RICH Morning Trap Ultimate|GBPJPY 10 o’clock Break EA
- Whole period
- 2 years
- 1 year
- 6 months
- 3 months
- 1 month
Forward testing (Profit)
Monthly Statistics
- Jan
- Feb
- Mar
- Apr
- May
- Jun
- Jul
- Aug
- Sep
- Oct
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Calendar for Months
About EA's Strategy
Translating...
Averaging downholds unrealized losses for days on end.
Every loss, you increase the lot size with martingale and lose everything in the final strike.
Behind a high win rate,huge unrealized lossescontinue to be endured.
――That EA seems to be winning, butit is not in a state where it can exit at any time?
RICH Morning Trap Ultimate was born from the opposite idea.
Do not postpone losses to tomorrow. Do not double the lot size to recover losses. And in bad market conditions
do not force trades.
This simple philosophy was thoroughly re-researched using about 11.5 years of GBPJPY data from 2015 to June 2026, resulting inRICH Morning Trap Ultimate v8.0.
Before listing words, please look at the numbers.January 2015–June 2026, GBPJPY / MT4 M5 / all ticks compounding backtest.
|
Profit Factor
2.06
|
Maximum relative DD
22.61%
|
Win rate
58.76%
|
※Initial margin 1,000,000 yen/Auto Lot・Risk10%/Maximum 10 lot/Fixed spread 2.5 pips
※Backtest results do not guarantee future profits.
――Then, why does this achieve 58.76% win rate?
We will explain the mechanism now.
In v8.0, while retaining the traditional 10:00 a.m. breakout structure, long-term backtest reanalysis greatly evolved to“which markets to skip and which price movements to fight”.
| ✓ Assess the quality of the initial move Observe the timing of breakout to avoid unfavorable situations |
✓ Assess the speed of price movement Do not chase simply because price reached a level |
| ✓ Assess reversal points Use market direction changes to limit unnecessary losses |
✓ Limit new trades at midnight Reduce unnecessary new trades that would carry over to the next day |
v8.0 aims not to trade more, but to trade better.
Rather, the other way around.Reduce hard-to-win trades, and raise the quality of each remaining trade.That is the core of this major update.
| ✓ No martingale In principle, do not hold positions into the next day |
✓ Maximum 4 positions simultaneously Do not increase positions without limit |
| ✓ No martingale Do not double the lot size every time you lose |
✓ No averaging down for relief of losses Do not buy down or sell up to recover losses |
| ✓ Set a stop Maximum 110 pips per position |
✓ End all trades at 24:00 That day’s positions are settled that day |
Protect. But also attack.
I did not intend to create an EA that sacrifices profits just to reduce drawdown. The aim wasto avoid fatal losses while accumulating profits over a long period.
| Validation period | 2015 January–2026 June (about 11.5 years) |
| Initial margin | 1,000,000 yen |
| Ending balance | 130,074,905 yen |
| Net profit | +129,074,905 yen |
| Profit Factor | 2.06 |
| Maximum relative drawdown | 22.61% |
| Total trades | 1,164 |
| Win rate | 58.76% |
| SELL win rate | 59.48% |
| BUY win rate | 57.86% |
When you hear that “1,000,000 yen becomes about 130,074,905 yen,”you might think it’s just due to larger compounding lotsHowever, if we convert each of the compounding BT trades to pips regardless of lot size and tally them—
In other words, not all asset growth depended only on compounding. The trading logic itself has a long-term positive expectation, and compounding via Auto Lot is added on top.
| 2015 | +2,255.4 pips |
| 2016 | +3,886.0 pips |
| 2017 | +2,600.3 pips |
| 2018 | +1,010.5 pips |
| 2019 | +659.2 pips |
| 2020 | +602.6 pips |
| 2021 | +213.0 pips |
| 2022 | +5,762.3 pips |
| 2023 | +3,832.2 pips |
| 2024 | +2,725.4 pips |
| 2025 | +1,942.1 pips |
| 2026 Jan–Jun | +1,470.6 pips |
This is not the result of selecting only good years. It emphasizes that even with some weak years, over about 11.5 years there were no annual or periodical negatives.
In v8.0, a key focus wasnot increasing profits by increasing trade frequency.
By adding a filter to skip bad situations, the number of trades decreased compared to the traditional approach.
Reduce trades, and still improve profit efficiency.
This is the design philosophy of RICH Morning Trap Ultimate v8.0.
It is not an EA that hardly ever loses.
you do not need to endure losses forever,
assets can still grow.
If you win 90 times out of 100, it is meaningless if one huge loss erases everything. RICH Morning Trap Ultimate aims not to be an EA that makes you look invincible.This is not about showing you how not to lose.
But do not push losses to the next day.
And then move on to the next opportunity.
In standard settings, the lot size is automatically adjusted according to account balanceAuto Lot compound interest methodis used. Risk10% does not mean betting 10% of the account on one position.
As profits grow, lots gradually increase; as balance decreases, lots shrink automatically. Also, the maximum lot per position is10 lot, as the cap.Switching to fixed lot operation is also possible.
1,000,000 yen becomes about 130,070,905 yen. That alone is a very flashy number.
But at the same time, the backtest maximum relative drawdown was22.61%.
We focus not on “how to make the flashiest backtest” but on “how to stay in the market longer while seeking profits.”
In v8.0, after analyzing about 11.5 years of trading, we studied not only simple parameter optimization but alsothe structure of price moves that make you lose.
And, instead of tailoring only to the past by adding conditions, we adopt features that show the same tendencies across multiple eras.
- GBPJPY専用developed and tested for GBPJPY
- Japan timebased on 10:00 AMautomatic decision
- Using multiple internal filtersto select markets to trade vs. skip
- Price movement’stime, progression speed, and reversal structureused in v8.0 logic
- No martingale that doubles lots on lossなし
- Not an averaging-down EA that unlimitedly adds on lossesではありません
- Maximum 4 positions simultaneously
- Maximum stop loss110 pips
- Take profit300 pips
- Standard settingRisk10% Auto Lot
- Maximum lot10lot
- Can switch to fixed lot operation
- Principle of all settlement at 24:00 and no cross-day
- No external indicators or DLL required
- Installation chart:GBPJPY M5
- Tired of averaging-down/martingale EA with large unrealized losses .
- Doubtful about EA that only emphasizes high win rate
- Do not want to hold positions for days
- Value per tradeover the number of trades
- Want to confirm not only profits but also DD and risk when choosing an EA.
- Value long-term data over short bursts
- Want to use compounding and fixed lots as appropriate
Wait. Then aim.
The backtest results published here are validations using past historical data and do not guarantee future profits or similar performance.
The published compounding backtests were conducted with initial margin of 1,000,000 yen, Risk10% Auto Lot, a maximum of 10 lots, and a fixed spread of 2.5 pips.
Auto Lot compounding can expand profits but also increases the amount of losses with account size. The backtest relative drawdown is 22.61%, but future drawdowns may exceed this.
Actual trading results vary by FX broker, spreads, slippage, execution environment, connectivity, market conditions, etc., and backtest results may diverge from live results.
Foreign exchange trading involves risk of loss. Ensure sufficient funds, and use within your risk tolerance.
Price: $193.91 (taxed)
¥29,800(taxed)
●Payment
Sales from : 09/02/2026 20:19
Price: $193.91 (taxed)
¥29,800(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
