BB break M15

This "BB break M15 is a trend-following EA that enters at the timing of a break of the post-contraction Bollinger Band (BB). It can be used with the USDJPY, GBPJPY, and EURJPY currency pairs. After the market has stagnated and movement has become scarce, the timing for a major move can be determined. This EA detects and enters the market at the break of a contracted BB (timing when it jumps out).

We are currently analyzing the results of the forward test in this blog post, " Analyzing the Results of BB break M15's Forward Test (Demo Trade Operation). The following measures are also taken to increase profitability. Entry conditions Confirm the direction of the trend using the moving average (EMA) If there is a clear trend, do not enter in the opposite direction. ■Close timing Based on the settlement at the limit and stop limits set for entry (optimal values are adjusted through back testing), and When any of the following conditions are met, it is also determined that momentum has been lost and the position is closed. position is closed. A sudden rise (or fall) in a short period of time The price once exceeded the highest (lowest) price in the recent past, but immediately dropped back below the highest (lowest) price. A certain period of time has passed (usually one day) after entry. After a certain amount of unrealized profit, the price fell. ・A sudden ups and downs spike occurred. If the market does not move in the targeted direction (or moves in the opposite direction), we give up early, so the winning rate is not high. This is a small-loss, large-profit (high risk reward) type of logic that takes a larger profit than the amount of loss. # Fixed operation (no compounding) The following are the results of the test conducted from 01/01/2007 to 08/31/2022 with 10,000 currency fixed (1 position only, no compounding, spread 20) on GBPJPY. The profit factor is about 1.68 and the profit is about 2.95 million yen. <1/01/2007 - 08/31/2022
The following is for USDJPY and EURJPY, respectively.



# with compounding As for the result with GBPJPY, when operated in compound operation mode, Lots=0.1, compound operation threshold = 120,000 yen With effective margin = 30000 yen, if the operation starts on 2007/01/01, the simulation result will be over 10 million yen in 2011/03. Started with 30,000 yen in January 2007 Over 1,000,000 yen in February 2009 In 2011.03, exceeded 10 million yen In January 2014, exceeded 100 million yen (*Related to the upper limit of one position, compound interest operation is limited to about 25 million yen) <January 1, 2007 - August 31, 2022 The following is for USDJPY and EURJPY, respectively. Even if the operation is started on 01/01/2016, the simulation results will exceed 10 million yen by 2020/06 . Started in 2016.01/01 with 30,000 yen July 2018.07, over 1 million yen Over 10 million yen in June 2020 <2016/01/01-2022/08/31

The program can be used with USDJPY, GBPJPY, and EURJPY based on the results of back testing. Parameters are basically kept inside the program (no need to change in expert settings) and automatically switched depending on the currency pair. Please change only the following parameters as necessary. Compound interest operation mode is also provided and can be used. The default setting is a loose compounding mode. If you wish to operate with a fixed lot, please turn it off. Please adjust the ratio of positions to be increased.

