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KonokaSystem

KonokaSystem is a day trade targeting (0:00 ~13:00) Japan time.
The currency pair is USDJPY and trades at the closing price of M5.
No grid or martingale logic is used.
Both TP and SL are 100Pips, which are slightly larger. (To avoid loss due to large short sale)
There are other exit methods using time and technical indicators.
With those internal logic, profit and loss are repeated and grow.
KonokaSystem is not aimed at increasing the winning rate.

Back test (BT) is verified in 20 years.
We did not use "Every Tick" for this verification.
BT "Every Tick" has a margin of price error.
Since KonokaSystem is a closing price-based logic, we verify BT with "Open price only".
Closing price based verification is the best way to make BT and forward testing (FT) similar.
Like "TradeStation" and "MultiCharts", it can be verified quickly even for a long period.

Also, GMT offset time is not needed to make FT and BT verification similar. (Verified)

MT4 server time (00:00) is the end of NY market (17:00), so I am making EA based on this.

<Parameter Description.> 

・MagicNumber = 1007;  Magic Number (required when running multiple EA's)
・MaxSpread = 20;  Maximum spread (spread widens in the early morning of Japan time)
・Slippage = 30;  Slippage
・MaxOrders = 3;  Maximum number of positions
・Space = 0;  Next entry range (Auto (Default 0 to Max 60))
・Friday = True;  there is a trade on Friday (across the weekend = True)
・Exit_Bar = True;  Exit at Ber (Exit at Tick = False)
・Money_M = False;  Money management (True = yes)
・MM_JPY = False;  True = JPY account 
・MM_Risk = 3;  money management risk (in this case 0.03Lot against $1000)
・MaxLotSize = 100;  maximum number of lots
・Lots = 0.5;  lot size ($1000 = 0.05 Lot is recommended)
・TP_B = 1000;  Take profit(buy)
・TP_S = 1000;  Take profit(sell)
・SL_B = 1000;  Stop-loss(buy)
・SL_S = 1000;  Stop-loss(sell)


Note① : 5 digit forex brokers(1000=100Pips)
Note②: NY market CloseTime (17:00) is the MT4 Server time (00:00). 
(In summer time and winter time, the trading time will be off by 1 hour overall, but it is not a problem)
Note③ : It is possible to run multiple EA's, but it is ideal to install multiple MT4's and log in to the same account.
Note④ : This EA provides "methods", so we cannot respond to additions or changes to the program.

Reviews 3
Rios Su
69
Rios Su 2020.10.19 10:32 
 

Running this EA about 2 weeks, so far it is doing great. I like the way it deals with losing trade so that the lose can be minimize. Thanks for the good work!!

