This indicator is the MT4 version based on the MT5 indicator of JES-USDJPY which is used and optimized for USDJPY currency pair. Other currency pairs have similarly optimized software for each currency pair, since they all behave differently even though some pairs share a bit of correlation.



Extensive tests, settings, and videos are available on the MT5 version thread: post1295546059.html#p1295546059

No MT4 version of JesVersal EA for now.





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

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.

JPY pairs today great water-fall. JesVersal and h. Volatility . 3am-5am GMT

JesVersal EA even better now

Dear Jeslyn, can this be tested? Other varieties, I don't do GBPJPY, MT4 indicators, and don't test EA