StarSpell_USDJPY
- 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...
⛀ Product Overview
StarSpell_USDJPYisa multi-strategy EAthat combinesseven major strategiesand the various sub-strategies derived from them into a single file.
With over 10 years of magical research and refinement,this isNacchan's confident creation.
This EA✦ Nacchanhas assembled only excellent strategies that she actually uses as her main tools, making this a super-value set.
I truly hesitated whether to list this wonderful EA, but I decided to do so because I want to share the joy of earning with FX with all buyers.
This EA employs the following types of strategies. It also considers the accumulation of speculative power and the flow of actual demand.
・Trend-following
・Counter-trend
・Breakout
・Goto-day (GOTO-Nichi)
・Anomaly
Mainly used for day trading, but positions may be held across days.
This is not a martingale averaging system.
However,since it is a collection of individual strategies, multiple positions may be held simultaneously.
The maximum number of simultaneous positions is set to 4 by default in the parameters, but it can be changed to your preferred number.
⛀ System Requirements
・Target currency pair:USDJPY only. It automatically adjusts for suffixes. Other currency pairs are not recommended but will still work.
・Supported accounts:Standard MT4 accounts(with a timezone ofWinter=GMT+2 / Summer=GMT+3).
・Daylight Saving Time switch:No special settings required
・Chart timeframe:H1
・Historical data:As long as the number of historical bars is not set extremely low,simply placing on an H1 chart is sufficient.If there are400 bars or candles, it will work well.
⛀ Backtest Results
Backtests show no extreme poor performance,and consistently demonstrate stable upward growth
Whether operated with simple interest or compound interest, it has maintained stable results.
It also has reasonable spread tolerance.
⊱10-yearcompound,spread 10, initial $10,000,BaseLotCapPer1MFM=35.0
⊱10-yearcompound,spread 25, initial $10,000,BaseLotCapPer1MFM=35.0
⊱10-yearsimple interest,spread 100, initial $10,000, BaseLotCap=0.4
⊱10-yearsimple interest,spread 25, initial $10,000, BaseLotCap=0.4
⛀ Parameter Settings
Usually,decide whether to operate with compound interest(Use compounding lot sizing) andlot size parametersBaseLotCap,BaseLotCapPer1MFM) to set. Other parameters can be adjusted as needed.
・Magic1~16: These are the magic numbers for each small strategy within this EA. If they conflict with other EAs, change them to unique values. Do not change the magic number while positions are held, as it may cause positions to be excluded from closing.
・UseCompoundingLotSizing:true=compound interest mode false=simple interest mode
・BaseLotCap: maximum lot size per position in simple interest mode. The EA will automatically adjust entry sizes based on this limit according to opportunity/risk. For example, with a broker that uses 0.1 lot = 10,000 units, a default of 0.3 means a maximum of 30,000 units per position. This is effective when UseCompoundingLotSizing=false.
・BaseLotCapPer1MFM: lot size setting in compound mode. When excess margin reaches 1,000,000, this is the maximum lot size per position. The EA will automatically adjust entry sizes based on opportunity/risk. Effective when UseCompoundingLotSizing=true.
・PerPosAbsoluteCap: absolute maximum lot size per position. Usually set to the maximum allowed by your broker. Both in compound and simple interest modes, this caps the base lot size. For a broker with 1 lot = 100,000 units, the default of 10.0 means 1 million units.
・G_MaxSpreadPts: maximum allowable spread at entry (in points). If the spread exceeds this, the EA skips the entry. For currency pairs with three decimal places, 30 points mean 0.030.
・G_MaxSlippagePts: maximum allowable slippage at entry (in points).
・G_MaxOpenPositions: maximum number of open positions at the same time. For a balanced risk/reward, 3 to 5 is recommended.
【Guideline for setting BaseLotCapPer1MFM in compound interest mode】
In compound interest mode, adjusting the value of allows you to change risk tolerance. The recommended setting values for running this EA alone are as follows:
・For Yen-based accounts:
・For USD-based accounts:
The default value of 0.30 is based on Yen accounts, so for USD accounts, this value is too small. You can run the EA without changing this parameter on Yen accounts, butto operate correctly on USD accounts, please modify this parameter accordingly.
⛀ Installation Procedure
Please search for "gogojungle EA installation procedure" on your preferred search engine.
Let's earn lots with the magic of Baito FX Warrior ✦ Nacchan!
⛀ Disclaimer
This EA is not investment advice. Results may vary depending on market conditions, broker specifications, order execution quality, etc.
Backtests do not guarantee future performance.
Please conduct thorough testing (via Strategy Tester and demo trading) and operate at your own risk on a live account.
Price: $493.41 (taxed)
¥79,900(taxed)
●Payment
Sales from : 09/09/2025 21:12
Price: $493.41 (taxed)
¥79,900(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
