AI single fishing EURJPY

AI

Single Fishing

EURJPY

 

1.        Overview

AIconducts market analysis, andAIdeveloped most of the source code for thisEA. It does not use martingale or grid strategies and only takes one position at a time. Targeting times of high market volatility, it aims to "single fish" profits from the vast sea of the market.EA.

Positions are taken only once per week for both buying and selling (a total of1 time). There are about2 trades per year.100trades annually.

 

However,8 years of backtesting(Auto Lots mode) shows a profit factor of1.79, recovery factor15.0, maximum drawdown20.60%, and win rate39.10%. Starting with an initial margin of100 million yen, net profit reached1 billion1087 million yen."Over one billion yenEA" has been achieved.

This is anEAthat traders would benefit from having.

Moreover, the "AI Single FishingEA" will be released as a series ofEAs, so please look forward to future releases. We also plan to release versions for bothMT4 andMT5.EA.

 

 

This is an image of fishing profits from the rough waves of the market usingAI.

 

2.        Market Analysis byAI
We usedLLM (Large Language Models) such asChatGPT 4. Initially, we fed1-minute candlestick data for10 years toChatGPT, but it froze due to the large amount of data. While it could read a few dozen rows and start the analysis, it repeatedly showed errors, making progress impossible.
Therefore, we reduced the data to2 years of1-hour data forAIanalysis.
The results are as follows.
Range of Price Fluctuations by Day of the Week
Within the week, Thursday had the highest price fluctuations, followed by Friday. Conversely, Monday had the smallest fluctuations.

Range of Price Fluctuations by Hour

The above graph shows three significant peaks. These correspond to the opening hours of the Tokyo, European, and New York markets, respectively, where trading activity increases and price fluctuations widen. (Using server timeGMT-3. For Japan time (GMT-9), add 6 hours.)
In Japan time, price fluctuations increase at the Tokyo market opening at 9 AM, the European market at 4 PM, and the New York market from 9 PM to 11 PM.

Finding the Optimal Time to Take and Hold Positions

We hadAI analyze the optimal day and hour to take positions and how long to hold them for maximum profit.
　BeforeAI, we manually input data intoExceland used pivot tables to find the optimal solution through trial and error.With

For example,AI quickly tells us that for a buy position, it's best to take the position on Monday at 4 AM and close it after 96 hours.

 

3.        Creating anEA from the Optimal Solution
Next, we haveAI create the source code for theEA.
However, this involved a lot of trial and error.AI, to put it bluntly, is "stupid." Without proper prompts, it makes significant mistakes.ChatGPT also regularly issues the following message:
"ChatGPT may make errors. Please verify important information."
Previously, whenChatGPT 3 was released, we tried generating source code forMT4, but it was entirely unusable as is. However, withChatGPT 4, improvements have been made daily, making it quite usable.

　AI generates code - error occursAI instructed to fix error

AI generates revised code - error occursAI instructed to revise error again

This process repeats endlessly, sometimes trapping you in a negative spiral loop.AI doesn't fully understand the logic; it just provides seemingly relevant answers from its language model. The prompter must correctly grasp and convey the logic toAI.

After much trial and error, theEA compilation errors were resolved, but running theEA sometimes resulted in unexpected behavior. Overall, creatingEAs withAI can significantly reduce labor, depending on its usage.

This"AI Single FishingEA" uses over90% of its source code generated byAI. The remaining10% was manually corrected.

 

4.        EA Settings Parameters

　[Enable Buy Trade]and[Enable Sell Trade] can be independently turned on/off. To conduct only buy trades, set[Enable Sell Trade] tofalse. If both buy and sell are set tofalse, no trades will be conducted.

[Enable Auto Lot]　Setting this totrue enables automatic lot sizing. For fixed lot trading, set this tofalse.false.

[Fixed Lot Size]If[Enable Auto Lot] is set tofalse, trades are conducted at the specified fixed lot size.

　[Maximum Loss Percentage]　 SL values and automatic lot calculations are based on this maximum loss percentage setting. (Default is1.8%)

　[Minimum Maintenance Margin Percentage]　SL values, if too small, may result in excessively large lot sizes during automatic lot calculation. Set the minimum maintenance margin percentage here.

Even for fixed lot trading, if the specified lot size is too large, the system automatically reduces the lot size to maintain the specified margin percentage.

　[SL/TP Enable]Setting for enabling stop loss and take profit. Usually set totrue.

　　[Buy Stop loss]Stop loss value for buy trades (point)

　　[Buy Take profit]Take profit value for buy trades (point)

　　[Sell Stop loss]Stop loss value for sell trades (point)

　　[Sell Take profit]Take profit value for sell trades (point)
[Enable Trailing Stop]Enables trailing stopon/off

[Profit Margin to Start Trailing]Trailing starts once the profit exceeds this value.(point)

[Trailing Width]Set the width of the trailing stop.(point)
For buy trades, setSL below the current rate; for sell trades, set it above the current rate.

[Trailing Increment]A newSL is set once the rate moves away by this increment. No trailing is done for smaller rate movements.

Setting the trailing increment to 0 may cause updates to occur for every tick.

　　[Enable Recent Win Rate Factor]　InAuto_Lots mode, enabling this adjusts the lot size based on the recent win rate. In fixed lot mode (Auto_Lots=false), this feature is disabled regardless of the setting.Auto_Lots=false), this feature is disabled regardless of the setting.

[Recent Win Rate Calculation Range]Specify the number of recent trades to be considered, ranging from 1 to20.

[Expected Average Win Rate]Specify the average win rate for long-term trading. If the short-term win rate is higher (or lower) than this rate, the lot size is adjusted accordingly.

[Multiplier Factor Based on Recent Win Rate]