VICTORIA
- 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...
VICTORIA is a scalping EA that trades with a focus on safety.
■ No Nanpin Martingale
■ Built-in volatility filter
Stop loss 20 pips Stop loss 20 pips
■Max. drawdowns Maximum drawdown 17,872 yen
We develop our products to minimize losses as much as possible and to operate them with peace of mind on a daily basis. VICTORIA is also equipped with a compound interest mode.
From here on out, we're going to explain that
(1) About Logic
Safety
Profit
(2) Back test data
(iii) Required funds and investment lot
④Parameter setting
We will discuss each of these details.
The logic of VICTORIA, in simple terms, is to aim for a push on a short time frame when a large and moderate trend coincides.
By looking at two trends, one large time frame and one medium time frame, we are able to make trades that are more profitable and less likely to result in losses. In addition to this main logic, VICTORIA has an additional safety feature.
In EA operationHow to make a profit is just as important as How to avoid losses is as important as "how to make a profit" and "how to avoid losses".
We believe it is important to know what safeguards are built in and then choose an EA.
Safety
Equipped with volatility filter
VICTORIA is equipped with a volatility filter to avoid markets with high activity conditions.
Market activity conditions are often heightened by some news, and at this time, price movements are more likely to be different from normal conditions.
As is true for most EAs, EAs are not good at markets with price movements that differ from normal conditions.
VICTORIA has a volatility filter to avoid markets with high activity conditions andSuppresses entry in markets prone to large losses VICTORIA is a volatility filter that avoids markets with high volatility conditions.
Stop loss 20 pips
Normally, the stop loss is set by the internal logic, but the stop loss is set as the last line of defense when the price moves all at once.
Stop loss is set at 20 pips.
Limit the maximum loss to a small amount The system can be operated with peace of mind by Recovering losses in a short period of time The design of the system is designed in such a way that the maximum loss can be recovered in a short period of time.
(If a window opens at the end of the week, it is possible to lose 20 pips or more, but turning on the Weekend Close function will avoid large losses due to this window).
No nanpin, no martins, 1 position max.
VICTORIA does not engage in any "pick-and-pin" or martingales, and only takes one position in a trade.
Maximum drawdown 17,872 yen
In a back-test spanning 16 years from 2005 to 2021, the maximum drawdown shows a very small amount of 17,872 yen (0.1 lot setting).
The maximum drawdown represents the cumulative amount of loss during the EA's worst performance period.
VICTORIA is designed to have low losses, making it easier to operate with higher lots and compound interest. In addition, since it is an EA that holds only one position, it is possible to operate with a high lot size in relation to funds. The standard operating rate is 0.01 lot per 7,000 yen in a 25x leveraged account.
compound interest operation
The following data is for the period 2005-2016, operating in compound mode. back-test results.
Spread 5 0.1 LOT Simple Interest Mode
Spread 10 0.1 LOT Simple Interest Mode
Spread 15 0.1 LOT Simple Interest Mode
Recommended Minimum Margin 7,000 yen Margin and LOT balance 0.01 LOT per 7,000 yen 7,000 yen...0.01 LOT 70,000 yen...0.1 LOT 700,000 yen...1 LOT
Gogojan's forward operations are measured with default parameter settings.
Magic...Magic number Please enter a number that does not cover other EAs. MaxSpread...Maximum allowable spread at entry (unit: points 10 points = 1.0 pips) Comment...You can edit the comment that appears in the transaction history. MM...Toggle compound interest mode ON/OFF. MM_Percent...Percentage of margin used in compounding mode when MM is turned on. You can decide what percentage of the account's surplus margin will be used to make entries. Setting it to "100" will maximize profits, but depending on the account, it may be better to consider "80" as the upper limit. LOT...When MM is turned off, you can decide the entry LOT for simple interest management. WE_CUT...Set the weekend close function, which, when turned ON, will prevent you from taking a position at the close of the market on Friday. YE_Cut...Set the year-end close function, which, when turned ON, will not operate in December when the market tends to move differently than usual.
Disclaimer
This EA does not guarantee any profit.
We do not guarantee any loss caused by this EA, including any defects in the program.
Please understand the above before purchasing this product.
A group of traders & programmers who develop system trades.
Many popular EAs have been ranked No. 1.
We have developed a system that delivers high operational performance based on trading logic with a long-term track record.
Price: $118.93 (taxed)
¥18,900(taxed)
●Payment
Sales from : 05/04/2021 05:15
Price: $118.93 (taxed)
¥18,900(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
