Code = Gray Trick Repeat

I want to leave the EA as much as possible

Code＝Gray performs entries based on recent high and low prices, so you need to be wary of economic indicatorsthat cause rate fluctuations.

However, if you have to be in front of the chart because of indicators while the EA is running,"It's no different from discretionary trading"you might feel.

Taking this into account, we have added restrictions to the logic to enable the EA to run as unattended as possible, eliminating the need to manually stop it.

Since I am also a discretionary trader myself,"The essence of EA is that there is no discretion involved, such as stopping operations for indicators or year-end and New Year holidays."This is what I believe.

Therefore, the EA is designed to operate unattended after activation.

Multi-currency EA for various currencies that users will love!

Code＝Gray optimizes parameters and grid width for the recommended currency pair AUDCAD, but it can actually be used for other currencies as well.

It has cleared 18 years of backtesting without failure for currencies like AUDNZD and EUDGBP, which are said to easily form ranges, as well as USDJPY and USDCAD.

The figure below shows the results of backtesting without changing parameters. By changing open parameters and optimizing each currency through backtesting, you can further reduce risk.

Since the maximum DD is larger compared to AUDCAD, be sure to perform backtesting and confirm the maximum DD when using other currency pairs

It is not suitable for currency pairs with strong trends (such as GBPJPY, GBPUSD, EURJPY, EURUSD), so please select currency pairs by referring to the chart below

Grid trading triggered by logic

Code＝Gray performs grid trading triggered by internal logic entries.

Since the first entry is made in advantageous situations, the first position often reaches TP,

but if the price moves in the opposite direction after entry, positions are accumulated at regular intervals.

When the price returns,"All positions held in the same direction are closed for profit when the total acquired pips reach the specified value"and the trade is completed.

Unlike normal grid EAs, you do not determine the grid width yourself; it is automatically judged by internal logic.

Position recovery with Martingale

The weakness of grid trading is that if the price does not bounce back within the grid range, you may incur significant losses.

Therefore, Code＝Gray simultaneously controls grid trading with Martingale to close all positions when the total profit/loss reaches the specified pips.

This compensates for losses beyond the grid range with Martingale, reducing losses for the total positions.

"A feature to prepare for new opportunities without keeping positions until the price returns to the initial position".

Advantage of the initial position

Code＝Gray seeks thorough advantage for initial position entries to extremely minimize losses.

Therefore,"There might be no entries for about two months if the conditions are not met".

As a grid EA, the number of entries is low, with an average of 120 trades per year (less than 10 per month), including grid and Martingale entries,

resulting in variability each year and month.

However, during the 18-year backtest period, there were no negative years or months, confirming stable capital growth.

Cleared 18 years of backtesting

One of the weaknesses of EAs is"If they can only win during specific periods".

In the market, there are methods that match the times, and creating EAs with specialized logic can explosively increase assets.

However, if the market movement changes, the EA may become useless.

Code＝Gray"Has cleared 18 years of long-term backtesting".

The 18 years include many financial shocks such as the Lehman Shock, Flash Crash, and COVID-19 Crash, achieving an upward trend without significant losses.

To confirm that it does not fail regardless of the start time, backtesting was conducted assuming operation from January of each year, all of which were cleared.

Aiming for over +1000% from a starting capital of 100,000 yen with a Martingale EA?!

A major drawback of EAs using Martingale is the large maximum drawdown.

In backtests, drawdown periods occur after capital accumulation, leading to a paradox where the loss amount exceeds the initial capital but does not result in failure.

If the maximum drawdown occurs at the beginning of operation,"The EA will collapse in an instant".

Code＝Gray has tested various aspects, seeking lower initial capital over total profit amount.

It achieved faster capital accumulation than single-position EAs by performing Martingale with controlled initial capital.

Backtests show a profit of 1.13 million yen from a 100,000 yen start over 18 years = OVER 1000%.

Accelerate capital efficiency with compound interest as funds increase!

When running an EA, one concern is setting the lot size. Especially beginners may worry about when and how much to increase the lot as the capital starts to grow.

Therefore, Code＝Gray includes a compound interest feature. This feature assumes that EA operation does not fail and limits the usable capital to 1%-3% of the margin.

The following is the backtest result when operating at 3%, for your reference.

(Please note the minimum lot restriction of your broker when using the compound interest feature. For example, if the minimum lot is 0.01 lot = 1,000 units, the minimum required margin is 1 million yen)

About pricing

Although efforts have been made to minimize the risk of collapse at the development stage, it cannot be denied that the risk of collapse during future operations is higher compared to single-position EAs due to the nature of Martingale EAs that generate large profits in a short period.

Therefore, the price is kept reasonable considering the time and effort involved in development.

About parameters

Explanation of the parameters that can be set.

Set the magic number. Please set it to avoid conflicts with other EAs.

Enter the lot size if you do not use the compound interest feature. (Recommended margin is 200,000 yen for 0.01 lot = 1,000 units, 5,000 yen for 0.01 lot = 10 units)

Set the TP for the initial position. Since entries are made in advantageous spots, TP width for single-position profit-taking is often determined here.

Set the total acquired pips for closing positions when Martingale is performed. Note that it differs from the actual acquired pips as the increased lot size is converted to pips during Martingale.

Set the maximum pips for stop loss. If the total sum of the held positions exceeds this setting value, stop loss is performed, so setting it too narrow will lose the advantage of Martingale.

Choose whether to use the compound interest feature.If 1% of the margin is less than 0.01 lots, please use "false".

Set the risk tolerance rate against the margin when using compound interest operation. Select a range from 1% to 3%. A higher risk tolerance rate cannot be set.

Set the width (pips) for Martingale.

Choose whether to use Martingale during averaging down. If Martingale is not performed, the number of positions will increase and the original performance of the EA cannot be demonstrated, so please be careful.

You can change the ATR value used for entry restrictions.

Initial parameters are optimized for long-term operation.

Please ensure to confirm with backtests, etc., before using if you change the values.

Notes

This EA does not guarantee profits. Please be aware that losses exceeding past test results may occur depending on future market conditions.

Backtests are performed with a fixed spread of 1.5 pips. Performance may significantly worsen with spreads above this.

Settings other than the disclosed parameters cannot be changed as they may significantly deteriorate EA performance. Please use it with understanding when using.