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

Color Your Life V1 Plus3

Color Your Life V1 Plus3 Auto Trading
Expert Advisors
MetaTrader 4
Sales from
4/2/2015
Last Updated At
8/3/2018
Version
1.5
My Profile
CY
  • Whole period
  • 2 years
  • 1 year
  • 6 months
  • 3 months
  • 1 month
Profit
109,203JPY
Profit Factor
1.04
Rate of return risk  ?
1.13
Average Profit
1,795JPY
Average Loss
-2,051JPY
Balance  ?
1,109,203JPY
Rate of return (all periods) ?
42.45%
Win Rate
54.32% (1647/3032)
Maximum Position  ?
1
Maximum Drawdown  ?
22.44% (96,277JPY)
Maximum Profit
6,720JPY
Maximum Loss
-11,950JPY
Recommended Margin  ?
257,256JPY
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
[USD/JPY]
Trading Style
[Day Trading]
Maximum Number Position
1
Maximum Lot
1
Chart Time Frame
M15
Maximum Stop Loss
100
Take Profit
50
Straddle Trading
No
Application Type
Metatrader Auto Trading
Other File Usages
No
About EA.  Color Your Life V1 Plus3 is an EA developed based on Color Your Life V1 under the recent 3-year movement of USDJPY. The features of Color Your Life V1 Plus3 are the same as those of Color Your Life V1, but with the addition of a post-entry verification function. No-stress, long-term asset management can be expected. About the post-entry verification function  The post-entry verification function is a function that verifies whether the entry was a good one or not after a certain period of time has passed, instead of waiting until the SL or TP reaches the set SL or TP after the entry. This is a function to verify again after a certain period of time whether it was a good idea to make that entry. If the situation is the same as when the entry was made, the market will continue to hold, but if the situation has changed, the loss will be cut immediately. This minimizes the loss when the market is at a disadvantage. Comparison of V1 and Plus3 The following two charts show that Plus3 is superior to V1 in terms of PF, maximum drawdown, and total profit. In the last 3 years, both EAs have been making steady profits, but Plus3 has performed better. On the other hand, in terms of winning percentage, V1 is still higher, so the following chart confirms that each has its own strengths. It is hard to say whether one of them will be more profitable in the future, but if you want to manage your assets for the long term, the best thing to do is to diversify your funds as much as possible. Please consider this. v2.1.jpg plus3.jpg [About the parameters of the deformer]. CYL_UseAutoTime=true If true, the parameters in [ ] below do not need to be set. The time is calculated automatically. CYL_OpenDay, CYL_OpenHour, CYL_Use_WeekClose_Function, CYL_ExitDay, CYL_ExitHour, CYL_ExitMinute】 CYL_OpenDay=0 (Trade start day of the week, 0=Sun, 1=Mon, 2=Tue, 3=Wed, 4=Thu, 5=Fri, 6=Sat) CYL_OpenHour=0 (Trade start time. 1=Mon, 2=Tue, 3=Wed, 4=Thu, 5=Fri, 6=Sat) CYL_Use_WeekClose_Function=true (Weekend close function, true=use, false=not use) CYL_ExitDay=5 (If weekend close function is used, specify the close day of the week) CYL_ExitDay=5 (If you do not use the weekend close function, you can ignore this setting.) CYL_ExitHour=21/20 (winter time / daylight saving time) (If you use the weekend close function, specify the close time.) (If you do not use this function, you may ignore this setting.) CYL_ExitMinute=1 (When using the weekend close function, specify the close minute.) (If you do not use this function, you may ignore this setting.) CYL_Use_MM_Function (True means compound interest, false means simple interest. When compounding, the optimal number of lots for the funds is automatically calculated based on the CYL_AllowRisk parameter below, so you can ignore the CYL_Lots parameter below. CYL_AllowRisk (This parameter determines how much risk you are willing to accept in relation to your margin balance. If you wish to operate with compound interest, this field is required. For example, if you wish to operate with a maximum allowable loss of 10% of the maximum excess margin and compound interest, enter "10" here. If you are willing to take a little risk and want to compound all the surplus margin with a maximum allowable loss for high return, enter "100". If =false, you may ignore this option. CYL_slippage=3 If slippage is greater than this value, no entry will be made. Unit Pips CYL_MaxSpreak Entry is inhibited when the spread exceeds this value. Unit Pips CYL_Lots=0.1 (As written. If you use the compounding function, you can ignore this) CYL_MagicNumber=20150315 Magic Number is an authentication function used to manage EAs and open positions when using EAs for automated trading in MetaTrader. (Please set it to an integer value other than 0. When operating multiple EAs, the magic number for each EA should be different.) -CYL_TP=50 (Profit taking. If it exceeds the set value, it will be forced to close. This EA will automatically adjust to "1=1 Pips" regardless of whether it is a 4-digit or 5-digit vendor, so please do not worry) CYL_SL=100 (Stop-loss, if it exceeds the set value, it will be forced to close. This EA will automatically adjust to "1=1 Pips" regardless of whether you are a 4-digit or 5-digit trader, so don't worry) CYL_Want_Imformation (This is a function to visualize the parameters you have set, whether true or false, it