HIKARI_Time_USDJPY_H1
- Whole period
- 2 years
- 1 year
- 6 months
- 3 months
- 1 month
Forward testing (Profit)
Monthly Statistics
- Jan
- Feb
- Mar
- Apr
- May
- Jun
- Jul
- Aug
- Sep
- Oct
- Nov
- Dec
Calendar for Months
About EA's Strategy
Translating...
Thank you for your interest in "HIKARI_Time_USDJPY_H1".
We appreciate it.
This is an EA with characteristics for the timing of entry.
It is not a mediocre EA that you often receive in giveaway campaigns.
It is designed to be used long-term and can be left unattended without worrying about the market.
・Can be operated with a small amount of capital
・Holds positions for only a few hours
・Can be completely unattended
・Capital protection settings (recommended lot size is provided)
・Easy-to-understand settings
(We also provide support for settings for beginners.)
Overview of "HIKARI_Time_USDJPY_H1"
・Low spread accounts (such as ThreeTrader)
Can operate from a margin of 4,000 yen with 0.01 lots.
・High spread accounts (such as XM Standard account)
Can operate from a margin of 6,000 yen with 0.01 lots.
・Operates set on the 1-hour chart of USDJPY.
・The type is a day trading EA based on anomalies.
Since it is day trading, it only holds positions for a few hours.
・Enters at a fixed time, and either sets TP/SL or closes at a fixed time.
Only enters when the market conditions are checked and deemed favorable.
・In addition to trading profits,swaps, andcashbacksare also earned.
・It has spread resistance and can be used with brokers and accounts that have wide spreads.
Recommended for those who:
・Want to use a reliable EA utilizing backtesting and analysis tools
・Seek stable profits while minimizing risks
・Want to build a portfolio
・Are considering long-term investments and looking for an anomaly EA
・Are beginners who want to start investing without specialized knowledge
(The setting parameters are kept to a minimum.)
Low Spread Backtesting
Long-term (20 years) backtesting results


Short-term (last 10 years) backtesting results


What can be understood from the backtesting results
Below are the strict backtesting results for " variable spread・spread addition +5・slippage enabled・
swap enabled".
・The backtesting period is "from 2003 to the most recent long-term (20 years)" and "the last 10 years".
・It operates in environments with narrow spreads like ThreeTrader andreceives cashbackswhile
considering usage, and has conducted backtesting in a very strict environment.
・In the recent market, it has particularlybeen able togenerate profits.
・The graph shows a steady upward trend.There are no noticeable
large drawdowns.
・RF (Recovery Factor)
Long-term (20 years) 44.26 / YRF 2.17
Last 10 years 29.14 / YRF 2.90
(It is said that a score of "5.0" or more in 10 years is passing, and "10.0" or more is a good score)
・Total number of trades
Long-term (20 years) 3332 times
Last 10 years 1659 times
(The guideline is more than 100 times a year, more than 1000 times in 10 years)
・PF (Profit Factor)
Long-term (20 years) 1.77
Last 10 years 2.23
(1.25 or more is the guideline. If too high, it may be suspected of over-optimization)
Analysis using paid tools
I conducted a detailed analysis using an analysis tool called Iwaraizar_FX.

・When operated with 0.1 lots, looking at the long-term graph,
the only drawdown period exceeding 30,000 yen was in 2016.
・Profits have been generated every year from 2003 to the most recent.
High Spread Backtesting
Long-term (20 years) backtesting results


Short-term (last 10 years) backtesting results


What can be understood from the backtesting results
Below are the quite strict backtesting results for " variable spread・spread addition +20・slippage enabled・
swap enabled".
・The backtesting period is "from 2003 to the most recent long-term (20 years)" and "the last 10 years".
・It operates in environments with wide spreads like XM Standard accounts and
receives cashbackswhile considering usage,
and has conducted backtesting in a very strict environment.
・In this strict condition backtesting,it has not performed well during the Lehman Shock.
・In the recent market, it has particularlybeen able togenerate profits..
・The graph shows a steady upward trend.There are no noticeable
large drawdowns.
・RF (Recovery Factor)
Long-term (20 years) 21.67 / YRF 1.06
Last 10 years 22.15 / YRF 2.21
(It is said that a score of "5.0" or more in 10 years is passing, and "10.0" or more is a good score)
・Total number of trades
Long-term (20 years) 3332 times
Last 10 years 1659 times
(The guideline is more than 100 times a year, more than 1000 times in 10 years)
・PF (Profit Factor)
Long-term (20 years) 1.49
Last 10 years 1.86
(1.25 or more is the guideline. If too high, it may be suspected of over-optimization)
Analysis using paid tools
I conducted a detailed analysis using an analysis tool called Iwaraizar_FX.

・When operated with 0.1 lots, looking at the long-term graph,
the only drawdown period exceeding 40,000 yen was from 2006 to 2008.
・Profits have been generated every year from 2004 to the most recent.
Price: $113 (taxed)
¥18,000(taxed)
●Payment
Sales from : 12/11/2023 06:09
Price: $113 (taxed)
¥18,000(taxed)
●Payment
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)
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.
・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.
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.
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.
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.
→ Items to Check When EA is Not Operating
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.
・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)
・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
