OKM-Grid
- 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...
【Overview】
- Stable-type grid EA making use of market pullback and rebound characteristics
- Low drawdown (maximum drawdown over 13 years: 110,998 yen)
- Equipped with negative swap reduction feature!
- No currency pair restrictions
- With information display panel
- With spread filter
- Emergency stop function
We conduct grid trading for AUDCAD, a currency pair with high regression tendency, leveraging market pullbacks and rebounds.
By entering after identifying overextended market moves, the backtest over more than 13 years shows a maximum drawdown of 110,998 yen (initial lot 0.01), making it an exceptionally low-drawdown EA.
A highly versatile marching grid system designed to minimize drawdown to the extreme and operate steadily by leveraging time.
With spread filter and a feature to avoid negative swaps that extends position holding periods, it prevents entries in unfavorable market conditions, increases turnover, and reduces drawdown.
There are no currency pair restrictions, so operators can add other pairs such as EURGBP or USDCAD according to preference, or tailor aggressive short-term settings for risk-seeking traders, enabling a wide range of operations to suit preferences.
【Backtest Analysis】
Currency pair: AUDCAD, Spread = 30 points, 0.01 lot test results
- Period: 2012-2024/10
- PF: 1.78
- Total profit: 566,238.37 yen
- Initial margin: 1,000,000 yen
- Max DD: 110,997.61 yen
- Number of trades: 4,179
【Quantalyzer Analysis Result】
From 2012 to 2024/02, for over 13 years, it has steadily generated profits.
【Parameter Explanation】
lots_size: Lot size when compounding is disabled. AutoMM: Whether compounding is enabled. RiskPercent: Compounding coefficient. If enabling, please conduct a backtest before production. comment: Comment displayed on orders. magic: Magic number. GridTakeProfitPips: Take profit value for the grid (pips). GridStopLosstPips: Stop loss value for the grid (pips). GridIntervalPips: Grid position interval (pips). EnableATRGridInterval: Whether to dynamically adjust grid intervals using ATR. ATRPeriod: ATR calculation period. ATRMultiplier: ATR grid interval multiplier. ATRGridIntervalMinPips: Minimum grid interval (pips) when using ATR. ATRGridIntervalMaxPips: Maximum grid interval (pips) when using ATR. MaxSpreadPips: Spread filter threshold. If spread exceeds this value, no new orders are placed. MathPowBaseValue: Martingale multiplier when number of positions is less than PosiNumForMathPowBaseValue2. PosiNumForMathPowBaseValue2: Number of positions at which Martingale multiplier switches to MathPowBaseValue2. MathPowBaseValue2: Martingale multiplier when number of positions is greater than or equal to PosiNumForMathPowBaseValue2. MaxPositionNum: Maximum number of positions. Will not add positions beyond this threshold. BreakEvenLevel: Number of positions at which Break Even is executed. If the number of positions exceeds this threshold, take profit value changes to BreakEvenPips. BreakEvenPips: Take profit value (pips) when Break Even is executed. EableMFIForNanpin: Whether to use MFI to determine entries for averaging down (additional positions). MFITimeframe: Timeframe used for MFI calculation. MFIPeriod: Period for MFI calculation. MFIoversoldLevel: MFI oversold (buy too much) level. MFIoverboughtLevel: MFI overbought (sell too much) level. MFIentryThreshold: MFI entry threshold. DynamicentryThresholdTimeframe: Timeframe used for MFI calculation. EnableForceStopAccountLoss: Whether to force close all positions when unrealized loss exceeds threshold. UsePercentForStopLossCalc: Whether to compute forced liquidation as a percentage of balance; if disabled, use unrealized loss amount. ForceStopAccountLossPercent: Unrealized loss threshold for full liquidation when using percentage. ForceStopAccountLossYen: Unrealized loss threshold for full liquidation when using yen. AllowBuy: Whether to allow buy entries. AllowSell: Whether to allow sell entries. StopNewEntry: When all positions are closed, whether to stop new entries. UseMarketOrder: Whether to use market orders for take profit. If disabled, use limit orders. AvoidWednesdaySwap: Whether to avoid positions on Wednesdays when swap points are high. RolloverRestrictionHours: Rollover restriction time to avoid swap points; refrain from entries before this time. RolloverRestrictionWednesdayOnly: Whether to apply rollover restriction only on Wednesdays; if disabled, restrict on other days too. AlwaysEntryMode: Whether to enable perpetual entry mode; if enabled, will enter new positions when there are none.
EnableADXTrendFilter: Whether to restrict entries based on trend using ADX. ADXTimeFrame: Timeframe used for ADX calculation. ADXperiod: ADX calculation period. ADXthreshold: ADX threshold. If this value is exceeded, it is treated as a trending market and entries are restricted.
【Notes】
• Designed with spread stress in live environments in mind; to ensure full functionality for AUDCAD, please ensure spreads do not exceed 3.0 pips.
【Disclaimer】All verification results are based on historical data and do not guarantee future profits. The developers cannot be held responsible for any losses or related events arising from using this software. By starting to use the software, the user agrees to operate at their own risk.
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Thank you for reading to the end. We sincerely appreciate your interest in this EA. For those looking to further enhance stability and diversification of operations, please also consider the following EAs and tools. Combined, they allow for a more robust portfolio. ■ PowerOfBun series (Anomaly EA based on statistical data) -USDJPY version: A classic dollar-yen logic aiming for steady profits -EURJPY version: Diversified operation leveraging unique euro-yen behavior -GBPJPY version: High-expected-profit model focused on volatility ■Fox-BreakoutA fast breakout EA that targets only the moment market moves. Accurately captures range breaks and the initial momentum with high precision. ■OKM-GridLong-term stable grid system that targets pullbacks and rebounds. Numerous open parameters adapt to changing market conditions, enabling optimal risk control. ■BC-GridA plain, cash-generating grid system with a four-band structure. A standard model for stable operation. ■EA Monitoring & Notification Tool
Daily profit and account balance are automatically notified. Manage multiple EAs’ operation status smartly in one place. ■Market Volatility Monitoring ToolInstant LINE notification when the market moves significantly. Quickly awareness of unexpected volatility risks during EA operation.
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The coupon will expire in 4 days.
Price: $153.33 (taxed)
￥24,800(taxed)
●Payment
Sales from : 06/06/2024 21:56
Price: $153.33 (taxed)
￥24,800(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