VictoryBlend_USDJPY_M5

⅛VictoryBlennd USDJPY underwent a significant version upgrade in March 2024 (ver3.0). Specifically, Logic 1 and Logic 2 have been replaced with different logic, and the settlement logic of Logic 3 has been strengthened. Logic 1 ⊲ Changed from a scalping logic for buying on dips and selling on recoveries in the early morning to a trend-following logic with small losses and large profits, entering between 10 AM and 7 PM Japan time. Logic 2 ⊲ Changed from a scalping logic for buying on dips and selling on recoveries in the early morning to a fixed-time (anomaly) logic that only enters long positions early on the 5th day of the month. Logic 3 ⊲ Maintains the short-term counter-trend entry while strengthening the settlement logic.   ⅛The following describes the VictoryBlend_USDJPY_M5 "ver3.0" (significant version upgrade in March 2024) and its data.

What is VictoryBlend_USDJPY?

VictoryBlend_USDJPY is an EA for scalping and day trading consisting of three different types of logic.  

About Each Logic

VictoryBlend_USDJPY is composed of the following three logics. 【Logic 1】・・・・・・ Entry is made in the direction of the trend when certain conditions are met from Tokyo time to London time. It is a trend-following logic with small losses and large profits.   【Logic 2】・・・・・・ Long entry is made when certain conditions are met early on the 5th day of the month.   【Logic 3】・・・・・・ A short-term counter-trend entry logic using oscillator-type indicators in the early morning Japan time. Positions are settled within the same day.   In this EA's strategy, the three logics operate independently and aim to generate balanced profits collectively, but it is also possible to turn each logic on or off based on settings. For example, you can operate using only one of the three logics or only two of them.

 

Backtest (ver3.0)

Below is the backtest using variable spreads (0.1 lots/USD). ⅛Conducted using Dukascopy's historical data with the default settings of TickDataSuite. Total trades: 5892, Profit: $15418.65, Maximum drawdown: $549.01, Win rate: 59.79%, Profit factor: 1.39, Recovery factor: 28.08.   This shows the profit and loss by year. Most years are positive on an annual basis, and it has been generating solid profits recently.  

Forward results published on a real account!

VictoryBlend_USDJPY isoperated on the developer's real account, and daily trading results are being published.. ⅛Measurement started on October 15, 2021 (0.01 lots/Yen account). ⅛Measurement has been switched to "ver3.0" since March 11, 2024. The results of the operation on a real account are considered the most necessary data to measure the true capability of this EA. If you are even slightly interested in this EA, please check the performance in real trading.

 

About Setting Parameters

Below is the actual parameter setting screen (⅛values are initial settings).

＜Explanation of Setting Parameters＞

⛮Common Settings

Type of Daylight Saving Time・・・Specify the type of daylight saving time for your broker (0: none, 1: US daylight saving time, 2: European daylight saving time). Server GMT Shift (Winter Time)・・・If there is daylight saving time, please specify the "GMT + α" value for the broker's winter time. Fixed Lot・・・Specify the number of lots for operation if using a fixed lot. Compound Interest Setting・・・If you want to use the compound interest function, set it to "True." ⅛By default, it is set to "False" (fixed lot of 0.1 lots). Risk Value (%)・・・If you are conducting compound interest operations, please specify the risk value. It calculates the number of lots that can be held based on the risk value specified from the excess margin ("〇"%). Allowable Spread (pips)・・・No entry orders will be made if the spread exceeds the specified value. Allowable Slippage (pips)・・・No entry orders will be made if the price deviates significantly from the intended order price due to slippage.

⛮Settings for Each Logic ⅛Common to Each Logic

Use of Logic・・・If you want to use that logic, set it to "True" (initial value); if not, set it to "False." Magic Number・・・Please specify the magic number. If operating with other EAs in the same account, enter a different number to avoid order overlap. Maximum Number of Positions・・・Maximum number of positions (initial value 1). Maximum Stop Loss (pips)・・・Maximum stop loss. Comment・・・This is the comment displayed when the EA places orders or settlements (modifiable).  

Q&A

QPlease tell me your recommended securities companies or brokers. AIn backtests, narrower spreads yield better results. We recommend brokers with as narrow spreads as possible.   QCan it be operated with currency pairs other than USDJPY? AThis EA is dedicated to USDJPY, so it cannot be operated with other currency pairs.   QCan you provide detailed information about the logic? AWe sincerely apologize, but the details of the logic are kept confidential.   QWill it definitely be profitable? AThis is not limited to this EA, but if the market does not align with the logic, there is a high possibility of incurring losses. Therefore, it cannot be guaranteed that profits will always be made, and there may be cases of losses instead.   QIs it okay to run it simultaneously with other EAs? AYes. However, if the magic numbers are the same, please change the number for use.   QIs it okay to keep it running continuously? AWe aim to develop an EA that can be operated continuously for long periods, but there is a possibility of drawdowns expanding or stagnating. In such cases, continuing to operate may lead to increased losses, so please decide whether to continue operating the EA based on certain criteria such as the amount of drawdown and allowable loss.  

✦Version Upgrade Information

ver3.0 (2024.3.11)・Change of initial SL value ・Major revisions of each logic ・Adjustment of internal parameters ver2.0 (2023.3.13)・Change of initial SL value ・Introduction of time-based settlement ・Modification of entry logic (logic2) ・Adjustment of internal parameters ・Code optimization