pretty bumpy, doesn't it?

This amount of play is just right. If there is no play at all, the graph is beautiful, but a slight change in the current market trend from the past trend will result in completely different trading results. If you make a mistake, you could lose a lot of money. NY SunSet's logic is not curve fitting and is a natural result, so there is a high likelihood that you will be able to use it for a long time.

The above backtest results are from February 1, 2020 to April 21, 2020. Despite the once-in-a-decade tumultuous market due to the new coronavirus scare, the market remained profitable with a PF of 1.36. PF: Profit Factor. It is obtained by dividing the total profit by the total loss. If it exceeds 1, the company has a positive balance. I believe this is the result of the NY SunSet's stability, which has been explained up to this point, being fully demonstrated.

NY SunSet is conscious of making the burden on you, the user, as light as possible. Some of the reasons you won't lose a lot of money are

Only one position and one trade per day
Always put a stop loss to prevent a single drawdown.
Regularly scheduled entries that are not affected by the market's development
No over-optimization, so it can respond to drastic changes in the market.

We have picked up four reasons for this. At the same time, these provide operational stability. As a result, NY SunSet can be operated in a "quasi-left-alone" manner. Since the operation has a sense of stability and does not become an emergency so easily, it is enough to check the situation a few times a week. Although we do not go so far as to leave it completely unattended, there is no need for us to be involved in the process. Less maintenance is easy, first of all, simply because there are fewer operations. In addition to that, it reduces the probability of humans doing anything unnecessary. As we have said many times, the only thing that can hinder the success of EA operation is quitting midway, but it is usually humans who make that decision. Often, a good EA operation goes off the rails because humans do things they don't want. NY SunSet's quasi-left-alone approach prevents excessive human interference.

So far, I have mainly explained the stability and defensiveness of the NY SunSet. You have seen that it is indeed stable and does not collapse easily even in large markets, and that it can be left alone for the most part. But that alone just means that it is a docile EA. If it is not only defensive but also offensive, it will not be useful for asset building. Here we will see how much earning potential NY SunSet has.

Here are the backtest results for NY SunSet running from 2005 to April 2020. You can see that the assets have been growing steadily and steadily, with a few acceptable drawdowns. First of all, the minimum requirement for operating the EA is that the past backtest results show a steady increase in assets, so this point is well met. So how much did this EA win?

The initial capital is $1,000 (about ¥1,100,000), and the total profit from 21 years of back-testing is $57860.65 (about ¥6,200,000), so the company wins ¥6,200,000 over 21 years. Also, the fund at the end of the period is $67860.65 (7,300,000 yen), which means that the fund has increased about 7 times. How much do you think this 7-fold increase in funds is worth? If this is the salary you would have earned working 8 hours a day, Monday through Friday, full time for 21 years, unfortunately, it is cheap. Our labor costs are not that cheap. But if you can make this much money with a quasi-leased operation that you set up initially and check in on occasionally, it's not a bad profit, is it? Furthermore, this profit is a simple-interest operation; you can increase the lot by reinvesting the profits generated by NY SunSet or by investing the rewards of your labor. This way, you will be able to accelerate your asset growth even more.

We have shown the potential of the NY SunSet, which can indeed manage assets even when left alone, but let's dig deeper into the features of this EA.

The back-testing period is from January 1999 to April 2020, so roughly 21 years and 4 months. Assuming 250 weekdays per year, that is 5333 business days. Dividing the total number of trades (3425) by 5333 yields 0.64, or 0.64 trades per day, which is an average of just over 3 trades per week.

With a win rate of nearly 70%, there are far more days when we win than when we lose, so there is less mental strain.

The maximum winning streak based on 21 years of back-testing is 17 and the maximum losing streak is 8. It is important to be aware that both winning and losing streaks can occur to this extent.

Notice that it has never had a buy trade.NY SunSet is an EA that specializes in selling Eurodollars.

We have shown the potential of the NY SunSet to indeed manage assets even when left alone, but let's dig deeper into the features of this EA.

Magic Number. If you want to run other EAs on the same MT4 at the same time, you need to change the magic number to avoid mixing up the results. Note that only one-byte numbers can be used.

Number of lots traded. 0.01 = 1000 currency 0.1 = 10,000 currency 1 = 100,000 currency

This is the allowable spread. If the spread is wider than this number, the entry will be forfeited. Basically, the smaller the spread, the better your results will be, but at the same time, the fewer trades you will make. Also, if the spread is narrower than the basic Eurodollar spread offered on the account, no trades will occur at all.

