Enjoy this highly accurate system

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Use with USDJPY. For best results with my Universal EA - JesVersal EA, use this settings: 00:00 to 19:00GMT, trail 160 points, step 170 points. SL 400 points, TP 1500 points or whatever you want. optionally you can set Kelechi to true then use 50ema and 50 max lookback bars. type JES-USDJPY into the IndicatorName in the JesVersal EA, put 0 in the first buffer input and 1 in the second buffer input, leave the rest at -1 (very important). Contact the Author for other currency pairs.

For the universal EA JesVersal: If IndicatorName is not used, then make sure it is left empty. if any buffer input field is not needed, make sure the field is left at -1(very important). Make sure indicator isn't expired as EA may take wrong signals/trades from expired indicators. Always test on demo first.

JesLyn boolean will be explained in the next video coming soon. 

One indicator or settings doesn't fit it all(pairs) that is a naive take. Different currencies act and move differently, hence pair specific strategies and settings. 




These users thanked the author Kratos for the post (total 5):
mrtools, RodrigoRT7, boytoy, Cagliostro, AMgilla30


Re: Enjoy this highly accurate system

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The boolean "JesLyn" is used for trade management in some strategies and some currency pairs where such a style is suited. It's an anti-Martingale kind of strategy. that takes a trade in the opposite direction of the current/previous trade, and depending on the set threshold desired by the trader.

It is the opposite of the Boolean Kelechi, which tries to take trades in the same direction as the previous trade with an ema filter. Something I call a logical Martingale

Re: Enjoy this highly accurate system

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Forex profit test from 01/01/2024 - July 2024

pair: Usdjpy

Timeframe: M5

MT5: Strategy tester

Initial/Start Balance: $10,000

2% of Balance - dynamic lot sizing

SL 400

TP 2300

Trail 160

Step 170

Enabled the Kelechi boolean (50ema, 50 bar max lookback)

Peak Balance: $33k

Final Balance: $24k

Net profit: $14k plus



Disabled the Kelechi boolean

peak Balance: $30k

Final Balance: $21k plus

Net profit: $11k plus



The Kelechi Boolean did have an effect.

Traders what are your settings and result? Please post.

Re: Enjoy this highly accurate system

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Forex profit test from 01/01/2024 - July 2024
pair: Usdjpy
Timeframe: M5
MT5: Strategy tester
Initial/Start Balance: $10,000

2% of Balance - dynamic lot sizing
SL 400
TP 3000
Trail 160
Step 170

Enabled the JesLyn boolean (70)
peak Balance: $36k
Final Balance: $31k plus
Net profit: $21k plus

Disabled the JesLyn boolean
peak Balance: $30k
Final Balance: $20k plus
Net profit: $10k plus
These users thanked the author Kratos for the post:
eduarescobar


Re: Enjoy this highly accurate system

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Forex profit test from 01/01/2024 - July 2024

Pair: GBPJPY

Timeframe: M5

MT5: Strategy tester

Initial/Start Balance: $10,000

2% of Balance - dynamic lot sizing

SL : Undisclosed

TP : Undisclosed

Trail : Undisclosed

Step : Undisclosed


peak Balance: $109k

Final Balance: $93k plus

Net profit: $83k plus

The backtest results, graph, drawdown etc is at the end of the video provided above.


This is just a proof of concept for the JesVersal EA's effectiveness on GBPJPY. My highest score so far. As promised to the folks at forexfactory.

settings(for JesVersal) or indicator won't be made public unfortunately.

Note: This isn't the JES-USDJPY indicator.


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