Run_usdjpy_M5
- Whole period
- 2 years
- 1 year
- 6 months
- 3 months
- 1 month
Profit
:
21,234JPYProfit Factor
:
1.13Rate of return risk
?
:
0.68Average Profit
:
215JPYAverage Loss
:
-362JPYBalance
?
:
1,021,234JPYRate of return (all periods) ?
:
12.93%Win Rate
:
65.63%
(842/1283)
Maximum Position
?
:
16Maximum Drawdown
?
:
16.15%
(31,251JPY)
Maximum Profit
:
1,645JPYMaximum Loss
:
-871JPYRecommended Margin
?
:
164,201JPYUnrealized P/L
:
0JPYDeposit
?
:
1,000,000JPYCurrency
:
JPY- Account
Operable Brokers
Usable with MT4-adopting brokers.
Forward testing (Profit)
Product Statistics
Product Comments
Monthly Statistics
2026
2025
2024
2023
2022
- Jan
- Feb
- Mar
- Apr
- May
- Jun
- Jul
- Aug
- Sep
- Oct
- Nov
- Dec
Calendar for Months
About EA's Strategy
Translating...
Currency Pairs
[USD/JPY]
Trading Style
[Position Trading]
[Scalping]
[Day Trading]
Maximum Number Position
16
Maximum Lot
1.6
Chart Time Frame
M5
Maximum Stop Loss
0
Take Profit
0
Straddle Trading
No
Application Type
Metatrader Auto Trading
Other File Usages
No
We have converted our own discretionary trading method into an EA using Gogojan's "EA Tsukuru".
This EA uses a setup that detects initial moves, which I employ in my discretionary trading.
This is the setup that plays a fundamental role in my trading, and without it, I would not exist as a trader.
It is the setup logic that I place my trust and assets in.
I named the EA "Run" because it detects the initial movement and enters the market only when the chart is running.
<USD/JPY 5-minute backtest results
Net income ¥2,004,030 ($1.00) Converted to 105 yen
Profit factor 2.01
Winning rate 73
<Logic Summary>
This EA is an EA that uses a trend-following, nanpin logic that operates on the 5-minute time frame of the dollar-yen.
When a trend is occurring with oscillator signals on the long-term daily and 4-hourly legs, it waits for a push or return on the short-term 5-minute legs to make an entry.
Entry will follow the trend on the daily and 4-hour legs, but on the short-term legs, entry will be made for a push and a return, so the 5-minute leg will be a countertrend.
Based on the depth of the push or pullback on the short-term leg or the state of the environment on the long-term leg, the logic is divided into four basic logics, and each basic logic has multiple positions depending on its degree of dominance.
The more dominant a position is, the greater the number of underlying logic positions that can be entered, and thus the more dominant a position is, the greater the number of rods that can be held.
The number of opposite positions is the same as the number of underlying logics, so that the more dominant a position is, the more rods are held.
In a reversal, it is difficult to accurately predict a reversal, but the upper leg has detected the momentum of the trend, and together with the oscillator signals, it has become a dominant setup.
In this case, the nanpin is considered to be an effective technique on the short-term leg.
Originally, we did not use the nan-pinning method in our own discretionary trading, but when we introduced the nan-pinning logic in Mr. Gogojan's EA Tsukuru, the results improved for all currency pairs.
Based on this hypothesis, we repeated the verification and determined that this hypothesis was valid, so we adopted the nanpin logic.
In addition, although the EA is equipped with a pick-and-pin logic, the SL is set in the internal logic, so there is no possibility of going bankrupt because of salting while holding a position for a long period of time.
The maximum number of positions is 4 positions per logic x the number of logics is 4, so the maximum number of positions is 16.
The disadvantage of trend-following strategies is that they are prone to reversal in a market that diverges from the moving average and goes too far, and they tend to become a tall catch.
Therefore, this EA is equipped with a logic that forbids entry if the price deviates from the moving average on the long-term leg beyond a certain level.
Parameter setting values
MAGIC (1~4)
Please make sure that the magic numbers are different so that they do not overlap within the same MT4 account.
Lots
Set the basic trading volume for the EA to trade.
Each position will be traded at the number set here.
If you enter a number that exceeds the maximum trading volume for each broker, the number of rods will be set to the broker's maximum value.
Slippage
Set the trade order slippage tolerance in pips.
If there is a slippage of more than the tolerance at the time of an entry or settlement order, the order is not placed.
COMMENT
Set the comment to be displayed on the positions of this EA.
Do not use double quotation marks "" in this field.
Max_Spread
Set the maximum spread in pips that the EA can trade.
If the current spread is greater than the specified maximum spread, entry will be forfeited.
Nanpin Count
This item allows you to set the number of times a position can be added per logic.
If "5" is set, positions will be added up to 5 times and a maximum of 6 positions will be held.
Nanpin Entry pips
This item allows you to set the number of pips to hold a position in a reverse direction.
If "50" is entered, a position will be added for every 50 pips of retrogression.
Nanpin Lots Mult
This item is used to change the number of lots for each position to be nanpinned.
If you enter "2.0," the number of lots will be doubled for each nanpin entry.
