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The Konoka system is a daily trading system focused on the hours from 00: 00 to 13: 00 Japanese period.
The USDJPY currency pair is trading at the final price of M5.
Grid and martingale logic isn’t used.
Both TP and SL are slightly larger at 100 points per second.
The motive for this is to avoid losses from big short sales.
you will find other exit methods using time and technical indicators.

Reverse testing has been confirmed for 20 years.

Reverse testing has been confirmed for 20 years.

an immediate evaluationhttps://www.mql5.com/ja/signals/573517

an immediate evaluationhttps://www.mql5.com/ja/signals/573517

Parameter Description.
MagicNumber = 1007; Magic number (required when running multiple Expert Advisors).
・MaxSpread  = 20; Maximum spread (the spread expands in the early morning Japanese time)
・Slippage = 30; Slippage
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・MaxOrders = 3;  Maximum number of positions
Space = 40; if MaxOrders is greater than or equal to 1, then the width of the next entry is

Target = True; output for technical indicators (False=Exit at the specified time)

Target = True; output for technical indicators (False=Exit at the specified time)

・Friday = True; the transaction was concluded on Friday (on weekends = Right)

・Exit_Bar = True; Output to Ber (Output to Tick = False)

・Money_M = False; Money Management (Ttue = Yes)

・Friday = True; the transaction was concluded on Friday (on weekends = Right)

・Exit_Bar = True; Output to Ber (Output to Tick = False)

・Money_M = False; Money Management (Ttue = Yes)

– mm_risk = 3; capital management risk (in this case 0.03 lots vs $1000)

– mm_risk = 3; capital management risk (in this case 0.03 lots vs $1000)

– maxlotsize = 100; maximum number of lots

– maxlotsize = 100; maximum number of lots

– Lots = 0.02; lot size ($1000 = 0.05 Recommended lot)
・TP_B = 1000; Take profit(Buy)
・TP_S = 1000; Take profit(Sell)
・SL_B = 1000; Stop Loss(Buy)
・SL_S = 1000; Stop Loss(Sell)

Note : 5 digit forex brokers1000 is equal to 100Pips

Note : 5 digit forex brokers1000 is equal to 100Pips

Note: NY market closeTime (17: 00) is the MT4 server time (00:00). (Checking the broker)

(Between standard time (before 13:00) and summer time (before 12: 00), the difference is 1 hour, but this is not a problem)

Note : This Expert Advisor cannot install multiple Expert Advisors on one account. (The principle of operation of 1 Expert Advisor with 1 MT4)

Note: NY market closeTime (17: 00) is the MT4 server time (00:00). (Checking the broker)

(Between standard time (before 13:00) and summer time (before 12: 00), the difference is 1 hour, but this is not a problem)

Note : This Expert Advisor cannot install multiple Expert Advisors on one account. (The principle of operation of 1 Expert Advisor with 1 MT4)

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Published

25 May 2020

Updated

01 November 2020

Current Version

1.5

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Orhan Ucar December 29, 2020 11:02 am
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I Am using it, I Am glad for now

Rios Su December 29, 2020 11:02 am
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Running this EA about 2 weeks, so far it is doing good. I enjoy how it deals with losing trade so that the shed can be minimize. Thanks for the fantastic work!!