Seven Elements

⛀Features of EA ・Uses seven methods to hold a maximum of three positions ・EA equipped with multiple logic compatible with the USD/JPY 5-minute chart ・Implemented trailing stop mode.Added in Ver2.02・Added functionality to forcibly close positions at any time on Friday.Added in Ver2.02

【Background of EA Development】In EA trading, an EA that can consistently win is the ultimate EA. One answer to this question is the common characteristics of EA traders who have been winning for years. They operate multiple EAs simultaneously and constantly replace them. In other words, an old EA is an expired EA that is no longer useful. Some people operate 3 to 5 EAs, while others operate dozens of EAs across multiple accounts, aiming for a profit over the year by swapping them and changing lot distributions. Since you are spending a lot of money to purchase an EA, I want you to use it for as long as possible. If it is a single logic EA, it is clear that it will not win if the logic itself loses its advantage. An EA like Seven Elements, equipped with multiple logics, can adapt through version upgrades. By replacing EAs that have lost their advantage during version upgrades, the lifespan of the EA can be extended. In other words, it is necessary to continuously update the seven logics to maintain their advantages. If we assume that each of the seven EAs (logics) has a position in the design process of the EA, it means the same as operating seven EAs individually. If one EA can load seven logics and merge them into one EA, it becomes possible to aim for stable profits in any market. My answer to this difficult theme is "Seven Elements."

 Short entry when the total score is below -30 

Long entry when the total score is above 30

【Description of EA】Seven Elements is an MT4 exclusive EA automated trading system compatible with the USD/JPY 5-minute chart. The biggest feature of this EA is that it is equipped with seven logics, allowing for versatile trading that can adapt to various markets by specifying the importance for each method. The logics included are the following seven: four trend-following and three counter-trend. ⛀Trend-following type ・PerfectOrder ・GoldenCross ・Magical Trend ・Fast Scalping EA ⛀Counter-trend type ・PriceActionTrading ・MorningReversal ・TokyoTrend

Backtest results with default settings for USDJPY Ver1.01

Backtest results in one position mode for USDJPY Ver1.01

Backtest results with default settings for GBPJPY Ver1.01

Since 2020, a trend market with high volatility has continued. As a method, it is said that the trend-following type is favorable in such a market, with four out of the seven being trend-following types. In the future, if the market stabilizes and becomes a range market with small price movements, it can operate as a counter-trend EA. The biggest feature of this EA is that by specifying the importance for each method, trading that suits the current market can be performed. There is no need to wait for version upgrades from the EA creator. For example, if a drawdown occurs while operating with the default settings for the trend-following type, you can set the importance of the counter-trend EA to MAX 10 and lower the importance of the trend-following EA, allowing it to function as a counter-trend EA. In other words, by increasing the importance of the EA that is prioritized according to the market environment at that time, you can easily run the EA with your original settings. A similar EA is a multi-logic EA that holds positions for each logic. In this case, positions for long and short will be taken separately by each logic, making it prone to hedging and requiring unnecessary margin. Seven Elements scores whether each logic is long or short dominant and is designed to hold long positions in the positive evaluation range and short positions in the negative evaluation range. It holds a maximum of three positions. Depending on the timing of trend reversals, it may result in hedging. Users can input the importance for each of the seven logics to conduct trades that match the current market environment. The default settings are optimized for backtesting against "USD/JPY," but can also be applied to cross-currency pairs such as "GBP/JPY," "EUR/JPY," and "AUD/JPY" with the same settings.⛀Operating Environment・Operates on MT4's 5-minute chart. ・Works with all currency pairs.【Trading Time Zone】The counter-trend logic functions from midnight to morning Japan time, while the trend-following logic operates 24 hours or from server time 7:00 to 17:59. The time zones in which the EA operates vary, but trading is conducted in time corresponding to GMT+2 (winter)/+3 (summer). Therefore, it only supports brokers with GMT+2 (winter)/+3 (summer).【About EA Replacement】 ⛀Trend-following Type ・PerfectOrder ・GoldenCross ・Magical Trend ・Fast Scalping EA ・Breakout Trading⋲×Discontinued ⛀Mid-price Trading Type ・TTM_Trade⋲×Discontinued ⛀Counter-trend Type ・TokyoTrendThe above EAs were included in version 1.01. In version 2.01 released in May 2024, "Breakout Trading" was replaced with "PriceActionTrading," and "TTM_Trade" was replaced with "MorningReversal."

Backtest results with default settings for USDJPY Ver2.01

⛀Profit-focused (default settings) // Importance of each EA PerfectOrder = 10 GoldenCross = 10 MagicalTrend = 1 FastScalping = 6 PriceActionTrading = 10 MorningReversal= 1 TokyoTrend = 1 Additionally, during drawdown, performance can be improved by changing the following parameter values.

