Reversal Seven

Notice (August 20, 2024)Currently, there is a significant drawdown occurring in the official GogoJungle forward of Reversal Seven. The current market conditions are the worst match for counter-trend EAs, and it cannot win with the default sensitivity setting of 1. By adjusting the sensitivity settings added in Ver1.02, profits can be targeted in various market conditions. In the real account of FXTF, the performance is the exact opposite of the official GogoJungle forward.

REAL TRADEhttps://real-trade.tech/accounts/74559?via=users_realtradeThis EA "Reversal Seven" can target profits not only in range markets but also in trending markets.

When the market moves significantly as it is now, increasing the sensitivity allows for timing to match rapid price movements. Therefore, in high volatility markets, set the sensitivity to MAX 25, and during calmer price movement periods, lowering the sensitivity stabilizes performance.

I hope this serves as a reference for your settings.

EA Features Uses seven counter-trend methods and can hold up to 3 positions Multi-logic EA compatible with the USDJPY 5-minute chart

【Background of EA Development】

In the high volatility market since 2020, many counter-trend EAs have updated their maximum drawdowns. Is it possible to continue winning steadily with counter-trend methods?
My answer to this question is to interchange multiple counter-trend logics according to the current market environment.
In other words, an EA that does not match the market environment is useless and will only lose.

This EA uses seven different logics and allows for changing the importance of the logics according to the current market environment.

Since you are spending a significant amount 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 becomes useless once the logic itself loses its advantage.

With an EA like Reversal Seven that is equipped with multiple logics, it is possible to aim for stable profits in various markets without waiting for version upgrades.

The difference from similar products like Seven Elements is whether it is primarily trend-following or counter-trend.

While Seven Elements is a trend-following main EA, Reversal Seven is specialized for counter-trend.

Short entry when the total score is below -30

Long entry when the total score is above 30

【EA Description】
Reversal Seven is an MT4 dedicated EA automated trading system compatible with the USDJPY 5-minute chart.

The biggest feature of this EA is that it is equipped with seven counter-trend logics, allowing for flexible trading that can adapt to various markets by specifying the importance for each method.

The logics included are as follows.
All are counter-trend methods.

Included Logics
No.1.RangeRange// Entry from server time 7:00 to 17:59
No.2.PriceActionInsideBar// Entry anytime 24 hours regardless of server time
No.3.IchimokuSignalTrade// Entry from server time 18:00 to the next 5:59
No.4.BollingerBand// Entry from server time 22:00 to the next 0:59
No.5.PriceActionTrading// Entry from server time 18:00 to the next 1:59
No.6.MorningReversal// Entry from server time 22:00 to the next 2:59
No.7.TokyoTrend// Entry from 7:00 to 17:59 Japan time

Since 2020, a trend market with high volatility has continued.
As a method, it will be a market favorable for trend-following, so high performance is not expected from counter-trend EAs.
In the future, if the market stabilizes and becomes a range market, I believe counter-trend EAs will function well.
The biggest feature of this EA is that it allows for trading that matches the current market by specifying the importance for each method.
In other words, without waiting for version upgrades from the EA developer, you can freely customize the EA to match the current market just by changing the importance of the EA.

This means that by increasing the importance of the EA that is prioritized according to the current market environment, you can easily run the EA with original settings.

As a similar EA, there is a multi-logic EA that allows each logic to hold positions.
In this case, each logic will take long and short positions separately, making it prone to hedging and requiring unnecessary margin.

Reversal Seven quantifies 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 can hold a maximum of 3 positions.
Depending on the timing of trend reversals, it may lead to hedging.

Users can perform trades that match the current market environment by inputting the importance for each of the seven logics.

USDJPY Backtest Results (Ver1.01)

LogicChanged the importance of No.7 TokyoTrend to 106

Backtest results in one position mode (Ver1.01)

Fixed averaging ratio (Lot1=0.1 Lot2=0.1 Lot3=0.1)

Backtest results in one position mode with sensitivity set to MAX 25 (Ver1.02)

The default settings are optimized for "USD/JPY," but can also be applied to other currency pairs such as "GBP/JPY," "EUR/JPY," and "EUR/USD."

Operating Environment
・Operates on MT4's 5-minute chart.
・Works with all currency pairs.

【Trading Time Zone】
The time zones in which the EA operates vary, but trading is conducted in GMT+2 (Winter)/+3 (Summer).
Therefore, it only supports brokers in GMT+2 (Winter)/+3 (Summer).

【Introduction of 7 Logics】

No.1.RangeRange（Range Range）
Operates from server time 7:00 to 17:59.
Finds optimal entry points for buying and selling based on multi-timeframe analysis and the range of highs and lows.
While other logics operate from late night to early morning Japan time, this logic operates from early afternoon to midnight Japan time.
It operates from a little before the European participants start until just before London closes.
Please change the importance according to your preference.

