Day trading Dow Theory FX MT4 automated trading EA
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※Displays results including swaps and fees
Forward testing (Profit)
Monthly Statistics
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About EA's Strategy
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| “Dow Theory” Automatic Trading EA - Day Trading- ☆Key Overview & Features Billionaire Traderloves this method, “Dow Theory Trend Reversal Initial Move ~ Near the 3rd Wave Zone targets automatic entry & exit is performed, a MT4 automatic trading program. [AUD/JPY][NZD/USD][AUD/USD][EUR/AUD][NZD/JPY]] is for simultaneous operation of 5 currencies. Installation Method:MT4 EA (Expert Advisor), Indicator installation steps -Table of Contents-(Click/Tap to go to explanations)
Method 6・EMA20 Granville’s Rule
|
♢A Rare EA that automates the one-hour bullish trend-following trading used by Billionaire Trader.
The one-hour bullish trend-following trades have fewer trades, so compared to scalping there is less flashiness and the EA had not stood out, but this product ensures a moderate number of trades.
Also, for those already using scalping EAs, entering at different timings provides diversification.
♢Low spread/commission share per trade Therefore can operate with spreads of 20–30.
Because the main timeframe is the 1-hour, compared to scalping methods, the per-trade spread/fees share is low, and the spread supports up to 30 (MT4 display)..
“Even with a broker where spreads are wide but there are beneficial services, you can still use effectively”..
①基本はDow Theoryによる判断。
Dow Theory Trend-following Support System (DTS) installed
♢What is the DTS Support System? (EA version 10 and above)
High/Low rising or falling is automatically detected.On a high rising situation, only buys are made, blocking sell counter-trend, and on a low falling situation, only sells are made, blocking buy counter-trend.
This function flexibly adapts to actual market movement, not just past test results.
To enter based on Dow Theory,4-hour to 1-hour trend state,recognition of past momentum strengths, current value relative position, and references to past support/resistance lines.
The system constantly monitors conditions two to three bars earlier (as per Wyler’s definitions).
After activation, the program begins collecting information necessary to uncover Dow Theory.
♢Entry is based on Dow Theory trend reversal judgment
There are two concepts for Dow Theory trend reversal.
Dow Theory① Trend Reversal (Break of swing low/high)
Buy: when the low of the base point is recaptured by the candle body rising above the neckline
Sell: when the high of the base point breaks below (neckline) by the candle body.
Dow Theory② Trend Reversal (Higher highs / Higher lows and Lower highs / Lower lows)
Buy: when highs/lows are rising
Sell: when highs/lows are falling
The entry points this EA targets are
Dow Theory① and Dow Theory ② trend reversals both achieved.
or
Dow Theory① Neckline break not achieved, but highs/lows rising/falling. Dow Theory ② trend reversal achieved (including on lower timeframes)
This area where these two patterns are achieved for a certain period is the basic entry point..
♢Why Dow Theory?
When more investors place buy orders, prices rise; when more place sell orders, prices fall.
Dow Theory is watched by many investors, so if you can uncover it you can ride the market direction. Of course accuracy is not 100%, but we attempt to improve the probability of trading direction alignment based on Dow Theory.
In daily terms, “When it rains, carry an umbrella; on the battlefield carry weapons; in strong UV carry sunscreen and a parasol,” optimal actions, even if a momentary failure occurs, continue with the same approach in future without wobbling.
