GZ_RSI_multi_M5
- Whole period
- 2 years
- 1 year
- 6 months
- 3 months
- 1 month
Real Performance
※Displays results including swaps and fees
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...
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<Important validation results
It has been about two years since the product was launched and we have checked each of the results.
Comparison period July 26, 2020 - August 27, 2022 (approx. 2 years) (Approx. 2 years)
■Targets for confirmation
(1) Back test results (same conditions as the back test over 10 years on this page)
(2) Gaitame Finest Demo Account (official for Mr. Gogojan)
(3) Foreign Exchange Finest Real Account (Individual Real Operation)
In addition, back-test results (all currencies) are stored below. Please refer to them as necessary.
https://drive.google.com/file/d/1UahXR7MQ7oU05trHKH9p02g-y251f4kT/view?usp=sharing
■■■■ ■ ■ ■ Result ■ ■■ ■ ■ ■ ■■■
What is important about the behavior of the EA is the shape of the graph and the number of transactions. All (1) through (3) have similar shapes and
The number of transactions is also around 900. ( There is always a margin of error, but we consider it minor.)
Based on the above achievements, we can say the following
Dukascopy's historical data is highly reliable.
→ Again, I think you can judge from the graph shape.
In other words, we consider the back-test results over the past 10 years to be reliable as well.
・Profit is higher in "demo account and real account" than in back-test results.
→ Usually, real operations are less profitable than back testing due to various factors.
However, our EA is a "back test ≒ real operation" and as a result, the demo (real) account is profitable.
We believe there are two reasons for this
(1) Spread + Commission
(2) Swap
Dukascopy transactions are subject to "Spread + Commission". Foreign Exchange Finest is
Only the spread is " overall favorable" because it is the only spread.
In addition, the swap advantage of ForexFinest over Dukascopy is also significant.We believe these are the causes of the difference.
⇒ Based on the above results, we believe that this EA is an EA that we can expect to see more of in the future.
■About EA-supporting vendors The GMT_Offset value is GMT+2 and GMT+3. Investment Concept and Features This is a contrarian EA that uses RSI,envelopes, andchart patterns, and has a high day trading nature, with entry and exit in short time frames. (In rare cases, positions are held for several days.) The maximum number of positions is set at 1, making it easy to manage risk. The maximum number of positions is set to 1, which makes it easy to manage risk. We maximize profits and reduce maximum drawdowns by building a portfolio of multiple currency pairs. The system is not designed for explosive short-term profits, but for long-term (e.g., one year) operation. The weekend settlement function is included in consideration of the risk of straddling the week. Special considerations during development TDS (Tick Data Suite ) is used for back testing. （TDS (Tick Data Suite) is used for back-testing, which is confirmed to be more advantageous in an environment closer to the real market than the usual back-testing (pseudo ticks). The backtests are conducted over a period of more than 10 years since 2008, and are designed to ensure that the system can withstand major events such as the Great East Japan Earthquake, the Greek crisis, and the China shock. The back-test is based on more than 10 years of data since 2008. EA is designed to ensure stable profits over a long period of time, so that the customer can adopt FX as a part of asset management like stocks, not as a gambling game. EA is designed to generate stable profit over a long period of time.
Back test details (12 years) Tool ： TDS(Tick data suite) Period ： January 1, 2008 - August 30, 2020 Historical data: dukascopy Historical data: dukascopy Lot size: 0.1 lot Commission: 0.1 lot (round trip) = 70 yen Portfolio (5 currency pairs)
EURUSD
GBPJPY
GBPUSD
USDJPY
■Parameter Description
＜Common Parameters 1.Max_Spread → Max_Spread is the maximum number of pips of the spread. (If the set value is exceeded, the trade will not be executed.) (Default: 3.0 pips) 2.Slippage → Slippage is the amount of slippage (in pips). (in pips) (Default: 3 pips) 3.FixLots → Fixed number of lots. This is ignored when using the money management function described below. (Default: 0.1 lot)
＜Common Parameters (Fund Management) Added from v1.5
Each item of the fund management function is enabled when "1.
When using the compound interest function, the unit for increasing or decreasing lots is the minimum number of lots in your account (0.01, 0.1, etc.). (0.01, 0.1, etc.)
Please note that depending on how it is used, the money management function may result in a higher-than-expected number of lots or increased risk, which may lead to bankruptcy.
Please verify the settings thoroughly before setting up the system.
