Logixy USDJPY je
- 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...
Version9.0 Update Contents
・Economic indicators reflecting until December 2025, Japanese holidays
The goal waslong-termsustainable winning EA
What kind of EA is a "long-term sustainable winning EA"? The evaluation of EA backtesting includes net profit, win rate, PF, DD, recovery factor, etc., and I believe that each person has their own emphasis on which numbers to prioritize.Logixy USDJPY je was developed with the aim ofincreasing the monthly win rate. Each trade may win or lose, but if it wins on a monthly basis, it means winning in the long term = increasing assets.
High win rate on a monthly basis
In long-term backtesting, it can be said that "there are no losses on a yearly basis" is an excellent EA, but looking further at the win rate on a monthly basis, the quality of that EA can be seen at a glance. Even "excellent EA" with no losses on a yearly basis usually has a monthly win rate of around 60-70%, meaning it loses 30-40% of the time. (Excluding averaging down and martingale EAs)
Logixy USDJPY je boasts amonthly win rate of 87%in a 20-year backtest (1 lot operation) (216 months out of 247 months), with a maximum monthly profit of 460,000 yen and a maximum monthly loss of about 160,000 yen.
In other words, since the profit amount on a monthly basis is greater than the loss amount and the win rate is also high, if the performance can be maintained as per the backtest, stable asset growth can be expected.
Not averaging down or martingale
EAs that hold multiple positions using averaging down or martingale are almost always winning, but there is a risk of blowing away several months' worth of profits in a single drawdown, leading to account failure. Of course, there are excellent EAs that operate properly even with averaging down or martingale, but Logixy USDJPY je avoids suchfailure risksby limiting the maximum number of positions to two on one side.
Stabilization through multiple logics
In a typical single logic, losses during periods when the logic does not match the market can lower the monthly win rate.
To avoid this, it is necessary to operate multiple EAs with different logics simultaneously to create a portfolio that compensates for the drawdown periods of each EA, stabilizing the overall performance.
Logixy USDJPY jeis equipped with multiple logics, resulting in a stable monthly win rate of 85% for a single EA due to this portfolio effect.
Logic 1: Buying in the latter half of NY time / Selling in the first half of Asia time
This logic enters trades using contrarian RSI values in each time zone, and in the case of a stop loss, it closes after rollover (at 2:00 MT4 time) or at 9:55 AM Japan time on Goto days.
Sell positions are entered contrarian during the good performance Fridays in the 10 AM hour Japan time, and if the profit target is not reached, they are closed at 2:30 PM Japan time.
This is based on the logic of "Grand Rising USDJPY je" sold separately.
Logic 2: Buying early on Goto days / Selling during the fixing time
On Goto days (5, 10, 15, 20, 25, 30, and if the day falls on a weekend, the preceding Friday or the following Monday), buy entries are made between 4-8 AM Japan time, and if the profit target is not reached, they are closed at 9:55 AM Japan time. Sell entries are made at 9:55 AM, and if the profit target is not reached, they are closed at 2:30 PM Japan time.
Logic 3: Contrarian buying/selling scalping throughout the day
Entries are made throughout the day based on the RSI values of each time frame and moving averages (however, there are certain time periods like NY time where no entries are made), and they are closed at the RSI value or profit target.
This is based on the logic of "Shine Day Trader USDJPY je" sold separately.
Is it suitable for the current market?
Regarding price revision
The selling price of the EA will be revised from time to time based on the selling period and the number of units sold, so please be aware of this in advance.
【Parameters】
⅛The blue text indicates changes in Ver6
【Notes】
・Can be used with brokers that have MT4 GMT settings of summer GMT+3/winter GMT+2 and GMT+0.
・Backtesting will use M1 to D1 data, so please prepare data for each time frame.
・The provision of this EA does not constitute investment advice. The timing of EA operation and the number of lots for trading should always be determined by the user's judgment.
Price: $135.86 (taxed)
￥22,000(taxed)
●Payment
Sales from : 04/26/2023 23:18
Price: $135.86 (taxed)
￥22,000(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