The Surfer EA
- 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...
Major changes in the most recent version
| Date of Public Disclosure | ver. | Changes |
| 6/21/2022 | ver.1.25 | Logic added, maximum number of positions changed to 7, initial lot setting changed to 0.1 |
| 8/22/2022 | ver.1.26 | Correction of some programs, support for suffixes and prefixes |
| 8/25/2022 | ver.1.27 | Maximum number of positions is changed to 3, and an open price stop function is added (default: false) |
What kind of EA is The Surfer EA?
Various technical indicators, including original indicators, are used to find entry points.
Since factors such as candlestick shape and volatility are also taken into consideration, it is difficult to be hit by technical "fools.
We tried to extend our profits by riding the major trends as much as possible.
There are always waves in the market.
We'd love to take advantage of that wave to inflate our profits!
*The maximum number of positions can be changed by parameters (single-position operation is also possible).
Let's take a look at the backtest results!
The modeling quality is 90%, using highly accurate historical data from a well-known FX firm.
Backtest figures are in dollar terms; over 12 years of validation.PF2.22 ,. 88.74% win rate and 0.1 lot (10,000 currency) operation has produced a profit of approximately $7,500 (approximately 1 million yen) and increased margin by more than 1.7 times.
0.1 lot (10,000 currency) for $10,000 margin is a conservative lot setting, so if you can take a little more risk, you're in for some big profits!
Moreover, it is calculated as "total profit/loss divided by maximum DD" over 12 yearsThe risk-return ratio is 8.68 This is a high figure. When the risk-return ratio is high, a large return can be expected for the risk taken by the EA in the market.
*1 lot = 100,000 currency; 1 lot = 10,000 currency for domestic firms.
Total profit/loss for each day of the week
Any day of the week.12 years Large profits in the aggregate. You can see that!
Some days of the week have a lot of indicator announcements, so there are some EAs that are vulnerable to the characteristics of the day of the week, but The Surfer EA is strong on any day of the week!
Percentage of longs and shorts and total profit/loss
In USD/JPY, 77% of the positions were long and 23% were short, as the past 12 years have been marked by an uptrend phase.
In any case, it is notProfit for the 12-year total. we can see that the
Profit and Loss by Hold Time
I think of it as a relatively large amount of day trading, with occasional swing trading.
The win rate is almost 90%. So there's a concentration of green dots (profitable)!
The Surfer EA is a way to "surf" the market and win and win and win. This EA was created to make such an ideal image a reality. And we do not make useless trades as much as possible.
It is stressful if you enter a lot and keep losing.
It's not just backtesting! Gogojan's performance measurement is going great!
As of July 29, 2022, the results have increased significantly after the major update and logic addition in June!Two months in a row Profits in excess of 200-400 pips in The results of the first round of the new logic were also improved. Moreover, the win rate is 30 96%" with 29 wins is "96%"!
The update has succeeded in further improving the performance of the system, and it is clear to see that it is doing so!Trading Frequency and Profits Skyrocketed The new version of the software is even better than the old one! I look forward to your continued ability to capture the market's waves and take advantage of opportunities in the future!
Since the June update made it possible to operate multiple lots, the default lot size was changed from "1" to "0.1" for the purpose of appropriate risk management (can be changed to single lot operation with parameters).
As a result, since June, the amount of profit per trade in the gogo-jump performance measurement has been smaller, which is normal. However, currently, we often operate a single position and do not hold multiple positions at the same time as frequently (see Trading History).
Who is The Surfer EA suitable for?
It is suited to those who "want to earn a steady profit over a long period of time and total their investment life.
It is also suitable for those who are particular about the PF, risk-return ratio, and otherSystem Specifications The creator himself uses this EA on his real account, and highly recommends it. The creator himself uses this EA in his real account and highly recommends it.
On the other hand, it may not be suitable for those who "want to make a lot of money in a short period of time by aiming for a big hole" or those who "want to enjoy watching the EA trade rather than investing.
As you can see from the backtest, it is possible for The Surfer EA to lose money. It is a good idea to set the lot low so that you can stick with it and not immediately stop operating because of a temporary loss.Set the lot low. It is a good idea to
The Surfer EA has a stop loss setting of up to 190 pips to limit the loss from a single loss. In addition, it does not perform "nan-pinning, martingale, or double-building.
About FX Traders
To avoid EA malfunctions, please choose a firm that meets the following conditions
Server time: GMT+3 (Winter time: GMT+2)
Stop level is 0
Narrow USD/JPY spread and low trading commissions
Parameter Description
| Magic1-7 | Magic numbers for 7 independent logics. Please set a non-overlapping value. If you have no particular preference, you can leave it at the default value. |
| Lots | This is the setting for the transaction volume. The default value is 0.1. |
| Slippage | Enter the allowable slippage in pips. |
| isBreakEven | Set to "true" if you want to use the open stop. |
| MaxPositionValue | The maximum number of positions to be held at the same time, in the range of 1 to 7. The default value is 3. |
Price: $432.76 (taxed)
¥70,000(taxed)
●Payment
Sales from : 01/29/2022 02:45
Price: $432.76 (taxed)
¥70,000(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
