Color Your Life V2

Introduction to ▌EA

▌EA Strategies

▌The strength of compound interest management for getting rich quick

The stability (steady increase) of the simple interest operation can be seen in the back test shown on the website. Then, what will happen in the case of compound interest operation as mentioned in the catchphrase, "Leave it alone and compound interest on one EA per account to realize 150,000 to 50 million"? Please see the chart below. Then, what will happen if you start again with 100,000 after 3 years? Please see the chart below. The figure below shows how the compound interest rate would be increased by the "snowball" method. The figure was verified with Ver. 2.1, but the latest version has been upgraded several times to improve stability and add new features, but the momentum of asset growth through compounding has not changed. Please be assured.

▌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.

CYLV2_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 If you do not want to force a close on the weekend, please use false here. However, if there are no positions at the end of the week, the trend detection logic will be reset. CYLV2_OpenDay (1) ← For back testing Specify the day of the week to start trading, 0=Day 1=Mon 2=Tue 3=Wed 4=Thu 5=Fri 6=Sat CYLV2_OpenHour (2) ← For back testing Designation of trading start time CYLV2_Use_WeekClose_Function (true) ← Parameter for back testing Weekend position close function, true = use, false = do not use If you do not want to force close positions on weekends, set this to false. However, if there are no positions at the end of the week, the trend detection logic will be reset. CYLV2_ExitDay (5) ← For back testing When using the weekend close function, specify the close day of the week. CYLV2_ExitHour (14) ← For back testing When using the weekend close function, specify the close time. CYLV2_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, you need to set each parameter for backtesting by referring to the GMT chart below. CYLV2_Use_MM_Function (false) If true, the compound interest mode is used. The number of lots is calculated automatically. Only dollar and yen accounts are available. CYLV2_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. CYLV2_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 million 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 CYLV2_MM_MoneyMode = Balance ← Base money is determined first CYLV2_MM_MoneyDivide = 40 Color Your Life V2 parameters CYLV2_MM_MoneyMode = Balance CYLV2_MM_MoneyDivide = 60 Until now, we have recommended one EA per account, but the combination of CYLV2_MM_MoneyMode and CYLV2_MM_MoneyDivide allows multiple EAs in the same account The combination of CYLV2_MM_MoneyMode and CYLV2_MM_MoneyDivide allows multiple EAs to operate simultaneously in compound interest mode in the same account. CYLV2_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 you have 1,000,000 yen in base money and 40,000 yen in 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 CYLV2_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 CYLV2_AllowRisk=50, the number of lots automatically calculated is "5". 1,000,000 * (50/100) / (4 + 6) = 5 *For ease of calculation, we assume 40,000 yen margin and 60,000 yen SL in one 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. CYLV2_slippage (3) If slippage is greater than this value, do not enter. Unit Pips CYLV2_MaxSpread（3.0) Entry will not be made when the spread exceeds this value. Unit Pips CYLV2_Lots (0.1) The number of lots to place an order. In compound interest mode, the number of lots is automatically calculated and ignored. CYLV2_MagicNumber (2) This is the magic number to manage the positions opened by the EA. When operating multiple EAs, make sure that the magic number for each EA is different. CYLV2_UseAutoExit (true) Please select "true". CYLV2_TP (100) Profit taking. If it exceeds the set value, the held position will be closed. functions only when CYLV2_UseAutoExit is set to false. CYLV2_SL (80) Stop-loss, if it exceeds the set value, the open position will be closed. This function is available only when CYLV2_UseAutoExit is set to false. CYLV2_Want_Imformation (false) If set to true, the set parameters can be viewed on the chart. CYLV2_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. CYLV2_StopDayHourMinute() This function works with the use of CYLV2_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 CYLV2_Comment (Color Your Life V2 by CY) If you are running multiple EAs, you can keep track of which EA placed the order for the position you are holding by adding appropriate comments. The setting is optional. CYLV2_ChangeLeverage (false) Functions in compound interest mode. true allows you to adjust leverage to a smaller amount. CYLV2_Leverage (0) If CYLV2_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 CYLV2_ChangeLeverage to true and enter 25. If you want to operate at the account's original leverage, ignore this parameter. CYLV2_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. CYLV2_OrderRetry (false) Added in Ver. 3.8. 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