Cycle Cross Order 2
- Whole period
- 2 years
- 1 year
- 6 months
- 3 months
- 1 month
Profit
:
419,028JPYProfit Factor
:
3.13Rate of return risk
?
:
0.51Average Profit
:
696JPYAverage Loss
:
-360JPYBalance
?
:
1,419,028JPYRate of return (all periods) ?
:
22.24%Win Rate
:
61.82%
(881/1425)
Maximum Position
?
:
37Maximum Drawdown
?
:
36.30%
(828,654JPY)
Maximum Profit
:
13,260JPYMaximum Loss
:
-1,505JPYRecommended Margin
?
:
1,883,830JPYUnrealized P/L
:
-399,830JPYDeposit
?
:
1,000,000JPYCurrency
:
JPY- Account
Operable Brokers
Usable with MT4-adopting brokers.
※EA measurement is stopped
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
[GBP/CAD]
[SGD/JPY]
[NZD/CHF]
[CAD/CHF]
[GBP/NZD]
[GBP/AUD]
[EUR/NZD]
[ZAR/JPY]
[AUD/NZD]
[USD/SGD]
[EUR/TRY]
[USD/INR]
[USD/CNY]
[EUR/CAD]
[USD/HKD]
[USD/TRY]
[USD/KRW]
[USD/CNH]
[USD/MXN]
[USD/TWD]
[GBP/CHF]
[AUD/CAD]
[AUD/CHF]
[EUR/CHF]
[EUR/AUD]
[EUR/GBP]
[USD/CAD]
[USD/CHF]
[AUD/USD]
[NZD/USD]
[GBP/USD]
[EUR/USD]
[NZD/JPY]
[CAD/JPY]
[CHF/JPY]
[AUD/JPY]
[EUR/JPY]
[GBP/JPY]
[USD/JPY]
Trading Style
[Day Trading]
[Scalping]
[Swing Trading]
Maximum Number Position
50
Maximum Lot
0.02
Chart Time Frame
M15
Maximum Stop Loss
30
Take Profit
0
Straddle Trading
Yes
Application Type
Metatrader Auto Trading
Other File Usages
No
◎Strategy Overview
The grid trade is based on both fundamental and hedging strategies, with one position per grid (square), and the trader enters only when a trend (OsMA or ADX) is generated.
The filtering by OsMA and ADX has been improved to minimize the risk of unrealized losses in grid trades.
The entry is filtered according to the strength of OsMA.
Entry is filtered according to the slope of ADX (when the ADX is rising steadily between the upper and lower limits of ADX).
For settlement, theDiscretionary Settlement Support Kun PROThe break-even stop function of the system is designed to apply trailing after a certain amount of profit is taken.
The design allows trailing after a certain amount of profit has been taken, so there is no need for trailing after a profit has been taken.
This prevents the trader from losing money due to a reversal of the position even after profits have been made.
The option to close a position without carrying it over to the next week.
Safety function is included. It is possible to stop running the EA if the loss exceeds a certain level (optional function).
Drawdown control function (optional function.) If a drawdown above a certain level occurs, the EA will close at or near the open price).
◎Trend occurrence conditions
Ordering Image
◎Settlement image (Breakeven Stop function)
◎Backtest (USDJPY, 2014/01-2015/12, "buy" on fundamentals, "sell" on hedges, ¥125-115)
◎Backtest (EURUSD, 2014/07-2015/06, "sell" on fundamentals, "buy" on hedges, $1.2-$1.1)
◎Parameter Description (Due to the large number of parameters in this strategy, we recommend using MT4's save settings function)
FUNDA: buy fundamental "1", sell fundamental "-1".
startPriceBuy: Start price to buy.
endPriceBuy: End price of the buy.
startPriceSell: Start price to sell down.
endPriceSell: End price at which the sell-off starts.
magic: Magic number (magic~(magic+GridCnt) is used, so be careful not to duplicate with other EAs. When changing the grid start price, slide the magic number so that it does not overlap with the magic number of the existing position. (The magic number can be checked by activating the position comment display.)
maxCntBuy: Maximum number of "buy" positions (default 25)
maxCntSell: Maximum number of "sell" positions (default 25)
GridCnt: Number of grids to start from startPrice (default 100)
BreakEvenColor: Color of the break even horizontal line.
