GSP-FLOATING system
- 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
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Calendar for Months
About EA's Strategy
Translating...
GSP Floating System - GBPJPY version
[What kind of EA do you want to use?☑ The backtest profit factor is 2.38, but the
The profit factor of the forward results is 0.97.
☑The EA is not well understood just after the start of forward
It is on sale for a discount as part of a sales promotion campaign.
☑The average annual profit of the back test is +800,000 yen.
☑An average annual profit of +800,000 yen in the forwards after the start of sales
My name is Mr. Kawase, the EA developer. I am a discretionary trader who trades with original methods. Most of my methods are non-discretionary trading logic. The year before last, I was invited by Mr. Hayakawa, the president of Gogojan, to join the EA industry. I made an EA of one of my existing logics. That isGSP-FLOATING system It is Originally, it was a logic that could win with discretionary trading, so it was natural that It is natural that it can win even if it is converted to EA. I am honestly happy to see that the back-test results are still I am honestly happy to see that it is still performing as back-tested even after two years of sales.
I think the important thing with EAs is that they "perform as back-tested."When doing discretionary trading, it is common to verify the logic on past charts, and Then, it is common to confirm reproducibility by demo trading. I think the same is true for EAs. No matter how good the EA is in back testing It is nothing more than a cake made from a picture. I believe that only by creating logic based on chart analysis I believe that only by building up the logic from chart analysis, we can create an EA that can win even in the future. It has been two years since the GSP-FLOATING system was launched. As if to reproduce my discretionary trades, it continues to generate the same profit trends as in the back tests. It has been two years since the GSP-FLOATING system was sold, and it continues to show the same profit trend as in the back test.
back-testing | After Sales | |
|---|---|---|
| Period | January 2007 - June 2014 | July 2014 - June 2016 |
| profit factor | 1.27 | 1.39 |
| winning percentage | 36.38% (%) | 35.89% (in %) |
| Average Annual Profit | +784,000 yen/year | +845,000 yen/year |
| Average Annual pips earned | +3,922 pips/year | +4,225 pips/year |
over a two-year long period. The reason why the results have been rather better than back-tested is We believe this is because our logic, which focuses on the essence of price movements, matches the market.
[fx-on's forward account balance is now 2.7 million yen.I started fx-on's forward measurement with a 1 million yen balance. After two years of forward measurement, the account balance increased by 1.7 million yen to 2.7 million yen.
Features of the GSP-FLOATING systemThis EA is a complete swing trade type profit/loss type EA. And the currency pair of choice is GBPJPY, which has large volatility. The entry logic is completely sequential. The entry logic is completely forward, following the market direction and trend-following.
Two trend-following logics are included in the package.Once the GSP-FLOATING system is up and running, two Two independent systems, each with its own approach, search for trend-following points. Each system searches for trend-following points with its own approach. The two systems run side by side, so the maximum number of positions is two on each side. Since the two systems run side by side, the maximum number of positions is two per side. Also, to avoid overcurve fitting, we will Back-testing has been conducted over a long period of time, from 2007 onward, to avoid over-curve fitting. including Lehman Brothers and Abenomics markets. The system is designed to adapt to various market situations, including Lehman and Abenomics markets.
The winning rate is low, losing streaks often occur, and unrealized profits are lost.I want to close a position as soon as it becomes unrealized profitable. 'I can't sleep at night because I'm worried if I hold a position for a long period of time. I feel stressed when I have a losing streak. I don't want to build a portfolio with EAs other than the high winning rate type. We definitely do not recommend this product to such people. Even if the EA has unrealized profit, it often fails to close the account after a short period of time. The win rate of this EA is far below 40%. It often loses 4 or 5 times in a row. This is a special EA that strongly exhibits the characteristics of trend-following systems of the profit/loss type.
[Thirty-three and seven.As you can see, the GSP-FLOATING system can be described as a "triple whammy of EA. However, if it is just a little bit of consecutive losses, the GSP-FLOATING system has the power to make up for it with a single profit. GSP-FLOATING system has the power to make up for it with a single profit. In summary, GSP-FLOATING system is a type of EA that aims to make a large profit and a small loss thoroughly. For your information, the number of profitable trades of more than 100 pips recorded in the first six months after the launch of GSP-FLOATING system is 33 times The number of gains of 100 pips or more recorded in the first six months after the launch of the product is In addition, as a result of continuing to endure unrealized profit, the number of times The number of times that the profit settlement of +300 pips or more was recorded in the first six months after the launch is 7 times The number of times that the profitable settlement was +300 pips or more was
About the Forward...Thus, the GSP-FLOATING system is a very peculiar EA. We think it is not an exaggeration to say that GSP-FLOATING system is a very peculiar EA. However, at the time of writing, half a year has passed since its release. In the forward of fx-on, theThe funds of 1 million yen have grown to 1.5 million yen.
[It is recommended to operate at GMT+2.Since some filters will monitor the 4-hour leg, it is It is recommended to operate with a GMT+2 vendor.
[Other featuresOther features of the GSP-FLOATING system include The GSP-FLOATING system does not use "Nanping" or "Martingale". We only enter when the candlestick is fixed. There are about 20 trades per month. We do not use a combination of RSI, MACD, and other technical indicators. Entry is based on our own timing with moving averages in mind. There will be times when you will be trading both sides of a trade (brokers that allow both sides are recommended). The following are some of the characteristics of this system.
