Give me Swap! for MT5

Give me Swap! for MT5 What is

Give me Swap! is an EA designed with the assumption of operation in domestic FX accounts, for BUY on USDJPY and JPY crossesonly.

Main features are as follows.

・BUY only for USDJPY and cross yen pairs
・Max one position per currency
・No averaging down
・No martingale
・Loss-cutting settings are possible
・Profit from price difference and swap are combined for settlement decision
・If swaps accumulate near the entry price, it may target exit near cost price
・Designed with domestic FX low leverage environment in mind

The currencies targeted are mainly the following pairs.

・USDJPY
・AUDJPY
・CADJPY
・EURJPY

All are assumed BUY in cross yen.

In domestic FX accounts, many pairs accrue positive swap on cross yen BUY, so decisions for settlement consider not only price rebound but also daily swap.

What I want this EA to do

Buy on looks like a pullback. If it goes up, take profit as usual.
If it gets trapped, wait while collecting swap.
After it returns near the entry price, exit when it is plus including swap.

This is the flow.

For example, even if price difference profit is almost zero, if swap is over 50 yen (configurable), the overall is positive.

In that case,the EA judges settlement on the aggregate P/L including swap, not only price difference profit.

As a real image,

unrealized loss: -4 yen
swap: +55 yen
net: +51 yen

Settlement can occur in such a state. (when 50 yen setting)

Normally it looks like “almost cost-price exit,” butincluding swap it is clearly positive.

Even if trapped, wait while collecting swap and exit early when it returns
.

Currently running on real account

Give me Swap! is currently operating on a real account with OANDA.

Operation status is公開 here.

Real Trade Operation page

At present, on OANDA real account,

・USDJPY
・AUDJPY
・CADJPY
・EURJPY

are the focus, tested with 0.01 lot each. Initially started with USDJPY, AUDJPY, CADJPY on a 100k account. Then EURJPY was added as situation allowed. Domestic FX accounts have low leverage, so we aim to operate without raising lots too much and not increasing the number of currencies too much, maintaining margin safely.
Additional funds may be made to maintain margin.
Currently, the concept of single position per currency, low lot size, and swap-inclusive profit is feeling quite good.

Give me Swap! is not an EA for rapidly increasing funds in a short period.

Rather, it is suitable for people like the following.

・People who want to run EA in domestic FX accounts without difficulty
・People who like operation that leverages swap
・People who are uncomfortable with rapid lot increases like averaging down or martingale
・People who want to operate at low lot size steadily
・People interested in swap-based cross yen BUY operation
・People who want to accumulate gradually with near-fully automated management

It is not ideal for those who want to earn big in short term or who want to avoid any unrealized losses.
As it is a cross yen BUY EA, in a strong yen phase multiple currencies may incur unrealized losses simultaneously.

However,this EA is designed with a single currency to one position.
It does not continue to increase positions by averaging down.
Therefore, if you manage the lot size and number of currencies, the risk is relatively easy to imagine.

Starting with 1 currency and adding another after getting trapped may be good.

About the 10-year backtest

Give me Swap! uses OANDA MT5 historical data to perform
a backtest for about 10 years from 2016-01 to 2026-01.

Test conditions are as follows.

・OANDA-Japan MT5 Live
・Initial margin 100,000 yen
・Leverage 25x
・Lot 0.01
・M5
・Cross yen BUY
・1 currency 1 position
・No averaging down
・No martingale
・No stop loss
・Swap-inclusive settlement

Backtesting is based on past data and does not guarantee future profits.
However, since it covers a long period of 10 years, it can be a参考 in evaluating whether it is merely short-term curve fitting.

Backtest results for 10 years (2016.1.1-2026.1.1)

The currency pairs primarily checked are below

・USDJPY
・AUDJPY
・CADJPY
・EURJPY
・GBPJPY

Each started with 0.01 lot and 100,000 yen and operated alone.