TrailingStopColor: Color of the horizontal trailing stop line.
lotsForFunda: Number of funda lots (default 0.02)
profitPipsForFunda: Funda profit pips (default 0)
stopLossForFunda: FUNDA stop loss price (default 0)
losscutPipsForFunda: FUNDA loss pips (default 0)
BreakEvenForFunda: FUNDA break even pips (default 20)
TrailingStopForFunda: FUNDA trailing stop pips (default 20)
lotsForHedge: HEDGE lot size (default 0.01)
profitPipsForHedge: HEDGE profit pips (default 0)
stopLossForHedge: HEDGE stop loss price (default 0)
losscutPipsForHedge: HEDGE loss cut pips (default 50)
BreakEvenForHedge: HEDGE break even pips (default 20)
TrailingStopForHedge: HEDGE trailing stop pips (default 20)
spanPips: Grid width pips
timeframeCurrent: Time frame used for technical calculations (default 15 minutes)
MACDBoundFunda: Funda OsMA threshold (MACDBound value multiplied by 1 pips equals OsMA threshold. Default 1, e.g., for USDJPY, the OsMA threshold is 0.01)
MACDBoundHedge: HEDGEOsMA threshold (MACDBound value multiplied by 1 pips equals OsMA threshold. Default 3, e.g., for USDJPY, the OsMA threshold is 0.03)
periodADX: ADX period (default 14)
upperADX: upper ADX limit (default 50)
underADX: ADX lower limit (default 20)
EntryStartHourJPN: Entry start time (Japan time, default 8)
EndStartHourJPN: Entry end time (set Japan time, default 28)
WeekendHourGMT: Weekend closing time (set to GMT; if set to 0, there will be no closing. Default 0)
TestGMTOffset: Server time offset value (For back testing, specify the GMT of the historical data used. (When backtesting, specify the GMT of the historical data used.)
displayMode: Parameters are displayed in the upper left corner of the screen (1 for on, 0 for not on).
horizonMode: Horizontal line drawing mode (enable 1, disable 0)
UpdateSecond: Update second of horizontal line drawing.
SafetyMode:Safety mode (1 for "yes", 0 for "no", default 0. Assuming operation at 1 million yen)
LimitMargin:Minimum margin (300,000)
LimitLoss:Maximum loss (100,000)
MaxSpreadPoint: Maximum allowable spread point (default 50)
DrawDownControlMode: Whether drawdown control function is used or not (0: not used, 1: used, default 0)
MaxDrawDown: Maximum allowable drawdown (default 0.1 = 10% drawdown)
*Setting example
If FUNDA=1, startPriceBuy=115, endPriceBuy=123, startPriceSell=125, endPriceSell=118 for USDJPY
The price will buy up to 115-123 yen and sell down to 125-118 yen.
If you set FUNDA=-1, startPriceBuy=1.0, endPriceBuy=1.2, startPriceSell=1.4, endPriceSell=1.1 in EURUSD
The price will buy up to $1.0 - $1.2 and sell down to $1.4 - $1.1.
◎Q&A
Q1:.
A position was not taken. What could be the cause?
A1: You can adjust the filter by changing the parameter values.
The filter can be adjusted by changing the parameter values.
Example: MACDBound parameter
Default: MACDBound=1
To make the filter weaker: MACDBound=0
To make the filter stronger: MACDBound=2, 3, 4, and so on
The same applies to the *periodADX, upperADX, and underADX parameters. It is recommended to find the optimal parameter values depending on market conditions or by back-testing.
Q2: What is the best way to
Is there a function that allows only Buy/Sell?
A2: Yes.
maxCntBuy: Maximum number of "buy" positions
maxCntSell: Maximum number of "sell" positions
If you set either of the parameter values of "maxCntBuy" or "maxCntSell" to 0, it is possible.
Q3: What is the distinction between stop loss and loss cut in both FUNDA and HEDGE?
