Constellation 4(コンステレーション フォー)
- Whole period
- 2 years
- 1 year
- 6 months
- 3 months
- 1 month
Forward testing (Profit)
Monthly Statistics
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Calendar for Months
About EA's Strategy
Translating...
Official operation is limited to single currency pairs, so only part of the results of this EA will be displayed.
As soon as preparations are complete, please wait while I公開 the account I am operating on.
When choosing an EA, you might have such concerns.
- What if one day it suddenly stops winning?
- What if a single sudden fluctuation causes a large loss of capital?
- Will you just watch expanding unrealized losses?
For months, the equity curves rise beautifully. Then, one day, the accumulated profits disappear...
With a grid-nansmart martingale EA, many people have such experiences.
The EA I developed is designed to minimize this anxiety as the first priority.
Do not use grid-nan martingale or hedging. Do not increase positions without limit.
Prioritize “not exiting the market” over “increasing greatly.”
I develop all EAs with this policy.
Have you ever bought several EAs and then stopped using them?
- If you only have one, you cannot endure a difficult period
- I bought several, but I don’t know which ones to combine
- When operated together, drawdown simply accumulates
I have had such experiences too, and that led me to develop this EA to overcome them.
At this point,it may look expensive, but
if you look at the following, you will likely be convinced.
I would be grateful if you read to the end.
EA isBetter to operate as a portfolio of different EAs rather than one by one, for stability.
However, it is not easy to decide “which ones, how many, and what allocation” by yourself.
Constellation 4 is a product delivered with those combinations already completed.I have integrated the four EAs I list as standalone EAs into one EA.If you place the same EA on three charts, all four strategies will run simultaneously. *We are releasing all EAs sequentially.First, look at the numbersInitial capital200,000 yen・Recommended lot0.06・2010.01 〜 2026.07 (about 16.5 years) Backtest.ItemActualNet profit (16.5 years)1,433,355 yenAverage annual profit86,749 yen(43.4% of initial capital)Maximum drawdown41,082 yen(20.5% of initial capital)Annual profit ÷ maximum drawdown2.11xRecovery factor34.9Profit factor1.88Win rate58.1% (2,472 trades)Annual balanceAll 16.5 years positive(2010〜2026)Put in 200,000 yen and you get an average 86,749 yen per year.Even at the deepest drawdown moment, 41,082 yen (20.5% of capital).The speed of growth and the depth of decline have a ratio of2.11— this is the main feature of this product.By keeping drawdown around 20% of capital and setting the recommended lot to 0.06, profits at this level are achieved. If you increase the lot, both profits and drawdown increase proportionally.Why is drawdown small despite such profitsIf you run the four strategies as separate EAs individually, the maximum drawdown of each would simply sum to 163,211 yen.However,in a portfolio, running these four strategies in the same account simultaneously reduces the drawdown to 41,082 yen, down to 25% of the simple total.How to operateMaximum drawdownOperate the four strategies separately (sum of each strategy's max DD)163,211 yenConstellation 4 (operating all four strategies simultaneously)41,082 yenProfits are simply added, but drawdowns cancel each other out.This is not by chance;by deliberately diversifying currency pairs, trade directions, and holding times,you can operate with an optimal portfolio.A strategy that is tough in one market tends to be favorable in another. Only such combinations were kept.Four strategies includedStrategyCurrency pairTrading directionSettlementTrading frequency16.5 years net profitHalcyonUSDJPYSell direction onlySame-day settlementAbout 5 times per month+432,702 yenMeridianUSDJPYBuy direction onlyHold to next dayAbout 2–3 times per month+480,054 yenIgnisAUDJPYBoth directionsSame-day settlementAbout 2 times per month+164,922 yenSolsticeEURJPYBuy direction onlyHold to next dayAbout 2–4 times per month+355,677 yenBuy-only, sell-only, and both; same-day settlement and next-day rollover; yen pairs, dollar-strong, and cross currencies.The personalities are deliberately diversified.Setting up is easy: just place the same EA on three MT4 charts!