Explanation of analysis algorithms and other features from the developer
This EA will create profits by riding on the real demand of Japanese companies!
concept
When Japanese companies make profits overseas, they usually receive payment in dollars.
However, the majority of Japanese companies record their financial results in Japanese yen.
Therefore, when you convert the dollars you earn in foreign currency into yen, the yen will inevitably become more expensive.
The entire logic of this EA is to buy yen at this time.
-Additional explanation-
This logic takes advantage of the physical lag in economic time between Japan, the United States, and the EU.
Simply put, while Japan's economy is active, Americans and EU people are sleeping.
In other words, while Japanese companies are exchanging USD to JPY, overseas companies are not in operation.
Therefore, although the accounting period is the same in Japan and overseas, the time of conversion to the home currency is different, so there is no need to consider the impact on exchange rates. Also, some people may think that Japanese people are doing FX, etc. at the same time, but since the transfer of funds such as FX will always be converted back to the original currency soon, the economic effect is zero, so the accounting movement of Japanese companies remains strong, which is the advantage of this EA.
logic
- Trading takes place from the 23rd to the 31st of each month.
・Hold a short position on USDJPY from 8:00 to 15:00 Japan time
Setup Guide
・About lot settings Please set the lot size in consultation with your account funds.
The standard lot sizes are shown below for your reference.
○Standards for allowing maximum DD of around 6%
Account funds 1 million yen @ 0.2 Lots (initial value)
Account funds 100,000 yen @ 0.02 Lots
○Standards for allowing maximum DD of around 3%
Account funds 1 million yen @ 0.1 Lots
Account funds 100,000 yen @ 0.01 Lots
