PatternRecognizer Pro

PatternRecognizer is a pattern-detecting, non-numping, non-martin EA [System Features] PatternRecognizer employs a "small-loss, large-profit" strategy that limits losses and increases profits. New positions are issued only when a superior chart pattern is detected. It also limits losses by setting a stop when issuing a position, and trails the stop if the position moves in a favorable direction. PatternRecognizer closes each position and determines profit and loss. Although the back-test results will not show a beautiful upward trend, there will not be a lot of unrealized losses or sudden large losses. The PatternRecognizer is intended to be a system for pursuing stable profits in multiple currency pairs and time frames using trading strategies with long-term advantages. The system calculates the risk amount from the current assets and determines the position size per trade based on the stop width and risk amount. PatternRecognizer determines profit and loss for each position. A stop loss line is pre-determined and a stop loss order is set. If the position moves in a favorable direction, the stop is shifted to extend profits. This strategy is currently used by popular EAs, and there are EAs that accumulate fixed profits with a lot of unrealized losses. Although the fixed profit is increasing, they have the risk of collapsing with more unrealized losses in the event of a sharp drop or spike. In addition, a nanpin-martin type EA has the risk of suddenly incurring a large loss instead of steadily increasing profits. Both may work well in a market environment in which they excel, but they cannot continue to be profitable. PatternRecognizer does not hold unrealized losses while holding a position. In addition, since the stop loss line is predetermined and the stop loss is set, large losses will not occur suddenly. PatternRecognizer detects superior chart patterns and creates positions. The chart patterns detected are based on completely original logic developed through years of research. The PatternRecognizer's logic is characterized by a high profit per trade instead of a high win rate. The reason for this is the trailing stop function, which trails the stop if the position moves in a favorable direction. The number of items that need to be adjusted or parameters to be set has been minimized. No complicated parameter settings are required at all. The only parameter you need to enter is the number of lots to trade →Enter the number of lots in the BasicLots field (refer to the example of recommended margin for the number of lots). Enter 0.01 in MoneyManagementRisk (recommended value is 0.01 for 1% of funds) To disable money management →Enter the number of lots in BasicLots (refer to the example of recommended margin for the number of lots) - System trading starting from 30,000 yen The use of a strategy that limits losses and increases gains makes it possible to start system trading even with a small initial investment. Please compare the amount of initial investment of "PatternRecognizer" with the amount of initial investment of popular Nanpin Martin EA. PatternRecognizer has strict risk management and allows traders to trade with a minimum margin of 30,000 yen (0.01 lot). The recommended margin and lot size are as follows If the money management function is turned off, please determine the position size so that the loss amount is less than 1% of the fund. If the money management function is turned on, please determine the allowable risk amount so that the risk amount is less than 1%. Restrictions】 Back testing can be performed freely. There are no restrictions on currency pairs. No currency restrictions. Source code is not provided. If you wish to purchase the source code, please contact us individually as we will consider it on the condition of partnership. Back testing is the best part of system trading. We do not impose any restrictions on back-testing, so please test until you are satisfied with the results. The parameters and trading results allow us to determine to some extent the trading logic employed by the "PatternRecognizer". We would appreciate it if you could adjust the parameters for safe operation of "PatternRecognizer" through back testing. We do not adjust parameters based on past market conditions. We do not perform excessive optimization to increase ProfitFactor. Although there are many methods that can improve the apparent number, we avoid over-optimizing for specific currency pairs and time frames. PatternRecognizer" has been adjusted to produce a well-balanced effect across multiple currency pairs and time frames. Only the PatternRecognizer Pro version offers the money management function. There is no other difference between PatternRecognizer Pro and the standard version. In general, serious asset managers keep the risk of each trade constant and increase the amount of risk they are willing to accept as their assets increase. This method is called position sizing and is used by many asset managers. Parameter Description] * int regularMagicNumber Magic number: Set when trading the same currency pair with multiple EAs Set value: Enter any number within the int value range Default value: 12345 * double BasicLots Number of lots traded when money management function is turned off. Default: 0.01 Comments: We recommend to start with the smallest lot * bool AutoMoneyManagemet (Pro version only) Money management function: set risk by total assets * value: use (true), don't use (false) Default: false Comment: We recommend to use fixed lot at first * double MoneyManagementRisk (Pro version only) Limit range for money when money management function is on. Default: 0.01 Comments: Please set the value below 0.01 * int Slippage Slippage width Default: 5 Comments: None [Q&A] ■What minute chart do you use? Hourly. Many people trade multiple currency pairs and time frames. Please use the 1-hour time frame or longer depending on your investment policy. (4-hourly, daily, etc.) ■Which currency pairs can I trade? All currency pairs can be traded. Back and forward tests are conducted with EURUSD. Many people trade in multiple currency pairs and time frames. Please use other pairs according to your investment policy. (GBPUSD, AUDUSD, etc.) ■Which FX firms can use this system trading? Any FX firm that uses MetaTrader 4 as its trading platform can be used. Can I trade automatically with a Yen account? Yes, you can. You can trade automatically not only with a dollar account, but also with a yen account. Is there any support after purchase? Yes, we provide support via e-mail. Can I start investing with a small amount of money? PatternRecognizer uses a loss-limiting and gain-increasing strategy, which makes it possible to start system trading with a small initial investment. Please compare the amount of initial investment of "PatternRecognizer" with the amount of initial investment of the popular Nanpin Martin EA. PatternRecognizer has strict risk management and allows you to trade with a minimum margin of 30,000 yen (0.01 lot). The recommended margin and lot size are in the following proportions If the money management function is turned off, please determine the position size so that the loss amount is less than 1% of the fund. If the money management function is on, please determine the amount of risk you are willing to accept so that the amount of risk is no more than 1% of your funds. No, we do not invest in more than one security. No, we do not invest in multiple positions. Do you cut your losses? Yes. Stop-losses are taken to prevent unlimited losses. Appropriate stop loss orders are issued at the time of position creation. In addition, if the position moves in a favorable direction, the stop is shifted to ensure profit.