みすじ
Expert Advisors
MetaTrader 4
Sales from
5/27/2020
Last Updated At
3/29/2021
Version
2.17
My Profile
es- Whole period
- 2 years
- 1 year
- 6 months
- 3 months
- 1 month
Profit
:
97,752JPYProfit Factor
:
1.26Rate of return risk
?
:
1.1Average Profit
:
823JPYAverage Loss
:
-2,040JPYBalance
?
:
1,097,752JPYRate of return (all periods) ?
:
37.10%Win Rate
:
75.68%
(588/777)
Maximum Position
?
:
1Maximum Drawdown
?
:
31.24%
(88,994JPY)
Maximum Profit
:
9,729JPYMaximum Loss
:
-11,238JPYRecommended Margin
?
:
263,449JPYUnrealized P/L
:
0JPYDeposit
?
:
1,000,000JPYCurrency
:
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
[GBP/USD]
Trading Style
[Scalping]
[Day Trading]
Maximum Number Position
1
Maximum Lot
100
Chart Time Frame
M15
Maximum Stop Loss
65
Take Profit
0
Straddle Trading
No
Application Type
Metatrader Auto Trading
Other File Usages
No
Sales have been suspended due to no new purchases for about six months.
Thank you for viewing our products.
This is a scalping EA for GBPUSD in a trending market.
This is a scalping EA for buying on the push side and selling on the return side in the GBPUSD trend market.
It has been back-tested since 2003 and has achieved a steady increase in profit.
It is a royal road to buy and sell at the push point and return to the market.
I think it is EA that can be used in the long term.
Back Test Result
On a year-to-year basis.
It has been since 2003 and has won all of its annual units.
The above backtest was conducted using DukasCopy's variable spread.
The above backtests were conducted in an environment that is closer to the real world.
The EA is quite sensitive to spreads, so it is recommended to use an EA with narrower spreads than DukasCopy.
Therefore, using a vendor with narrower spreads than DukasCopy
(Probably, the average spread of DukasCopy's GBPUSD is higher than that of DukasCopy.
(Probably, the average spread of GBPUSD on DukasCopy is about 1.1)
Also, you can use other currencies such as EURUSD, AUDUSD, Nikkei, etc.
Just by changing the values of the internal parameters
The logic is designed to realize a steady increase in profits over a long period of time by simply changing the internal parameter values.
Therefore, we believe that this EA has a high possibility to generate profit in the long term.
(We are only exhibiting GBPUSD, which has particularly excellent results.)
Logic Details
This EA operates from 2:00 to 9:00 and 11:30 to 22:00 Japan time. (For standard time)
When there is a trend.
When it goes too far against the trend
When the trend has gone too far against the trend, buy at the push point and sell on the return.
(Chart is for 15 minutes)
Settlements are closed early in the day.
Sometimes, you can get about 10 pips 4~5 times in a few hours.
Also, the SL is set at 65, which is
The SL is set at 65, which is relatively shallow for this type of EA.
The SL is relatively shallow for this type of EA.
I think it is easy to use from a mental standpoint.
Parameter list
The parameters of this EA are as follows.
At first glance, the number of parameters may seem large.
Basically, there is no problem if you set only the 4 parameters shown in the red frame.
MagicNumber Magic Number Please enter a number that is different from the magic numbers of other EAs, as it identifies the EA.
GMTOffset_SummerTime GMT offset (GMT offset for summer time)
StartHour Trade start time (hour)
StartMinut Trade start time (minutes)
EndHour Trade end time (hour)
EndMinute Trade end time (minute)
IsSummerTime Whether or not the trade is in the summer time period.
If false, the AsiaTimeFilter_StartHour and AsiaTimeFilter_EndHour times are set to -1. (To fix the AsiaTimeFilter time to the year)
Use_AsiaTimeFilter Whether the time filter for Asia Time is used or not. if true, no trade will be made during the time.
