[Free EA] Ncut_GBPJPY | SYSTEMTRADE.COM

Equipped with entry conditions that utilize RSI and moving averages. Pursue profits through trading in line with London market hours, and automatically manage risk. Equipped with entry conditions that utilize RSI and moving averages. Pursue profits through trading in line with London market hours, and automatically manage risk.

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: 100

Expected Monthly Return: 5%

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

Entry Condition

◎ Buy entry Entry occurs during a specific time period (2:00 or 3:00 p.m.) after the London market opens. Entry occurs when the RSI is below 30 (oversold state) and the opening price has increased compared to the previous day. The condition is that the spread is within the set benchmark value (3.0). ◎ Sell entry Entry occurs during a specific time period (2:00 or 3:00 a.m.) after the London market closes. Sell entries occur when the opening price meets certain conditions or when the spread is within the benchmark value.

Close Condition

After entry, positions are automatically closed at a specific time period (10pm-11pm) before or after the London market closes. Stop loss (SL) and take profit (TP) are set for each buy and sell, and are settled at a certain point. For buy positions, settlement is performed when losses exceed the tolerance level or profits reach a certain line.

Favorable Market

This EA is strong in range and trend markets. It is especially suitable for times when the market is moving regularly. It is designed to easily capture short-term price fluctuations by utilizing trade timing based on the opening and closing of the London market.

Unfavorable Market

Rapid price fluctuations and volatility can lead to poor performance, especially when important economic indicators are released or when there are large, unpredictable price movements.

Avoid Trading Timing

It is recommended that you refrain from running the EA before and after the release of important economic indicators, or during periods of low liquidity such as Christmas and the end of the year.

Recommended Operation

We recommend pairing it with other currency pairs for your portfolio, especially with the USD pair.