Four_Requirement

*Addendum on 2024/01/16: It has been about two months since the start of real operation of GogoJan, and thanks to your support, we have achieved " No. 1 in the Best Selling Ranking" and"No. 1 in the Rate of Return for Three Months" at this point. On the other hand, we have received many inquiries through the community and messages, so we have added a [Frequently Asked Questions] section. Please refer to the bottom of this page for a list of questions that we feel are important, even if they are not "frequently asked" questions.

*Addition on 12/16/2023

After about a month since the start of the gogo-jump operation, thanks to your support, we have ranked first overall in the monthly profitability ranking, and we have received many inquiries.

It is nothing to be proud of as it is only one month old, but it is also an EA aimed at long-term profits, so please feel free to contact us if you have any questions.

[EA Summary]. The automated trading system "Four_Requirement" is,Four theories: "WPR," "RSI," "ATR," and "Stoch."Combination of,EA that builds up profits over the long termIt is.Maximum of only one position heldIn,We do not engage in any kind of "napin" or "martingale".Therefore, excessive margin or leverage is not required.

There are no currency restrictions or time frame restrictions, and parameters can be changed to the very edge of logic leakage, so they can be freely customized. In addition to the expected investment profit, if you operate with "1 minute leg", you will trade 1-3 times almost every day, making it suitable for so-called "trade-back type" campaigns.

Thebasic logic is to enter the market when the " WPR," "RSI," and "Stoch" conditions are met and the "ATR" value is not too high (i.e., when it is not too late to get in ). Then, when the "RSI" and "Stoch" conditions are met, the settlement is made by logic or by "T/P, S/L" touch specified by the parameters. Basically, this is an "inverse" position, but since we also refer to the long-term for each indicator, it is closer to the image of "buy and sell at the push point " rather than "aiming for the bottom of the market" to reduce the "risk of breakout. Positions are held for a few minutes at the earliest, or three days at the most, and are closed at the weekend (Saturday morning in Japan time ) to accommodate stop hunting at the beginning of the week (window opening ).

The "Four_Requirement" encourages the use of the EUR/USD 1-minute time frame (same for each test). （However, depending on the parameters, it may be possible to make a profit with "USD/JPY" or "GBP/USD" as well. In any case, try to choose a currency pair with moderate volatility expectations and narrow spreads.

[ Parameter Description].

The default parameters of the EA are optimized for the current market conditions. The back-tests (for the past 15 years) are conducted with those parameters, so they may not be very helpful. We leave the " changeable part" of the parameters as much as possible (in many cases, they are hidden to prevent leakage).

I think that optimizing with historical data every 6 months to a year would improve the winning rate.

MagicNumber: Set the magic number. Basically, there is no need to change the magic number since this is a "one position to one settlement" EA, but change it if you want to use it for multiple currencies. Lots: You can change the trading lots. Slippage: Allowable slippage can be set. SpreadFilter: Allows you to apply a filter to prevent entry when the spread exceeds the value set in "Spread" below. Spread: This is the number used to apply the above filter, where "1" = "1 pips". TakeProfit: The T/P value can be set in pips. StopLoss: The S/L value can be set in pips.ExternsOpenIndicator All ows you to set the value of " WPR," "Stoc," "RSI," and "ATR" at the time of entry.

ExternsOpenValue: This is the filter for the above entry. EcternsCloseIndicator: The values of "Stoch" and "RSI" at the time of settlement can be set. ExternsCloseValue: This filter is used for the above settlement.

When operating with the *encouraged EUR/USD (M1), please use basically the initial parameters as they have been optimized.