Similarly in FX, using Dow Theory as one basis, consistently repeating high-advantage actions yields profitability.② Diversify Entry Timing for Method 1.After the Dow Theory trend reversal initial move (support/ resistance reversal) the entry timing is prepared with 6 methods.1. “EMA20 Granville’s Law”Buy: Moving average is rising + Low touches moving average + Close above moving averageSell: Moving average is falling + High touches moving average + Close below moving averageMA20 is the Moving Average Exponential Moving Average (Exponential Moving Average)This is an entry position that integrates momentum and retracements. It often clears Dow Theory ① and ②.♢Each method can be turned on/off※ If you limit methods, trades from the disabled methods will decrease accordingly.♢When a position is held, a comment shows which method was used to enter.③ Macro recognition(environment recognition) is automatic♢What is macro recognition? Align the trading direction with a larger timeframe than the entry timeframe to significantly improve trading accuracy in FX.For example, if the entry timeframe is bullish but the larger timeframe moves bearish, you are more likely to be pulled into that flow and go down, so we align directions as much as possible.This EA has macro recognition built-in by default, it automatically monitors the 4-hour and daily conditions from the 1-hour chart. It can monitor multiple charts 24 hours a day, which is a strength.Environmental recognition is indispensable, but doing it manually by switching charts repeatedly takes time and effort. This significantly reduces that burden and automatically determines market conditions.Furthermore lower timeframe environments equivalent to 30-minute, 10-minute, 5-minute, 1-minute are monitored.The system can instantly identify ranges beyond what discretionary judgement can cover, enabling consistent high-advantage actions over time to aim for profitabilityIn macro environment recognition there is no parameter field, thus fully automatic, so there is no judgment drift, omission, or error.Also, Dow Theory achievement does not imply entering anywhere; it selects optimal environments where results are likely and enters, so if the situation is not good it will be a passive state of “watching/doing nothing,” ensuring disciplined trading.④Variable Take-Profit System installedPositions reach a stage where profits follow the trend after meeting certain conditions. The take-profit target changes flexibly according to market conditions.☆ What is Variable Take-Profit?・If the attainable profit is small, aim for take-profit at around 1x risk-reward.・In situations where profit expansion is expected, target a risk-reward of 2x or more to aggressively pursue profits.Thus, take-profit targets flexibly adjust.While maintaining a high win rate, the profit rate is also ensured.☆ Risk-reward strategyThere is a view that high win rate is not necessary to maximize returns.For example, with a risk-reward of 3 and wins:losses of 3:1 system,three trades with +3, -1, -1 results in total +1, PF 1.5, and win rate 33% could still be profitable.This EA emphasizes profitability accumulation by overall profit rate rather than win rate; win rate emerges as a result, not something to be forced.☆ Maximum Take-Profit and ExitWhen a certain price range is reached, it is deemed to have peaked and closes without trailing profitThis is accomplished by two take-profits: trailing profit and peak take-profit.⑤ Time Theory ImplementedNot only vertical price movements but the horizontal axis is also heavily considered.Beyond simple Dow Theory judgments, the entry period after trend reversal is designed to capture the initial move.From the moment of trend reversal, positions that are too late on charts where time has passed are avoided, and entry is avoided at points where energy has been drained from rising or falling too much after trend reversal.“Enter intensively during the initial move, and do not enter during the trend stagnation period.”This repetition strengthens the edge.⑥ Swap-focused Mode Implemented+ Swap direction-only trading can be freely configuredParameter settings can be adjusted in the EA application’s settings screen.Set the method to a “high win rate type,” and use only “+ swap trading direction” if desired.Example: set to buy + swap direction only for USDJPYThis EA tolerates negative swaps for maximizing profits, so normally buy and sell are both on = true. However, if you are concerned about negative swaps or prefer stability over maximum profit, this feature is available.Setting is optional, but this EA performs best when both buy and sell profits are capturedIf you stop one side, the number of trades decreases.☆ About Stop LossStop loss pointsWhen auto trading is enabled, stop losses are automatically triggered.Stop loss plays an important role to prevent larger losses.However,・You may not know where to place stop loss.・Stops may be too close, causing early take-profit.・After entry, if the price goes against you and stops out, it may bounce back and you regret missing profits.・Dow Theory direction reverses so you stop out, but overall profit may not be positive.In such cases, this EA automatically places stop loss at the most balanced level, eliminating worry.1. Normal stop lossAfter entry, performance-prioritized stop loss is automatically placed and functions.2. Trailing stopTrailing profits until time passes or price reverses.3 . Time break-evenIf the position is negative after entry and enough time passes, it closes to prevent large losses.