Victory_Road
- Whole period
- 2 years
- 1 year
- 6 months
- 3 months
- 1 month
Real Performance
※Displays results including swaps and fees
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...
Please see the forward results here
https://real-trade.tech/accounts/58617
・Entry timing: Japan time on the fiftieth day (days that are multiples of 5)
If the fiftieth day is a holiday, trades will automatically occur the day before.
No entries on fiftieth days without an advantage (one of the features of this EA)
・Settlement timing: Japan time at 9:55
・Compound interest operation: Possible through parameters
<Trade Overview>
This EA trades according to the fiftieth day (days that are multiples of 5).
Usually, there are 2 positions at different entry timings,
and if conditions are met, holding 3 positions increases profit rates and
diversifies risks, thus steadily accumulating profits.
From the results derived through repeated verification,
we narrow down the entry times and days within the fiftieth day,
trading at timings deemed highly advantageous.
Additionally, we do not trade in a way similar to martingale or averaging down,
so there is no risk of losing funds all at once.
Please refer to the details below.
<Basis for High Advantage of This EA>
The fiftieth day refers to days that are multiples of 5,
when Japanese companies' bank settlements increase, leading to higher demand for dollars,
making dollars easier to buy and yen easier to sell.
Overseas remittances and settlement processes also concentrate around this timing.
It is said that towards 9:55, the time when the bank's forex rate is decided,
dollar-yen tends to be bought more easily.
This tendency is indeed strong and works effectively in trades.
Although there are other EAs utilizing the fiftieth day,
this EA focuses on entry timing and the specific days of entry.
<Concept of Entry Timing>
While it is conveyed that dollar-yen rises towards 9:55,
entering just before does not yield significant price movement.
Trading early in the morning can capture some price movement, but
spreads widen early in the morning, starting trades under unfavorable conditions.
Furthermore, since the fiftieth day is a fixed day, some traders prepare in advance.
This means the dollar-yen rising trend starts earlier,
so we set the entry timing to midnight on the fiftieth day.
For example, on the 15th, it would be around 1:00 or 2:00 AM on the 15th.
The rising trend starts from around this time,
allowing for sufficient price movement capture by trading from this time.
Additionally, trading before spreads widen and waiting for spreads to normalize by 9:55,
allows trading without spread impact.
<Concept of Entry Days>
If the fiftieth day (multiple of 5) falls on a holiday or public holiday,
banks are closed, so the day before or after is counted as the fiftieth day.
Verification shows the day before is clearly effective,
so this EA trades the day before holidays or public holidays overlapping the fiftieth day.
However, there are ambiguous timings when the designated fiftieth day can vary.
Results indicate poor performance on such ambiguous days,
thus excluding them from trade days.
Since this differentiates from other fiftieth-day EAs, full details cannot be disclosed, but
for instance, May 5th is a holiday,
and with May 3rd and 4th also being holidays, May 2nd would usually count as the fiftieth day,
but if May 2nd falls on a weekend or May 1st is off for some companies due to Labor Day,
the exact fiftieth day for companies might vary.
Some years might shift to the following day even though it's usually the day before.
If May 1st and 2nd are weekends, settling in April raises the question of whether to settle twice in April,
leading to ambiguities in the exact fiftieth day.
These ambiguities likely make the fiftieth day vary.
Excluding such days has improved performance.
Such ambiguous days are rare, but
days fitting this criterion other than May 5th are also excluded from entry.
Generally, entries are made except on these few days.
The point is, instead of reacting to poor performance,
we exclude days predicted to perform poorly, confirmed by actual poor performance.
The difference in motivation behind this action is crucial for maintaining performance in the future.
This ensures the EA can sustain performance over time.
In summary, excluding days based on clear reasons for potential poor performance,
is why certain days are omitted from trades.
Price: $435.85 (taxed)
¥69,800(taxed)
●Payment
Sales from : 02/22/2023 02:22
Price: $435.85 (taxed)
¥69,800(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
