GbpJpy H1 EA4

The EA was developed for the currency pair GBPJPY time frame H1. The strategy is built for intraday/swing trading - no scalping, martingale, grid, etc. The EA pass through rigorous testing of robustness and is tested on over 18 years of data with 99% modeling quality!

  • Is intend for GBPJPY H1.
  • EA is designed for UTC+2 timezone with New York DST (EST+7).
  • This is a long-term strategy that makes 2-5 trades per month on average - if you want more trades, more profits, risk diversification and a smoother equity curve, I recommend portfolioing more strategies from my product offering HERE.
  • The strategy of EA goes through rigorous robustness testing - a series of simulations of various market conditions and situations on historical data over the last 15 and more years (testing on OOS data, tests in other markets, Monte Carlo tests for higher spread, slip, volatility, omission and shuffling of trading orders, Walk- Forward Matrix tests etc.).
  • EA has been tested on demo and live accounts for a long time before it was released.


Functions:

  • Opens a maximum of 1 trade at a time, which is always protected by StopLoss!
  • Money management can use a fixed amount or a fixed lot size.
  • No martingales, grids or other dangerous money management methods are used!
  • All settings optimized.
  • Long-term strategy!
  • At 20:00 (UTC+2) we close trading every Friday to avoid weekly gaps.


Strategy of statistics based on backtest from 2003 to 2022:

Fewest trades per year: 25 / average 2.08 trades per month (2018 period)
Most trades per year: 41 / average 3.41 trades per month (2016 period)
Maximum drawdown (at risk of $100 per trade): $1,181 (period 2011/10)
Maximum number of losing trades in a row: 9 (period 2011/5 - 2011/9)
Stagnation: 728 days (period 2010/6 – 2012/5)

Thanks to these statistics, I know what I can expect from the strategy and set the possible risk that I am willing to accept. When the current drawdown is close to the maximum drawdown in history ($1,181 at $100 trade size) I update or shut down the strategy - I don't shut down before to give the strategy room for correction!

In order to diversify the risk, increase the number of trades, increase profits, reduce the maximum drawdown and reduce the stagnation time, I trade the EA in a portfolio with the other EAs that I offer HERE.


Settings:

CustomComment = GBPJPY_H1_4 – Choose your comment to distinguish strategy, or keep default.
MagicNumber = 4 - Choose your number to distinguish strategy, or keep default.
UseMoneyManagement = false/true – If you want to trade only fixed lots use FALSE. If you want to risk fixed money you need to set this to TRUE
mmRiskMoney = 150 - If UseMoneyManagement is set to TRUE, you set the risk in Fixed money.
mmLotsIfNoMM= 0,01 - If UseMoneyManagement is set to FALSE, you set the Fixed Lotsize here.
FridayExitTime = 20:00 - Every trade will be closed at this time every Friday to prevent weekly gaps. This time is UTC+2, adjust this time by your broker timezone.


I recommend you looking at MY OTHER PRODUCTS because the benefits of the portfolio are diversification through the markets, time frames, etc. Portfolio strategies work better together in combination


Disclaimer: Past results are no a guarantee of future results.

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The AGERA MT4  is a Fully Automated and Multi-Faceted Open EA for Identifying Vulnerabilities in the Market for GOLD ! Not    Grid   , Not    Martingale  ,  Not    " AI"     , Not    " Neural Network" ,  Not    " Machine Learning"  , Not "ChatGPT" ,   Not   Unrealistically Perfect Backtests  AGERA  Community :   www.mql5.com/en/messages/01e0964ee3a9dc01 Vantage Real :  https://www.mql5.com/en/signals/2363787 Tickmill Real :   https://www.mql5.com/en/signals/2361808 Default   Settings for One Сha
AI Forex Robot MT4
MQL TOOLS SL
4.29 (17)
AI   Forex Robot - The Future of Automated Trading. AI Forex Robot is powered by a next-generation   Artificial Intelligence   system based on a hybrid LSTM Transformer neural network, specifically designed for analyzing XAUUSD, EURUSD   and BTCUSD price movements on the Forex market. The system analyzes complex market structures, adapts its strategy in   real time   and makes data-driven decisions with a high level of precision. AI Forex Robot is a modern, fully automated system powered by   ar
EA 22 Pairs
Tjia Elisabeth Jasmine Canadi
EA 22 Pairs – MultiPair Averaging + Hedge System (Smart Directional Extended) PROMO LAUNCH — 5 Star Reviewers Wanted! Lifetime 6_Month Price. Limited Quota. Act Fast! Lifetime access only +1 cent from the 6-month price — secure permanent ownership at an unbeatable introductory rate before it reverts to full lifetime value! Version: Perfected Interactive UI - MT4 (Patched) Developer: CyberBot Project P R E P A R A T II O N Is Trading Just Another Form of Gambling? At it
Vortex Turbo EA MT4
Stanislav Tomilov
5 (9)
Vortex Turbo — “Trade the storm — control the Vortex” Vortex Turbo represents the next evolutionary stage in intelligent trading — a unique development that merges cutting-edge AI architecture, adaptive market logic, and precise risk control. Built upon proven algorithmic principles, it integrates multiple strategies into a unified high-speed ecosystem powered by a new level of predictive intelligence. Designed as a scalping expert for gold XAUUSD(GOLD), Vortex Turbo employs a controlled martin
Trust EA MT4
Konstantin Kulikov
Trust EA   is a real trader's tool, working on a clear principle, with its advantages and disadvantages, so it will not suit everyone, but for some users it can become the best trading robot. * Limited special offer - 50% off the full price of the product. Only 5 copies at this price. * Discuss the complexities of Forex trading here:  chat "Age of Expert Advisors" . Logic I have been working with algorithmic trading systems since 2015, and in my experience, systems with a small StopLoss size ar
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The portfolio was developed for the currency pair EURUSD time frame H1 . The portfolio consists of 4 strategies - each with different logic merged into one . It is designed for intraday/swing trading - no scalping, martingale, grid, etc. The EA pass through rigorous testing of robustness and is tested on over 15 years of data with 99% modeling quality! Intended for EURUSD H1. Each strategy has its own logic - a different approach, different rules. EA is designed for UTC+2 timezone with New York
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