This is a simple and reliable Expert Advisor for trading USDJPY. Before launching the EA, make sure that your broker's Stop Levels are less than five average spreads.
Round the clock Internet connection is required for the EA operation. Virtual hosting or VPS server is recommended.
There are no special settings. Simply launch the EA on USDJPY H1.
The EA implements trend-following system. It performs 50 trades per year on the average (only buy ones).
This trading system should be considered efficient as long as:
- the number of consecutive losing trades is less than 10;
- the drawdown is less than 20%;
- the percentage of profitable trades exceeds 30%.