ロジックファクトリー

About Logic Factory

Logic Factory is an EA that allows you to create logic by combining the technical analysis in MT4.

Since logic can be built without using programming, this tool is recommended for those who have given up on creating their own EAs due to lack of time to learn MQL or for those who are not good at programming.

Of course, there are limits to what can be done in terms of modifying EA parameter settings and building logic, so it is better to use a dedicated EA creation tool such as EA Tool to create advanced EAs.

What Logic Factory can create is a strategy that combines several technical analyses.

If you come up with a good idea, you can create logic while changing the parameters of the EA, so you don't need any programming knowledge at all.

Although simple, depending on the logic, it is possible to create an EA with a steadily rising profit curve.

The image below shows a 5-minute scalping EA, which has been steadily increasing in long-term back testing.

Advantages of using Logic Factory

What is the advantage of using Logic Factory when you can easily create EAs with EA Tool?

The biggest advantage is that you can build your own logic by simply changing the parameters of the EA. You can easily create your own trading strategy by simply selecting one trigger logic and combining it with filter logic.

For example, a forward strategy that determines the trend and enters at the first push, or a scalping strategy for early morning Asian time (morning scaling) require input from Step 1 to Step 4, but it will take no more than 5 minutes if it is just input.

In addition, since "Logic Factory" is an EA, you can immediately back-test the trading strategy you have created. If you like the back-tested settings, you can use them for automated trading.

The advantage of Logic Factory is that it is just that simple.

Combination of EA Tsukuru and Logic Factory

Logic Factory is even more effective when used in conjunction with EA Tsukuru.

EA Tsukuru is a convenient tool that makes it easy to create EAs, but the process of inputting data is a bit tedious.

Even if you want to change the parameters and check them, it is not easy.

Logic Factory is useful in such cases.

You can efficiently create EAs by creating and verifying logic in Logic Factory in advance and then inputting it into EA Tool.

How to use Logic Factory

1. Using Logic Factory is easy.

   
   There are four major sections in the Logic Factory, and for each section, you simply select the conditions you want to use and enter them.

   
   

   1. basic setting
   2. trigger logic
   3. filter logic
   4. close-logic

   
   The basic steps in creating logic in Logic Factory are as follows

   
   

   

   

   

   

   

   Of course, depending on your logic, you may not need to enter all of Steps 1 through 4.

   
   

   For a logic that enters at a moving average crossing and stops to take profit at a trailing stop, simply enter Step 1 and Step 2.

   
   

   If this is all there is to it, it should take less than a minute to enter.

   
   

   We will post an article on Investment Navigator+ with examples of specific uses in the future.

   
   

   Parameter Description

   ■Basic Settings
   Magic Number (287351)
   You can change the magic number.

   Lot(0.1)
   You can change the number of lots to trade.

   Spread Filter (5)
   If the spread is more than the set value (pips), no entry will be made.

   Slippage(3)
   Set the slippage.

   Fixed Stop Loss (100)
   Set the stop loss (stop loss order).

   Take Profit Fixed (100)
   Take Profit (Fixed Profit)

   ├Variable Stop Loss Take Profit
   ├ Duration of ATR
   ├Multiple of ATR (Stop Loss)
   └Multiple of ATR (Take Profit)
   Variable stop loss and take profit using ATR.

   Trailing Stop
   ├Trailing stop (not used, normal, activated after break even, break even only)
   ├Trailing stop
   ├Step
   └Break Even

   Enable long entry
   Enable long entry by true.

   Enable Short Entry
   Enable Short Entry by true.
   Enable Close Logic
   Enable Close Logic

   ■Trigger Logic
   The logic used to trigger entry is mainly the crossing of two lines.
   Please change the trigger logic used to true and set the parameters.
   Only the long entry parameters are shown.
   The short entry parameters are the opposite of the long entry values.
   (Note: Only one trigger logic should be selected.

