PLEASE NOTE
If the maximum number of lots per account (200 lots) is exceeded, new orders may be restricted. When using multiple EAs in one account, please understand the nature (logic) of EA and pay attention to the maximum number of lots. Please use EA at your own discretion and responsibility, and if you have any questions, please ask the EA provider from the review of the EA details page, and we recommend you to use EA only after you fully understand it. We do not take any responsibility for your use of EA.

【Unit of the number in the graph】
■ Vertical Axis
Orange: (per trade) Total of profit - loss [USD].
Green: (per trade) Total of profit - loss [USD] + current unrealized profit/loss [USD].
However, profit and loss do not include swaps.
■Horizontal axis
Period (ymd)
<Definition of Terms>
Profit: Total profit and loss is positive.
Loss: Total profit and loss is negative.

EA details:Flex Beggar2

Used Time axis Anything Winning Percentage 65.29%
Winning trade frequency 442 Loosing trade frequency 235
Average earnings 4.24USD Average loss 5.47USD
PF Value *

【What is PF? Calculation Formula】
Total profit / Total loss (for the whole period)
If PF > 1, it means that the profit is greater than the loss.

1.46 Profit and loss ratio *

【What is Profit and Loss Ratio? Calculation Formula】
Average of profit / Average of loss(for the whole period)
Average of profit (loss):Total number of trades where there was a profit (loss).

0.78
Maximum drawdown *

【What is Maximum Drawdown?】
Drawdown is the range of decline from the peak (*1) of the cumulative profit (USD) (*2) in the aggregation period.
The maximum value is the maximum drawdown.
The smaller the value, the lower the risk.
(*1)...For the purpose of calculation, the initial value of accumulated profit is 10,000USD, which is the initial signal input amount.
(*2)...It is the accumulation of profit - loss (USD) as explained in ①.

16.93% Unrealized profit and loss 0.00USD
Total acquisition pips *

【What is Total Pips Gained?】
Total pips of traRdes with profit - Total pips of trades with loss
The number of lots is irrelevant because pips is the price difference.

819.1pips Investment rate of return *

【Formula for Return on Investment】 (Total fixed profit - Total fixed loss + Unrealized profit/loss) / 10,000(USD)(*1) x 100 [%].
(*1)...10,000(USD) is the principal (initial account balance)

5.90%

Explanation of pips

This is the minimum unit that represents the price range of a currency pair.

In the case of GemForex, it is as follows.

For currency pairs involving the yen, such as USDJPY and EURJPY, "1 pips = 0.01".
For currency pairs other than those involving the yen, such as EURUSD and GBPUSD, "1pips=0.0001".

pipsとは?

Trading history

Trading history by days of the week

week Number of Wins Number of Losses Winning Percentage
Mon
98
55
64.05%
Tue
83
41
66.94%
Wed
85
50
62.96%
Thu
94
40
70.15%
Fri
82
49
62.60%
Sat
0
0
-

