Hestia for USDJPY

⛀Concept

Many trending markets have pullbacks, and entering at pullbacks is

one way to avoid buying at high prices while extending profits with positions that do not go against the trend.

This EA values this method and repeatedly executes pullback buying and retracement selling to a stubborn degree.

⛀About the Logic

By determining the direction from recent fluctuations, if there is a certain degree of rebound in the opposite direction, it enters in the trend-following direction at that point as a pullback.

Once a certain profit is achieved after entry, it will close the position temporarily and wait for another rebound, re-entering in the same direction if an opportunity arises.

If losses expand after entry, it corrects the direction and waits for a pullback to occur in the opposite direction, at which point it reverses (holding a position opposite to the previous one while closing the previous position).

This is the logic that will be repeated.

We would appreciate it if you could keep other detailed parts confidential.

⛀About Trading Hours

Positions are closed 20 minutes before the market closes on Fridays, year-end, and Christmas Eve, with restrictions to avoid holding positions overnight.

This function operates normally only with brokers using GMT+2/+3 (U.S. Daylight Saving Time).

Since it does not accommodate other exceptional holidays, if you do not wish to hold positions, you will need to close them manually.

⛀Operation During Economic Indicator Announcements

This EA does not perform special controls for economic indicator announcements and will trade based on the usual logic.

Significant profits or losses may occur due to indicators, but it has been developed with the idea that the expected value will balance out in the long term.

⛀Trading Scene (Excerpt from Backtest)

⅛Displayed in 30-minute intervals for better visibility.

⅛For those on a computer, right-clicking to open the image in a new tab may make it easier to view.

⅛Redarrows and dotted lines indicateselling,bluearrows and dotted lines indicatebuying.

⛀Parameter Explanation

Except for settings related to lot size, the default settings are generally fine.

⛀Backtest Results（Default）（Currency Unit: Yen）

⅛This EA operates only on the opening price, except for order retries (which are difficult to reproduce in backtests), so it is tested on the "opening price only".

⛀Other Notes

・This EA operates normally only when running on a one-minute chart.

・This EA is recommended for use with brokers using GMT+2/+3 (U.S. Daylight Saving Time).

・If you close and restart MT4, positions will not be automatically closed. If there are existing positions after restarting, the logic will resume as is.

・This EA supports manual closing of positions. After manual closing, it will enter as appropriate on the next signal. Please be aware that if the next signal is close, there is a possibility of re-entering immediately after closing.

・The operation of the EA may vary due to differences in distribution rates by broker and differences in execution environment (communication speed/processing speed, etc.).

⛀Q&A

・The modeling quality of the backtest image is shown as "n/a", does this mean it is unreliable?

This EA operates based on the opening price generation only, so it is backtested on "opening price only". However, due to MT4's specifications, when backtesting with "opening price only", it mechanically displays the modeling quality as "n/a".

Due to MT4's specifications, it is displayed as "n/a", but generally, there is not much impact when testing an EA that operates on "opening price only" in that manner, so please rest assured.

⛀Version Upgrade History

Version 1.1

・Added the following parameters that were missing at the time of new listing

- Maximum Retry Count for New Orders

- Number of Past Bars to Check at Startup

Version 1.0

・New Listing

Thank you very much.