Neko Punch USDJPY Edition

Usually calm, then strike at the crucial moment.
Only when a target is found, enter with up to 6 positions at once.
This is a USDJPY M5 multi-logic EA without grid averaging (martingale).

By independently running strategies with different personalities, it aims for long-term stability regardless of market conditions.

Defense: Fakeout Strategy Against the ranges formed in the London, Tokyo, and New York sessions, enter in the opposite direction the moment a false breakout appears. The novice losses from being fooled are envisioned to be turned into profits by us. It monitors four timeframes: M5 / M15 / M30 / H1.

Attack: Momentum Strategy When a strong trend in its initial phase is detected—such as a strong bullish candle, strong bearish candle, or rapid price movements—the strategy enters with multiple positions. A confirmation filter using MFI (volume-weighted momentum) excludes false breakouts. The “Neko Punch” punchline comes from here.The basic approach is intraday trading with most positions settled within the same day, but some momentum-strategy trades may cross to the next day when capturing a strong trend (up to about 20 business days). All positions are structurally protected with a maximum SL of 50 pips per position.

Trading Examples

Example 1: Enter all at once and win all（2024.11.06）
A strong momentum occurs, strategy E lights up again at each candle close → consecutive entries. Multiple trades in the same wave in the same direction accumulate, and all positions are closed by TP. This is the essence of the “Here-and-Now Punch.”
※ The strategy alone has a maximum of 6 positions; even across all strategies, a total cap of 6 positions is imposed. Each position is protected with an independent SL (up to 50 pips).

Example 2: Losses covered by another logic（2024.11.04）
Even on days when a long position hits stop loss, loss is capped at -50 pips per position (Global Cap). On the same day, another logic gains substantial profits in the short direction, and the day ends positively overall. Strategy 22 operates independently, proving that counter-direction logic provides risk diversification.
※ This “loss coverage by counter-direction logic” is one of the characteristics of this EA, but it does not occur every time. There are days when the losing logic cannot cover losses, and the day ends negative. Final evaluation should be judged on long-term cumulative performance, not daily results.

Accurate backtesting using TDS (TickDataSuite)

From January 2014 to April 202612 years 4 monthsusingTDS (TickDataSuite)to test under variable spread and 100% live-like conditions.

5,060 trades and SQN score 7.61 demonstrate “high reproducibility”

Backtest numbers can be influenced by luck when the number of trades is small, reducing reproducibility in live trading. In the 12 years 4 months of validation for this EA, a large sample of5,060 tradesis available.

This equates toabout 410 trades per year, 34 trades per month, a volume that cannot be achieved by a handful of coincidences. Statistically, with such a sample, the metrics “PF1.88 • Win rate 58.5% • Expectation +4.99 pips/trade” become meaningful indicators of the EA’s performance..

Behavior under +1.5 pips expanded TDS variable spread

Even with a +1.5 pips added to TDS variable spread,PF 1.54is maintained. It has resilience to run on brokers with somewhat wider spreads or during certain times.

Parameters

Only six parameters are publicly disclosed. Internal thresholds are optimized from backtests, so changes are generally unnecessary.

• Magic...Magic number. If used with other EAs, please assign a different number (default 3082000).
• Base_Lot...Lot size can be changed freely. Default 0.1
• Global_Max_Positions...Maximum simultaneous positions across all strategies. Default 6.
• Max_SL_Pips...Maximum stop loss in pips per position. Default 50. This cap is structurally enforced for all strategies.
• Max_Spread_Pips...Acceptable spread in pips. No entries beyond this spread. Default 2.5.
• Slippage_Pips...Slippage tolerance. Default 3.

Please read before purchase

Neko Punch may hold up to a maximum of six positions instantaneously when a strong trend occurs. It is not averaging down (not a martingale).

Each position is an entry result of 22 independent strategies based on their own criteria (time of day, timeframe, pattern). Each position has an independent SL (up to 50 pips) and TP, and there is absolutely no averaging down to recover losses.

When a strong trend appears, the win rate statistically increases, and entering with multiple positions at this moment captures most of annual profits.However, if the read is wrong, a larger drawdown can occur in a short time. The backtest shows a maximum consecutive losses of 16 and a maximum drawdown of 6.00%, which are due to this characteristic.

Frequently Asked Questions

The number of trades seems small; is it statistically sufficient?

5,060 trades over 12 years 4 months (about 34 per month). This is designed so that 22 logics monitor independently and only enter when conditions align; if there is no opportunity, there is no trade. The absolute count of 5,060 is statistically sufficient, and the SQN score is 7.61 (SQN > 2 generally indicates a good system).

Will there be situations with hedging (long and short positions simultaneously)?

There is no intentionally hedging strategy implemented (no logic to place reverse positions for loss recovery). However, because this EA uses a 22-strategy independent ensemble design,it is structurally possible for long and short positions to exist at the same time. Specifically, when a momentum strategy (E) holds a buy position for a long-term hold, another strategy may independently detect sell conditions. Each position is protected by an independent 50 pips SL, preventing unbounded risk. If you are using an account with hedging restrictions by a domestic broker, please consider that.

Is this classified as scalping, day trading, or swing trading?

Primarily intraday trading. Of the 22 strategies, 21 are forced to close based on time within the day of entry. SL up to 50 pips, TP ranges from about 10–50 pips, so it falls under short-term trading. However,the momentum strategy (E) can hold positions for days up to about 20 business days when capturing a strong trend. It is designed to ride the trend to maximize profits, and each position is protected by an independent 50 pips SL, so even longer holdings do not increase risk.

Is this an EA that targets the Nikkei/yen “mid-rate anomaly”?

No, not at all. The Mid-rate anomaly (trading around 9:55 Tokyo time when yen tends to weaken) is not part of this EA’s strategy. The Tokyo time logic looks for a false breakout (fakeout) formed in that time window and trades in the opposite direction; it does not rely on a fixed directional anomaly at a specific time. Mid-rate EAs have a fixed direction at a specific time, which can become ineffective when policy or supply-demand conditions change. This EA depends on the movement structure of ranges, so mid-rate effectiveness does not affect it.

Can this be used for other currency pairs?

This EA is optimized specifically for USDJPY M5. Other pairs are not recommended. A version for other currencies (e.g., EURUSD) is planned for later.

Is a VPS necessary?

Recommended. Because multiple logics monitor continuously on the M5 timeframe, you need a 24-hour operation environment (PC on continuously or VPS).

Do I need to adjust parameters?

Generally not. The default parameters align with backtest results. Only adjust the base lot size according to your account balance.

I started trading and immediately lost.

This EA is designed to strike at crucial moments, so it tends to have clustering of favorable and unfavorable periods (maximum 16 consecutive losses). Do not stop after a short-term downturn; please run for at least 3 months.