MT_Long_USDJPY_M5

【Forward Information】As of the end of July 2024, we have been holding forward, and as of October 18, 2024, it is performing very well. For those who want to know more, please check the following link.Self-made EA_Domestic Account - Mr. Yoritugu MT4 (real-trade.tech) 

【EA Description:An EA that aims for profits with long entries only, even in a rising yen, with a backtest showing a consistently upward trend and enjoying positive swaps!】

・This EA is dedicated to USDJPY with long-only entries. Therefore, it is desirable to use an account with favorable swap points.

・Referencing various timeframes and entering at high frequency (about 4,000 times over ~20 years) with four logics, designed to capture long profits in any market.

・Logic 1 operates on the 5-minute chart, Logic 2 on the 15-minute chart, Logic 3 on the 30-minute chart, and Logic 4 on the 1-hour chart’s opening price.

・Since each logic holds a maximum of one position, the whole EA can hold up to four positions at most.

However, to minimize drawdown overlap between logics, the design aims to keep interlogic correlation as low as possible.

Also, the maximum number of positions that can be held simultaneously can be changed by settings. If you want to reduce risk and margin, set the maximum positions to 1; if you want to maximize recovery factor and improve trading efficiency, set the maximum positions to 4, allowing operation tailored to the customer’s situation.

・As the U.S.-Japan interest rate differential narrows, yen appreciation is expected in the future.

This EA uses long entries only, but the backtest itself covers the period from 2005 to the present, and although the yen appreciated from around 110 to around 70 after the 2008 Lehman Shock to around 2011, the backtest still shows a rising trend.

Therefore, even if yen appreciation occurs going forward, swaps can still be positive, and a rising equity curve is highly possible.

【Combined Logic 1–4】20050102–20250321 at 0.1 lot each

【Logic 1】20050102–20250321 0.1 lot 

【Logic 2】20050102–20250321 0.1 lot 

 【Logic 3】20050102–20250321 0.1 lot 

  【Logic 4】20050102–20250321 0.1 lot 

 

【Chart Description】In this EA, the total Pips earned for each magic number is displayed at the top right of the chart.Also, the currently held logic turns its text yellow, and the current Pips profit/loss is displayed on the chart as well. Note: to reduce calculation load, Pips profit/loss updates only after the opening price movement every 5 minutes.

【Parameter Description】

・Maximum number of positions held ‥‥ 1–4 can be set
・Acceptable Slippage ‥‥ ‥ ‥ Set allowable slippage in points

・Acceptable Spread ‥‥ ‥ ‥ Set acceptable spread in Pips ・Year-end entry restriction ‥‥ Set from which date in December to restrict entries ・New Year entry restriction ‥‥ Set up to which date in January to restrict entries 　　※ Entries are restricted, but settlements are not

・Chart update setting ‥‥ Toggle on/off (if backtests are slow, please turn off) ・Display of past〇 months history ‥ initial value 999 ・Chart update interval ‥ Updates the chart at the moment when 1-minute to 1-month candles update

・Compound interest (increasing margin unit) setting ‥‥ If Compound Interest On, for each margin-increasing unit, the lot size will be adjusted as set below. 　（Example）Margin 1,000,000, margin unit 50,000, set lot 0.01                ⇒ 1,000,000 / 50,000 × 0.01 = entry at 0.2 lots 　※ If the margin is less than one margin unit, the minimum lot is used for entry

・Lot ‥‥ ‥ ‥ Four logics require setting four separate lots. ・Magic Number ‥‥ Four logics require separate magic numbers. Ensure they do not overlap with other logics/EA.