This item is not currently on sale.
Best Selection EURJPY
Expert Advisors
MetaTrader 4
Sales from
1/4/2023
Last Updated At
7/16/2024
Version
6.00
My Profile
あんぽん- Whole period
- 2 years
- 1 year
- 6 months
- 3 months
- 1 month
Profit
:
-101,413JPYProfit Factor
:
0.96Rate of return risk
?
:
-0.25Average Profit
:
1,719JPYAverage Loss
:
-3,783JPYBalance
?
:
898,587JPYRate of return (all periods) ?
:
-7.03%Win Rate
:
67.79%
(604/891)
Maximum Position
?
:
10Maximum Drawdown
?
:
26.93%
(405,337JPY)
Maximum Profit
:
18,200JPYMaximum Loss
:
-12,100JPYRecommended Margin
?
:
1,441,730JPYUnrealized P/L
:
41,837JPYDeposit
?
:
1,000,000JPYCurrency
:
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
[EUR/JPY]
Trading Style
[Scalping]
Maximum Number Position
10
Maximum Lot
10
Chart Time Frame
M5
Maximum Stop Loss
90
Take Profit
30
Straddle Trading
Yes
Application Type
Metatrader Auto Trading
Other File Usages
No
------------------------------------------------------------------ ☆☆☆ About "Best Selection EURJPY ------------------------------------------------------------------ It works with 5-minute EURJPY. It is a scalping EA to follow the long-term trend and reverse the short-term trend. As long as the entry sign is lit, it will continue to enter at any time up to the maximum number of positions while spreading the time. The external parameters are explained in detail below, so they are omitted, but operation with default settings is basic. ------------------------------------------------------------------------- ☆☆☆☆☆Explanation of external input parameters for "Best Selection EURJPY ------------------------------------------------------------------------- ■"Account_balance" is the amount of funds to be used for the "Jumpin/Martin" function. Note that the stop loss amount during the use of the "Jumpin' and Martin" function will be calculated from this value. The default setting is to disable the use of the "Jumpin/Martin" function. If you want to use the stop loss/merchine function, set it by an external parameter. StopLoss_percent" is the percentage of the stop loss to the amount entered in "Account_balance" above. When the unrealized loss reaches this percentage, the stop loss order will be executed. If Account_balance is set to 1,000,000 & StopLoss_percent is set to 10%, the stop loss will be cut off at -100,000. If Account_balance is set to 1,000,000 & StopLoss_percent is set to 30%, the stop loss will be cut off at -300,000. If Account_balance is set to 1,000,000 & StopLoss_percent is set to 50%, the loss will be cut off at -500,000. If Account_balance is set to 1,000,000 & StopLoss_percent is set to 70%, the loss will be cut off at -700,000. If Account_balance is 1,000,000 & StopLoss_percent is 90%, the forced loss cut will be made at -900,000. If the account balance falls below the minimum margin requirement due to unrealized losses, a forced loss will be cut regardless of this setting. In the "Profit_target" field, enter the target profit amount for the first position. Adjust it in reference to the Lot setting and the Take Profit value setting. The "Profit_target_plus_percent" is the percentage increase in the target profit amount after the second position. If Profit_target_plus_percent is set to 50%, the target profit amount will increase by 50% for each additional lot after the second position. In the case of "Target profit of the first position is 10,000 yen" and "All positions after the first position are 0.1 lot simple dumping," if 50% is set, the result would be as follows. Position 1 0.1Lots Total Lots 0.1Lots Total Target Profit 10000 yen Position 2 0.1Lots Total Lots 0.2Lots Total Target Profit 15000 yen (1000 yen x 50% = 5000 yen) Position 3 0.1Lots Total Lots 0.3Lots Total target profit amount 17500 yen (1000 yen x 50% x 50% = 2500 yen) Position 4 0.1Lots Total Lots 0.4Lots Total target profit amount 18750 yen (1000 yen x 50% x 50% x 50% = 1250 yen) ■"Lots_up_type" is "0" or "1". Input "0" or "1" for "Lots_up_type". Enter the number of lots for the first position in Lots_first. Lots_up" is valid when "Lots_up_type" is "0". The number of lots will increase from the second position onward according to the entered value. Lots_up_multiple" is valid when Lots_up_type is "1". The number of lots will increase after the second position at the multiplier entered. If Lots_up_type is set to "0", the number of lots will increase by the number entered in "Lots_up" after the second position. When "Lots_first = 0.1" and "Lots_up = 0.01" Position 1: 0.1Lots Total Lots 0.1Lots Position 2: 0.11Lots Total Lots 0.21Lots Position 3: 0.12Lots Total Lots 0.33Lots If Lots_up_type is set to "1", the number of lots will increase by the multiplier entered in "Lots_up_multiple" from the second position onward. When "Lots_first = 0.1" and "Lots_up_multiple = 2" Position 1 0.1Lots Total Lots 0.1Lots Position 2 0.2Lots Total Lots 0.3Lots Position 3 0.4Lots Total Lots 0.7Lots Position 4 Position 0.8Lots Total Lots 1.5Lots ■"Max_position_buy" is the maximum number of buy positions. Max_position_sell" is the maximum number of sell positions. Total_Max_position" is the maximum number of positions that can be taken as the sum of the sell and buy positions. Nampin_start_position" is the position setting for the start of the Nampin-Martin. When "Nampin_start_position" is set to "1", the market will start a Nampin-Martin from the second position. When Nampin_start_position is set to "2", the start of a delayed move will begin from the third position. When Nampin_start_position is set to "3", the start of the next move will be from the fourth position. Distance_first" is the distance in pips between the first and second positions. Distance_up" is the number of pips between the second position and the third position. In the case of "DIstance_first = 20" and "DIstance_up = 3", the interval between the first and second positions is 20 pips The interval between the second and third positions is 23 pips The interval between the