RGM-79D

Overview

A long-range trend-following swing strategy aimed at capturing trend reversal patterns. With a design that allows the take profit (TP) to fluctuate in line with volatility, it has the potential to adapt to large market movements. Once a position is in profit, it will trail based on certain conditions. The average holding time for positions exceeds 25 hours, and positions may be held over the weekend. No new entries will be made during the year-end and New Year period. Detailed specifications can be checked in the version information tab when setting the EA. The settings made in the parameters will be displayed in the chart comments.

Recommended Account 

• 5 Daily Candles Logic refers to technical indicators for 5 daily candles, so performance will decline if using other timeframes.

Specifications & Analysis

• No Averaging or Martingale
• Weekend Carryover | Yes
  
• 12/20~1/3 | No new entries; only settlements will be executed
• Opening Price & Tick Specification | In principle, entries and settlements are made at the opening price. If not executed at the opening price due to requotes, it will be determined by ticks. TP/SL will settle at the point when the set price is reached.
• Maximum Bar Count for MT4 Settings | Over 1000
• Average Monthly Trade Count | 13.9 times
• Average Trade Duration | 25 hours 23 minutes
• Recovery Factor TRF (Total Period): 18.02 YRF (Annualized): 1.03
• Risk-Reward Ratio Profit-Loss Ratio: 1.98 Win Rate: 40.69%

Parameters

【】 indicates items in the chart comments. The display interval of chart comments may vary slightly depending on monitor resolution.

• Magic Number【Magic】 | Please set a different value from other EAs.
• Lot Size【Lots】 | For simple interest operations. The default is not a recommended value.
• Risk %【( )】 | The percentage of loss from the Stop Loss setting value against "Excess Margin" or "Balance." Calculation formula | Excess Margin (or Balance) × Risk % ÷ (SL value × Yen conversion) = Compound Lot Example | Setting "Excess Margin": Excess Margin of 1 million yen, SL of 250, with a risk setting of 10%, resulting in 0.4 lots Calculation example | 1,000,000 [Excess Margin of 1 million yen] × 0.1 [Risk 10%] ÷ (250 [SL value] × 1,000 [Yen conversion]) = 0.4 [Lots]
• Compound Function【MM】 | Money management function. You can choose from three options. Each number corresponds to the number displayed in the chart comments. 0: Simple Interest / Fixed | Please select "Simple Interest" if operating with a fixed lot. 1: Compound / Excess Margin | This method calculates the lot based on the percentage of maximum loss against "Excess Margin." 2: Compound / Balance | This method calculates the lot based on the percentage of maximum loss against "Balance." 3: Compound / Balance + Credit | This method calculates the lot based on the percentage of maximum loss against "Balance + Credit." In backtests for each compound, values are read in a hypothetical calculation, so the lot calculation may differ from actual operations.
• Allowable Spread Pips【Sp Lim/Ave】 | Lim: Allowable setting spread pips. Setting "0" will make it automatic. Ave: In the case of automatic setting "0," the internal spread will be measured, and the average value will be displayed.
• Notification Comment | Order notification comment. If it disappears or exceeds 32 characters, the chart comment display will turn red.
• Display Trading History Data on Chart | "false" for hidden, "true" for displayed. Setting to "true" will display trading history lines, pips, and simple data on the chart. However, it may become slightly heavier, so it is recommended only during viewing.

Chart Comments

【Display Chart Comments Only】

• Spread Lim/Ave | "Lim" shows the set spread (automatically calculated if auto), "Ave" shows the average spread measured internally.
• Stop Loss B/S | Stop loss reverse order pips (internally fixed and unchangeable).
  
• Swap B/S | Swap points for the set currency (buy/sell).
• Trade Counts | The number of trades for this EA among the displayed MT4 trading history.
  
• Profit (pips) | The total pips gained in the displayed trading history.
• Profit Factor | The profit factor in the displayed trading history.
• RRR/Win% | The risk-reward ratio and win rate in the displayed trading history.

