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EasyTrader Forex Robot for USDJPY

Strategy is based on candlestick analysis.

As you can see the following report of back-test, in the past few years, its performance is almost in perfect.

This EA not only close orders by stop loss and take profit, but also make the perfect adjustment rapidly in a short period in adverse circumstance.

  • Buying or Selling on dips
  • Orders are closed by stop loss and take profit or by some special signals (For example, sometimes it closes the position by golden ratio)
  • It only works with USDJPY M15 and I recommend a broker with maximum spread of 10 point(1 pips)
  • The EA works both with four and five decimal places
  • TP=100 pips default
  • SL=80 pips by default
  • 90% close is based on special logic(10pips~20pips)
  • This EA doesn't use martingale and only one Position will be taken at one time.
  • Trade time is short (mostly~12h)
  • default time of trading is 8:00(mon)-20:00(fri) on 3/1-10/31 or 9:00(mon)-21:00(fri) on 11/1-2/28(29) by GMT+9.


Parameters Setting

  • UseAutoTime(true/false) - enable/disable set trade's time to default automatically.
  • OpenDay - EA starts work from this day, if UseAutoTime is set to false. Proper values - from 0(sun) to 6(sat) based on your server time.
  • OpenHour - EA starts work from this hour, if UseAutoTime is set to false. Proper values - from 0 to 23 based on your server time.
  • Use_WeekClose_Function(true/false) - enable/disable close position on weekend automatically, if UseAutoTime is set to false.
  • ExitDay - EA closes position on this day, if UseAutoTime is set to false and Use_WeeKClose_Function is set to true. Proper values - from 0(sun) to 6(sat) based on your sever time.
  • ExitHour - EA closes position on this hour, if UseAutoTime is set to false and Use_WeeKClose_Function is set to true. Proper values - from 0 to 23 based on your sever time.
  • ExitMinute - EA closes position on this minute, if UseAutoTime is set to false and Use_WeeKClose_Function is set to true. Proper values - from 1 to 60 based on your sever time.
  • Use_MM_Function(true/false) - enable/disable automatic calculation of the position volume based on your account balance.
  • AllowRisk - Lots are calculated as % from account balance Automatically, Proper values - from 1 to 100, if Use_MM_Function is set to true.
  • Slippage - maximum allowable price slippage. 3 is recommended.
  • MaxSpread - maximum spread allowed to open orders. 3 is recommended.
  • Lots - fixed volume of a position.
  • MagicNumber - unique number of positions opened by the EA, used when other EAs simultaneously run on the same account.
  • UseAutoExit (true/false) - enable/disable setting TP/SL to default automatically. true is recommended.
  • TP - desired position profit level in points, if UseAutoExit is set to false
  • SL - stop loss level for a position in points, if UseAutoExit is set to false.
  • Want_Imformation(true/false) - enable/disable information display on the chart.
  • UseImpAnouStop(true/false) - enable/disable stop trading at a specified time zone based on your computer time.
  • StopDayHourMinute - a specified time zone, if UseImpAnouStop is set to true.
    • example1 - 5/1300/1400 stop trading at 13:00-1400 on friday. Notice: based on your computer time
    • example2 - 3/1300/1400N5/0900/1035 stop trading at 13:00-1400 on Wednesday and 9:00-10:35 on friday.
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Version 2.6 - 2016.04.05
Correct bug of 'UseImpAnouStop' parameter.