Mean reversion EA with AUD,CAD,NZD

Trading Camp MT5

Trading Camp is an EA that focuses on three currencies (AUD, CAD, and NZD) with strong mean reversion tendencies and performs a contrarian strategy. Although a grid is used as the trading technique, it is designed with a security feature with straddling of the trade, making it difficult to get stopped out. Various filters are also available to carefully select entries (therefore, the entry frequency is not high). In addition, various input parameters are available, allowing you to change the EA's behavior according to your preference. Trading Camp will support you on your journey to the fullest!

• Having high winning percentage with mean reversion and grids
• Security features by straddling
• Selected entries by various filtering
• Easy setup for trading multiple stocks by simply setting up on one chart
  
• Wide range of operations with extensive input parameters
• Display of operational status by information panel
• Set file is here : Low, Medium, High
• Economic calendar is here : 2010-2019, 2020-2024
• MT4 version is here : Trading Camp MT4
• Live signal is here : Trading Camp

Trade Strategy Overview

When the price becomes overbought or oversold, we will aim for a mean reversion and enter with a reverse take profit of approximately 10 pips per position (automatically adjusted according to the mean spread). If the price does not return immediately, an additional entry is made in the grid strategy and the take profit is re-set. The lot and profit for grid entries can be changed using the input parameters. The default stop loss (4 grids) is 175 pips, which is also automatically changed according to the grid settings. Entries are carefully selected using internal logic and various filters, and are designed to ensure stable profits.

This filter deters entry when the spread exceeds a specified value. It is also possible to temporarily disable stop loss to deter unintended settlements due to widening spreads.

This filter deters entry during illiquid hours (when the New York market is closed). As with the spread filter, it also disables stop loss.

This filter deters entry when there is an economic event of high importance. This filter reduces risk by avoiding sudden market fluctuations caused by events.

Input Parameter Description

General

Comments on entry.

EA's magic number. Specify up to 6 digits, and 8 digits with 10 (buy direction) or 20 (sell direction) added at the beginning are used. Specify a value that does not overlap with other EAs.

Information panel display availability.

Whether or not the information panel is displayed in the back test. It is recommended not to display the information panel for long-term testing, because it slows down the backtest and consumes a large amount of memory.

The language of the information panel can be selected from English and Japanese.

Lot Sizing

Lot size calculation method. The following can be specified.

Lot when 'Fixed lot' is specified in 'Lot sizing method'.

Maximum lot size. Any designation exceeding the broker's maximum lot is invalid.

Used when 'Auto lot' is specified in 'Lot sizing method'. The lot calculation formula is as follows.

• (equity or balance) / (Auto lot denominator * 100)

Trading

Specify the issue(s) to be traded. When specifying multiple stocks, separate them with ','. If blank, it is the issue of the chart for which the EA is set. If the issue contains a prefix or suffix, it will be automatically detected, but if the detection is not successful, specify the suffix and other information as well (e.g. AUDCAD.m).

Specifies the frequency of orders (negative values are also acceptable). The number of orders will increase or decrease according to the increase or decrease of the value. Note, however, that increasing the number of orders too much will drastically reduce the win rate.

Specifies the number of stocks that can be traded at the same time. By increasing this value, entry can be made even when there are positions in other issues. However, the probability of large drawdowns increases, so the risk is high.

Allows cross orders. Allows simultaneous entries for selling and buying within the same issue.

Initial entries are allowed. However, it does not affect grid entries. By disallowing this item, additional initial entries can be deterred and the EA can be terminated without difficulty.

Specify stop loss (in points). If 0, it is set automatically.

Specifies take profit (in points). If 0, it is set automatically.

Grid Trading

Maximum number of grid entries. If 0, no grid entry will be made.

Distance (in points) from which a grid entry will be made. An additional entry is made if the distance is greater than this distance from the previous entry. However, this is only a guideline, and entries are not always made at this distance.

Lot multiplier in grid entries. Specify if the lot is to be increased according to the number of grid entries.

Multiplier for profit in grid entries. Specify if you want to increase profit based on the number of grid entries.

