BC-Grid
- 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...
【Overview】
- Highly versatile four-band grid system
- No currency pair restrictions
- With information display panel
- Equipped with spread filter
- Emergency stop function
- One-click order deletion and settlement panel
We will conduct grid trading using four bands in total, consisting of two sell bands and two buy bands, on AUDNZD, a currency pair with high reversion characteristics.
By dividing the bands and configuring each, drawdown can be minimized and profits maximized.
Rather than aiming for large profits in a short period, this is a highly versatile grid system that uses time as an ally and operates steadily.
A spread filter is installed, and pending orders are canceled during early mornings or during particularly large market shocks. This prevents entries at unfavorable prices and improves turnover and reduces drawdown.
In addition, to operate smoothly, a GUI button is provided to enable/disable new entries, delete all limit orders, and settle all positions.
(To prevent misoperation, orders delete/settlement buttons are enabled only when ButtonOperation: LOCKED is not displayed and the button is in an operable state.)
Description of each button operation
Button Operation: Press to toggle between enabled and disabled states. When displaying LOCKED, other button operations are not accepted.
NewEntry: Change whether to place new orders. Not Allowed means no new limit orders are placed. Does not affect currently held positions.
Delete All: Deletes all limit orders. Does not affect currently held positions.
Close All: Settles all currently held positions.
In addition, there is no currency pair restriction, and operators can add other currency pairs such as EURGBP or USDCAD according to their preferences, or engage in aggressive short-term trading, etc.—there are no limits to the range of operation.
【Backtest Analysis】
Currency pair: AUDNZD, spread = TDS fluctuation, test results
- Period: 2013-2024/3
- PF: 5.90
- Total profit: 1,343,091 JPY
- Initial margin: 1,000,000 JPY
- Maximum DD: 180,588 JPY
- Number of trades: 9,361
【Quantalyzer Analysis Result】
Over approximately 12 years from 2012 to 2024, excluding 2024, the annual return has remained positive every year during the ongoing evaluation period.
The profit/loss in 2024 is negative because at the end of the backtest all positions are closed, as per the仕様.
【Parameter Explanation】
*This EA uses multiple magic numbers ranging from magic to magic + all range trap num - 1. When running concurrently with other EAs, please ensure magic numbers do not overlap.
MaxSpreadPips: spread filter threshold. If the spread exceeds this value, existing pending orders are canceled and new orders are not placed. AutoMM: compounding enabled/disabled RiskPercent: compounding factor. If enabling, please perform backtests before live operation. EnableForceStopAccountLoss: whether to force close all positions and stop the EA if unrealized losses exceed this threshold ForceStopAccountLoss: threshold for unrealized losses to trigger all-close
SellCorelots: sell core-range lot settings SellCoremaxOpenPrice: start price of the sell core-range SellCoretrapCount: number of orders in the sell core-range SellCoreprofitPips: take-profit width for the sell core-range SellCoretrapIntervalPips: order interval in the sell core-range SellCorestoploss: stop loss width for the sell core-range【Notes】
BuyCorelots: buy core-range lot settings BuyCoremaxOpenPrice: start price of the buy core-range BuyCoretrapCount: number of orders in the buy core-range BuyCoreprofitPips: take-profit width for the buy core-range BuyCoretrapIntervalPips: order interval in the buy core-range BuyCorestoploss: stop loss width for the buy core-range・Designed with spread stress in the live environment in mind, but to ensure full functionality, please confirm that for AUDNZD the spread does not exceed 3 pips.
【Disclaimer】All verification results are based on historical data, and the software does not guarantee future profits. We do not take responsibility for any losses or related events arising from the operation of this software. By starting to use the software, the user is deemed to have agreed to operate at their own risk.
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Thank you for reading to the end. We sincerely appreciate your interest in this EA. For those seeking higher stability and diversification of operation, please also consider the following EAs and tools. Combining them allows for a more robust portfolio construction. ■ PowerOfBun Series (Anomaly EA based on statistical data) ・USDJPY Version:A classic dollar-yen logic aiming for steady profits ・EURJPY Version:Diversified operation leveraging unique euro-yen behavior ・GBPJPY Version:High-expected-profit model focusing on volatility ■Fox-BreakoutAn ultra-fast breakout EA that targets only when the market begins to move. Accurately captures range breaks and precisely catches the initial move. ■OKM-GridLong-term stable grid system that targets pullbacks and reversals. With numerous open parameters to adapt to changing market conditions and enable optimal risk control. ■BC-GridA four-band generic grid system that steadily builds profits. A standard model for stable operation. ■EA Monitoring & Notification Tools
Daily profit and account balance automatically notified. Manage multiple EAs' operation status smartly in one place. ■Market Shock Monitoring ToolsInstant LINE notification when the market moves significantly. Quickly alert to unexpected risk during EA operation.
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The coupon will expire in 4 days.
Price: $153.33 (taxed)
¥24,800(taxed)
●Payment
Sales from : 07/02/2023 21:27
Price: $153.33 (taxed)
¥24,800(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
