e-510-EA — Gotobi EA for MT4 & MT5 (USDJPY & EURJPY)

A Gotobi-morning EA, for traders who want an EA that never averages down, and for GoldHam users looking for a second EA. It trades USDJPY and EURJPY about six days a month with a stop placed with every order, and its trading days and hours rarely overlap with GoldHam, which trades gold every day (use separate accounts).

14-day free trial: use the same EA for 14 days (the 14 days include several Gotobi days). Start the free triale-510-EA trades only on the mornings of Gotobi days — the 5th, 10th, 15th, 20th, 25th and the last day of the month in Japan. Many Japanese importers settle dollar payments on these days, so dollar demand tends to gather in the Tokyo morning.

e-510-EA trades USDJPY and EURJPY on those mornings only and closes before midday Japan time. On other days it does nothing.

• About 6 trading days a month; each sell lasts about 1.5 hours at most
• Stop loss sent with every order, moved past break-even once in profit
• No averaging down, no martingale
• One chart trades both pairs
• Lot size from the percentage of capital you allow to lose per round (default 8%, up to 12%), capped so a 150% margin level remains even if every stop is hit
• Skips a pair when its spread is too wide
• Japan time comes from the PC clock, so the broker's server time does not matter. Japanese holidays are built in

Backtest (MT5 Strategy Tester, real ticks, Jan 2018 to Sep 2026, default inputs, initial deposit 200,000 JPY):

• Last two years (Oct 2024 to Oct 2026): about 970,000 JPY (x4.8), profit factor 2.96, max drawdown 16%
• Eight years (Jan 2018 to Oct 2026): about 30.3M JPY, profit factor 2.67, win rate 81% (a compounding figure)
• The end of the two years (Sep 25 to Oct 15, 2026) was an unusually favourable market; days like Sep 30 came about once a year

Account: each trade aims at a few pips, so use an account where spread + commission around 10:00 Japan time is about 1 pip on USDJPY and 1.3 pips on EURJPY (see the manual).

Pairs well with GoldHam (gold M1 EA). GoldHam trades gold every day; e-510-EA trades yen pairs only on Gotobi mornings. Over the same two years (Oct 2024 to Sep 2026), GoldHam was holding a position only 2.3% of the time e-510-EA was, and monthly results tended to move in opposite directions (correlation about -0.4). Added to GoldHam Shield, the largest drop in closed balance did not grow. Details: https://fx-hamrat.jp/en/goldham/#combo

What you get: MT4 and MT5 versions, English manual (PDF).

License: one license = one trading account. After purchase, reply to your receipt e-mail with your order number and MT4 or MT5 (no account number needed). We send your license number within 1 business day (Japan time). The license binds to the first account you run it on; you can reset it at https://db.fx-hamrat.jp/?lang=en

Requirements: MT4 or MT5 for Windows (PC or VPS) running from early morning to midday Japan time on Gotobi days.

Past backtest results do not guarantee future profits.