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

NRX-044

NRX-044 Auto Trading
Expert Advisors
MetaTrader 4
Sales from
9/10/2025
Last Updated At
9/9/2025
Version
1.3
My Profile
TNK
  • Whole period
  • 2 years
  • 1 year
  • 6 months
  • 3 months
  • 1 month
Profit
-104,030JPY
Profit Factor
0.59
Rate of return risk  ?
-0.68
Average Profit
3,472JPY
Average Loss
-10,078JPY
Balance  ?
895,970JPY
Rate of return (all periods) ?
-13.36%
Win Rate
63.24% (43/68)
Maximum Position  ?
2
Maximum Drawdown  ?
19.10% (153,796JPY)
Maximum Profit
14,850JPY
Maximum Loss
-56,012JPY
Recommended Margin  ?
778,446JPY
Unrealized P/L
0JPY
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
[CHF/JPY]
Trading Style
[Scalping]
Maximum Number Position
2
Maximum Lot
0.44
Chart Time Frame
M5
Maximum Stop Loss
150
Take Profit
120
Straddle Trading
Yes
Application Type
Metatrader Auto Trading
Other File Usages
No


⛀ Backtesting and Analysis



⛀ EA Overview and Features

1. Overview

NRX-044 is a defensive scalping-type automated trading EA that aims for short-term trading using high-credit currencies such as the Swiss Franc and Japanese Yen, which are considered to have low geopolitical risk.


2. Features

It features a one-shot exit logic that completes trading within an average holding time of 7 hours during low price volatility morning hours. Additionally, our EA not only focuses on market strategies but also includes proprietary repeat order programs to improve order execution, various auxiliary functions to prevent human errors, auto-spread and trade information output, and other convenient features, aiming for comprehensive support from multiple aspects.


⛀ Logic

1. Entry

On medium to long-term timeframes, positions are taken only when technical conditions for contrarian trading align after recognizing the environment, including direction and volatility.

2. Settlement

  • One type of technical condition
  • Fixed TP and SL
  • Market order settlement based on volatility fluctuations (profit-taking and stop-loss)
Settlement occurs when any of the above five conditions are met. Since profit margins cannot be extended like trend-following strategies, trailing stops are not used.

3. Positions

Designed for one position on each side, with occasional hedging. Hedging can be controlled via parameters. The average holding time is about 8 hours for buys and just under 6 hours for sells. According to backtest analysis, the EA takes approximately 65 to 232 positions annually.


⛀ Trade Examples


⛀ Additional Specifications

  • Martingale and averaging down | None
  • Trailing stop | None
  • Weekend holding | Yes (can be changed)
  • Year-end and New Year pause | From 12/21 to 1/3 (no new entries, only settlements)
  • GMT | Dedicated for winter +2 / summer +3 (daily candles of 5)
  • Number of chart bars | Over 1000


⛀ Parameters and Chart Screen



⛀ Included Auxiliary Functions and Logic

  • Automatic chart setup
  • Chart comments
  • Chart changes during error states
  • Central chart information
  • Duplicate magic number alert
  • GMT0 operation restriction control
  • Notification comment disappearance countermeasures
  • Trade line, pip display, simple aggregation
  • Auto-spread
  • Trade information CSV output (example image provided)
  • No new entries during server midnight hours
  • Settlement spread filter
  • Gap filter
  • Year-end and New Year control
  • Margin shortage and trade permission check
  • Order execution enhancement through proprietary repeat orders


⛀ Additional Information

1. GMT

Dedicated for daily candles of 5 (GMT: winter +2 / summer +3).
This is because it references daily technicals. Please ensure to select a broker that provides daily candles of 5.


2. Markets that are not suitable

The logic of this EA assumes a calm market environment.
Therefore, it has low resilience to strong trends or sudden surges and drops. If such market tendencies persist and performance declines, the EA's advantage may be considered diminished.

 

3. Development Notes

Developed and adjusted using historical data from Dukascopy provided by TDS.
This EA is a trial-and-error effort to overcome issues encountered with the previously created WRN CHFJPY. However, it could not be updated to an improved version of WRN because the magic number differs.


4. Forward Testing Before Release

The images show the forward test results of the version before release. The logic has been fine-tuned from these results.


5. Web Manual

The manual includes instructions on how to set up the EA, how to interpret the chart screen, detailed parameter explanations, and auxiliary functions. It is summarized in an article titled "EA Manual" on Investment Navi+.Please refer to it as needed.


Sales from :  09/10/2025 21:37
Purchased :  0 times

Price: $138.24 (taxed)

¥22,000(taxed)

Provider/Distributor:
Sales site:

Payment

Master VISA JCB
Forward Test
Back Test

Sales from :  09/10/2025 21:37
Purchased :  0 times

Price: $138.24 (taxed)

¥22,000(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)