♢ Risk managementThis EA is designed to maximize performance, and although there is risk, overcoming it yields large returns. However, risk is always present,“Not something anyone can simply do, like ‘easy to buy,’ or ‘hands-off’”Please preliminarily adjust so that it fits your risk appetite.Point ①Number of positions can be 10 or more may hold.Initial setting 0.1 LOT (10,000 units) may hold 100,000 units or morePoint ②Estimated large loss risk is set to 0.1 LOT, about -100,000 to (-10%)To prevent unforeseen losses,adjust your lot size and maximum positions in line with your funds.☆ Determine LOT size by acceptable loss (%)Example: With 1,000,000 margin, limit loss to -50,000 (-5%), so set to 0.05 LOT☆ Method for setting maximum number of positions.Example: set maximum positions to 1 and hold a maximum of 1 position (10,000 units)☆ Adjust LOT size based on resultsExample: increase by 0.01 LOT when +200,000☆ Increase LOT size over time as results improveExample: maintain gains and increase by 0.01 LOT every 30 daysFirst, it’s best to verify with a demo to grasp its behavior.Q. How long until results appear?A. Real trading performance is generally good and comparable to tests, but depending on timing, it may take three months or longer to see results. In other words, please trial for at least three months.Q. What kind of wins do you get?Win rate about 65%,but the system emphasizes profit when the total wins exceed total losses (risk-reward). PF is about 1.75–2.0.Average holding time is about 8–12 hours; occasionally up to almost 3 days.Note: These are averages from historical data and not guaranteed.☆ There are timesThat it may differ from expectations after purchase; to avoid disappointment, we also explain negatives.Tests show results are favorable in real trading with fewer gaps, but there are many periods of drawdown while waiting for take-profit.Even when the 1-hour Dow Theory is broken in drawdown, the 4-hour chart often rebounds. If the 4-hour chart also breaks, larger losses can occur; however this is a necessary part of overall winning performance.Nevertheless, because stop losses are properly executed, you won’t accumulate excessive drawdown and you can check max drawdown in the metrics.Also, although the 1-hour focus is “short-term trading,” compared to ultra-short timeframes like 5 minutes it takes longer to see results, which can feel frustrating.☆ Special notes・This EA is developed based on Dow Theory.In actual entry timing, further optimization is applied to focus on points that maximize profitability.・Even if Dow Theory trend reversal occurs in drawdown, if stopping out would degrade performance, entries continue.・Chart interpretation varies by individual; especially Dow Theory judgments on what constitutes swing lows and highs can be subjective. Please review the publicly shown trading history on this page and consider before purchasing.☆ Benefits of AutomationProcess at speeds humans cannot achieve (instantaneously)・ During work, chores, parenting, travel, or important events, it automatically enters and exits trades.・ No need for indicator-based alerts Even if you respond after alerts, the market may move too quickly to catch it.The EA executes entries and exits automatically when indicator alert points are reached.・ Trades occur during late-night hoursThe major overseas markets operate during the night in Japan. Entering or exiting during these sleepy hours is impractical.・ Never miss opportunitiesEven if you are about to enter and miss timing, you won’t be late in rising prices.・ No need to place limit or stop orders precisely.Compared to discretion, there are fewer mistakes・ Improves time efficiencyLetting the system handle operations frees you to focus on daily tasks.The system monitors areas beyond what discretion can cover, making it suitable for people who are busy with life and want FX without time for constant monitoring.“People who want to trade FX but have no time due to work, chores, parenting, etc., or get easily emotional and want to hold positions”☆ FinalThank you for reading this far.FX is about capturing advantages from Dow Theory, risk-reward, and momentum movements, and promptly acting on optimized behavior. Optimize actions thoroughly.However, with discretion (one’s timing), people often get lost among the forest and miss the trees due to emotions and doubt.If you compare it to dice, even if the odds are 66.6% across many throws, many people stop out after a string of 33.3% losses and quit.Indeed, if the method rarely yields wins it would be a losing gamble, and “this is no good” would be a fair conclusion.Yet even if a correct method is found, people fear continuing losses and quit.Also in FX there are too many options and too much information, making it hard to decide what is best. Have you ever felt this?I personally spent five years exploring through trial and error due to too many options.Using this automatic trading EA removes the need to spend enormous time on FX research.And consistent profitable actions lead to gains despite some drawdowns, which is the fundamental approach of investing.Please consider this product.In the future, as part of the Dow Theory series, signals for MACD, Parabolic, Ichimoku, etc., will also be created ♪☆ Developer Articles・Product Manual: Settings needed after purchase・How to read data on the System Trading page consistently repeating high-advantage actions yields profitability.
