●JESARA2 is an EA for the range market.
●JESARA2 does not restrict the trading account currency type. (Same as JESARA)
JESARA does not limit the type of currency in your trading account. Specifically, it can be used in all the currency accounts around the world as listed below.
Decimal places = 0 digits：
Decimal place = 1 digit: Not applicable
Decimal place = 2 digits：
Decimal place = 3 digits：
●Unlike JESARA, JESARA2 has no restriction on currency pairs.
I am experimenting with 8 currency pairs (EURJPY, USDJPY, EURUSD, NZDUSD, GBPJPY, AUDCAD, CADCHF, NZDCHF) in a demo account. Although it is still the second day, the total is negative in the following currency pairs. I think it is better to avoid running with JESARA2's M30 (= default) on these currency pairs.
■USDJPY, GBPJPY, CADCHF （Total is negative）
▲EURUSD (The total is not negative, but a big negative has occurred, so it is better to pay attention to the currency pair) (201907231817)
●JESARA2 public stance
Neither JESARA nor JESARA2 is "made up freely and released irresponsibly". Both JESARA and JESARA2 are the ones that I trade with a real account. Recently I found a currency pair that would be negative on M30 of JESARA2. I am in the midst of relief because I used to trade on EURJPY's M30 as a real trade.(201907242118)
●The basics of trading are the same as JESARA, so please refer to the English Manual of JESARA for various common matters.
●There are 30 positions opened on April 17, 2019 in JESARA, and they will not be closed in July. So I became anxious and tried one of the indicators already in my MT4 and I found the indicator "! ButterflyNeo.ex4" which seems very good. It was an indicator that displayed the nadir. But of course it repainted, so I found an indicator "ZigZag_NoRepaint.ex4" that can be used as a filter. EA (JESARA2) was able to be made with less burden, since almost basic things are done by the indicator side. It started making on Thursday, July 4 and was completed on Wednesday, July 17.
In the indicator "ZigZag_NoRepaint.ex4", the arrow will become messy if it is displayed for a long time on the chart. This is because the indicator is based on loop processing. If a small mistake remains in one place, the whole calculation becomes confusing in the sense that when the condition that applies to the mistake occurs, the second calculation shifts two and the third calculation shifts three. The source is not published and can not be modified. When the indicator is initially displayed on the chart, it is displayed normally. When calling the indicator from within the EA, it is the same as handling the initial display data, so it is the same as handling the data to be initially displayed, so there is no need to worry.
Both “!ButterflyNeo.ex4” and “ZigZag_NoRepaint.ex4” are indicators published free of charge on the Internet. I had downloaded these two indicators long ago. While trying various combinations on MT4, I realized that these two compatibility is very good. I arrived at the experiment on my own. However, to my surprise, one person had already proposed the combination of the two indicators long ago on the Internet, so I have described the process that led to this combination.
The default timeframe is M30 because the three timeframes M1, M5, and M15 can be negative. But with M30, it was no longer closed with minus. (201907172207)
●Strategy of JESARA2
・Open and Close
JESARA 2 closes the position as soon as it opens, according to the circular marks that the indicator '! ButterflyNeo' outputs to the top and bottom. Of course, this indicator is also repainting. Therefore I use the indicator "ZigZag_NoRepaint" as a filter. The indicator "ZigZag_NoRepaint" outputs an arrow at the moment the third bar comes out without repainting the circle of the "! ButterflyNeo" output. When the arrow overlaps the circle, open the position along the trend direction of M30 at that time. It will not open if it does not overlap.
●History of Version UPs
・I changed the text of the message a little.
When "Stop_EA_when0P=true", when the position still exists, the message in the upper left corner will be "+++ EA GOING TO STOP +++" with white letters.
When "Stop_EA_when0P = false", when the position does not exist, the message on the first line is "Will Be Open." In light blue letters.
・Positions are held up to three at the same time before closing, but we want the vertical distance between positions to be somewhat distant. It is safer not to open the position without taking much distance in the vertical direction as shown below. In other words, we want to open the position at the position of the green circle in the figure below.
