KEN_SCAL_USDJPY

This EA uses the 5-minute US Dollar/Yen timeframe to buy the market and sell the market back in accordance with the short-term trend. It trades frequently, taking positions 230 to 790 times a year. The average is about 530 times and varies depending on volatility. One position, works only at the beginning of the bar. The greater the volatility, the more frequently positions are taken and the larger the profit tends to be. It is considered easier to gain profit if the EA is operated when the dollar-yen volatility is large or if the number of lots is increased. In back testing, the best results were seen after September 2008, when the Lehman Shock occurred, and large profits were also seen during the new Corona market in March 2020. Therefore, it can be said that this is a type of EA that is strong during periods of large fluctuations. On the other hand, it has not been very profitable in markets with little volatility, such as in 2019. In backtests, the annual results have been positive for 15 consecutive years from 2005 to 2019. (2020 is also looking good, at +$820 through August.) So we can say that it has stable profitability. The total pips gained is 20951, the yearly average is 1330, and the monthly average is 110. For a one-position EA, I think it is quite profitable. It is designed to aim for push-buy and return-sell along the trend, but the losing pattern is that the trend turns and breaks through as it is. Even in that case, we operate to cut the loss at the point where the loss is as small as possible. The graph shows a steady increase, but a particularly large increase is during the Lehman Shock market period. Winning rate 68.01 Average profit $13.13 Average loss $20.53 (0.1 lot setting) This is the type of trade where losses are larger than average profits, and profits are accumulated by a 68% win rate. The backtest PF is 1.36 and the expected gain per trade is 2.37. The maximum drawdown is $475 and the relative drawdown is 3.98%. ($10000 in funds, 0.1 lot setup) The ratio of total profit to maximum drawdown is 42:1, which is considered to be an excellent ratio. Most trades are closed by the internal logic. Trailing stops are used. Due to the high frequency of trading, profits and losses are greatly affected by the width of the spread. We recommend that you use a broker with the narrowest, most stable spreads and the highest execution power possible. We support brokers with GMT offset of GMT+2/+3. SL (Stop Loss) settings Based on optimization, the SL is set at 110 pips, but if you feel that it is too large and you are not comfortable with it, please change it accordingly. The results of the back test with the changes are as follows. The lower the SL, the lower the profit amount and the larger the maximum drawdown tends to be. The default is 110 to account for the smallest maximum drawdown. Aggressive Mode Setting AggressiveMode to true increases the frequency of trades. The default is about 530 trades per year, but this will increase to about 670 trades per year. Profits tend to increase in markets with large volatility, but when they are not, the number of trades increases, but does not lead to much increase in profits. When using this, please switch to a different one depending on the market environment. If you do not want to spend time and effort on operations, you can leave the default setting. In backtests, the total profit amount increased by about 6% when using this mode. Settlement function after a certain period of time. This function settles the position after a certain period of time has elapsed since it was taken, at which point it will be closed if it has an unrealized loss. This function is enabled by default, and positions are closed when a loss of 5 pips or more has been incurred after 12 hours. Although it does not have much effect on long-term profit and loss (-1-2%), it can reduce the stress caused by continuing to hold unrealized losses. Its use also lowers the maximum drawdown. Weekend Settlement Function This function automatically closes positions when server time falls on Friday night. It will work if IsWeekendClose is set to true. By default, positions are closed at 10:00 p.m. and no positions are taken after that time. (For servers operating in NY time, this will be early morning Japan time.) This can be used to eliminate the risk of unexpected losses over the week. On backtesting, using this one will reduce long-term profits by about 4%. Compounding Function If IsMM is set to true, the compounding function will be activated. The number of lots will be automatically determined by setting the percentage of loss allowed per trade based on the total amount of margin. The number you set in Risk is the % loss you are willing to tolerate. For example If you have 1,000,000 yen in capital and set Risk to 2, you will be allowed to lose about 20,000 yen per trade. (Losses may be higher than the set value due to factors such as rate fluctuations and week-to-week trading.) This is therefore affected by the SL setting. Assuming the dollar is 100 yen. If the SL is set at 100 and the risk is 2, the number of lots is 0.2. If the SL is 50 and the risk is 2, the number of lots is 0.4. In the case of compounding, the smaller the SL setting, the greater the possibility of a compounding effect due to the larger number of lots. Since this area has a significant impact on profit and loss, we recommend that you confirm this in a demo account or back test before setting up a real account. The following is the result of a back test with Risk set to 5. In 15 years and 8 months, a $10,000 fund has turned into $20.21 million. magicNumber Sets the magic number. Default is 20201001 Lots Sets the number of lots. Default is 0.1 Spread Sets the allowable spread in pips. Default is 3. Slippage Sets the allowable slippage in pips. Default is 1. SL Set the stop loss in pips. Default is 110. AggressiveMode If set to true, the number of trades will increase. Default is false. For details, please refer to the "Aggressive Mode" section of "About Customization". IsCloseByTime If set to true, positions are automatically closed when a certain amount of time has elapsed since the position was taken and a loss has been incurred. Default is true. For details, please refer to the "Close by Time" section in the "About Customization" section. CloseTimeSpan Sets the number of hours after a position is taken before an automatic close decision is made. Default is 12. CloseLoss Operates in conjunction with IsCloseByTime and CloseTimeSpan. After the time set in CloseTimeSpan has elapsed, the position is closed if the loss is greater than this setting. Specify in pips. The default is -5. IsWeekendClose If true, positions are automatically closed on weekends. Default is false. WeekendCloseTime Sets the time at which positions are closed on Fridays in server time. Default is 22:00. IsMM If set to true, the compounding function will work. For details, please refer to the "Compound Interest Function" section of "About Customization". Risk You can set the percentage of your funds that you are willing to lose per trade. The default is 2.