GBP-JPY CANRACTION-1（ポンド円 プライスアクショントレンドフォロー型安全運用機能付きＭＴ４ 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...
------- <EA Concept>-------
GBP/JPY (GBP/JPY ) 2 using the 1-hour time frame This is a trend-following MT4 EA that uses two moving averages and candlestick price action in its logic to repeat automated trading.
Once a major trend occurs, the system is designed to follow the trend by repeatedly entering and exiting in the same direction.
In addition, the average number of trades per month is about 5 to 6, with a good winning rate, small drawdowns, and a low number of consecutive losses, making it a mentally-friendly swing trade type of E If you have sufficient funds, it is recommended that you increase the lot size of your trades.
Some of the same conceptual safety features that we have recently incorporated into all of our EAs for sale!
On the entry side, safe entry logic is built in to automatically hold the "highs" and "lows" during sudden market fluctuations and to automatically forgo entry in a range market with little price movement.
Avoid sudden market fluctuations and the risk of not moving . and when the market starts to move, we " get it right... " and get it up and running. and in 10 years, the principal amount of 150,000 yen was increased by 9.5 times to 142,000 yen. The annualized yield is 94.6%.
A little about the origin of the EA name.. .
As mentioned earlier, two moving averages and candlestick price action...
In other words. ...
The term was coined from "candlestick action" = "Candle Action" = "Candle Action
" Canraction -Named "Canraction-1". ...
Really. ...
The 'n' is not necessary, but Can = can. ... I left the "n" as a sign of hope.
For those who want to enter multiple positions at different entry times when a major trend occurs and take a little risk to earn a large profit, we now offer the "Multiple Position Entry Type Canraction -A" is also under development.
Stay tuned!
In addition, the one-position entry type " Canraction -1" and the multi-position entry type " Canraction A" have a slightly different logic, so if you are looking for a low-risk operation, you may want to consider the single-position entry type, " Canraction 1", which is designed exclusively for this single-position entry type.
Everything is already set up so that you can start trading immediately after installation, and all you have to do is change the number of lots you want to trade!
------- <Set contents> -------
------- <Basic Settings Details> -------
------- <Backtest conditions and results> -------
Conditions ●-------------------
The past 10 years from 01.01.2012 to 2.021.12.31. The past 10 years from 01.01.2012 to 12.31.2012
No compounding
10,000 Currency Fixed
Minimum recommended margin: 160,000 yen
Gross profit : 1,421,380 yen
Annualized yield : 94.6%.
*All amounts in the report are converted into yen.
Strategy Testetr Report Strategy Testetr Report - --------------------------------
Quant Analyzer Report Quant Analyzer Report - --------------------------------
Quant Analyzer Report ( Detailed monthly income/expenses for 10 years ) ●--------------
Quant Analyzer Report ( Monte Carlo Simulation ) ●--------
------- <Details of default parameters> -------
The default setting is "No Compounding", so if you are OK with "No Compounding", just set the number of "Lots" to your desired value and you can start trading! If you want to start trading without compounding, all you need to do is to set your desired trading volume in "Lots".
------- ＜Caution and Terms of Use>-------
This EA is an EA that can be operated on MT4, and we do not recommend that you operate it on a real account without a forward test. We do not recommend that you operate this EA on your real account without forward testing.
After installation, different results may occur depending on the trading environment and MT4 settings, etc. Therefore, we recommend that you first confirm the operation of your demo account for at least one month before considering operating a real account. Please confirm the operation of your demo account for at least one month before you start trading with a real account.
The back-test reports and analytical materials in this product and the accompanying materials are not a guarantee of future profits. Please understand and acknowledge this in advance.
Thank you for your cooperation. m(__)m
Price: $187.33 (taxed)
￥29,800(taxed)
●Payment
Sales from : 08/02/2022 22:41
Price: $187.33 (taxed)
￥29,800(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