Allows grid security features by straddling. It works when the price exceeds the maximum number of grids specified and reduces the decrease in equity. Note that while this may reduce the likelihood of a stopout, it does not completely prevent it.

Specifies the stop loss for grid security (in points). If 0, it is set automatically.

Specifies the take profit of grid security (in points). If 0, it is set automatically.

Specifies the frequency of stop loss trailing in grid security (in points). 0 means no trailing. The smaller the value, the more frequently trailing is performed, but some brokers warn against frequent stop loss changes, in which case a larger value should be set.

Filter

Specifies the spread (in points) at which entry is to be stopped. 0 means disabled. If the spread is greater than the specified spread, stop loss is also temporarily disabled.

Entry is inhibited during periods of market illiquidity (one hour before and after the close of the New York market). Stop loss is also temporarily disabled.

Suppresses entry when volatility is low. invalid if 0. Suppresses entry when volatility is less than or equal to the specified volatility.

Suppresses entry when volatility is high. invalid if 0. Suppresses entry when volatility is above the specified volatility.

Deter entry on holidays. No entries for the corresponding country throughout the day.

Specify the target currency of the holiday to be applied to all issues. When specifying multiple currencies, separate them with ','. Normally, the margin currency and profit currency of each issue are targeted, but holidays in countries corresponding to the currencies specified here can be additionally applied.

Minimum importance to which the news filter should be applied. News events of the specified importance or higher will be applied.

Time (in minutes) to suppress entries before a news event occurs.

Time (in minutes) to suppress entries after a news event occurs.

Specify the target currency for news events that apply to all issues. When specifying more than one currency, separate them with ','. Normally, the margin currency and profit currency of each issue are targeted, but news events for the currency specified here can be additionally applied.

Specify the name of the economic calendar file to be used in the filter.  Used during backtesting.

Time

Enables/disables automatic detection of UTC (Universal Time Coordinated). Valid only during production and invalid during backtesting.

Specifies the time difference in winter time for broker time when UTC is not automatically detected. Also used during backtesting.

Specifies the broker's DST (Daylight Saving Time) region when UTC is not automatically detected. Also used during backtesting.

Precautions

How to Install

Click here for installation instructions.(How to install). This product can be set up on one chart to trade multiple issues of AUDCAD, AUDNZD, and NZDCAD. For normal operation, it is recommended to set the product to the M15 chart with a large number of ticks, such as EURUSD. However, if you are trading a single stock, leave the 'Trading pairs' parameter blank and set it to the M15 chart of the relevant stock. In addition, this product requires viewing of an external site in order to automatically determine the time. Therefore, the URL must be set in MetaTrader. In the 'Tools -> Options -> Expert Advisers Tab', check the 'Allow WebRequest for listed URL' checkbox and set the following URL in the input field.

• https://www.worldtimeserver.com

Production Operation

When operating, simply change the 'Lot sizing method' input parameter to 'Low risk', 'Medium risk', or 'High risk'. However, please note that high risk increases the probability of stopouts, so be aware of the risks involved. Other input parameters usually do not need to be changed (time filter time may need to be changed for some brokers). Since many of the input parameters are directly related to changes in risk, please refer to the manual to fully understand the parameters before use. I recommend a minimum balance of $500. I recommend that you first check the operation of the demo account before starting the actual operation.

Economic Calendar

An economic calendar is required to run the holiday and news filters during backtesting. For this reason, I have prepared a csv file of the economic calendar (economic calendar). Before running, please save the file 'TradingCamp-ec.csv' in the following location without changing the file name. The economic calendar is created in UTC (Universal Time Coordinated), so the broker's time difference and DST area must also be set in the parameters.

• ...\Terminal\Common\Files\

This folder can be found one level above the folder opened in MetaTrader by specifying 'File -> Open Data Folder'.

Brokers

This product operates three pairs, AUDCAD, AUDNZD, and NZDCAD. Since these are minor currencies, some brokers may not offer them and they cannot be used. Also, even if a pair is offered, the spread may be wide, and in this case, you will not be able to use it (if the average spread exceeds 3 pips, your profit will drop drastically). We are not able to specify specific brokers, so please contact each broker for this information before you consider using them.