buffalo USDJPY_M5

It's better to have no discretionary elements when running an EA

Buffalo is fundamentally based on my discretionary trading method.

Therefore, technical analysis is fundamental, but it is necessary to be cautious about indicators.

However, when operating the EA, if I have to be in front of the chart just because of the indicators,"It's faster to do it discretionarily."I tend to think.

Taking that into account, I have added restrictions to the logic to allow for as much unattended operation as possible, eliminating the need to manually stop the EA.

As I am also a discretionary trader, after installation,"There is no discretion such as stopping operation during indicators or around the New Year."I believe that is the essence of the EA,

and it is basically designed for unattended operation.

However, since positions will be held even when spreads widen during indicators, if you are uneasy about operating during major indicators, you may stop it manually.

Hybrid type with separate logic for buying and selling

Originally, the EA was established with just one logic, but I divided the logic for buying and selling to respond to the unique sharp declines of cross-currency pairs.

While retaining some functionality to chase the original trend, it has become possible to enter during sharp declines.

It cannot target all sharp declines, but it can capture some sharp declines that have precursors.

Extend where you can, cut quickly where you should

One of the drawbacks of trend-following EAs is that they tend to delay cutting losses.

To improve this, I have set it up to grasp short-term trends while observing long-term trends, allowing for extensions where possible and quick cuts where necessary.

As a result, even with a low win rate, it is possible to achieve small losses and large profits, leaving a total profit.

Profit of 2: Loss of 1 or more completely reproduced by the EA!

This EA is far from the typical "small gains and big losses" and aims to minimize losses while maximizing profits.

While the win rate is low, it focuses on the ratio of profits to losses, designed to steadily increase assets.

Continuously chase during long-term trends

Buffalo will enter when it detects the occurrence of a trend through its internal logic.

After entry, if there are indications of the end of the trend on short-term charts, it will take profits, but if the long-term trend judgment has not collapsed, it will enter again each time there are signs of trend occurrence

and will continue to chase the trend.

This allows for securing profits where possible while preventing missed trends, operating in a way that minimizes unrealized gains.

Equipped with a compound interest function in response to many user requests!

Not only has it performed well in backtesting, but it has also shown good results after the start of forward testing,and we have incorporated a compound interest function that many users have requested.

The compound interest function adopted this time allows for setting only the maximum risk per trade against the account balance to minimize the risk of account failure.

For example, if the allowable risk is set to 10%, with an account margin of 1 million yen, the risk per trade is 100,000 yen, and the corresponding lot size will be set automatically.

（The maximum stop loss is set (fixed) at 300 pips, so it will start with 0.33 lots for 1 million yen and 0.03 lots for 100,000 yen.）

If the account margin increases due to the EA or additional deposits, the lot size will automatically increase accordingly.

Conversely, if the account margin decreases, entries will be made with a reduced lot size, so please be aware of this.

However, since it is no longer possible to set individual lots for each logic, if current users prefer individual lots for each logic instead of the compound interest function,

you can continue to use it as before by not updating.

Customers purchasing from now on should understand that it is no longer possible to set lots for each logic before purchasing.

Lot settings are possible if the compound interest function is not used. The lots for the two logics can no longer be adjusted separately.

The recommended risk tolerance for using the compound interest function from the developer's side is"3%.".

High recovery factor

One of the characteristics of Buffalo is its high recovery factor.

The recovery factor refers to"the recovery power (ryoku) until it returns after experiencing a drawdown."This is what it means.

EAs will inevitably experience drawdown periods.

However, if the recovery factor is high, the speed of capital recovery is fast even after experiencing a drawdown, reducing the anxiety that makes you want to stop operation.

Buffalo's recovery factor is 19.25 over the past 10 years. On average per year,"1.86."It can be seen from the test results that even after a drawdown, it recovers within about six months.

About parameters

The parameters that can be set include the magic number and risk tolerance, along with a spread filter.

The initial value for the spread filter is set to 5 pips, allowing you to set it so that no trades are made during times of spread widening, such as during indicator announcements.

If you want to trade even during indicators, set it to a larger value like 10 pips.

If you do not want to trade when the spread widens even slightly, please set it to about 1.5 times the average spread of your broker.

Next, please set separate magic numbers for buying and selling.

Also,the recommended lot size is 0.1 lots (10,000 currency) with a preparation fund of 1 million yen.

In the theoretical values of backtesting, both absolute drawdown and maximum drawdown do not exceed 100,000 yen, but there is no guarantee that they will not exceed in the future, so

I recommend operating with the recommended lot size.

Caution

This EA does not guarantee profits. Please understand that there may be losses exceeding past tests depending on future market conditions.

Backtesting has been conducted with a fixed spread of 1.5 pips. There is a risk that results will significantly worsen with spreads exceeding this.

Other than the lot, the parameter values are set to recommended settings. Please conduct performance after changing settings at your own risk.