1.Use MM Use MM → Use or not use fund management function. (true: use false: do not use) （Default: false)
2.Lots of MM Lots of MM → Lots to be used in the calculation. Please set the minimum lot size for your account for ease of calculation. (An example is given below.) (Default: 0.01) (Default: 0.01)
3.Type of MM Type of MM → The type of amount used to calculate the lot size for the compound interest function. (Balance: Account balance FreeMargin: Surplus margin) (Default: Balance)
4.Money per Lots 4. Money per Lots → This is the number of lots set in "Lots of MM" per set amount. (An example is given below.) (Default: 100,000 yen) （Default: 100,000 yen)
5.Max of Lots → Maximum number of lots. (Default: 5)
Example: If the set value is "5.0" lots: If the number of lots is "6.5" after the money management calculation, the entry is made with "5.0" lots (set value).
6.Min of Lots → Minimum number of lots. If the number of lots is less than the set number, no entry will be made. (Default: 0.01)
Example: In the case of a set value of "0.1" lot: If the number of lots is less than "0.1" after the money management calculation, no entry will be made. (Set value "0.1" will be entered)
■Fund management Example 1 (default)
Lots of MM: 0.01 Money per Lots: 100,000 (yen)
→ The pattern of increase/decrease is such that "0.01lot" is the amount of 100000 yen unit.
For a balance of 500,000 yen, 0.05 lot
0.1 lot for a balance of 1,000,000 yen
The first two are the following.
■Fund management Example 2
Lots of MM: 0.1 Money per Lots: 1,000,000 (yen)
→ The pattern of increase/decrease is such that "0.1 lot" is the amount in units of 100000000 yen.
0.1 lot for a balance of 1,000,000 yen
0.2 lot for a balance of 2,000,000 yen
The first two are the following.
＜Currency Specific Parameters 1.MagicNumber → This is the magic number. When using this parameter with other automated trading software (EA) *, please change the setting so that it does not conflict with the MAGIC of the other EA. Please change the setting so that it does not conflict with the MAGIC of other EAs. 2.StopLoss → Set the number of pips for the stop value. TakeProfit TakeProfit → Set the number of pips for the limit value. Trade_Comment → Set the trade comment. Default settings for each currency pair <EURJPY MAGIC： 202255101 SL: 80 TP: 100 Comment: 24866:GZ_RSI_multi_M5_EURJPY ＜EURUSD> MAGIC: 202255102 SL: 100 TP: 100 Comment: 24866:GZ_RSI_multi_M5_EURUSD <GBPJPY> <M5_EURUSD> <M5_RSI_multi MAGIC: 202255103 SL: 120 TP: 180 Comment: 24866:GZ_RSI_multi_M5_GBPJPY <GBPUSD MAGIC: 202255104 SL: 100 TP: 100 Comment: 24866:GZ_RSI_multi_M5_GBPUSD ＜USDJPY> MAGIC: 202255105 SL: 100 TP: 100 Comment: 24866:GZ_RSI_multi_M5_USDJPY Development policy 1. entry and settlement decisions are made after the candles are fixed. 2. 2. use " TDS (Tick data suite)" for back testing 3. at least 50-100 trades per year in terms of number of trades 4. have a back-testing period of at least 10 years 5. avoid over-optimization Please protect your valuable funds. Please be sure to use the brokerage in New York time (GMT+2 in winter and GMT+3 in summer ). Please use a broker that operates on New York time (GMT+2 in winter and GMT+3 in summer). (If you are not with one of the brokers listed above, you will not be able to trade as expected because the daily time frame will be 6 legs instead of 5.) Please use a long-term investment (e.g., one year). (You cannot trade on the assumption that there will be six daily trades instead of five, except for the broker concerned). In the short term, whether you win or lose depends on luck. However, as shown in the back-test results, the system has been steadily increasing over the long term, so we believe it has a very strong edge. We believe that this is a system with a very good edge.
Change History
v1.1 : 2020/09/02
Parameter configuration changed to support "REAL TRADE" (no internal logic change)
v1.2 : 2022/06/13
Corrected a bug in USDJPY's magic number comment (no internal logic change).
v1.3 : 2022/06/14
Support for brokers with special currency pair settings (no internal logic changes)
v1.4: 2022/07/08
EA parameter garbled (Japanese to English: no internal logic change)
v1.5 : 2022/08/20
Compound interest function added (internal logic itself remains unchanged)
Price: $154.56 (taxed)
￥25,000(taxed)
●Payment
Sales from : 08/10/2020 22:36
Price: $154.56 (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