Financial business operator Kanto Finance Bureau Director (Financial) No.1960/Member Association Japan Investment Advisers Association Member Number 012-02324

TIME USDJPY

TIME USDJPY Auto Trading
Expert Advisors
MetaTrader 4
Last Updated At
11/10/2022
Version
1.0
  • Whole period
  • 2 years
  • 1 year
  • 6 months
  • 3 months
  • 1 month
Profit
-453,243JPY
Profit Factor
0.87
Rate of return risk  ?
-0.93
Average Profit
6,463JPY
Average Loss
-4,337JPY
Balance  ?
546,757JPY
Rate of return (all periods) ?
-35.67%
Win Rate
36.88% (457/1239)
Maximum Position  ?
8
Maximum Drawdown  ?
37.67% (485,793JPY)
Maximum Profit
39,904JPY
Maximum Loss
-25,360JPY
Recommended Margin  ?
1,270,540JPY
Unrealized P/L
8,581JPY
Deposit  ?
1,000,000JPY
Currency
JPY- Account
Operable Brokers
Usable with MT4-adopting brokers.
※EA measurement is stopped

Forward testing (Profit)

Product Statistics
Product Comments

Monthly Statistics

2026
2025
2024
2023
2022
  • Jan
  • Feb
  • Mar
  • Apr
  • May
  • Jun
  • Jul
  • Aug
  • Sep
  • Oct
  • Nov
  • Dec

Calendar for Months

About EA's Strategy

Translating...

Currency Pairs
[USD/JPY]
Trading Style
[Swing Trading] [Day Trading]
Maximum Number Position
60
Maximum Lot
50
Chart Time Frame
M1
Maximum Stop Loss
0
Take Profit
0
Straddle Trading
Yes
Application Type
Metatrader Auto Trading
Other File Usages
No

Created based on time zone trends.

It consists of four logic components: forward buy, reverse buy, forward sell, and reverse sell.Because of the longer holding period, the entry frequency will seem higher than the number of trades in the back test.


We do not do nan-pinning or martinning. ThereforeCan be operated from a small amountto limit risk. Only the opening price is operated, and no entry is made during early morning spikes, when the difference between the backtest and the real one is likely to be larger.Only available for accounts with MT4 GMT +2 winter time and +3 summer timeIs. It is possible to have a buy and a sell in separate logics and be in both positions.


We will raise the price in stages as they sell.Thank you in advance.

For those who have purchased the same product once, a second, more affordable, preferential version will be available.

Backtest results with parameter defaults. The default is compounding operation.



This EA is one-minute because I want it to operate only at the opening price and once per minute. There is a theory that 1-minute backtests are unreliable with a maximum modeling quality of 25%. But that is for scalping, not for longer holding periods.

Here are the backtest results for the 1-minute and 5-minute single interest, with a modeling quality of 90% for the 5-minute. The number of trades is reduced because it only runs once every 5 minutes, but the test results are similar to the 1-minute results.



Spread tolerance is high due to longer holding period. Single interest backtest results with a spread of 100.

Compound interest backtest results with 100,000 yen start, MinlotFund=10000.(Minimum lot size 0.01, 1 lot = 100,000 currency units, for yen account)



During compounding operations, the maximum lot x 10 times can be tracked even after the maximum lot of the operating firm is exceeded. Therefore, the number of transactions is increased in this test result. In this result, the maximum compounding limit is reached immediately, but when operating at this level of risk, you should be prepared to run out of funds many times if you are unlucky. *The optimal value of MinlotFund also changes when the account currency, the minimum lot of the vendor, and the unit of one lot of the vendor, are different. The maximum number of positions is 60, but this is the value when all the logic conditions are met at simple interest . In reality, all the conditions are almost never satisfied, and in my experience, the number of positions simultaneously held is about 10 or 20 at most. The maximum number of positions is 600 when all the logic conditions are met, because there is a chase position when the account balance is high and compounding is in operation.


When funds are small, either simple or compound interest, it is possible to take too many positions relative to the amount of funds. In this case, the MarginLevel parameter should be used to specify the minimum retention rate at which new positions are allowed to be taken. The optimal value of MarginLevel depends on the account leverage and the loss cut level of the active firm.

If you operate the system and decide that you do not want us to take any more new positions at this maintenance rate, you can set that maintenance rate.


In addition to Stop Loss and Take Profit, there is also Time Settlement. The stop loss and take profit PIPS will vary depending on the price of the currency pair at the time, as they are calculated in % rather than PIPS.Even if you restart the EA while holding a positive, there is no problem in managing the positives you hold. If you change the magic number to a different one from the previous one while holding a positive, you will not be able to manage the position.