A3: A stop loss is a directly specified stop loss setting (if you are long and set 112, you will lose money if the price falls below 112 yen).
A loss cut is an indirect stop-loss setting (for long trades, if you set 30, you will lose money if the price falls 30 pips below the open price).
Please refer to the following articles related to the above strategies.
interpoint (interword separation)CycleCrossOrder2 optimization implementation and drawdown control function added.
Please refer to the following 5-piece set that includes this strategy.
As of 2016/02, a 5-piece set of the best performing Cycle strategies
Limited to 50] 5-Piece Cycle Strategy Set (2016/02) ◎Precautions for use However, we have not actually used brokers that are not listed as EA operable companies, so we cannot guarantee 100% operation of EAs. However, we cannot guarantee 100% performance of the EAs because brokers that are not listed as EA operable companies have not actually operated the EAs. We cannot compensate for any losses incurred as a result of using a demo account for actual trading. Please use at your own risk. The above is all.
Ordering Image
◎Settlement image (Breakeven Stop function)
◎Backtest (USDJPY, 2014/01-2015/12, "buy" on fundamentals, "sell" on hedges, ¥125-115)
◎Backtest (EURUSD, 2014/07-2015/06, "sell" on fundamentals, "buy" on hedges, $1.2-$1.1)
◎Parameter Description (Due to the large number of parameters in this strategy, we recommend using MT4's save settings function)
FUNDA: buy fundamental "1", sell fundamental "-1".
startPriceBuy: Start price to buy.
endPriceBuy: End price of the buy.
startPriceSell: Start price to sell down.
endPriceSell: End price at which the sell-off starts.
magic: Magic number (magic~(magic+GridCnt) is used, so be careful not to duplicate with other EAs. When changing the grid start price, slide the magic number so that it does not overlap with the magic number of the existing position. (The magic number can be checked by activating the position comment display.)
maxCntBuy: Maximum number of "buy" positions (default 25)
maxCntSell: Maximum number of "sell" positions (default 25)
GridCnt: Number of grids to start from startPrice (default 100)
BreakEvenColor: Color of the break even horizontal line.
TrailingStopColor: Color of the horizontal trailing stop line.
lotsForFunda: Number of funda lots (default 0.02)
profitPipsForFunda: Funda profit pips (default 0)
stopLossForFunda: FUNDA stop loss price (default 0)
losscutPipsForFunda: FUNDA loss pips (default 0)
BreakEvenForFunda: FUNDA break even pips (default 20)
TrailingStopForFunda: FUNDA trailing stop pips (default 20)
lotsForHedge: HEDGE lot size (default 0.01)
profitPipsForHedge: HEDGE profit pips (default 0)
stopLossForHedge: HEDGE stop loss price (default 0)
losscutPipsForHedge: HEDGE loss cut pips (default 50)
BreakEvenForHedge: HEDGE break even pips (default 20)
TrailingStopForHedge: HEDGE trailing stop pips (default 20)
spanPips: Grid width pips
timeframeCurrent: Time frame used for technical calculations (default 15 minutes)
MACDBoundFunda: Funda OsMA threshold (MACDBound value multiplied by 1 pips equals OsMA threshold. Default 1, e.g., for USDJPY, the OsMA threshold is 0.01)
MACDBoundHedge: HEDGEOsMA threshold (MACDBound value multiplied by 1 pips equals OsMA threshold. Default 3, e.g., for USDJPY, the OsMA threshold is 0.03)
periodADX: ADX period (default 14)
upperADX: upper ADX limit (default 50)
underADX: ADX lower limit (default 20)
EntryStartHourJPN: Entry start time (Japan time, default 8)
EndStartHourJPN: Entry end time (set Japan time, default 28)
WeekendHourGMT: Weekend closing time (set to GMT; if set to 0, there will be no closing. Default 0)
TestGMTOffset: Server time offset value (For back testing, specify the GMT of the historical data used. (When backtesting, specify the GMT of the historical data used.)
displayMode: Parameters are displayed in the upper left corner of the screen (1 for on, 0 for not on).
horizonMode: Horizontal line drawing mode (enable 1, disable 0)
UpdateSecond: Update second of horizontal line drawing.