   Moving Average Cross (false)
   Short-term moving average (20)
   └Long-term moving average (50)
   This is a general moving average cross.
   Long: Short-term moving average crosses the long-term moving average from below to above
   Short: The short-term moving average line crosses the long-term moving average line from above to below

   ADX (Cross of +DI and -DI)(false)
   └Period of ADX(14)
   Use the cross of +DI and -DI of ADX.
   Long: +DI exits above the -DI from below
   Short: +DI exits the -DI from above to below

   ATR Breakout (false)
   ├ ATR Duration (14)
   └Break level (100)
   Condition: ATR (Average True Range) breaks out above the set value from below.
   ATR alone cannot determine the direction of the trend, so it must be combined with a filter that can determine the trend.
   Therefore, please combine ATR with a filter that shows the trend.
   ATR values are converted into pips.

   ├Bollinger Band Upper Band Touch (false)
   ├ Bollinger Band Duration (20)
   └Deviation (2)
   Enter when the Bollinger Band touches the band.
   Long: The candle closes above the +2σ (can be changed) line from below.
   Short: The candle closes above the -2σ (can be changed) line.

   ├Bollinger Bands Lower Band Touch (false)
   ├Period of Bollinger Bands (20)
   └Deviation (2)→
   Enter when the Bollinger Band touches the band.
   Long: The candle closes above or below the -2σ (can be changed) line
   Short: The candle closes above the +2σ (can be changed) line from below.

   CCI Breakout (false)
   ├CCI Duration(14)
   └Break level(50)
   Long: CCI breaks out above the break level from below
   Short: CCI exits the -break level from above to below

   ├Envelope upper band touch (false)
   ├Envelope period(14)
   └Deviation(0.10)
   Enter when the band of the envelope is touched.
   Long: The candle closes above the upper band line from below
   Short: The candle closes above the Lower Band line from above

   Envelope Lower Band Touch (false)
   ├Envelope duration(14)
   └Deviation(0.10)
   Entry is made when the band of the envelope is touched.
   Long: The candle closes above and below the lower band line
   Short: The candle closes above the upper band line from below

   MACD Breakout (false)
   ├Short-term EMA Duration (12)
   ├Long-term EMMA duration(26)
   ├Period of Signal(9)
   └Breakout level(0)
   Long: MACD line exits the breakout level from below to above
   Short: MACD line exits the - breakout level from above to below

   MACD cross (false)
   ├Short-term EMA Duration (12)
   ├Long-term EMMA Duration(26)
   └Period of Signal(9)
   Long: MACD line exits the signal line from below to above
   Short: MACD line exits the signal line from above to below

   ├RSI counter (false)
   ├RSI period(7)
   └Counter level (30)
   Long: RSI exits the counter level from above to below
   Short: RSI exits above the 100-counter level from below

   Stochastic Counter (false)
   ├%K periods (5)
   ├%D periods(3) ├slowing(3))
   └Counter level (30)
   Long: Stochastic exits the canter level from above to below
   Short: Stochastic exits the 100-counter level from below to above

   Stochastic Signal Line Crossing (false)
   ├%K periods (5)
   ├%D periods(3)
   └Slowing (3)
   Long: Stochastics exits the signal from below to above
   Short: Stochastics exits the signal from above to below

   William%R Counter(false)
   ├ William%R duration(14)
   └Counter level(-80)
   Long: William%R exits the counter level from above to below
   Short: William%R exits the -100-counter level from below to above

   RVI Crossing(false)
   └RVI Duration(10)
   Long: RVI exits above the signal from below
   Short: RVI exits the signal from above to below

   └Low touch(false)
   └Duration of lows (12)
   Enter when the candlestick touches the low line

   └High price touch(false)
   └High price period(12)
   Enter when the candlestick touches the high line

   Entry at specified time (false)
   ├Hour(00)
   └minute(00)
   Entry is made at the set time.
   Use in combination with filter logic.

   ■Filter Logic
   Logic used to determine market conditions with the aim of improving entry accuracy.
   Set to "true" to enable this function.
   To change the time leg of each logic, select from the pull-down menu.

