Tokyo Glory EA handbook and presets
First go to the MT4 / MT5 -> instruments -> choices -> neighborhood -> enter your MQL5 credentials
Then go to the MT4 / MT5 -> Market -> bought ->Tokyo Glory -> set up
Then, to run on the charts utilizing my really helpful settings. The set recordsdata may be discovered connected to this put up. They’re a low threat setup:
– Open a USDJPY H1 chart, drag the EA to the chart and load the Tokyo Glory USDJPY H1.set
To “load” a set file: after dragging the EA to the chart, the EA’s properties window will open. Go to “inputs” and click on on “load”. Choose the set file right here.
I’ve connected the really helpful in ZIP file. extract them first.
FAQ
These are a few of the ceaselessly requested query. I will will add extra as they arrive.
Q: “I’ve arrange the EA following the setup information, however no pending orders seem”
A: It’s attainable that the primary 24 hours you are not seeing any pending ordes but. As a result of pending order will solely open as soon as a day. However all the time examine the “expert-tab” in MT4/MT5 for potential messages
Q : “I solely see pending orders, however no actual trades”:
A : sure that’s regular. the EA places pending orders on the assist and resistance ranges, which have to be triggered. They solely get triggered as soon as a day.
Q: “my trades should not the identical as in your account”
A: totally different brokers have totally different pricefeeds. That signifies that generally trades can and can be totally different. Longterm it won’t matter a lot. In case your trades are utterly totally different than mine, contact me so I can examine if the setup is okay
Q: “Which parameters ought to I modify?”
A: Tokyo EA trades at a strictly specified GMT time. The usual GMT offset is GMT+2 in winter and GMT+3 in summer time. In case your dealer’s timezone is totally different from GMT+2 in winter and GMT+3 in summer time, you need to contact me to get a Preset in your dealer.
Q: “Is my dealer XYZ good for this EA?”:
A: any good ECN dealer with low unfold ought to work. Unfold on USDJPY and GBPUSD ought to be beneath 1 pip on common.
Q: “There haven’t been any trades for X days. Is one thing flawed?”
A: it could actually occur that there aren’t any, or only a few trades some weeks. In case you see pending orders, all might be okay. In case you do not see pending orders, contact me, and I’ll examine.
Q: “How typically does the EA commerce?”
A: The EA does round 20 trades per thirty days on common. However some weeks will see a whole lot of trades whereas different weeks can be very quiet.
Q: “How a lot income will the EA do?”
A: There may be by no means any “assure” for income, however primarily based on historic outcomes and exams, the EA might do round 8% revenue per thirty days with a most drawdown of round 17%. That’s when utilizing my really helpful setup.
Q: “How is the lotsize calculated?”
A: my units use the MM_Percent It’s set at “2”. that signifies that the EA makes use of 0.01lots per 200$/€ of steadiness. so a 1000$ account would run at 0.05lots
Q: “How can I make the EA commerce extra?”
A: NO, as a result of extra trades is just not the identical factor with extra income 🙂
Q: “I had a loss, however your account confirmed a revenue”
A: totally different brokers have totally different pricefeed, and there may be additionally some distinction between working on demo or dwell due to slippage. Variations will happen however do not matter longterm. Subsequent time it could be the opposite manner round.
Q: “I have been working for per week, however the EA is making losses. That is the worst EA I ever purchased”:
A: In case you make an evaluation of any EA primarily based on per week of buying and selling, you can be disenchanted many occasions. EA buying and selling takes weeks/months to judge. It is a numbers recreation, and primarily based on a few trades, you’ll be able to’t know something about the actual efficiency. Please run no less than for six month.
Q: “What’s the minimal accountbalance wanted?”
A: you’ll be able to run on a $300 account the complete setup, however I might suggest $500 or extra. In case your leverage is 1:30, you want 200$ anyhow to stop margin issues.
Q: “How do I set up an replace?”:
A: Ensure you are logged in to MQL5 neighborhood, go to the MT4 -> instruments -> choices -> neighborhood -> enter your MQL5 credentials. Then go to the MT4 -> Market -> bought -> Tokyo Glory -> replace -> DONE
