bluebird EA Metatrader 4 (MT4) dedicated automated trading software (includes 2 EAs)
- Whole period
- 2 years
- 1 year
- 6 months
- 3 months
- 1 month
Profit
:
-3,123.00USDProfit Factor
:
0.90Rate of return risk
?
:
-0.83Average Profit
:
74.00USDAverage Loss
:
-91.00USDBalance
?
:
6,877.00USDRate of return (all periods) ?
:
-0.87%Win Rate
:
52.72%
(329/624)
Maximum Position
?
:
3Maximum Drawdown
?
:
1.05%
(3,775.00USD)
Maximum Profit
:
123.00USDMaximum Loss
:
-236.00USDRecommended Margin
?
:
357,704.00USDUnrealized P/L
:
0USDDeposit
?
:
10,000.00USDCurrency
:
USD- 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/USD]
Trading Style
[Swing Trading]
Maximum Number Position
2
Maximum Lot
-
Maximum Stop Loss
25
Take Profit
50
Straddle Trading
Yes
Application Type
Metatrader Auto Trading
Other File Usages
Yes
☆゜*:.... .... :*......**:.... .... :*・・・☆゜*:.... .... :*・・・・・*:.... .... :*....
Thank you for your interest.
This is "bluebird EA", a dedicated automated trading software for MetaTrader4.
We created this software with the hope that you will profit from it.
bluebird EA is an EA version of the discretionary system BlueBird System.
Using signal indicators and trend indicators, highly accurate entries are possible.
With discretionary trading, entry opportunities are often missed.
It was impossible to enter the market 24 hours a day, even if a good sign appeared.
EAs allow me to trade without having to keep an eye on the chart.
However, with EA, you can use the system to automatically enter when there is an entry opportunity, so that you do not have to keep an eye on the chart.
BlueBirdSignal (Signal)" and "BlueBirdTrend (Trend)" EAs are included in the package.
You will be able to use both types of EAs when you purchase this product.
For more details, we have created a wiki, which you can also check here.
bluebird_EA@Online Help
http://www57.atwiki.jp/bluebird_ea/
*------------------------------------------------------------------------*
Latest Updates.
*------------------------------------------------------------------------*
September 15, 2012 version 1.00
EA version of BlueBird system has been released!
September 24, 2012 version 1.1
A bug that caused trades to occur outside of the specified server time
The corrected version has been uploaded.
System weight reduction was also implemented.
*------------------------------------------------------------------------*
System Overview
*------------------------------------------------------------------------*
As this is an EA (automated trading software), entry and settlement will be done by automated trading.
Used in the discretionary system
BlueBirdSignal (signal indicator) and
BlueBirdTrend (trend indicator) used in the discretionary system.
With 24-hour entry, flexible trading styles from scalping to day trading are possible.
The number of lots, stop loss and take profit values can be set.
In addition, various functions are implemented.
Please see below for a step-by-step explanation of the functions.
*------------------------------------------------------------------------*
About EA
*------------------------------------------------------------------------*
Currency Pairs
In principle, any currency pair can be used.
However, we recommend [EURUSD] [USDJPY] [EURJPY] and other pairs with low spreads and high liquidity.
Trading Style
A wide range of strategies such as scalping, day trading, and swing trading are available.
The recommended timeframe is the 1-hour timeframe.
■About positions
The maximum number of positions is allowed up to the broker's available lot size.
Both positions are allowed.
Maximum stop loss/take profit can be set manually.
*------------------------------------------------------------------------*
Other features and functions.
*------------------------------------------------------------------------*
In making EA, we have implemented various functions and filters instead of simple Doten Signal.
We have reduced the risk of over-trading by not having more than two positions.
We will introduce them in the following order.
Please refer to the items and parameters.
■ is a description item
□ is a parameter item that can be set.
True is valid/false is invalid.
The number of lots, slippage, and magic number can be set.
Takeprofit (profit) and stoploss (loss) can be set.
□ lots : 0.1
slippage : 3
takeprofit : 160
stoploss : 80
magic_number : 2012091501
Parameters for bluebird signal (default recommended)
Alert/Email delivery function is also available.