   Moving Average Slope 1 (false)
   ├Time frame (current time)
   └Duration of moving average line(20)
   Uptrend: moving average slope up
   Downward trend: moving average slopes down

   Moving Average Slope 2 (false)
   ├Time frame (current time)
   └Duration of moving average(40)
   Uptrend: moving average slope up
   Downward trend: moving average slopes down

   Moving Average Slope 3 (false)
   ├Time frame (current time)
   └Duration of moving average(60)
   Uptrend: moving average slope up
   Downward trend: moving average slopes down

   Moving average and candle position (false)
   ├Hourly time frame
   └Duration of moving average(20)
   Uptrend: candle is above the moving average
   Downward trend: candle is below the moving average line

   Positioning of the two moving averages (False)
   ├Time frame
   ├Short-term moving average period(20)
   └Duration of long-term moving average(50)
   Uptrend: Short-term moving average is above the long-term moving average
   Downtrend: Short-term moving average is below the long-term moving average

   Average leg (false)
   └ hourly legs
   Uptrend: Average leg is positive
   Descending trend: average leg is negative

   Level of ADX (false)
   ├Time frame
   ├Period of ADX(14)
   └Level of ADX(16)
   Trend occurrence: ADX is greater than the level of ADX

   Slope of ADX (false)
   ├ hourly └ period of ADX (14)
   Trend continuing: ADX slope is up

   ADX (Positioning of +DI and -DI)(false)
   ├Hourly time frame
   └Period of ADX(14)
   Uptrend: +DI is above -DI
   Downtrend: -DI is above +DI

   ATR slope (false)
   ├Hourly time frame
   └Duration of ATR (14)
   Volatility is rising: ATR slope is up

   ATR level (false)
   ├Time frame
   ├ ATR period (14)
   ATR level (minimum)(10)
   └ATR level (maximum)(200)
   Trades are possible when ATR is within the minimum and maximum range

   Standard Deviation slope (false)
   ├Hourly
   └Duration of Standard Deviation(14)
   Volatility is rising: Standard Deviation slope is up

   Standard Deviation level (false)
   ├Time frame
   ├Standard Deviation period(25)
   ├Standard Deviation level (minimum)(16)
   └Standard Deviation level (maximum)(70)
   Tradable when Standard Deviation is in the range of minimum and maximum

   CCI slope (false)
   ├Time frame
   └CCI period (14)
   Uptrend: CCI slope up
   Downtrend: CCI slope down

   CCI level (false)
   ├Time frame
   ├CCI period (14)
   CCI minimum value (0)
   └CCI maximum value (250)
   Uptrend: CCI is greater than the minimum value and less than the maximum value
   Downtrend: CCI is less than the -minimum value and greater than the -maximum value

   MACD level (false)
   ├Time frame
   ├Short-term EMA Duration (12)
   ├Long-term EMA duration (26)
   ├Period of Signal(9)
   └Level of MACD (0)
   Uptrend: MACD is greater than MACD level
   Downtrend: MACD is less than -MACD level

   ├Width of Bollinger Bands (false)
   ├Duration of Bollinger Band (20)
   ├Deviation (2)
   Minimum value (10)
   └Maximum value (100)
   Entry is possible when the width of the Bollinger Band is between the maximum and minimum values

   Stochastic break (false)
   ├%K periods (5)
   ├%D periods(3)
   ├Slowing (3)
   └Break Level
   Uptrend: Stochastics above break level
   Downtrend: Stochastics below 100-break level

   VQ filter (false)
   ├Length
   ├Smoothing
   └Filter

   Gotoh days (5, 10, 15, 20, 25, and 30 days are available for trading)
   Combined with the Trigger Logic, trading on Gotoh days is possible.

