MSCA Advance USDJPY M5
Expert Advisors
MetaTrader 4
Sales from
6/2/2016
Last Updated At
5/18/2019
Version
3.1
My Profile
JAM- Whole period
- 2 years
- 1 year
- 6 months
- 3 months
- 1 month
Profit
:
188,718JPYProfit Factor
:
1.12Rate of return risk
?
:
0.9Average Profit
:
1,075JPYAverage Loss
:
-4,217JPYBalance
?
:
1,188,718JPYRate of return (all periods) ?
:
26.27%Win Rate
:
81.46%
(1696/2082)
Maximum Position
?
:
5Maximum Drawdown
?
:
19.87%
(210,327JPY)
Maximum Profit
:
10,840JPYMaximum Loss
:
-7,050JPYRecommended Margin
?
:
718,417JPYUnrealized P/L
:
0JPYDeposit
?
:
1,000,000JPYCurrency
:
JPY- Account
Operable Brokers
Usable with MT4-adopting brokers.
※EA measurement is stopped
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
[USD/JPY]
Trading Style
[Scalping]
Maximum Number Position
3
Maximum Lot
10
Chart Time Frame
M5
Maximum Stop Loss
50
Take Profit
20
Straddle Trading
No
Application Type
Metatrader Auto Trading
Other File Usages
No
<Overview
This is a time-specified USD/JPY M5 scalper.
○ As a design, the profit is larger than "MSCA_USDJPY_M5".
○Two logics are incorporated, and if the position of the priority logic is not closed, it is possible to have an additional position after the specified entry time.
If the position of the priority logic is not closed, additional positions may be taken after the specified entry time.
One logic will hold one position when the entry conditions are met.
The other logic will hold one position and then hold up to two additional positions if the entry conditions of the internal logic are met.
The other logic holds one position and then adds up to two additional positions if the entry conditions of the internal logic are met.
Therefore, a total of three positions are held.
<Entry Time
Entry will be made between 4:00 and 7:00 a.m. Japan time. (24 hours notation).
<Parameters
Magic= 16042522 Magic number
Slippage = 4 Slippage
MaxSpread = 5 Spread
MaxSpread = 5 Spread ○Lots = 0.1 lot
MaxPosition = 1 Maximum number of positions
This is the maximum number of positions that can be changed by external parameters.
Apart from this, there are MAX 2 positions that are entered by the internal logic.
Therefore, the default number of positions is 3 in total.
The MAX 2 positions based on the internal logic cannot be changed.
True: Compound interest, False: Simple interest false: simple interest
Risk = 1 Interest rate (%) for compound interest Interest rate (%)
*Entry is made with the maximum lot that can be entered at the interest rate of the margin.
Take_Profit_pips = 20 Take profit (T/P) pips
(Take_Profit_pips = 20 take profit (T/P) pips (with trailing stop based on internal logic)
Effectively, the TP is around 10 pips as in the previous version.
Stop_Loss_pips = -50 stop loss (S/L) pips
AutoGMT setting
Please use a PC or VPS in Japan time.
It is possible to use a PC or VPS on an overseas time zone, but it requires a time-consuming configuration change. (Deprecated).
If UseAutoGMT = true, (only PCs and VPS on Japan time can be used)
MT4(Server) will enter at the specified time without entering the daylight saving time type or GMT offset.
If UseAutoGMT = false
Please enter the daylight saving time type and GMT offset.
When backtesting, please test with false. (See "Others" below).
comment_01 = "-----AutoGMT Setting-----" Comment
comment_02 = "true: Auto | false: Manual " Comment
UseAutoGMT = true (as per comment_02)
comment_03 = " 0: Not SummerTime | 1 :London | 2: N.Y. "
When SummerTimeType = 2 UseAutoGMT = false
MT4(Server) summer time type
"0, 1, or 2" (described in comment_03)
WinterGMT_Offset = 2 When UseAutoGMT = false
Set MT4 (server) GMT offset to standard (winter) time
SummerGMT_Offset = 3 When UseAutoGMT = false
SummerGMT_Offset = 3 When UseAutoGMT = false, sets MT4 (server) GMT offset to Daylight Saving Time.