AsiaTimeFilter_StartHour Start time of AsiaTimeFilter (hour)
AsiaTimeFilter_StartMinute AsiaTimeFilter start time in minutes
AsiaTimeFilter_EndHour AsiaTimeFilter end time (hour)
AsiaTimeFilter_EndMinute AsiaTimeFilter end time (minutes)
Use_NETimeFilter Use_NETimeFilter If true, no trades will be made during this time period. （If true, no trades will be made during the hour.)
NETimeFilter_StartHour Start time of NETimeFilter (hour)
NETimeFilter_StartMinute Start time of NETimeFilter (minutes)
NETimeFilter_EndHour NETimeFilter end time (hour)
NETimeFilter_EndMinute NETimeFilter end time in minutes
StartMondayHour Monday start time (hour) Monday starts at this time.
EndFridayHour Friday end time (hour) Friday will trade until this time.
Use_CloseFriday Whether Friday forced close is used or not. If there is a position, it will be closed at the following time. This is used to prevent positions from being carried over from the weekend.
CloseFridayHour Time of forced close on Friday (hour)
CloseFridayMinute Friday close time (minute)
StartDayOfYear Start day of January
EndDayOfYear End date of December
JPYAccount Whether JPY account is used or not. Used to calculate the lot size when Use_MM below is used.
If set to false, the lot size will be 100 times larger than if set to true.
Use_MM Whether or not the number of lots is set according to the surplus margin.
Risk Effective when Use_MM = true. Percentage of lots to excess margin.
Example: If Risk 10 is set and the margin is 1 million, 1 lot is ordered (when JPYAccount = true).
FixedLots Valid when Use_MM = false. Number of lots ordered
SlippagePips Slippage (pips)
Use_EntryMaxSpread Whether spread filter is set or not for entry.
EntryMaxSpread The value of the spread filter for entry. If the spread is greater than this value, no entry is made (point).
Use_CloseMaxSpread The value of the spread filter at the time of settlement.
CloseMaxSpread The value of the spread filter at settlement. If the spread is greater than this value, no entry is made (point)
SLPips Stop loss (pips)
Use_StealthSL Stealth SL: If set to true, no SL will be placed, but if the loss is greater than the SL, the trade will be closed.
By not placing the SL, it prevents the spread from being covered by the SL when the spread widens.
Use_SafetySL Enabled when StealthSL is set to true. In case StealthSL does not work due to server errors, etc., SL is left in place.
AddPipsSafetySL Used to determine the price of SafetySL, placing the SL farther than SLPips by this value. (pips)
Comment Comment
Use_Comment Whether or not to show comments on the chart, setting it to false speeds up the backtest.
The following is valid only for backtest (for those who want to validate with backtest)
Use_SummerTimeAdjustAsiaTimeFilter For standard time, the AsiaTimeFilter time is set to -1 (to fix Asia time for the year).
After the switch to standard time (winter time) in October/November 2020, the time will always be -1.
SummerTimeChangeDate_EU_0_US_1 Summer time change date. 0 for European standard time, 1 for US standard time.
Others.
When the EA is applied to the chart
The trade time, number of lots, etc. are displayed on the chart.
This is useful for preventing input errors.
The trade time is the time after applying GMTOffset = the time corresponding to your MT4 server.
The trade time is the time that corresponds to your MT4 server.
Thank you in advance for your cooperation.
*The determination of the day of the week, such as Monday start time and Friday forced settlement, and the determination of the dates for January start and December end are based on the time of your MT4 server.
The time of the MT4 server you are using is used as the standard.
Therefore, some companies that use GMT0 or GMT+9 may not be able to support these times.
We only check the operation of vendors using GMT+2 standard time and GMT+3 daylight saving time.
Set "IsSummerTime" to "false" when the standard time (winter time) is set.
IsSummerTime must be set to "true" when the standard time (winter time) changes to summer time.
Otherwise, the time must be set to any other time throughout the year.
Otherwise, there is no need to change the time settings throughout the year.
*Trailing stops may be triggered.
It is assumed that the performance will be slightly lower for firms that have a stop level set.
(Profit drops from 6,003 to 5,990 when the stop level is set from 0 to 20 on the backtest)
It is not impossible to close a trade because it will close outside of a trailing stop.
