アリスGBPUSD

EA that trades the anomalies of the three major markets

Forex trading is available 24 hours a day.
In general, there are three major financial markets: Japan ➱ London ➱ New York, and so on.

Each of these national markets has its own characteristics and anomalies.
For example, the Nikkei average tends to be pulled by the movement of the NY Dow on the previous day.

So I was wondering if the same market movement of the previous day or the previous time in foreign exchange (FX) would not also affect the next day.
So in this Alice GBPUSD, I examine the price movements of a specific past time period and take a position for each market time period in that direction. Also, no technicals are used.

Specifically, if the movement of the Japanese market on the day matches the movement of the London market in the previous hour, you would take a position in that direction from 21:00 to 23:54, the pre-NY market, and so on. That is the FXea Alice program.

FXea Alice Trading Hours

FXea Alice watches the previous market and the previous day's market movement, and closes at ➱9:00 and ➱15:54 Japan time.
New at 9:00am ➱ Close at 15:54pm
New at 16:00 and close at 20:54
New at 21:00 ➱ Close at 23:54
New at 0:00 ➱ Close at 03:54
Hold positions during the time period of ➱1:00 ➱2:00

*We may not take a position if the price movements of the two markets do not match.

Alice GBPUSD's Nanpin Function

FXea Alice GBPUSD also has a nanpin function (cannot be changed) from the perspective that it is not possible to hit a high and low price exactly in forex trading.
The number of lots is added every time the market moves backward by 10 pips, and the stop loss is made when the market moves backward by 100 pips.

Specifically, if the set value is 0.1 lot (10,000 currency), a 0.1 lot position is added for every 10 pips backwardation, and if the position goes backward 100 pips from the starting rate, the position will be closed at a loss.

The maximum amount of loss at this time is 55,000 yen, which is the maximum amount of one possible loss if the set value is 0.1 lot (10,000 currency). (Slippage is not included.) Please use this as a reference for money management.

Alice GBPUSD Parameter Value

This is how the FXea Alice GBPUSD parameter setting values are explained.

Select Image

-*Please place on the 1-hour chart of GBPUSD as ➱ explained
As ➱ explained, please place it on the 1-hour chart of GBPUSD.
　It will not work properly if set on any other currency pair or any other time leg.

➱ Magic number (so as not to be covered by other EAs in operation).
➱This is a ➱unique magic number. Please do not use the same number as other EAs in operation.

▪ Number of lots (0.1 = 10,000 currency) *Maximum number of positions traded is number of lots x 10
This is the number of ➱ lots; 0.1 holds 10,000 currency positions and 0.01 holds every 1,000 currency positions.
　FXea Alice GBPUSD will have a maximum of 10 positions.
　In other words, if the setting is 0.1Lot, you will have a maximum position of 1.0Lot.

*Specifically, if the set value is 0.1 lot (10,000 currency), a 0.1 lot position will be added for every 10 pips backwardation, and the position will be cut off when the rate goes backward 100 pips from the starting rate.
The maximum amount of loss at this time is 55,000 yen per possible maximum loss if the set value is 0.1 lot (10,000 currency). (Slippage is not included.)

➱Allowable slippage (pips)
➱Allowable slippage is the range of whether or not the EA will place an order when the actual rate is different from the rate ordered.
　The unit is pips, which is the basic default (as is).

Allowable Spread (pips )
The allowable spread is the maximum amount of difference between the bid and offer rates (spread), measured in pips.
　If the spread exceeds this amount, no new orders will be placed. The allowable spread does not apply to settlement orders.

➱If your trading hours differ due to the use of overseas servers, etc., please adjust your trading hours.
➱FXea Alice will hold positions at 9:00, 16:00, 21:00, and 0:00 Japan time while watching market conditions.
　Basically, you can use the default (as it is), but if you use overseas servers etc. and the trading hours are different, please adjust it.

~As a precaution
1) Basically, MT4 is on Russian time.
MT4's default time display is Russian time, the time of the company for which MT4 was developed.
Therefore, the time displayed is basically Russian time (winter time - 7 hours, summer time - 6 hours), which differs from Japan time.

(2) Trading Server Time
Basically, MT4 converts parameters to Japan time based on Russian time, but some FX companies set their own server time. In that case, the time to trade will be shifted,
1. Check if you have positions as set at 9:00, 16:00, 21:00, and 0:00 Japan time in demo trades (Remember that MT4's basic display time is Russian time. Open the charts of other applications and check them as well).
2. If the time is off, set the parameter setting values to move at 9:00, 16:00, 21:00, and 0:00 JST.
The settlement time should be adjusted to the same time as well.
Please do the following

Alice GBPUSD Backtest Results

Backtest results for the past 10 years (01/02/2013 - 12/30/2022). Data note: Data from Alice GBPUSD MT5 version (private). Historical original data is FXTF.