parameter	Contents
MagicNumber_Hl	This is the magic number. Basically, you do not need to change it, but if you are going to run this EA in the same currency multiple times, please change it for each of them.
Lots	The number of lots to order. The default is 10,000 currency (0.1), please adjust according to your budget.
Compound interest operation threshold	To disable compounding (fix the number of lots to the Lots setting), set 0. If you wish to use compounding, enter the base amount. Order Lots = (Effective Margin / this base amount) * Lots" *. to calculate and place an order. The default value is 300,000 yen (= 300,000). The order is placed at a ratio of 0.33 lots to 1,000,000 yen of effective margin. Example.) The following will be applied according to the increase or decrease of the effective margin. In the case of Lots=0.1, base value = 1000000:. 　　　Valid margin = 1,000,000 yen => Lots ordered = 0.1 　　　Active margin = 500,000 yen => Number of lots ordered = 0.05 　　　Active margin = 100,000 yen => Number of lots ordered = 0.01 　　　Active margin = 2,000,000 yen => Number of lots for order = 0.2 If Lots=0.05, Base Value=100000 　　　Active margin = 100,000 yen => Order lots = 0.05 　　　Active margin = 200,000 yen => Number of lots ordered = 0.1 　　　Valid margin = 1,000,000 yen => Number of lots for order = 0.5 In the case of Lots=0.1 and Base Value=300000 　　　Active margin = 100,000 yen => Number of lots to order = 0.03 　　　Active margin = 300,000 yen => Number of lots ordered = 0.1 　　　Valid margin = 1,000,000 yen => Number of lots for order = 0.33 However, if the number of lots is less than 0.01, the number of lots shall be 0.01, and if the number of lots exceeds 20.0, the number of lots shall be 20. Fractions will be rounded off.
Allowable Spread	Specify how far you will allow the spread to widen. If the spread widens beyond this value, the entry will be held back.
trend mode	Set either "Yes" or "No". When "Yes" is set, the system operates with optimized internal parameters when a trend is occurring. If "None" is set, the system operates with optimized internal parameters when there is no trend. The default setting is "Automatic".
trade mode	Set "Automatic," "Buy Only," or "Sell Only. Buy Only" will trade only buy trades, and "Sell Only" will trade only sell trades. Automatic" will trade both buy and sell.

Custom Setting When the following "Custom Setting" is set to "Enable", the operation parameters are enabled.

parameter	Contents
custom configuration	Setting "Enable" will enable the setting of the following operating parameters.
EMA Period	EMA period for trend determination
EMA price difference	EMA price difference after the period plan for trend determination (if the difference is greater than this price, the trend is considered to be present and entry in the opposite direction is not made)
candle length	Even if entry conditions are met, if the candlestick is less than this specified length, entry is not made.
candle length	Even if entry conditions are met, if the candlestick is longer than this specified length, entry is not made.
Stop Loss Offset Value	Stop Loss Offset to be set at the time of entry (offset value (pips) from the open value)
Limit Offset Value	Limit offset (offset value (pips) from the open value) to be set at the time of entry
BB Period	Bollinger Bands Duration
BB Standard Deviation Multiplier	Standard Deviation Multiplier for Bollinger Bands
BB width	The effective width of the Bollinger band (enter only if it contracts below this width (pips))
retention period	Position holding period (number of candles)

!!!!! Caution !!!!! When compounding, if you encounter a losing streak, you can lose all your money at once. Be careful not to raise your threshold too high! Other SeSe products on display SeSehttps://www.gogojungle.co.jp/users/60058 Blog article, " SeSe Created EAs, Categorized and Introduced." Version information == Ver1.05 == Internal parameters have been readjusted (re-measured using Dukascopy's Tick Data, and some parameters have been adjusted). == Ver1.04 == Supported currency pairs are limited to GBPJPY, EURJPY, and USDJPY. Added a mode that automatically switches to "Trend Mode" (default setting). The logic and parameters were reviewed and improved so that the profitability in the back test is as uniform as possible over the entire period. == Ver1.03 == In Ver. 1.03, some of the internally stored parameters can be changed.
If you want to adjust the parameters by yourself, please use the "Custom Settings" option.
== Ver1.02 == Trend mode" was added in Ver. 1.02. When "None" is set, the system will operate with internal parameters partially optimized for the state in which no trend has appeared in the past few years. Other Notes and Precautions Please refer to " MT4 EA (Expert Advisor) and Indicator Installation Procedure" and " Items to check when EA does not work " for EA installation. When installing EAs, please also install the included library file (OrderLib.ex4). 　Please place it in the following location in the MT4 data folder. 　　. \MQL4\Libraries\OrderLib.ex4 Before using the EA, please display the 4-hour, daily, weekly, and monthly charts of the target currency pair. 　(This is because this EA uses chart information other than the hourly chart, so it is necessary to import such information.) Please note that the EA developer will not compensate for any losses incurred by the user, including those caused by the defects. 　(Of course, we will work quickly to solve the problem when it is discovered.) This product does not guarantee profits. There may be differences between back and forward tests and actual operations.