Past performance iMA 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...
The EA is equipped with a simple logic that is not easily affected by market conditions. EA that moves only at the beginning of the bar and determines the signal with the fixed leg. The design minimizes discrepancies between back tests and forwards. Only one position is held at most. No double trading. No multipinning or martingale. The time difference of brokers and daylight saving time are not affected.
About Kakoten iMA USDJPYThis is for 15-minute time frame of USD/JPY. The forward-linked, profit/loss type is said to be the most stable type. The simple design of repeated rotation based on the positional relationship between the long-term and short-term moving averages ensures long-term stability.
I've written a lot about it.If you are interested in purchasing the product, please check the back test carefully first, and then check the published forwards as well.Please purchase the product. Installation method Copy KAKO10_iMA_USDJPY.ex4 to your Exparts folder. For more information, please refer to the fx-on help pageHow to set up a system trade for the first time (how to set up MetaTrader 4)"Please check the following. You will be alerted when the currency pair and time settings are different, please set the chart to USDJPY's 15 minute leg. About Parameters MagicNo Magic Number. Set a value that does not cover other EAs. However, if you set 0, a special function will work to close positions with different magic numbers together in the same currency pair. Default value: 15050601 Lots Number of lots per position. The minimum and maximum values that can be entered depend on the broker. Default value: 0.1 StopLoss Specify the stop-loss value (pips) to be set when placing an order. Depending on the trading logic, the stop loss is often set before the stop loss value is reached. If set to 0, no stop loss is set when placing an order. Values from 1 to 9 cannot be entered. Initial value: 150 Inputtable values: 0, 10 to TakeProfit The take-profit value (pips) set when placing an order. Depending on the trading logic, the trade will often take a profit before reaching the take profit value. If set to 0, no profit-taking is set when placing an order. Values 1 through 9 cannot be entered. Initial value: 270 Inputtable values: 0, 10 to Slippage Slip Page (pips). The slip page is a large value since 10 pips = 100 points at major brokers, but the initial value is large to avoid opportunity losses. However, since this EA has the characteristic of overcoming rough market conditions, the initial value is set large to avoid opportunity losses. Initial value: 10 Inputtable values: 0 to TrailingStop Trailing Stop (pips). Zero disables the trailing stop. Trailing begins when profits exceed the TrailingStop setting + 2 pips, and every time profits are updated by 2 pips or more thereafter The stop order is changed. The minimum update frequency is 2 seconds. Initial value: 0 Inputtable values: 0, 10 to TradeComment You can set a comment for the position. If you do not need to set a comment, leave it blank. There are no restrictions when entering comments, but any characters exceeding 31 one-byte characters will be truncated. Half-width commas and double-byte characters are not recommended. Initial value: KAKO10_iMA TradeEMail If set to true, you will be notified of order and settlement details by e-mail. please enable the e-mail setting in the MT4 options. Default value: false TradeErrorEMail If an error occurs when placing or closing an order, you will be notified by e-mail. please enable the e-mail setting in the MT4 options. Default value: false For brokers with 3 decimal places in the price, 1 pip = 10 points. For brokers with 2 decimal places in the price, 1 pip = 1 point. Notes on initial setup If there is no position at the time of startup, the current signal is determined from the past bars, but the number of bars when the chart is first opened (2048 bars) may not be sufficient to determine the signal. If the number of bars is not enough to determine the signal, please write a comment in the comment box at the upper left of the chart. CurrentSignal=none(the first signal will be skipped) and the order will not be placed until the next signal reversal. (The order will be placed normally the next time and thereafter.) In this case, select a chart and press and hold the Home key to scroll back several months to obtain past data, then open the EA settings screen and press OK (strike out) to refer to the past data and judge again. About the display in the upper left corner of the chart The value of the input parameter and the signal status are displayed in the upper left corner of the chart (just below the current price). The timing of order placement/closing is only when the 15-minute time frame is updated and the signal status is also changed. CurrentSignal=waiting for the update of chart(10sec) Waiting for initialization. 10 seconds wait. (Wait 10 seconds to avoid judging when chart data is incomplete) CurrentSignal=sell Sell signal, Sell ongoing CurrentSignal=buy Buy signal, buy ongoing CurrentSignal=closed Settled by signal (Cacoten iMA is assumed not to be closed because it is 100% interrupted) CurrentSignal=none(the first signal will be skipped) Since the signal could not be determined at the time of initialization, the order will not be placed until the next time the signal changes. The order will be placed the following times and thereafter. Other No instruction manuals, etc. are included. ex4 files only. Questions, requests, etc. are welcome in the community on this page. When EA is restarted (when MT4 is restarted), the behavior is as follows When there is a position, the EA will start with the signal in the same direction as the position's buy/sell. When there is no position, the direction of the signal is calculated from the past bars. When there is no position, the direction of the signal is calculated from the past bars. If the surplus margin after an order is placed is expected to fall below 5,000 yen ($50 for dollar accounts), the order will not be placed. Please keep a sufficient amount of margin in your account. There are no restrictions on brokers that can be used. Brokers that I have not checked myself are not listed in the list of brokers with which I can operate, but I think they will probably work. If there is a broker that does not work, please let us know so that we can investigate. nekonote's real account performance: Rakuten Securities (former FXCM), OANDA Japan Note: This is not a recommendation to use the above brokers. Please select brokers at your own discretion. Change history, etc. 2016/02/12 Ver1.10 Trailing stop added 2015/05/07 Ver1.00 First versionPrice: $113.16 (taxed)
¥18,000(taxed)
●Payment
Sales from : 05/27/2015 22:31
Price: $113.16 (taxed)
¥18,000(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
