METAL ZONE FX
- Whole period
- 2 years
- 1 year
- 6 months
- 3 months
- 1 month
Real Performance
※Displays results including swaps and fees
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...
METAL ZONE FX MT4 Version
Domestic FX Only・USDJPY BUY Rotation EA
METAL ZONE FX is a BUY-only EA for USDJPY, designed for operation in domestic FX accounts.
It is not a high-leverage quick-growth type in overseas FX; it aims to accumulate steady rotations from 0.01 lot in domestic FX accounts.
Recommended currency pair is USDJPY, recommended timeframe is M5.
Based on the domestic FX leverage environment, the lot size and maximum position count are kept modest to be suitable for long-term use.
Main features
・For domestic FX accounts
・USDJPY M5 recommended
・BUY only
・0.01 lot recommended
・Standard assumption of up to 3 positions
・Includes averaging down
・No martingale
・Profit-taking including swaps
・Minimum profit guard
・Maximum loss amount can be set
・MT4 support
What kind of EA it is
METAL ZONE FX is a rotation-type EA that buys USDJPY during dips and accumulates small profits.
When in drawdown, it adds positions at regular intervals to lower the average entry price and target recovery.
However, it is not a martingale that continuously increases lot size.
Basic assumption is fixed 0.01 lot.
In the default product version, settings for USDJPY are as follows.
・Currency pair: USDJPY
・Timeframe: M5
・Direction: BUY only
・Lot: 0.01
・Maximum positions: 3
・Averaging down width: 25 pips
・Averaging down multiplier: 1.5
・Profit target: 5 pips
・Profit target including swaps: 100 yen
・Minimum profit guard: 5 yen
・Maximum loss amount: 0 yen
About profit including swaps
METAL ZONE FX determines total profit including swaps and fees, not just unrealized P/L of positions.
For positions with the same currency pair and same magic number,
Unrealized P/L + Swaps + Fees
is summed, and settlement occurs when the set amount is reached.
In BUY operation for USDJPY, there are times when swaps work positively, so it is characterized by aiming for recovery including swaps, not just price movement gains.
Recommended capital
Designed to operate starting from 100,000 yen, but since domestic FX offers 25x leverage, we recommend operating with ample margin.
Guidelines are as follows.
・Minimum guideline: 100,000 yen
・Recommended guideline: 150,000 yen or more
・Aggressive setting: 200,000 yen or more
If operating with 100,000 yen, first use USDJPY only, 0.01 lot, up to 3 positions recommended.
If you have 200,000 yen or more, you can consider increasing the maximum number of positions, but increasing positions also increases unrealized losses.
Initially, we recommend starting with the standard settings.
Start timing
This EA mainly operates USDJPY BUY.
It can run continuously, but if you want to be more cautious, consider starting operation after a downward correction following a significant rise in USDJPY, avoiding immediate action after a big rise.
If you stop the EA while positions are open, profit-taking, averaging down, and aggregated settlement management also stop.
Therefore, while positions are open, it is recommended not to stop the EA and let it operate until settlement.
Backtesting
METAL ZONE FX has undergone long-term backtesting for USDJPY on FXTF MT4.
USDJPY, M5, 0.01 lot, up to 3 positions, starting with 100,000 yen, ran a 10-year backtest.
It is not an EA that only wins conveniently in short periods, but has been checked over a longer period.
However, backtests are based on past data and do not guarantee future profits.
Real operation
METAL ZONE FX has also been tested in FXTF MT4 real accounts in addition to backtesting.
In real accounts, unlike backtests, spreads, fills, swaps, and server conditions can affect performance.
Therefore, it operates while monitoring how it moves in real accounts, including holding time and unrealized losses.
Real-trade performance is not a guarantee of future profits, but it can be used as a reference for EA behavior.
REAL TRADE is being updated.
About GBPUSD
Validation is also performed for GBPUSD, but the current recommendation centers on USDJPY.
GBPUSD is a supplementary candidate, but not used for swaps; depending on market conditions, you may hold it longer.
Therefore, this product mainly recommends USDJPY operation.
Averaging down
METAL ZONE FX is an EA with averaging down.
Averaging down means that if the market moves strongly in one direction, you may incur unrealized losses.
Increasing the number of positions improves recovery power but also increases drawdown.
Therefore, at first, it is recommended to operate with 0.01 lot and up to 3 positions.
Parameters
In the product version, as few items as possible are used.
Main items to check are as follows.
・Lot
・Maximum spread pips
・Baseline averaging down width pips
・Multipliers widening width per step
・Maximum number of positions
・Profit-taking pips
・Profit including swaps amount
・Minimum profit guard
・Maximum loss amount
・Display settings
Basically, we recommend confirming first with the default settings on USDJPY M5.
Who this is for
・People who want to use EA in domestic FX accounts
・People who want to operate USDJPY with a low lot
・People who want to rotate steadily with 0.01 lot
・People who want to cultivate a domestic account apart from overseas high-leverage EAs
・People who can operate with an understanding of averaging down risk
・People who want to operate with a long-term, relaxed approach
Not suitable for
・People who want to multiply funds in a short period
・People who do not want to see unrealized losses at all
・People who are not good at averaging-down EAs
・People who want to raise lots immediately
・People who want to operate with less than 100,000 yen
・People who cannot tolerate loss risk
Supported environment
・Supported platform: MT4
・Recommended currency pair: USDJPY
・Recommended timeframe: M5
・Recommended lot: 0.01
・Recommended account: domestic FX account
Because spreads, fills, swaps, and currency pair notations vary by broker and account type, we recommend first trying with a demo account or a small amount.
Notes
This EA does not guarantee future profits.
Backtests are based on historical data and may differ from actual trading results.
Results vary due to market conditions, spreads, fills, swaps, and server environments.
Also, because this is an averaging-down EA, unrealized losses may become large if the market moves strongly in one direction.
Trade with ample funds.
First, we recommend starting with 0.01 lot.
Price: $152.58 (taxed)
￥25,000(taxed)
●Payment
Sales from : -
Price: $152.58 (taxed)
￥25,000(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