#Chart (all M5 = 5-minute)Strategy running there1USDJPY (USD/JPY)Halcyon/Meridian2AUDJPY (AUD/JPY)Ignis3EURJPY (EUR/JPY)SolsticeThe EA looks at the currency pair of the installed chart and automatically operates only the strategy it is responsible for. Strategies judged on H1 and M15 are included, but the EA references the correct bars internally.All chart timeframes should be M5.Three reasons to trust these numbers① Verified with real trading costsUsing Dukascopy tick data (Tick Data Manager) with a realistic model by applying variable spreads per currency pair,we validated with real market conditions.We did not use zero spreads or fixed, “looks good” validations.② Each single-EA trades identically to its merged versionFor each of the four strategies included, the standalone EA and the merged EA showed exactly the same entry times, trade types, stop loss, take profit across all trades (total 2,472 trades).The behavior remains the same when bundled, as verified.③ We publish all the unfavorable numbers on this pageDrawdown is measured in the most conservative way, evaluating unrealized losses at the worst value of the 15-minute chart and summing assuming all positions hit the worst moment simultaneously.In reality, it may not deteriorate this much, but we adopt a policy of showing the worst-side figures first.Annual profit/loss (recommended lot 0.06)YearProfit/loss (yen)2010+31,2992011+55,6062012+87,5392013+136,6012014+81,1482015+76,9712016+114,3392017+59,8582018+70,5452019+45,4792020+135,5592021+80,8712022+111,9282023+118,7082024+119,2872025+103,3822026※+4,233※2026年は7月時点の途中経過です。年間を通した結果ではありません。After the Lehman Shock, the Corona Shock, and the historic yen depreciation in 2022—by going through markets with different characters,16.5 years of all-positivehas been maintained.One EA cannot do this.The underperforming strategies are compensated by the well-performing ones.Backtest verification conditions■ FXTF (domestic broker)
Data used : Dukascopy tick data (Tick Data Manager)
Spread : Variable spreads + market spreads per currency pair
Model : All ticks / modeling quality 99.90%
Period : 2010.01 〜 2026.07 (about 16.5 years)
Initial equity: 200,000 yen
Lot : 0.06 (common to all strategies, fund management OFF)
Strategy-specific acquisition: measure each strategy with this EA and synthesize in a single account
※ We did not conduct validations with zero spreads or fixed spreads that deviate from real conditions.Strategy-specific backtest reports (4 copies) and portfolio reports synthesized from them are included with the product. Please verify the numbers with your own eyes before making a decision.This portfolio EA also includes capital management (compounding) featuresA new feature added in this series.Initial state is OFF and orders are placed with the value entered in “Lot” (the results shown are with this state).Setting it ON will ignore the value in “Lot” and automatically calculate and place orders based on current usable equity, allowable risk percentage, and stop loss width for each trade.If capital increases, lots increase; if it decreases, lots shrink—this is for those who want to operate with compounding.As capital increases, lots automatically increase; as it decreases, they decrease, so you don’t need to recalculate or adjust lots.However, increasing capital does not simply mean increasing the lot. When drawdown deepens, the lot is stepped down to protect capital.Only specify the permitted risk percentage per trade (displayed items are only two — “Use money management (compound risk%)” and “Permissible risk per trade” (default 1.0%))The basis uses the available margin rather than the balance, considering unrealized losses in holdings to determine lotsStop loss width uses actual stop loss if it exists. Time-based settlement strategies use the strategy-specific assumed distance.Protective mechanism of capital management (all automatic, no setup required)Drawdown-linked lot reduction — from peak capital, over 8% 0.40x, over 15% 0.15x, over 22% 0.07x automatically lowering lotsTotal risk cap — keep the total potential loss of all chart positions within 8% of usable margin; reduce new lots if exceededPer-position cap — to avoid misclassifying actual risk as insurance SL and compromising other strategies, cap one position at 2% of assetsMargin usage cap — limit lots so unused margin does not exceed 50% of usable marginMargin clamp — recalculate lots from required margin with a 90% capacity limitPre-order check — skip orders if there is insufficient capacityEven on multiple charts, total risk and peak assets are shared across charts when operating in real lifeNo grid or martingale strategies at all. Even if you lose, you do not increase the next lotPerformance under compounding differs from the displayed values. We recommend verifying with a fixed lot in OFF state first.Reference: Testing period 