Balance of account funds and the ratio of lots
FX automated trading, the second coming of the duble-i.
The ratio of account funds to lot size
Domestic MT4 or MT5 FX accounts have leverage of 25x.
Apparently recently,
more people are using domestic FX accounts.
Here is something I want you to learn again.
What is it, you ask?
“Risk management”.
In other words,
“the ratio of funds to lot size.”
If the funds are small relative to the lots,
you may not have enough margin for EA entries.
In such a case,
some EAs may repeatedly place orders,
which strains the server.
You can program the EA not to repeatedly place orders,
but most EA developers do not assume this.
They may say they did not anticipate it,
since it would be pointless unless there is an entry,
so from that perspective, risk management is in place.
Now then,how should we manage risk?
This
is covered in a previous article I posted,
so please refer to that URL.
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■ About “How to calculate EA risk management”
https://www.gogojungle.co.jp/finance/navi/articles/64703
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Even excellent EAs can fail if risk management is incorrect.
So it would be a great waste, so please read.
Then!
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【From starting EA to intermediate: flow summary】
■First, mastering “installing the EA” is important.
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● MT4 EA (Expert Advisor), Indictor installation steps
https://www.gogojungle.co.jp/post/1/8212
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● Gogojungle video version*
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At first you may not understand everything at once and may stumble.
I also stumbled many times at first, so don’t rush—you’ll be fine!
If you have questions, 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 an EA】
Now that you feel you can operate an EA,
you may worry, “I don’t know which EA will win… I don’t want to lose…”
So, the Duble-i has published a series of articles to help with backtesting to gauge performance.
The following articles were published:
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■ How to find winning EAs from backtests
https://www.gogojungle.co.jp/finance/navi/series/1714
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Real performance vs forward results is important,and forward results matter, but
backtests support that backing.
Backtests are usually longer than forward periods,
and whether you win in forward is often determined by how you evaluate backtests.
【How should EA risk management be done!?】
And no matter how excellent an EA seems to be,
neglecting risk management will cause it to fail.
So in the case of EA,what is the proper risk management?
This is answered in the following article.
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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, for long-term continuation of EA operation, the “EA operation mindset” is also important.
Articles about these can be found at,
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12/30 Year-end and New Year SP!! EA full-coverage course Part 3
https://www.gogojungle.co.jp/finance/navi/articles/80551
8/12【Obon holiday special】 Now you too can become an EA master! “Mindset for improving EA operation”
https://www.gogojungle.co.jp/finance/navi/articles/72829
8/17【Obon holiday special】 Now you too can become an EA master! “Notes during EA operation”
https://www.gogojungle.co.jp/finance/navi/articles/73797
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With that said,
this is a substantial and very important content,
even if not fully understood immediately, please be sure to skim it!
Then!
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【Reiwa no Double-Eye EA listing】
https://www.gogojungle.co.jp/users/112481/products
Specifically, categorized Reiwa no Double-Eye EAs by genre
https://www.gogojungle.co.jp/finance/navi/articles/67162
(Portfolio diversification by genre is essential)
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【Series articles of Reiwa no Double-Eye】
■ EA Beginner Course
https://www.gogojungle.co.jp/finance/navi/series/1700
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https://www.gogojungle.co.jp/finance/navi/articles/64738
https://www.gogojungle.co.jp/finance/navi/articles/65619
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https://www.gogojungle.co.jp/finance/navi/articles/64723
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■ About “How to calculate EA risk management”
https://www.gogojungle.co.jp/finance/navi/articles/64703
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https://www.gogojungle.co.jp/finance/navi/articles/65978
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■ How to find winning EAs from backtests
https://www.gogojungle.co.jp/finance/navi/series/1714
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https://www.gogojungle.co.jp/finance/navi/series/1701
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https://www.gogojungle.co.jp/finance/navi/articles/65010
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https://www.gogojungle.co.jp/finance/navi/series/610
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【Reiwa no Double-Eye’s Beliefs】
Develop EA by a legitimate method,
grow the affection of more people,
and maintain a perpetual WIN-WIN relationship,
aiming to revitalize the EA market and raise literacy.
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━https://youtu.be/JVdq3Hih3vg?si=zvGKUD0II0P_iv8z