MY_Frontier_AUDJPY

This EA is an EA that aims to double profit from the attractive swap and exchange gains of AUD/JPY. First, like a normal EA, it aims at the edge of the market and makes an entry, and if it works, it will take profit as it is.

If a position is caught, the concept of this EA is to rescue it with a salvageable ball while receiving swap points, without taking a loss.

Profit will be taken according to the total profit of all positions.

In order to also benefit from swap point profits, entry is in the buy direction only. (We recommend that you use a firm with the highest swap point as possible when using this EA.)

These trap EAs are characterized by their weakness in falling markets, but this EA has remained profitable in backtests since 2009.

The EA was able to achieve excellent results in long-term back-testing by entering at ingenious entry points so as to overcome the weaknesses of trap-based EAs.

In 2008, the Lehman Shock caused AUD/JPY to drop nearly 50 yen over a three-month period. Unfortunately, the back test for that period resulted in a loss cut, but we have confirmed that the EA has been stably accumulating profits in the other years. (Although it was possible to create an EA with a Lehman Shock-level crash in mind, it is better to create an EA with a low probability of occurrence in the next few decades than to create an EA with a low probability of occurrence in the next few decades.Focusing on performance for the entire year and to secure overall profits). In additionSwap points are also added to the profit to make the market a positive sum. We are convinced that the EA can be used universally by adding swap points to the profit and making the market rate positive-sum. Although you cannot expect flashy profits in the short term, you can expect stable earnings by using it for a long period of time as if it were a deposit account. It is also possible to use it in combination with other EAs. When we created this EA, we were most conscious of the maximum drawdown value. We believe that this is as important as the net profit in a no-loss EA. Since the back test is a system in which the accumulated profit is allocated to the margin, even if the EA seems to be performing well on the back test, it may immediately cut the loss depending on the timing when the EA is operated. We have succeeded in minimizing the drawdown value, which is the highest priority issue for EAs that do not cut losses, and have kept the maximum drawdown value below the initial margin.

We believe that by keeping drawdown values low, users can continue to run the EA with peace of mind, which leads to high reproducibility of backtests.

In the forward test, the starting amount is 1 million yen, but it is designed so that traders can start with as little as 100,000 yen. We hope that dual-income traders who want to earn steadily will give this EA a try.

The back-test results take into account the +98 yen per day swap point per 10,000 currencies.

SP30 1 million

SP30 100,000 yen

Compounding (with RISK = 8.0 PROFIT = 0.16)

TDS 1 million yen

TDS 100,000 yen

In 15 years,

100,000 yen →4.82 million yen

1,000,000 yen →65,810,000 yen The amount of profit was increased from 1,000,000 yen to 6,581,000 yen. (For compounding, we recommend that the profit be 1/50th of the RISK value.)

About Parameters

Comments

Comment to be displayed at the time of position entry. Can be changed

Initial lot

This is the number of lots used when compounding (MM) is false.

Fixed Profit

This is the minimum profit amount to take interest. For a yen account, 2000 is 2000 yen, and for a dollar account, 2000 is 2000 dollars. The initial value is set based on the yen account, so please change the value when using the dollar account.

The value is for the total profit of this EA's position. Please note that profits and losses from other EAs and discretionary positions will not be added (subtracted).

In addition, the profit will not be taken immediately upon reaching the set amount. Profit will be taken when the profit is more than the set amount and the conditions for taking profit are met.

Compounding (MM)

True to change to compounding.

Risk

This is the number that determines the number of lots for compounding. It is determined by the value of the account balance: if the account balance is 1 million yen and the Risk is 1.0, the number of lots is 0.01.

Minimum lot size for one position

The minimum lot size for one position when compounding, which is rewritten to the minimum lot size when the calculated Risk value is less than the minimum lot size.

Maximum lot size per position

The maximum lot size for a single position when compounding, which is rewritten to the maximum lot size when the calculated Risk value exceeds the maximum lot size.

Magic Number

Magic Number. Please set it to a number that does not cover other EAs.

Maximum positions held

Default value 8 No position will be held above this number.

Minimum Nanpin Width

Default value 6 Entry is made when the price range from the previous entry price is greater than or equal to the set value and the entry conditions are met.

Maximum allowable spread

If the spread is greater than the set value, no entry will be made.

Slippage

The maximum allowable slippage for entry. If slippage exceeds the set value, no entry will be made. 12Points = 1.2Pips

Settlement Slippage

This is the maximum allowable slippage for settlement. No entry will be made if slippage exceeds the set value. 24Points = 2.4Pips

Interval after entry

Once entered, there will be a 5-minute waiting period per entry.

No entry for an hour early in the morning.

Changing to true will forgo the early morning hours when spreads are large.

Close all positions in this EA at -X% of account balance

This is a defensive function of the account. For example, if an account has a balance of 1,000,000 yen and the set value is set to 50, all positions in this EA will be closed immediately at an unrealized loss of 500,000 yen. Slippage is not applied. The opening price is not used, but tick units are used. 100 is effectively off.

When the set loss-cut limit is reached, the EA will be stopped.

If the setting is True when the defensive function is activated, the EA is stopped.