SafetyMode:Safety mode (1 for "yes", 0 for "no", default 0. Assuming operation at 1 million yen)
LimitMargin:Minimum margin (300,000)
LimitLoss:Maximum loss (100,000)
MaxSpreadPoint: Maximum allowable spread point (default 50)
DrawDownControlMode: Whether drawdown control function is used or not (0: not used, 1: used, default 0)
MaxDrawDown: Maximum allowable drawdown (default 0.1 = 10% drawdown)
*Setting example
If FUNDA=1, startPriceBuy=115, endPriceBuy=123, startPriceSell=125, endPriceSell=118 for USDJPY
The price will buy up to 115-123 yen and sell down to 125-118 yen.
If you set FUNDA=-1, startPriceBuy=1.0, endPriceBuy=1.2, startPriceSell=1.4, endPriceSell=1.1 in EURUSD
The price will buy up to $1.0 - $1.2 and sell down to $1.4 - $1.1.
◎Q&A
Q1:.
A position was not taken. What could be the cause?
A1: You can adjust the filter by changing the parameter values.
The filter can be adjusted by changing the parameter values.
Example: MACDBound parameter
Default: MACDBound=1
To make the filter weaker: MACDBound=0
To make the filter stronger: MACDBound=2, 3, 4, and so on
The same applies to the *periodADX, upperADX, and underADX parameters. It is recommended to find the optimal parameter values depending on market conditions or by back-testing.
Q2: What is the best way to
Is there a function that allows only Buy/Sell?
A2: Yes.
maxCntBuy: Maximum number of "buy" positions
maxCntSell: Maximum number of "sell" positions
If you set either of the parameter values of "maxCntBuy" or "maxCntSell" to 0, it is possible.
Q3: What is the distinction between stop loss and loss cut in both FUNDA and HEDGE?
A3: A stop loss is a directly specified stop loss setting (if you are long and set 112, you will lose money if the price falls below 112 yen).
A loss cut is an indirect stop-loss setting (for long trades, if you set 30, you will lose money if the price falls 30 pips below the open price).
Please refer to the following articles related to the above strategies.
interpoint (interword separation)CycleCrossOrder2 optimization implementation and drawdown control function added.
Please refer to the following 5-piece set that includes this strategy.
As of 2016/02, a 5-piece set of the best performing Cycle strategiesLimited to 50] 5-Piece Cycle Strategy Set (2016/02) ◎Precautions for use However, we have not actually used brokers that are not listed as EA operable companies, so we cannot guarantee 100% operation of EAs. However, we cannot guarantee 100% performance of the EAs because brokers that are not listed as EA operable companies have not actually operated the EAs. We cannot compensate for any losses incurred as a result of using a demo account for actual trading. Please use at your own risk. The above is all.
Sales from
:
09/07/2015 03:13
Purchased
:
26
times
Price: $60.52 (taxed)
¥9,800(taxed)
Provider/Distributor:
Sales site:
GogoJungle
●Payment
Forward Test
Back Test
Sales from : 09/07/2015 03:13
Purchased
:
26
times
Price: $60.52 (taxed)
¥9,800(taxed)
Provider/Distributor:
Sales site:
GogoJungle
●Payment
About Forex Automated Trading
What is Forex Automated Trading (MT4 EA)?
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.
Trading Types of Forex Automated Trading
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)
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)
Risks, Advantages, and Disadvantages of Forex Automated Trading
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.
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.
Equipment and Environment Needed for Automated Trading Operation
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.
・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.
Installation of MT4 and Account Login
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.
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.
How to Install EA on MT4
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.
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.
In Case You Want to Change the Account in Use
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 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.
Solutions for Errors During Web Authentication or Non-Functional Account Trading
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
→ Items to Check When EA is Not Operating
About the Size of Trading Lots
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.
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.
Glossary of Automated Trading
・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)
・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)
Useful related pages
・How to Install MT4 EA (Expert Advisor) and Indicators
・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
・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