2021-06-21 to 2026-06-16Over five years, the initial capital of 200,000 yen grows to 1,800,000 yen (9.0x), and maximum drawdown is 15.7%.Note: MT4 tester can only validate one chart; thus, the compound operation across multiple currency pairs cannot be measured. This performance is a backtest using the four strategy-by-strategy trades measured on a single account with compounding ON, using the trade timing, entry prices, stop loss widths, and pip value, and reproducing the effective equity and lot sizing from those values. The match rate with EA-determined lot sizing is 99.9%, but this is not an actual live test.This EA is suited for people whoare tired of buying EAs one by one and want a finished combinationwant to know the worst possible drawdown before proceeding rather than focusing on profitsare looking for an EA that does not use grid or martingalewant to operate on domestic accounts as iswant to compound in the future but first confirm with fixed lotsThis EA is not suitable foran environment where opening 6 charts is difficult (VPS recommended)seeking to multiply capital in a short periodwant to avoid holding positions overnight in any case (this includes strategies that hold positions overnight)Please try first on a demo account or 0.01 lotThere is no need to operate the recommended lot in a live account from the start.There are two bundled settings files: “Modest (0.01 lot)” and “Recommended (0.06 lot)”.First, observe the behavior of the four strategies at the minimum lot, and only increase after you are convinced.Also, if another EA uses the same currency pairs or trading directions, you can turn strategies on/off per logic, so please try.Also, fixed-lot results are almost directly proportional to the lot size.With 0.01 lot, annual average profit:86,749 yen, maximum drawdown:41,082 yen.Recommended environmentItemDetailsInstalled chartsUSDJPY / AUDJPY / EURJPY (all M5 = 5-minute bars, 3 charts)Recommended lot0.06 (per 200,000 initial capital)Recommended margin200,000 yen or more (domestic accounts should have at least 300,000 yen for safety)Conservative setting0.01 lotMaximum simultaneous holdings3 lots (based on backtest)Supported accountsDomestic accounts can be operated (tested with FXTF)VPSRecommended (to run three charts 24/7)Having read this far, this is the optimal portfolio EA composed of four strategies, so although the price is high, you may still be convinced, butfor those who feel this EA is still out of reachThe single-version EAs of each strategy (logic) are sold separately as four EAs.If you obtain all four EAs, you can operate with nearly the same profits and maximum DD as this EA.※In that operation, set all four the same lot.※The standalone EAs do not have compounding functionality, so you need to adjust the lot size according to your funds.Also, the portfolio EA Constellation series includes “Constellation 4”, “Constellation 6”, and “Constellation 10”.“Constellation 4” + “Constellation 6” = “Constellation 10”.Compared to “Constellation 10”, the price of “Constellation 4” and “Constellation 6” is lower, butthe most economical is “Constellation 10”.For those who already have standalone EAsThis EA is priced cheaper than obtaining the four standalone EAs individually.Moreover, since it is a single EA, you do not need to worry about magic numbers overlapping or chart management, making operation easier.Also, with this version, you only need to update this EA when upgrading, so we recommend switching to this mode.NotesOnly when all three charts are installed will the results match the posted performance. If only some charts are used, results will differ.Because this includes a strategy that holds positions overnight,swap points affect profits and losses. MT4 validation applies current swap values across the entire period, so historic periods with low interest rates show more favorable swap results than reality.If your account’s spread is wider than the validation conditions, performance will deteriorate.For brokers with server time not GMT+2/+3, you need to set the “GMT offset” parameter (described in manual).When money management is ON, compounding changes lots, so performance and drawdown may differ from displayed values.If you use the same strategy’s standalone EA on the same account, it will enter trades twice. Please OFF one of the duplicate strategies.• Past performance does not guarantee future profits.• There is a possibility of losses depending on market conditions.• Trading is at your own responsibility.• This EA is not intended as investment advice.• To prevent trouble, domestic accounts are recommended for operation.