We usually settle within a week. We do not have a weekend settlement function and do not intend to add one in the future, since we hold the account for a maximum of one week.

If you mistakenly set the chart to another time frame or another currency pair, you will be alerted and the chart will not function.

Since this is a small-loss, large-profit strategy, it is easiest to earn money when the market is moving in a large one-way fluctuation.It is easy to lose when the market is in a narrow range, directionless, or changes direction. I have the impression that the times when it is easy to win and the times when it is easy to lose are divided, and both times tend to continue to some extent. You may lose for several years, depending on the market conditions.Parameter Magic Magic number. 0 is a manual number, so it should be an integer of 9 digits or less other than 0 and not covered by other EAs. MaxSpread Allowable spread. Slippage Allowable slippage. MarginLevel The minimum maintenance rate at which new positions are allowed to be taken. when MarginLevel=200, new positions are allowed if there are no positions held or if the maintenance rate is 200% or more. MinlotFund Specifies the minimum lot size x 1 per fund for compound interest operation. The smaller the number, the higher the risk and the higher the return.


MM false=single interest; true=compound interest. Lots The number of lots for simple interest (not relevant for compound interest). (Not relevant when compounding) Details of the parameter MinlotFund Specifies the minimum lot x 1 per amount of funds. Example: If MinlotFund=100000 and the minimum lot size of the active firm is 0.01, an account balance of 100,000 yen will take 0.01 lots (in case of a yen account) Example: If MinlotFund=100000 and the minimum lot size of the active firm is 0.1, an account balance of 200,000 yen will take 0.2 lots (in case of a yen account) The larger the value of MinlotFund, the lower the risk of low return, and the smaller the value of MinlotFund, the higher the risk of high return. If the MinlotFund value is too small to calculate a lot that cannot be taken with that balance, the Not enough money and Alert will appear and no new position will be taken. *Please note that the value of the lot varies from vendor to vendor. When backtesting for the optimal MinlotFund setting, please test with the account currency of the expert setting the same as the account currency of the active account. If you do not see JPY in the Account Currency field of the Expert Settings for Initial Margin, enter it manually (if the active account is a Yen account). When back-testing, many people use PeriodConverter, which comes standard with MetaTrader, but it does not give accurate test results because some data are shifted. Historical data testing using PeriodConverter may produce results that differ from the backtest results posted here.


When deciding on the compounding settings without back-testing, we would like to ask you to decide on manual trading based on how much you think the best trade would be with the minimum lot when the account balance is at a certain amount. Although it may not be the case, if a firm uses a strange value for the minimum lot, it will not be able to calculate the compound interest correctly. If MM=true and compounding cannot be calculated correctly, the minimum lot will be used. If the balance is too small for the compounding setting and the lot calculated by the compounding calculation is 0, the minimum lot will be taken.


To be sure, please confirm the operation with a demo account or back test before operating the EA. This EA does not guarantee future profits. We cannot compensate for any losses incurred as a result of using the EA. Please operate at your own risk.


Sales from :  11/21/2022 22:55
Purchased :  0 times

Price: $1,887.71 (taxed)

¥300,000(taxed)

Provider/Distributor
Sales site

Payment

Master VISA JCB
Forward Test
Back Test

Sales from :  11/21/2022 22:55
Purchased :  0 times

Price: $1,887.71 (taxed)

¥300,000(taxed)

Provider/Distributor
Sales site

Payment

Master VISA JCB
About Forex Automated Trading
Forex Automated Trading refers to trading that is automated through programming, incorporating predetermined trading and settlement rules. There are various methods to conduct automated trading, but at GogoJungle, we deal with Experts Advisors (hereinafter referred to as EA) that operate on a trading platform called MT4.
There are various types of EAs (Expert Advisors) for different trading types that can be used on MT4.
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)

When engaging in Forex, there are risks in automated trading just as there are in discretionary trading.
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.
The requirements for operating automated trading (EA) on MT4 are as follows:
・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.
If you open an account with a forex broker that supports MT4, you can use MT4 as provided by that forex broker. MT4 is a stand-alone type of software that needs to be installed on your computer, so you download the program file from the website of the FX company where you opened the account and install it on your computer.

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.
To set up an EA when you purchase it through GogoJungle, follow the steps below:
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.
EAs from GogoJungle can be used with one real account and one demo account per 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.
If you encounter an error with Web authentication, or if the EA is trading on GogoJungle's forward performance page but not on your own account, there could be various reasons. For more details, please refer to the following link:
 → Items to Check When EA is Not Operating
In Forex trading, the size of a lot is usually:

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.
・Profit Factor: Total Profit ÷ Total Loss
・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)