If the first entry is for 10,000 currency, the number of lots will increase from 20,000 to 40,000 to 80,000, and so on.
You can also enter a small number for the multiplier, so if you enter "0.5," you can reduce the number of lots by half.
The default value is "1".
Nanpin TP
Sets the timing for taking profit or loss on a batch of nanpin positions.
The positions will be closed together when the total profit/loss of the logic becomes more than the specified number of pips.
You can easily close positions at the timing when the total profit/loss becomes positive.
Not a single position is closed when the total profit/loss of the logic is more than the set value.
Nanpin SL
Sets the timing for taking profit or loss of all Nanpin positions at once.
Instead of a single position, the positions will be closed when the total profit/loss of the logic becomes less than the specified number of pips.
Max Positlion Count
You can set the maximum number of positions that the EA can trade.
The EA will not hold positions that exceed the maximum number of positions.
*Precautions. Please read carefully.
<Detailed explanation of stop loss and request for risk management. >
SL Details
The SL set in this EA is set to "0," but the value of "Nanpin SL," which is the internal logic of the option, is set and the stop loss is settled.
As explained in the explanation of the above parameters, this is a mechanism where the internal logic "settles when the total profit/loss of one logic is less than 0 pips" is working and the trade is settled.
If it is a normal SL, even if MT4 is down due to the connection environment, the SL order will remain with the FX company and will be settled when the SL is applied.
However, the following is the internal logic set in this EA.The option "Nanpin SL" will not work if MT4 is down for some reason because of the logic running internally.
Other settlement logics will not be settled if MT4 is down as well.
As a countermeasure, MT4 should be run on a VPS environment and its operation should be checked on a regular basis.
The above is the parameterNanpin SL" is an internal logic and differs from the normal stop loss that remains on FX company ordersPlease understand that the SL is not available when Nanpin SL is set up.
(This is because normal SL does not work when Nanpin SL is set.)
Risk Management and Lot Size
The required funds and number of lots should be calculated by yourself based on the average loss and maximum drawdown of the back-test to keep within your own risk tolerance.
However, as the market conditions change, the market price and volatility will also change, and it is possible that your current logic may no longer work or that you may experience a new maximum drawdown.
Also, if you go into the weekend with a position, and you are unable to make a profit, you may have to make a loss.Settlement above the "Nanpin SL" setting if a large window opens at the end of the weekThe possibility is also assumed that the company may be
As such, there is a risk of unexpected losses, and we would like you to operate with a rod setting that provides more margin for your funds.
We are sometimes asked questions such as, "How much margin and how many rods should I use?
However, since the percentage of funds from excess funds and the range of acceptable drawdown differ from person to person, we are unable to accept such questions as they cannot be considered in a blanket manner.
Withdrawal of funds in a timely manner
If the FX company has a system down, server error, or bankruptcy, the SL will not be settled even if the SL is set.
If the market conditions change, the logic may not work, or the maximum drawdown may be updated.
For these reasons, we feel it is necessary to reduce risk by withdrawing funds from the account in a timely manner.
For the same reason, we have decided to discontinue theOperation with simple interest rather than compound interestWe recommend the following
These are just a few reminders about some of the risks that are directly related to profit and loss when using EA.
Thank you in advance for your cooperation.
<Please
About me, the EA developer
I have included a lot of information about risk management and rod settings. In fact, I have lost money several times in discretionary trades.
That is why I have included a lot of information about risk management and rod settings to alert you.
I would appreciate it if you could keep in touch with this EA after thoroughly managing your funds.
I am aware of the method logic and basic knowledge of Forex and how Forex companies work, but I have no knowledge of the program.
I created this EA based on my own logic using GogoJan's EA Tsukuru tool.
Therefore, we are ashamed to say that we may not be able to meet your requests such as adding options beyond the scope of the tool, changing minor settings, investigating the cause of divergence in logic results between FX companies, or dealing with matters that require specialized knowledge of systems.
We appreciate your understanding and patience.
note (supplementary information) symbolThe EA does not guarantee profits.
note (supplementary information) symbolPlease note that the EA developer will not compensate users for their losses.
note (supplementary information) symbolAs with all investments, please invest at your own risk.
<Frequently Asked Questions
Please refer to this page before asking questions.
Q.I don't know how to set up EA. I cannot set parameters. What is XXX?
A. There are many websites that explain the basics of FX and EA in an easy-to-understand manner.
Q.I can't enter the market.
A. Before asking a question in the community, please check the GogoJan FAQ first.
If you still have questions, please contact GogoJan.
If there is no problem with the set up procedure or authentication, then in most cases, the spread filter value is smaller than the current spread, which is limiting your entry. Please increase the value of the spread filter to a value greater than the current spread.
Also, please make sure that you have the correct currency pairs and time frames, and that you have sufficient margin for your lots.
If the entry conditions are not met, of course, no entry will be made.
Also, there may be a difference between the forward and the backward entry. (This is because the ticks provided by different brokers are slightly different.)
If this does not solve the problem, please contact the community with the detailed situation, settings, and error message.