Backtest results for USDJPY with counter-trend focus settings Ver2.01

⛀Counter-trend Focus (Stability Focus) // Importance of each EA PerfectOrder = 1 GoldenCross = 8 MagicalTrend = 1 FastScalping = 1 PriceActionTrading = 10 MorningReversal = 10 TokyoTrend = 10The above two are settings optimized based on backtest results from 2007 to 2023. The optimal settings may vary depending on the market environment.

Backtest results with trailing stop Ver2.02

Backtest results without trailing stop Ver2.01

In future version upgrades, EAs with declining performance will be eliminated and replaced with other EAs. The selling price of the EA is relatively high, but it is more economical than buying seven individual EAs. Moreover, there will be version upgrades after purchase, so the cost-effectiveness is excellent.

【Supported FX Companies】Supports brokers where MT4 EAs operate at GMT+2 (winter)/+3 (summer)【Margin Guidelines】For a margin of 100,000 yen, the lot size is 10,000 in one position mode. For a margin of 300,000 yen, in averaging mode, Lots1⋲10,000, Lots2⋲10,000, Lots3⋲10,000 with a fixed lot of 0.1 is recommended. For a margin of 900,000 yen, in averaging mode, Lots1⋲10,000, Lots2⋲20,000, Lots3⋲30,000 is the default setting. If the lot is set to the minimum of 0.01 Lot (1,000 currency), the recommended margin will be one-tenth of the above amounts. Due to the nature of the EA, the order lots for medium signals (Lots2) and strong signals (Lots3) will be frequently issued. In this case, since Lots2 and Lots3 will be ordered consecutively, please calculate the margin based on the highest lot size × 3 times. Even in a single position type, the profit factor does not change much, so if you are running multiple EAs in the same account, the one position mode, which makes lot calculation easier, is also recommended.【Setting Items】（Japanese） Magic = 49099;// Magic number for EA identificationLots1 = 0.1;// Lot size for weak signals 1.0=100,000 0.1=10,000 0.01=1,000Lots2 = 0.2;// Lot size for medium signals 1.0=100,000 0.1=10,000 0.01=1,000 (applies only when averaging)Lots3 = 0.3;// Lot size for strong signals 1.0=100,000 0.1=10,000 0.01=1,000 (applies only when averaging)Nanpin = true;// True for averaging twice, false for one position typeStopLossRequest = 4.0;// Stop order 0.5=50pips 1.0=100pips 10=1000pipsTakeProfitRequest = 5.0;// Limit order 0.5=50pips 1.0=100pips 10=1000pipsSlippage = 1;// Allowed slippage

// Importance of each EAPerfectOrder = 10;// Importance of PerfectOrder (range 1-10) Higher numbers indicate greater importanceGoldenCross = 10;// Importance of GoldenCross (range 1-10) Higher numbers indicate greater importanceMagicalTrend = 1;// Importance of MagicalTrend (range 1-10) Higher numbers indicate greater importanceFastScalping = 6;// Importance of FastScalping (range 1-10) Higher numbers indicate greater importancePriceActionTrading = 10;// Importance of PriceActionTrading (range 1-10) Higher numbers indicate greater importanceMorningReversal= 1;// Importance of MorningReversal (range 1-10) Higher numbers indicate greater importanceTokyoTrend = 1;// Importance of TokyoTrend (range 1-10) Higher numbers indicate greater importance

// Other settings MaxSpread = 50;// Allowed spread Enter the difference between Bid and Ask values Example 50⋲5pipsMaxError = 100;// Count setting for order rejection errors (specify in the range of 30-200)ManualMode = false;// True for discretionary trading mode, false for automatic trading modeMonday = true;// True for new entries on Monday, false for not (server time GMT+2 (winter)/+3 (summer))Tuesday = true;// True for new entries on Tuesday, false for not (server time GMT+2 (winter)/+3 (summer))Wednesday = true;// True for new entries on Wednesday, false for not (server time GMT+2 (winter)/+3 (summer))Thursday = true;// True for new entries on Thursday, false for not (server time GMT+2 (winter)/+3 (summer))Friday = true;// True for new entries on Friday, false for not (server time GMT+2 (winter)/+3 (summer))CommentOnOff = true;// Comment on chart display true, false for not displaying

Added in version 2.02 (2024.11.14) WeekendClose = false; // Weekend forced close setting true to forcibly close on weekends, false to notClose_Hour = 16;// When the weekend close setting is true, at what hour on Friday to forcibly close positions (specify in the range 0-23)Close_Minute = 40;// When the weekend close setting is true, at what minute on Friday to forcibly close positions (specify in the range 0-59)Added in version 2.02 (2024.11.14) TrailingStop = false;// Enable trailing stop true, false to notTrailingRate = 0.1;// Trailing will activate when the rate moves above this value 0.01=1pips 0.1=10pips 1=100pips

