Code=Purpul GBPJPY_H1

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

What is required when operating an EA is"to be able to operate it 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=Purple combines six different logics with varying formulas, all developed to pass long-term backtesting. Additionally, considering the significant price movements of the GBP/JPY, each EA is designed to be high-profit-oriented, and they are combined accordingly. Furthermore, the time frame for checking charts is set to one hour, and entries are designed to be made only at the opening price. The lot size is adjusted so that the maximum drawdown (DD) is kept below 10% against an initial capital of 1 million yen, allowing for unattended operation without being misled by the small price movements during short-term periods like economic indicators and year-end holidays.

Six logics analyze charts individually and perform entries and exits independently

Code=Purple has each logic analyze charts individually and perform entries and exits independently. Therefore, "there are situations where one logic results in a loss while another logic is generating profit". This enables operations with low risk while aiming for significant profits.Moreover, it can be confirmed that each calculation formula is different since one logic may enter at a point where another logic has resulted in a loss.

No negative years in 10 years of backtesting

One pitfall of EA backtesting is"the inclusion of negative years within long-term backtesting". Even in long-term backtesting, there may be one or two years where the profit and loss are negative. This is not a problem if you are considering long-term operations, but if that negative period occurs in the first year, you may start to question whether to continue using the EA. Code=Platinum has not had any negative years on an annual basis, even if there are negative months in its 10 years of backtesting. This indicates that it has consistently increased capital every year and suggests a high probability of making a profit from the first year of operation.

Win rate of about 50%, risk-reward ratio of 1.5:1, stable trading with over 450 trades per year

Code=Purple maintains a win rate of just under 50% while keeping the risk-reward ratio at 1.5:1, depicting a capital progression similar to discretionary trading while allowing for losses.

The fundamental principle of investing, which is to minimize losses and maximize profits, is essential even for an EA targeting trends, but the win rate can significantly drop in non-trending markets.

Even if you know that continuing operations long-term will lead to growth, it is human nature to struggle to accept that.

Code=Purple operates six relatively high win rate logics simultaneously, and by employing a certain technique using trailing stops,

"it realizes an EA where you can simultaneously feel an understandable win rate and increasing capital"

. By intentionally allowing for small profit exits, you can experience "less likely to lose and less likely to decrease."

Maximum DD is below 10% of capital over 10 years, yet returns are about 430%?!

If you start with a capital of 1 million yen, Code=Purple is designed to achieve a return of about 430% over 10 years, with a maximum drawdown of less than 100,000 yen.
As with any investment, risk must be accepted, but "an EA that is easier for users to use with as little risk as possible" is undoubtedly the case.
Moreover, to prevent the maximum drawdown, which is common in high-return EAs, from exceeding the initial capital, and to avoid account failure during the initial operation phase, it is designed to be usable even with capital less than 1 million yen.
That said, if you take too little risk and the return is low, it defeats the purpose, so adjustments have been made to achieve a return of about 430% over 10 years in backtesting.
However, as you can see from the lot sizes, most logics operate with low lots while still being able to expect a return of 430%.Feel the potential of Code=Purple.

Changing the lot size will increase returns, but it will also increase risk.
The lot distribution is set to achieve the maximum return with a risk of less than 100,000 yen in backtesting, so please be cautious if you decide to change it.

High recovery factor

One of the features of Code=Purple is its overwhelming recovery factor. The recovery factor refers to "the recovery ability (power) to return to normal after experiencing a drawdown." Every EA will inevitably experience a drawdown period. However, if the recovery factor is high, even after experiencing a drawdown, the speed of capital recovery is fast, reducing the anxiety that makes you want to stop operations. Code=Purple has a recovery factor of "44.46" over 10 years, and the average value over the past 10 years is "4.41"." It boasts overwhelming recovery power from significant drawdowns.

"All logics in normal operation" yield over 900% returns

All logics adopted in Code=Purple are designed to keep the maximum drawdown below 10% when operated with 1 million yen and 0.1 lots over a period of 10 years from August 2014 to the end of August 2024. This is to ensure that when operating as a single EA, losses do not become too large, adjusting the lots across all six logics to remain below 10% of the initial capital (most are set to 0.01 lots). However, all logics were originally created based on 0.1 lots and can operate individually as separate EAs. Therefore, if you revert all lots to 0.1 and operate all logics normally, the "return rate exceeds 900%."

The maximum drawdown is calculated to be 250,000 yen, which is more than 25% of the capital, but it is designed not to exceed the initial capital in drawdown calculations like martingale strategies. Those who can afford to allocate capital can take risks and aim for significant returns.Try out the true performance of Code=Purple.

About parameters

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

▀ 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 complementarity effect 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 complementarity effect 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 complementarity effect 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 complementarity effect 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 complementarity effect 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 complementarity effect between each logic.

⅛ The lot sizes indicated in the images are for reference only. The number of lots at the time of initial settings will be the number of lots in the backtesting results. Please adjust the lot sizes yourself before use and operate with settings that are easy to use.

Cautions

⅛ This EA does not guarantee profits. Please understand that there may be losses exceeding past tests depending on future market conditions.

⅛ Backtesting is conducted with a fixed spread of 3.0 pips. Performance may significantly worsen with spreads exceeding this.

⅛ Parameters other than the magic number and lot size may significantly deteriorate the EA's performance, so they are not changeable. Please understand this when using the EA.