② Diversify Entry Timing for Method 1.
After the Dow Theory trend reversal initial move (support/ resistance reversal) the entry timing is prepared with 6 methods.1. “EMA20 Granville’s Law”Buy: Moving average is rising + Low touches moving average + Close above moving averageSell: Moving average is falling + High touches moving average + Close below moving averageMA20 is the Moving Average Exponential Moving Average (Exponential Moving Average)This is an entry position that integrates momentum and retracements. It often clears Dow Theory ① and ②.♢Each method can be turned on/off※ If you limit methods, trades from the disabled methods will decrease accordingly.♢When a position is held, a comment shows which method was used to enter.③ Macro recognition(environment recognition) is automatic♢What is macro recognition? Align the trading direction with a larger timeframe than the entry timeframe to significantly improve trading accuracy in FX.For example, if the entry timeframe is bullish but the larger timeframe moves bearish, you are more likely to be pulled into that flow and go down, so we align directions as much as possible.This EA has macro recognition built-in by default, it automatically monitors the 4-hour and daily conditions from the 1-hour chart. It can monitor multiple charts 24 hours a day, which is a strength.Environmental recognition is indispensable, but doing it manually by switching charts repeatedly takes time and effort. This significantly reduces that burden and automatically determines market conditions.Furthermore lower timeframe environments equivalent to 30-minute, 10-minute, 5-minute, 1-minute are monitored.The system can instantly identify ranges beyond what discretionary judgement can cover, enabling consistent high-advantage actions over time to aim for profitabilityIn macro environment recognition there is no parameter field, thus fully automatic, so there is no judgment drift, omission, or error.Also, Dow Theory achievement does not imply entering anywhere; it selects optimal environments where results are likely and enters, so if the situation is not good it will be a passive state of “watching/doing nothing,” ensuring disciplined trading.④Variable Take-Profit System installedPositions reach a stage where profits follow the trend after meeting certain conditions. The take-profit target changes flexibly according to market conditions.☆ What is Variable Take-Profit?・If the attainable profit is small, aim for take-profit at around 1x risk-reward.・In situations where profit expansion is expected, target a risk-reward of 2x or more to aggressively pursue profits.Thus, take-profit targets flexibly adjust.While maintaining a high win rate, the profit rate is also ensured.☆ Risk-reward strategyThere is a view that high win rate is not necessary to maximize returns.For example, with a risk-reward of 3 and wins:losses of 3:1 system,three trades with +3, -1, -1 results in total +1, PF 1.5, and win rate 33% could still be profitable.This EA emphasizes profitability accumulation by overall profit rate rather than win rate; win rate emerges as a result, not something to be forced.☆ Maximum Take-Profit and ExitWhen a certain price range is reached, it is deemed to have peaked and closes without trailing profitThis is accomplished by two take-profits: trailing profit and peak take-profit.⑤ Time Theory ImplementedNot only vertical price movements but the horizontal axis is also heavily considered.Beyond simple Dow Theory judgments, the entry period after trend reversal is designed to capture the initial move.From the moment of trend reversal, positions that are too late on charts where time has passed are avoided, and entry is avoided at points where energy has been drained from rising or falling too much after trend reversal.“Enter intensively during the initial move, and do not enter during the trend stagnation period.”This repetition strengthens the edge.⑥ Swap-focused Mode Implemented+ Swap direction-only trading can be freely configuredParameter settings can be adjusted in the EA application’s settings screen.Set the method to a “high win rate type,” and use only “+ swap trading direction” if desired.Example: set to buy + swap direction only for USDJPYThis EA tolerates negative swaps for maximizing profits, so normally buy and sell are both on = true. However, if you are concerned about negative swaps or prefer stability over maximum profit, this feature is available.Setting is optional, but this EA performs best when both buy and sell profits are capturedIf you stop one side, the number of trades decreases.