This EA is equipped with a contrarian strategy specialized for 5-minute US Dollar/Yen (USDJPY). It combines various indicators such as RSI, MACD, and Bollinger Bands, and enters only when the conditions are met. The main features are as follows. First, it judges the direction using a unique moving average line. ■Conditions for buying entry A buy entry is made when all of the following conditions are met: the MACD crosses below the signal line, suggesting a short-term downtrend, the price is below the Bollinger band, and the price is temporarily pushed down. In an oversold situation, the price is likely to be near the temporary bottom, which is the timing for a rebound. ■Conditions for selling entry A sell entry is made when all of the following conditions are met: the MACD crosses above the signal line, suggesting a short-term uptrend, the price is above the Bollinger band, and the price is temporarily overextended. In an oversold situation, the price is likely to be near the temporary ceiling, which is the timing for a rebound. This EA can handle both range and trend markets. In range markets, you trade on rebounds according to the entry logic above, and in trend markets, you can participate in the trend without missing out. The main feature is that you can flexibly find entries according to the market environment.
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.