QQQ RAIN
- 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...
QQQ RAIN Overview
| Logic Type | Trend Following Scalping + Defensive Martingale |
| Features | - Entry following market trends. - Early profit-taking with scalping logic to reduce risk. - If the market moves against expectations, it endures with a unique defensive martingale logic. |
| Martingale | Yes |
| Currency Pairs | XAUUSD, Gold |
| Recommended Margin & Lot | 0.01 lots per 500,000 yen |
| Trading Timeframe | 5M |
This logic aims to accumulate profits through scalping by following market trends. In case of an adverse move, it endures with defensive martingale logic.
Although it uses martingale logic, it is used defensively and is not a high-risk, high-return EA.
Features
Entry Features: Entry following market trends
- Entry is made by following market trends.
- Includes functions to suppress entries on Monday mornings and automatically stop entries on Friday evenings.
- If there is a sudden price change, new entries are automatically suspended to reduce risk.
Martingale Features: Defensive Martingale Logic
- If the market moves against expectations after entry, it endures with a unique defensive martingale logic.
- Equipped with a volatility filter. It assesses real-time volatility and automatically adjusts the martingale range to reduce risk.
Weaknesses
In extreme V-shaped markets where "sharp decline followed by rapid rise" occurs, the trend-following may fail, triggering martingale mode. Since it uses martingale logic, please exercise strict risk management and fund management. Although the logic is designed to follow significant trends during economic indicators, it is recommended to stop trading during such announcements.
Backtest
- Starting with 1 million yen in margin, it made a profit of 2.57 million yen over 7 years from 2016 to 2023.
- Despite the long backtest period, it achieved a profit factor of 1.44 and an annual profit of approximately 37% (against the margin).
Due to the specifications of the QUANT ANALYZER tool, units are displayed as they are, but you can read them as yen. Example: 2.57 million dollars = 2.57 million yen profit.
Annual Revenue
Tuned to be profitable with recent trends since 2020.
Even when looking at monthly annual revenue, there are almost no losses (naturally, since it includes martingale logic).
Number of Trades
Tuned to increase the number of trades with recent trends since 2020.
It includes a weekend close function to avoid holding positions over the weekend. Therefore, it enters position close mode at 4 PM on Fridays, resulting in fewer trades.
Trades by duration
Most trades are settled within 5 minutes due to scalping mode.
If it enters defensive martingale mode, it often closes within 4 hours.
Parameter Settings
Internal Parameter Name | Parameter Name | Default Settings | Description |
| Basic Settings | |||
| Magic1 | Magic Number | 23985484 | |
| Lots | Lots | 0.01 | Initial entry lot size. |
| Slippage | Allowed Slippage | 10 | No entry if this value is exceeded. |
| NanpinCount | Maximum Martingale Count | 15 | |
| SpreadLimit | Allowed Spread | 20 | No entry if this value is exceeded. |
| Trade | New Entry Permission | true | Permission for new entries. Even if set to false during operation, entries continue in martingale mode. |
| Entry Control by Day & Time | |||
| entry_time_limit | Year-End & New Year, Mon-Fri New Entry Restrictions (true: Yes, false: No) | true | If set to true, no entries during year-end and New Year, Monday mornings, and Friday evenings. |
| start_time | Monday New Entry Start Time (2 AM = 8 AM Japan Time Summer Time) | 02:00 | This setting is effective if entry_time_limit is set to true. It avoids entries during fluctuations at the start of the week. You can set the time to start new entries on Monday. (2 AM = 8 AM Japan Time Summer Time) |
| end_time | Friday New Entry Restriction Time (10 AM = 4 PM Japan Time Summer Time) | 10:00 | This setting is effective if entry_time_limit is set to true. It avoids holding positions over the weekend. You can set the time to restrict new entries on Friday. (10 AM = 4 PM Japan Time Summer Time) |
| forced_close | Forced Close Outside Entry Hours (true: Yes, false: No) | false | This setting avoids holding positions over the week or year-end. If set to true, positions are forcibly closed (cut losses) during the restricted entry period or at the [end_time_forced_close] time mentioned below. |
| end_time_forced_close | Friday Forced Close Activation Time (3 PM = 9 PM Japan Time Summer Time) | 15:00 | This setting avoids holding positions over the weekend. If forced_close is set to true, positions are forcibly closed (cut losses) at this time on Fridays. (3 PM = 9 PM Japan Time Summer Time) |
Disclaimer
FX trading may incur losses due to currency price fluctuations. It is not a transaction guaranteed to maintain capital or profits. Please use it with this acknowledgment.
- FX (Foreign Exchange Margin Trading) allows trading with more funds than the total capital through leverage. While it can generate significant profits, it may also incur losses exceeding the deposited funds due to price fluctuations, interest rate trends, economic conditions, etc.
- We are not responsible for any losses or damages associated with the use of this EA, including its internal and external features, including our proprietary authentication function.
- We are not responsible for any losses, damages, or disadvantages that affect other positions in the same operating environment.
Price: $98.81 (taxed)
¥16,000(taxed)
●Payment
Sales from : 07/05/2023 23:19
Price: $98.81 (taxed)
¥16,000(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