USDJPY

USDJPY is the central candidate for Give me Swap!

10-year backtest shows net profit of about 49,462 yen.
Number of trades: 1,014.
Win rate: 99.90%.
Maximum drawdown of margin was about 23,941 yen.

USDJPY trades frequently and appears to rotate stably.
When operating domestically FX, this is the first currency pair to consider.

AUDJPY

AUDJPY moves a bit differently from USDJPY, a diversification candidate.

10-year backtest net profit about 27,081 yen.
Number of trades: 591.
Win rate: 99.83%.
Maximum drawdown of margin was about 24,489 yen.

Not as profitable as USDJPY, but in live operation there are good examples of swap-inclusive settlements.
In actual operation, price difference profit near cost price often becomes net positive due to accumulating swap.

I think this currency shows easy-to-see behavior of Give me Swap!

CADJPY

CADJPY is viewed as a defense-oriented currency pair.

10-year backtest net profit about 23,318 yen.
Number of trades: 576.
Win rate: 99.83%.
Maximum drawdown of margin was about 16,886 yen.

Profit is modest, but maximum drawdown is relatively low.

As a third currency to pair with USDJPY and AUDJPY, it is quite easy to handle.

EURJPY

EURJPY yielded very good results this time (*^▽^*)

10-year backtest net profit about 53,844 yen.
Number of trades: 1,104.
Win rate: 99.91%.
Maximum drawdown of margin was about 22,575 yen.

Although profit is large, drawdown is within a similar range as USDJPY or AUDJPY.

Therefore, rather than starting with 100k account immediately, it is a candidate to add as the fourth currency with 200k or more.

Personally, a highly valued currency.

GBPJPY

GBPJPY is quite strong in terms of profit.

10-year backtest net profit about 68,517 yen.
Number of trades: 1,394.
Win rate: 100%.
Maximum drawdown of margin was about 27,845 yen.

However, GBPJPY has large price movement.

Test results are very good, but I think it's a bit aggressive to adopt it in a 100,000 yen domestic FX account from the start.

Therefore, in the Give me Swap! basic set, GBPJPY is not strongly recommended from the start for those with ample funds or as a test candidate on another account.

Impressions of currencies from backtest results

Roughly, the impressions are as follows.

USDJPY
Main candidate. High number of trades and stable.

AUDJPY
Diversification candidate with a slightly different rhythm from USDJPY. Swap-inclusive settlement pairs well.

CADJPY
Defensive. Profit modest but easy as third currency.

EURJPY
Good balance of profit and rotation. Very strong option for 200k operations.

GBPJPY
Profit strong but price movement large. For those who want to push.

Based on these results, standard operation model is considered as follows.

Recommended operation model

100k operation

When operating with 100k, first aim for up to 3 currencies.

Recommended example：

・USDJPY 0.01
・AUDJPY 0.01
・CADJPY 0.01

This 3-currency configuration is currently running on OANDA real account.

Operating 4 currencies with 100k is not impossible, but domestic FX has leverage 25x, soif all four currencies get trapped at the same time, margin maintenance rate can drop to the 400% range.
Because this is a single-position EA without averaging down, I personally still feel comfortable, but
as a standard guideline, 3 currencies are recommended for 100k.

200k operation

With 200k, a 4-currency configuration is quite clean.

Recommended example：

・USDJPY 0.01
・AUDJPY 0.01
・CADJPY 0.01
・EURJPY 0.01

In this form, you can gain more space than the 3-currency 100k setup and also capture EURJPY profitability.

Personally, I feel this 200k 4-currency configuration is the most balanced for domestic FX use of Give me Swap!

300k+ operation

Even with 300k or more, instead of raising lots immediately, I think it is better to first diversify to 0.01 per currency.

However, cross yen BUY is not a full diversification.

In a yen appreciation phase, USDJPY, AUDJPY, CADJPY, EURJPY etc. may all incur unrealized losses at the same time.

