JPY trading Labs

Brief description

JPY Trading Labs is a grid-type Expert Advisor optimized for USDJPY but adaptable to any symbol and timeframe. It combines a clear visual dashboard with risk filters that keep spread and draw-down under control without stopping the rest of the internal logic.

It works best on M5, before using it on a real account it is necessary to optimize the parameters in the backtest.

Main features

• Automatic grid management
  Opens and scales positions in the market’s direction; lot size is calculated dynamically.

• Smart spread filter
  When the spread exceeds the defined limit, the EA stops opening new orders but continues to manage TP, SL, trailing and partial closes of existing positions.

• Draw-down control
  Optional percentage limit that pauses new positions when the floating loss reaches the set threshold.

• Integrated panel
  Shows broker time, Timeframe, symbol, balance, equity, profit, draw-down and spread in real time.
  Draw-down value changes color (green 0-20 %, orange 20-45 %, red > 45 %) for quick reading; negative values are displayed as 0 %.

• Compatibility
  Works on hedging accounts and supports any FX pair, metals or index CFDs.

• Adjustable parameters
  Spread limit, initial lot size, grid multiplier, global TP/SL, slippage, and more.

Pros

Cons / points to consider

Notice
This Expert Advisor does not guarantee results or future profitability. Test it on demo accounts and run thorough back-tests before trading live.