red(GBPJPY)
Expert Advisors
MetaTrader 4
Sales from
12/25/2013
Last Updated At
5/25/2018
Version
1.4
My Profile
ARATA- Whole period
- 2 years
- 1 year
- 6 months
- 3 months
- 1 month
Profit
:
115,936JPYProfit Factor
:
1.05Rate of return risk
?
:
0.18Average Profit
:
10,377JPYAverage Loss
:
-5,704JPYBalance
?
:
1,115,936JPYRate of return (all periods) ?
:
7.89%Win Rate
:
36.58%
(541/1479)
Maximum Position
?
:
2Maximum Drawdown
?
:
29.32%
(648,892JPY)
Maximum Profit
:
35,390JPYMaximum Loss
:
-18,530JPYRecommended Margin
?
:
1,468,550JPYUnrealized P/L
:
0JPYDeposit
?
:
1,000,000JPYCurrency
:
JPY- Account
Operable Brokers
Usable with MT4-adopting brokers.
Forward testing (Profit)
Product Statistics
Product Comments
Monthly Statistics
2026
2025
2024
2023
2022
- Jan
- Feb
- Mar
- Apr
- May
- Jun
- Jul
- Aug
- Sep
- Oct
- Nov
- Dec
Calendar for Months
About EA's Strategy
Translating...
Currency Pairs
[GBP/JPY]
Trading Style
[Swing Trading]
Maximum Number Position
2
Maximum Lot
1
Chart Time Frame
H4
Maximum Stop Loss
150
Take Profit
350
Straddle Trading
Yes
Application Type
Metatrader Auto Trading
Other File Usages
No
What is Bull/Bear?
It indicates the bullishness or bearishness of the market.
Bulls are based on the image of a bull thrusting its horns upward from below.
A bullish buy indicates a bullish to rising market.
A bear indicates a bearish or declining market.
bear bear indicates a bearish or declining market.
It is not only used in the forex market, but also in stocks, commodity futures, etc.
but also in stocks, commodity futures, and other financial markets in general.
It is an expression used in all financial markets
It has become a major word in the financial market
It has become a major word in the financial market.
It is used all over the world.
MT4, which is used all over the world, is equipped with this terminology as standard equipment.
Bull/Bear is a major term in the financial market.
red(GBPJPY) is
Bull/Bear is used by many discretionary day traders and swing traders.
Numerous discretionary day-trading and swing traders use it to
use to capture the market wave.
The 4-hour leg is used to capture the market wave.
We enter the market at the time when the 4-hourly price is fixed.
By doing so, we avoid wasting trades.
Non-numping, non-martingale
Maximum number of positions is 2.
It is a trend-following EA with large gains and small losses!
Entry
4-hour fixed leg, BULLS, BEARS
Exit】 【TakeProfit
(1) Fix profit→TakeProfit
(2) Stop Loss→StopLoss
Trailing Stop→TrailingStopPoint
Exit by BULLS and BEARS
Backtest]
FX-ON backtest capacity will be overloaded.
We will publish the back test with 90% modeling quality here.
Currency pair GBPJPY
Period 4 hours(H4) 2005.03.01 - 2016.02.29)
Model All ticks
Number of test bars 17352
Number of model ticks 208761767
Modeling Quality 90.00
Inconsistent chart errors 0
Spread 30
Initial margin 10000.00
Net profit 15121.05 Gross profit 67839.75 Gross loss -52718.70
Profit factor 1.29
Expected gain 9.93
Absolute drawdown 312.37
Maximum drawdown 1706.31 (8.38%)
Relative drawdown 8.38% (1706.31)
Total number of trades 1522
Sell positions (% win) 809 (37.08%) Buy positions (% win) 713 (44.32%)
Winning percentage (%) 616 (40.47%) Losing percentage (%) 906 (59.53%)
Max. winning trades 294.74 losing trades -126.32
Average winning trades 110.13 Losing trades -58.19
Max Winning streak (value) 7 (276.74) Losing streak (value) 12 (-868.90)
Max Winning streak (trades) 1118.94 (5) Losing streak (trades) -868.90 (12)
Average Win Streak 2 Loss Streak 2
(Attention.)
