UB_USDJPY
- 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...
No martins, no nan-pinning, no double-barreled
You can improve the results of past market simulation as much as you want by using martinning and nanpinning, but do you feel comfortable using an EA that repeats nanpinning over and over again when it loses in a real account?
I think the answer is no.
This EA was developed with the aim of creating an EA that can be operated in a real account without getting caught up in back-test graphs or short-term temporary win rates, and that the developer can actually operate in a real account with peace of mind.
No more "pinching," no more "marting," no more "double-bottling," and no more waiting for a position to move in the opposite direction and come back to you.
Maximum holding time of a position is 5 hours
After this time, we will force a settlement.
Also, even if you do not use nanpinning or martinning, if you make your stop loss unnecessarily large and do not allow yourself to break even, it is no different from nanpinning.
Our EA confirms that the graph of the backtest goes up steadily even when the gain and loss values are set at exactly the same 20 pips and 20 pips, respectively.
To be clear, if you set the profit and loss values to be far apart ( profit is fast and loss is slow ), any clunky logic will only increase your win rate.
However, increasing the win rate alone will mean nothing if profits are not stable over the long term.
Only when a profit is made with the same profit and loss values, we can say that the logic has an advantage.
<About EA's Logic
Our EA is also concerned with not curve fitting.If the market is too finely tuned to past market conditions, back-test results may be good, but when the market is actually operated, the results may not be as expected (curve fitting).
To avoid this, we first tried to keep the logic as simple as possible and utilized goto days, which everyone knows.
It is said that the market price rises over the middle price on days that are multiples of 5.
Of course, we are not so naive as to think that this is the only way to win, so we have made many improvements based on this goto date.
As a result, we have developed our own goto day logic, which allows us to sell as well as buy.
Also, to avoid curve fitting, the historical verification was not done over a short period of 5 or 10 years, but back-tested over the past 16 years of data from 2005 to 2021 (current year) toPositive in all years. to make sure that the results are the same as before.
The reason why the win rate is low is because SL and TP are the same. If you prefer a higher win rate, you can easily increase the win rate by widening the SL a little (I will post the results later).
Since the maximum holding time of a position is 5 hours and the stop loss is low, the position has been rising nicely without incurring large losses.
Since we have not done any nanpinning or excessive optimization, it is somewhat inferior to those EAs, but we believe that a graph as natural as this one is more likely to work in the future market.
<Easy even for beginners
There are often EAs that provide a lot of parameters and ask the buyer to set various parameters. However, I believe it is the EA developer's job to find the best setting values.
We have not included any unnecessary settings so that you can use the EA as soon as you purchase it; if you want to use lot and compound interest, you only need to set the compound interest and it will work immediately.
<Eliminate deviations from the forward
By using the opening price, you are less likely to be affected by subtle differences in rates between traders, and your daily trades are more likely to produce better results.It will be close to the forward of gogojungle. (It may not match perfectly due to the spread, but it is less likely to diverge than an EA that operates on ticks).
<In search of an accurate backtest
By making the opening price operationIt is also less likely to produce different back-test results.
For example, when you take a backtest, you can add to the dataThis allows for accurate backtesting, since the results are less likely to differ between data from brokerage firm A and data from brokerage firm B.
In addition, please be assured that the back-testing of this EA uses data produced by "dukascopy," a Swiss banking group that is well known for providing high-quality historical market data.
<Multi-currency and number of units
Since the logic uses goto days, the main focus is on USDJPY, but we have confirmed that EURJPY and GBPJPY also produce reasonable results.
Combining these with USDJPY and operating in three currencies will diversify risk.
You can simply divide the funds into thirds, but if you have enough funds, tripling the principal amount will give you a substantial profit with diversified risk.
This is an example of how it is operated with 1 lot in each of the three currencies.
At the time of purchase, only USDJPY is restricted.
Currency pair restrictions can be removed for an additional fee of 5,000 yen.
<High spread resistance
SL20 and TP20 are set to match the spreads of typical domestic vendors, but SL and TP can be changed to accommodate wider spreads.
Price: $157.16 (taxed)
¥25,000(taxed)
●Payment
Sales from : 09/01/2021 02:42
Price: $157.16 (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
