Tokyo Fixing EA uses price movement anomalies before and after the average price determination time unique to USDJPY. Determines the entry into a trade using timing or calculation using the RSI indicator index, does not use martingale and other dangerous trading methods, opens only one trade at a time, uses take profit and stop loss
Attention !!! Please read carefully the rules for installing the advisor, and install it correctly. Before publishing, we check everything and publish only those advisors that work on our accounts !!! At least at the time of this article’s publication. In order not to miss any material, subscribe to our telegram channel https://t.me/Fx_VIP
Developer price | |
Terminal | MT4 |
Currency pair | USDJPY |
Timeframe | M5 |
Money management | At least 100 currency units |
Recommended brokers | IC Markets, ALPARI |
For advisor recommended to use VPS 24/5 | Zomro (most affordable Windows server only $ 2.75 per month) |
Backtesting:
Backtesting was carried out with a minimum deposit, with fixed lot and auto lot settings, sets with settings are in the archive with the advisor, EA shows good results and a small percentage of the maximum drawdown
Settings:
For the advisor to work, place the dll library in the folder of the terminal on the way MQL4->Libraries
You can download the library from the link, the password for the archive is fx-vip.pro https://drive.google.com/file/d/1KCCBo4buboJ9ineZZq2yiqF1o6Ij0_NL/view?usp=sharing
Conclusion:
The advisor in the backtest looks decent, and this is another product focused on the criteria and vulnerabilities of one currency pair, does not use dangerous trading methods, and has a sufficient set of clear settings with which you can also experiment and perhaps someone will achieve better results in trading, but who doesn’t want to understand the settings, they can use the set of settings files that I used in backtesting; they are in the archive with the advisor, which can be downloaded from the links below.
I recommend that you first install the advisor on a demo account and understand how it works, then draw conclusions and decide whether to bet on a real account or not.
Reminder: As with every trading system, always remember that forex trading can be risky. Don’t trade with money that you can not afford to lose. It is always best to test EA’s first on demo accounts, or live accounts running low lotsize. You can always increase risk later!