Please set it to Pound Sterling and 4 hourly.
Otherwise, you may incur losses.
Please be sure to do so.
The buy logic and sell logic are independent.
Please be aware that there is a possibility that you may have to use both sides.
We recommend that you operate with a company that allows both positions.
For those who are considering my EA
Please refrain from purchasing my EAs that are less than 2 years old in terms of forward measurement.
I would appreciate it if you would refrain from purchasing my EAs that are less than 2 years old in terms of forward measurement.
I believe that it takes about 2 years to understand the shortcomings of my EAs.
I believe that a period of about 2 years is necessary to get a realistic understanding of the shortcomings.
My EAs on display at FX-ON are back-tested to confirm their superiority.
I have confirmed its superiority by back-testing and
I have judged that it is possible to operate it for a long term.
but it is only a back test.
As you know
Back testing is
It depends on which historical data is used.
There can be a large error in the results, or
Falsifying historical data can lead to
It is possible to make a bad or even the worst EA
EAs can be turned into excellent EAs.
We want to be friends with our partners in the long term!
We want to get along with you (our partner) in the long term!
Since we have such a strong feeling
I want to avoid trouble.
When judging an EA
The most important factor is the forward.
We would like you to place the forward for 2 years and
We would like you to verify it carefully.
We don't want you to purchase the EA only with a sense of expectation.
I don't want to turn your expectation into disappointment.
I will keep you informed of the negative aspects of my cute EA.
I am sending out more and more information about the negative aspects of my cute EA.
I do not want to discourage you from buying it.
I am distributing information that may discourage you from purchasing my EA.
I don't want you to fail.
I hope you understand.
Historical data has been
Until a short while ago
I was looking for historical data like looking for the "Holy Grail.
I was looking for historical data
The past and the future market are
similarity in direction and flow, but
but the exact price movement
However, the exact price movements do not coincide with each other.
I came to this conclusion.
As a result, since the "Holy Grail" is not used
Perfect historical data
Perfect back test
If you are looking for this
I think you should definitely avoid it.
I would do so.
My EAs are
The win rate is about 30%.
There is always a losing streak.
Assets will decrease by 100,000 to 300,000 yen.
These things are bound to happen.
If you are not prepared for them
We would appreciate it if you would refrain from purchasing this product if you are not prepared for these things.
We would like to be friends with our purchasers over the long term, so we ask that you please refrain from purchasing this product.
We would appreciate it if you could help us.
The EA I am selling is not
I am not selling multifunctional or high-performance EAs.
I am pursuing simplicity.
Simple functions and simple performance.
If you are looking for multifunction and high performance
If you are looking for multifunction and high performance, this EA is definitely not suitable for you.
We would appreciate it if you could remove this product from your consideration.
My EA is based on
I am focusing on "how to simplify the logic!
This is what I am focusing on.
If you are looking for a complicated EA, you may be disappointed.
If you are looking for a complex EA, you will be disappointed and think, "What the heck is this?
If you are looking for a complex EA, you may feel like this.
If you are looking for a complicated EA
If you are looking for a complex EA, you will definitely regret it.
We recommend that you do not purchase this product.
As for the EA I am selling
I do not offer discounts or other sales that will benefit the purchaser.
I do not offer any discounts or sales.
If I make a sale that says, "Buy before the price goes up!
If I offer a discount sale that says "Buy before the price goes up!
If we offer a discount sale like "Buy before the price goes up," potential buyers will get impatient and
and they cannot make a calm decision.
It is a good deal for the purchaser.
It's a good deal, but
We do not do discount sales because it causes impatience.
We do not offer discount sales.
We are very sorry.
I'm sorry.
I am a very slow learner.
I am often unable to respond immediately.
I am also forgetful.
When I was in elementary school, I forgot so many things
I was often made to stand in the hallway.
Even after I grew up.
I often forget where I put my car keys
I often forget where I put my car keys and look for them.
The other day
After going to the bathroom
I left my zipper down for half a day
I was so embarrassed...