You can decide whether or not to trade during the New Year's holiday; Work means continue, and Stop means take a break. This setting does not make much difference to the results, so you can decide according to your preference.

Q.What kind of market do you specialize in?

It is an all-round type EA. It moves stably in any market, but is especially good at the range market. Of course, it can aim at the profit enough even in the trend market.

Q.What kind of market do you have difficulty with?

There is no market that I am not good at.

Q.Which currency pairs do you move?

Optimized for the Eurodollar (EURUSD).

Q.Is it OK for a beginner in automated trading?

To avoid confusion even for first-time automated traders, the number of setting items has been kept to a minimum. This EA is suitable for beginners.

Q.If the fund is 500,000 yen, what is the appropriate number of lots?

Starting with 0.4 lots (40,000 currency) would be a good balance between profit and risk. Of course, if you want to avoid risk before you know how the EA works and get used to it, you can start with the smallest lot (0.01 = 1000 currency for most MT4 accounts).

Q.What is the minimum amount of money to start with for 1000 currency?

12,000 yen must be deposited. There is a good reason for this amount: the highest price of the dollar in the 15 years since 2005, which determines the price of the Eurodollar, is about 126 yen. Multiply this by 100, divide by 25, and add the maximum drawdown, and you get just under 12,000 yen, which is more than enough for this fund.

Q.Which MT4 account do you recommend?

Operate in an account with a narrow Eurodollar spread. Specifically, the following are good choices Saxo Bank Securities OANDA JAPAN Foreign Exchange Finest FOREX EXCHANGE

Q.Which VPS do you recommend?

Name.com is a good choice because it is easy to set up initially and is inexpensive. Choose a plan with 2 GB or more for stable operation.

Q.Is there any usage you do not recommend?

As I mentioned at the beginning, do not stop immediately. It is designed to last as long as possible, so don't stop at economic indicators, don't carelessly raise or lower your lot, and don't get too happy or sad about your wins or losses; keep it running for six months, one year, three years, or five years. The basic rule is to take it easy and not to panic.

Q.How much can I lose?

As I mentioned at the beginning, do not stop immediately. It is designed to last as long as possible, so don't stop at economic indicators, don't carelessly raise or lower your lots, and don't get too happy or sad about your wins or losses; keep it running for six months, one year, three years, or five years. The basic rule is to take it easy and not to panic. The data here are back-test results from January 2, 2017 to April 21, 2020. It is tested with a fund of $1,000 (about 1,100,000 yen) and 10,000 currency trades. What you should notice is the maximum drawdown, which is $180.90 (about 20,000 yen), so the trough (drop) is about 20,000 yen worth of assets at the time of the most asset loss during this period of operation. Also, the relative drawdown is 1.78%, which is a percentage of the overall depth of the deepest trough, which is less than 2% deep. In other words, the 4.5-year backtest results show that NY SunSet is designed to rarely lose big.

Operating an EA is not about making a lot of money or losing a lot of money in a very short period of time. This is speculation. Of course, speculation itself is not wrong. But it is not realistic for ordinary office workers, housewives, and so-called dual-income traders to continue to face the market while winning and losing heavily. It is mentally draining to be trading in and out of the market, and there should be no time to do so in the first place. NY SunSet aims to help create an environment where even such "ordinary people" can challenge asset management slowly and with peace of mind. In the world of human-to-human investment, even God cannot win all the time, but anyone should be able to grow his/her account slowly while winning and losing. NY SunSet is for those who think so. Of course, NY SunSet is not a non-powerful EA that can win only a little, but it has the potential to increase your money 7 times in 21 years of single interest operation. I would like to recommend NY SunSet to a wide range of investors, including those who are new to EA operation, those who are already proficient in EA operation, and those who have already achieved results in discretionary trading.

JMTA, which developed and provides this EA, stands for Japan Market Technical Association. With the exception of a very small number of administrative staff members, all of the members of the association have a certain status and experience in the investment world. In other words, we are a group of industry people who have reached greatness in the middle of their careers. Because of this, unlike when I was young, it has become very difficult for me to put my name and face out there. But now that I am here, there are many things I would like to tell you and would like you to know. That is why we have created this kind of association, which allows us to freely disseminate information, develop and provide EA, etc., without worrying about our position. Who are these people? I know some of you may be thinking, "Who are these people?