PinBar_MomentumTrader_USDJPY_5M
- Whole period
- 2 years
- 1 year
- 6 months
- 3 months
- 1 month
Real Performance
※Displays results including swaps and fees
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...
📌I will write honestly first.
This EA is not the type that promises “always win every month” or “zero losing months.”
Markets have cycles, and no EA is perfect in all phases. That’s why I premise“a design and usage that does not rely on monthly wins or losses”.
🔄 First half of 2025: a style aimed at profit via frequency
In the first half of 2025, this EA was designed to capture profit opportunities through a high number of trades.
✅ When it grows, it really grows
⚠️ However, the more trades, the more scenes where the edge is thin tend to mix in
With this state, monthly swings are likely to occur, and it can be stressful for the operator.
🚀 May Update: Shift toward “quality over quantity”
HenceUpgraded in May, and the policy was clearly changed.
🔥 The direction is simple.
Rather than “increase winning moments,” first avoid entering losing moments
In other words, instead of blindly increasing the number of trades,
🎯refined approach that targets only high-edge environments
📈 Monthly trend: a stacking month has appeared
After the update, there have been months where gains accumulate month by month.
✅ May+478,680 JPY
✅ October+223,950 JPY
✅ December+195,640 JPY
Of course, depending on the market, there are months with losses.
⚠️ There can be months with losses like November.
However, the important thing here is👇
📌It is not about whether there is a losing month, but whether over the long term it is on a path to accumulate profit
This EA aims for long-term accumulation rather than short-term flashy gains,by accepting market swings and building overall gains
🧑💼 Who it suits / who it does not
✅ Suited
💤 I want to run it passively without manual intervention
🎯 I like EAs that target only “high-edge environments” rather than just increasing trades
🌊 I want to accept market waves (losing months) and accumulate long-term gains
💴 I want to maintain lot management and aim for stable operation
⚠️ Not suited
❌ I want to win every month (cannot tolerate losing months)
❌ I want high-frequency trading all the time (every day activity)
❌ I aim for explosive short-term profits (high risk)
🔥 Before increasing winning opportunities, avoid entering losing environments
The core of this EA is simple.
✨ Rather than “increase winning chances,” first“eliminate situations where losses are likely”.
Therefore, instead of blindly increasing frequency,
🎯 **A selective approach that only targets high-edge environments** is emphasized.
📌 Logic thinking
Candlesticks can show long wicks on the top, indicating a big move about to happen that failed.
This is a typical sign of a potential reversal, representing an indication of a turning point.
PinBar_MomentumTrader automatically detects this“wick reversal signal (PinBar)”.
However, just because a PinBar appears does not guarantee a reversal.
In reality, deception (cases where it does not reverse) is common.
Therefore this EA does not mechanically enter solely on a PinBar, but
✅enters only when multiple filters are corroborated.
- 📈Moving average: does not contradict the major trend
- 💪ADX: whether there is momentum or a choppy range
- 🧩 Other filters: judgments to avoid unfavorable times or conditions (details not disclosed)
Only when these corroborating conditions align,
🎯 enter as a high-edge environment
In other words, the aim of this EA is not to enter many times, but to
🔥 “select only when the reversal pattern appears and favorable conditions align”
Hence, on days when conditions do not align, trades may be skipped, but
that is not about slacking off; it is designed to reduce wasted trades.
📌 About compounding function
📌Conditions: USDJPY (M5) / 2014/01/02〜2025/04/29 (about 11 years) / all ticks / modeling quality99.90%／Spread15／Initial1,000,000
💰Profit+7,907,300（Total gross21,677,200− Total loss-13,769,900）
📈Edge：PF1.57／ Expectancy+7,028.71
🔁Trades：Total1,125／✅Wins872 (77.51%)／❌Losses253 (22.49%)
⚖️Buy/Sell breakdown：📉Sell563 (win rate 75.84%)／📈Buy562 (win rate 79.18%)
🛡️Risk：Max DD508,220 (7.74%)／Relative DD17.77% (266,610)／Absolute DD38,130
🧾Loss/profit characteristics：Average win+24,859、Average loss-54,426
🏆Max win：+135,100／💥Max loss：-203,830
🔥Max consecutive wins：19 (+532,370)／🥶Max consecutive losses：4 (-164,650)
📌Conditions：USDJPY（M5）／2014/01/02〜2025/04/29（約11年）／全ティック／モデリング品質99.90%／スプレッド15／初期1,000,000
⚙️Parameters：MagicNumber=485／Lots=1／MaxSpread=3／isUseMM=true／MM_Risk=2
💰：Net profit+1,106,598.70（Total gross3,101,916.10− Total loss-1,995,317.40）
📈Edge：PF1.55／ Expectancy+983.64
🔁Trades：Total1,125／✅Wins872 (77.51%)／❌Losses253 (22.49%)
⚖️Buy/Sell breakdown：📉Sell563 (win rate 75.84%)／📈Buy562 (win rate 79.18%)
🛡️Risk：Max DD96,673.20 (4.58%)／Relative DD4.83% (81,315.20)／Absolute DD3,537.00