   ■Close Logic
   ├ Moving average cross( false)
   Short-term moving average period(10)
   └Long-term moving average period(50)
   Long position close: Short-term moving average crosses the long-term moving average from above to below
   Short position close: Short-term moving average line crosses the long-term moving average line from below to above

   ADX(+DI and -DI cross)(false)
   └ADX Duration(14)
   Long position closed: +DI crosses -DI from above to below
   Short position closed: +DI crosses -DI from below to above

   ├Bollinger Band Upper Band Touch (false)
   ├ Bollinger Band Duration (20)
   └Deviation (2)
   Long position close: The candle closes above the +2σ (can be changed) line from below Short position close: The candle closes below the -2σ (can be changed) line from above
   Short position close: The candle closes above the -2σ (modifiable) line and goes below.
   Bollinger Band Lower Band Touch (false)
   Bollinger Band Period (20)
   └Deviation (2)
   Long position close: The candle closes above and below the -2σ (can be changed) line
   Short position close: The candle closes above the +2σ (can be changed) line from below.
   Short position close: the candle closes above the +2σ (changeable) line from below to above

   CCI Level Cross (false)
   ├ CCI Period(14)
   └CCI level(300)
   Long position close: CCI exits the CCI level from above to below
   Short position close: CCI exits the -CCI level from below to above

   ├Envelope upper band touch (false)
   ├Envelope period(14)
   └Deviation(0.10)
   Long position close: The candle closes above the upper band line from below.
   above the upper band line
   Short position close: The candle closes above the Lower Band line.
   Short position close: candle closes above the lower band line and closes below the upper band line

   Envelope Lower Band Touch (false)
   ├Envelope duration(14)
   └Deviation(0.10)
   Long position close: The candle closes below the Lower Band line from above.
   above and below the line of the Lower Band
   Short position close: The candle closes above the upper band line from below.
   Short position close: candle closes above the upper band line

   MACD level cross (false)
   ├Short-term EMA Duration (12)
   ├Long-term EMA Duration (26)
   ├Signals(9)
   └Level (1)
   Long position close: MACD line exits the level from above to below
   Short position close: MACD line exits above the - level from below

   MACD signal line cross( false)
   Short-term EMA period(12)
   ├Long-term EMA Duration (26)
   └Signal(9)
   Long position close: MACD line crosses the signal line from above to below
   Short position close: MACD line crosses the signal line from below to above

   ├RSI Level Crossing (false)
   ├RSI period(14)
   └Level (70)
   Long position close: RSI exits the level from below to above
   Short position close: RSI exits the 100-level from above to below

   ├Stochastic counters( false)
   ├%K periods(5)
   ├%D periods(3)
   ├Throwing(3)
   └Counter level(70)
   Long Position Close: Stochastic exits the counter level from below to above
   Short Position Close: Stochastic exits the 100-counter level from above to below

   Stochastic Signal Line Crossing (false)
   ├%K periods (5)
   ├%D periods(3)
   └slowing(3)
   Long Position Close: Stochastics exits the signal from above to below
   Short Position Close: Stochastics exits the signal from below to above

   William%R Counter(false)
   ├ William%R period(14)
   └ Counter level (-20)
   Long Position Close: William%R exits the counter level from below to above
   Short Position Close: William%R exits -100- counter level from above to below

   RVI Crossings(false)
   └RVI Duration (10)
   Long position close: RVI exits the signal from above to below
   Short position close: RVI exits the signal from below to above

   └Low price touch(false)
   └High/Low Period(12)
   Long position close: Close when the low line is touched
   Short position close: Close when the high line is touched

   High price touch(false)
   └High/Low Period(12)
   Long position close: Close when the high line is touched
   Short position close: Close when the low line is touched

   Time to close (false)
   ├Hour(00)
   └minutes(00)
   Closes at the set time.

   ■Time and Day Restrictions
   ★Time Limitations
   ├Entry available (from hour)(00)
   ├Entry possible (from minute)(00)
   ├Entry possible (up to the hour) (23)
   └Entry available (to the minute)(59)
   You can set the time of day when entry is possible.
   The default setting is from 0:00 to 23:59, so entry is possible in all time zones.

   Restrictions on days of the week
   ├ Trade on Monday (true)
   Trade on Tuesday (true)
   Trade on Wednesday (true)
   ├Trade on Thursday (true)
   └Trade on Friday (true)
   Change the days of the week you do not want to trade to false

   Use *time close (false)
   └Maximum position holding time (24)
   If set to true, you can set the maximum position holding time (Hour).
   (If it crosses over Saturday or Sunday, it will close on Monday.