TimeOrder_USDJPY_A300
- 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...
The most important factor in forex is the time frame! Everything else is a bonus (lol).
A different dimension EA created by a trader who has been winning for 5 years, using only time market!
< < Outline Outline --------------------------------------------------------------------------------------------------
- USD/JPY,EUR/JPY combination USD/JPY,EUR/JPY
- Only available in U.S. Standard Time (GMT+2 (winter)/+3 (summer)) environments.
- logic pattern
- Logic A. Trade with "buy" between 3:35 and 9:54 JST (2:35 and 9:54 DST)
- 0-1 transaction daily. Always settle within the pattern time.
- In the initial state, the system operates with compound interest.
- No need to set daylight saving time. (Daylight saving time 2nd Sunday in March to 1st Sunday in November)
<Set parameters> --------------------------------------------------------------------------------------
- Trade_Currency = "USDJPY" Set currency (can be changed) 1
- EA_Comment = "34984:TimeOrder_USDJPY_A300" Comment text for EA transactions (can be changed)
- Magic_Number = 99991300 Magic number (can be changed)
- Slippage = 10 slip pages (recommended: 5-20)
- Spread_Pips = 0.5 spread pips (set according to environment)
- Trade_Leverage_A = 5 Leverage of Logic A (recommended: 1-10)
- System_Min_Lots = 0.01 Minimum number of lots (set according to your environment)
- System_Max_Lots = 100 Maximum number of lots (set according to your environment)
- Over_Permission = False Allow orders to exceed the maximum number of lots per order?note 2 (supplementary information)
- Lot_Fixed = False True: lot fixed operation, False: compound operation
- User_Max_Lots = 0.01 Number of lots when fixing the number of lots
1 Please note that even if the currency setting is changed, the EA will continue to operate on the chart to which it was applied.
2 Even if the order based on the leverage or fixed lot number exceeds the maximum lot number, the
This can be handled by setting Over_Permission = True and placing multiple orders.
However, some FX firms may not be able to handle orders that exceed the maximum lot size of an order in a short period of time, even if the order is split.
Please be sure to read the terms and conditions before using the site. Please be sure to check the terms and conditions before use.
<About Logic>--------------------------------------------------------------------------------------
Logic A is theThis EA takes advantage of the time axis characteristics of USDJPY and EURJPY.
In cross-yen currencies, the yen often depreciates toward the 9:55 midpoint and then appreciates The yen is often weaker toward the 9:55 middle price and then appreciates against the yen.
the so-calledmid-price tradeIt is called
Furthermore, on gotoubi (days with a multiple of 5), the yen is particularly likely to weaken against the cross yen.
This is done by using technical analysis and pattern analysis to eliminate trading on days when you are more likely to lose, and to avoid trading on days when you are more likely to lose.
Or we determine when we can aim to increase profits and further improve profit margins.
Although there are some months when price movements can be unbalanced from month to month due to fundamentals, there are also months when they are underperforming.
You can rack up steady profits year after year !
In addition, this logic has limited trading hours, and although there are trades across the day
No weekend carryover.
(There is also a weekend carryover Gotobi, but it is not included in the transaction in this logic)
I have created this with the goal of creating a logic that I would feel comfortable using.
Real account balance : Real account balance Pumpkin King_Real_Operations_GF - Pumpkin King's MT4 (real-trade.tech) as of 2021/12/15
This logic is based on theTrade_Leverage_A (User_Max_Lots for fixed lots)
The parameters of the "M" are to be changed according to the individual's acceptable risk.
This logic can be used in 2 ways (USDJPY and EURJPY).
The test results show that the performance in USDJPY is better than that in EURJPY.
USDJPY, rather than operating with double the leverage.Those who operate 2-way with separate leverage is more likely to be
It is recommended that the results seem to be more stable due to risk diversification.
For reference, the expected profit margin and relative drawdown with each leverage during the back-test period are listed below.
Please understand that the actual profit rate will vary depending on the timing and period of operation.
From the back-test results from 1/1/2013 to 12/29/2021 (9 years)
(Calculated with Calculated with USDJPY Pips = 0.5, EURJPY Pips = 0.7)
Leverage and Profitability/Drawdown
Profitability/Drawdown by month (Leverage_A = 5)
< < About the verification data ------------------------------------------------------------------------------------------
Since we are using 1-minute legs, the modeling quality is 25%.
< < TimeOrder Series Hours of Operation >------------------------------------------------------------------------------
Ver. Up support
Ver1.00 Added permission parameter for multiple orders.
Added measures to prevent 0-lot orders (no account balance, account account suspension action, etc.).
Price: $94.22 (taxed)
¥15,000(taxed)
●Payment
Sales from : 12/26/2021 21:22
Price: $94.22 (taxed)
¥15,000(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
