HLブレイクプラス
- 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...
HL Break Plus is a simple trend-following EA. When the highest or lowest price of the most recent period is exceeded, a buy or sell position is held in the direction of the breakout, and either one of several close conditions occurs, or the order is closed at the limit or stop price set at the time of order placement.
The current trend is determined and no reverse (sell/buy) orders are placed during an uptrend or downtrend. Add a close condition (profit taking). etc. This is a small-loss, large-profit type of logic, in which the winning rate is low but the losing amount is small, and when it wins, it takes a large profit because it gives up early if it does not move in the targeted direction (if it moves in the opposite direction). The EA is for the 4-hour time frame, but there is no problem even if the chart is set to another time frame. The EA operates only when the 4-hour leg is fixed, and uses only the data of the fixed leg to make entry and close decisions. By using the confirmed conditions for entry, the difference between back testing and actual operation is minimized. We are currently analyzing the results of the forward test in this blog post, " Analyzing the Results of Forward Test (Demo Trade Operation) of HL BREAK PLUS and HL BREAK+ M15".
As far as actual operation is concerned, I feel that the GPBJPY, etc., which are more suited to the intense price fluctuations, can only be used on the 4-hour time frame of the GBPJPY, USDJPY, EURJPY, EURUSD, and AUDJPY.
The parameters are basically kept inside the program (with no need to change them in the expert settings) and automatically switched depending on the currency pair. There may be times when patience is needed, such as when there is little movement, but they should be active when there is a trend.
Please change only the following parameters as necessary.
The default setting is off, but compounding mode is also available.
(Added in "Version: 1-5")
Please adjust the ratio of positions to be increased.
| parameter | Contents |
|---|---|
| MagicNumber_Hl | This is the magic number. Basically, you do not need to change it, but if you are going to run this EA in the same currency multiple times, please change it for each of them. |
| Lots | Number of lots to order. The default is 10,000 currency, please adjust according to your budget. |
| Compound interest operation threshold | The default setting is no compounding (=0). If compounding is desired, enter the base amount. The number of lots to order = (effective margin / this base amount) * Lots" *. Calculate and place an order by using the following formula. Example) In the case of Effective Margin = 100000, Lots=0.05, Base Value = 100000 Order Lots=0.05 In the case of Margin=200000, Lots=0.05, Base Price=100000 Number of lots for order = 0.1 In the case of Margin=100000, Lots=0.1, Base Value=100000 Order Lots=0.1 In the case of Margin=500000, Lots=0.1, Base Value=100000 Number of lots for order = 0.5 However, if the number of lots is less than 0.01, the number of lots shall be 0.01, and if the number of lots exceeds 20.0, the number of lots shall be 20. Fractions will be rounded off. |
| Allowable Spread | Specify how far you will allow the spread to widen. If the spread widens beyond this value, the entry will be held back. |
Price: $157.04 (taxed)
¥25,000(taxed)
●Payment
Sales from : 06/09/2020 02:06
Price: $157.04 (taxed)
¥25,000(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
