Churros99 AUDNZD 5 (Trial Version)Trial Version
- 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
- Nov
- Dec
Calendar for Months
About EA's Strategy
Translating...
Do not forecast. Turn the price movement into profit. Specially tuned for AUDNZD on the 5-minute chart. No averaging down, no martingale, supports hedging. This grid EA is designed with a practical mindset of not predicting the market future but accumulating profits by the realized price movement after the move. It combines ATR-based variable grid, MA-based trend detection, and range-shift type stop-loss logic to pursue stability under full operation. Churros99AUDNZD Backtest ProgressThe balance in the backtest shows long-term upward growth despite occasional drawdowns; overall, the design philosophy of accumulating profits is evident in the graph.
This EA's ConceptMany EAs attempt to predict “will go up or down” based on past price movements or indicators. However, the idea of Churros99AUDNZD is different. This EA targets reaction, not prediction. After the price actually moves, it adds profits and cuts losses according to the move's magnitude, and if the range breaks, it cuts losses and shifts the range itself. Therefore, it does not try to force the market, but seeks profit opportunities in actual price movements.Churros99AUDNZD Features1. AUDNZD 5-minute dedicated tuning
This is not a generic design ignoring the quirks of each currency pair, but an optimization tailored to AUDNZD movement and M5 environment. It aims for stability: not too volatile, not too static, suitable for continuous operation.
2. No averaging down or martingale
Not designed to increase risk by doubling positions. It is built on the philosophy of stacking profits from price moves without relying on martingale.
3. Hedged grid that handles both up and down movements
By managing buy and sell independently, it is easy to respond to moves in either direction. In implementation, buy and sell are judged separately and opened with independent logic.
4. Variable grid width by ATR
Grid width is not fixed; it varies with volatility using ATR. Since the same width isn’t reused during calm vs volatile markets, more realistic operation is possible.
5. Trend detection filter by MA
An EMA-based trend detection filter is included to improve reverse- and trend-following switch accuracy, with safeguards to prevent losses during range or trending phases.
6. Up to 18 positions managed
The EA has a maximum position cap of 18. It’s not assumed positions will pile up; the idea is to operate within a controlled range.
7. Not fixed take-profit, “range width linked” take-profit
Take-profit is not simply fixed; it’s built to consider price differences of held positions and range width, allowing profit-taking aligned with market expansion.
8. If price breaks from range, cut losses and shift the range
Instead of holding and hoping, if the price is judged to have left the range, the EA cuts losses and rebuilds to a new price band. This aims to reduce the weakness of grid EAs, i.e., leftover risk.
9. Position management by magic number
Positions are managed by a magic number, making it easier to run alongside other EAs or multiple instances.Backtest ResultsIn the Strategy Tester report, testing spans from September 1, 2015 to December 31, 2025 (about 10 years and 4 months). Initial margin 1,000,000, lot size 0.05, net profit 1,716,704, profit factor 1.63, maximum drawdown 16.34%, total trades 949, win rate 84.19%. Even in the long term, profits accumulate and show performance.
Who this EA is suited for
Churros99AUDNZD is aimed at people who want to “increase profits by reacting” rather than “take a big one-shot win.” It aims to steadily accumulate profits based on actual price movement rather than predicting the market. It is suited for someone seeking a grid-type EA that operates fully and is robust to prevent blowups, not a sharp, aggressive design like martingale or unlimited averaging down.Portfolio Operation with Maple SeriesChurros99AUDNZD can be operated standalone, but combining it with Maple Series EAs for different currency pairs can diversify revenue sources and enhance stability. Rather than ending with a single EA, combining multiple currency pairs and logic characteristics helps balance the overall portfolio.
■ Estimated Maximum Drawdown
・25–40% (0.01 lot / 200,000 yen) Subject to market conditions. ■ Target Users ・Beginners to intermediate who want hands-off management ・People who want long-term operation with low drawdown ■ Recommended Operating Conditions ・Timeframe: M5 ・Currency Pair: AUD/NZD ・Minimum Capital: 200,000 yen ・Recommended Lot: 0.01 lot / 200,000 yen (officially 0.05 lot / 1,000,000 yen for demo) ・VPS: Recommended ・Smaller spreads are preferable Note: Because one lot’s definition varies by broker, please adjust to your broker’s lot unit. Excessive lot sizing may exceed the assumed drawdown, so be careful.
Churros99AUDNZD is focused on AUDNZD on the 5-minute chart and aims to be used in full operation by combining hedged grid, variable ranges, a trend filter, and range-shifting.
Important Notes When Trial Version Ends
EA Auto-Stop
Handling Remaining Positions set the same magic number
Pre-Recommended Actions
Full Version Here
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
