Financial business operator Kanto Finance Bureau Director (Financial) No.1960/Member Association Japan Investment Advisers Association Member Number 012-02324

Be Wave 5 -EURJPY M15-

Be Wave 5 -EURJPY M15- Auto Trading
Expert Advisors
MetaTrader 4
Sales from
2/2/2025
Last Updated At
2/20/2025
Version
5
My Profile
Be Wave
  • Whole period
  • 2 years
  • 1 year
  • 6 months
  • 3 months
  • 1 month
Profit
204,387JPY
Profit Factor
1.98
Rate of return risk  ?
1.05
Average Profit
567JPY
Average Loss
-13,167JPY
Balance  ?
1,204,387JPY
Rate of return (all periods) ?
22.18%
Win Rate
97.87% (735/751)
Maximum Position  ?
8
Maximum Drawdown  ?
16.43% (194,894JPY)
Maximum Profit
19,810JPY
Maximum Loss
-31,070JPY
Recommended Margin  ?
921,311JPY
Unrealized P/L
-540JPY
Deposit  ?
1,000,000JPY
Currency
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
[EUR/JPY]
Trading Style
[Scalping] [Day Trading] [Swing Trading] [Position Trading]
Maximum Number Position
7
Maximum Lot
99
Chart Time Frame
M15
Maximum Stop Loss
200
Take Profit
5
Straddle Trading
No
Application Type
Metatrader Auto Trading
Other File Usages
No


Aim of "Be Wave 5"!

Inheriting the strengths of Version 4, the number of bars in WaveLevel is 8! Additionally, by using 15-minute candles, we increase the number of trades and enhance profit opportunities. Individual lot settings for both upward and downward directions have also become possible.


 
 
 
"Be Wave" Series
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"Be Wave" is a long-term operation EA. It is a multi-scalping EA designed and developed with a focus on efficiency, stability, and aesthetics.
Trends vary widely, including large waves, small waves, long-term waves, and short-term ones, but it is crucial to ride any wave effectively. To achieve this, the EA must analyze not only the displayed chart information but also recent trends, long-term trends, and gather information from other charts to quickly and accurately understand the situation.
Based on this information, consistently trading in line with the trend is essential for success, and "Be Wave" is equipped with several excellent logics tailored to these situations.

Additionally, we consider information dissemination and design to be very important.
It is essential for users to easily understand expert settings and current situations, and the EA is developed to provide information from its side to ensure a secure operation.
This information dissemination begins as soon as the EA is set on the chart, and its importance will become clear.

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What is "Be Wave 5"

⛀ Lot settings for both upward and downward directions are possibleNEW!!
When the market is in an upward trend, focusing on upward trades and setting larger lot sizes can maximize profits. Conversely, in the downward direction, smaller lot sizes can be set to mitigate risk. This allows for effective adjustment of the risk-return balance in line with the trend direction.


To respond to market uncertainty, it is no longer necessary to take equal risks in both directions. By reducing risk in a specific direction, there is a psychological advantage of being able to trade with peace of mind.




⛀ Long-term operation EA
Since starting forward operation from registration in 2019, it has consistently generated profits. The number of trades exceeds 4,800 over a 10-year backtest, and already exceeds 200 in forward operation since registration. From the forward period, number of trades, and performance, it can be understood that this is a very reliable EA.


⛀ Trading in both long and short positions!NEW!!
With BeWave5, trading in both long and short positions has become possible! Experience the enhanced winning potential of BeWave5.


⛀ Overwhelming win rate
One of the features of "Be Wave" is its overwhelming win rate. The win rate of "Be Wave" is 100% (for each identical settlement), meaning it is designed to continuously accumulate profits. An EA with a high settlement win rate provides a different sense of security. Moreover, the joy of consistently achieving positive settlements increases with each success. We hope you can experience this greatness.


⛀ Aesthetic design
Design is also an important element. By visually disseminating information clearly, users can feel further reassurance and joy. In particular, the graphs displayed on the chart clearly indicate the matching degree of position acquisition (OPEN). When the colors of the graphs or the lengths of the bars change, it not only indicates that position acquisition is approaching but also generates a sense of great anticipation.

 

 
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From Backtest

340% over 10 years!
Settlement unit win rate of100%!
Approximately4,800 trades!
The increase rate marks approximately 340% over 10 years, with more than 4,800 trades during that period. The win rate for the same settlement unit is 100%.

Whether in a single position or multiple positions, the design ensures that settlements will always be positive.

Trades are initiated only when favorable conditions are met, ensuring that numerous position acquisitions do not miss out on profit opportunities. Additionally, the high frequency of trades allows for effective risk diversification.

