Chronos Odin USDJPY MT5 version

【Concept】Chronos Odin USDJPY (Chronos Odin USDJPY) is an EA (automatic trading tool) that identifies statistically superior entry points by focusing on the strong compatibility between OsMA (Moving Average of Oscillator), a technical indicator based on MACD, and USDJPY.

Since trend following aligned with OsMA behavior is advantageous for capital growth, it was named after Odin, the supreme god of Norse mythology and leader of knowledge. By researching long-term statistical superiority and utilizing technical indicators that filter to further improve the accuracy of OsMA entry signals, it has undergone adjustments to further enhance performance.

This is an EA optimized for USDJPY 1-hour timeframe.

※ The indicator version of this EA is here →【Hyper OsMA Pro】

This EA has achieved a backtest of about 15 years with an impressive recovery factor of 36.62. The profit factor is 1.57 and the Sharpe ratio is 2.78, demonstrating high stability. It is a simple single-sided position strategy, but by maximizing the compatibility of OsMA and USDJPY, it enables favorable trades in the dollar-yen market with highly precise entry logic.

【Long-term Backtest Results】• High-quality backtest covering more than ~15 years of all ticks • Excellent recovery factor 36.62 • Stable profit factor 1.57 • 2,442 trades provide ample opportunity for profit 【Why OsMA?】🏆 Technical analysis essence × Statistical superiority OsMA (Moving Average of Oscillator) is also called MACD histogram and represents the difference between the MACD line and the signal line. It visualizes MACD signals more clearly and is excellent at capturing trend momentum and turning points, widely used by professional traders. However, Chronos Odin USDJPY does not simply follow OsMA signals. This EA combines carefully selected technical indicators as filters to further enhance the accuracy of OsMA entry signals. This selects statistically superior entry points, automatically eliminates noise and unfavorable signals, and pursues maximum long-term statistical advantage. Like Odin gathering wisdom from two ravens, Chronos Odin USDJPY reads market truth from multiple indicators to determine optimal trading timing. Operable on the stable USDJPY 1-hour timeframe, it offers a balanced approach that combines the benefits of day trading and swing trading. Note: This EA can be effectively used with fixed lot size, but its true value is realized with compounding.

【Compounding Results】

In about 15 years of backtesting, with a low-risk setting (risk percentage: 40), compounding ・ Initial margin 1,000,000 JPY → about 6.67 billion JPY

In about 15 years of backtesting, with a high-risk setting (risk percentage: 110), compounding ・ Initial margin 1,000,000 JPY → about 2,574 million JPY

【Quant Analyzer Analysis Results】Nearly yearly positive results. 【Parameters】The Summer Time mode supports three types of FX brokers: US type, UK type, and GMT+0 type. Take-profit, stop-loss, and trailing settings adjust automatically based on price; for example, when USDJPY at 150, the values are scaled to 1.5 times. Details are in the post-purchase manual. 【Q&A】Q: What is the minimum required margin and corresponding settings? A: In the backtest of a little over 15 years, a maximum drawdown of 202,425 JPY occurred at 0.4 lots. If you set safety to keep drawdown within 20% of balance, for a 25x leverage account, the figures are: ・ Balance 1,000,000 JPY → 0.4 lots (simple interest setting) ・ Balance 100,000 JPY → 0.04 lots (simple interest setting) ・ Balance 24,000 JPY → 0.01 lots (simple interest setting) Q: What is the recommended setting for “risk percentage” in compounding? A: Risk percentage is calculated as “lot size ÷ funds (ten thousand yen) × 10000.” ・ “10” … 0.01 lots per 100,000 yen ・ “50” … 0.05 lots per 100,000 yen ・ “100” … 0.1 lots per 100,000 yen Compounding automatically reduces lot size as funds decrease, reducing risk compared to simple interest. Depending on timing, backtests tend to show slightly higher capital growth when risk percentage is set higher. Please confirm the optimal setting via your own backtest. ・ Conservative (20-45): pursue low volatility and steady growth ・ Balanced (45-65): pursue risk-reward balance ・ Aggressive (65-110): take more risk for higher growth potential Q: What annual return can be expected with simple interest? A: Citing the Quant Analyzer results above. For a 25x leverage account with 1,000,000 JPY initial margin and 0.5 lots simple interest [fixed], the circa 15-year backtest result shows yearly average return of 48.08%, which is the expected value. Note that the expected value varies with lot size and simple vs compound settings.

Q: How to set up the daily report notification feature? A: Regarding email daily report notifications, this explanation assumes using Gmail. Enable two-step verification in Gmail and issue an app password. In MT4 go to Tools > Options > E-mail Settings, fill in the required fields, and click the Test button to ensure that an email is sent. (Note: Yahoo Mail can also be used; in that case, the login password can be used as-is.)