Close all positions (Close all weekend positions)
Used to close all positions held over the weekend.
After all positions are closed, entry will resume on the following Monday.
In addition, it is possible to close all positions at a specified time on a specified day of the week and not to enter the market after that.
If you wish to enter again in the same week, please reset the settings.
Comment_01 = "-----All Position Close Setting-----"
Comment_02 = " Set MT4(Server) Week&Time "
Week_Position_Close = true
Position close on/off (true: close, false: do not close)
Close_Week_At_Server = "Friday " (Friday is the day of the week to close positions)
Specify the day of the week to close positions (specified in the pull-down menu)
Specify the day of the week for MT4 (server).
Default is set to "Friday" to take into account the GMT+2 (winter)/+3 (summer) weekend closing of all brokerage positions.
Friday" is set to "Friday" (Japan time Saturday). (Japan time Saturday).
Close_Time_At_Server = "19:00 "
Specify the time to close the position.
Specify the MT4 (server) time.
Default is set to "19:00" to allow brokers to close all positions on weekends during GMT+2 (winter)/+3 (summer).
The time is set to "19:00" (2:00 JST). (2:00 Japan time).
<Other
When backtesting, set UseAutoGMT = false, set the daylight saving time type, GMT offset, and historical data to match these settings.
Set UseAutoGMT = false, set the daylight saving time type, GMT offset, and test the historical data according to these settings.
If UseAutoGMT = true, if there is a problem with the behavior of entries, etc., set UseAutoGMT = false and test the historical data accordingly.
If UseAutoGMT = true, please set UseAutoGMT = false and use the manual settings.
<Reference
Comparison of Eastern European time (GMT+2 (standard)/+3 (summer)) and Japan time (GMT+9)
<Others
Product Name and EA Name
The product name has been changed from "C_MSCA_USDJPY_M5" to "MSCA_Advance_USDJPY_M5".
<Please note
In the community, we have received a message from a member of the following group
I would like to see the results of a backtest conducted under conditions other than those shown on the website.
I would like to know how much margin is required for the operation.
In the case of compound interest, I would like to know what percentage of risk (interest rate) should be set and how much margin is required.
(Calculate backwards from leverage, effective margin balance, margin requirement, etc.)
However, we cannot accept such requests because the amount of work is not commensurate with the selling price of the EA.
However, we cannot accept such requests because the amount of work required is not commensurate with the selling price of the EA.
Please refer to the following page for margin calculations.
Please refer to the following page for the calculation of margins.
Please refer to the following page.FX Margin Simulator
***News***.
Click here to visit ☆Jam's blog.
Jam's EA Workshop
Click here for ☆Jam's profile page (list of exhibits).
Jam Profile Page
Sales from
:
06/02/2016 22:01
Purchased
:
98
times
Price: $157.04 (taxed)
¥25,000(taxed)
Provider/Distributor:
Sales site:
GogoJungle
●Payment
Forward Test
Back Test
Sales from : 06/02/2016 22:01
Purchased
:
98
times
Price: $157.04 (taxed)
¥25,000(taxed)
Provider/Distributor:
Sales site:
GogoJungle
●Payment
About Forex Automated Trading
What is Forex Automated Trading (MT4 EA)?
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.
Trading Types of Forex Automated Trading
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)
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)
Risks, Advantages, and Disadvantages of Forex Automated Trading
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.
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.
Equipment and Environment Needed for Automated Trading Operation
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.
・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.
Installation of MT4 and Account Login
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.
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.
How to Install EA on MT4
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.
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.
In Case You Want to Change the Account in Use
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 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.
Solutions for Errors During Web Authentication or Non-Functional Account Trading
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
→ Items to Check When EA is Not Operating
About the Size of Trading Lots
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.
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.
Glossary of Automated Trading
・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)
・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)
Useful related pages
・How to Install MT4 EA (Expert Advisor) and Indicators
・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
・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
