Financial business operator Kanto Finance Bureau Director (Financial) No.1960/Member Association Japan Investment Advisers Association Member Number 012-02324

RICH Morning Trap Ultimate|GBPJPY 10 o’clock Break EA

RICH Morning Trap Ultimate|GBPJPY 10 o’clock Break EA

RICH Morning Trap Ultimate|GBPJPY 10 o’clock Break EA Auto Trading
Expert Advisors
MetaTrader 4
Sales from
9/2/2026
Last Updated At
8/23/2026
Version
8.0
  • Whole period
  • 2 years
  • 1 year
  • 6 months
  • 3 months
  • 1 month
Profit
-34,397JPY
Profit Factor
0.45
Rate of return risk  ?
-0.43
Average Profit
6,983JPY
Average Loss
-10,388JPY
Balance  ?
965,603JPY
Rate of return (all periods) ?
-5.42%
Win Rate
40.00% (4/10)
Maximum Position  ?
3
Maximum Drawdown  ?
12.37% (79,430JPY)
Maximum Profit
15,057JPY
Maximum Loss
-24,200JPY
Recommended Margin  ?
634,672JPY
Unrealized P/L
0JPY
Deposit  ?
1,000,000JPY
Currency
JPY- Account
Operable Brokers
Usable with MT4-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
[GBP/JPY]
Trading Style
[Day Trading]
Maximum Number Position
4
Maximum Lot
10
Chart Time Frame
M5
Maximum Stop Loss
110
Take Profit
300
Straddle Trading
Yes
Application Type
Metatrader Auto Trading
Other File Usages
No
Approximately 11 and a half years, across 12 positive periods, a new generation v8.0 born from long-term research
RICH Morning Trap Ultimate
GBPJPY dedicated, 10:00 AM breakout EA
Rather than a winning EA,
an EA that survives.
Do not rely on averaging down or martingale / Same-day completion
Auto Lot compounding support / No overnight holds
1,000,000 yen becomes
about 130 times
Profit Factor
2.06
Maximum relative DD
22.61%
 
 

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.

“Trade today, finish today.”

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.

First, from about 11.5 years of long-term backtest results

Before listing words, please look at the numbers.January 2015–June 2026, GBPJPY / MT4 M5 / all ticks compounding backtest.

Compound operation ・ Initial capital
1,000,000 yen
Ending balance
130,074,905 yen
About 130 times
Profit Factor
2.06
Maximum relative DD
22.61%
Win rate
58.76%
2015–2026 June, all 12 periods positive
※GBPJPY/MT4 M5/All ticks/2015/1–2026/6
※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.

v8.0 is not “an EA that simply enters”

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.

The “defense” of RICH Morning Trap Ultimate
✓ 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
But……
“If you protect too much, won’t the assets stop growing?”
Do you think so?

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.

Backtest details
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%
Not a figure created by compound interest alone

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—

Total gain by price movement
About +26,960 pips

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.

This is not an EA that focuses on a flashy single year
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
From 2015 to June 2026, all 12 periods positive.

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.

v8.0 aims for “quality over quantity”

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.

And one more thing.
Win rate
58.76
Not 90% or 95%.
It is not an EA that hardly ever loses.
Nevertheless
To create a high win rate
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.

When you lose, you lose.
But do not push losses to the next day.
And then move on to the next opportunity.
v8.0 standard capital management | Risk10% Auto Lot

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.

Based on a baseline where all four positions reach their set SL, the total risk is calculated so that it is roughly 10% of the account balance.

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.

Not only profits but also risk is disclosed

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%.

FX 20 years experience, FX specialist 15 years, FX trader, Rich development

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.

Features of RICH Morning Trap Ultimate v8.0
  • 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
For whom
  • 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
Protect. But also attack.
Wait. Then aim.
RICH Morning Trap Ultimate v8.0
【More surviving EA than winning EA.】
And――
【To create higher win rate, you can grow your assets without bearing losses.】
【About Backtests】
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.
Sales from :  09/02/2026 20:19
Purchased :  0 times

Price: $193.91 (taxed)

¥29,800(taxed)

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Next price: (Tax Inc.)
$258.975 ¥39,800
Provider/Distributor:
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Payment

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Forward Test
Back Test

Sales from :  09/02/2026 20:19
Purchased :  0 times

Price: $193.91 (taxed)

¥29,800(taxed)

20left
Next price: (Tax Inc.)
$258.975 ¥39,800
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)