Frequently Asked Questions】Q: What is the spread for official operations? A: We cannot tell the exact spread because it was prepared by GogoJan. However, the spread disclosed by FXTF is 0.3 pips, and the EA fee is 200 yen (about 0.13 pips at 150 yen per dollar), so if you consider the total to be 0.43 pips, it is generally consistent with our sense, so please refer to it. Q: Is the real operation really operational? A: The real operation on the product page (different from the official operation of GogoJin) is published by volunteers of users. The operation itself is real, but the FX company may be different, or it may be a real account or a demo account. There is also an element of intervention such as changing the lot size, so a close examination of each shot may be necessary. Q: Is it possible to make a profit on an account with XX pips? A: In an encouraging environment, it would be difficult to make a profit if the pips are more than 1.0 pips. Since our EA has a large number of one-minute trades and a difference of a few tenths of a pips can greatly affect profit and loss, please choose an account with a narrower spread. Q: I want to use a high-leverage account. A: This EA has a function to force close trades on the weekend to prevent stop hunting at the beginning of the week, and it can be operated even with low leverage. Therefore, we recommend that you choose an account with a narrow spread rather than leverage. Q: What is the maximum drawdown? A: This is just a personal estimate, but in the worst case, it could be as much as 40%. Of course, there are cases where it exceeds expectations, and there are also cases where it does not occur at all. Since there are no absolutes in investment, we recommend that you divide the "operation and suspension" of EA. Q: What is the recommended lot size? A:In the case of 25 times leverage, the recommended lot size is 0.1 (10,000 currencies) per 100,000 yen of margin. (Proportional to the official operation) Although we designed the system with a generous margin when it was first developed, we recommend that you do not exceed this amount due to the weakening of the yen. We also ask that you calculate your lot size in other leveraged environments based on the above. Q：Should I stop during economic indicators? A: It is safer to stop when an indicator moves more than the recommended parameter of S/L (120 pips at this time). In particular, Friday's employment statistics sometimes do not go well with weekend forced settlement, and even if it does not lead to S/L, there have been patterns in the past where the market has moved in the opposite direction and forced settlement has occurred. However, if you stop every time there is an indicator, you may also lose the opportunity to go back and forth, so please use your own judgment. Q：Can I use it with accounts other than GMT+2 and GMT+3? A：The logic trading itself will perform without problems, but there is a possibility that the weekend settlement will not be performed correctly because it is assumed to be GMT+2 and GMT+3. However, since this is basically not recommended, please settle manually or refrain from using the system on Fridays. Q: If you are unable to close a position, do you hold the position until T/P or S/L? Or settle with a different logic? A: In some cases, when the allowable slippage (6 pips by default) is exceeded or the FX company refuses to execute the contract for some reason, the position may not be settled. In such cases, the logic will try again after an interval of a few seconds, but if it still fails to settle, it will settle "just before the next order is placed". Although this is a different settlement from the normal logic, the slippage has been optimized so that the total amount is still positive, so if you have no particular preference, we recommend that you use the default value. Q: It says that I can use other currencies, but I cannot place an order for dollar-yen. A: Perhaps, but the ATR value is too low. The calculation of this indicator is special, and the values are very different for straight dollar and cross yen. We are sorry, but optimization is not a numbers game, and we ask that you at least understand the content of the four indicators, especially when applying them to other currencies. Q：I would like to know the optimal parameters for other currencies. A：We ask our users to optimize the parameters for other than the recommended environment (1 minute Euro/Dollar), and we are not able to answer this question. However, there are many types of parameters, and doing it properly takes an enormous amount of time, so I think it is necessary to compromise to some extent. If it were me, I would first solidify "T/P and S/L" and then give priority to open-related optimization. Q: Is 50-60ms sufficient communication speed for MT4 servers? A: This EA does not aim for latency or arbitrage, so I think it is sufficient. In the past, when we operated the EA in an environment of over 100ms, we did not feel any particular problems. Q: There is a discrepancy between the back test and real operation! A: In an encouraging environment, the "one-minute" time frame is used, so deviations will inevitably occur. The back test is a pseudo tick, and to take it to the extreme, only the opening price, closing price, high price, and low price are determined. On the other hand, our EA is a type in which the four indicators are intricately related and orders are placed while the ticks are moving. On the other hand, we have spent years developing this product with an emphasis on forwards, so we ask that you keep the backtests as a reference only and refer to the official operation on the product page to decide whether or not to operate the product.