I went to buy something I needed.
I often forget to buy what I need...
I'm like this...
I forget a lot of things
I may not be able to respond immediately...
If you want "immediate response," please contact us.
There are many excellent developers out there.
Please consider EA of other developers.
Your ability to read and comprehend text is extremely poor.
There is a high possibility that you will understand the question differently and give a different answer.
and give a different answer...
If you are looking for a precise answer "immediately
If you are looking for a precise answer 'immediately', it will cause you stress.
Please seek another developer's EA.
I would do so.
For buyers (partners)
Affiliate
FX-ON sales site
Seller (other than me)
Arata
We hope that these five parties
We would like to prosper.
In my case
Through EA
I would like to get along well with my partners
I hope we can be friends in the long term.
I hope we can be friends in the long term.
I am such a person who does not know what I am doing.
I am a person who is not a good person, but I look forward to working with you and your EA.
(Attention.)
Please set it to Pound Sterling and 4 hourly.
Otherwise, you may incur losses.
Please be sure to do so.
The buy logic and sell logic are independent.
Please be aware that there is a possibility that you may have to use both sides.
We recommend that you operate with a company that allows both positions.
For those who are considering my EA
Please refrain from purchasing my EAs that are less than 2 years old in terms of forward measurement.
I would appreciate it if you would refrain from purchasing my EAs that are less than 2 years old in terms of forward measurement.
I believe that it takes about 2 years to understand the shortcomings of my EAs.
I believe that a period of about 2 years is necessary to get a realistic understanding of the shortcomings.
My EAs on display at FX-ON are back-tested to confirm their superiority.
I have confirmed its superiority by back-testing and
I have judged that it is possible to operate it for a long term.
but it is only a back test.
As you know
Back testing is
It depends on which historical data is used.
There can be a large error in the results, or
Falsifying historical data can lead to
It is possible to make a bad or even the worst EA
EAs can be turned into excellent EAs.
We want to be friends with our partners in the long term!
We want to get along with you (our partner) in the long term!
Since we have such a strong feeling
I want to avoid trouble.
When judging an EA
The most important factor is the forward.
We would like you to place the forward for 2 years and
We would like you to verify it carefully.
We don't want you to purchase the EA only with a sense of expectation.
I don't want to turn your expectation into disappointment.
I will keep you informed of the negative aspects of my cute EA.
I am sending out more and more information about the negative aspects of my cute EA.
I do not want to discourage you from buying it.
I am distributing information that may discourage you from purchasing my EA.
I don't want you to fail.
I hope you understand.
Historical data has been
Until a short while ago
I was looking for historical data like looking for the "Holy Grail.
I was looking for historical data
The past and the future market are
similarity in direction and flow, but
but the exact price movement
However, the exact price movements do not coincide with each other.
I came to this conclusion.
As a result, since the "Holy Grail" is not used
Perfect historical data
Perfect back test
If you are looking for this
I think you should definitely avoid it.
I would do so.
My EAs are
The win rate is about 30%.
There is always a losing streak.
Assets will decrease by 100,000 to 300,000 yen.
These things are bound to happen.
If you are not prepared for them
We would appreciate it if you would refrain from purchasing this product if you are not prepared for these things.
We would like to be friends with our purchasers over the long term, so we ask that you please refrain from purchasing this product.
We would appreciate it if you could help us.
The EA I am selling is not
I am not selling multifunctional or high-performance EAs.
I am pursuing simplicity.
Simple functions and simple performance.
If you are looking for multifunction and high performance
If you are looking for multifunction and high performance, this EA is definitely not suitable for you.
We would appreciate it if you could remove this product from your consideration.
My EA is based on
I am focusing on "how to simplify the logic!
This is what I am focusing on.
If you are looking for a complicated EA, you may be disappointed.
If you are looking for a complex EA, you will be disappointed and think, "What the heck is this?
If you are looking for a complex EA, you may feel like this.
If you are looking for a complicated EA
If you are looking for a complex EA, you will definitely regret it.
We recommend that you do not purchase this product.
