【Free EA】CLOCK WORKS EURJPY

Description Description Description Description Description Description Description Description

Frequently Asked Questions

Can I use the EA right after purchase?

Yes. The EA file (.ex4/.ex5) becomes available for download from your account page immediately after payment completes.

Does it support MT4 or MT5?

Platform compatibility varies by product. Please check the "Supported Platform" field on each product page. Many EAs support both MT4 and MT5.

Can I try EAs on a demo account?

Most EAs do not support running on demo accounts. To help you decide before purchase, every EA's backtest results are shown in the "Backtest" tab and forward test performance in the "Performance" tab on each product page.

What is the recommended margin or lot size?

Recommended settings are listed for each EA in the "Product Details" section of its product page. Excessive lot sizing can cause catastrophic losses at maximum drawdown.

Can I change my licensed account?

After purchase, go to "Licensed Account Switch" on My Page and enter the MT4/MT5 account number you want to bind. The change applies immediately. You can change once per 24 hours.

Are refunds or returns available?

Due to the nature of digital products, we generally cannot refund or accept returns after the authentication code has been issued. However, if the EA itself has a critical defect that prevents operation and the fault lies with us, we will handle the case individually. Please contact us via the inquiry page.

Do backtest results match live performance?

Backtest results are theoretical values based on historical data, while forward tests reflect live environment performance. SYSTEMTRADE.COM publishes forward test data for every EA on its product page so you can verify live performance before purchase. Spread and execution delays typically cause some divergence between backtest and live results.

Parameters

Trading Info

Recommended Fund: $10,000 USD

Expected Monthly Return: 2%%

This data is based on a 0.01 lot size. Actual performance may vary depending on your lot size.

Entry Condition

This EA focuses on price-movement tendencies that tend to appear during specific time zones, and enters trades based on pre-designed internal conditions.\n\nBefore entering, it checks the spread and recent volatility, and skips a new entry when the conditions are not met.\n\nIn addition, because the standard logic may not work well in markets undergoing sharp price swings, it checks the recent price range and is designed to suppress entries when a sudden move beyond a certain level is detected.

Close Condition

Positions are closed mainly under the following conditions.\n\n- Variable TP/SL based on ATR\n- Time-based exit at specified times\n- Risk-management filters according to market conditions\n\nThe take-profit and stop-loss widths are not fixed values alone; they are automatically adjusted based on the volatility before entry.\n\nAs a result, the design produces relatively compact TP/SL widths in low-volatility markets and wider TP/SL widths in high-volatility markets.\n\nIn addition, positions that do not reach TP/SL within a certain time are closed at a preset time.

Favorable Market

This EA performs best in markets without extreme sudden moves, where price tends to show time-of-day habits.\n\nIn particular, it is designed to work well with the following market environments.\n\n- Markets with normal liquidity\n- Time zones with stable spreads\n- Markets that tend to show corrections and reactions rather than sharp one-directional trends\n- Markets where volatility is not extremely high\n- Markets where time-of-day price tendencies are likely to appear\n\nRather than a simple trend-following EA, it is a type that targets time-of-day characteristics under specific conditions.

Unfavorable Market

- Just before and after major economic indicators\n- During policy events such as the FOMC and BOJ monetary policy meetings\n- Markets with strong currency intervention or intervention alertness\n- Sudden-move markets that move sharply in one direction in a short time\n- Time zones where spreads widen significantly\n- Low-liquidity markets such as year-end/New Year, Christmas, and holidays\n- Markets dominated by news factors more strongly than the usual time-of-day tendencies\n\nThis EA is equipped with a filter to suppress sudden-move markets, but it cannot avoid all market fluctuations.

Avoid Trading Timing

The days of the week can be configured in the parameter settings. The backtest runs on all days of the week, and over 10 years it was profitable on every day of the week. However, in light of recent economic conditions, we suggest using features such as turning Monday OFF to prepare for changes in the global situation over the weekend.