Grid Master PRO - EURJPY
- Whole period
- 2 years
- 1 year
- 6 months
- 3 months
- 1 month
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...
Grid Master PRO (EURJPY) is a fully automated trading system, which takes much of the work out of trading, leaving you free to do other things. Grid Master PRO (EURJPY) is a professional expert advisor which includes 4 independent trading strategies integrated in. Grid Master PRO (EURJPY) is equipped with many useful systems such as Advanced Time Management system, Notification System, Friday Exit System, Recovery System and many other additional parameters for making Grid Master PRO (EURJPY) more flexible and profitable. Grid Master PRO (EURJPY) is a very effective and profitable trading strategy developed especially for the EURJPY currency pair. However, if it is used wisely it can be adapted and applied for almost any trading instrument. The grid based trading techniques are a very controversial topic in the trader's community. The reason for this is the following - used properly with proper risk and settings, they can generate consistent gains relatively safe with performance incomparable with any other trading strategy. The key elements for the success of any grid based trading are the applied risk and the right entry and exit trading logic. Grid Master PRO (EURJPY) is designed to pick up the right moment for the initial market entry and for the following additional grid based recovery trades. The second safety line of additional trades is an unique feature, which is not present in any other grid EA on the market. This feature allows a safe "high frequency" scalping, when the price is in narrow range and as well a second line of distant drawdown compensating trades in case the market price breaks in the wrong direction. The second line of drawdown compensating trades is initiated only in extremely stretched in the "wrong" direction market, only after a very strong market reversal pattern is detected. Probably, the safest way of using grid based trading strategies is to determine wisely the most probable trading direction and allow trading only in this direction.
Grid Master PRO (EURJPY) is optimized from 2015 till now. Please test after 2015 in order to get correct results!
Grid Master PRO (EURJPY) Features:
- Overbought-oversold trend filter
- Long only and short only option
- Add on reverse option
- Second line of recovery option
- New, improved, highly effective trading logic
- Email and Push Notification system
- Advanced Time Management system
- Friday Exit System Important Notes
- The minimum starting capital is $1000
- The advised starting capital is $3000
- For accounts from significant importance, AutoMM greater than 0.1 is not recommended. This is the equivalent of 0.01 lots initial trade on $10k account equity. In this case, the annual ROI (Return of Investment) can be expected in the 15-30% range
- The default settings are only for EURJPY
- Recommended time frame M15
- The default settings can be classified as reasonably aggressive. Please, perform your own backtests and examine the way the EA works!
- Recommended backtest method: M15 by every tick
- Fast backtest method: M1 open price IMPORTANT: Please, pay attention to the parameters MondayTradingHours, TuesdayTradingHours, WednesdayTradingHours, ThursdayTradingHours and FridayTradingHours! In order to get proper results, you have to set them correctly according to your broker GMT Offset. Default values are optimized for broker with winter gmt offset +2 and summer gmt offset +3!
Money Management
Grid Master PRO (EURJPY) comes with Money Management System. You can set a risk in percent and the robot will automatically calculate the lots according the risk and your account free margin. Advanced Time Management System With the Time Management System you can precisely configure the robot to trade only during specific hours. You can also configure the robot to trade or not on individual week days. This is a very powerful option which will let you avoid the most dangerous periods and to trade the best periods when the robot shows best results. Friday Exit System We all know that sometimes it could be risky to trade on Friday because the trades may remain during the weekend and may be closed on big loss due to Monday gaps. Grid Master PRO (EURJPY) has a Friday Exit system and you can configure the robot to close all trades on Friday evening at a desired time and to stop trading after this time. E-mail and Push Notification System Grid Master PRO (EURJPY) will inform you about all actions performed in your account. It easy to set-up your terminal to receive these notifications. Grid Master PRO (EURJPY) can send email and push notifications to your mobile phone and inform you about its trades. By default these options are disabled. Please read below Grid Master PRO (EURJPY) Settings to learn how to enable Email and Push notifications.
Advanced Recovery System Grid Master PRO (EURJPY) is equipped with advanced recovery system which open additional recovery trades with high risk to compensate the initial losing trades. Check the below image:
資金管理 Grid Master PRO (EURJPY) には資金管理システムが付属しています。 リスクをパーセントで設定すると、ロボットがリスクとアカウントの無料証拠金に応じてロットを自動的に計算します。 高度な時間管理システム 時間管理システムを使用すると、特定の時間内のみ取引するようにロボットを正確に設定できます。 個々の曜日に取引するかどうかをロボットに設定することもできます。 これは非常に強力なオプションで、最も危険な時期を回避し、ロボットが最良の結果を示す最良の時期をトレードできるようになります。 金曜退場制度 金曜日に取引するのは場合によっては危険であることは誰もが知っています。取引が週末まで残って月曜日のギャップにより大きな損失を出して取引を終了する可能性があるためです。 Grid Master PRO (EURJPY) には金曜終了システムがあり、金曜の夜の希望の時間にすべての取引を終了し、この時間以降は取引を停止するようにロボットを設定できます。 電子メールおよびプッシュ通知システム Grid Master PRO (EURJPY) は、アカウントで実行されたすべてのアクションについて通知します。 これらの通知を受信するように端末をセットアップするのは簡単です。 Grid Master PRO (EURJPY) は、電子メールとプッシュ通知を携帯電話に送信し、取引について通知することができます。 デフォルトでは、これらのオプションは無効になっています。 電子メールとプッシュ通知を有効にする方法については、以下の Grid Master PRO (EURJPY) 設定をお読みください。 高度な回復システム Grid Master PRO (EURJPY) には、最初の損失トレードを補うために、リスクの高い追加の回復トレードを開く高度な回復システムが装備されています。 以下の画像を確認してください。
Price: $154.39 (taxed)
￥25,000(taxed)
●Payment
Sales from : 05/31/2023 01:30
Price: $154.39 (taxed)
￥25,000(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