【Setting items】（English） Magic = 49099;// Magic numberLots1 = 0.1;// Small sign position lot 1.0=100,000 0.1=10,000 0.01=1,000Lots2 = 0.2;// Medium sign position lot 1.0=100,000 0.1=10,000 0.01=1,000Lots3 = 0.3;// Strong sign position lot 1.0=100,000 0.1=10,000 0.01=1,000Nanpin = true;// Nanpin mode=true | One position mode=falseStopLossRequest = 4.0;// StopLoss 0.5=50pips 1.0=100pips 10=1000pipsTakeProfitRequest = 5.0;// TakeProfit 0.5=50pips 1.0=100pips 10=1000pipsSlippage = 1;// slippage//Importance of each EA PerfectOrder = 10;// PerfectOrder Importance Min=1 Max=10GoldenCross = 10;// GoldenCross Importance Min=1 Max=10MagicalTrend = 1FastScalping = 6;// FastScalping Importance Min=1 Max=10PriceActionTrading = 10;// PriceActionTrading Importance Min=1 Max=10MorningReversal = 1;// MorningReversal Importance Min=1 Max=10TokyoTrend = 1;// TokyoTrend Importance Min=1 Max=10 // Other settings MaxSpread = 50;// Max spread (50=5pips)MaxError = 100;// Continuous order count limit (Min=30 Max=200)ManualMode = false;// No automatic trading = true | Automatic trading = falseMonday = true;// Monday = true or false （GMT+2/+3）Tuesday = true;// Tuesday = true or false （GMT+2/+3）Wednesday = true;// Wednesday = true or false （GMT+2/+3）Thursday = true;// Thursday = true or false （GMT+2/+3）Friday = true;// Friday = true or false （GMT+2/+3）CommentOnOff = true;// CommentOnOff = true or false

Added in version 2.02 (2024.11.14) WeekendClose = false; // Weekend close setting: true to activate | false to deactivateClose_Hour = 16;// Weekend close setting, What hour on Friday (Min=0 Max=23)Close_Minute = 40;// Weekend close setting, What minute on Friday (Min=0 Max=59)Added in version 2.02 (2024.11.14) TrailingStop = false; // Enable trailing stop: true to activate | false to deactivateTrailingRate = 0.1; // Trailing is activated by this value | 0.1=10pips 1.0=100pips

【Version Upgrade History】Latest Version 2.021. Reviewed the upper limit setting for the number of entries per day. Added the following item to the property: MaxError = 100;// Upper limit for continuous entry count (range 30-200) This is a protection program in case orders do not go through due to insufficient margin or server errors, preventing an infinite loop of orders. It was previously fixed, but has been modified to allow for free setting of the count. The reset timing for the count in the program is at server time 4:00 (Japan time 10:00-11:00), 11:00 (Japan time 17:00-18:00), and 18:00 (Japan time 24:00-1:00). If the limit is reached by manually closing positions, restarting MT4 will reset the count to zero. 2. Added a setting to not place orders when spreads widen. Enter the allowed spread as the difference between Bid and Ask values Example 50⋲5pips Default MaxSpread = 50 3. Made it possible to choose between discretionary mode and automatic trading mode. Added the following item to the property: ManualMode = false; // true for discretionary mode, false for enabling automatic trading. Previously, even if manual closing was done, as long as signals continued to appear, positions were taken in the same direction again. A setting was added to not place new orders without stopping the EA. By setting ManualMode to true, it enters discretionary mode, and new and closing orders will not be placed. 4. Switchable between averaging mode and one position mode. The default setting is to average twice. It holds a maximum of three positions. To switch to one position type, set Nanpin = false. 5. Replaced EAs. Version 2.01 (2024.05.10) Discontinued "Breakout Trading" and added "PriceActionTrading," discontinued "TTM_Trade" and added "MorningReversal." The optimized parameter values will also be changed accordingly.

6. Implemented trailing stop mode.Version 2.02 (2024.11.14)Added trailing orders that automatically follow the stop-loss order rate only when it moves in a favorable direction. This is a method of ordering that allows for efficient profit-taking while controlling loss risk. The stop-loss value will move when the rate moves more than the specified pips. 7. Added functionality to forcibly close positions at any specified time on Friday.Version 2.02 (2024.11.14)Positions will be forcibly closed at the specified time on Friday server time. ⛀Example of forced closing at server time 16:40 Close_Hour = 16;// When the weekend close setting is true, at what hour on Friday to forcibly close positions (specify in the range 0-23) Close_Minute = 40;// When the weekend close setting is true, at what minute on Friday to forcibly close positions (specify in the range 0-59) In the above settings, if there are held positions at 16:40 on Friday server time, they will be forcibly closed. No new orders will be placed until Monday morning.