QQQ SNOW
- 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...
The release of QQQ SNOW MT5 version has started.
Please refer to this page, a separate page will open.
QQQ SNOW Overview
| Logic Type | Grid Strategy |
| Features | ・Steadily and consistently accumulate profits through a simple grid strategy |
| ・Logic focused on the AUD/NZD currency pair "which has been moving within a large range since November 2013" | |
| Nanjin Martin | Only Nanjin |
| Currency Pair | AUD/NZD |
| Recommended Margin & Lot | 0.01 lot for every 200,000 yen (GogoJungle's forward test operates with a default of 1,000,000 yen, so it runs with 0.05 lots) |
| Trading Time Frame | 5M |
Features
Grid strategy tailored to the huge range of AUD/NZD
Since November 2013, AUD/NZD has continued to move within a large range. The logic of this EA is designed to optimize movements within this range.
A grid strategy that steadily accumulates profits every day
The grid strategy logic makes entries at a certain price range. As long as the market price moves within the expected range, it steadily accumulates profits day by day according to daily price trends.
An efficient EA that can operate with a small margin
Due to the characteristics of the grid strategy, this EA can operate with a relatively small margin (0.01 Lot for every 200,000 yen). It is a very capital-efficient EA.
If you assume there are no sudden price fluctuations and can take risks, it is also possible to operate with 0.01 Lot for every 100,000 yen. However, it is necessary to make judgments regarding additional margin input or total loss cut depending on the situation.
With ⅛ of the recommended margin amount, it does not withstand drawdowns to the end of the expected range. It will fail at an earlier stage.
Consider taking action before deviating from the expected range
In the unlikely event that market trends continue to move outside the expected range and margin deficiency approaches, it will be time to make a loss cut decision. In FX, it is necessary to make loss cut decisions according to the situation. By conveying the premise of the logic being a grid strategy, it makes it easier for EA users to consider and make their own loss cut decisions.
Specifically, if the drawdown deepens, you will need to decide whether to cut all positions before a loss cut occurs or to add margin to withstand further drawdown.
Cautions
Due to the nature of the grid strategy, if prices continue to move unilaterally, drawdowns will inevitably become large. Additionally, the state of having drawdowns can last for several months. Please consider your mental state when using this EA.
Backtest
・Starting with a margin of 1,000,000 yen, the profit over 7 years from 2016 to 2023 was 7,690,000 yen.
・Profit factor of 13.46, with annual profits exceeding approximately 100% (against margin).
⅛QUANT ANALYZER has to be expressed in units due to the specifications of the tool, but it can be directly interpreted as yen. Example: 1,000,000 dollars ⊲ 1,000,000 yen profit
Annual Profit
It has been able to steadily generate profits every year.
Even when looking at annual profits by month, there are hardly any losing months.
Number of Trades & Time Periods
Regarding AUD/NZD, it seems to move frequently during the 22-23 time period (4-5 AM Japan time during daylight saving time). As a result, the number of trades for this EA has increased.
Trades by Duration
First, most trades are closed with profit within 5 minutes (the far left of the graph). This is one of the advantages of the grid strategy. It leads to steadily accumulating profits day by day.
Additionally, due to the characteristics of the grid strategy, there may be cases where positions are held for several days to several months. There may also be negative swaps during the holding period.
It is important to understand that the holding period may become longer and drawdowns may deepen.
Forward Test
Parameter Setting Method
---------------------------------------------------------------
Internal Parameter Name | Default Setting Value
Description
---------------------------------------------------------------
【Basic Settings】Magic1 | 66668375
Magic Number. Lots | 0.05
Recommended is 0.01 Lot for every 200,000 yen. Slippage | 10
Allowed slippage. It will not enter if it exceeds this value. NanpinCount | 999
Maximum number of Nanjin. SpreadLimit | 20
Allowed spread. It will not enter if it exceeds this value. GridDistance | 0.001
Price fluctuation range for Nanjin entry (AUDNZD). This value will trigger an entry every time the AUDNZD rate fluctuates by this amount.
⅛Near the center of the range, entries may also occur irregularly without following this price fluctuation setting. GridRows | 200
Length of the array when creating GridMap in memory (usually the default of 200). Usually, no setting change is necessary. It is used in the internal logic.【Entry Control Settings by Day of the Week & Time Period】
⅛ Please specify time settings such as start_time in Cyprus time. entry_time_limit | false
New entry restrictions during year-end and New Year, and on Fridays (true: yes, false: no). If set to true, no entries will be made during year-end and New Year. No entries will be made early Monday morning. No entries will be made on Friday evening. start_time | 02:00
Start time for new entries on Monday (2 AM = 8 AM Japan time during daylight saving time).
⅛This setting value is valid when entry_time_limit is set to true. This setting is to avoid entries during fluctuations at the beginning of the week. You can set the time to start new entries on Monday. (2 AM = 8 AM Japan time during daylight saving time)
end_time | 10:00
Time to suppress new entries on Friday (10 AM = 4 PM Japan time during daylight saving time).
⅛This setting value is valid when entry_time_limit is set to true. This setting is to avoid positions that cross over the week. You can set the time to suppress new entries on Friday. (10 AM = 4 PM Japan time during daylight saving time) forced_close | false
Forced close if it becomes outside of entry time (true: yes, false: no).
⅛Since the advantages of the grid strategy will be lost, this setting is usually used as false. This is a setting to avoid positions that cross over the week. If entry_time_limit:start_time and end_time are set for the entry period and time, and this setting is set to true, it will forcibly close (cut loss) any positions held outside of entry time. (Example when end_time is set to 10:00: If it is 4 PM Japan time on Friday and you hold a position, it will close the position regardless of profit or loss.) Also, after December 26, year-end forced closure will be activated.
FX trading may incur losses due to currency price fluctuations. It is not a transaction that guarantees principal or profits. Please use it with this understanding.
・FX (foreign exchange margin trading) allows trading with a larger amount of funds than total capital due to leverage. Therefore, while it is possible to make significant profits, there is also a possibility of incurring losses exceeding the deposited funds due to price fluctuations, interest trends, and economic conditions.
・We do not take any responsibility for any losses or damages incurred from trading using this EA, including all internal and external functions related to the provided EA, including our unique authentication function.
・We do not take any responsibility for any losses or damages incurred if it affects other positions in the same operating environment.
Price: $124.11 (taxed)
￥19,800(taxed)
●Payment
Sales from : 07/11/2023 21:17
Price: $124.11 (taxed)
￥19,800(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