Wisteria Shark_EURJPY

Looking for an EA that can be safely left unattended 

As my style as a discretionary trader is systematic, I have been experimenting to see if it can be automated.

If it is to be automated, the key to complete neglect might be a unique selfishness of discretionary traders.

If I have to be in front of the chart at a specified time,"I might as well do it myself faster."I tend to think.

Taking that into account, I somehow incorporated the logic and settlement to allow for unattended operation.

That said, automated trading tends to become monotonous in environmental recognition, so I have designed it to operate safely by entering from relatively high risk-reward positions without taking risks during normal times.

Having been a discretionary trader myself, I believe that"the absence of discretion, such as stopping operation during indicators or year-end and New Year, is the essence of the EA."Therefore, I basically assume unattended operation.

Low-risk operation during normal times

I expect an annual return of about 10%. (When operating with 1 million yen, 10,000 currency/ capital efficiency of 1%.)

Since I carefully select entries from positions with high risk-reward, the number of entries will be relatively low (around 150 times a year).

While winning and losing, I will engage in trading that gradually increases capital.

Reasons for capital increase despite winning and losing

The reason capital increases despite winning and losing is"the relationship between win rate and risk-reward.".

The diagram below is an excerpt from a backtest over the past five years,"with a win rate of 46.36% and a risk-reward of about 1.5:1.".

Therefore, the expected value per trade is high, and in contrast to the "slow and steady" approach, capital will gradually increase.

Following trends like sharks devouring

The main feature of Wisteria Shark is that during trend occurrences, it continuously enters while taking small profits, as if devouring.

It is possible to take everything in one shot, but the reason for taking small profits is to make it easier to leave profits even when there is a sharp reversal.

(Depending on market conditions, it may not activate at the start of the trend and may enter midway through the trend.)

Response to the current market

Since the market environment has changed significantly since 2025, I have"slightly optimized the parameters for the current market.".

It has been confirmed that it can operate without issues in backtests over the past ten years, so please check the new backtest for details.

High recovery factor

Finally, a feature of Wisteria Shark is its high recovery factor.

The recovery factor refers to"the recovery power (ryoku) until returning to the original after experiencing a drawdown.".

EA will inevitably experience drawdown periods.

However, if the recovery factor is high, the speed of capital recovery after a drawdown is fast, reducing the anxiety that makes one want to stop operation.

The recovery factor of Wisteria Shark over the past five years is"1.42.", and it can be seen from the test results that it has recovered in about six months even after a drawdown.

Time control for the cautious

Even with a safe design, there are times when one does not want to enter during the week or from NY close to Tokyo, so I have equipped the parameters with time control for the cautious.

Please set the entry time settings, NG time settings, and weekend forced settlement according to your preferences.

In the initial settings, it is set to NG for entry between 6 AM and 7 AM Japan time, as this period often results in a range with significantly poor win rates.

Regarding pricing

Due to the revision of the sales rate by GogoJungle, we have raised the prices of all products. Thank you for your understanding.

Regarding parameters

I will explain the parameters that can be set.

▀ Magic Number: Please enter your preferred number. However, please ensure it does not overlap with other EAs.

▁ Lot Size: You can enter your preferred lot. Please be careful not to over-leverage.

▂ Enter the width of the SL that will be set automatically at the time of entry. It rarely gets triggered, but it is set to 200 pips as an initial value as a countermeasure for gap openings.

▃ Enter the pips for taking profit when the price is reached. Based on the trend of Euro-Yen over the past five years, the initial value is set to 120.

▄ Enter the pips for cutting losses when the price is reached. Based on the trend of Euro-Yen over the past five years, the initial value is set to 70.

▅ Set the maximum spread width for trading. This will control to avoid entry when the spread widens during indicators, so please set it to about 1.5 to 2 times the average spread of your broker.

▆ Enter the pips of unrealized profit at which the trailing stop will activate. Based on the trend of Euro-Yen over the past five years, the initial value is set to 70. If you do not use it, please enter a large number like 10000.

▇ Enter the pips to raise the SL when the trailing stop activates. Based on the trend of Euro-Yen over the past five years, the initial value is set to 30.

█ Please enter the GMT of your broker. If not entered correctly, it may cause time control to not function properly.

▉ Set the daylight saving time. Please set it according to your broker's daylight saving time transition period.

▊ Set the start time for allowing entries. Please enter in 24-hour format.

▋ Set the end time for allowing entries. Please enter in 24-hour format.

▌ Set the start time for not allowing entries. Please enter in 24-hour format.

▍ Set the end time for not allowing entries. Please enter in 24-hour format.

▎ Set the days of the week when entries are not allowed. Please enter the corresponding number for the day of the week.

▏ Set this if you do not want to hold positions over the weekend. Choose "true" for forced settlement, or "false" if not used.

▐ Set the time for forced position settlement over the weekend. Please enter in 24-hour format.

Regarding settings 3.4.5.7.8, the release of parameters has been discontinued. Please understand and use accordingly.

Notes

⅛ This EA does not guarantee profits. Please understand that there may be losses exceeding past tests depending on future market conditions.

⅛ Backtests are conducted with a fixed spread of 2.5 pips. There is a risk of significantly poor performance with spreads above this.

⅛ Other than the lot, the parameter values are recommended settings. Please conduct performance evaluations after changing settings at your own responsibility.