KAEDE_eurusd_MT5

[EA operations].

After purchasing an EA, we recommend that you operate it in a demo account for a certain period of time before operating it in the main account.

About KAEDE, Logic Overview

KAEDE will be an EA for EURUSD/15M.

A variable lot system is used to easily achieve compounding depending on the amount of funds (fixed lots can also be used).

Even those unfamiliar with EA can easily start using it with simple settings and in its initial state.

A maximum of 50 positions can be held (maximum of 10 positions by default), and entries are made only in the same direction (no double-folding).

KAEDE follows the long-term trend, and the logic is to repeat entries in the direction of the trend or in a range, at points that are relatively stable and easy to profit from. In past verifications, KAEDE has been profitable.

The EA is designed for those who do not want to cut their losses, as closing is basically set to be done while profits are being generated. (If the timing of buying and selling coincides with a sharp rise or fall in the price, losses may occur.)

Profit taking is done by any internal logic, but the take-profit value (profit taking) can also be set and changed arbitrarily.

The loss cutoff (loss cut) is turned off by default, but can be turned on or off and the loss cutoff value can be set arbitrarily, so please make use of it. (See Parameter Settings).

Compound interest function and variable lot size

Our EA uses a variable lot system that changes the number of lots according to the amount of funds.

The number of lots can be varied according to the risk you wish to tolerate (see parameters)

It can be set to a fixed lot, so please make changes according to your operational policy.

If you wish to limit the volume of transactions, change the "Number of Positions" or "Lots" parameter.

[About the Optimization Verification Period

KAEDE uses the period 2015-2022 for optimization. Since we validate each condition using a wide period of time, we can expect to be able to handle any situation.

We have also verified outside of the optimization period to confirm that the logic is valid.

Since the logic is set based on the most recent market price (as of 2022), traders can expect to be able to make trades suited to market trends.

About supported currencies and time frames

This EA is dedicated to EURUSD,/15min.

Use only in the chart above.

[About the magic number...]

The EA can hold up to 50 positions, each with a different magic number.

The "basic magic number" set arbitrarily is followed by a number for each position to distinguish it. (See the explanation of each setting parameter.)

*Please note that multiple magic numbers are built into the EA.

[Regarding the discrepancy in results from the official operation.

The EA is set to not hold both positions, so if you are holding a position, you will not hold the position even if a signal in the opposite direction is generated (prohibition of both positions).

If you want your results to perfectly match those of the official operation, you must start the EA with the official operation not holding any positions.

There is no problem to start the operation immediately, as the expectation will not be lowered if it is not matched with the official operation.

Parameter Description

Maximum positions (standard: 10) = Number of positions that can be held by this EA, enter any value between 1 and 50.

Basic magic number = The basic magic number for each position. The magic number changes for each position and is numbered from 1 to 50 at the end of each position. Position 2 "12302", Position 3 "12303" .....

Order Comment = The comment that appears in the comment field of each order. By default, it is the EA name. It can be changed to any string.

-LOT RELATIONSHIPS

Variable Lot / Compound Interest Function = This setting determines whether or not the variable lot function, which changes the entry lot depending on the amount of funds, is turned ON when true. The lot number is calculated at the time of entry for the first position, and if multiple positions are held, the lot number is unified for the first position. It is recalculated when a position is closed and the position is reset.

Lots(MAX:50.0) = Fixed number of lots when the variable lot function is turned off.

Maximum lot = Function when the variable lot function is ON. Sets the maximum number of lots per position in a variable lot.

Minimum lot = Function when the variable lot function is ON. Sets the minimum number of lots per position in a variable lot.

Risk Level = Function when the variable lot function is turned on. The closer to 10, the higher the risk.

-Take Profit/Loss Cut

Take Profit (on with true) = Turns take profit on and off.

Take Profit Value (Total) = Enter the number of pips that will be used as the criteria when Take Profit is turned on. If you have multiple positions, the total of all positions will be used to determine if the standard is reached. (If Take Profit is turned off, the entered value will be invalid.)

Loss Cut (on by true) = Turns loss cut on and off. This EA is turned off by default.

Loss-cut value (total: negative value) = Enter the number of pips that will be used as the reference when the loss-cut is turned on. If you have multiple positions, the total of all positions will be used to determine if the loss-cut threshold has been reached. (If loss-cut is turned off, the entered value will be invalid.)