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Forex Shogun is an MT5 expert advisor for JPY cross pairs that runs on an H1 chart and compares several yen-related symbols before it trades. Trading carries risk, and past results do not predict future ones.
Get one message the moment it launches, with its price.
Forex Shogun is an expert advisor for MetaTrader 5 built around Japanese yen pairs. It looks at several JPY-related symbols together and uses how they move relative to each other to decide when to open trades on the H1 chart.
Most expert advisors judge one chart in isolation. This one is described as a multi-symbol system: while it sits on a single chart, it also reads price data from other yen pairs and compares their behaviour. The idea is that when several yen symbols move in step, or diverge, that tells you something about the strength of the yen itself rather than one pair.
The listing tags point to trend following with support and resistance context. The full entry and exit rules are not published in detail, so you should treat the logic as a closed method and judge it on your own testing rather than on description alone.
These are statements from the product listing. Check them yourself in the strategy tester and on a demo account, looking at how many positions open at once and how large the largest drawdown gets.
The symbols named are USDJPY, GBPJPY, EURJPY, NZDJPY, CHFJPY and XAUJPY. The timeframe is H1. The EA is meant to be attached to one USDJPY H1 chart only. Your broker must offer all of the symbols, and their names in Market Watch must be readable by the EA. If your broker adds suffixes or uses a different name for the metal pair, check the inputs for a symbol or suffix field.
Exact defaults are not listed here, so open the inputs tab and read each one before going live. These are the areas worth checking:
| Area | What to check | |
|---|---|---|
| Risk per trade or lot size | Fixed lot or percentage risk, and how it fits your balance | |
| Symbol list and suffix | Names match those in your Market Watch | |
| Trade limits | Maximum open positions and any daily or drawdown limits | |
| Magic number | Unique if you run other EAs on the same account | |
| Spread and slippage filters | Whether they exist and how strict they are |
A set of yen pairs is often correlated, so several positions can lose together. Spreads, swap and news events around the Bank of Japan and US data can change how the EA behaves. Start on a demo account, use a lot size you can afford, and review results over a long period.
Trading carries risk and you can lose some or all of your capital. Past and tested results do not predict future ones. Nothing here is financial advice.
Use a hedging account and a VPS if you want the EA to run without interruption.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 5 (expert advisor) |
| Strategy focus | Gold or XAUUSD, Signals, Trend, Support and resistance |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Automated trading, multi-symbol |
| Markets | USDJPY, GBPJPY, EURJPY, NZDJPY, CHFJPY, XAUJPY |
| Timeframe | H1 |
| Chart to attach | USDJPY H1 only |
| Account type | Hedging account |
| Trade style | Trend and correlation based, with support and resistance context |
| Listed minimum deposit | 100 USD; confirm against your broker and risk plan |
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The product listing says to attach it to a single USDJPY H1 chart only. The EA reads the other listed JPY symbols from that chart, so do not open it on every pair. Make sure all the symbols appear in Market Watch first.
No. This product is built for MetaTrader 5 only. Files for MT4 are not interchangeable with it.
The listing asks for a hedging account. Low-spread or ECN-style accounts are suggested because the EA trades on H1 and spreads affect results. Confirm account type and symbol names, such as suffixes, with your broker.
The listing mentions 100 USD as a minimum. Treat this as a starting reference only. The right amount depends on lot size, risk settings and how much loss you can accept, so test on a demo account first.
Yes. Open the inputs tab when you attach the EA to review the risk and trade options. Exact parameter names and defaults can differ, so read the inputs in your copy and the setup guide, and test any change on a demo account.
No result can be promised. Trading carries risk, you can lose money, and past or tested results do not predict future ones.
Forex Shogun
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