*This item is valid only for Signal_EA.
FlightPoint : 3
FlightPoint : 3 ◇ Smooth : true
FlightPoint : 3 ◇ Smooth : true
emailon : true
This item is used to set parameters for bluebirdtrend_ea (default recommended).
This item is valid only for *Trend_EA.
TimeFrame : 0
AtrFlight : 5
alerton : true
emailon : true
■When the current spread exceeds the following value (default 0.05 pips), no entry is made.
If the parameter @use_spread_limit_check is set to true, it is effective.
use_spread_limit_check : true
□ spread_limit : 5.0
Optimize lot (automatically calculates the number of lots)
This function is enabled when the parameter @use_optimize_lot is set to true.
The number of lots calculated from the current effective margin is used for entry.
The @risk is a setting for bullish entry, which increases the number of lots by multiplying (1= 1x).
◇ use_optimize_lot : true
risk : 1 (x 1x)
Select the start to end time for entry.
■It is valid when the parameter @use_trading_timezone is set to true.
*It is necessary to select MT4 server time, not Japan time.
◇ use_trading_timezone : true
□ trade_start_hour : 5 (15:00 PM Japan time)
□ trade_start_minute : 15
□ trade_end_Hour : 21 (3:00 AM JST)
trade_end_minute : 0
Weekend Settlement Function
Set the parameter @use_weekend_close to true to enable this function.
◇ use_weekend_close : true
□ week_number : 5 (Friday:5 Saturday:6
□ hour_number :21 (server time:hour)
min_number : 00 (Server time: minutes)
□ sleep_hour : 60 (The operation will be stopped for 60 hours after the weekend settlement function is executed.)
Display the status in the chart window.
This function is enabled when the parameter @show_comment is set to true.
Display the status in the chart window.
◇ show_comment : true;
That's all for the items.
We plan to add more functions and improve entry accuracy in future version functions, etc.
(Martingale, Nanping, and other functions are not planned to be implemented.)
*------------------------------------------------------------------------*
About the contents
*------------------------------------------------------------------------*
★=EA
★=Indicator file
★ bluebird_sys_signal_EA.ex4
★ bluebird_sys_trend_EA.ex4
☆ bluebirdsignal_indicator.ex4
☆ bluebirdtrend_indicator.ex4
□ online manual.html (wiki page)
□ password.txt
□ README.txt
The following is a set of files, which can be used to
The following is a set of files, which can be used to operate with parameters that contain good past performance.
(Back testing was done by FXpro)
bluebird_sys_signal_EA_eurusd1h.set
bluebird_sys_signal_EA_usdjpy1h.set
Please note that past results may or may not be reflected in future results.
*------------------------------------------------------------------------*
For support
*------------------------------------------------------------------------*
If you are having trouble installing MetaTrader 4 (MT4), EAs not working, etc., please contact us by e-mail for support.
If you have any problems, we will support you by e-mail.
Since I am an individual, it may take me a while to respond to you.
I will try to respond as soon as possible.
If you have any individual requests or comments, please contact us at the following e-mail address
psndm935@ybb.ne.jp
We will post any file updates on our blog.
We are considering distributing the files by DL-Market's bulk distribution or
We are considering to distribute the files by authenticating them with a password.
Last but not least, please use the Blue Bird System, which has been well received as a discretionary system.
Please use the Blue Bird System with EA (automated trading).
We recommend that you test the system with a small amount of lots or a demo account before using it in real trading.
We recommend that you test the system with a small amount of lots or a demo account before using it for real trading.
Thank you for your cooperation.
☆゜*:.... .... :*......**:.... .... :*・・・☆゜*:.... .... :*・・・・・*:.... .... :*....
Sales from
:
11/13/2013 06:33
Purchased
:
0
times
Price: $62.91 (taxed)
￥10,080(taxed)
Provider/Distributor:
Sales site:
GogoJungle
●Payment
Forward Test
Back Test
Sales from : 11/13/2013 06:33
Purchased
:
0
times
Price: $62.91 (taxed)
￥10,080(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