KonokaSystem_USDJPY_M5

KonokaSystem_USDJPY_M5 is a day trade targeting (00:00 to 13:00) Japan time. The currency pair is USDJPY and trades at the closing price of M5. It doesn't use grid or martingale logic. Both TP and SL are slightly larger at 100 Pips. (To avoid loss due to large short sales) There are other exit methods that use time and technical indicators. With those internal logics, profits and losses are repeated, and the losses are swallowed and grown. KonokaSystem_USDJPY_M5 is not focused on winning percentage. Backtest has been verified in 20 years. We are not using "Every Tick" for this validation. Since BT's "Every Tick" is 1 minute (M1), entry in the middle of each hour (Bar) will cause an error in the price range. KonokaSystem_USDJPY_M5 is a closing price based logic, so we are verifying it with "Open price only". Closing price-based validation is the best way to resemble BT and forward testing . Like "TradeStation" and "MultiCharts", it can be verified quickly even over a long period of time. Also, the GMT offset time is not needed to resemble FT and BT validation. (Verified) The server time of MT4 (00:00) is the end of the NY market (17:00), so we are making EA based on this. Forward test (Real account) ： https://www.myfxbook.com/members/monkichi ・MagicNumber = 1007; Magic number (necessary when operating multiple EA) ・MaxSpread = 20; Maximum spread (spread widens in the early morning of Japan time) ・Slippage = 30; ・MaxOrders = 3; Max Position ・Space = 0; Width of next entry (Auto (Default 0-Max 60)) ・Friday = True; There is a trade on Friday (over the weekend = True) ・Exit_Bar = True;　Exit at closing price (Exit at tick = False) ・Money_M = False; Money management (Ttue = available) ・MM_JPY = False; True = JPY account ・MM_Risk = 3; Money management risk (0.03 Lot (3%) for $ 1000 in this case) ・MaxLotSize = 100; Maximum lot ・Lots = 0.02; Lot size (0.05 Lot (5%) for $ 1000 is a guide) ・ TP_B = 1000; Take profit (buy) ・ TP_S = 1000; Take profit (sell) ・ SL_B = 1000; Stop loss (buy) ・ SL_S = 1000; Stop loss (sell) Note①：5 digit forex brokers（1000＝100Pips） Note②：Close Time (17:00) in the NY market is MT4 Server time (00:00). (There is no problem if the trading time is off by 1 hour between summer time and winter time.) Note③：If you want to run multiple EA, install multiple MT4 and log in to the same account for all. (Recommendation) Note④：Since this EA provides a "method", we cannot accept additions or changes to the program. Note⑤：Backtesting also internally measures commissions (if any) and swaps. ・ It is a setting of 0.5 Lot for $ 10000. ・ Leverage is 1:25, so this is a guide. ・The blue frame means that there was a loss of $ 4251.94 from the maximum profit at the maximum drawdown. (Since it can happen immediately after investment (for $ 10000), verification confirmation with fixed Lot is essential) ・The end of the graph is flatter than when it was verified several months ago. (Above chart) This is not only a price range issue, but BT also picks up fees and swaps as data, so it will vary slightly depending on the date of verification. (Performance has dropped a little) I think this broker is a swap because there are no fees. Recently, both Buy and Sell have been negative swaps. (Minus swaps are temporary, but verification affects the entire period) At the time of verification, brokers with fees should set spreads sparingly. That is why the verification results differ depending on the broker even though they are the same EA. ・ Since the maximum is 100 Lot, the asset curve will be like this. ・ This is the minimum risk setting for welfare management. Forward test (Real account)： https://www.myfxbook.com/members/monkichi