☆ About Stop LossStop loss pointsWhen auto trading is enabled, stop losses are automatically triggered.Stop loss plays an important role to prevent larger losses.However,・You may not know where to place stop loss.・Stops may be too close, causing early take-profit.・After entry, if the price goes against you and stops out, it may bounce back and you regret missing profits.・Dow Theory direction reverses so you stop out, but overall profit may not be positive.In such cases, this EA automatically places stop loss at the most balanced level, eliminating worry.1. Normal stop lossAfter entry, performance-prioritized stop loss is automatically placed and functions.2. Trailing stopTrailing profits until time passes or price reverses.3 . Time break-evenIf the position is negative after entry and enough time passes, it closes to prevent large losses.♢ Risk managementThis EA is designed to maximize performance, and although there is risk, overcoming it yields large returns. However, risk is always present,“Not something anyone can simply do, like ‘easy to buy,’ or ‘hands-off’”Please preliminarily adjust so that it fits your risk appetite.Point ①Number of positions can be 10 or more may hold.Initial setting 0.1 LOT (10,000 units) may hold 100,000 units or morePoint ②Estimated large loss risk is set to 0.1 LOT, about -100,000 to (-10%)To prevent unforeseen losses,adjust your lot size and maximum positions in line with your funds.☆ Determine LOT size by acceptable loss (%)Example: With 1,000,000 margin, limit loss to -50,000 (-5%), so set to 0.05 LOT☆ Method for setting maximum number of positions.Example: set maximum positions to 1 and hold a maximum of 1 position (10,000 units)☆ Adjust LOT size based on resultsExample: increase by 0.01 LOT when +200,000☆ Increase LOT size over time as results improveExample: maintain gains and increase by 0.01 LOT every 30 daysFirst, it’s best to verify with a demo to grasp its behavior.Q. How long until results appear?A. Real trading performance is generally good and comparable to tests, but depending on timing, it may take three months or longer to see results. In other words, please trial for at least three months.Q. What kind of wins do you get?Win rate about 65%,but the system emphasizes profit when the total wins exceed total losses (risk-reward). PF is about 1.75–2.0.Average holding time is about 8–12 hours; occasionally up to almost 3 days.Note: These are averages from historical data and not guaranteed.☆ There are timesThat it may differ from expectations after purchase; to avoid disappointment, we also explain negatives.Tests show results are favorable in real trading with fewer gaps, but there are many periods of drawdown while waiting for take-profit.Even when the 1-hour Dow Theory is broken in drawdown, the 4-hour chart often rebounds. If the 4-hour chart also breaks, larger losses can occur; however this is a necessary part of overall winning performance.Nevertheless, because stop losses are properly executed, you won’t accumulate excessive drawdown and you can check max drawdown in the metrics.Also, although the 1-hour focus is “short-term trading,” compared to ultra-short timeframes like 5 minutes it takes longer to see results, which can feel frustrating.☆ Special notes・This EA is developed based on Dow Theory.In actual entry timing, further optimization is applied to focus on points that maximize profitability.・Even if Dow Theory trend reversal occurs in drawdown, if stopping out would degrade performance, entries continue.・Chart interpretation varies by individual; especially Dow Theory judgments on what constitutes swing lows and highs can be subjective. Please review the publicly shown trading history on this page and consider before purchasing.☆ Benefits of AutomationProcess at speeds humans cannot achieve (instantaneously)・ During work, chores, parenting, travel, or important events, it automatically enters and exits trades.・ No need for indicator-based alerts Even if you respond after alerts, the market may move too quickly to catch it.The EA executes entries and exits automatically when indicator alert points are reached.・ Trades occur during late-night hoursThe major overseas markets operate during the night in Japan. Entering or exiting during these sleepy hours is impractical.・ Never miss opportunitiesEven if you are about to enter and miss timing, you won’t be late in rising prices.・ No need to place limit or stop orders precisely.Compared to discretion, there are fewer mistakes・ Improves time efficiencyLetting the system handle operations frees you to focus on daily tasks.The system monitors areas beyond what discretion can cover, making it suitable for people who are busy with life and want FX without time for constant monitoring.