Blue Peacock (青いクジャク) EA
- 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...
This is anultra-fast scalping/grid styleEA(1minute) that specializes in the "AUD/CAD" movement.
It is an EA that can generate as much stable profit as possible by using the nan-pin martingale method through analysis of"currency pair selection," "market overdetermination," and "money management.
How about diversifying your risk by incorporating the unique currency pair ofAUD/CAD?
Features ofEA](Please note that the backtests are written in English.
Stable back-test results over a long period of time
The EA has been back-tested stably for 17years and 4 months from January1, 2006 to May1, 2023, andhaswithstood the market upheavals such as the Lehman Shock in2008and the Corona Shock in 2020.
(Please understand that past results do not guarantee future profits.)
High recovery factor(profit divided by maximum drawdown)
TheBlue PeacockEAhas a very highrecovery factor of 11.977( an excellentEA with a recovery factor of 8or higher ) .That is, it is an EA that accumulates very stable trades.
Total Net Profit(Profit) $ 9954 .19,Maximal DrawDown(Max Drawdown) $ 831 .11
High win rate
Blue Peacock " in back testingEA"The win rate of the EA is 88.46%. This is a very high win rate, which means that stress during EA operation is very small.
∙ Number of tra des
The number of trades for the 17 years and 4 months from January1, 2006 to May1, 2023 is 7200. The annual average is 415.4 times. The monthly average is 34.6 times. (Some months have more trades, some months have less.)
...There may be trades in both directions.
Even if you have a position, depending on market conditions, you may trade in the opposite direction and may temporarily have a position with both sides of the trade.
Back Test Analysis with Fixed and Variable Spreads
In this explanation, backtests with fixed spreads are posted, but backtest analysis with variable spreads is also available. In other words, the "Blue PeacockEA" is an EA that has a high potential for stable trading even with various FX firms.
Small drawdown
The maximum drawdown of"Blue PeacockEA" for 0.01 lots is as small as $277.03. Since the EA is set up to strictly analyze market movements on a 15-minute time frame and take positions on a 1-minute time frame, the drawdown of the EA is small even if it is a multiple martingale method. (The default setting is 0.5. (The default setting is 0.03 lots)
Demonstrates the power of compound interest management
The maximum drawdown for a0.01lot is as small as$277.03, making this EA a powerful tool for compounding as you increase the number of lots each time your money grows. (*The details will be explained later.)
... at most5position
Maximum with the nan-pin martingale method5The position is set in the position.
note (supplementary information) symbolVarious backtests have shown that the best results are obtained with a maximum of 5 positionsThe following is a list of the most common problems with the
Leverage and money management
Since this is a "Nan-Pin Martingale" method, we would like to ask you to operate theEAunder the firm fund management.
0.01lotWhen using the "Blue Peacock EA " in
・Management with25xleverage--Initial minimum margin requirement of $2,730(approx. 360,000 yen)($1=130 yen )
[Account volume and number of lots] (regarding compound interest management)
25timesleverage
Lot sizecan be increased by 0.01 for each additional $2,730(approx. ¥360,000 ) in funds.
Note: The above compound interest calculation is based on back-testing only. Since there are no absolutes in the market, please do not take a risk in managing your assets.
We hope you will consider the Blue PeacockEAas part of your portfolioforrisk diversification.
The coupon expires today.
Price: $146.98 (taxed)
¥23,800(taxed)
●Payment
Sales from : 08/04/2023 06:01
Price: $146.98 (taxed)
¥23,800(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
