Rose & Oud EURUSD
- 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
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Calendar for Months
About EA's Strategy
Translating...
Investments are at your own risk. Please use lots and other settings appropriate to your funds .
Rose & Oud EURUSD
No breakdowns in 17.5 years of back testing, relatively high frequency scalar with an average of 3~4 entries/day.The system is designed to make steady, steady money rather than explosive, short-term money.
(*This is only the result of past verification and does not mean that it will not collapse in the future.)
Update Information
1.0 Initial versionBasic Information
| trade (brand) name | Rose and Oud |
|---|---|
| Currency Pairs | EURUSD (Euro-dollar) |
| time limit | 5-minute time limit |
| Maximum number of positions | 4 on one side (8 on both sides) |
| Maximum SL | None (stealth SL can be set) |
| Maximum TP | None (internal logic gains only) |
| straddling | Yes (Ryoudate=false to allow both sides to be unbundled) |
| racketeering by pinning one's hopes on a number of different types of people (e.g. a husband and wife) | ant |
| trading style | being on the wrong side of (e.g. an opponent's king in mahjong) |
| Trading Hours | 24 hours |
logic
<Logic>
The logic is to reverse the trend, entering in the opposite direction of the trend and taking profits when the trend reverses.
If the market reverses without reversing, it will increase the lot size and keep on keep on increasing, up to a maximum of 4 positions on each side. I will also hold both positions.
Since it is a "nan-pin" martin, if the total unrealized profit of the position is calculated to be positive, the profit is taken even if the position does not return to the entry price of the first position, thus reducing the possibility of being salted out.
I'll take a quick profit of a few pips.Position holding times are often short.It is.We will make many small gains and earn steadily.
<Trade frequency
About 3-4 times in a day times, a relatively high frequency, and calculated to trade almost every day. The number of trades is about 3 to 4 times a day, a relatively high frequency.
<For spread tolerance
Even though it is not a morning-scanning system, we have back-tested it with a spread of 2 pips, which is a sufficient value.
Lots are held from the first position up to 4 positions, increasing the lot size from 1x, to 4x, to 12x, to 43x, and so on.Total lot size on one side is 60 times the set lot size. You will hold up to 4 lots, but not every time (if the setting is 0.01 lots, the maximum one-sided total is 0.6). Since you will be holding both lots, you will double that amount (maximum total of 1.2 for 0.01 lots), but many firms will calculate the margin requirement based on one side only (the one with the larger lot) (MAX method). However, most firms will calculate the margin requirement for one side (the one with the larger lot) only (MAX method).
<About Stop Loss
This product does not have a standard stop loss, but does have a stealth stop loss function with internal logic. However, by default, the internal stop loss is disabled (0) and will withstand until forced loss cut.
If you wish to set an internal stop loss, enter a positive value for StealthSL. of that direction when that value is reversed from the first position. Simultaneous Settlement of All Positions ( Please note that this SL is based on internal logic and will not function if the EA is not running properly, if the magic number does not match, or if there is a communication failure, etc.)
I think StealthSL should be at least about 200~. If it is too small, the SL will be applied before entering 4 positions (the last position will be entered at about 180 pips from the starting position).
In the past, with a 2 pips spur, StealthSL=350, you will not be hit by the stop loss (Please note that 350 does not guarantee that you will not be hit by SL in the future. )
<About the batch settlement function linked to manual settlement
To avoid abnormal behavior, when one position is closed manually, all positions in that direction are closed in tandem.In the unlikely event that the linked settlement is not triggered, close all positions in the same direction manually.
Trade Image
Image displayed on a 5-minute time frame (vertical dotted lines indicate one-day intervals)
Image displayed on a 1-hour time frame (Vertical dotted lines indicate one-day intervals)
parameter
- Please be careful not to wear your magic number with others.
- If Ryoudate=false, you can use the system with a vendor that does not allow both sides to be traded.
- A positive value for StealthSL allows you to set an internal stop loss: when the unrealized loss of the first position reaches the specified value, all positions in that direction will be closed (if the value is too low, the stop loss will be closed before or immediately after the maximum position is held. In the back test350 The fourth position is entered at about 180 pips from the first position. (The default value of 0 means that the position will not lose money and will survive to the forced loss cut).
About Margin
Consider the rate as of 2021/7, with a maximum leverage of 25x and a 0.01 lot setting. The maximum you can hold is about 0.6 lots (double this amount for firms that charge a margin requirement for both sides). The margin requirement is about 310,000 yen for a firm with a maximum leverage of 25x (see below).The higher the maximum leverage, the lower the margin requirement.(The rate of interest is also subject to change. (It also depends on the rate of exchange at that time.) We recommend that you invest a sufficient amount of money, as a margin ratio of 210,000 yen can quickly reach 100%, which is risky. Furthermore, the maximum drawdown is about a yen according to the published backtests, but it can vary depending on small differences in settings, and basically, we recommend that you consider that DD is subject to renewal and invest with a margin.From this, I think it is better to have a minimum fund of 500,000-600,000 yen for a 25x leverage firm . For firms with a large enough maximum leverage that the margin requirement is negligible, I think it would be about 300,000 yen (This is my personal opinion, so it is not a margin that will never break the bank. I always recommend that you make your own investment based on your own considerations).
Of course, it is possible to use a smaller amount of money, but please consider that the possibility of a loss cut will increase in that case.
precautions
recommended system requirements (e.g. recommended hardware and software to run a package)
- Lowest possible cost in terms of spreads, commissions, slippage, etc.
Price: $157.04 (taxed)
¥25,000(taxed)
●Payment
Sales from : 07/28/2021 21:32
Price: $157.04 (taxed)
¥25,000(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
