【異国のエンジェルウィング】
- Whole period
- 2 years
- 1 year
- 6 months
- 3 months
- 1 month
Real Performance
※Displays results including swaps and fees
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...
The Angel Wing is an EA dedicated to 5-minute EA of EURJPY. It is an EA that has achieved a high profit factor (2 or more) and a drawdown of only about 5%, even if it keeps more than 4,000 transactions in the 5-minute EA for EURJPY!
EURJPY is one of the major currencies with low spreads and active price movements, making it a very easy currency pair to operate as an EA!
Capturing fine movement
The [exotic Angel Wing] often captures small movements and completes trades in a short period of time.
The trade may take up to 5 positions, but it does not take 5 positions every time like the above trade.This is not an EA that uses the "Nan Pin + Martingale Method"!
Only when the logic determines that it is advantageous to take an additional entry position while meeting the EA's entry logic conditions.
*You can also set the maximum position to 1!
back-testing
I'd like to introduce you to the backtesting of Exotic Angel Wing!
Back-testing has been done for about 18 years, from 2003 to 2021, with the following excellent performance!
- Profit factor of 2.17!
- More than 4,000 transactions
- Drawdown is 5.37% (at 0.1 lot for 1 million yen )
- Variable Spread Backtest with (using TDS)
I would love to see [Exotic Angel Wing] andI'd like you to compare our backtest performance to that of other developers' EA's!
I think you'll find it's an overwhelmingly high performance!
About TDS!
When I develop EAs, I am careful toIt's backtesting!
TDS (Tick Data Suite) is the best tool for backtesting.TDS(Tick Data Suite) and it performs like a backtest result in real operations!
TDS allows us to backtest with fluctuating spreads, so the data is very close to the real thing!
Without TDS, backtesting is always done with fixed spreads, so we believe that using TDS is absolutely necessary to develop a good EA!
In backtesting, we also set the maximum spread to2.1 PIPS to backtest in a fluctuating spread just like real operations, so we are careful to minimize the difference between backtest and real trade performance!
Compound interest function
The Angel Wing has a compound interest function, so you can make a large amount of money with a small amount of money.It has the power to make even a small amount of money grow into a large fund using the power of compound interest!
Please note that using the compound interest function entails a lot of risk depending on the settings, so please back-test the function thoroughly by yourself before use!
About Logic
Entry Logic
The logic internally determines the trend, and then the entry is made at the time when the winning rate is high!
Loss-Cutting Logic
The stop loss is set wide, but since the stop loss logic is also implemented, the stop loss logic works when the market moves unexpectedly, and the stop loss is aimed at the point where the market hits the push point with the least possible loss. The stop-loss logic is not set at the set stop-loss value each time, but at the maximum stop-loss value.
Operating Currency
The Angel Wing is a 5-minute EA for the EURJPY.
Recommended Brokerage Firm
Since the trading hours are limited by MT4's server time, the trading hours are limited by MT4's server time.
Please be sure to operate with a brokerage firm that operates on "Winter Time GMT+2 / Summer Time GMT+3". You can operate with any brokerage firm that operates on "Winter Time GMT+2 / Summer Time GMT+3"!
Also, since we limit trading by time zone, the spread may affect your performance. In addition to the above conditions, we recommend that you operate with a brokerage firm that offers the lowest possible spreads!
Parameter Setting
All times you set must be in MT4 server time!
- Maximum number of positions to buy...Set the maximum number of positions to buy.
- Max Sell Positions...Set the maximum number of positions to sell.
- Lot number...Set the number of lots.
- Slippage...You can limit the maximum slippage. (PIPS)
- Maximum Spread...You can limit the maximum spread. (PIPS)
- Compounding function...if set to true, the number of positions will be compounded with the account funds...after setting to true, please set the "Risk" below.
- Risk...Risk is the risk that determines the number of positions when the compounding function is used. For example, if risk is set to 2, the maximum number of positions that can be held with 2% of the account assets (surplus funds) will be entered.
- Magic number...Please set the magic number so that it does not overlap with other EAs.
- Total Position Maximum Loss...Allows you to set a maximum stop loss for the positions you have.
- Comment...You can specify a comment.
- Friday Settlement Function...If set to true, you can use the function to close a position when you have a position on Friday.
- Friday New Position Stop Time...You can set the time to prohibit the EA from taking a new position when the Friday Settlement function is set to true. Be sure to specify in the format "XX:XX".
- Friday Settlement Start Time...When the Friday Settlement function is set to true, you can set the time to start the logic to close the position. Be sure to specify in the format "XX:XX".
- Friday Settlement End Time...When the Friday Settlement function is set to true, you can set the time at which the logic to close the position is terminated. Be sure to specify in the format "XX:XX".
- Monday Start Time...You can set the time when the EA starts operating on Monday. Be sure to specify in the format "XX:XX".
Price: $103.26 (taxed)
￥16,800(taxed)
●Payment
Sales from : 05/13/2021 23:41
Price: $103.26 (taxed)
￥16,800(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