Therefore, when increasing currency count,

・Do not activate all currencies at once on the same day
・Add currencies one by one as you monitor
・If several currencies are already trapped, fund additional liquidity before increasing
・Do not raise lots suddenly

Keep these in mind.

Why recommend 0.01 across multiple currencies instead of 0.02

If you have 200k, some may think to raise 0.02 for the same 3 currencies as with 100k.
Of course, that is not impossible.
Personally, I prefer increasing currencies at 0.01 rather than moving to 0.02 initially.
Reason: if you move to 0.02, profits double, but unrealized losses and required margin also nearly double.

In other words,

10万円 0.01
20万円 0.02

safety margin does not increase much.

10万円 3 currencies 0.01
20万円 4 currencies 0.01

increase capital flexibility while slightly increasing trading opportunities.

Give me Swap! is not an EA seeking explosive gains.
It is an EA that earns swap while slowly building with low lots.
Therefore, I recommend starting with 0.01 operation.

No averaging down or martingale

Give me Swap! does not use averaging down or martingale.

Max one position per currency.
For example, if you hold one position in USDJPY, you will not enter another new entry in USDJPY. You wait for that position to settle before entering again.
This prevents the number of positions from increasing when unrealized losses occur.
Of course, when operating with multiple currencies, you may hold one position per currency.

Thus, when operating with USDJPY, AUDJPY, CADJPY, EURJPY four currencies you may hold up to four positions.

However, you will not pyramid within the same currency.

This is a major difference from typical averaging-down martingale EAs.
In a downward trend, unrealized losses accumulate but swaps also come in daily, resulting in less mental strain over long-term operation 👍

About stop loss

The initial setting has stop loss set to 0 yen, i.e., disabled.

Give me Swap! is an EA that waits for trapped positions to collect swap and exit when they return.
Therefore, basic operation assumes no stop loss.
However, you can set a stop-loss amount as a parameter.

For example, if you set stop-loss to 10,000 yen, settlements occur when the aggregated P/L of the target positions reaches minus 10,000 yen.

Whether to include a stop loss depends on the operator, but my standard guidance is

・low lot
・do not increase currency count too much
・leave margin cushion
・stop loss is 0 yen (disabled)

as the basic form.

Cautions

Give me Swap! is relatively a slow EA, but it does have risks.
Particularly important is that it is cross yen BUY.

Cross yen BUY tends to be profitable in a weak yen direction, but in a strong yen direction multiple currencies may incur unrealized losses simultaneously.

USDJPY, AUDJPY, CADJPY, EURJPY each move differently, but in a very strong yen phase they may all drop together.

・Do not raise lots too much
・Do not increase currency count too much
・Ensure margin maintenance margin is ample
・Do not operate all currencies at once from the start
・Do not rely solely on backtest results

Please keep these in mind.

Especially domestic FX has leverage 25x, so margin maintenance rate is not as high as overseas FX.

Aiming for about 3 currencies with 100k and about 4 currencies with 200k, operating with ample margin is recommended.

Frequently Asked Questions

Q. What time frame do you recommend?

A. M1 and 1-minute charts are recommended.

Q. Can I use it with multiple currencies?

A. Yes, you can. Set the EA on the M1 chart for each currency pair you want to operate.

Q. Do you use averaging down or martingale?

A. No. Maximum one position per currency.

Q. Is there a stop loss?

A. Stop loss is disabled by default. You can set a stop-loss amount in yen.

Q. Can I use it with overseas FX?

A. It can be used in MT5 environments. However, be sure to confirm whether the target currency BUY swap is positive and that it is not a swap-free account.

Q. Recommended lot size?

A. For domestic FX accounts, 0.01 lot is recommended.

Q. Which currencies do you recommend?

A. Standard candidates are USDJPY, AUDJPY, CADJPY, EURJPY. GBPJPY has large price movement, so only for those with ample funds.