Color your life
- Whole period
- 2 years
- 1 year
- 6 months
- 3 months
- 1 month
Profit
:
127,339JPYProfit Factor
:
1.06Rate of return risk
?
:
1.36Average Profit
:
941JPYAverage Loss
:
-4,566JPYBalance
?
:
1,127,339JPYRate of return (all periods) ?
:
50.59%Win Rate
:
83.67%
(2884/3447)
Maximum Position
?
:
1Maximum Drawdown
?
:
21.18%
(93,801JPY)
Maximum Profit
:
8,880JPYMaximum Loss
:
-9,920JPYRecommended Margin
?
:
251,686JPYUnrealized P/L
:
0JPYDeposit
?
:
1,000,000JPYCurrency
:
JPY- Account
Operable Brokers
Usable with MT4-adopting brokers.
Forward testing (Profit)
Product Statistics
Product Comments
Monthly Statistics
2026
2025
2024
2023
2022
- Jan
- Feb
- Mar
- Apr
- May
- Jun
- Jul
- Aug
- Sep
- Oct
- Nov
- Dec
Calendar for Months
About EA's Strategy
Translating...
Currency Pairs
[USD/JPY]
Trading Style
[Day Trading]
[Scalping]
Maximum Number Position
1
Maximum Lot
1
Chart Time Frame
M15
Maximum Stop Loss
90
Take Profit
100
Straddle Trading
No
Application Type
Metatrader Auto Trading
Other File Usages
No
Introduction to ▌EA
Color your life is an EA that enables trading based on the concept of "Simple Logic," "Low Risk," "Long Period," and "Stable Income," and focuses on analysis of the shape of candlesticks, which were invented in the Edo period, and looks at market habits, in other words, the psychological movements of investors. This is an EA that allows you to trade based on the market's habits, or in other words, the psychological movements of investors. We have verified the back-testing over a long period of time, and we have not seen any large drawdowns as well as steady and steady upward movement. Since the maximum position is "1", we do not use nanpin and martin logic, which are difficult to manage risk, and we use non-nanpin and non-martin logic. It is suitable for small margins and beginners. The compound interest function allows you to aim for large profits in compound interest mode. Due to a bug in an older version, the maximum number of positions held is 2 in the fx-on's forward tally table, but in the latest version, the maximum number of positions is 1. Please be assured.About ▌Strategy
Analyze the shape of the candlestick and enter at the "push" when you detect a strong trend. In addition to the 100 pips limit and 90 pips stop settings, the close is equipped with an AutoClose function that judges market conditions and closes the trade, allowing the trader to exit quickly and wisely when the market momentum turns. We place importance on minimizing losses as well as securing profits.About ▌Others
M15 for USDJPY only Support for both old and new versions of 4- and 5-digit MT4 Trading style is day trade (90%) and swing trade (10%). Weekend close and AutoClose functions will be added. Compound interest function will be included. The trading window visualizes whether there is a trend or not, so you can check it at any time.▌ On the greatness of compound interest management
The stability of the simple interest rate can be confirmed by the backtests listed on the website. Then, what happens in the case of compound interest? Please see the chart below.
Then, what happens after those 4 years? The profit was about 20 million from 100,000 in the same way.
Hats off to the greatness of compound interest, don't you think?
▌How to back-test
This is a video of a single win, but the method itself is the same.
The "Period_converter_ALL" is a tool for converting the data shown in the video. There are many websites that introduce the "Period_converter_ALL" tool for converting data. Please search for it on the Internet and obtain it yourself.
Setting of ▌ parameters
It's easy to set the parameters! The below is written at length, but in real life, most of the parameters will remain at their default settings. Please do not worry.
