Kindori-Mark3 distribution

How to use Kindori-Mark3

• 1. See the available ForEX brokers page here and open an account via that link.
• 2. Contact us on line here with your account number and broker name, then provide your password to activate EA.
• 3. Download and set up the EA file from here. Enter your given password from Line app to be able to set your parameters.

Configuration [Web Request]

Kindori Mark3 use “Web Request” to fetch latest figures such as VIX and economic index, thus user need to configure to allow WebRequest functions in Options.

The following step to set up configurations.
MT4 => Tools => Options => Expert Advisors =>  Check in the box “Allow WebRequest for listed URL:”
URL:  http://api.ea-runner.net/

Configuration [Parameter]

If you wish to customize respective parameters, jump to “Parameter” sections and see the explanations.

If you use Exness as your ForEx, set the following parameters manually by yourself.

[default]

Slippage: 100
Max Spread: 100
Take Profit Pips: 150
Step Pips: 150
Take Profit BE Pips: 10
Step Pips After Change: 300

Kindori-Mark3 Features

Currency Pair : GOLD (XAUUSD)
Time Axis : 1 Minute
Strength : Range-bound market
Weak : Extreme moves in one direction

Recommended Margin: Kindori-Mark3 does not provide any recommendation margin requirement or lot. Backtesting in your own environment and conditions by yourself would be references. Also, see our backtesting(Drawdown distribution, Drawdown-ranking).

Kindori Mark3 algorithm is basis of former former Kindori Mark2 though, the approach to averaging or/and the amount of lots has been changed.

When volatility increases due to our proprietary logic, we do not take a position, but instead, we pick up the position when it settles down.
The number of lots in the position at that time will be the total number of lots in the position that would normally be used for the pickpocketing.

Kindori-Mark3 position Examples

As example, see how to take a positions on Kindori-Mark3 on 4th Nov 2022, CES(Current Employment Statistics) .

Step1

First position take 0.02 lot. In the absence of volatility, it will take positions every 15 pips.

Step2

Avoid taking a position when the market is going one way. Take a position after calm market comes.
In this case, the average acquisition price is more favorable than taking a position every 15 pips.

[References]
1625.29: 0.02lot
1638.79: 0.90lot

Step3

If the price moves another 15 pips after taking 0.90, a position of 0.22 is taken.
In this case, the price has moved 30 pips, so 0.22 + 0.24 = 0.46 lot position is taken.

Summary

At first glance, most of users would be concerned about the sudden increase in lot size, but you can see that the average acquisition price works to the advantage of EAs that take positions at equal intervals, and that it is also advantageous in terms of gains and unrealized losses.

*Due to averaging algorithm, there is a possibility of total loss of money deposited in your account. Strongly recommended to withdraw your money frequently.

Demo Account

All accounts begins at USD10,000 deposit and first lot is 0.02 lot.

*DO NOT USE this account any purpose other than checking. We have recently seen many instances of demo account behavior being read from other programs. If discovered, we will immediately suspend demo accounts. We ask for your understanding so that this will not be to your detriment.

Parameter

Input	Description
Main First Lots	Amount lot of first position. First Lots will be added each time the position is expanded. For example, if the amount of lots is 0.02 0.02, 0.04, 0.06, 0.08… and so on. Depending on the market volatility, no more than 2 times the Step Pips would be changed, and the lot will change according to the multiplier.
Main Start Hour	Main First Lots start time configuration. ex) 10:00:00 JST
Main End Hour	Main First Lots end time configuration. ex) 15:00:00 JST
Other First Lots	Amount lot of first position ASIDE FROM “Main start Hour” and “Main End Hour”
Stop First Order	true: The new first position entry is suspended. false: The new first position is valid.
Slippage	Slippage. Unit is in points.
Max Spread	Spread. Unit is Pips.
Max Pips	If it is more than [configured Max Pips] pips away from the initial position, it will not take a position. The default is large enough.
Pips Stop Loss	If the position is more than [configured Pips Stop Loss] pips away from the initial position, the position is forced to close in the relevant direction. The default is large enough.
Max Position	When the number of positions reaches the configured number, no more positions will be taken. The default is large enough.
Num Position Stop Loss	If [Num Positions Stop Loss] set 9, Your current positions will be execute cutting losses when the price reaches 10th order position.
Take Profit Pips	Close positions at average acquisition price +[configured Take Profit Pips] Pips Default is 15 pips.
Step Pips	Averaging spread. Default 15 pips.
Max Lots Amount BE	Default is 55 times. If the total lots reaches 55 times or more than the initial lot, [Take Profit BE Pips] will be used instead of [Take Profit Pips]
Take Profit BE Pips	Default is 1.0 pips. If the total positions reaches [Max Lots Amount BE] times the initial lot, [Take Profit BE Pips] is used instead of [Take Profit Pips]
Max Lots Amount Change Step Pips	Default is 66 times.If the total lots reaches 66 times the initial lot size or more [Step Pips After Change] will be used instead of [Step Pips].
Step Pips After Change	Default is 30 pips.If the total lots reaches 66 times the initial lot size or more [Step Pips After Change] will be used instead of [Step Pips].
Magic Number1	Magic Number 1. If you want to run multiple EAs on one MT4 app, enter a different value.
Magic Number2	Magic Number 2. If you want to run multiple EAs on one MT4 app, enter a different value.
Magic Number3	Magic Number 3. If you want to run multiple EAs on one MT4 app, enter a different value.
Additioal Functions By Limit Order	true: Turns on special functionality with limit orders. Sell Limit: Close all short positions Buy Limit: Close all short positions Sell Stop: No longer have initial entry Buy Stop: Will have an initial entry false: Turns off the special functionality of limit orders. This is a complex function, please click here for more details.
Hide Objects	true: Hide indictors false: Display indicators * Time in this functions is based on Your GMT configurations.
Lang Type	Select Language for economic indicators on your chart.
Stop Economic Indicators	true: New positions would not be taken during the [Stop Economic Indicators Before Min] to [Stop Economic Indicators After Min] mins based on the time of release of U.S. economic indicator shown on the chart. The default is from 6 hours before to 30 minutes after the announcement.
Stop Vix Point	true: If VIX exceeds [Vix Point] , position would no be taken. Default is 32. *VIX is the ticker symbol and the popular name for the Chicago Board Options Exchange’s CBOE Volatility Index, a popular measure of the stock market’s expectation of volatility based on S&P 500 index options.
Stop Vix Rate	true: If  VIX increasement exceeds [Vix Rate] 、position would no be taken. Default is 5 %. *VIX is the ticker symbol and the popular name for the Chicago Board Options Exchange’s CBOE Volatility Index, a popular measure of the stock market’s expectation of volatility based on S&P 500 index options.
Entry XXX	XXX is day of week. true: First position entry for the day of week. false: No entry for the first position on the day of week Time zone depends on [Your GMT].
Start Hour XXX	XXX is day of week. Start time of the day of the week Time zone depends on [Your GMT].
End Hour XXX	XXX is day of week. End time of the day of the week.After this time. First position is suspended until next [Start Hour XXX]. Time zone depends on [Your GMT].
Brokers Summer Time Type	Set your broker’s summer time type. This input is only for backtesting.
First Position Type	Set your first position to be Long only, Short only, or both. If you already have a first position, Long, Short, or, both positions will be expanded until those positions are cleared.
Brokers GMT	Set your broker’s winter time GMT. This input is only for backtesting.
Your GMT	Set your local GMT.
Password	Enter your granted password correctly.