I have integrated the four EAs I list as standalone EAs into one EA.
If you place the same EA on three charts, all four strategies will run simultaneously. *We are releasing all EAs sequentially.
First, look at the numbers
Initial capital200,000 yen・Recommended lot0.06・2010.01 〜 2026.07 (about 16.5 years) Backtest.
| Item | Actual |
|---|---|
| Net profit (16.5 years) | 1,433,355 yen |
| Average annual profit | 86,749 yen(43.4% of initial capital) |
| Maximum drawdown | 41,082 yen(20.5% of initial capital) |
| Annual profit ÷ maximum drawdown | 2.11x |
| Recovery factor | 34.9 |
| Profit factor | 1.88 |
| Win rate | 58.1% (2,472 trades) |
| Annual balance | All 16.5 years positive(2010〜2026) |
Put in 200,000 yen and you get an average 86,749 yen per year.
Even at the deepest drawdown moment, 41,082 yen (20.5% of capital).
The speed of growth and the depth of decline have a ratio of2.11— this is the main feature of this product.
By keeping drawdown around 20% of capital and setting the recommended lot to 0.06, profits at this level are achieved. If you increase the lot, both profits and drawdown increase proportionally.
Why is drawdown small despite such profits
If you run the four strategies as separate EAs individually, the maximum drawdown of each would simply sum to 163,211 yen.
However,in a portfolio, running these four strategies in the same account simultaneously reduces the drawdown to 41,082 yen, down to 25% of the simple total.
| How to operate | Maximum drawdown |
|---|---|
| Operate the four strategies separately (sum of each strategy's max DD) | 163,211 yen |
| Constellation 4 (operating all four strategies simultaneously) | 41,082 yen |
Profits are simply added, but drawdowns cancel each other out.
This is not by chance;
by deliberately diversifying currency pairs, trade directions, and holding times,
you can operate with an optimal portfolio.
A strategy that is tough in one market tends to be favorable in another. Only such combinations were kept.
Four strategies included
| Strategy | Currency pair | Trading direction | Settlement | Trading frequency | 16.5 years net profit |
|---|---|---|---|---|---|
| Halcyon | USDJPY | Sell direction only | Same-day settlement | About 5 times per month | +432,702 yen |
| Meridian | USDJPY | Buy direction only | Hold to next day | About 2–3 times per month | +480,054 yen |
| Ignis | AUDJPY | Both directions | Same-day settlement | About 2 times per month | +164,922 yen |
| Solstice | EURJPY | Buy direction only | Hold to next day | About 2–4 times per month | +355,677 yen |
Buy-only, sell-only, and both; same-day settlement and next-day rollover; yen pairs, dollar-strong, and cross currencies.
The personalities are deliberately diversified.
Setting up is easy: just place the same EA on three MT4 charts!
| # | Chart (all M5 = 5-minute) | Strategy running there |
|---|---|---|
| 1 | USDJPY (USD/JPY) | Halcyon/Meridian |
| 2 | AUDJPY (AUD/JPY) | Ignis |
| 3 | EURJPY (EUR/JPY) | Solstice |
The EA looks at the currency pair of the installed chart and automatically operates only the strategy it is responsible for. Strategies judged on H1 and M15 are included, but the EA references the correct bars internally.All chart timeframes should be M5.
Three reasons to trust these numbers
① Verified with real trading costs
Using Dukascopy tick data (Tick Data Manager) with a realistic model by applying variable spreads per currency pair,
we validated with real market conditions.
We did not use zero spreads or fixed, “looks good” validations.
② Each single-EA trades identically to its merged version
For each of the four strategies included, the standalone EA and the merged EA showed exactly the same entry times, trade types, stop loss, take profit across all trades (total 2,472 trades).
The behavior remains the same when bundled, as verified.