has no effect on the logic. If you want to reduce the burden on your computer, you can choose "false". If you want to reduce the burden on your computer, you can choose "false". CYL_OrderComment=Color Your Life V1 Plus3 This is an order comment. If you are running multiple EAs, you can tell which EA issued the order by the comment you set. CYL_OrderRetry (false) added since Ver1.5 If the spread suddenly widens and exceeds the limit when placing an order, the order will fail. Some brokers will invalidate the failed order, while others will store the order and execute it at once at a certain point in time. In the latter case, there is a risk of being forced to hold multiple positions. We have created this parameter to hedge that risk. The default is false, i.e., if the order fails, it shall not be re-executed. The default setting is recommended. However, please note that not reordering may cause differences from the forward test in the week in which the order failure occurs. About "Recommended Funds Recommended capital = minimum margin requirement + maximum drawdown*1.5 times the back-tested maximum drawdown The drawdown of "Color Your Life V1 Plus3" is relatively small, only about 180 pips in case of 0.1 lot, so using the above formula to calculate the case of 10,000 foreign currencies (0.1 lot), we get Recommended investment capital = 40,000 yen (at 25 times leverage in Japan) + 27,000 yen (in the case of 10,000 foreign currencies, a loss of 18,000 yen * 1.5 times the maximum drawdown is encountered). It is about "67,000 yen". You can start with a small amount. The above is just my opinion on how much money I need to invest in EA, but for your reference. *FXTF is a little bit special, 10,000 foreign currencies = 1 lot, while most of the other firms require 10,000 foreign currencies = 0.1 lot. ■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■■ (Notes) Please be aware that the results of trades may differ even with the same broker due to line conditions, spreads, and other factors. The EA is characterized by the fact that the trend is partly determined by the shape of the candles, so the entry timing may differ depending on the timing of the EA. Therefore, the EA should be launched before the market opens on Monday. Also, please note that if you stop and restart the EA's automated trading without closing MT4 before an indicator is announced, etc., the EA may be entered immediately. We recommend the use of the weekend close function to hedge risk. All times in the default parameters are Japan time. When operating Color Your Life and other series at the same time, please refrain from operating in accounts that do not allow double-digit trading, as this may cause double-digit trading. The single interest rate backtests shown here were conducted with a starting capital of 100,000 yen using the weekend close function and 0.1 lots. The MM compounding function is only available for Yen and Dollar accounts. Please understand this in advance. For simple interest, there are no restrictions on accounts. Please remember that while you can expect to make a profit from your investment, you are always taking on risk as well. Please do not overdo it and set the number of lots appropriate for your funds. Also, the information posted on this website is only past performance. However, as with all investment products, there is no guarantee that you will make a profit. Please operate at your own risk. After purchasing this EA, we recommend that you try it out in a demo or back-test account and if there are no problems, you should start using it in a real account. Many of you bought this EA in order to expect long-term asset management, but we believe that it is best to manage your assets as safely and securely as possible without having to fight for every second of every minute. In addition, depending on the timing of this EA, the entry timing may differ from the fxon forward test, so if you purchased this EA in the middle of the week, if you are not in a hurry, you may want to operate it in a demo account until Monday and start at the beginning of the week. If you are not in a hurry, it would be better to run your account in a demo account until Monday and start at the beginning of the week. We will periodically perform EA maintenance and make improvements. Please note that we may improve the logic of the EA if we judge that it is a good match for your needs. If there are any version upgrades, we will notify you on our blog, etc., so please always get the new version. Please keep your EAs up to date with new versions. Even if your EA vendor is not on the list of companies that can be operated, please let us know and we will test it. Also, the back test was conducted at 1.0 pips, so we recommend 1.0 pips or less in real life. Please feel free to contact FX-ON Support for more information on how to connect, etc. Thank you very much for reading to the end. If you have any questions, please feel free to contact us.
Sales from :  04/02/2015 05:38
Purchased :  6 times

Price: $216.38 (taxed)

¥35,000(taxed)

Provider/Distributor:
Sales site:

Payment

Master VISA JCB
Forward Test
Back Test

Sales from :  04/02/2015 05:38
Purchased :  6 times

Price: $216.38 (taxed)

¥35,000(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)