Recruitment of participants BBHL band H1 MT5 for GbpJpy

BBHL band H1 MT5 for GbpJpy


BBHL band H1 MT5 for GbpJpy-is an EA for (GBPJPY) that uses the daily based Bollinger Bands (BB) and the highest and lowest price lines of the last few days and tens of days to trade using short-term up and down movements.
About EA’s Strategy:
This ” BBHL band H1 on MT5 for GJ” is an EA for Pound Sterling Yen (GBPJPY) that uses the daily based Bollinger Bands (BB) and the highest and lowest price lines of the last few days and tens of days to trade using short-term up and down movements. This is the MT5 version of this EA ” BBHL band H1 for GJ”. However, please note that the internal parameters have been readjusted for MT5, so the results may differ somewhat. The BBHL band H1 for GJ uses the BB and the highest/lowest price lines to determine whether the market price is settling within a certain price range (range trend) or whether a trend is developing, and uses a range base (sell when the price is above the price range, buy when the price is below the price range) when the market is settling, and a trend follow when an upward/downward trend is developing. When an upward or downward trend is occurring, we trade on a trend-following basis (i.e., we follow the trend while aiming for a slight price reversal), aiming for short- or medium-term price movements up or down. By setting the stop-loss line with the lowest or highest price in the last few days or dozens of days in mind, we try to reduce stop-losses and improve the profit margin and win rate. Please refer to this article, ” Key Points of BBHL band H1 Series Trade Logic,” which explains the trade logic of this EA in a little more detail. The following are the results of the test conducted from 11/01/2009 to 10/31/2022 with # fixed operations (no compounding ) 10,000 currency trades (1 position, however, there are cases where both positions are traded ). Profit factor 1.93, win rate 69.4%, and profit of about 2.38 million yen. <2009/11/01 – 2022/10/31>



!!!!! Caution !!!!! When compounding, if you encounter consecutive losses, you will lose all your money at once, so be careful not to raise your benchmark too high! This EA operates on a 1-hour time frame basis.Entry and close decisions are made using only data that has already been determined on the 1-hour time frame. Since the EA judges on the fixed conditions and enters the market on the market, the difference between the back test and actual operation is minimized. Please change only the following parameters as necessary.

parameter Contents
MagicNumberB This is the magic number for a buy position. Basically, you don’t need to change it, but if you want to use this EA for multiple trades in the same currency, please change it for each of them.
MagicNumberS This is the magic number for the sell position. Basically, you do not need to change this number, but if you are going to run this EA in the same currency, please change it for each currency.
Lots The number of lots to order.
The default is set at 50,000 currency (0.5), please adjust according to your budget.
Compound interest operation threshold Enter the base amount for compounding.
Order Lots = (Effective Margin / this base amount) * Lots “*.
to calculate and place an order.To disable compounding (fix the number of lots to the Lots setting), set 0.The default value is set to no compounding (=0).
An order is placed at the rate of 0.1 lot for every 100,000 yen of effective margin. With 1,000,000 yen of effective margin, a 0.5-lot position is held.Example)
The following will be the amount of increase or decrease of the effective margin.In the case of Lots=0.1, base value = 1000000:.
Effective margin = 1,000,000 yen => Lots ordered = 0.1
Active margin = 500,000 yen => Number of lots ordered = 0.05
Active margin = 100,000 yen => Number of lots ordered = 0.01
Active margin = 2,000,000 yen => Number of lots for order = 0.2
If Lots=0.05, Base Value=100000
Active margin = 100,000 yen => Order lots = 0.05
Active margin = 200,000 yen => Number of lots ordered = 0.1
Valid margin = 1,000,000 yen => Number of lots for order = 0.5

In the case of Lots=0.1 and Base Price=200000
Active margin = 200,000 yen => Number of lots to order = 0.1
Active margin = 500,000 yen => Number of lots ordered = 0.25
Valid margin = 1,000,000 yen => Number of lots for order = 0.5

However, if the number of lots is less than 0.01, the number of lots shall be 0.01, and if the number of lots exceeds 20.0, the number of lots shall be 20. Fractions will be rounded off.

Allowable Spread Specify how far you will allow the spread to widen.
If the spread widens beyond this value, the entry will be held back.
trend mode Set “Automatic,” “Long,” or “Short.”
Long” will trade only buy trades, and “Short” will trade only sell trades.
Automatic” will trade both buy and sell.
maximum stop loss Set the maximum stop loss value (specified in pips), which is valid only when set to a value greater than 10 and less than or equal to 1000, and the range between the order value at the time of entry and the stop value is within the specified value.
(However, since the Stop value is determined based on the Open value at the time of entry, the Stop value may be exceeded if entry is delayed.)
The default value is 310 (=conventional operation).
Maximum Take Profit Set the maximum take profit value (specified in pips), which is valid only when the value is greater than 10 and less than or equal to 1000, and the range of the settlement limit price from the order value at the time of entry is within the specified value.
(However, since the settlement limit price is determined based on the open price at the time of entry, it may be exceeded if entry is delayed.)
The initial value is set at 185 (=conventional operation).

 

up