“People who want to trade FX but have no time due to work, chores, parenting, etc., or get easily emotional and want to hold positions”☆ FinalThank you for reading this far.FX is about capturing advantages from Dow Theory, risk-reward, and momentum movements, and promptly acting on optimized behavior. Optimize actions thoroughly.However, with discretion (one’s timing), people often get lost among the forest and miss the trees due to emotions and doubt.If you compare it to dice, even if the odds are 66.6% across many throws, many people stop out after a string of 33.3% losses and quit.Indeed, if the method rarely yields wins it would be a losing gamble, and “this is no good” would be a fair conclusion.Yet even if a correct method is found, people fear continuing losses and quit.Also in FX there are too many options and too much information, making it hard to decide what is best. Have you ever felt this?I personally spent five years exploring through trial and error due to too many options.Using this automatic trading EA removes the need to spend enormous time on FX research.And consistent profitable actions lead to gains despite some drawdowns, which is the fundamental approach of investing.Please consider this product.In the future, as part of the Dow Theory series, signals for MACD, Parabolic, Ichimoku, etc., will also be created ♪☆ Developer Articles・Product Manual: Settings needed after purchase・How to read data on the System Trading page
1. “EMA20 Granville’s Law”
Buy: Moving average is rising + Low touches moving average + Close above moving averageSell: Moving average is falling + High touches moving average + Close below moving average
MA20 is the Moving Average Exponential Moving Average
This is an entry position that integrates momentum and retracements. It often clears Dow Theory ① and ②.
♢Each method can be turned on/off
※ If you limit methods, trades from the disabled methods will decrease accordingly.
♢
③ Macro recognition( is automatic
♢What is macro recognition?
Align the trading direction with a larger timeframe than the entry timeframe to significantly improve trading accuracy in FX.
For example, if the entry timeframe is bullish but the larger timeframe moves bearish, you are more likely to be pulled into that flow and go down, so we align directions as much as possible.
This EA has macro recognition built-in by default,
it automatically monitors the 4-hour and daily conditions from the 1-hour chart. It can monitor multiple charts 24 hours a day, which is a strength.
Environmental recognition is indispensable, but doing it manually by switching charts repeatedly takes time and effort. This significantly reduces that burden and automatically determines market conditions.
Furthermore lower timeframe environments equivalent to 30-minute, 10-minute, 5-minute, 1-minute are monitored.
The system can instantly identify ranges beyond what discretionary judgement can cover, enabling consistent high-advantage actions over time to aim for profitability
In macro environment recognition there is no parameter field, thus fully automatic, so there is no judgment drift, omission, or error.
Also, Dow Theory achievement does not imply entering anywhere; it selects optimal environments where results are likely and enters, so if the situation is not good it will be a passive state of “watching/doing nothing,” ensuring disciplined trading.
④Variable Take-Profit System installed
Positions reach a stage where profits follow the trend after meeting certain conditions. The take-profit target changes flexibly according to market conditions.
☆ What is Variable Take-Profit?
・If the attainable profit is small, aim for take-profit at around 1x risk-reward.
・In situations where profit expansion is expected, target a risk-reward of 2x or more to aggressively pursue profits.
Thus, take-profit targets flexibly adjust.
While maintaining a high win rate, the profit rate is also ensured.
☆ Risk-reward strategy
There is a view that high win rate is not necessary to maximize returns.
For example, with a risk-reward of 3 and wins:losses of 3:1 system,
three trades with +3, -1, -1 results in total +1, PF 1.5, and win rate 33% could still be profitable.
This EA emphasizes profitability accumulation by overall profit rate rather than win rate; win rate emerges as a result, not something to be forced.
☆ Maximum Take-Profit and Exit
This is accomplished by two take-profits: trailing profit and peak take-profit.
⑤ Time Theory Implemented
Not only vertical price movements but the horizontal axis is also heavily considered.