No.2.PriceActionInsideBar（Price Action Inside Bar）
Operates anytime 24 hours.
Price action trading based on inside bars.
Logic for buying on dips and selling on rebounds in range markets.
Increasing the importance of this logic will significantly increase the number of trades.
However, since unnecessary trades may increase, please keep the importance at the minimum of 1.

No.3.IchimokuSignalTrade（Ichimoku Signal Trade）
Operates from server time 18:00 to the next 5:59.
Makes trading decisions based on the Ichimoku Kinko Hyo's turning line, base line, and candlesticks.
Counter-trend short when the turning line crosses above the base line (golden cross achieved),
Counter-trend long when the turning line crosses below the base line (dead cross achieved).
Please change the importance according to your preference.

No.4.BollingerBand（Bollinger Band）
Operates from server time 22:00 to the next 0:59.
Operates early morning Japan time.
Detects reversals based on Bollinger Bands ±2σ and candlesticks for trading.
Since it has poor compatibility with other logics, please set the importance to the minimum of 1.

No.5.PriceActionTrading（Price Action Trading）
Operates from server time 18:00 to the next 1:59.
Operates from late night to early morning Japan time.
A scalping logic that trades based on price action in response to sudden market fluctuations.
Please change the importance according to your preference.

No.6.MorningReversal（Morning Reversal）
Operates from server time 22:00 to the next 2:59.
An EA that operates in the morning, a morning scalping type.
Please change the importance according to your preference.

No.7.TokyoTrend（Tokyo Trend）
Operates from 7:00 to 17:59 Japan time.
While the trading frequency is low, it contributes to stable trading.
Depending on the combination with other logics, performance may improve.

The above EA is the EA included in version 1.02.
In future version upgrades, there may be cases where EAs with decreased performance are eliminated and other EAs are incorporated.

【Backtest Results】January 2, 2007 - December 30, 2023

【Recommendation Level】

Sensitivity 1 Total Profit $76,124 Profit Factor 1.51 Number of Trades 5,120

【Recommendation Level】

Sensitivity 25 Total Profit $127,088 Profit Factor 1.15 Number of Trades 23,253

Importance Settings
・RangeRange = 10 important
・PriceActionInsideBar = 1
・IchimokuSignalTrade = 1
・BollingerBand = 1
・PriceActionTrading = 10 important
・MorningReversal = 10 important
・TokyoTrend = 1

The above settings are the default settings. Increasing sensitivity will increase the number of trades, but there is a possibility of losing due to spreads. If you increase sensitivity, please be sure to operate with a broker that has narrow spreads.

【Recommendation Level】

Sensitivity 1 Total Profit $93,111 Profit Factor 1.46 Number of Trades 5,841

【Recommendation Level】

Sensitivity 25 Total Profit $82,301 Profit Factor 1.11 Number of Trades 21,674

Importance Settings
・RangeRange = 1
・PriceActionInsideBar = 1
・IchimokuSignalTrade = 1
・BollingerBand = 1
・PriceActionTrading = 10 important
・MorningReversal = 10 important
・TokyoTrend = 10 important

The above settings demonstrate high performance when sensitivity is set to 1.

【Recommendation Level】

Sensitivity 1 Total Profit $75,513 Profit Factor 1.41 Number of Trades 3,704

【Recommendation Level】

Sensitivity 25 Total Profit $91,078 Profit Factor 1.15 Number of Trades 22,202

Importance Settings
・RangeRange = 10 important
・PriceActionInsideBar = 1
・IchimokuSignalTrade = 1
・BollingerBand = 1
・PriceActionTrading = 10 important
・MorningReversal = 10 important
・TokyoTrend = 10 important

The above settings demonstrate high performance when sensitivity is raised to MAX 25.

【Recommendation Level】

Sensitivity 1 Total Profit $73,489 Profit Factor 1.24 Number of Trades 6,439

【Recommendation Level】

Sensitivity 25 Total Profit $91,782 Profit Factor 1.08 Number of Trades 48,687

Importance Settings
・RangeRange = 10 important
・PriceActionInsideBar = 1
・IchimokuSignalTrade = 10 important
・BollingerBand = 1
・PriceActionTrading = 1
・MorningReversal = 1
・TokyoTrend = 10 important

The above settings are the default settings for version 1.01.



【Supported FX Companies】
Supports brokers that operate MT4 EA in 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, it is recommended to fix the lot size at 0.1 for Lots 1, 2, and 3 at 100,000 currency.
For a margin of 900,000 yen, the default setting is Lots 1, 2, and 3 at 100,000 currency in averaging mode.