CYL_UseAutoTime (true) Set to true for real. Allows automatic GMT adjustment regardless of broker. Default trading hours are as follows Mar 01-Oct 31 Japan Standard Time Monday 8:00 am - Friday 8:00 pm Nov 01 - Feb 28 Japan time Monday 9:00 - Friday 21:00 CYL_OpenDay (1) ← For back testing Specify the day of the week when trading starts, 0=Sun 1=Mon 2=Tue 3=Wed 4=Thu 5=Fri 6=Sat CYL_OpenHour (2) ← For back testing Designation of trading start time CYL_Use_WeekClose_Function (true) ← Parameter for back testing Weekend position close function, true = use, false = do not use CYL_ExitDay (5) ← For back testing If weekend close function is used, specify the day of the week to close. CYL_ExitHour (14) ← For back testing When using the weekend close function, specify the close time. CYL_ExitMinute (1) ← For back testing When using the weekend close function, specify the close minute. In MT4, some time functions can only be used in real time and require time settings, so parameters for back testing are provided. You can leave the default settings and simply set CYLV2_UseAutoTime to false. After setting CYLV2_UseAutoTime to false, it is necessary to set each parameter for backtesting by referring to the GMT chart below.
CYL_Use_MM_Function (false)
If true, compound interest mode is used. The number of lots is calculated automatically.
Only dollar and yen accounts are available.
CYL_MM_MoneyMode (FreeMargin)
Functions in compound interest mode. There are two types of parameters to choose the base money for the automatic calculation of the number of lots.
1) FreeMargin = Excess margin
2) Balance = account balance
The difference between the two
If you have other positions in the same account, excess margin includes the unrealized loss or gain on those positions, but not the account balance.
CYL_MM_MoneyDivide (100)
Functions in compound interest mode. This parameter determines how much of the selected base money is allocated to compounding. Unit (%)
Example.
Suppose you have 1,000,000 yen in your account and you want to run Ippon Win and Color Your Life V2 in compounding mode at the same time. If you want to allocate 40% and 60% of the account balance to each, the parameter settings are as follows
Parameters for single win
CYL_MM_MoneyMode = Balance ← Base money is determined first
CYL_MM_MoneyDivide = 40
Color Your Life V2 parameters
CYL_MM_MoneyMode = Balance
CYL_MM_MoneyDivide = 60
Until now, we have recommended one EA per account, but the combination of CYL_MM_MoneyMode and CYL_MM_MoneyDivide allows multiple EAs to operate simultaneously in compound interest mode even in the same account. mode at the same time in the same account.
CYL_AllowRisk (100.0)
Functions in compound interest mode. The number of lots automatically calculated is a parameter for setting the percentage of the base money that you want to limit the loss in the event of SL. Range 1-100
The loss indicated by this EA is the "required margin + loss in case of SL".
Example.
Let's say the base money is 1,000,000 yen and 40,000 yen margin is required to place 1 lot order. If SL occurs in 1 lot, the maximum loss is 60,000 yen. Then the maximum loss for 1 lot is 100,000 (40,000 + 60,000).
If CYL_AllowRisk=100, the number of lots automatically calculated is "10".
1,000,000 * (100,000/100) / (100,000/100) (100/100) / (4 + 6) = 10
If CYL_AllowRisk=50, the number of lots automatically calculated is "5".
1,000,000 * (50/100) / (4+6) = 5
*For ease of calculation, 40,000 yen margin and 60,000 yen SL are used for 1 lot number.
If you wish to operate in compound interest mode, please simulate the number of lots based on your planned operating funds in a back test in advance. Please put the system into production after you have a rough idea of the number of lots.
CYL_slippage (3)
If slippage is greater than this value, do not enter. Unit Pips
CYL_MaxSpread（3.0)
Entry is not made when the spread exceeds this value. Unit Pips
CYL_Lots (1.0)
The number of lots to place an order. In compound interest mode, the number of lots is automatically calculated and ignored.
CYL_MagicNumber (1)
This is the magic number that manages the positions opened by the EA. When operating multiple EAs, make sure that the magic number for each EA is different.
CYL_TP (100)
Interest takeover. If it exceeds the set value, the open position will be closed.
CYL_SL (90)
Stop-loss, if it exceeds the set value, the open position will be closed.
This function is available only when CYL_UseAutoExit is set to false.
CYL_Want_Imformation (false)
If set to true, the set parameters can be viewed on the chart.
CYL_UseImpAnouStop(false)
If you choose "true", you can disable trading between important indicator announcements.
If you do not want to use it, do not forget to set it to false.
CYL_StopDayHourMinute()
This function works with the use of CYL_UseImpAnouStop. Position force close when the specified time is reached. Multiple time periods can be registered, but the rules are as follows.
