AssyeGBP

<Trigger Using the Bollinger Bands as a trigger, the trader sets up a trap by predicting where a push is likely to form and reverse in the direction of the trend as defined by the trader. The direction of the trend is filtered by the basic logic, and entry is made only when the basic logic and Bollinger Band indicators match. <Hand Movement When the profit has increased, we close the trade when the time is right, using the logic that matches the characteristics of the GBP/JPY market. Since we do not intend to extend profits (although there are cases where profits may increase), we do not use the Trailing Stop Limit. Maximum Stop Loss Buy 55 PIPS Sell 50 PIPS If the logic determines that the market has gone backwards, it will cut the loss before the maximum stop loss is reached. The profit and loss stop-loss values can be changed to any value you like by setting the parameters. The win rate is about 50-60%. Until the market turns toward this EA, there are times when you may feel a little stress because you may have to withdraw from the market early. <Number of positions In principle, the default number of positions is set to one, but it is possible to have multiple positions by setting parameters. The win rate does not change much even if you increase the number of positions, so you may want to consider the risk and lower the lot size. However, since compound interest can be set, I personally would not use a single position and increase or decrease the lot size automatically. However, since it is possible to compound interest by using the settings, I personally think it is easier and safer to have a single position and have the lot size increase or decrease automatically. ＜EA Development Concept I received a hint of the logic from an acquaintance of mine, Mr. Assche, a pastry chef, and tried to make it into an EA. He seemed to like trading the pound, so I wanted to make an EA for him through trial and error. The word "assier" is originally written in French as "hache," which means "chopped. The name of the product is written in Roman characters for easy reading. Although it is an afterthought, I think the image of chopping up both gains and losses like chopping is suitable for this EA. The idea behind the EA is not to aim for large profits, but rather to create a simple and stable system over a long period of time using the same technical techniques that everyone has been using for a long time. I think this is the secret to creating a system that will work over the long term. <Back Test Video

Introduced by YouTuber Ono (p.s.)

Although there are periods of poor performance in back-testing, our investment style is to accept both good times and bad times in order to achieve long-term results, and to accumulate marginal gains as a result. We also wanted to add the enjoyment of customizing the product to suit each person's investment style and to make it satisfactory for them. The default settings are safe, but by changing the parameters, you may discover something new. I tried to create such an EA. As a feature, the win rate is not so high with the default settings, but it aims to leave a stable marginal profit over a long period of time by repeating a step-by-step process. It is recommended that you consider the number of lots (MoneyManagement value) so that you can operate it for a certain long period of time even if the immediate results are poor. ＜Main Functions Spread filter (setting value can be changed) Compound interest setting (can be turned off) Trade time settings (2 types) Trade day setting Monday-Thursday specified time close function Weekend closing time for entry only Weekend forced close function (may not be executed due to broker's reasons) Description of main parameters Max_Position Maximum number of buy positions. The default value of 1 is recommended. Magic_Number Magic number. Initial value 20190922 Please change to any number to avoid duplicate operations such as multiple operations in the same account or two currency pairs. Slippage Allowable slippage. Default value is 10. Change as necessary. Depending on the broker (for slippery brokers), this may affect the weekend settlement function, in which case it may be safer to set a larger value. NomalLots Initial value 0.1 Please check with your FX company as the handling of the number of lots differs depending on the FX company. Please check with your FX company. -For reference - OANDA Japan, which we use for real trading, 0.1 = 10,000 currency. If you want to use a fixed lot, set the value to 0.0. The above NomalLots fixed lot setting will be applied. The appropriate setting value will vary depending on the server of the FX company you are using. For FXTF, 0.5 is recommended. (If 0.5 does not work for some brokers, 100 times 50 may work.) Please back-test on the server where you will actually trade, and make adjustments while confirming that the appropriate number of lots is set. Accountmode When using the above MoneyManagement function, you can select from the drop-down menu whether to adjust the lot based on the account balance (Balance) or on the effective margin (FreeMargin). Default Balance MaxSpread Default 50 (5 PIPS) If the spread is wider than the specified value, no entry will be made. Can be changed. 1 PIPS = 10. Set the end time of trading on weekends. Default value 22:00 Default value is 22:30. Please confirm that the setting may be cleared when MT4 is restarted. Please check the settings before the end of the trading day if you do not want to carry over trades from the weekend. MaxSpread Default 50 (5 PIPS) If the spread widens beyond the specified value, no entry will be made. You can change this value, 1 PIPS = 10. Comment Initial value AssyeGBP Can be changed to any comment. Band_Period The period setting for Bollinger Bands. Initial value 100 is recommended. Band_Timeframe The time axis (minutes) used for Bollinger Bands. The default value of 1 is recommended. Buy_Stoplos Stop-loss setting for buy trades. A default value of around 55 is recommended. The loss may be cut earlier than the set value depending on the logic. Buy_Target: Set the buy trade take-profit stop-loss. A default value in the neighborhood of 180 is recommended. Most trades are closed by logic before reaching the set value, as there is no intention to hold back and extend profits. Sell_Stoplos Sell trade stop-loss setting. A default value of around 50 is recommended. Logic may cause the loss to be cut earlier than the set value. Sell_Target Sell trade take-profit setting. A default value in the neighborhood of 175 is recommended. Most trades are closed by logic before reaching the set value, as there is no intention to hold back and extend profits. StartTime1 Trade start time Initial value 07:00 EndTime1 Trade end time Initial value 14:59 (However, the open position will not be closed, and it will be time to stop entry.) StartTime2 Trade start time Default value 15:04 EndTime2 Trade end time Initial value 02:00 (However, the open position will not be closed. It will be the time to stop entry.) Trade_mon～fri Set to "true" if you trade Monday through Friday. Default value true *Trade date and time setting items The time is not Japan time, but the time of your broker's server. It is the time shown in the quote. The default trade time is set to the time of good backtesting in the case of winter time: GMT+2 and summer time: GMT+3. Reference Compound interest operation test on Oanda Tokyo server with the parameter MoneyManagement set to 0.5