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Panel Pattern
 
 
⛀ Displayed in gray tones ⛀ Displayed in aqua tones
⅛ Image example is "EURJPY"


point.gifPanel 1  
 
 The upper panel displays, from top to bottom, the EA name, magic number, number of positions, and the maximum number of positions that can be acquired.
The EA name consists of the series name of Be Wave and the pair name.
The magic number is the value set in the parameters. The display color of the number of positions changes when there are held positions. When holding a BUY position, it is displayed in blue tones. The maximum number of positions that can be acquired is the setting value of the parameter "SL_MaxPosition". You can hold positions up to this number.
 
  

point.gifPanel 2  
 

 The second panel shows the set lot size, take profit value, and stop loss value.
Regarding take profit and stop loss, it is as follows.
If you set "5" in the expert parameter TakeProfit, it will be displayed on the panel as "TP:5.00" (=5 pips).
Similarly, if you set "200.0" in StopLoss, the panel will display "SL:200.00" (=2 yen 00 pips).
  

point.gifPanel 3  
 
       
  
The third panel is a graph panel, which is one of the features of Be Wave.
When several acquisition conditions are not met, it is displayed in gray tones.
When it changes to blue tones, it indicates that the acquisition conditions for the Buy position are starting to be met.

 

When all bars exceed this line, it means that all acquisition conditions are met, and position acquisition is approaching.
Moreover, the larger this bar is, the higher the desire for acquisition.
 


point.gifPanel 4
  
 

 The bottom panel displays the stopper for safety.
From the top, it includes spread, year-end and New Year, and safety features related to margin balance.
In the example shown in this image, "Spread" of "0.006" is the current spread, and "0.030" is the maximum width of the spread that can be acquired. In this case, the spread can be acquired between "0" and "0.03 (3 pips)."
In cases of high volatility, spreads can widen drastically. In such situations, you may be forced into very unfavorable trades, making this a crucial safety measure to avoid such unfavorable trades.
If the spread expands beyond this setting value, the display color will change, visually conveying a message.
"NoOpen" indicates the acquisition restrictions during the year-end and New Year period.
In this case, there will be no acquisition (OPEN) from "December 24" to "January 5". Settings can be made from the parameter setting screen. Additionally, since the year-end and New Year business hours vary by broker, please confirm carefully before making changes.
"Balance" is a function to directly protect assets in case of emergencies.
On the left, "999400" is the current margin balance, and "0" is the setting value.
If you want to impose a restriction that prevents acquisitions when the margin balance falls below "500,000 yen", set the parameter "NoTradeBalance" to "500000".
If the margin balance falls below this setting value, the display color will change, visually conveying a message.
  



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point.gif Experts Parameters
   
 
MagicNumber [Default Value] 5032032 The MagicNumber is set as an integer value. Please avoid simultaneous operation with EAs that do not have a MagicNumber setting within the same account. The setting value "0" is not allowed.
Buy_Lots [Default Value] 0.1 Set the lot size for acquiring in Buy.
⅛ For example, in Forex Finest (0.01 = 1,000 currency units)
Sell_Lots [Default Value] 0.02 Set the lot size for acquiring in Sell.
TakeProfit [Default Value] 5.0 Set when a position is acquired with "SL_MaxPosition" set to "1", or when multiple positions are acquired with "SL_MaxPosition" set to "2" or more. "5.0" = "5 pips"
StopLoss [Default Value] 200.0 Set when a position is acquired with "SL_MaxPosition" set to "1", or when the number of held positions reaches that number with "SL_MaxPosition" set to "2" or more. "200.0" = "2 yen 00 pips"
SL_MaxPosition [Default Value] 10
 

















 
 

Single Position Trade
 

By setting "SL_MaxPosition" to "1", you can do the following.
⊲ Always trade with a single position.


⅛ Image example is BeWave4 "GBPJPY"

 


 
This is "Hedging" specification of "Be Wave 2".
This is also performing well. Thank you.
 
 

Sales from :  02/02/2025 20:06
Purchased :  1 times

Price: $157.09 (taxed)

¥25,000(taxed)

Provider/Distributor:
Sales site:

Payment

Master VISA JCB
Forward Test
Back Test

Sales from :  02/02/2025 20:06
Purchased :  1 times

Price: $157.09 (taxed)

¥25,000(taxed)

Provider/Distributor:
Sales site:

Payment

Master VISA JCB
About Forex Automated Trading
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.
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)

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.
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.
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.
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.
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 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
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.
・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)