LOTO EA is an automated day trading forex robot specifically designed for the USD/JPY currency pair, and it’s available for free download. This expert advisor focuses on day trading, operating during the Tokyo and London sessions, with time control as its core logic.
As a same-day close EA, it ensures that trades do not remain open for more than 24 hours. You can enable or disable specific trading periods through adjustable parameters. Every trade is protected by stop-loss (SL) and take-profit (TP) settings.
The EA avoids risky trading strategies such as martingale, hedging, or grid systems. It typically executes 1 to 7 trades per week and may even go days without trading. Additionally, it only opens one trade at a time. 
Input Parameters
- Magic number – Set a different value from other EAs.
- Lot – At the time of simple interest operation. Default is not recommended.
- Allowable Spread – The unit is Pips.
- Allowable Slippage – The unit is Point (1Point=0.1Pips).
- Comment for notification – Comment to be inserted in the notification at the time of ordering.
- GMT/summer time – Please check the website of your broker.
- TakeProfit/StopLoss – Unit is Pips, Default is recommended value.
- Entry (Tokyo time/London time) –Time zone control switch.
If set to false, new orders will not be placed during that time period. - Compound Interest Function/Risk % – Money Management Function. Set to true to enable.
Risk % is the ratio of the StopLoss setting loss to the surplus funds.
[Lot calculation example] Surplus funds of 1 million yen, SL150, risk of 10%, 0.66 lots
Recommendations for USD/JPY Forex Robot:
Minimum account balance: $100 for 0.01 lot size
Best suited for: USD/JPY (can work on other pairs as well)
Optimal timeframe: H1 (works on any timeframe)
Recommend running this free forex EA on a VPS (Vultr)Low Spread ECN account is also recommended Icmarket and Exness
Account type: A low-spread ECN account is also recommended for the best results.
