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konokasystem. NEO – one of the three sisters (NEO / JOY / FUN), which inherits the DNA of the Konoka system, includes a new identity and also is

the first adviser.

konokasystem. NEO – one of the three sisters (NEO / JOY / FUN), which inherits the DNA of the Konoka system, includes a new identity and also is

the first adviser.

The trading style is a daily exchange targeting Japan from 00: 00 to 13: 00.
Grid or martingale logic is not used.
The money pair is USDJPY and you input with the opening price of M5.
gains and losses are replicated by inner logic, occupying losses and rising.
no case do we focus on winning stakes.
Both TP and SL are 100 pips and marginally larger.
The motive is to avoid losses due to a large short sale.

Outputs based on technical indicators are activated in everyday life, but Stop Loss (SL) is activated only in an emergency

situations.

Outputs based on technical indicators are activated in everyday life, but Stop Loss (SL) is activated only in an emergency

situations.

The loss is large, but the inherent danger is that the loss (SL) occurs continuously.

NEO is designed to avoid continuous losses (SL) due to ups and downs, which is the weakness of the opposite.

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The loss is large, but the inherent danger is that the loss (SL) occurs continuously.

NEO is designed to avoid continuous losses (SL) due to ups and downs, which is the weakness of the opposite.

NEO is designed to avoid continuous losses (SL) due to ups and downs, which is the weakness of the opposite.

The ideal solution is to manage an Expert Advisor that has been active in the market for a long time, without the need to optimize with

as simple as possible logic.

The ideal solution is to manage an Expert Advisor that has been active in the market for a long time, without the need to optimize with

as simple as possible logic.

EA is said to end its role when the maximum drawdown on a fixed lot is below -35%.

Money management is so important.

History testing is confirmed after 20 years.

Each tick is not used for this validation result. 

Back Test (BT) Each tick is the closing price of M1, so the logic of entering the middle of the bar is not accurate.

Checking based on the closing price is the best way to match BT and forward testing (FT).

konokasystem. NEO is an Expert Advisor based on the M5 closing price, so the “Open price Only” check is sufficient. As in the case of trading

stations and multi-schedules, you can

quickly check even for long periods.

EA, which was the source of NEO: https://www.mql5.com/ja/signals/573517

Money management is so important.

History testing is confirmed after 20 years.

Each tick is not used for this validation result. 

Back Test (BT) Each tick is the closing price of M1, so the logic of entering the middle of the bar is not accurate.

Checking based on the closing price is the best way to match BT and forward testing (FT).

konokasystem. NEO is an Expert Advisor based on the M5 closing price, so the “Open price Only” check is sufficient. As in the case of trading

stations and multi-schedules, you can

quickly check even for long periods.

EA, which was the source of NEO: https://www.mql5.com/ja/signals/573517

Description Description of the parameters. 

– MagicNumber = 1007; Magic number (required when running multiple Expert Advisors)

„ÉĽMaxSpread = 20;¬†¬†Maximum spread (the spread expands early in the morning Japanese time)

– Slippage = 30; slippage

„ÉĽMaxOrders = 3;¬† Maximum number of positions

– Space = 40; if MaxOrders is greater than or equal to 1, the width of the next entry is

„ÉĽFriday = True; there is a trade on Friday (through the weekend = True)

„ÉĽMM = False;¬†¬†Money Management (True = Yes)

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

– maxlotsize = 100; maximum number of lots

– Lots = 0.1; lot size (recommended $ 1000 = 0.05 lot)

„ÉĽTP = 1000;¬†Take profit

„ÉĽSL = 1000;¬†¬†Stop the loss

Note: 5-digit forex brokers (1000 1000 100 points)

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)

Our Useful Features & Services

Published

15 June 2020

Updated

01 November 2020

Current Version

1.2

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