WatersEdge_EA3

【WatersEdge_EA3について】 A cross-yen specialist, a Euro/Yen (EURJPY) focused “cutting losses, maximizing gains” type automated trading software (EA). It aims to maximize profits while limiting losses by targeting large price moves. - It features a loss-cutting, big-profit logic centered on classic indicators such as MA (moving average) and BB (Bollinger Bands), aiming for maximum profit while curbing losses. - It includes compounding functionality to reinvest profits and pursue further asset growth. - Long-term backtesting since 2006. Uses high-quality Tick Data Suite modeling with variable spreads. (Minimum spread is set to 2.0 pips)

・EURJPY M30-specific EA.

【Backtest Description】

Initial margin 1,000,000 yen, default lot size 0.12 (12,000 units), maximum drawdown about 150,000 yen, and profit about 3,330,000 yen.

Compound mode (with surplus margin), initial margin 1,000,000 yen, risk rate 12, relative drawdown 11.2% (about 2,800,000 yen), profit about 21,200,000 yen. (Please treat as a reference only)

【Quant Analyzer4 Analysis】

Results of running backtest results through analysis software. Please use as a reference.

【Parameter Explanations】 ・Magic Number A unique number used by the EA to identify positions. If running multiple EAs on the same MT4, ensure magic numbers do not overlap. ・Lot Size in Simple Interest / Lots Specify the number of lots when using simple interest. Set within a feasible range based on backtest results and maximum drawdown. This setting is not used when compounding. ・Position Comment / Comment Set the comment attached to the position. Change as needed.

・Spread Filter / MaxSpread If the spread exceeds this value, new positions will not be opened. When the filter is active, MT4 Expert log will display "Spread too high: exceeding spread > MaxSpread: spread set"

－－－ Compound Interest Item Description －－－ ・Compound Mode Select 'true' to compound, 'false' to not. ・Risk Rate / RiskRate Determines position lot size based on account balance. (Examples) If set to 5, 0.01 Lots / 100,000 yen If set to 10, 0.01 Lots / 100,000 yen If set to 50, 0.05 Lots / 100,000 yen Note: If based on account balance the position size would be less than 0.01 lot, it will enter at 0.01 lot.

・Capital Selection

Position size is determined by surplus margin or balance. If you select surplus margin, holding another position in the same account will deduct the required margin from the balance, and the lot size is calculated after adjusting profits and losses. ※ This EA supports not only JPY accounts but also USD, GBP, EUR, CHF accounts.

For the JPY pair, the lot size is calculated from the current values of USDJPY, GBPJPY, EURJPY, CHFJPY for each pip price.

【Frequently Asked Questions】 Q: Will the EA always make a profit? A: No. The EA trades according to a specific logic, but profits are not guaranteed. There is also a risk of loss due to market fluctuations. Q: Why do the forward test results differ from the published results? A: Because brokers have different tick rates and trading conditions, performance may differ. Treat forward-test results as reference values. Q: Is it okay to run this EA alongside other EAs on the same MT4? A: Yes. However, please ensure the magic numbers do not overlap when setting them. Q: Do I need to keep my PC on all the time to run the EA? A: Yes. To keep the EA running 24/7, you can either keep your PC on or use a VPS (virtual private server). Q: It does not enter a trade. A: Check the smile in the top-right corner of the chart. If the smile is displayed, the EA is properly configured. Also check whether the spread filter is not too strict. (When the spread filter is active, a log entry will be shown)