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Chronos Knight USDJPY MT5 Version

Chronos Knight USDJPY MT5 Version

Chronos Knight USDJPY MT5 Version Auto Trading
Expert Advisors
MetaTrader 5
Sales from
8/4/2026
Last Updated At
7/16/2026
Version
1.2
My Profile
トレヒロ
  • Whole period
  • 2 years
  • 1 year
  • 6 months
  • 3 months
  • 1 month
Profit
6,344JPY
Profit Factor
1.11
Rate of return risk  ?
0.15
Average Profit
17,362JPY
Average Loss
-7,819JPY
Balance  ?
1,006,344JPY
Rate of return (all periods) ?
1.42%
Win Rate
33.33% (3/9)
Maximum Position  ?
1
Maximum Drawdown  ?
8.72% (43,119JPY)
Maximum Profit
35,035JPY
Maximum Loss
-19,195JPY
Recommended Margin  ?
446,696JPY
Unrealized P/L
0JPY
Deposit  ?
1,000,000JPY
Currency
JPY- Account
Operable Brokers
Usable with MT5-adopting brokers.

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
[USD/JPY]
Trading Style
[Day Trading]
Maximum Number Position
1
Maximum Lot
100
Chart Time Frame
M30
Maximum Stop Loss
37
Take Profit
208
Straddle Trading
No
Application Type
Metatrader Auto Trading
Other File Usages
No

【Concept】

Chronos Knight USDJPY is an EA (automatic trading tool) that adopts the world-famous "Donchian Channel breakout strategy."

The method once used by legendary Turtle traders to build enormous wealth has been optimized for modern forex markets with a self-developed statistical filter. This EA thoroughly focuses on a recovery factor (risk-return ratio) to maximize profit growth while minimizing drawdown.

Typically, the recovery factor (calculation method: net profit ÷ maximum drawdown) is considered excellent if it reaches 10 in a 10-year backtest. This EA, with about 15 years of backtesting, achieves an astonishing recovery factor of 47.36.

With a simple large-side one-position strategy, it demonstrates high adaptability in both trending and range-bound markets.

【Long-term Backtest Results】

✅ Proven reliability through overwhelming results - Backtested with all ticks for about 15 years - Recovery factor of 47.36, an exceptional result - Profit factor of 1.66, stable performance - Maximum drawdown 2% (fixed lot, at 0.55 lot) and extremely low risk - 2,653 trades, demonstrating consistent stability

 


【Compound Growth Results】

From about 15 years of backtesting, with low-risk settings (an example risk ratio setting: 55) for compounding - Initial margin 1,000,000 yen → about 857 million yen


From about 15 years of backtesting, with high-risk settings (an example risk ratio setting: 130) for compounding
・Initial margin 1,000,000 yen → about 2,035 million yen

【Quant Analyzer Analysis】Consistent positive results across all years.



【Why Donchian Channel?】
🏆 Legendary method × Latest statistical analysis The Donchian channel breakout strategy was taught by Richard Dennis and William Eckhardt in the 1980s to a group of traders called the “Turtles,” generating several hundred million dollars in profits within a few years. However, simply applying this legendary method is not enough. Chronos Knight USDJPY uses a self-developed statistical filter and position-limit settings to - selectively enter only statistically advantageous points - automatically avoid high-risk market conditions This is tuned to pursue minimal drawdown and maximal profits as much as possible.【Parameters】
Summer-time mode supports three types of FX brokers: US-type, UK-type, and GMT+0-type. Take-profit, stop-loss, and trailing settings are automatically adjusted to match prices; for example, when USD/JPY is around 150, these values become 1.5 times the price.



【Q&A】Q: What is the minimum required margin and the corresponding settings? A: In the backtest results for over 15 years, with a fixed 0.55 lot, the maximum drawdown was 171,780 yen. If you set a safety margin to limit losses from maximum drawdown to 20% of balance, for an account with leverage of 25x, the values are: - If balance is 1,000,000 yen, 0.55 lot (simple interest setting) - If balance is 100,000 yen, 0.05 lot (simple interest setting) - If balance is 20,000 yen, 0.01 lot (simple interest setting) Q: What is the recommended setting for the “risk ratio” in compound growth settings? A: The risk ratio is calculated as “lot size ÷ funds (ten-thousand yen) × 10,000.” - “10” … 0.01 lot per 100,000 yen - “50” … 0.05 lot per 100,000 yen - “100” … 0.1 lot per 100,000 yen In compound settings, when funds decrease, the lot size is automatically reduced, which lowers risk compared with simple interest. Depending on timing, backtests show slightly higher risk ratios often produce better capital growth. Please verify the optimal settings via your own backtests. - Conservative (30-50): low volatility, steady growth - Balanced (50-80): balance of risk and return - Aggressive (80-160): higher growth potential with higher risk Q: What annual return can be expected with simple interest? A: From the Quant Analyzer results above. For a 25x leveraged account with 1,000,000 yen initial margin and 0.5-lot simple interest (fixed), the backtest result over about 15 years shows an annual return of 52.75% (YEARLY AVG % RETURN), which is the expected value. Note that the expected value varies with lot settings and simple vs. compound settings.
Q: How to set up the daily report notification feature? A: About daily report email notifications, assuming use of Gmail. Enable two-factor authentication in Gmail and issue an app password. In MT4, go to Tools > Options > E-Mail Settings, enter the required fields, and click Test to confirm that an email can be sent. (Yahoo Mail can also be used; in that case, the login password can be used as-is.)

Sales from :  08/04/2026 02:28
Purchased :  0 times

Price: $252.27 (taxed)

¥39,800(taxed)

Provider/Distributor:
Sales site:

Payment

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Forward Test
Back Test

Sales from :  08/04/2026 02:28
Purchased :  0 times

Price: $252.27 (taxed)

¥39,800(taxed)

Provider/Distributor:
Sales site:

Payment

Master VISA JCB
About Forex Automated Trading
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.
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)

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.
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.
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.
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.
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 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
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.
・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)