Day of the week/what time it starts/what time it endsN day of the week/what time it starts/what time it ends・・・・Unlimited
*For days of the week, 0=Sun 1=Mon 2=Tue 3=Wed 4=Thu 5=Fri 6=Sat
When setting multiple time slots, be sure to put N in the middle. All times are computer time. They are not the broker's time. When setting multiple time zones, be sure to enter them in the order of the time that comes first.
Example 1.
Do not allow trades between 11:15 and 12:20 on Wednesday.
3/1115/1230
Example 2.
Do not allow transactions between 9:00 a.m. and 14:00 p.m. on Tuesdays and Thursdays.
2/0900/1400n4/0900/1400
CYL_Comment (Color Your Life V1 by CY)
If you are running multiple EAs, you can keep track of which EA placed the order for the positions you are holding by adding appropriate comments. The setting is optional.
CYL_ChangeLeverage (false)
Functions in compound interest mode. true allows you to adjust leverage to a smaller amount.
CYL_Leverage (0)
If CYL_ChangeLeverage is set to true, specify the leverage value to be adjusted.
Example.
If you want to increase your leverage from the original 888x to 25x at XM, set CYL_ChangeLeverage to true and enter 25.
If you want to operate at the account's original leverage, ignore this parameter.
CYL_KeepCalm (true)
Detects rough market conditions such as at the time of the vote to leave the EU and automatically avoids trading.
Recommended to set to true.
CYL_IsOrderDivide (No)
Split order function, 3 types are available.
If set to [No], the order divide function is not used.
If set to Auto, automatic split order placement.
Example: Assume that the number of lots set is 100.
Assume that the number of lots set is 100. The broker's maximum number of lots per order is 40. Then the order will be placed in 3 installments.
1st: 40 lots
2nd: 40 lots
Third: 20 lots
If you choose [Manual], you can decide the number of lots per order.
It is essential to use this in combination with CYL_OrderMaxLots, which will appear later.
Example.
Suppose the number of lots you set is 100, and CYL_OrderMaxLots is set to 25.
Then the order will be placed 4 separate times.
1st time: 25 lots
2nd: 25 lots
3rd: 25 lots
4th: 25 lots
CYL_OrderMaxLots cannot be set to exceed the broker's maximum number of lots per order. In that case, the number of lots per order will be adjusted to the broker's maximum.
For example
Let's say the number of lots set is 100, and CYL_OrderMaxLots is set to 50, which would normally require 50*2 times, but since the broker's maximum lot size per order is 40, the order will be placed 3 separate times. The order is placed 3 times.
1st: 40 lots
2nd: 40 lots
3rd: 20 lots
CYL_OrderMaxLots (20)
These are the parameters introduced above, which will work if CYL_IsOrderDivide is set to "Manual.
CYL_OrderRetry (false) Added in Ver. 3.5.
If the spread suddenly widens and exceeds the limit when placing an order, the order will fail.
Some brokers will invalidate the failed order, while others will store the order and execute it at once at a certain point in time. In the latter case, there is a risk of being forced to hold multiple positions. We have created this parameter to hedge that risk. The default is false, i.e., if the order fails, it shall not be re-executed. The default setting is recommended. However, please note that not reordering may cause differences from the forward test in the week in which the order failure occurs.