・As shown in the figure below, the property item "P_distance" is added because it becomes more secure when it is opened with a certain distance. Here, enter a multiple of how many times the distance between open positions is the spread distance or more. The default is 3.0. The spread ≠ 0 broker would be better. The red horizontal line indicated by the red downward arrow in the figure below is the Ask line, and the white horizontal line indicated by the light blue upward arrow is the Bid line.
【There is a change in the property item in this version up, so when you restart JESARA2, it will return to the default. For example, it will return to Stop_EA_when0P = true, so please set it to false again to resume trading. Please note that all other items will return to their default values.】(201907200235)
・Due to the nature of the indicator that was used as a filter up to now, there was a restriction that must be opened at the third bar after the circle is displayed. You can now open the second bar by using Fractal as a filter. I added a filter to a part of the indicator !ButterflyNeo.ex4 to make it one indicator JESARA2_I.ex4. The copyright notice of the original! ButterflyNeo.ex4 is left as it is. If you do not see a circle, it is because Fractal has determined that "Drawdown is still going." Please download it from the top page of JESARA2 and use it.
・The position opposite to the trend direction is closed conventionally. The trend was to look at H4 as the trend from D1 to H4 can reduce the negative amount.
・The indicator C_Strength is presented.(Description and Download) You can trade manually with this indicator alone.
・After upgrading the EA version, check if there is any change in the property items.(201908010029)
・When "H4_Trend_Follow = true", I was trying to open a position in the direction when the trend shifted from the range, but I thought this function was unnecessary, so I deleted it. Opening is based on JESARA2_I only.(201908060018)
・I tried to close the position only when it was positive. This is because sometimes a round mark appears too quickly and it closes with a minus. Basically, it moves with AUDNZD of the range market, so I think it may be correct to expect and wait until it becomes positive.(201908150050)
・Since the opening of the market on Monday, August 19, 2019, it has dropped sharply. The person who held the SELL position should have been able to make a profit, but at the stage of the two bars after that（M30）, the total amount was negative and could not be closed. In the future, in order to prevent this from happening as much as possible, logic was added so that there is a significant movement when the else condition does not appear as a circle and it closes when it is positive.(201908191604)
・There was no message to appear, so I fixed it. (201908221747)
・Even in AUDNZD, when the situation is close to the trend, multiple positions can be opened and held for a long time. We are concerned about drawdown when there are multiple positions. I thought that there would be no such anxiety as much as possible, so I decided to close it as soon as possible when there are multiple positions and a positive total amount. If you try to close with the default round mark, you may miss the chance of a positive total. On the other hand, when there is only one position, it waits for a circle and closes even if it is negative. Anyway, I no longer hold the position for a long time. As far as I can trade with AUDNZD, I think JESARA2 has entered the area of ??completion. What is still unknown is an unknown area.(201908282115)
・There is a certain degree of freedom when you are in a single position, so you can wait for the next circle as a challenge to make a big profit. However, it can be expected that there will be more users who want to close immediately when it is positive than my judgment. Therefore, by setting this item to true, it will close when it is positive even if it is a single position.(201908291534)
・JESARA2 is dangerous if you run it on the trend market. AUDNZD is a range market(About C_Strength). So I added a property item to make AUDNZD semi-fixed(=default). If you really want to run with another currency pair, please specify the currency pair with 6 characters in this item. Please specify 6 characters even for brokers with a slash or suffix in the currency pair name.
・There was an error when running on a broker with a currency pair name suffix. I fixed it.
・Until now, the indicator “JESARA2_I.ex4” used Fractal as a filter, so it was opened and closed at the second bar from the circle, but in the future it was removed. Download and use this indicator again in the Indicators folder.
・Bolinger Bands and Williams' Percent Range are now used as filters in the EA so you can open and close positions in the current bar 0.(201909201430)
★1.00 Released at 2019.07.17 (Wed)
1. Released at 2019.07.17 (Wed)
2. In order not to make the manual difficult to read, I will not keep the correction history. From time to time, I add points I noticed in manuals.
Due to trade with JESARA, even if a large loss occurs I will not be responsible for that financial burden. It shall be used at your own personal responsibility.