③ We publish all the unfavorable numbers on this page
Drawdown is measured in the most conservative way, evaluating unrealized losses at the worst value of the 15-minute chart and summing assuming all positions hit the worst moment simultaneously.
In reality, it may not deteriorate this much, but we adopt a policy of showing the worst-side figures first.
Annual profit/loss (recommended lot 0.06)
| Year | Profit/loss (yen) |
|---|---|
| 2010 | +31,299 |
| 2011 | +55,606 |
| 2012 | +87,539 |
| 2013 | +136,601 |
| 2014 | +81,148 |
| 2015 | +76,971 |
| 2016 | +114,339 |
| 2017 | +59,858 |
| 2018 | +70,545 |
| 2019 | +45,479 |
| 2020 | +135,559 |
| 2021 | +80,871 |
| 2022 | +111,928 |
| 2023 | +118,708 |
| 2024 | +119,287 |
| 2025 | +103,382 |
| 2026※ | +4,233 |
※2026年は7月時点の途中経過です。年間を通した結果ではありません。
After the Lehman Shock, the Corona Shock, and the historic yen depreciation in 2022—
by going through markets with different characters,16.5 years of all-positivehas been maintained.
One EA cannot do this.The underperforming strategies are compensated by the well-performing ones.
Backtest verification conditions
■ FXTF (domestic broker) Data used : Dukascopy tick data (Tick Data Manager) Spread : Variable spreads + market spreads per currency pair Model : All ticks / modeling quality 99.90% Period : 2010.01 〜 2026.07 (about 16.5 years) Initial equity: 200,000 yen Lot : 0.06 (common to all strategies, fund management OFF) Strategy-specific acquisition: measure each strategy with this EA and synthesize in a single account ※ We did not conduct validations with zero spreads or fixed spreads that deviate from real conditions.
Strategy-specific backtest reports (4 copies) and portfolio reports synthesized from them are included with the product. Please verify the numbers with your own eyes before making a decision.
This portfolio EA also includes capital management (compounding) features
A new feature added in this series.Initial state is OFF and orders are placed with the value entered in “Lot” (the results shown are with this state).
Setting it ON will ignore the value in “Lot” and automatically calculate and place orders based on current usable equity, allowable risk percentage, and stop loss width for each trade.
If capital increases, lots increase; if it decreases, lots shrink—this is for those who want to operate with compounding.
As capital increases, lots automatically increase; as it decreases, they decrease, so you don’t need to recalculate or adjust lots.
However, increasing capital does not simply mean increasing the lot. When drawdown deepens, the lot is stepped down to protect capital.
- Only specify the permitted risk percentage per trade (displayed items are only two — “Use money management (compound risk%)” and “Permissible risk per trade” (default 1.0%))
- The basis uses the available margin rather than the balance, considering unrealized losses in holdings to determine lots
- Stop loss width uses actual stop loss if it exists. Time-based settlement strategies use the strategy-specific assumed distance.
Protective mechanism of capital management (all automatic, no setup required)
Drawdown-linked lot reduction — from peak capital, over 8% 0.40x, over 15% 0.15x, over 22% 0.07x automatically lowering lots
Total risk cap — keep the total potential loss of all chart positions within 8% of usable margin; reduce new lots if exceededPer-position cap — to avoid misclassifying actual risk as insurance SL and compromising other strategies, cap one position at 2% of assets
Margin usage cap — limit lots so unused margin does not exceed 50% of usable margin
Margin clamp — recalculate lots from required margin with a 90% capacity limit
Pre-order check — skip orders if there is insufficient capacity
Even on multiple charts, total risk and peak assets are shared across charts when operating in real life
No grid or martingale strategies at all. Even if you lose, you do not increase the next lot
Performance under compounding differs from the displayed values. We recommend verifying with a fixed lot in OFF state first.
Reference: Testing period 2021-06-21 to 2026-06-16Over five years, the initial capital of 200,000 yen grows to 1,800,000 yen (9.0x), and maximum drawdown is 15.7%.