If the lot size 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, orders for medium sign (Lots 2) and strong sign (Lots 3) will be placed frequently.
In this case, since the lot sizes of Lots 2 and Lots 3 will be ordered consecutively, please calculate the margin based on the highest lot size × 3 times.

Even in single position mode, the profit factor does not change much, so if you are running multiple EAs in the same account, one position mode is also recommended for easier lot calculation.

【Setting Items】（Japanese）
Magic = 49522;// EA identification magic number
Lots1 = 0.1;// Lot size for weak signals 1.0=100,000 0.1=10,000 0.01=1,000
Lots2 = 0.2;// Lot size for medium signals 1.0=100,000 0.1=10,000 0.01=1,000 (applies only in averaging)
Lots3 = 0.3;// Lot size for strong signals 1.0=100,000 0.1=10,000 0.01=1,000 (applies only in averaging)
Nanpin = true;// True for averaging twice, false for one position mode
StopLossRequest = 4.0;// Stop order 0.5=50pips 1.0=100pips 10=1000pips
TakeProfitRequest = 5.0;// Limit order 0.5=50pips 1.0=100pips 10=1000pips
Slippage = 1;// Allowable slippage
// Importance of each EA
RangeRange = 10;// Importance of RangeRange (range 1-10) larger numbers indicate greater importance
PriceActionInsideBar = 1;// Importance of PriceActionInsideBar (range 1-10) larger numbers indicate greater importance
IchimokuSignalTrade = 10;// Importance of IchimokuSignalTrade (range 1-10) larger numbers indicate greater importance
BollingerBand = 1;// Importance of BollingerBand (range 1-10) larger numbers indicate greater importance
PriceActionTrading = 1;// Importance of PriceActionTrading (range 1-10) larger numbers indicate greater importance
MorningReversal = 1;// Importance of MorningReversal (range 1-10) larger numbers indicate greater importance
TokyoTrend = 10;// Importance of TokyoTrend (range 1-10) larger numbers indicate greater importance
// Other settings
MaxSpread = 50;// Allowable spread Enter the difference between Bid and Ask values, e.g., 505pips
MaxError = 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 mode
Monday = 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 the chart screen display true, false for not displaying

【Setting items】（English）
Magic = 49522;// Magic number
Lots1 = 0.1;// Small sign position lot 1.0=100,000 0.1=10,000 0.01=1,000
Lots2 = 0.2;// Medium sign position lot 1.0=100,000 0.1=10,000 0.01=1,000
Lots3 = 0.3;// Strong sign position lot 1.0=100,000 0.1=10,000 0.01=1,000
Nanpin = true;// Nanpin mode=true | One position mode=false
StopLossRequest = 4.0;// StopLoss 0.5=50pips 1.0=100pips 10=1000pips
TakeProfitRequest = 5.0;// TakeProfit 0.5=50pips 1.0=100pips 10=1000pips
Slippage = 1;// slippage
//Importance of each EA
RangeRange = 10;// RangeRange Importance Min=1 Max=10
PriceActionInsideBar = 1;// PriceActionInsideBar Importance Min=1 Max=10
IchimokuSignalTrade = 10;// IchimokuSignalTrade Importance Min=1 Max=10
BollingerBand = 1;// BollingerBand Importance Min=1 Max=10
PriceActionTrading = 1;// PriceActionTrading Importance Min=1 Max=10
MorningReversal = 1;// MorningReversal Importance Min=1 Max=10
TokyoTrend = 10;// 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 = false
Monday = 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


【Version Upgrade History】Latest Version 1.02

1. Reviewed the upper limit setting for the number of entries per day.
Added the following item to the properties:
MaxError = 100;// Upper limit for continuous entry count (range 30-200)
This is a protection program in case orders are not executed due to insufficient margin or server errors, leading to 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 allowable spread, the difference between Bid and Ask values, e.g., 505pips
Default MaxSpread = 50

3. Made it possible to choose between discretionary mode and automatic trading mode.
Added the following item to the properties:
ManualMode = false; // True for discretionary mode, false for enabling automatic trading
Previously, even if manual closing was done, as long as signals were still being generated, positions were taken again in the same direction.
A setting has been added to not place new orders without stopping the EA.
By setting ManualMode to true, it will enter discretionary mode, and new and closing orders will not be placed.

4. Switchable between averaging mode and one position mode.
The default setting is set to averaging twice.
It can hold a maximum of three positions.
To switch to one position mode, set Nanpin = false.

Below are the modifications for Ver1.02:
5. Added sensitivity setting function
In the default setting, it holds long positions when the Total Score is above 30 and short positions when below -30.
The sensitivity number can be increased from the default of 1 to a maximum of 25.
Increasing the number will increase the number of trades.

6. Logic adjustments
Adjusted the internal logic of Logic No5.PriceActionTrading.
Fixed a bug where Logic No6.MorningReversal was not functioning.