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

Be Wave 6 -NZDJPY M5-

Be Wave 6 -NZDJPY M5- Auto Trading
Expert Advisors
MetaTrader 4
Sales from
3/5/2025
Last Updated At
2/19/2025
Version
1
My Profile
Be Wave
  • Whole period
  • 2 years
  • 1 year
  • 6 months
  • 3 months
  • 1 month
Profit
35,187JPY
Profit Factor
1.33
Rate of return risk  ?
0.18
Average Profit
663JPY
Average Loss
-2,689JPY
Balance  ?
1,035,187JPY
Rate of return (all periods) ?
5.99%
Win Rate
84.33% (366/434)
Maximum Position  ?
5
Maximum Drawdown  ?
32.20% (200,305JPY)
Maximum Profit
36,160JPY
Maximum Loss
-44,340JPY
Recommended Margin  ?
587,233JPY
Unrealized P/L
-85,984JPY
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
[NZD/JPY]
Trading Style
[Scalping] [Day Trading] [Swing Trading] [Position Trading]
Maximum Number Position
5
Maximum Lot
99
Chart Time Frame
M5
Maximum Stop Loss
200
Take Profit
5
Straddle Trading
No
Application Type
Metatrader Auto Trading
Other File Usages
No
Aim of "Be Wave 6"!

Inheriting the strengths of Version 5, the number of bars in WaveLevel is 8!
Additionally, by using 5-minute charts, the number of trades will increase, providing more opportunities to gain profits. 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 type EA. It is a multi-scalping EA designed and developed with a focus on efficiency, stability, and design.
Trends vary widely, including large waves, small waves, long-term waves, and short-term ones, but it is very important to ride any wave. To achieve this, the EA needs to analyze not only the displayed chart information but also the recent trends, long-term trends, and information from other charts to quickly and accurately understand the situation.
Based on this, consistently trading in line with the trend is essential for winning, and "Be Wave" is equipped with many excellent logics tailored to those situations.

Additionally, I believe that information dissemination and design are very important.
It is important for users to easily understand expert settings and current situations, and it has been developed to enable安心した運用 (safe operation) through information dissemination from the EA.
This information dissemination starts immediately when the EA is set on the chart, and you will understand its importance.

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What is "Be Wave 6"



⛀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 reduce risk. This allows for effective adjustment of the risk and return balance in line with the trend direction.


To respond to market uncertainty, it is no longer necessary to take equal risks in either direction. By reducing risk in a specific direction, there is a psychological benefit of being able to continue trading with peace of mind.




⛀Long-term operation type EA
Since its registration in 2019, it has started forward operation and has continued to generate profits steadily. The number of trades has exceeded 6,200 over a 10-year backtest. From the forward period, number of trades, and performance, you can see that it is a very reliable EA.


⛀Only long positions
To be mindful of swap efficiency, it will continue to trade only in the BUY direction (long positions).


⛀Overwhelming win rate
One of the features of "Be Wave" is its overwhelming win rate. The win rate of "Be Wave" is 100% (for the same settlement), meaning it is designed to continuously accumulate profits. An EA with a high settlement win rate provides a different sense of security. Moreover, as positive settlements are continuously made, the joy of it increases significantly. I hope you experience this greatness.


⛀Design quality
Design quality is also an important element. By visually disseminating information clearly, you can feel further peace of mind and joy. In particular, the graph displayed on the chart informs you of the matching degree of position acquisition (OPEN) in an easy-to-understand manner. When the color of the graph and the length of the bars change, it not only indicates that position acquisition is approaching but also creates a sense of great anticipation.

 



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From Backtest

About 260% over 10 years!Settlement unit win rate 10*%!
Number of trades approximately
6,200 times!
The growth rate marks approximately 260% over 10 years, with more than 6,200 trades during that period. The win rate for the same settlement unit is 10*%.

When closing a position, whether it is a single position or multiple positions, it is always designed to be profitable.

Trades will only start when favorable conditions are met, but many position acquisitions will not miss profit opportunities. You will also gain the effect of risk diversification due to the high number of trades.

side_r.jpg
 

 

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


point.gifPanel 1  
 
 The upper panel shows, from the top, the EA name, magic number, number of positions, and the maximum number of positions that can be acquired.
The EA name is 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).
Also, if you set "200.0" in StopLoss, the panel will display "SL:200.00" (=2 yen 00 pips).
  

point.gifPanel 3  
 
       
  
The third is a graph-like 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 beginning 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 of 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 will be forced into very unfavorable trades, so this becomes a very important safety measure to avoid those unfavorable trades.
If the spread expands beyond this setting value, the display color will change, and a visual message will be sent.
"NoOpen" is the acquisition restriction 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.
Also, since the year-end and new year business hours vary by broker, please check carefully before making changes.
"Barance" is a function to directly protect assets in case of emergencies.

If you want to impose a restriction that no acquisitions will be made if the margin balance falls below "500,000 yen," set the parameter "NoTradeBarance" to "500000."
If the margin balance falls below this setting value, the display color will change, and a visual message will be sent.
  



point.gif Experts Parameters
   
 
MagicNumber [Default Value] 5032032 The MagicNumber sets 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 Sets the lot size to acquire with Buy.
⅛ For example, in Forex Finest (0.01 = 1,000 currency units)
Recommended: Lots 0.05 to 0.1 / Balance 1,000,000 yen
Sell_Lots [Default Value] 0.02 Sets the lot size to acquire with Sell.
TakeProfit [Default Value] 5.0 This is set when a position is acquired with "SL_MaxPosition" of "1," or when multiple positions are acquired with "SL_MaxPosition" of "2" or more. "5.0" = "5 pips"
StopLoss [Default Value] 200.0 This is set when a position is acquired with "SL_MaxPosition" of "1," or when the number of held positions reaches that number with "SL_MaxPosition" of "2" or more. "200.0" = "2 yen 00 pips"
SL_MaxPosition [Default Value] 10 This is the maximum number of positions that can be held.
 

⛀Year-end acquisition restriction
This is a function to prevent acquisitions at year-end.
【Example 1】 If you want to acquire without restrictions
YearEnd_NoOpen = "false"
【Example 2】 If you do not want to acquire after December 24
YearEnd_NoOpen = "true"
YearEnd_NoOpen_Month = "12"
YearEnd_NoOpen_Day = "24"
⛀New Year acquisition restriction
This is a function to prevent acquisitions at the beginning of the year.
【Example 1】 If you want to acquire without restrictions
NewYear_NoOpen = "false"
【Example 2】 If you do not want to acquire until January 5
NewYear_NoOpen = "true"
NewYear_NoOpen_Month = "1"
NewYear_NoOpen_Day = "5"
 
 

Single Position Trade
 

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


⅛ Image is BeWave4 "GBPJPY"

 


 
This isthe "Hedging"specification of"Be Wave 2".
This is also performing well. Thank you.
 
Sales from :  03/05/2025 20:45
Purchased :  0 times

Price: $156.94 (taxed)

¥25,000(taxed)

Provider/Distributor:
Sales site:

Payment

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Forward Test
Back Test

Sales from :  03/05/2025 20:45
Purchased :  0 times

Price: $156.94 (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)