Backtests

Term: 01/Jan/2021〜31/Oct/2022

0.01lot

Circuit Breaker Configuration during VIX and economic indicators

The default is …

• Suspended when VIX reaches 32.
• Suspended when VIX arises more than 5% compare with previous day.
• Suspended 6 hours before and 30 minutes after the release of U.S. indexes.

This function cannot be reflected in the backtest because the external source fetches on live.
It is better to stop in scope of qualitatively because the volatility will increase, but we are not able to make a quantitative evaluation.
The downside of stopping the system is that profits that should be earned may not be earned, so please use your own judgment in selecting on/off.

Unrealized loss

Based on the above back test data(0.01 lot), the unrealized losses from the initial entry to the settlement are counted as one group.
The unrealized losses shown here are the values at the time of the largest position entry in one group, so the actual values may be slightly higher.

Unrealized loss distribution

The results show that with a margin of $2500, 98.78% of entries are within 20% of unrealized losses, while 0.08% of entries exceed $2500.

Avg figure

USD 58

Med figure

USD 6

Ranking

count_of_positions: Total positions
dd pips: Price gap between first position and las position (pips)
Position Holding Period(min): Time gap between first position and las position(mins)
dd: Unrealized loss at last position held  (USD)
order_type: buy or sell
ordered_at: Timestamp of first position (GMT+0)

If we assume that there is one group from initial entry to settlement, there are 5,589 groups, which means that there was an unrealized loss of $4,585 at a ratio of 1/5589.

Pips

Avg figure

53pips

Med figure

36pips

Ranking

The first place is 444.5 pips, so there are 5,589 groups, assuming that one group is from the initial entry to the settlement, which means that $44 is moving at a rate of 1/5589.

Position Hold Time

Avg figure

156 mins

Med figure

70 mins

Ranking

If we assume that there is one group from initial entry to settlement, there are 5,589 groups.The first place marks 5184 minutes, which means that it is held for a little over 3 days at a rate of 1/5589.

Kindori-MarkII

Term: 2021/01/01〜2022/10/31

0.01lot

To compare with Kindori-MarkII, Backtest has been conducted with same conditions as same as Kindori-Mark3.

Kindori-MarkII Drawdown Ranking

FAQ

Q. How long will it take to adapt configure change?

A. Once you set and adapt your change, all new parameters will be set and adapted immediately.

Q. I closed one of my positions that was taken by Kindori-Mark3 manually by myself. Will Take Profit line update automatically?

A. If closed one of your positions manually, Take Profit Line WILL NOT update automatically.
In this case, if you wish to update Take Profit automatically calculation, following the bellow steps.

1. Click Smile mark, then open Kindori-Mark3 Configuratoion.
2. Click OK, keep all same parameters.
3. Re-Calculation has been complete immediately and adapted updated Take Profit for all positions.

Q. It seems that my EA does not work, how do I resolve?

A. Check the following solutions.

1. Check smily face on upper right your chart.
2. Check if “Ready to Order” is displayed or not on upper left your chart.
3. Check the logs in the “Operation History” and “Expert” in the navigation pane at the bottom of the Windows MT4 application. For example, if you see “investor mode” in the log, you are logged in with a read-only password, so please log in again with a password that allows you to place orders.
4.If the above does not solve the problem, restart the Windows MT4 application.