Nanpin Master

--------------------------------------------------　✦✦✦About 『Nanpin Master』✦✦✦-------------------------------------------------- The default settings of this EA are designed assuming operation with USDJPY. The logic concept is straightforward trend-following, a back-and-forth style that welcomes double hits. It is not compatible with currencies other than USDJPY. Operating with the default settings is recommended. The default setting has the Nampin and Martingale functions turned OFF. -----------------------------------------------------------------------　✦✦✦Explanation of External Input Parameters for 『Nanpin Master』✦✦✦----------------------------------------------------------------------- ⛀『Account_balance』: Please input the amount of capital you are operating with. ⅛ This value is used to calculate the forced stop-out amount, so please be careful. ⅛ The default setting is 10 million yen. If you do not have 10 million yen, you may leave it unchanged. ⛀『StopLoss_percent』: Enter the stop-loss percentage against the 'Account_balance' input above. When unrealized losses reach this percentage, a stop-loss order will be executed. For example, if Account_balance is 10 million yen and StopLoss_percent is 10%, a forced stop-out occurs at an unrealized loss of 1 million yen. If StopLoss_percent is 30%, at 3 million yen loss, etc. If the unrealized loss causes the account balance to fall below the minimum required margin, a forced stop-out will occur regardless of this setting. ⛀『Profit_target』: Enter the target profit amount by summing unrealized profits and losses of all positions. Adjust this based on the entry lot size and take profit value. ⛀『Profit_target_plus_percent』: Set the percentage increase in target profit for positions after the second position onward. For example, setting it to 50% means that from the second position onward, the target profit increases by 50% for each additional lot. For example, if the first position's target profit is 10,000 yen and all subsequent positions are simple Nampin with 0.1 lots, setting 50% results in: First position 0.1 lots, total lots 0.1, total target profit 10,000 yen; Second position 0.1 lots, total lots 0.2, total target profit 15,000 yen (10,000 + 10,000×50%); Third position 0.1 lots, total lots 0.3, total target profit 17,500 yen (10,000 + 10,000×50% + 10,000×50%×50%); Fourth position 0.1 lots, total lots 0.4, total target profit 18,750 yen (10,000 + 10,000×50% + 10,000×50%×50% + 10,000×50%×50%×50%). ⛀『Lots_up_type』: Select the type of Nampin/Martingale setting. ⅛ Only '0' or '1' are available. ✦✦✦ When set to '0' ✦✦✦ The Nampin/Martingale ratio is determined by the 'Lots_up' setting value. For example, if 'Lots_up' is set to 0.03: The progression is as follows: First position 0.1 lots, total lots 0.1; Second position 0.13 lots, total lots 0.23; Third position 0.16 lots, total lots 0.39; Fourth position 0.19 lots, total lots 0.58; Fifth position 0.22 lots, total lots 0.8. This simulates a Martingale progression by addition. ✦✦✦ When set to '1' ✦✦✦ The ratio is determined by 'Lots_up_multiple'. For example, if 'Lots_up_multiple' is 2.0: The progression is as follows: First position 0.1 lots, total lots 0.1; Second position 0.2 lots, total lots 0.3; Third position 0.4 lots, total lots 0.7; Fourth position 0.8 lots, total lots 1.5; Fifth position 1.6 lots, total lots 3.1. This simulates a Martingale progression by multiplication. ⛀『Lots_first』: Enter the lot size for the first position. This serves as the basis for Nampin/Martingale scaling. Default is OFF (Martingale disabled). When OFF, entries are made with the set lot size. ⛀『Total_Max_position』: Set the maximum total number of positions (buy + sell). ⛀『Max_position_buy』: Set the maximum number of buy positions. ⛀『Max_position_sell』: Set the maximum number of sell positions. ⛀『Nampin_start_position』: Set the number of positions at which Nampin (averaging down) begins. ⛀『Distance_first』: Input the initial Nampin interval in pips. ⛀『Distance_up』: Input the amount by which subsequent Nampin intervals widen in pips. For example, if 'Distance_first' = 20 and 'Distance_up' = 3: The intervals are 20 pips between the first and second positions, 23 pips between the second