Cirius_a_GBPCHF

z Outline and development concept of this EA

This EA is a so-called "time-controlled scalar EA"with "high winning rate," "high number of trades," and "contrarian type.

As its features, this EA has been developed as a versatile specification that can be added to the portfolios of inexperienced intermediate and advanced tra ders who have already achieved considerable results, while responding to the concerns of those who are thinking of starting automated FX trading and beginners who wonder whether their assets will really increase through EA operation. The product was developed as a versatile specification that can be added to the portfolio of inexperienced intermediate and advanced users who have already achieved considerable results.

Next, as for the logic of this EA, in the foreign exchange market where many asset managers around the world participate and which is open 24 hours a day, all year round, we set our sights on the "morning of Japan time" when"abnormal prices" can be observed due to relatively low trading volume, and discern the direction of buying and selling by "the direction indicated by the candlestick ", Wait for the entry timing.

The trader enters with the trigger of an "oscillator indicator" that indicates an "oversold" (buy) or "overbought" (sell) sign, and follows the direction indicated by the candlestick, holding the position for several minutes to a maximum of one day.

Based on the analysis of the past verification period of more than 14 years, the developer considered the best way to secure profit while minimizing drawdowns as much as possible, and prepared for unforeseen circumstances with a "fixed stop" placed on the opposite side of "the direction indicated by the candlestick," while also performing an overly greedy "fixed profit fixing" tosteadily accumulate profits. The developer will steadily accumulate profits.

In developing this EA, we carefully selected the technical indicators that would serve as triggers from the viewpoint of " thorough elimination of over-optimization " as its "basic philosophy." In addition, from the viewpoint of "psychological stress reduction," which prevents the trader from losing his/her mind due to repeated losses, we have achieved a high winning rate of approximately 85% or more.

The asset curve for "about 14 years since 2008," when the foreign exchange market became the norm as a "high-speed e-commerce format" via the Internet as it is today, has been "rising steadily without many dips " and the "annual profit balance" has been considered so that annual profits during this period will not be significantly impaired. The " balance of annual profit" is also taken into consideration so that the annual profit during the relevant period will not be significantly impaired.

I, "stargazerMG," the developer of this EA, have published this EA as the "stargazer series. When a developer begins development of an EA, he or she starts with a concept of what kind of EA he or she wants to create by envisioning an"anthropomorphiccharacter.

The name of this EA, " Cirius," was developed with the hope that"Cirius," which is said to be the watchdog of the god Orion who was a hunter, will be a "faithful watchdog" to protect the portfolio of investors. As a developer, I would be very happy if you could keep this EA by your side for a long time.

0 Description of parameters and initial values

MagicNumber = 10201020 (default)
When using multiple EAs in the same MT4, enter different numbers for each EA to avoid duplication with other EAs.

Lots = 0.38 (default value)
The default value is 0.38 lots, but you may change the value according to the risk you are willing to take.

Maxposition = 4 (default)
If a sign occurs more than once during the available entry time, a maximum of 4 positions will be taken. As with the number of lots above, this value should be changed according to the risk you are willing to take.

GMT = +2 (default)
Please enter the value according to the GMT of the FX company you are using.
Enter the default value of "2" for a FX company with GMT = +2, "9" for a FX company with GMT = +9, and "0" for a FX company with GMT = 0.

Summertime = 1 (default)
Enter the value according to the Summertime setting of the FX company you are using.
Enter the default value of "1" for the U.S., "2" for the U.K., and "0" for FX firms without Summertime settings.

Max enable spread pips = 70 (default value)
The spread at the time of entry of GBPCHF, the currency pair for this EA, is set at 3.5 pips, and the allowable spread is double that at 7.0 pips.
Please adjust the spread by taking into account the spread of your own FX company in the early morning hours of Japan time.

Finally
This EA is intended for use by beginners in automated FX trading, and the variable parameters that must be input by the operator himself/herself are limited to the minimum necessary.

In short, all of the parameters are based on long-term "back-testing results" over a period of more than 14 years, and are set by the developers based on their judgment that they will remain valid in the future, and are not variable in principle, except as described above.

Therefore, if the developer determines that this EA "needs to be adjusted" based on future changes in the market environment, we will release an upgraded version at the appropriate time.