RGM-79C

Overview

A swing strategy that aims for big profits and small losses by targeting relatively long-range pullbacks and rebounds in trends. The design allows the TP to fluctuate in response to volatility, aiming to flexibly increase profit margins even in large markets. Once a floating profit is realized, it will be tracked with a trailing stop under certain conditions. The average position holding time exceeds 37 hours, and positions are carried over the weekend. No entries are made during the year-end and New Year holidays. Due to the specifications, temporary hedging may occur. Detailed specifications can also be confirmed on the version information tab when setting up the EA. The settings made in the parameters are displayed in the chart comments.

Recommended Account 

• 5-day candlestick chart

Specifications & Analysis

• Martingale & Averaging Down | None
• Weekend Carryover | Yes
  
• 12/20~1/3 | No new entries, only executions
• Open Price & Tick Specifications | Entries and exits are primarily at open prices. If not executed at the open price due to requote prevention, ticks will be used for judgment. TP/SL is executed when the set price is reached.
• MT4 Max Bars Setting | 1000 or more
• Average Monthly Trades | 14.0 times
• Average Trade Duration | 37 hours 56 minutes
• Recovery Factor TRF (Total): 16.47 YRF (Annualized): 0.95
• Risk Reward Profit/Loss Ratio: 2.32 Win Rate: 34.88%

Parameters

• Magic Number [Magic] | Set a different value from other EAs.
• Lots [Lots] | For simple interest operation. The default is not a recommended value.
• Risk % [()] | The percentage loss of the StopLoss setting value against "Excess Margin" or "Balance". Calculation formula | Excess Margin (or Balance) × Risk % ÷ (SL Value × Yen Conversion) = Compound Lots Example | Setting "Excess Margin": Excess Margin 1 million yen, SL 250, Risk 10% setting, 0.4 lots Calculation Example | 1,000,000 [Excess Margin 1 million yen] × 0.1 [Risk 10%] ÷ (250 [SL Value] × 1,000 [Yen Conversion]) 0.4 [Lots]
• Compound Function [MM] | Money management function. Three options available. Each number corresponds to the number displayed in the chart comments. 0: Simple Interest / Fixed | Select "Simple Interest" if you want to operate with fixed lots. 1: Compound / Excess Margin | Calculates lots by setting the maximum loss percentage against "Excess Margin". 2: Compound / Balance | Calculates lots by setting the maximum loss percentage against "Balance". 3: Compound / Balance + Credit | Calculates lots by setting the maximum loss percentage against "Balance + Credit". In the backtest of each compound interest, the value is read in a temporary calculation, so the lot calculation may differ from actual operation.
• Acceptable Spread [Sp Lim/Ave] | Lim: Acceptable set spread pips. "0" will be automatic. Ave: If "0" is set for automatic, the internal spread is measured, and the average value is displayed.
  

[Chart Comments Display Only]

• EA Status Display | Displays the EA set status in color. It is not linked to account authentication.
• Stop Loss B/S | Stop loss order pips (internally fixed, non-changeable).
• Swap B/S | Swap points for the set currency (Buy/Sell).
• Spread Lim/Ave | "Lim" is the set spread (automatically calculated if auto), "Ave" is the internally measured average spread.
• Trade Counts | Number of trades by this EA shown in the MT4 trade history.
• Profit (pips) | Total acquired pips in the displayed trade history.
• Profit Factor | Profit factor in the displayed trade history.
• RRR/Win% | Risk reward and win rate in the displayed trade history.

[Other Features]

• Auto Chart Set | When you drag and drop the EA to any FX currency chart, it automatically switches to a GBPJPY/M30 chart, and the color changes when set.
• Toggle State Display ON/OFF Button | The display changes every time you click the square at the top right of the chart.
• Chart Change on State Error | If trading is not possible, the chart screen color changes to dark.
• Trade History Display on Chart | When trading, trade lines and acquired pips are displayed on the chart.
• Chart Center Information | Symbol at the top, time axis at the bottom left, current spread in pips at the bottom right.
• Magic Number Duplicate Alert | An alert will sound when multiple sets with the same magic number are detected in the same MT4 (version 1.1 and later). In some cases, it may not be detected.

[Auto Spread Feature]

• If "0" is set in the parameters, the internally measured average value is used as the reference.
• To prepare for sudden morning expansions, the maximum value is set to 8.0 pips internally.
• Immediately after installation, inappropriate values may occur due to unsettled averages or unmeasured morning data.
• Manual settings can be fixed by entering a value other than "0" in the parameters.
• Data is accumulated internally, causing slight sluggishness in long-term operation without rebooting. MT4 reboots or resetting accumulated data monthly will resolve this.
• Auto Spread does not function in backtesting.
• If the chart is paused, it will not update. If the value does not change from 8.0 even after restarting on weekdays, resetting the EA by dragging and dropping it again may improve it.

Q1. Does not enter trades

If the face at the top right of the chart is not smiling, review the settings.

If it is smiling, refer to the average number of trades and public forward of this EA, and if there is an obvious difference, review the set, margin, and communication, check the logs for errors, and if the error is unclear, please confirm by searching the web.

Q2.Trades were entered, but they are not shown in the public forward. Is this behavior correct?

This applies to all EAs, but different broker rates and communication environments will inevitably cause different behaviors.

Q3. Magic Number Duplicate Alert is falsely detected.

This is an inevitable symptom due to the MT4 specification. If you do not recall a duplicate, deleting the alert message and setting it will allow normal operation.Due to a previous incident caused by duplication, an alert is issued even though it is not perfect. We apologize for the concern.

Update

Version 1.5 [2024/4/17]

• Changed the state display ON/OFF button to be smaller
• Changed state display to English (to prevent garbled characters)
• Fixed order comment issue

Version 1.4 [2024/4/11]

• Fixed automatic chart set issue
• After automatic chart set, modified to allow changes except for color during state changes
• Added state display ON/OFF toggle button (EA name section)
• Fixed disappearing trade lines and acquired pips at the end of visual mode backtesting
• Added RRR, win rate, and number of trades to chart comments
• Improved margin check issue
• Deleted daylight saving time parameter

Version 1.3 [2024/3/12]

• Displayed symbol etc. in chart center
• State display at the top right of the chart
• Changed chart display comments
• Displayed trade lines and acquired pips on the chart
• Magic Number Duplicate Alert
• Introduced auto spread feature
• Organized parameters (deleted GMT column, changed order)
• Changed chart color on state error
• Adjusted order code (improved execution strength)
• Lightweight optimization
• Order error measures
• Added balance + credit to compound items

Version 1.2 [2023/7/3 New Listing]