K-Cody_EURJPY_M15

■■■[EA Summary]■■ K-Cody_EURJPY_M15 is an EA for 15-minute Euroyen. Generally, the logic to enter in the early morning of Japan time and escape with a small profit is called "Morning Scalp", but this EA has a built-in logic to enter in the early morning of Japan time and extend profits as much as possible. The execution time frame is the 15-minute time frame, but this is a swing-type EA that aims to ride the trend on the 1-hour time frame level and hold for several days. We used only two main indicators, moving average and RSI, and tried to keep the structure as simple as possible to avoid over-optimization from the programming stage. Because of its simple structure, it is highly reproducible and has a high likelihood of producing results similar to those of past charts. ■■ [EA Features]■■ EA dedicated to 15-minute EURJPY Swing-type trend-following EA Maximum number of positions: 3 Steady upward earnings curve over the past 13 years of back-testing. Easy parameter setting A brief description of these features is as follows EA dedicated to 15-minute EURJPY K-Cody_EURJPY_M15 is an EA for 15-minute Euroyen only. It is not designed to operate with other currency pairs or time frames. Swing-type trend-following EA The holding period of a position is generally 1 to 5 days, so it belongs to the swing type EA. It is a swing type EA that follows the major trend and aims to gain as much profit as possible. The main indicators used are moving averages and RSI. The moving average confirms the trend, and the RSI measures the entry timing of the push or return. Maximum number of positions: 3 In some cases, up to three positions may be held at the same time. This is not intended to be a "pick-and-pin" strategy, but rather an independent positioning based on the confirmation that the timing of entry matches the timing of the trade. The number of lots in each position is always the same, and the number of lots is not increased as the number of positions is increased, as in a martingale. And sometimes, we also double-file. So, if you have three positions, you may have three long positions, two long positions, and one short position, or one long position, two short positions, and three short positions. Steady upward earnings curve over the past 13 years of back-testing. The longer the period of back-testing, the more reliable it becomes. However, with the advent of AI (Artificial Intelligence), it is also true that the most recent results are more important. This EA has been back-tested for the past 13 years, and has been able to achieve a steady increase over that period, and has also been able to achieve a steady increase over the past several years since the rise of AI. The past 13 years also means that the EA has been profitable during the Lehman Shock in 2008, the Great East Japan Earthquake in 2011, and the Corona Shock in 2020 without any major drawdowns. Easy parameter setting This EA has as few parameters as possible so that even beginners can use it with ease. In other words, unnecessary parameters are made into internal variables, so there is no need for optimization work such as parameter adjustment. The minimum required parameters such as "magic number" and "number of lots" are all that is needed. The EA has been back-tested for the past 13 years. Naturally, the modeling quality is 90.00% and the number of inconsistent chart errors is 0. Of particular importance are the following itemsred lineLet's check them. First of all, the [Spread] is set at [20]. Most people set a narrow value such as [5] or [10] here to make the backtest results look better. However, in the case of this EA, the superiority of the logic that does not depend on the [Spread] makes it possible to realize steadily rising profits even if the value is set this wide. [The net profit is more than 4 times larger than the initial margin, but the important thing here is the number of lots. In extreme cases, recklessly increasing the number of lots can make the [net profit] appear fraudulently large, but the number of lots in this back test is fixed at 0.1. In other words, with a small enough number of lots, the [Net Profit] is more than 4 times the [Initial Margin]. In addition, the profit factor is as high as 1.59. There are few cases that have maintained such a high level of Profit Factor, even though the total number of trades has exceeded 2,200 times over the past 13 years. And [maximum drawdown] is the most important item. The stability of the EA can be estimated to some extent by how much this item is kept under control. Each developer may have a different opinion on this item, but if I were to develop a non-numping EA, I would keep it to less than 250,000 yen or 25% of 1 million yen in margin. Of course, this number should be small, but in this EA, a low number of 6.51% has been achieved. Next, when we check the risk-return ratio, we find that [net profit] / [maximum drawdown] = 4321156.46 / 151663.51 = 28.5! Finally, please take a look at the profit graph. Since this EA is not a "pin-to-pin" type, the graph is not a straight line, as if a ruler was used to draw a neat line. While accepting moderate drawdowns, the graph shows a steady rise while drawing small waves. ■■■Parameters■■■■■■ [Magic]=20193002(Default value) Set a value different from other EAs. [Max_spread]=3.0(Default) Maximum spread. If it opens more than this, no entry will be made. [Slippage]=3(Default) Maximum slippage. If it slips more than this, do not enter. [Lots]=0.1 (default) The number of lots to enter. [Max_position]=3 (initial value) Maximum number of positions to be held at the same time. [TakeProfit]=390 (initial value) The profit margin (PIPS) at the limit price. [Yearend_stop]=true (initial value) Operation setting for the New Year's holiday. If this is true, no entry will be made from December 16 to January 5. [Free_comment]=Free comment (initial value) Free comment. For fund management purposes, 0.1 lot per 1,000,000 yen of margin is the basic amount. For fund management purposes, the basic amount is 0.1 lot per 1,000,000 yen of margin. [Max_position] is limited to a maximum of 3 lots. It can be set as low as 2 or 1. Basically, these parameters do not need to be changed, but [Magic], [Lots], and [Max_position] can be changed according to your individual style. ■■■ Entry Status■■■■ Entry Status Entry and settlement will be made as follows blue lineis the entry and settlement of the long, andred lineis the short entry and close. The vertical white line is the New York close, and the time in between is one day. In most cases, positions are held for one or two days, but in rare cases, positions may be held for as long as five days. The stop width varies depending on the volatility of the market, but can be as little as 135 PIPS. The position may be closed in one of four ways: over a stop, over a limit, over a trailing stop, or according to the internal logic. Q1: Can I operate with any broker? A1: Please operate with a forex company that operates on GMT+2 (GMT+3 in summer time). Domestic brokers include Rakuten Securities, Gaitame Finest, OANDA JAPAN, Golden Way Japan, and EZinvest Securities. Q2：Is it possible to carry over positions over the weekend? A2: In many cases, we hold positions for several days as swing trades, so we sometimes carry over positions to the following week. Q3: Is it necessary to set summer or winter time? A3: No, it is not necessary. Q4: Can I use one MT4 to run other EAs at the same time? A4: It is possible to operate simultaneously. However, if both this EA and another EA have unrealized losses while the margin is low, there is a possibility that they will be forced to close below the guarantee maintenance ratio. Q5：Can I close positions manually? A5: Yes, you can. However, if you have multiple positions and close only some of them, there is an undeniable possibility that they may not move properly afterwards. Q6: Can I change the parameters? A6: Yes, you may change the parameters. However, if you change them in the direction of higher returns, please do so with caution after conducting back-testing. In particular, we recommend that you do not increase lot-related parameters more than necessary. Basically, [Lots] = 0.1 and [Max_position] = 3 for 1 million yen as per the parameters. There is no problem if you change the parameters in the direction of low return. The copyright of this EA is a copyrighted work protected by copyright law. Reproduction, modification, or redistribution of this EA is strictly prohibited by law. The contents of this EA are subject to change or discontinuation without notice. The results of back and forward tests of this EA are not a guarantee of future profits. The developer assumes no responsibility for any losses incurred by using this EA, including those caused by program malfunctions, bugs, etc. Please use this EA at your own risk. Please be sure to use this EA at your own risk.