Backtest USDJPYCandle by Candle, Free to Try

The yen trends more cleanly than most majors, which makes trend and continuation setups genuinely testable on it. But it also carries intervention risk — the BoJ can spike it hundreds of pips in minutes. Backtesting shows you both sides: how your setup performs in the trend, and how badly the outlier days hurt.

Knowing your real drawdown on USDJPY before you trade it means the violent days don't surprise you — you've already seen what they do to your equity curve in replay.

USDJPY is driven by interest-rate differentials, risk sentiment and carry — when the dollar is strong and risk is on, it tends to grind higher steadily. It's most active across the Asian and New York sessions, and it moves on both Fed and Bank of Japan policy.

There's a quirk that trips up a lot of traders: on JPY pairs a pip is 0.01 (the second decimal), not 0.0001, and the pip value drifts with the exchange rate. The position size calculator adjusts for that automatically, so your USDJPY backtests reflect the right dollar risk, and the pip calculator shows the drift itself — one pip is ¥1,000 per standard lot, which is about $6.67 at 150.00 and $7.14 at 140.00.

Load USDJPY, replay it candle by candle, and log every setup — including the ugly intervention days. Reviewing the full sample tells you whether your edge survives the yen's occasional violence or depends on it staying calm.

The full USDJPY archive is open on the first chart. This is the pair where that is least optional: the yen has spent years in one-way trends punctuated by intervention days that move it several figures in minutes. Test only the trend and your rules look brilliant; test only the intervention and they look broken. Both are in the archive.

The meter is candles: 10,000 free sample first, or unlimited at $14.99 a month for the weeks a pair is actually moving.