As for the EA I am selling
I do not offer discounts or other sales that will benefit the purchaser.
I do not offer any discounts or sales.
If I make a sale that says, "Buy before the price goes up!
If I offer a discount sale that says "Buy before the price goes up!
If we offer a discount sale like "Buy before the price goes up," potential buyers will get impatient and
and they cannot make a calm decision.
It is a good deal for the purchaser.
It's a good deal, but
We do not do discount sales because it causes impatience.
We do not offer discount sales.
We are very sorry.
I'm sorry.
I am a very slow learner.
I am often unable to respond immediately.
I am also forgetful.
When I was in elementary school, I forgot so many things
I was often made to stand in the hallway.
Even after I grew up.
I often forget where I put my car keys
I often forget where I put my car keys and look for them.
The other day
After going to the bathroom
I left my zipper down for half a day
I was so embarrassed...
I went to buy something I needed.
I often forget to buy what I need...
I'm like this...
I forget a lot of things
I may not be able to respond immediately...
If you want "immediate response," please contact us.
There are many excellent developers out there.
Please consider EA of other developers.
Your ability to read and comprehend text is extremely poor.
There is a high possibility that you will understand the question differently and give a different answer.
and give a different answer...
If you are looking for a precise answer "immediately
If you are looking for a precise answer 'immediately', it will cause you stress.
Please seek another developer's EA.
I would do so.
For buyers (partners)
Affiliate
FX-ON sales site
Seller (other than me)
Arata
We hope that these five parties
We would like to prosper.
In my case
Through EA
I would like to get along well with my partners
I hope we can be friends in the long term.
I hope we can be friends in the long term.
I am such a person who does not know what I am doing.
I am a person who is not a good person, but I look forward to working with you and your EA. Sales from
:
12/25/2013 21:39
Purchased
:
13
times
Price: $206.1 (taxed)
¥32,800(taxed)
Provider/Distributor:
Sales site:
GogoJungle
●Payment
Forward Test
Back Test
Sales from : 12/25/2013 21:39
Purchased
:
13
times
Price: $206.1 (taxed)
¥32,800(taxed)
Provider/Distributor:
Sales site:
GogoJungle
●Payment
About Forex Automated Trading
What is Forex Automated Trading (MT4 EA)?
Forex Automated Trading refers to trading that is automated through programming, incorporating predetermined trading and settlement rules. There are various methods to conduct automated trading, but at GogoJungle, we deal with Experts Advisors (hereinafter referred to as EA) that operate on a trading platform called MT4.
Trading Types of Forex Automated Trading
There are various types of EAs (Expert Advisors) for different trading types that can be used on MT4.
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)
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)
Risks, Advantages, and Disadvantages of Forex Automated Trading
When engaging in Forex, there are risks in automated trading just as there are in discretionary trading.
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.
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.
Equipment and Environment Needed for Automated Trading Operation
The requirements for operating automated trading (EA) on MT4 are as follows:
・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.
・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.
Installation of MT4 and Account Login
If you open an account with a forex broker that supports MT4, you can use MT4 as provided by that forex broker. MT4 is a stand-alone type of software that needs to be installed on your computer, so you download the program file from the website of the FX company where you opened the account and install it on your computer.
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.
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.
How to Install EA on MT4
To set up an EA when you purchase it through GogoJungle, follow the steps below:
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.
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.
In Case You Want to Change the Account in Use
EAs from GogoJungle can be used with one real account and one demo account per 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.
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.
Solutions for Errors During Web Authentication or Non-Functional Account Trading
If you encounter an error with Web authentication, or if the EA is trading on GogoJungle's forward performance page but not on your own account, there could be various reasons. For more details, please refer to the following link:
→ Items to Check When EA is Not Operating
→ Items to Check When EA is Not Operating
About the Size of Trading Lots
In Forex trading, the size of a lot is usually:
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.
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.
Glossary of Automated Trading
・Profit Factor: Total Profit ÷ Total Loss
・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)
・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)
Useful related pages
・How to Install MT4 EA (Expert Advisor) and Indicators
・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
・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
