ジェームズ・ポンド（BB break M15 for GJ）

This " James Pound (BB break M15 for GJ)" is a trend-following EA that enters when the Bollinger Band (BB) is broken after contraction. Based on "BB break M15", it is an EA specifically tailored and customized for pound sterling, which is suitable for trend-following due to its strong price movements. We are currently analyzing the results of the forward test in this blog post, " Analyzing the Results of the Forward Test of James Pond (BB break M15 for GJ)", so please check it out as well.
The market is stagnant and lacks movement, and then the timing for a major move is determined by the following factors. This EA detects when the market breaks (jumps out) after a contraction and enters the market. In the back test, the profit factor was about 1.69 and the profit was about 2.94 million yen in about 15.5 years of operation ( 1 position only, no compounding, spread 20) with 10,000 fixed currency. Profitability is increased by taking the following actions based on the BB break ■Entry conditions Entry on BB break with the period set to 180 　However, do not enter in the following cases 　The moving average (EMA) is used to confirm the direction of the trend, and a clear trend is occurring in the opposite direction. 　There is no momentum in the candlestick ■Close timing Based on the settlement at the limit or stop price set for entry (adjusting the optimal value through back testing), and When any of the following conditions are met, the position is considered to have lost momentum and 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. Sudden ups and downs whiskers occur. When unrealized profit is above a certain level, the stop line (stop price) is moved closer based on the Open price (added in Ver. 1.04). If it does not move in the targeted direction (if it moves in the opposite direction), we give up early, so the winning rate is not high, but we can take a profit larger than the amount of loss. This is a small-loss, large-profit (high risk-reward) type of logic that takes a larger profit than it loses. In addition, we also include other measures such as determining the general trend and changing the trading method slightly. The EA is for 15-minute time frames and operates using the data at the time the 15-minute time frame is finalized to make entry and close decisions. It can be used only for GBPJPY. Deluxe EA which combines this EA and other EAs for GBPJPY such as " James pound (BB break M15 for GJ)", " Pondur (HL band M15 for GJ) ", " HL band H4 for GJ ", and " Pound0Bound (BBbandW M15 for GJ) ". The deluxe version of the EA ""Pounding the Pound". Please check it out if you like. Please change only the following parameters as necessary. Compounding mode is also available. The default setting is a loose compounding mode. Please turn it off if you wish to operate with a fixed lot. 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	Enter the base amount for compounding. Order Lots = (Effective Margin / this base amount) * Lots "*. to calculate and place an order. To disable compounding (fix the number of lots to the Lots setting), set 0. The default value is 200,000 yen (=200,000). An order is placed at the rate of 0.1 lot for every 200,000 yen of effective margin. With 1,000,000 yen of effective margin, a 0.5-lot position is held. 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:. 　　　Effective 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 Price=200000 　　　Active margin = 200,000 yen => Number of lots to order = 0.1 　　　Active margin = 500,000 yen => Number of lots ordered = 0.25 　　　Valid margin = 1,000,000 yen => Number of lots for order = 0.5 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 "Auto", "Yes", or "No". When "Yes" is set, the system operates with optimized internal parameters when a trend is occurring. If "None" is set, the function operates with optimized internal parameters when there is no trend. If "Auto" is set, the system switches automatically according to a certain logic. The default setting is "Auto".
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 configuration	Enable" enables the following custom setting parameters. If you wish to adjust the parameters yourself, please use this option. If 0 is set for each parameter, the default value held inside the program is used.
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 from the open price (in increments of 0.1 pips))
Limit Offset Value	Limit offset to be set at the time of entry (offset value from the open price (in increments of 0.1 pips))
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 when the band contracts below this width (in 0.1 pips increments))
retention period	Position holding period (number of candles)
Stop Change Line	Specify how much unrealized profit is required to change the Stop line (stop line) in 0.1 pips increments. The internal default value is 1100 (=110 pips).
Stop Change Offset Value	Specifies how far down (or up) the Stop line should be changed based on the Open value, in 0.1 pips increments. The internal default value is 900 (=90 pips).

# Fixed operation (without compounding) The following are the results of the test conducted from 01/01/2007 to 08/30/2022 with 10,000 currency fixed (1 position only, no compounding, spread 20). Profit factor is about 1.69 and profit is about 2.94 million yen. *For more details, click here. <1/01/2007 - 08/30/2022 QUANT ANALYZER REPORT : The following is the QUANT ANALYZER REPORT. (The unit is yen, though it is shown in dollars ($). # With compounding operation When operating in compound operation mode, Lots=0.01 (1,000 currencies), compound operation threshold=12,000 yen, and effective margin=100,000 yen, the simulation results will exceed 10 million yen by 2010/2. With an effective margin of 100,000 yen, the simulation results will exceed 10 million yen by 2010/2 when the operation starts on 2007/01/01. 　For details, please refer to " StrategyTester_with compounding (Ver1.04) ". Started with 100,000 yen in January 2007 Over 1,000,000 yen in September 2008 Over 10 million yen in February 2010 January 2013, over 100 million yen (*Compound interest operation is limited to 25 million yen due to the upper limit of one position) <January 1, 2007 - August 30, 2022 Even if the operation starts on 01/01/2018, the simulated result will exceed 10 million yen by 2021/12. Started at 100,000 yen in 2018.01 In 2020.03, over 1,000,000 yen Over 10 million yen in December 2021 <2018/01/01-2022/08/30 Since this is only a back test, I know it will be difficult to get this far, but I can dream (laughs). !!!!! Caution !!!!! When compounding, if you encounter a losing streak, you will lose all your money at once, so be careful not to raise your threshold too high! Be careful not to raise your threshold too high! Other SeSe items on display h ttps://www.gogojungle.co.jp/users/60058 Blog article: " Introducing SeSe's EAs by category" Revision History == Ver1.05 == Internal parameters were readjusted (re-measured using Dukascopy's Tick Data, and some parameters were adjusted). == Ver1.04 == Logic was added by adopting suggestions from users. 　Added a logic to move the stop line (stop limit) closer based on the Open price if unrealized profit exceeds a certain level when the 15-minute leg is fixed. 　The unrealized profit and the base value of the stop line can also be changed by parameters (default values are kept in the program). 　(Default values are kept within the program.) In addition, the following changes were also made 　When custom settings are enabled, if 0 is set for each parameter, the program will use the internal default values. 　Some internal parameters have been changed (e.g., take profit to a maximum of 400 pips). == Ver1.03 == The logic to determine the long-term trend was improved. Internal parameter settings were changed to make it a little easier to enter the market. 　Re-adjustment of internal parameter settings to make it easier to enter the market and to improve the net profit in back tests. 　# Fixed operation (no compounding operation)

<ver1.

03> Implemented from 01/01/2007 to 07/30/2021: Profit factor about 1.61, profit 2.6 million yen 　　<ver1.02> (without profit factor) 　　Implemented from 01/01/2007 to 12/01/2021: Profit factor about 1.57, Profit 1.96 million yen == Ver1.00 == Newly created. ■Other Notes and Cautions When installing EA, 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 malfunctions. 　(We test our EAs carefully, but if a problem is discovered, we will of course take prompt action to fix the problem.) This product is not a guarantee of profit. There is a possibility that differences may occur between back and forward tests and actual operations.