Note: MT4 tester can only validate one chart; thus, the compound operation across multiple currency pairs cannot be measured. This performance is a backtest using the four strategy-by-strategy trades measured on a single account with compounding ON, using the trade timing, entry prices, stop loss widths, and pip value, and reproducing the effective equity and lot sizing from those values. The match rate with EA-determined lot sizing is 99.9%, but this is not an actual live test.
- are tired of buying EAs one by one and want a finished combination
- want to know the worst possible drawdown before proceeding rather than focusing on profits
- are looking for an EA that does not use grid or martingale
- want to operate on domestic accounts as is
- want to compound in the future but first confirm with fixed lots
This EA is not suitable for
- an environment where opening 6 charts is difficult (VPS recommended)
- seeking to multiply capital in a short period
- want to avoid holding positions overnight in any case (this includes strategies that hold positions overnight)
Please try first on a demo account or 0.01 lot
There is no need to operate the recommended lot in a live account from the start.There are two bundled settings files: “Modest (0.01 lot)” and “Recommended (0.06 lot)”.
First, observe the behavior of the four strategies at the minimum lot, and only increase after you are convinced.
Also, if another EA uses the same currency pairs or trading directions, you can turn strategies on/off per logic, so please try.
Also, fixed-lot results are almost directly proportional to the lot size.
With 0.01 lot, annual average profit:
86,749 yen,41,082 yen.
| Item | Details |
|---|---|
| Installed charts | USDJPY / AUDJPY / EURJPY (all M5 = 5-minute bars, 3 charts) |
| Recommended lot | 0.06 (per 200,000 initial capital) |
| Recommended margin | 200,000 yen or more (domestic accounts should have at least 300,000 yen for safety) |
| Conservative setting | 0.01 lot |
| Maximum simultaneous holdings | 3 lots (based on backtest) |
| Supported accounts | Domestic accounts can be operated (tested with FXTF) |
| VPS | Recommended (to run three charts 24/7) |
Having read this far, this is the optimal portfolio EA composed of four strategies, so although the price is high, you may still be convinced, but
for those who feel this EA is still out of reach
The single-version EAs of each strategy (logic) are sold separately as four EAs.If you obtain all four EAs, you can operate with nearly the same profits and maximum DD as this EA.※In that operation, set all four the same lot.※The standalone EAs do not have compounding functionality, so you need to adjust the lot size according to your funds.
Also, the portfolio EA Constellation series includes “Constellation 4”, “Constellation 6”, and “Constellation 10”.
“Constellation 4” + “Constellation 6” = “Constellation 10”.
Compared to “Constellation 10”, the price of “Constellation 4” and “Constellation 6” is lower, butthe most economical is “Constellation 10”.
For those who already have standalone EAs
This EA is priced cheaper than obtaining the four standalone EAs individually.
Moreover, since it is a single EA, you do not need to worry about magic numbers overlapping or chart management, making operation easier.
Also, with this version, you only need to update this EA when upgrading, so we recommend switching to this mode.
Notes
- Only when all three charts are installed will the results match the posted performance. If only some charts are used, results will differ.
- Because this includes a strategy that holds positions overnight,swap points affect profits and losses. MT4 validation applies current swap values across the entire period, so historic periods with low interest rates show more favorable swap results than reality.
- If your account’s spread is wider than the validation conditions, performance will deteriorate.
- For brokers with server time not GMT+2/+3, you need to set the “GMT offset” parameter (described in manual).
- When money management is ON, compounding changes lots, so performance and drawdown may differ from displayed values.
- If you use the same strategy’s standalone EA on the same account, it will enter trades twice. Please OFF one of the duplicate strategies.
• Past performance does not guarantee future profits.
• There is a possibility of losses depending on market conditions.
• Trading is at your own responsibility.
• This EA is not intended as investment advice.
• To prevent trouble, domestic accounts are recommended for operation.
Price: $757.19 (taxed)
¥120,000(taxed)
●Payment
Sales from : -
Price: $757.19 (taxed)
¥120,000(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