*If you set IsSummerTime to true and Use_SummerTimeAdjustAsiaTimeFilter to true for the back test
AsiaTimeFilter can be set to 9:00-11:30 throughout the year.
Please note that other currencies and the Nikkei are not supported, and there are no plans to support them at this time.
On a year-to-year basis.
It has been since 2003 and has won all of its annual units.
The above backtest was conducted using DukasCopy's variable spread.
The above backtests were conducted in an environment that is closer to the real world.
The EA is quite sensitive to spreads, so it is recommended to use an EA with narrower spreads than DukasCopy.
Therefore, using a vendor with narrower spreads than DukasCopy
(Probably, the average spread of DukasCopy's GBPUSD is higher than that of DukasCopy.
(Probably, the average spread of GBPUSD on DukasCopy is about 1.1)
Also, you can use other currencies such as EURUSD, AUDUSD, Nikkei, etc.
Just by changing the values of the internal parameters
The logic is designed to realize a steady increase in profits over a long period of time by simply changing the internal parameter values.
Therefore, we believe that this EA has a high possibility to generate profit in the long term.
(We are only exhibiting GBPUSD, which has particularly excellent results.)
Logic Details
This EA operates from 2:00 to 9:00 and 11:30 to 22:00 Japan time. (For standard time)
When there is a trend.
When it goes too far against the trend
When the trend has gone too far against the trend, buy at the push point and sell on the return.
(Chart is for 15 minutes)
Settlements are closed early in the day.
Sometimes, you can get about 10 pips 4~5 times in a few hours.
Also, the SL is set at 65, which is
The SL is set at 65, which is relatively shallow for this type of EA.
The SL is relatively shallow for this type of EA.
I think it is easy to use from a mental standpoint.
Parameter list
The parameters of this EA are as follows.
At first glance, the number of parameters may seem large.
Basically, there is no problem if you set only the 4 parameters shown in the red frame.
MagicNumber Magic Number Please enter a number that is different from the magic numbers of other EAs, as it identifies the EA.
GMTOffset_SummerTime GMT offset (GMT offset for summer time)
StartHour Trade start time (hour)
StartMinut Trade start time (minutes)
EndHour Trade end time (hour)
EndMinute Trade end time (minute)
IsSummerTime Whether or not the trade is in the summer time period.
If false, the AsiaTimeFilter_StartHour and AsiaTimeFilter_EndHour times are set to -1. (To fix the AsiaTimeFilter time to the year)
Use_AsiaTimeFilter Whether the time filter for Asia Time is used or not. if true, no trade will be made during the time.
AsiaTimeFilter_StartHour Start time of AsiaTimeFilter (hour)
AsiaTimeFilter_StartMinute AsiaTimeFilter start time in minutes
AsiaTimeFilter_EndHour AsiaTimeFilter end time (hour)
AsiaTimeFilter_EndMinute AsiaTimeFilter end time (minutes)
Use_NETimeFilter Use_NETimeFilter If true, no trades will be made during this time period. （If true, no trades will be made during the hour.)
NETimeFilter_StartHour Start time of NETimeFilter (hour)
NETimeFilter_StartMinute Start time of NETimeFilter (minutes)
NETimeFilter_EndHour NETimeFilter end time (hour)
NETimeFilter_EndMinute NETimeFilter end time in minutes
StartMondayHour Monday start time (hour) Monday starts at this time.
EndFridayHour Friday end time (hour) Friday will trade until this time.
Use_CloseFriday Whether Friday forced close is used or not. If there is a position, it will be closed at the following time. This is used to prevent positions from being carried over from the weekend.
CloseFridayHour Time of forced close on Friday (hour)
CloseFridayMinute Friday close time (minute)
StartDayOfYear Start day of January
EndDayOfYear End date of December
JPYAccount Whether JPY account is used or not. Used to calculate the lot size when Use_MM below is used.
If set to false, the lot size will be 100 times larger than if set to true.
Use_MM Whether or not the number of lots is set according to the surplus margin.
Risk Effective when Use_MM = true. Percentage of lots to excess margin.
Example: If Risk 10 is set and the margin is 1 million, 1 lot is ordered (when JPYAccount = true).