third and fourth positions is 26 pips The interval between the fourth and fifth positions is 29 DIstance_first = 20" and "DIstance_up = 0" Interval between position 1 and position 2 20 pips Interval between position 2 and position 3 20 pips Interval between position 3 and position 4 20 pips Interval between position 4 and position 5 The "Magic1" is a number of 8 digits or less that identifies which EA order it is. The number within 8 digits can be any number, but be sure to set it to a different number when using with another EA. Entry_start_hour" should be set to the beginning of the time when entry can be made in "GMT+3" time. In "Entry_end_hour," set the end time of the time when entry can be made in "GMT+3" time. The time of this EA is based on "GMT+2" and "GMT+3". If "GMT+2" is set to +7 hours, and if "GMT+3" is set to +6 hours, the time will be set to Japan time. GMT+2" is winter time, and "GMT+3" is summer time. Weekend_close" is a setting for whether or not to close on weekends. Weekend_Refrain_from_Entry_hour is the time when the weekend entry restriction starts. Weekend_close_hour" is the time to close the entry on weekends. Early_week_Entry" is a setting to enable or disable the EA operation start time at the beginning of the week. Early_week_Entry_hour is the setting for the EA start time at the beginning of the week. Yearend_Filter" is a filter to select whether or not to enter from 12/20 to 1/5. Free_comment" is the comment displayed in the trading history of the account. You can change it freely. Trading_stop" is a filter to select whether or not to use the trading stop function. The "Trading_trigger_pips" parameter is used to set the price range at which the trading stop will begin to function. When the trading stop begins to function, the stop loss will be raised by the price range specified in "Trading_pips". Trading_interval" is the interval at which the stop loss is updated. With the default setting, the stop loss is updated every 5 seconds. The "Hi_Lo_stop" parameter selects whether or not to close at the high or low price of the period specified in "Hi_Lo_period_H1". The number in "Hi_Lo_period_H1" is the interval of the high and low prices in one hour, and is also the number of candles to be measured. Even if the high or low price is renewed, it does not necessarily mean that the market is closed. The logic is somewhat rough. Scal_Exit_logic" is a logic to close the position on a reversal rebound. Exit_logic" is a logic to close the position when the long-term trend reverses. TakeProfit" is the limit price at which you want to take profits. StopLoss" is the stop loss limit price at which you want to cut your losses. Max_spread" is the spread that you do not trade when the spread exceeds the set value. Slippage" is the acceptable slippage width when you place an order. Entry_interval" sets the waiting time between entries to prevent a runaway caused by consecutive entries. If the value is set to 29 or less, no entry is made to prevent a runaway. In "Money_Management," select whether or not to use compound interest management. If you want to use compounding, set the value in "Risk_percent". Best_Selection_EURJPY" is a logic for long-term forward trend and short-term reverse trend. Price_range_Nampin_Logic" is a fixed-price range, nampin-martin logic. The above logic can be easily turned "ON" and "OFF" so that you can optimize your portfolio. When all of the above logics are turned "OFF," no entry is made forever. It becomes a settlement-only EA. Please confirm the performance to some extent with a demo account or back test before operating the EA. ----------------------------------------------------------------- ☆☆☆☆☆☆About the recommended military funds of "Best Selection EURJPY ----------------------------------------------------------------- If it is the default setting, we recommend 1,000,000 yen.
¥3,000 coupon available.
The coupon will expire in 3 days.
The coupon will expire in 3 days.
×
Sales from
:
01/04/2023 01:33
Purchased
:
0
times
Price: $183.27 (taxed)
¥30,000(taxed)
Provider/Distributor:
Sales site:
GogoJungle
●Payment
Forward Test
Back Test
Sales from : 01/04/2023 01:33
Purchased
:
0
times
Price: $183.27 (taxed)
¥30,000(taxed)
Provider/Distributor:
Sales site:
GogoJungle
●Payment
About Forex Automated Trading
What is Forex Automated Trading (MT4 EA)?
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.
Trading Types of Forex Automated Trading
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)
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)
Risks, Advantages, and Disadvantages of Forex Automated Trading
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.
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.
Equipment and Environment Needed for Automated Trading Operation
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.
・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.
Installation of MT4 and Account Login
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.
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.
How to Install EA on MT4
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.
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.
In Case You Want to Change the Account in Use
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 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.
Solutions for Errors During Web Authentication or Non-Functional Account Trading
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
→ Items to Check When EA is Not Operating
About the Size of Trading Lots
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.
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.
Glossary of Automated Trading
・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)
・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)
Useful related pages
・How to Install MT4 EA (Expert Advisor) and Indicators
・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
・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
