USDJPY M5 Sniper cat
- 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...
【Features of the EA】
This is a recommended buy-on-dips and sell-on-rebounds EA for the USDJPY 5-minute chart.
It has recorded a steadily rising asset curve over 13 years of backtesting (based on past data, and does not guarantee future results).
Designed for simple operation with only one position at a time. It avoids the accumulation of risk through averaging down or increasing positions.
The design does not carry positions over the weekend, taking risk management into consideration.
The initial stop loss is set at 15 pips. It strictly adheres to logic-based loss cutting without unnecessary holding.
Once the unrealized profit reaches 10 pips after entry, the stop is moved to breakeven, minimizing loss risk during reversals.
Entry occurs when the conditions are met at the point when the most recent candlestick (the one before) is confirmed.
It does not rely on high-risk methods (such as averaging down or Martingale) and emphasizes stability with fixed lots and single position design.
【Parameter Explanation】
Magic1 Description: This item sets the magic number. Initial value: 20253946 Lots Description: This item sets the number of lots. Initial value: 1 Note: Please adjust as necessary according to your margin. StopLoss Description: Sets the stop loss value. Initial value: 15 Note: Can be changed as desired. TakeProfit Description: Sets the take profit value. Initial value: 500 Note: This value is mostly settled by internal logic, so it is often settled before reaching this number. Slippage Description: This item sets the allowable slippage. Initial value: 5 isMail Description: This function sends notifications via email at the time of entry. Initial value: True (enabled) Note: Email sending settings are required in the MT4 options. isBrakeEven Description: Selects whether to enable/disable the breakeven stop function. Initial value: True (enabled) BrakeEvenValue Description: Sets the unrealized profit (pips) to trigger the breakeven stop. Initial value: 10 CorrectionValue Description: You can set the stop loss at a favorable position compared to the breakeven. Initial value: 0 Note: For example, if set to 2, the stop will move to +2 pips. isSpreadFilter Description: Sets the enable/disable for the spread filter. Initial value: True (enabled) SpreadFilterValue Description: Limits entry when the spread exceeds this value. Initial value: 5 isExitByTime Description: Sets the enable/disable for the function to close positions at a specified time. Initial value: True (enabled) TimeCloseValue Description: Closes positions at the specified time (Friday 20:00). Initial value: Friday 20:00 (dependent on MT4 server time) Note: For example:In FXTF's summer time (GMT+3), it will close at 2:00 on Saturday.
WeekendStopValue Description: This setting prevents new entries before the weekend. Initial value: Friday 16:00 (dependent on MT4 server time) Note: For example: In FXTF's summer time (GMT+3), there will be no entries after 22:00 on Friday.
【Frequently Asked Questions (Q&A)】 Q: Can beginners use this? A: It is designed to be usable even with the basic settings. Q: Is a VPS necessary? A: If possible, we recommend using a VPS (Virtual Private Server) to prevent losses due to communication disconnections. Q: If I don't use averaging down or Martingale, does that mean it's over if I lose? A: If you lose, the design is to cut losses cleanly (SL: 15)..
Q: Why was my position closed immediately after entry? A: If the conditions for the closing logic are met at the time of entry, it may close immediately. This is a feature of this EA.
Q: Does this mean that while holding a position, if the entry conditions are met, no additional positions will be taken? A: Yes, while holding a position, even if the conditions for buying or selling are met, no additional entries will be made. This is because the maximum number of positions is set to one.
【Cautions】
This EA is an automated trading tool compatible with MT4.
The results mentioned are based on backtesting and do not guarantee future operational results.
There may be periods of poor performance depending on market conditions and volatility. Please understand the characteristics of the EA and operate with sufficient margin.
We are not responsible for any losses incurred from the use of this product. Please invest at your own risk.
This product does not replace the final decision of investment judgment, and please use it based on your own judgment and appropriate risk management.
The coupon will expire in 2 days.
Price: $215.75 (taxed)
¥34,800(taxed)
●Payment
Sales from : 05/26/2025 02:32
Price: $215.75 (taxed)
¥34,800(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