FixedLots Valid when Use_MM = false. Number of lots ordered
SlippagePips Slippage (pips)
Use_EntryMaxSpread Whether spread filter is set or not for entry.
EntryMaxSpread The value of the spread filter for entry. If the spread is greater than this value, no entry is made (point).
Use_CloseMaxSpread The value of the spread filter at the time of settlement.
CloseMaxSpread The value of the spread filter at settlement. If the spread is greater than this value, no entry is made (point)
SLPips Stop loss (pips)
Use_StealthSL Stealth SL: If set to true, no SL will be placed, but if the loss is greater than the SL, the trade will be closed.
By not placing the SL, it prevents the spread from being covered by the SL when the spread widens.
Use_SafetySL Enabled when StealthSL is set to true. In case StealthSL does not work due to server errors, etc., SL is left in place.
AddPipsSafetySL Used to determine the price of SafetySL, placing the SL farther than SLPips by this value. (pips)
Comment Comment
Use_Comment Whether or not to show comments on the chart, setting it to false speeds up the backtest.
The following is valid only for backtest (for those who want to validate with backtest)
Use_SummerTimeAdjustAsiaTimeFilter For standard time, the AsiaTimeFilter time is set to -1 (to fix Asia time for the year).
After the switch to standard time (winter time) in October/November 2020, the time will always be -1.
SummerTimeChangeDate_EU_0_US_1 Summer time change date. 0 for European standard time, 1 for US standard time.
Others.
When the EA is applied to the chart
The trade time, number of lots, etc. are displayed on the chart.
This is useful for preventing input errors.
The trade time is the time after applying GMTOffset = the time corresponding to your MT4 server.
The trade time is the time that corresponds to your MT4 server.
Thank you in advance for your cooperation.
*The determination of the day of the week, such as Monday start time and Friday forced settlement, and the determination of the dates for January start and December end are based on the time of your MT4 server.
The time of the MT4 server you are using is used as the standard.
Therefore, some companies that use GMT0 or GMT+9 may not be able to support these times.
We only check the operation of vendors using GMT+2 standard time and GMT+3 daylight saving time.
Set "IsSummerTime" to "false" when the standard time (winter time) is set.
IsSummerTime must be set to "true" when the standard time (winter time) changes to summer time.
Otherwise, the time must be set to any other time throughout the year.
Otherwise, there is no need to change the time settings throughout the year.
*Trailing stops may be triggered.
It is assumed that the performance will be slightly lower for firms that have a stop level set.
(Profit drops from 6,003 to 5,990 when the stop level is set from 0 to 20 on the backtest)
It is not impossible to close a trade because it will close outside of a trailing stop.
*If you set IsSummerTime to true and Use_SummerTimeAdjustAsiaTimeFilter to true for the back test
AsiaTimeFilter can be set to 9:00-11:30 throughout the year.
Please note that other currencies and the Nikkei are not supported, and there are no plans to support them at this time. Sales from
:
05/27/2020 22:10
Purchased
:
37
times
Price: $122.42 (taxed)
￥19,800(taxed)
Provider/Distributor:
Sales site:
GogoJungle
●Payment
Forward Test
Back Test
Sales from : 05/27/2020 22:10
Purchased
:
37
times
Price: $122.42 (taxed)
￥19,800(taxed)
Provider/Distributor:
Sales site:
GogoJungle
●Payment
About Forex Automated Trading
What is Forex Automated Trading (MT4 EA)?
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.
Trading Types of Forex Automated Trading
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)
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)
Risks, Advantages, and Disadvantages of Forex Automated Trading
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.
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.
Equipment and Environment Needed for Automated Trading Operation
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.
・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.
Installation of MT4 and Account Login
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.
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.
How to Install EA on MT4
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.
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.
In Case You Want to Change the Account in Use
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 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.
Solutions for Errors During Web Authentication or Non-Functional Account Trading
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
→ Items to Check When EA is Not Operating
About the Size of Trading Lots
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.
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.
Glossary of Automated Trading
・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)
・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)
Useful related pages
・How to Install MT4 EA (Expert Advisor) and Indicators
・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
・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