KonokaSystem EA MT4 (Official version) | Unbounded

What is KonokaSystem EA MT4?

KonokaSystem EA MT4 is a day trading Expert Advisor developed for the MetaTrader 4 (MT4) platform, designed specifically to trade the USDJPY currency pair during the Japanese trading session (00:00 – 13:00 Japan time). The EA executes trades at the closing price of the M5 timeframe, using a disciplined and rule-based trading methodology. KonokaSystem focuses on long-term account growth through controlled repetition of profits and losses, rather than aiming for a high win rate.

Vendor website 

About the Developer

• Author: Nobuyoshi Murase
• Experience: Over +11 years of experience on MQL5.
• Notable Products: KonokaSystem EA MT4, KonokaSystemNEO and other.
• Flagship Product: KonokaSystem EA is rated as the best performing product of the year.

>> Delivery time 24h-48h after payment.
>>> Refund if not delivered.
>>> You will receive the latest version without any limitations (ID+Time).

KonokaSystem EA MT4 Overview

Main Features of KonokaSystem EA MT4

• Japan Session Day Trading: Optimized for 00:00–13:00 Japan time.
• USDJPY Specialized Strategy: Designed to match the behavior and volatility of USDJPY.
• M5 Close-Price Entry Logic: Trades are placed at the closing price of the M5 candle.
• Non-Martingale System: No grid or martingale strategies are used.
• Balanced Profit & Loss Logic: Internal logic alternates wins and losses to support steady growth.
• Wide Protective Stops: Both Take Profit and Stop Loss are set to 100 pips to avoid stop hunting.

Additional Features  

• Multiple Exit Methods: Includes time-based exits and technical indicator exits.
• Spread Protection: Trading is restricted when spreads widen during early Japan hours.
• Position Limitation: Maximum number of simultaneous trades is capped.
• Optional Money Management: Supports fixed lot sizing or percentage-based risk control.
• Slippage Control: Adjustable slippage parameter for execution stability.
• Friday Trading Option: Can trade across weekends if enabled.

Why Choose KonokaSystem EA MT4?

• Designed for Stability, Not High Win Rate: Focuses on risk control and consistency.
• Stop-Hunting Resistant: Larger TP and SL distances help avoid broker manipulation.
• Session-Specific Optimization: Built specifically for Japanese market conditions.
• Simple & Transparent Logic: No aggressive recovery systems or hidden risks.
• Portfolio-Compatible EA: Works well as part of a diversified automated trading portfolio.
• Method-Based EA: Delivered as a complete trading methodology without future modifications.

KonokaSystem EA MT4 Backtest Results

🔺USDJPY – 242 Months

• Initial Deposit: $10.000
• Total Net Profit: $60.966 million
• Maximum Drawdown: 7.73%
• Win Rate (% of total): 65,42%

KonokaSystem EA MT4 Backtest

KonokaSystem EA MT4 review

Real User Reviews and Feedback

🔺konokaSystem is highly appreciated by the MQL5 community for bringing stable and reliable profits. Below are 5 star reviews from users:

User Reviews

What’s Included in the Download Package?

• Experts: KonokaSystem_fix.ex4

>>> Join VIP Membership Now <<<

Conclusion

In summary, KonokaSystem EA MT4 is a disciplined, stability-oriented day trading Expert Advisor designed specifically for USDJPY during the Japanese trading session. By using M5 close-price entries, wide protective stops, and a strict non-martingale structure, it prioritizes long-term consistency and drawdown control over aggressive profit chasing. Supported by extremely long-term backtests, low drawdowns, and positive community feedback, KonokaSystem EA MT4 is an excellent choice for traders seeking a transparent, session-specific, and portfolio-friendly automated trading system on MetaTrader 4.

>>> Reviewed by Jason Stap <<<