【Other Functions】

• Automatic Chart Set | When you drag and drop the EA onto any FX currency chart, it will automatically switch to GBPJPY/M30 chart, and the color will change once set.
  
• Status Display ON/OFF Toggle Button | The display changes each time you click the square in the upper right corner of the chart.
• Chart Change on Status Error | If trading is not possible, the color of the chart screen will change to a darker tone.
• Display Trade History on Chart | When a trade is made, trade lines and gained pips will be displayed on the chart.
  
• Central Chart Information | The upper section displays the symbol, the lower left displays the time frame, and the right shows the current spread in pips.
• Magic Number Duplication Alert | For this EA (version 1.1 and later) only on the same MT4, an alert will sound if multiple sets are made with the same magic number. Depending on the situation, it may not detect.

【Auto Spread Function】

• If "0" is set in the parameters, it will be set based on the internally measured average value.
• To prepare for sudden expansions in the morning, the maximum value is set internally to 8.0 pips.
• Immediately after installation, the average value may not be established, or it may be inappropriate due to unmeasured conditions in the morning.
• Manual settings can be fixed by entering a value other than "0" in the parameters.
• Measurement may become slightly heavier as data accumulates internally and operates long-term without restarting MT4. Accumulated data will be reset monthly or upon restarting MT4.
• Auto spread does not function in backtests.
• If the chart is stopped, it will not update. If it does not change from values like 8.0 even after starting to move on weekdays, resetting the EA by dragging and dropping may improve the situation.

Q1. No Entry

If the face in the upper right corner of the chart is not smiling, please review the settings.

If it is smiling, please refer to the average trade count of this EA and the public forward. If there is a significant difference, review the set, margin, and communication, and check the logs for any errors. If there are errors and you do not understand, please search the web for confirmation.

Q2.I entered, but there are no trades in the public forward. Is this behavior correct?

This applies to all EAs, as the delivery rates and communication environments differ by broker, so differences in behavior will inevitably occur.

Q3. The magic number duplication alert is falsely detected.

This is a symptom that inevitably occurs due to MT4 specifications. If you have no awareness of duplication, you can delete the alert message and set it without any issues.There was a previous incident with duplication, and although it is incomplete, we have set it to issue alerts. We apologize for any concern this may cause, and we appreciate your understanding.

Updates

Version 1.5【2024/9/19】

• Adjusted display intervals based on the display
• Added ON/OFF parameter for trade history
• Integrated "Balance + Credit" into the compound parameter
• Removed English status display on the chart
• Removed buttons from the chart
• Organized chart comments
• Lightened internal code
• Adjusted order code

Due to significant broker differences, internal lightening and order code adjustments were made. However, the differences may not change. Since this is not a logic update, there will be no updates to backtests.

Version 1.3【2024/4/16】

• Reduced size of ON/OFF button for chart comments
• Changed status display to English (to prevent garbled text)
• Changed order comment to an open parameter
• Displayed order comments in chart comments
  

Version 1.2【2024/4/10】

• Fixed issue with automatic chart setting
• Modified to allow changes to colors other than the state change after automatic chart setting
• Installed ON/OFF toggle button for status display (EA name section)
• Fixed disappearance of trade lines and gained pips at the end of backtests in visual mode
• Added RRR, win rate, and trade count to chart comments
• Improved issues with margin shortage checks
• Removed daylight saving time parameter

Version 1.1【2024/3/12】

• Displayed symbol and other information in the center of the chart
• Displayed status in the upper right of the chart
• Changed chart display comments
• Displayed trade lines and gained pips on the chart
• Magic number duplication alert
• Introduced auto spread function
• Organized parameters (removed GMT field and changed order)
• Changed chart color on status error
• Adjusted order code (improved execution power)
• Lightened the code
• Countermeasures for order errors
• Added balance + credit to compound items

• Position count 21, with or without hedging
• Removed "Due to specifications, temporary hedging may occur."

Changed descriptions related to hedging

Version 1.0【2023/7/3 New Listing】