The AUD/JPY Wednesday 15:00 Expert Advisor is a time-based automated trading system developed for MetaTrader 4 and MetaTrader 5. This EA is built around a simple yet historically effective strategy that exploits recurring market behavior on the AUD/JPY currency pair.
The system opens one trade every Wednesday at exactly 15:00 EST and automatically closes the position one hour later at 16:00 EST. By relying purely on time-based execution rather than indicators or price patterns, the EA removes emotional decision-making and maintains strict trading discipline.
The EA is designed to operate on the H1 timeframe and is intended for long-term, stable performance. Since trades are held for a fixed duration, the system does not use traditional stop-loss or take-profit levels. Instead, all positions are exited precisely one hour after entry, regardless of market conditions.
For users planning to run historical tests, it is recommended to replace order selection by ticket with order selection by index, as the MetaTrader 4 Strategy Tester does not handle ticket-based order selection correctly.
Backtesting Performance
A historical backtest of the AUD/JPY Wednesday 15:00 Expert Advisor produced strong and consistent results:
- Initial Deposit: $10,000
- Net Profit: $7,900
- Maximum Drawdown: $1,723 (10.3%)
- Trading Pair: AUD/JPY
- Timeframe: H1
- Position Size: 1.0 standard lot
- Test Period: July 7, 2008 – November 9, 2009
During this period, the AUD/JPY market experienced both strong uptrends and downtrends, demonstrating the strategy’s robustness across different market conditions.
Mini FAQ
Does this EA use stop-loss or take-profit levels?
No. This Expert Advisor does not use stop-loss or take-profit. All trades are closed exactly one hour after opening, based purely on time.
How often does the EA trade?
The EA trades once per week, opening a position every Wednesday at 15:00 EST, provided the platform is running.
How do I set the time zone parameter correctly?
You need to configure the Server_EST_Difference parameter to match the difference between your MetaTrader server’s timezone and EST (Eastern Standard Time).
For example
If your broker’s server time is GMT+1 and it is not during Daylight Saving Time, set the parameter to 6 (default value).
| AUD/JPY Wed 15:00 | MT4 |
| AUD/JPY Wed 15:00 | MT5 |
Password:forexsignalpro.net
⚠ Disclaimer: Always test the robot on a demo account before using real money. Trading involves risk.
