Code=Blue EURJPY_H1

It's better not to have discretionary elements when operating an EA

What is required when operating an EA is"the ability to operate unattended". There are many situations in trading, such as economic indicators and year-end holidays, where you have to manually stop the EA, and many people may find even that bothersome. Code=Blue combines six different logics with varying formulas that have been developed to pass long-term backtesting. Not only are they combined, but adjustments are made so that when one logic struggles in certain situations, another logic can complement that trade and accumulate profits, thus"completing within a single EA without needing to create a portfolio." Additionally, by setting the time frame for checking charts to one hour and designing entries to occur only at the opening price, it has become possible to operate unattended without being misled by the fine price movements of short-term charts during economic indicators and year-end holidays. In other words, Code=Blue can be said to be an EA that can be introduced and operated on the chart without any further action.

Six logics analyze the chart individually and independently execute entries and exits

Code=Blue has each logic analyze the chart individually and independently execute from entry to exit. Therefore, "there are situations where one logic incurs a loss while another logic is generating profits." This allows for the possibility of operating with low risk while aiming for significant profits. Moreover, it can be confirmed that each logic has different formulas since one logic may incur a loss at a certain point while another logic executes an entry.

No negative years in 10 years of backtesting

One pitfall of EA backtesting is that"there may be negative years included in long-term backtesting." Even in long-term backtesting, there can be years within that period where the profit and loss are negative. If you are considering long-term operation, this is not an issue, but if that negative period occurs in the first year, it may raise doubts about continuing to use the EA. Code=Blue has not had any years with negative results over a 10-year backtest, even if there were negative months. This indicates a consistent ability to increase funds every year, suggesting a high likelihood of making profits from the first year of operation.

(The numbers in the image are in USD.)

Win rate of 48%, risk-reward ratio of 1.8:1, and over 350 trades per year with low risk!

Code=Blue maintains a risk-reward ratio of 1.8:1 while achieving a win rate of 48%, meaning nearly half of the trades lead to wins. A concern during EA operation is that when trying to achieve small losses and large profits, the number of trades may drastically decrease, or the win rate may drop to around 30%. This is unavoidable due to the nature of trading as an EA, but with Code=Blue, the simultaneous operation of six logics allows for"a stable operation both mentally and performance-wise by mixing high-win-rate logics with small-loss large-profit logics and logics with relatively high trade counts."

Maximum drawdown is below 10% of capital over 10 years, with returns exceeding approximately 280%!

If starting with a capital of 1 million yen, Code=Blue is designed to achieve a return of approximately 280% over 10 years, with a maximum drawdown of below 10%.
Since investing involves accepting risk,"an EA that is easier to use for users with as little risk as possible" is undoubtedly the case.
Additionally, to prevent the maximum drawdown, which is common in high-return EAs, from exceeding the initial capital and causing account failure during the early operational phase, it is designed to be usable even with capital less than 1 million yen.
That said, if the risk is too low and the return is low, it defeats the purpose, so maximum adjustments have been made, resulting in a backtested return of approximately 280% over 10 years.

Changing the lot size will increase returns but also increase risk.
The lot distribution is set to achieve maximum returns with a risk of less than 10% in backtesting, so please be cautious if making changes.

High recovery factor

One of the features of Code=Blue is its overwhelming recovery factor. The recovery factor refers to"the ability to recover back to the original state after experiencing a drawdown." Every EA will inevitably experience a drawdown period. However, if the recovery factor is high, even after a drawdown, the speed of capital recovery is fast, reducing the anxiety that may lead to wanting to stop operation.CoBlueBluehas a recovery factor of"29.55,"and the average value over the past 10 years is"2.86." This boasts an overwhelming ability to recover from drawdowns.

Reference performance when operating at full specifications

The six logics included in Code=Blue each have sufficient performance in 10 years of backtesting.
Therefore, I will provide the performance when all logics are operated with a lot size of 0.1 (the maximum value with a risk of less than 10% when operated individually with 1 million yen).
However, please note that operating at full specifications increases the risk of failure compared to operating at the recommended lot size.

About parameters

To ensure the complementarity between logics, the parameters that can be set are limited to the magic number and lot size only.

▀ Set the magic number for Logic 1. Please ensure it does not overlap with other EAs or logics without EAs.

▁ Set the lot size for Logic 1. The initial value is set to maximize the effect of complementarity between each logic.

▂ Set the magic number for Logic 2. Please ensure it does not overlap with other EAs or logics without EAs.

▃ Set the lot size for Logic 2. The initial value is set to maximize the effect of complementarity between each logic.

▄ Set the magic number for Logic 3. Please ensure it does not overlap with other EAs or logics without EAs.

▅ Set the lot size for Logic 3. The initial value is set to maximize the effect of complementarity between each logic.

▆ Set the magic number for Logic 4. Please ensure it does not overlap with other EAs or logics without EAs.

▇ Set the lot size for Logic 4. The initial value is set to maximize the effect of complementarity between each logic.

█ Set the magic number for Logic 5. Please ensure it does not overlap with other EAs or logics without EAs.

▉ Set the lot size for Logic 5. The initial value is set to maximize the effect of complementarity between each logic.

▊ Set the magic number for Logic 6. Please ensure it does not overlap with other EAs or logics without EAs.

▋ Set the lot size for Logic 6. The initial value is set to maximize the effect of complementarity between each logic.

Cautions

This EA does not guarantee profits. Please understand that there may be losses exceeding past tests depending on future market conditions.

Backtesting is conducted with a fixed spread of 2.5 pips. There is a risk that performance may significantly worsen with spreads exceeding this.

Parameters other than the magic number and lot size are set to be unchangeable as they may significantly deteriorate the performance of the EA. Please use it with this understanding.