🧾Loss/profit characteristics：Average win+3,557.24、Average loss-7,886.63
🏆Max win：+21,024.00／💥Max loss：-38,789.10
🔥Max consecutive wins：19 (+58,650.70)／🥶Max consecutive losses：4 (-149,021.80)
📈Maximum gain from consecutive wins (count)：124,966.70 (15)Maximum loss from consecutive losses (count)：-38,793.60 (2)
📌📌📌ConditionsConditionsConditions：USDJPY（M5）／2014/01/02〜2025/04/29（約11年）／全ティック／モデリング品質：USDJPY（M5）／2014/01/02〜2025/04/29（約11年）／全ティック／モデリング品質：USDJPY（M5）／2014/01/02〜2025/04/29（約11年）／全ティック／モデリング品質99.90%99.90%99.90%／スプレッド／スプレッド／スプレッド151515／初期／初期／初期1,000,0001,000,0001,000,000
⚙️⚙️⚙️ParametersParametersParameters：MagicNumber=485／Lots=1／MaxSpread=3／isUseMM=true／：MagicNumber=485／Lots=1／MaxSpread=3／isUseMM=true／：MagicNumber=485／Lots=1／MaxSpread=3／isUseMM=true／MM_Risk=5MM_Risk=5MM_Risk=5
💰💰💰：Net profit：Net profit：Net profit+5,583,011.00+5,583,011.00+5,583,011.00（Total gross（Total gross（Total gross15,801,861.8015,801,861.8015,801,861.80− Total loss− Total loss− Total loss-10,218,850.80-10,218,850.80-10,218,850.80）））
📈📈📈EdgeEdgeEdge：PF：PF：PF1.551.551.55／ Expectancy／ Expectancy／ Expectancy+4,962.68+4,962.68+4,962.68
🔁🔁🔁TradesTradesTrades：Total：Total：Total1,1251,1251,125／✅Wins／✅Wins872 (77.51%)872 (77.51%)872 (77.51%)／❌Losses／❌Losses／❌Losses253 (22.49%)253 (22.49%)253 (22.49%)
⚖️⚖️⚖️Buy/Sell breakdownBuy/Sell breakdownBuy/Sell breakdown：📉Sell：📉Sell：📉Sell563 (win rate 75.84%)563 (win rate 75.84%)563 (win rate 75.84%)／📈Buy／📈Buy／📈Buy562 (win rate 79.18%)562 (win rate 79.18%)562 (win rate 79.18%)
🛡️🛡️🛡️RiskRiskRisk：Max DD：Max DD：Max DD752,548.80 (11.41%)752,548.80 (11.41%)96,673.20 (4.58%)／Relative DD／Relative DD／Relative DD12.41% (466,983.80)12.41% (466,983.80)4.83% (81,315.20)／Absolute DD／Absolute DD／Absolute DD9,256.509,256.503,537.00
🧾🧾🧾Loss/profit characteristicsLoss/profit characteristicsLoss/profit characteristics：Average win：Average win：Average win+18,121.40+18,121.40+3,557.24、Average loss、Average loss、Average loss-40,390.71-40,390.71-7,886.63
🏆🏆🏆Max winMax winMax win：：：+120,888.00+120,888.00+21,024.00／💥／💥／💥Max lossMax lossMax loss：：-301,317.20-301,317.20-38,789.10
🔥🔥🔥Max consecutive winsMax consecutive winsMax consecutive wins：：：19 (+199,995.60)19 (+199,995.60)19（+199,995.60）／🥶／🥶／🥶Max consecutive lossesMax consecutive lossesMax consecutive losses：：：4 (-149,021.80)4 (-149,021.80)4（-149,021.80）
📈📈📈Maximum gain from consecutive wins (count)Maximum gain from consecutive wins (count)Maximum gain from consecutive wins (count)：：784,054.70 (15)124,966.70 (15)784,054.70 (15)／📉／📉／📉Maximum loss from consecutive losses (count)Maximum loss from consecutive losses (count)Maximum loss from consecutive losses (count)：：：-301,317.20 (1)-38,793.60 (2)-301,317.20 (1)
| MagicNumber | Magic number. Please enter a value that does not conflict with other EAs | 485 |
| Lots | Lot size | 1.0 |
| Maximum spread tolerated for trading | If the spread exceeds this, trading is avoided | 3.0 |
| Use compounding or not | Decide whether to use compounding or not | false |
| Set loss to 2% of margin | Decide what percentage of margin to use for stop loss | 2.0 |
⚠️ Zero losing months is not targeted. Therefore, operating rules are important.
⚙️ Recommended settings / cautions
💹 Currency pair: USDJPY
⏱️ Timeframe: M5
📌 Lot: start low (don’t overextend relative to margin)
⚠️ Note: some brokers with minimum lot 0.1 may cause lot calculations to deviate from expectations
🖥️ VPS recommended: for 24-hour operation for stable deployment
📌 Not a guarantee of profits
Backtest/forward test results for this EA do not guarantee future profits.FX trading involves high risk, and capital may be at risk.
There is a possibility of losses including loss of principal.
⚙️ About compounding (2% thinking)
Compounding is not a function that guarantees stopping out at exactly 2% each time.
When a stop loss triggers at Max SL, the loss should be within roughly 2% of the margin (default setting),
by automatically adjusting the position size (lot).
⚠️ However, rapid market moves, gaps, slippage, etc. may cause
the stop loss not to function as expected, leading to losses exceeding 2%.
🌐 Variations in results due to environment
🏦 Broker and account conditions
📉 Spreads / execution / slippage / trading restrictions
🖥️ VPS environment / communication / rate distribution
🛠️ About issues and malfunctions
This EA is checked to minimize bugs, but in the event of a malfunction or unexpected loss, no compensation is provided.
We cannot compensate for losses caused by unexpected behavior.
✅ Final confirmation
Use of this EA is at your own risk.Please understand and accept the above conditions.
Thank you for reading and please use with understanding.
The coupon expires today.
Price: $185.26 (taxed)
￥30,000(taxed)
●Payment
Sales from : 09/03/2024 23:55
Price: $185.26 (taxed)
￥30,000(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