We are sorry, but we will not be able to answer questions that can be resolved with the information provided above, questions that we do not know the details of, or questions that are out of our control, as we are not a universal developer.
Q.Forward and results are different.
A.The results will vary depending on the environment such as FX broker, VPS environment, spread, slippage, communication speed, timing of setting, demo/real account, etc.
In case you are wondering, GogoJump Forward is a demo account.
If the spread is wide, you will be at a disadvantage, and it is more likely that you will have difficulty getting gains or just barely not reach gains. We recommend using a low spread environment.
In addition, we recommend that you use a firm with a strong execution capacity when trading, not limited to this EA.
Q.Is it advisable to stop trading during indicator periods or during the year-end and New Year holidays?
A.We do not exclude key figures' statements, employment statistics, and other indicators in our back testing.
We have created the EA based on the assumption that the above-mentioned fundamental factors are also included in the technical factors.
We are sorry, but we have not verified this, so we cannot answer your question.
Q. I would like you to add a function to stop trading on weekends, a function to settle trades on weekends, and a function to specify the trading day of the week.
A. We have considered adding these functions as parameters, but we cannot implement them because they are beyond the setting range of the tool we are using and cannot be switched on and off.
We apologize for the inconvenience.
Q.Is it safe to settle the transaction manually or with an external tool? Is it necessary to restart the system?
A. It is okay to settle manually. No restart is necessary. However, please note that settlements made using other than the internal logic will naturally cause discrepancies with back tests and forward tests.
As for settlement by external tools, we are not able to provide an answer because we do not know the details of the external tools.
Q.Can I use ○○○○ (vendor name)?
A.We do not have any restrictions on vendors.
We think it is more advantageous to use a vendor with strong spread conditions and execution power.
Q.Please tell me how to set up EA.
A.We do not provide knowledge or rudimentary support for MT4, EA, FX, etc. We have many websites that provide easy-to-understand explanations.
There are many websites that explain in an easy-to-understand manner, so please refer to them.
Please contact GogoJan for any questions regarding certification or the set, for example.
Q. Can I set and operate on multiple charts?
A. Yes, you can use it on multiple charts at the same time within the same MT4.
Please be careful not to cover the magic number. If they do, it may cause malfunctions.
Q.Can I use it on multiple MT4 with one purchase?
Please contact GogoJan as this is a matter of authentication.
Q.Can I use it with a demo account? Can I use it on a real account and a demo account at the same time?
A.We do not have any restrictions, but please contact GogoJan for more information on authentication.
Q.Can I use it even if the maximum number of positions is reduced?
A. Yes, you can.
We recommend lowering the "Nanpin Count" value instead of lowering the maximum number of positions.
Q.I do not know the GMT or Daylight Saving Time type.
A.Please contact the vendor you use.
Q.Is the official forward measurement accurate?
A.The developer is not involved in forward measurement, so please contact Gogogian.
Sales from
:
02/08/2021 07:20
Purchased
:
0
times
Price: $93.14 (taxed)
¥14,800(taxed)
Provider/Distributor:
Sales site:
GogoJungle
●Payment
Forward Test
Back Test
Sales from : 02/08/2021 07:20
Purchased
:
0
times
Price: $93.14 (taxed)
¥14,800(taxed)
Provider/Distributor:
Sales site:
GogoJungle
●Payment
About Forex Automated Trading
What is Forex Automated Trading (MT4 EA)?
Forex Automated Trading refers to trading that is automated through programming, incorporating predetermined trading and settlement rules. There are various methods to conduct automated trading, but at GogoJungle, we deal with Experts Advisors (hereinafter referred to as EA) that operate on a trading platform called MT4.
Trading Types of Forex Automated Trading
There are various types of EAs (Expert Advisors) for different trading types that can be used on MT4.
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)
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)
Risks, Advantages, and Disadvantages of Forex Automated Trading
When engaging in Forex, there are risks in automated trading just as there are in discretionary trading.
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.
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.
Equipment and Environment Needed for Automated Trading Operation
The requirements for operating automated trading (EA) on MT4 are as follows:
・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.
・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.
Installation of MT4 and Account Login
If you open an account with a forex broker that supports MT4, you can use MT4 as provided by that forex broker. MT4 is a stand-alone type of software that needs to be installed on your computer, so you download the program file from the website of the FX company where you opened the account and install it on your computer.
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.
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.
How to Install EA on MT4
To set up an EA when you purchase it through GogoJungle, follow the steps below:
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.
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.
In Case You Want to Change the Account in Use
EAs from GogoJungle can be used with one real account and one demo account per 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.
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.
Solutions for Errors During Web Authentication or Non-Functional Account Trading
If you encounter an error with Web authentication, or if the EA is trading on GogoJungle's forward performance page but not on your own account, there could be various reasons. For more details, please refer to the following link:
→ Items to Check When EA is Not Operating
→ Items to Check When EA is Not Operating
About the Size of Trading Lots
In Forex trading, the size of a lot is usually:
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.
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.
Glossary of Automated Trading
・Profit Factor: Total Profit ÷ Total Loss
・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)
・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)
Useful related pages
・How to Install MT4 EA (Expert Advisor) and Indicators
・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
・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
