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JPSunriseEA is a multi-currency scalper which works after the US session ends and before the Asian session starts.

Expert Advisor features:

  • Does not use any kind of martingale or grid averaging, only a tight StopLoss;
  • Minimum deposit - $70;
  • Minimum lot - 0.01;
  • Minimum leverage - 1:100;
  • Timeframe - М15;
  • Recommended account types- ECN or NDD (the EA cannot be used on standard or cent accounts);
  • Ability to use a news filter (we recommend to enable it).
  • Working time – 4 sessions per week, starting from a night from Sunday to Monday and finishing at a night from Wednesday to Thursday. The EA does not work on Fridays.
  • You can leave it launched on Friday. But the result can be ambiguous. You can gain a large % of profit or loss.
  • All settings of the EA are optimized and do not require further optimization.
Warning! Correct operation of the EA requires correct value of the UTC_Offset parameter according to your broker's settings. You also must consider that the offset is changed twice a year during daylight saving change (end of March) and reversion to standard time(end of October) . That is why UTC_Offset should be changed on time.

Brief Description of the EA Operation:

Each currency pair opens its own order which does not depend on orders of other pairs. Orders are closed according to the current spread and a signal specified in the EA's code for each pair. So, depending on your broker and the broker's conditions, trades may differ from monitoring.

Expert Advisor Setup:

  • EA_Comment – unique comment to orders assigned to them at the moment of opening;
  • MagicKey - magic number. Magic number is chosen by a generator of random numbers. If you attach the EA to several pairs, orders for each pair will be assigned its own magic number automatically;
  • Offset_for_FFCal - time shift for the FFCal news indicator (usually set to 0, but some brokers require other values)
  • UTC_Offset - time shift of the broker trading server relative to UTC;
  • UTC_Open_Hour - UTC of the EA operation start;
  • UTC_Close_Hour - UTC of the EA operation end;
  • LotSize - lot size when trading with a fixed lot;
  • Risk– lot calculation when trading in the Risk mode. Recommended value is from 7 to 10;
  • Slippage – slippage;
  • Use_NewsFilter - false/true - whether to use the news filter. The news filter takes news from forexfactory.com/calendar.php and stops the EA operation when the most important news about corresponding currency pairs are released.

JPSunriseEA works with almost all currency pairs within the time period of 21:00 -22:00 UTC.

Exception are the following pairs:

USDJPY - operating time from 20:00 to 21:00 UTC

GBPCHF - operating time from 20:59 to 22:01 UTC

EA Performance Results

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