Trading N GOLD
- 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 GOLD"
⛯ This is an automated trading EA specialized in gold (XAU/USD), which is known for its high volatility. High volatility means that the market price fluctuates significantly, making it easier to generate profits, but also increasing the risk of losses in this currency pair.
⛯ This EA has produced backtest results for trading gold (XAU/USD) over the past 13 years:Maximum: 658.00 pips, Average: 114.03 pips, Win Rate: 64.57%.
⛯ The price of gold has nearly increased tenfold over the past 25 years! An EA that only takes buy positions based on past performance is likely to yield decent results. However, this EA not only achieves results with buy positions but also with sell positions. During high volatility, the market can move significantly in the opposite direction as well. If you only take buy positions recklessly, you may not be able to withstand the unrealized losses.
Win rate for buy positions: 67.24% (Number of trades: 406), Win rate for sell positions: 61.23% (Number of trades: 325)
⛯ The trading method targets small losses and large profits with a maximum of 2 positions in a trending market. If the trend does not develop well, a stop-loss is triggered. Once a certain profit is achieved, the stop-loss is moved to the breakeven point, and a trailing stop is used to gradually raise the stop-loss until the position is closed. This method aims to protect assets while expanding profits. We do not use risky trading methods that could lead to a total loss of assets (such as infinite averaging down without stop-loss or increasing lot size martingale strategies)!
⛯ Example of a trade
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. Additional long positions are added during pullbacks, with similar stop-loss placements. Furthermore, the subsequent " modify " shows that the stop-loss was moved to the breakeven point, and you can see that the stop-loss is gradually raised in line with the chart's upward movement. The last part of the chart, where it slightly starts to decline, triggered the stop-loss. The last entry in the table " s/l " indicates the stop-loss. The result was a gain of 376 pips + 282 pips. The profit and loss are in dollars.
⛯ There are also other exit methods such as SMA cross exit and time-specified exit. The SMA cross refers to the golden cross and death cross, which are indicators of trend reversal. The settings involve a 15-minute SMA (simple moving average) with a period of 60 and a 1-hour SMA with a period of 60, which will close all positions. Additionally, there is a method to specify the day and time for exit, which is effective before economic indicators like U.S. employment statistics or when you do not want to hold positions over the weekend. All of these can be set to ON or OFF in the parameter settings.
⛯ Patience is key in trading! Please leave the entry to the EA. Entries are made when there is momentum in the direction of a significant trend, and additional entries are made during pullbacks (additional entries are not limited to just during pullbacks). In a range-bound market, there may be periods of waiting, but it is important to wait for opportunities. The EA will only enter when it detects a trend formation. Those who cannot resist the urge to enter positions while staring at the chart should let the EA handle the entries.
⛯ You can also entrust the exit of discretionary entry positions to the EA! (Note 1) For intermediate and advanced traders, there may be points where you would consider entering long or short here. Please feel free to enter manually. You can leave the subsequent exits to the EA. The EA will place stop-loss orders just like it does for automatic entries, and if profits increase, the trailing stop function will activate, and cross exits and time-specified exits will function as specified.Note 1: To allow the EA to exit discretionary positions, parameter settings need to be changed. Additionally, since the settings are tailored for trading gold (XAU/USD), we do not recommend using it for other currency pairs.
This EA is a semi-automatic EA specialized in exits that was released earlier.
(Product name "If you enter manually, let the EA handle the exit!")
This EA has been adjusted to add automatic entry functions. If you are confident in your trading, please check this as well.
If you enter manually, let the EA handle the exit!
The coupon will expire in 4 days.
Price: $123.66 (taxed)
￥20,000(taxed)
●Payment
Sales from : 03/05/2025 20:45
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