▌ Notes
Due to the display area, only some of the companies that can operate EAs are shown, but basically, if you have MT4, you can use our EAs regardless of the broker. Please be assured. Please be aware that the results of trades may differ even with the same broker due to the condition of the line and spread, etc., as is true of all EAs. Please be sure to have your EA up and running before the market opens on Monday (the "Nico Chan" symbol is displayed). It does not matter what day of the week it is, Saturday or Sunday. This operation assumes that the EA is stopped on Friday, etc. If you are using a VPS, etc. and have not stopped the EA operation in the first place and the Nico Chan mark has appeared for a long time, you do not need to do anything. If you close MT4 and restart it, the positions held by this EA will be closed. Also, please note that the EA may be entered as soon as the EA is stopped just before an indicator is announced and restarted after that. If you do not want your EA to automatically trade between indicator announcements, please use CYLV2_UseImpAnouStop. If you have any questions about account verification, please feel free to contact us at fx-on's inquiry form.▌PR Products
One win (dollar-yen) https://fx-on.com/systemtrade/detail/?id=8815 The number of users is everything. The occasional small drawdown is a relief in the opposite direction. I'm always impressed with the fact that every time there's a drawdown, it's the highest profit. My Ichimoku https://fx-on.com/systemtrade/detail/?id=11863 The new version has added a trailing stop function and It is definitely a stronger EA. It is a confident product that I strongly recommend in 2018. How about it for one of your portfolio at an affordable price of less than 10,000 yen? Lying in wait for the right time https://fx-on.com/systemtrade/detail/?id=10956 All 12 years of backtests on the breakout method have been positive, and the 2017 forward test is also positive. It is definitely expected to steadily accumulate profits, although it has not been a beautiful steady increase with small losses and large gains. Looking at the span of the year (1/1/12 to 12/31/12), there are no negative years. The first month of the year, January, is the best time to operate. One Win (Eurodollar) https://fx-on.com/systemtrade/detail/?id=12013 The main difference between Ippon Win and Eurodollar is that Ippon Win is a "thin profit margin" and aggressive trading. The core logic has not changed, so the results should not be too different, and now is a good time to take advantage of the half price of Ippon Win. Color your life https://fx-on.com/systemtrade/detail/?id=5503 The forward test has been over 3 years and there have been waves of results, but the trend of steady growth has not changed. This may be a characteristic of EAs that can be used for a long time. Color Your Life V2 https://fx-on.com/systemtrade/detail/?id=5561 This EA has been in forward testing for more than 3 years. Even if there is a drawdown, the "advantage" is that it can be recovered immediately. It may not be a dream to achieve 50 million yen. Only One (Dollar/Yen) https://fx-on.com/systemtrade/detail/?id=12263 The track record is still short, but if you take it the other way around, now might be a good time. Only One (Eurodollar) https://fx-on.com/systemtrade/detail/?id=12336 9,999 yen! We want to help investors build their portfolios at an affordable price. It is said that except surviving in the market is essential to risk management, it is also necessary to build a portfolio. Sales from
:
06/06/2014 04:35
Purchased
:
99
times
Price: $218.44 (taxed)
￥35,000(taxed)
Provider/Distributor:
Sales site:
GogoJungle
●Payment
Forward Test
Back Test
Sales from : 06/06/2014 04:35
Purchased
:
99
times
Price: $218.44 (taxed)
￥35,000(taxed)
Provider/Distributor:
Sales site:
GogoJungle
●Payment
About Forex Automated Trading
What is Forex Automated Trading (MT4 EA)?
Forex Automated Trading refers to trading that is automated through programming, incorporating predetermined trading and settlement rules. There are various methods to conduct automated trading, but at GogoJungle, we deal with Experts Advisors (hereinafter referred to as EA) that operate on a trading platform called MT4.
Trading Types of Forex Automated Trading
There are various types of EAs (Expert Advisors) for different trading types that can be used on MT4.
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)
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)
Risks, Advantages, and Disadvantages of Forex Automated Trading
When engaging in Forex, there are risks in automated trading just as there are in discretionary trading.
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.
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.
Equipment and Environment Needed for Automated Trading Operation
The requirements for operating automated trading (EA) on MT4 are as follows:
・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.
・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.
Installation of MT4 and Account Login
If you open an account with a forex broker that supports MT4, you can use MT4 as provided by that forex broker. MT4 is a stand-alone type of software that needs to be installed on your computer, so you download the program file from the website of the FX company where you opened the account and install it on your computer.
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.
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.
How to Install EA on MT4
To set up an EA when you purchase it through GogoJungle, follow the steps below:
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.
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.
In Case You Want to Change the Account in Use
EAs from GogoJungle can be used with one real account and one demo account per 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.
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.
Solutions for Errors During Web Authentication or Non-Functional Account Trading
If you encounter an error with Web authentication, or if the EA is trading on GogoJungle's forward performance page but not on your own account, there could be various reasons. For more details, please refer to the following link:
→ Items to Check When EA is Not Operating
→ Items to Check When EA is Not Operating
About the Size of Trading Lots
In Forex trading, the size of a lot is usually:
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.
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.
Glossary of Automated Trading
・Profit Factor: Total Profit ÷ Total Loss
・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)
・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)
Useful related pages
・How to Install MT4 EA (Expert Advisor) and Indicators
・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
・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