コーペネイター・ユーロドル
- Whole period
- 2 years
- 1 year
- 6 months
- 3 months
- 1 month
Forward testing (Profit)
Monthly Statistics
- Jan
- Feb
- Mar
- Apr
- May
- Jun
- Jul
- Aug
- Sep
- Oct
- Nov
- Dec
Calendar for Months
About EA's Strategy
Translating...
<< About Copernator Euro Dollar >>
Popular EA - X Euro Dollar uses a different logic.
Based on years of chart analysis,
it is an EA that has concluded that there is an advantage, especially inEuro Dollar 5-minute charts.
⛯ Consistent upward trend in long-term backtesting
⛯ Strictly implemented variable spreads of 0.5 to 10 pips (spread filter 3.0 pips)
⛯ Over 3000 trades in approximately 18 years, providing sufficient frequency
⛯ Win rate of over 70%
⛯ Maximum 16 consecutive wins
⛯ Recovery factor (risk-reward ratio) is over 40 times in 18 years
X Euro Dollar uses a different logic.
Operating with EUR/USD,
Copernicus Basic USDJPY versionwhen combined with
it may enhance the risk diversification effect as a currency pair.
[About Parameters]
Basically, it is a simple setting where you only need to adjust the lot size.
⛯ Lot size during simple interest operation: Lot size during simple interest operation when the parameter "Compound Interest" = false. 1.0 lot = 100,000 currency.
⛯ Risk ratio: The risk ratio is as follows.
200 = 0.2 lots (20,000 currency) per 100,000 margin
150 = 0.15 lots (15,000 currency) per 100,000 margin
100 = 0.1 lots (10,000 currency) per 100,000 margin
50 = 0.05 lots (5,000 currency) per 100,000 margin
20 = 0.02 lots (2,000 currency) per 100,000 margin
10 = 0.01 lots (1,000 currency) per 100,000 margin
[Maximum Allowable Lot Based on Past Backtesting]
▀ Domestic leverage 25 times
0.01 lots (1,000 currency) per 10,000 margin
When the parameter "Compound Interest" = true and the parameter "Risk Ratio" = 100
[Author Introduction]
<< Reiwa's Double E >>
As a discretionary trader, I earned 6,000 pips in two weeks in a contest and ranked 10th nationwide,
and as an EA developer, I have sold over 600 copies of the Copernicus Basic USDJPY version.
[Others]
Additionally, I am distributing investment navigation + articles that are useful for operation. ⛀ EA Beginner Coursehttps://www.gogojungle.co.jp/finance/navi/series/1700
⛀About the calculation method for EA risk management
[Frequently Asked Questions Q&A]
Q2. How much capital is needed to operate?
A2. Please refer to the maximum allowable lot based on past backtesting mentioned earlier.
Q3. What is the annual interest rate?
A3. You can calculate an approximate value from the maximum allowable lot based on past backtesting and the net profit per backtesting period.
Q4. The backtest shows a downward trend.
A4. For example, if you are using an account that incurs trading fees, the backtest may deduct the fee,
and there may be a possibility that the calculations for dollars and yen on the MT4 side are not functioning correctly.
As a way to check, if you look at the entry price and exit price in the backtest results tab,
there may be cases where profits are shown but the profit and loss is negative.
Q5. What tick data do you use for backtesting?
A5. This overlaps with Q4, but aside from that,
the account name displayed in the backtest is simply the account used for backtesting,
and there is a possibility that the tick data inside has been replaced with something different from the account, so it may not be reliable,
which is something to keep in mind.
Q6. I have EA for XX and YY, do you have any other recommendations?
A6. If you are forming a portfolio, I think it is effective to diversify currency pairs, timeframes, and trading styles.
If the trading style is unclear, it is good to look at the win rate from backtesting.
The win rate is naturally determined by the trading style.Also, incorporating EAs from various EA developers into your portfolio can lead to risk diversification.
Q7. Please explain compound interest calculation in more detail.
A7. As mentioned in the section about parameters, the parameter values are determined by the "ratio".
Q8. Why are there no parameters for TP or SL?
A8. In addition to fixed pips for TP and SL settlements,
there are multiple settlement programs intricately incorporated, such as trailing stops and variable TP settlements according to market conditions.
These values are difficult to handle unless you are the creator.
Basically, all EAs from Reiwa's Double E are set to be hidden.
Q9. I don't know which EA will be profitable.
A9. First of all, the act of purchasing an EA means,
"investing in backtesting".
Therefore, it is important to evaluate how accurately you can assess backtesting.
The method to discern EAs from backtesting is described below, but it will cost 100 yen per EA.
note:How to discern EAs from backtesting by Reiwa's Double E
By the way, the aforementioned free newsletter from Reiwa's Double E distributes such articles for free.
Q10. Is it based on opening price action?
A10. All EAs developed by me, Reiwa's Double E, are based on opening price action.
If it is not based on opening price action, it can lead to a divergence between backtesting and forward testing.
Q12. Can it operate on any currency pair or timeframe?
A12. Yes. It can operate without errors.
However, since it is tuned for Euro Dollar 5-minute charts,
please operate at your own risk for anything else.
Q13. Can it operate with any broker?
A13. Yes. However, this EA occasionally engages in hedging.
Testing for operation on accounts that do not allow hedging has not been conducted, so
please operate at your own risk on accounts that do not allow hedging.
Price: $124.62 (taxed)
¥20,000(taxed)
●Payment
Sales from : 04/10/2021 03:53
Price: $124.62 (taxed)
¥20,000(taxed)
●Payment
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)
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.
・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.
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.
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.
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.
→ Items to Check When EA is Not Operating
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.
・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)
・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