Orhan Ucar
80
Orhan Ucar 2020.09.18 18:43 
 

I'm using it, I'm glad for now

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Launch Promo Price   :   $349 (Only 5 Copies Left) Next Price   :   $399 Join exclusive  Telegram Channel . Send Purchase receipt to   ME  by MQL5 message  for   Privileged Customers Telegram Group   Invitation. 🎁   By purchasing this Expert Advisor you are entitled to receive a free copy of   Good Vibes EA   -> To Receive it, Please   Contact me   by mql5 message! 🎁 Billion Idea (BI) EA works based an unique Daily Breakthrough Strategies. EA is suitable for both experienced and beginner tra
349 USD
Portfolio X 10 eurusd MT4
Mateus Botelho Mattos
EA with hundreds of unique strategies. Run multiple strategies simultaneously. Select your strategies and build your custom portfolio. Replace strategies anytime. Run multiple portfolios with this single EA. All strategies go through phases. Some strategies earn more profits than others. With Portfolio X running you can run multiple strategies so the profits of good strategies compensate for the losses in others, creating a smooth equity curve. Telegram Group for PortfolioX Members MT5 ve
499 USD
ATS Advisor
Ivan Bebikov
There are 2 copies left at the price of $399! The next price is $499. The MT5 version of the expert Advisor is here -  https://www.mql5.com/en/market/product/54481 (In MT5 and MT4 versions, there may be slight differences due to the implementation of the code on MT5) ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Fully automatic adviser, with a system for recove
399 USD
Spider Crazy Pro
Michela Russo
Spider Crazy Pro is at discount Price only Today, at 50% of the Original Price! Buy Now! Spider Crazy Pro is a trading robot  for the trading on forex. This is a complete system with   11 Strategy in 1 EA . This Robot opens a   large number of orders .  Important Information Revealed By  purchasing  this Expert Advisor you are entitled  to receive a free copy  of  Snake Crazy Pro ! (All future updates included) -> To Receive it, Please Contact me by mql5 or email !   This Expert advisor not
395 USD
Raptor Majors
Remy Aime Rene Louat
📢 Price will increase to 1199 USD at 15th February. Final price : 2000 USD Raptor is the best expert mastering pairs : EURUSD,GBPUSD,USDJPY,USDCAD,NZDUSD,AUDUSD, USDCHF Join Telegram channel  :   https://t.me/s/Raptor_EA Don't rely on backtests, just buy EA if public live signal   📈    https://www.mql5.com/en/signals/905417 MT5 version :   https://www.mql5.com/en/market/product/57108  (use only MT5 for backtest) ✔ 1 trade at a time, always following trend to limit exposure. ✔ No martin
999 USD
Blassik V2
Oon Kar Lee
  LAST 3 OUT OF 10 COPIES AT $349  Next price will be $399.  (Real Profit, Real Trades, Real Signal) After your purchase, drop me a PM. BLASSIK is a FULLY AUTOMATED, Trend Following Smart Grid System, using Artificial Intelligence to trade on the EURUSD pair. It specializes in systematic algorithm, using quantitative models derived from mathematical and statistical analysis, based on past data, to extrapolate and predict for future market behaviour. One of my favorite personal system, t
349 USD
FiboPlusWaveRunner
Sergey Malysh
Expert. Automatic and manual trading. Ready-made trading system based on Elliott waves and Fibonacci retracement levels . It is simple and affordable. Display of the marking of Elliott waves (main or alternative option) on the chart. Construction of horizontal levels, support and resistance lines, a channel. Superposition of Fibonacci levels on waves 1, 3, 5, A Alert system (on-screen, E-Mail, Push notifications).    visual panel for opening orders in manual trading. visual panel for setting up
1 250 USD
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KonokaSystemNEO
Nobuyoshi Murase
KonokaSystem.NEO is one of the 3 sisters (NEO・JOY・FUN) that inherits the DNA of KonokaSystem and has a new personality, and is the original EA. The difference with Konoka System is the difference between risk avoidance by statistics (old) and risk avoidance by technical (new). In addition, the 3 sisters are equipped with 2 types of entries and 2 types of exits, each with different logic. The trading style is a day trade targeting from 00:00 to 13:00 Japan time. No grid or martingale logic is
600 USD
Filter:
Illdar
386
Illdar 2020.09.16 02:03 
 

Worst EA, a big scam since I lost so many using this EA, author keep blaming me through pm. I really hope that I can give a 0 star

Orhan Ucar
80
Orhan Ucar 2020.09.18 18:43 
 

I'm using it, I'm glad for now

Rios Su
69
Rios Su 2020.10.19 10:32 
 

Running this EA about 2 weeks, so far it is doing great. I like the way it deals with losing trade so that the lose can be minimize. Thanks for the good work!!

Reply to review
Version 1.5 2020.11.01
・1つのFX口座でEAの複数稼働が出来る様になりました
・Spaceの設定は、0をディフォルトにしました(最大=60)
・JPY口座のMM_Riskを修正
Version 1.4 2020.08.25
KonokaSystem_1.4のバージョンアップハ、Spaceの設定が分かりにくいのを修正
Version 1.3 2020.08.23
KonokaSystemのバージョンアップの内容は、V1.2は、統計(最適化)により導き出したリスク回避が、V1.3では、テクニカルによるリスク回避が可能になり、最適化が必要なくなりました。
Version 1.2 2020.06.06
Modifications to the money management function
Add a simultaneous settlement function for each currency.
Improved performance
Version 1.1 2020.05.26
パフォーマンスの向上
シンプルなコード