9/20★ Occasionally I borrow the power of ChatGPT Part 160【What is logic that doesn't belong anywhere?】
FX Automated Trading, the developer of EA Reiwa’s Double-i.
This series has been written with the goal of posting every day since last year.
It’s probably been about a year and a half already!
If you read what I’ve written so far,
you’ll surely come closer to better EA operations, I’m confident.
And since I’d like to take a short break,
I’ll continue posting by leveraging the power of ChatGPT.
Occasionally, I will post irregularly as before.
【What is logic that belongs nowhere?】
There are traditional “classic” genres for EAs, but
there are also unique logics that do not belong to any of them.
I originally developed EAs to win in my own asset management.
To build a portfolio, a variety of logics is necessary,
and as a result I have had many opportunities to develop unique EAs that are not widely available in the market.
Examples of Unique-Logic EAs
For example, among the EAs I developed there are several that cannot be categorized into existing genres.
(※Click the EA names to go to the listing pages)
Utilities - Player
A versatile, “all-rounder” EA that can adapt to various market environments.
Copernicus Basic USDJPY Edition
Known for a mechanism where entries do not overlap at specific timings.
Trend-End Scalping
A special scalping EA that targets the end of trends.
Divergence-based EA
Equipped with a unique logic that applies “divergence” from technical analysis.
These are
not easily classified into common frameworks like “scalping” or “trend following,”
so they are treated as **“Other EA genres.”**
Which genre is superior?
In short, each type has its strengths and weaknesses.
Therefore there is no single EA type that is the best.
What’s important is to combine multiple types to balance risk.
This is like dietary nutrition: relying on one single ingredient (EA) long-term leads to imbalance.
For those unsure about which EA to choose
Many people wonder, “Which EA is which type?”
In that case,including EAs with different win rates in a portfoliois one way to think about it.
High-win-rate scalping,
lower-win-rate but with large profit potential trend-following,
and adding anomaly-type etc. in a balanced way will
naturally cover multiple genres.
Summary
There exist “Unique-Logic EAs” that do not belong to existing genres
Each type has strengths and weaknesses; no type is inherently superior
What matters is a portfolio that combines various types
Even just incorporating EAs with different win rates can balance naturally
As an EA developer, the difference in status lies in whether you can create unique logics beyond the traditional six genres!
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【Flow from starting EA to intermediate level】
First, mastering the installation of EAs is essential.
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MT4 EA (Expert Advisor) and Indicator installation steps
https://www.gogojungle.co.jp/post/1/8212
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※GoGoJungle Video Version※
Even at the start, it isn’t possible to understand everything at once, and some may stumble.
I also stumbled many times at the beginning, so don’t rush—take your time!
If something isn’t clear, there is a contact form you can use!
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■ GoGoJungle “Contact form”
https://www.gogojungle.co.jp/inquiry
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【How to choose EA】
Now that you’re ready to operate EAs,
you might think, “I can’t tell which EA looks promising… I don’t want to lose money…”.
Therefore, Reiwa’s Double-i has published several articles so you can gauge quality through backtesting to some extent.
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https://www.gogojungle.co.jp/finance/navi/series/1714
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but backtests provide the basis for that.
The backtest period is usually longer than the forward period, and
whether you happened to win in forward testing can be inferred by mastering backtest evaluation methods.
【How should EA risk management be done!?】
And no matter how excellent an EA seems,
FX collapses if risk management is neglected.
So for EAs,how should risk management be done?
The article answering this is below.
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■ About “How to calculate EA risk management”
https://www.gogojungle.co.jp/finance/navi/articles/64703
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【EA operation mindset is also important】
And, to sustain EA operation for a long time, the “EA operation mindset” is also important.
Regarding those articles,
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12/30★ Year-end and New Year SP!! The EA All-Understanding Course Part 3
https://www.gogojungle.co.jp/finance/navi/articles/80551
8/12 [Special盆休み企画!] Now you’re an EA Master! “Mindset to Improve EA Operation”
https://www.gogojungle.co.jp/finance/navi/articles/72829
8/17 [Special盆休み企画!] Now you’re an EA Master! “Notes during EA operation”
https://www.gogojungle.co.jp/finance/navi/articles/73797
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That said,
the content is quite substantial and important,
so even if you can’t understand it immediately, please make sure to review it!
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【Reiwa’s Double-i EA Listing】
https://www.gogojungle.co.jp/users/112481/products
Specifically, I categorized Reiwa’s Double-i EAs by genre
https://www.gogojungle.co.jp/finance/navi/articles/67162
(Portfolio diversification by genre is essential)
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【List of Reiwa’s Double-i Serialized Articles】
■ EA Beginner's Course
https://www.gogojungle.co.jp/finance/navi/series/1700
https://www.gogojungle.co.jp/finance/navi/articles/64703
https://www.gogojungle.co.jp/finance/navi/articles/65978
https://www.gogojungle.co.jp/finance/navi/articles/64738
https://www.gogojungle.co.jp/finance/navi/articles/65619
■ How to find a profitable EA from backtestshttps://www.gogojungle.co.jp/finance/navi/series/1714
https://www.gogojungle.co.jp/finance/navi/series/1701
https://www.gogojungle.co.jp/finance/navi/articles/64723
Reiwa’s Double-i “Push buying/ Pullback selling” logic公開解禁!!https://www.gogojungle.co.jp/finance/navi/articles/65010
https://www.gogojungle.co.jp/finance/navi/series/610
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【Reiwa’s Double-i’s Philosophy】
Develop EA by a principled method,
gain more followers,
and maintain a long-lasting WIN-WIN relationship,
with the aim of revitalizing the EA market and raising literacy.
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