Trading calendar

Trading history by time zone

Trading history by currency pair

Trading graph by brand
Brand name EURGBP Latest Contract date 2022/09/29 08:30
Number of Wins 9 Number of Losses 14
Winning Percentage 39.13% Total income $-13.37
Brand name GBPUSD Latest Contract date 2022/09/28 08:31
Number of Wins 15 Number of Losses 21
Winning Percentage 41.67% Total income $-56.40
Brand name GBPCHF Latest Contract date 2022/09/16 08:30
Number of Wins 5 Number of Losses 5
Winning Percentage 50.00% Total income $2.08
Brand name EURUSD Latest Contract date 2022/09/13 08:30
Number of Wins 14 Number of Losses 13
Winning Percentage 51.85% Total income $-27.80
Brand name GBPAUD Latest Contract date 2022/09/07 09:25
Number of Wins 33 Number of Losses 11
Winning Percentage 75.00% Total income $85.53
Brand name AUDCHF Latest Contract date 2022/09/01 08:30
Number of Wins 0 Number of Losses 1
Winning Percentage 0.00% Total income $-1.43
Brand name AUDJPY Latest Contract date 2022/09/01 08:30
Number of Wins 34 Number of Losses 13
Winning Percentage 72.34% Total income $105.46
Brand name GBPCAD Latest Contract date 2022/08/24 08:30
Number of Wins 12 Number of Losses 5
Winning Percentage 70.59% Total income $49.73
Brand name AUDNZD Latest Contract date 2022/08/18 08:31
Number of Wins 64 Number of Losses 23
Winning Percentage 73.56% Total income $115.75
Brand name GBPJPY Latest Contract date 2022/08/18 08:31
Number of Wins 21 Number of Losses 20
Winning Percentage 51.22% Total income $-35.48
Brand name AUDUSD Latest Contract date 2022/08/10 08:30
Number of Wins 37 Number of Losses 9
Winning Percentage 80.43% Total income $89.10
Brand name EURAUD Latest Contract date 2022/08/04 08:31
Number of Wins 38 Number of Losses 16
Winning Percentage 70.37% Total income $110.61
Brand name EURCAD Latest Contract date 2022/08/04 08:31
Number of Wins 22 Number of Losses 10
Winning Percentage 68.75% Total income $24.93
Brand name EURJPY Latest Contract date 2022/07/27 08:31
Number of Wins 15 Number of Losses 13
Winning Percentage 53.57% Total income $-18.17
Brand name EURCHF Latest Contract date 2022/07/22 08:31
Number of Wins 7 Number of Losses 8
Winning Percentage 46.67% Total income $-3.29
Brand name USDJPY Latest Contract date 2022/07/19 08:31
Number of Wins 40 Number of Losses 22
Winning Percentage 64.52% Total income $-12.65
Brand name USDCAD Latest Contract date 2022/07/14 08:32
Number of Wins 19 Number of Losses 9
Winning Percentage 67.86% Total income $10.49
Brand name USDCHF Latest Contract date 2022/07/01 08:38
Number of Wins 9 Number of Losses 5
Winning Percentage 64.29% Total income $23.10
Brand name NZDJPY Latest Contract date 2022/03/29 08:39
Number of Wins 3 Number of Losses 2
Winning Percentage 60.00% Total income $-3.83
Brand name NZDUSD Latest Contract date 2021/11/03 09:40
Number of Wins 5 Number of Losses 4
Winning Percentage 55.56% Total income $9.70
Brand name EURNZD Latest Contract date 2021/11/03 09:40
Number of Wins 9 Number of Losses 3
Winning Percentage 75.00% Total income $68.06
Brand name CHFJPY Latest Contract date 2021/07/14 09:42
Number of Wins 7 Number of Losses 5
Winning Percentage 58.33% Total income $-4.02
Brand name AUDCAD Latest Contract date 2021/05/13 09:45
Number of Wins 10 Number of Losses 1
Winning Percentage 90.91% Total income $32.38
Brand name CADJPY Latest Contract date 2021/04/16 09:45
Number of Wins 13 Number of Losses 2
Winning Percentage 86.67% Total income $29.86
Brand name GBPNZD Latest Contract date 2021/02/04 09:47
Number of Wins 1 Number of Losses 0
Winning Percentage 100.00% Total income $9.81

System PR

Perform a back test using the recommended parameters described in the manual to check the performance.

Detailed explanation (such as use caution and setting method)

The automated trading software is an upgraded version of Flex Beggar, aimed at picking up less Pips during low-volatility periods.
Entries with long-term compliance and short-term reversal are the basic strategies, and the upgraded points are as follows.

The following setting parameters have been added to increase the degree of freedom in trading.
enduranceMode: If true, hold the position longer than before.
preventVolatileMarket: After the EA analyzes the market and determines that it is "highly volatile," it no longer takes a position on that day. When this flag is set to true, the criterion is more rigorous, and a lower number of drawdowns is more important than increasing profits, which tends to result in fewer positions.

* When enduranceMode = false and avoidVolatileMarket = false, trade with exactly the same logic as the previous version (Flex Beggar).


[Comparison between Flex Beggar (old version) and Flex Beggar2 (new version)]
Assuming parameter settings as recommended, both the number of trades and the drawdown

Flex Beggar <Flex Beggar2

It tends to be. We recommend using Flex Beggar if you are worried about drawdown and Flex Beggar2 if you want to focus on the number of trades.


[Different editions of Flex Beggar2]
* Although the sales logic is the same for all editions, the default values of the parameters are different for each edition to realize the trading policy as the title.
"Flex Beggar2" (this EA)
Assuming the parameter setting as recommended, we will settle in less than 2 hours after taking a position.
"Flex Beggar2 Day Trading Edition"
Assuming the parameter settings as recommended values, there is a possibility that the position will be held for up to less than 4 hours after taking the position. (Night trade up to less than 6 hours)
"Flex Beggar2 High Risk Edition"
Assuming the parameter setting as recommended, we will settle in less than 2 hours after taking a position. This edition tends to be the most aggressive in all editions, so it has the highest number of trades and the highest drawdown.


[NEW!] On July 2, 2020, we have changed the recommended values ​​for the parameters of AUDNZD, EURCAD, and EURNZD due to market fluctuations.
If you use this EA before that, there is a possibility that trading of the currency pair will not be performed, so
Please refer to the manual again and consider changing the setting value.

[NEW!] On July 21, 2020, due to fluctuations in market prices, we changed the recommended currency pairs and recommended parameters.
Please refer to the manual again and consider changing the setting value.

PLEASE NOTE
If the maximum number of lots per account (200 lots) is exceeded, new orders may be restricted. When using multiple EAs in one account, please understand the nature (logic) of EA and pay attention to the maximum number of lots. Please use EA at your own discretion and responsibility, and if you have any questions, please ask the EA provider from the review of the EA details page, and we recommend you to use EA only after you fully understand it. We do not take any responsibility for your use of EA.

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