Beyond simple Dow Theory judgments, the entry period after trend reversal is designed to capture the initial move.
From the moment of trend reversal, positions that are too late on charts where time has passed are avoided,
“Enter intensively during the initial move, and do not enter during the trend stagnation period.”
This repetition strengthens the edge.
⑥ Swap-focused Mode Implemented
+ Swap direction-only trading can be freely configured
Parameter settings can be adjusted in the EA application’s settings screen.
This EA tolerates negative swaps for maximizing profits, so normally buy and sell are both on = true. However, if you are concerned about negative swaps or prefer stability over maximum profit, this feature is available.
If you stop one side, the number of trades decreases.
When auto trading is enabled, stop losses are automatically triggered.
In such cases, this EA automatically places stop loss at the most balanced level, eliminating worry.
After entry, performance-prioritized stop loss is automatically placed and functions.
3
♢ Risk management
This EA is designed to maximize performance, and although there is risk, overcoming it yields large returns.
However risk is always present,
“Not something anyone can simply do, like ‘easy to buy,’ or ‘hands-off’”
Point ① Number of positions can be 10 or more may hold. Initial setting 0.1 LOT (10,000 units) may hold 100,000 units or more |
To prevent unforeseen losses,
adjust your lot size and maximum positions in line with your funds.
☆ Determine LOT size by acceptable loss (%)
Example: With 1,000,000 margin, limit loss to -50,000 (-5%), so set to 0.05 LOT
☆ Method for setting maximum number of positions.
Example: set maximum positions to 1 and hold a maximum of 1 position (10,000 units)
☆ Adjust LOT size based on results
Example: increase by 0.01 LOT when +200,000
☆ Increase LOT size over time as results improve
Example: maintain gains and increase by 0.01 LOT every 30 days
First, it’s best to verify with a demo to grasp its behavior.
Q. How long until results appear?
☆ Special notes
・Even if Dow Theory trend reversal occurs in drawdown, if stopping out would degrade performance, entries continue.
☆ Benefits of Automation
Process at speeds humans cannot achieve (instantaneously)
・ During work, chores, parenting, travel, or important events, it automatically enters and exits trades.
・ No need for indicator-based alerts
Even if you respond after alerts, the market may move too quickly to catch it.
The EA executes entries and exits automatically when indicator alert points are reached.
・ Trades occur during late-night hoursThe major overseas markets operate during the night in Japan. Entering or exiting during these sleepy hours is impractical.
・ Never miss opportunities
・ No need to place limit or stop orders precisely.
・ Improves time efficiency
The system monitors areas beyond what discretion can cover, making it suitable for people who are busy with life and want FX without time for constant monitoring.
“People who want to trade FX but have no time due to work, chores, parenting, etc., or get easily emotional and want to hold positions”
☆ Final
Thank you for reading this far.
FX is about capturing advantages from Dow Theory, risk-reward, and momentum movements, and promptly acting on optimized behavior. Optimize actions thoroughly.However, with discretion (one’s timing), people often get lost among the forest and miss the trees due to emotions and doubt.
If you compare it to dice, even if the odds are 66.6% across many throws, many people stop out after a string of 33.3% losses and quit.
Indeed, if the method rarely yields wins it would be a losing gamble, and “this is no good” would be a fair conclusion.
Yet even if a correct method is found, people fear continuing losses and quit.
Also in FX there are too many options and too much information, making it hard to decide what is best. Have you ever felt this?
I personally spent five years exploring through trial and error due to too many options.
Using this automatic trading EA removes the need to spend enormous time on FX research.
And
consistent profitable actions lead to gains despite some drawdowns, which is the fundamental approach of investing.
Please consider this product.
In the future, as part of the Dow Theory series, signals for MACD, Parabolic, Ichimoku, etc., will also be created ♪
☆ Developer Articles
・Product Manual: Settings needed after purchase
Price: $248.29 (taxed)
¥39,800(taxed)
●Payment
Sales from : 01/04/2026 21:59
Price: $248.29 (taxed)
¥39,800(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
