Trading N ( GBPJPY )
- Whole period
- 2 years
- 1 year
- 6 months
- 3 months
- 1 month
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...
Thank you for viewing the product name " TradingN ( GBPJPY )".
To continue winning in trading, it goes without saying that entering based on high expected value patterns is essential, but how to exit is also important.
This EA is a semi-automatic EA specialized in settlement.
(Product name "If you enter discretionarily, leave the settlement to the EA Omakase!") (hereinafter referred to as "Settlement Omakase EA") has been enhanced with an automatic entry function.
Although it may sound self-serving, I believe this settlement-specialized EA is excellent, and I aimed to create a fully automatic EA by directly incorporating thisexit method with the automatic entry function.This EA is a product of my confidence, as I poured in the methods I use in actual trading as much as possible.The entry method can be simply explained as the EA detecting the beginning of a trend movement along with the major trend waves and entering accordingly. The maximum number of positions is limited to 2, and I do not employ risky methods such as averaging down or martingale that could instantly wipe out the balance. The backtest results over 10 years for GBP/JPY show awin rate of 58%, and since it aims forsmall losses and large profits, the expected value going forward is considered to be very high (though I cannot guarantee it). The exit method is similar to that of the previously launchedSettlement Omakase EA, so please check that as well.Additionally, similar to theSettlement Omakase EA, there is a function forbacking up discretionary entries! Automatic stop-loss, trailing stop, and other functions will activate for positions entered discretionarily by the customer.
Exit Method 1: Trailing Stop
This is crucial for minimizing losses and maximizing profits. When profits are steadily increasing and exceed the set profit margin, the trailing stop function activates. The initial trailing stop changes the stop-loss to the entry price, eliminating any losses. As profits continue to grow, when the set profit margin doubles or triples, the stop-loss will be raised accordingly. The option to set a limit order (take profit price) is intentionally not available. If a limit order is set, one might regret it later while watching a trend that continues to grow.
⛯ Trailing Stop Trading Image
Entry is marked with " ⋲ " on the chart, and exit is marked with " ⛡ ". The top of the performance table shows " buy " for a long entry, and the next " modify " indicates that a stop-loss was placed immediately after entry. The following " modify " changes the stop-loss to the entry price, eliminating any losses. You can see that the stop-loss is gradually being raised in line with the chart's growth. The stop-loss was triggered at a slightly drooping point on the chart. The last entry in the table " s/l " indicates the stop loss.
Exit Method 2: Specified Day and Time Exit
This function allows for all positions to be closed at a specified day and time. It can be used when you do not want to carry positions over the weekend or wish to close before important economic indicators are announced. You can set whether or not to execute this in the parameter settings.
Other 1: Backup for Discretionary Entries (Semi-Automatic EA)
Settlement Omakase EA has similar functions, allowing for semi-automatic trading. You can leave the settlement of positions entered discretionarily to the EA. After a discretionary entry, the EA willautomaticallyset a stop-loss, and if profits increase, thetrailing stop will activate. Of course,cross settlement and time-specified settlement functions can also be enabled in the settings, backing up your trading..To activate the semi-automatic EA, some parameter settings need to be changed. Additionally, it will only function with the currency pairs of the EA installed on MT4.Other 2: Parameter SettingsThe parameters that can be changed are freely set by the customer. However, some parts that affect the EA's automatic entry function are restricted. Therefore, the number of changeable parameters is fewer than that of theSettlement Omakase EA..
To activate the semi-automatic EA, some parameter settings need to be changed. Additionally, it will only function with the currency pairs of the EA installed on MT4.
Other 2: Parameter Settings
The parameters that can be changed are freely set by the customer. However, some parts that affect the EA's automatic entry function are restricted. Therefore, the number of changeable parameters is fewer than that of theSettlement Omakase EA.
Price: $123.66 (taxed)
¥20,000(taxed)
●Payment
Sales from : 03/13/2025 02:23
Price: $123.66 (taxed)
¥20,000(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
