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Tokyo Bank EA MT4 – Free Download (Update)

Tokyo Bank EA MT4 – Free Download (Update)

0,00$Prix
REQUIREMENTS
Recommend deposit  500 USD 
MT4 Account
VPS (Recommended)
 
FILES
1 Expert Advisor file
User Manual

  • Description

    In the dynamic world of forex trading, staying ahead of the curve requires innovative strategies and tools. The Tokyo Bank EA emerges as a promising solution, leveraging unique insights into USDJPY price movements. This article delves into the product's description, backtesting results, and detailed settings, providing a comprehensive guide for traders considering this EA.

    Tokyo Bank EA: Unveiling the Product

    Product Description: Tokyo Bank EA Fixing EA is designed to capitalize on price movement anomalies specific to USDJPY, focusing on the average price determination time. The trading algorithm employs timing or RSI indicator calculations for trade entries, avoiding risky methods like martingale. Notably, the EA executes only one trade at a time and employs take profit and stop-loss mechanisms for risk management.

     Version: 7.0

     Terminal: MT4

     Year of issue: 2023

     Working pairs: USDJPY

     Recommended timeframe: M5

     Minimum Deposit: $100

  • Understanding Tokyo Bank EA Settings

    Key Settings:

    • Magic Number: Unique identifier for trades
    • Lot Type Select:
      • Fixed Lots
      • Auto Lots
    • Sippage Point: Settings for slippage control
    • Open/Close Max Spread Point: Managing maximum spread
    • Long/Short TP (Take Profit) and SL (Stop Loss):
      • Long/Short Entry Points
      • Logic for Entry and Exit
      • Second Entry
      • Entry Interval (Minutes)
      • Trading Time Adjustment (Seconds)
      • Position Retention Time
      • Weekend Entry

    Trade Option Settings:

    • Trade Mode Select:
      • Long Entry
      • Short Entry
    • Logic and Entry Interval:
      • Long/Short Logic
      • Second Entry Interval (Minutes)
      • Funding Time Adjustment (Seconds)
      • Position Retention Time
      • Weekend Entry
      • JPN Holiday Entry
      • Volatility Filter
      • Economic Indicator Filter

    Trailing Stop Settings:

    • Trailing Stop:
      • Long/Short Trailing Start Points
      • Long/Short Trailing Stop Points
      • Trailing Step (Points)

    Break Even Setting:

    • Break Even:
      • Long/Short Break Even Points

    Understanding and customizing these settings is crucial for optimizing Tokyo Bank EA's performance based on individual trading preferences and market conditions.

  • Backtesting Insights

    Backtesting Overview: The Tokyo Bank EA has undergone meticulous backtesting with a minimum deposit, utilizing both fixed lot and auto lot settings. The EA showcases commendable results with a low percentage of maximum drawdown.

    • Performance Summary:
      • Net Profit: $29.50 over 76 trades
      • Win Rate: 64.47%
      • Sharpe Ratio: 0.14
      • Profit Factor: 1.38
      • Largest Winning Trade: $6.09
      • Largest Losing Trade: -$13
      • Consecutive Winning Streak: 7 trades
      • Consecutive Losing Streak: 3 trades
    • Trading History:
      • Profitable in 5 out of 7 months
      • No losses in the last 3 months

    Analysis: The EA exhibits robust performance over the past 7 months, demonstrating consistent profits, a favorable win rate, and minimal drawdown. However, traders must exercise caution, recognizing that past performance does not guarantee future results.

  • FAQ’s

    1. How do the EA’s work?

    EA’s also known as expert advisors are a form of artificial intelligence that automatically trades on your behalf.

    2. When do I get the product?

    You could directly download the files from our website and also The download link will be sent to you directly by email after your purchase.

    3. How do I install EA?

    Our EA’s easy to install, use our installation you will recieve a pdf guid how to install ea robot step by step..

    4. Can I use the EA on android/IOS?

    The EA’s can only be installed on the MT4 application on your computer but can be monitored using your smartphone.

    5. Can I have multiple accounts?

     Unlimited

     6. Can I need key to activate ea robot ?

    you don`t need an activation key it is ready to use.

     7. What kind of support do you offer?

    We offer our clients support daily from 7 am to 7pm (GMT) on several platforms such as Email, whatssap and social media.

    8. WHAT IS THE MONTHLY GAIN?

    Monthly gains vary based on both the market and EA for better clarification please see the picture above. 

     

  • In Conclusion

    The Tokyo Bank EA stands out as a robust tool for USDJPY trading, offering a unique approach to market anomalies. Traders are encouraged to conduct thorough research, consider the backtesting results, and customize settings judiciously to align the EA with their trading goals. As with any trading tool, risk management remains paramount, and past performance should be viewed as one of many factors influencing trading decisions.

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