AI USDJPY
- 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...
Notes
USD/JPY,1Hour chartAIprediction-basedEAso
it does not perform well with other currency pairs or time frames.
This EA is specialized for trading USD/JPY on the1hour chart.EA.
Features
・Strong in predicting range breaks.
・However, it cannot cope with movements that ignore previous candlesticks, such as employment statistics, so it is recommended to use it when there are no major indicators.
・The USD/JPY tends to gradually rise in an uptrend, so it is quite accurate with long positions.
・Conversely, downtrends often drop suddenly due to interventions, making trend prediction difficult, so it is not recommended.
There are various indicators, but no one taught us when to trade based on their values.
I also experimented through trial and error, but now it is the age ofAI.
The above was predicted usingAI.
It accurately predicts the timing of long and short positions and trades accordingly.
First, I will share the logic behind it.
Below, the horizontal axis shows the predicted rise, and the vertical axis shows the actual rise after5days.
Both units are in yen.
Each dot represents the prediction result for one piece of data. The more dots plotted along the diagonal, the smaller the error.
The data is the prediction result of2012to2024in1hour intervals byAI.
The prediction accuracy above is expressed numerically as follows.
The coefficient of determination0.954is phenomenal. (1is a perfect correlation)
The above results are achieved using multiple indicators and multiple indicator parameters
and are used for this decision.
Although the specific details cannot be disclosed
the contribution of each indicator and its parameters
is calculated as follows usingAI.
To give you a feel, here is one example.
The famousStandard Deviation(standard deviation).
【General Explanation】
Standard deviation measures market volatility.
This indicator shows the magnitude of price changes around the moving average line.
Therefore, when the value of the indicator increases,
market volatility also expands, and prices fluctuate around the moving average.
volatility also decreases, and prices approach the moving average line.
The point of the above explanation is thatStandard
Deviationalone
cannot tell whether it is an uptrend or downtrend.
However,AIprediction shows that this is not the case.
The result of how the value ofStandard Deviationcalculated with certain parameters contributes to the rise after
5days.
The orange1indicates that when the value is between1.75and3.62, it predicts that the value will decrease after5days.
This is anAIprediction without considering the trend of rise or fall.
By combining the above predictions with another indicator for upward and downward trends,
I created an indicator, and it alone allowed me to create a highly accurateEA.
This EA uses combinations of effective patterns from the above examples to determine buy and sell timing.
9combinations are used to make buy/sell predictions and entries.
Subsequently, additional buy/sell orders are made at fixed intervals.
Supplementary information is displayed on the screen, showing which way the current buy/sell prediction is leaning.
The supplementary information is divided into three lines: 【00
means no trend,1means buy, and -1means sell. The rightmost value represents the overall trend judgment.
In this example,3candles show -2indicating a strong sell trend.
EAentry conditions are as follows:
Buy entry conditions
Supplementary information 【02
02
01
Opposite of buy conditions.
Supplementary information 【02
02
01
Orders are made based on the margin maintenance rate set in the parameters.
This is the entry strategy.
Next, I will explain the parameters for entry.
It is recommended to use the default values.
Order intervals and order condition maintenance rate. The default value is0.1. For example, after taking a buy position,0.1yen rise triggers the next buy entry. Another0.1yen rise triggers an additional buy entry. However, if the order condition maintenance rate falls below the set rate, additional entries are not made.
Enable/disable additional orders, maximum number of positions/maximum number of positions can be specified.Enabling/disabling additional orders/and specifying the maximum number of positions can be controlled.
Maximum lot size1per entry.
However, as the initial entry is made up to the order condition maintenance rate, it is not necessary to change this sensitively.
true:Enable buy orders,true:enable sell ordersSet this if you want only buy, only sell, or both. Long-term USD/JPY tends to be an uptrend, so 1per entry.It is recommended to operate with buy only or both buy and sell.Sell only can also be profitable but is not recommended.
Next, I will explain the settlement conditions.
Even if entries are predicted byAI, there are unexpected price movements, so stop-loss conditions are properly set.
Settlement conditions are analyzed usingAIbased on backtest results. Below is the accuracy of theAIanalysis results.
In the backtest results, some parameter settings achieved a maximum profit of over200million, but this is likely coincidental and not reproducible, so
The initial values in the red frame above are set to approximately 50 million yen profits. Below are the contributions of the settings to profit; adjust your settings accordingly.
Set values that contribute to an increase.
・Stop-loss value for buy positions (unit: yen)
Stop-loss setting for buy positions.
For example, if you take a buy position at150yen and this setting value is1,1yen decline will trigger a stop-loss.Below is the contribution of this setting value to profit;1~5values contribute positively to profit. Set it according to your preference within this range.
Set values that contribute to an increase.
・Stop-loss value for sell positions (unit: yen)
Stop-loss setting for sell positions.
For example, if you take a sell position at150yen and this setting value is1,1yen rise will trigger a stop-loss.
Below is the contribution of this setting value to profit;1~3values contribute positively to profit. Set it according to your preference within this range.
Set values that contribute to an increase.
・Buy positionTrailstart rate, sell positionTrailstart rate
A trailing stop is used for settlement. The condition is set based on the percentage of profit relative to the account balance.
For example, if the account balance is1,000,000yen, and the setting value is0.1,1,000,000*0.1=100,000yen profit will start the trailing stop.100,000yen profit will start the trailing stop.
Below is the contribution of the buy
The coupon will expire in 4 days.
Price: $244.45 (taxed)
¥39,000(taxed)
●Payment
Sales from : 07/16/2024 04:30
Price: $244.45 (taxed)
¥39,000(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