Differences from the SCH-Trend systemI have released an EA called SCH-Trend system. Like the GSP-FLOATING system, it is a trend-following swing EA. The SCH-Trend system is designed to catch the trend with a strong awareness of market turning points. However, the SCH-Trend system naturally has its drawbacks. Despite the name "trend," it sometimes fails to ride the trend. The GSP-FLOATING system complements such shortcomings of the SCH sign, and is a system that can be used to catch the trend while the SCH-Trend system is not able to catch the trend. GSP-FLOATING system compensates for such shortcomings of the SCH-signaling system, and goes for the trend that the SCH-Trend system misses. Six months have passed since both EAs were released. GSP-FLOATING system has been able to catch the trend that SCH-Trend system failed to catch. GSP-FLOATING system is aggressively catching the trend that SCH-Trend system failed to catch.
Preparation for useStop loss = 150 pips loss.
If you are operating a 0.1 lot yen account, the loss is 15,000 yen.
The maximum drawdown recorded from 2007 to the present in the 0.1 lot yen account is about 220,000 yen.
In addition, the win rate is less than 40%, so this is not a system that can win all the time.
As can be read from the back-test results.
As you can read from the back-test results, be sure to assume that there will be periods of flatness and drawdowns during which you cannot accumulate profits.
We also recommend that you confirm the system by back-testing or running it on a demo account before running it on a real account.
The backtest and forward on fx-on is 0.2 Lots for $10,000. This operational Lots is in terms of maximum drawdown. The starting capital of $10,000 may be reduced to $5,629 due to drawdowns. Since the maximum drawdown is about half, it can be said to be a risky Lots operation. There is also a saying that "the maximum drawdown will come in the future. We hope that all of our users will understand this. "How much can I bear the worst case scenario of my money?" We ask each user to consider "How much can I stand even if my fund is reduced to the worst? In particular, there are investment risks involved in investing with automated forex trading software, so please be aware of the risks involved. Please handle at your own risk.
[About digits difference].Both 2- and 3-digit decimal places and both brokerage firms are supported.
ParameterMagicNumber1: Magic number (initial: 2328102) MagicNumber2: Magic number (initial: 2328103) Please set as appropriate so as not to overlap with other EAs, etc. Lots: Number of trading lots (initial value: 0.2) The minimum lot size varies depending on the broker and account type. Please set it in consideration of the risk you can take. TakeProfit: Take-profit value (default: 500) Initial value = recommended value of 500 pips. Max_StopLoss: Stop Loss (initial value: 150) StopLoss is calculated at the time of entry based on market conditions and volatility. As a general rule, the greater the volatility at the time of entry, the greater the StopLoss value. However, in order to prevent the value from increasing without limitation, the maximum range can be limited in this item. The default value is 150 pips, and StopLoss is specified within this value. Slippage: Slippage (default: 20) Allowable slippage can be set. Some may think that the default value of 20 pips is too wide. However, the default value of 20 pips may seem too wide to some, but it is set as such to avoid opportunity losses. Retry Time_Duration: Retry function (initial value: 10) - to be added from ver. 1.12 In principle, this EA operates at the beginning of the hourly session. However, this parameter has been added as a countermeasure in case an order is not executed due to some reason. The order will be attempted every minute for the time (minutes) set here. For example, if you enter 15 (minutes), an order at 8:00 will be retried 16 times from 8:00 to 8:15. The retries will be for entry, close, limit and stop orders. NY_Closetime_Entry_Offset: Arbitrarily delays entry at rollover time (default: 0). NY_Closetime_Entry_Offset_Time: At what time should entry be delayed? (Initial: 0) ... Scheduled from ver1.12 There are some brokerage firms that do not accept new orders during the rollover time at the end of New York time (when swaps are granted). In addition, there is a concern that the spread during this time period will open sharply, resulting in a deterioration of performance. As a countermeasure, it is possible to intentionally delay orders only during the rollover period. If a number greater than 60 is entered in the "NY_Closetime_Entry_Offset" field, the order can be intentionally delayed only during the rollover period. You can intentionally disable the EA during the rollover period. Example 1: Forex trader with GMT+2, Summer+3] ... In the case of delaying a new order at 0:00 MT4 time by 6 minutes. NY_Closetime_Entry_Offset_Time・・・0 NY_Closetime_Entry_Offset・・・・6 (EA works at 0:06) Example 2: Forex firm with GMT+9] ... When a new order for rollover time is delayed by 10 minutes NY_Closetime_Entry_Offset_Time・・・・Enter 7 for US Standard Time period and 6 for US Daylight Saving Time period. NY_Closetime_Entry_Offset・・・・10 (Operates at 7:10 for the standard time period and 6:10 for the daylight saving time period) Example 3: Forex trader with GMT±0] ... If you want to disable all orders during rollover time NY_Closetime_Entry_Offset_Time... Enter 22 for the US standard time period and 21 for the US daylight saving time period. NY_Closetime_Entry_Offset...60 (EA will not run during rollover time)
*TABLE to set the EA to the 1-hour GBPJPY leg.Price: $237.62 (taxed)
¥37,800(taxed)
●Payment
Sales from : 08/24/2014 22:37
Price: $237.62 (taxed)
¥37,800(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
