GoGoGotobi

Parameter Setting

1. about the 50th

In Japan, it is said that many companies that trade with foreign countries place orders to buy U.S. dollars in order to raise funds for their business before the midday trading hours (9:55 a.m. Japan Standard Time). Among these, since Japan has a long-established business custom of making fifty payments, the settlement of funds by domestic importers tends to be concentrated on the fiftieth, and as a result, the USD/JPY rate tends to rise toward a weaker yen until 9:55 JST and then fall after 9:55 JST. *Reference: Jaffee Journal, Vol. 19, 2021, p. 57-78, "The Relationship between the Ratio of Trade Currency to Domestic Imports and Gotovian Anomaly." 2. About EA Outline of EA We will focus on the middle price time (trading with actual demand) of the 50th day of the month to buy for a rate rise and sell for a rate fall. We need to engage in economic activities in order to live our daily lives, and therefore, we believe that trading based on real demand can steadily increase our assets from a long-term perspective. As stated in the back-test, assets have continued to increase from 2003~2022 from a long-term perspective. This EA targets the 50-day middle price time, which is considered to have a particularly high time advantage among trades involving actual demand. However, since the foreign exchange market is unstable, sometimes speculative or fundamental-related factors can cause large fluctuations in foreign exchange prices, burying the impact of transactions involving actual demand. For this reason, this EA provides a technical advantage by not trading when a major retrograde trend is occurring. Logic of the EA: (1) The following trades will be made based on the middle price time of the 50th day of the month. ①Buy Entry at 0:00 Japan time → Exit at 9:55 Japan time Sell Entry at 9:55 JST → Exit at 15:00 JST The EA does not enter when a retreating trend is occurring according to the original trend judgment. This EA trades only one position. It does not trade both positions. (Even if you set Exit for Buy at 9:55 and Entry for Sell at 9:55, it will close the Buy position first and then start trading the Sell position.) Trading days:. ・Multiple days of 5 every month + the end of the month (5,10,15,20,25 days + the end of the month) *If the 50th falls on a Saturday, Sunday, or holiday in Japan, the business day immediately preceding it will be considered as the 50th day (50th day in advance). *Christmas (12/25) will not be entered even if it falls on a fiftieth day. 3. Long-term back-test results of this EA Attached below are the results of back-testing under various conditions. The spread is 1.0 pips in each case. (1) Default settings: both buy & sell trades

(2) When executing a buy-only transaction

(3) When conducting a sell-only transaction

(4) When both buy & sell transactions are executed, but not on U.S. weekends and holidays

*This is a backtest with USA_Holiday_Ignore set to false.

4. Precautions for using this EA This EA is not intended to be an investment advisory act. Please use your own judgment when deciding on the operation and lot size of the EA. Please be sure to back-test and forward-test the EA to confirm that it is operating properly in your environment. Time zone setting Please make sure that the Japanese time displayed on the chart when the EA is applied matches the actual time in Japan. This EA is designed to automatically calculate Japan time by determining the time zone of the broker's server. The time is automatically calculated even when daylight saving time is applied. Number of charts to be displayed Please set the number of charts to 5000 or more in the MT4 settings, as the system may not work properly if the number of charts to be displayed is too small. Cautions for back testing This EA calculates time by acquiring information on the broker's server, so please be sure to use it while logged in to the broker's server, even during back testing. Also, since the time zone cannot be accurately determined during back testing, the EA is designed to run in GMT+0 (no daylight saving time setting). Please validate using historical data in GMT+0 during back testing. Handling of US holidays and Saturdays By default, even if the U.S. is on a Saturday, Sunday, or holiday, trading will be performed if it falls on a Japanese 50th day of the week. However, it is possible to set whether or not entry is allowed when the U.S. falls on a Saturday, Sunday, or holiday in the EA parameters. Compound interest setting We do not plan to offer a compound interest setting for this EA (unless requested by many users). The reason is that this EA is not a high winning rate type, but is designed to gradually increase assets while repeatedly winning and losing, with a winning rate of about 60% and a risk reward ratio of about 1.2. The author believes that the most important thing in Forex is not to lose money. For example, when considering only the winning rate, the possibility of losing three times in a row is (0.4)^3≒6.4%, and the possibility of losing four times in a row is (0.4)^4≒2.5%. In other words, it is possible to lose 3~4 times in a row with the same probability as encountering Pikachu in the Tokiwa Forest. If you operate with compound interest, you can greatly increase your assets when you win consecutively, but when you lose consecutively, you may lose all your assets at once and have to exit the market. It is the author's wish that users will gradually increase their assets without exiting the market. The situation in which this EA is not good at As stated above, this EA will lose its time advantage when price fluctuations exceed actual demand. For this reason, if you are concerned about a major event such as the FOMC meeting, for example, it is a good idea to stop operation.

Recommended trading lot At 25x leverage, the margin requirement per lot (100,000 currency) is 520,000 yen at 130 yen per dollar. Furthermore, the maximum stop loss (100 pips) is 100,000 yen/lot per trade if the default settings are left as they are, and the maximum DD is 460,000 yen/lot between 2003~2022. Therefore, the limit is 1.0 lot per 1,000,000 yen at most, and the user can increase or decrease the number of lots based on his/her allowable risk.

...positions across the week. This EA does not trade across weeks. Entry and exit times This EA is initially set to the author's recommended trading hours, but the parameters can be changed as needed. However, if the buy exit time is later than the sell entry time (for example, the buy exit time is 10:00 and the sell entry time is 9:55), the logic will not allow both positions to be held, so the sell trade will not be executed. If the position holding times overlap, display two charts, change the magic numbers, and set two EAs to trade only the buy and sell positions, respectively. Currency Pair Only USD/JPY is supported. GoGoJungle Demo Forward Test Settings We operate with the default settings. We will trade even if the U.S. is on a Saturday, Sunday, or holiday.