and third, 26 pips between the third and fourth, 29 pips between the fourth and fifth. If 'Distance_up' = 0: The interval remains constant at 20 pips. ⛀『Magic1』: An 8-digit number used to identify orders of this EA. It can be any number within 8 digits, but if used alongside other EAs, ensure it is different. ⛀『Entry_start_hour』: Set the start time for entry in GMT+3. ⛀『Entry_end_hour』: Set the end time for entry in GMT+3. The EA's time is based on GMT+2 or GMT+3. GMT+2 is winter time (+7 hours from GMT), GMT+3 is summer time (+6 hours). ⛀『Weekend_close』: Enable or disable weekend closing. ⛀『Weekend_close_hour』: Set the weekend closing time. ⛀『Weekend_Refrain_from_Entry』: Enable or disable entry restrictions on weekends. ⛀『Weekend_Refrain_from_Entry_hour』: Set the time to start weekend entry restrictions. ⛀『Early_week_Entry』: Enable or disable the EA operation at the start of the week. ⛀『Early_week_Entry_hour』: Set the start time for EA operation at the beginning of the week. ⛀『Wednesday_Filter』: Enable or disable the Wednesday stop time. ⛀『Wednesday_Entry_hour』: Set the stop time for EA on Wednesday. ⛀『Yearend_Filter』: Filter to enable or disable entries between 12/20 and 1/5. ⛀『Free_comment』: A comment displayed in the account's trading history. Can be freely modified. ⛀『Trading_stop』: Enable or disable the trading stop function. 『Trading_trigger_pips』: Set the pip range at which the trading stop activates. When active, 『Trading_pips』 specifies the stop-loss adjustment range. 『Trading_interval』: The interval at which the stop-loss is adjusted upward. Default is every 5 seconds. ⛀『Hi_Lo_stop』: Choose whether to close positions based on high/low within the period specified by 『Hi_Lo_period_H1』. 『Hi_Lo_period_H1』: The number of hourly candles used to measure high/low. It also determines the period length. Updating high/low does not necessarily trigger closing; the logic is approximate. ⛀『Scal_Exit_Logic』: Exit when a rebound occurs and the short-term trend reverses. ⛀『MACD_Exit_Logic』: Exit when MACD reverses on the set chart timeframe. ⛀『Exit_logic』: Exit when the long-term trend reverses. ⛀『TakeProfit』: The take profit level (limit order). ⛀『StopLoss』: The stop-loss level (stop order). ⛀『Max_spread』: Do not trade if the spread exceeds this value. ⛀『Slippage』: Allowed slippage when placing orders. ⛀『Entry_interval』: Set the waiting time between entries to prevent runaway trading. Setting 『Entry_interval』 below 300 prevents over-trading for risk control. ⛀『Money_Management』: Enable or disable compound interest operation. If enabled, set the risk percentage with 『Risk_percent』. ⛀『Price_Range_Loop_Trade』: External parameter 『Distance_first』 determines the pip distance for Nampin. For example, if 『Distance_first』=20 and 『Distance_up』=0: The intervals are 20 pips between each position, mechanically Nampin targeting range-bound price movements and overall trend. ⛀『Trend_display_M15_Buy』: A buy-only logic targeting initial trend movements regardless of chart timeframe. Works well with USDJPY but performs poorly with other currencies. ⛀『Trend_display_ALL』: Logic that detects initial trend movements based on the chart timeframe. Buys on golden cross, sells on dead cross. Best used with daily charts. ⛀『MACD_visualize_ALL』: Logic that detects initial trend movements using MACD on the chart timeframe. Buys on golden cross, sells on dead cross. ⛀『Holy_Grail_M5』: A high-win-rate logic that does not assume stop-loss. Aim for swap income. ⛀『Scal_Buster_M5』: Logic for long-term trend following and short-term counter-trend scalping. ⛀『Morning_Rush_M5』: Scalping logic for trading during Japan's late night to morning hours. Fewer trades due to strict entry triggers. ⛀『Morning_Weapon_M5』: Scalping logic for Japan's late night to morning hours with looser entry triggers, resulting in more trades. ⅛ The external parameters above are easy to modify; explore optimal settings. ⅛ Please verify performance via demo accounts or backtests before live operation. --------------------------------------------------------------------　✦✦✦Recommended Capital for 『Nanpin Master』✦✦✦-------------------------------------------------------------------- It is advisable to prepare about twice the minimum required margin.