Portfolio Selection (USD, EUR, GBP) -- vs -- JPY
GW is over, and we are returning to normal times.
There have been numerous interventions, but once it reaches this point, the charts become chaotic and technical analysis becomes difficult to apply, which is evident from past examples.
In USD/JPY, both the daily and weekly charts show long lower wicks.
An overreaction in price decline has occurred.
The EA in the title calmly rides this rough sea with a cool face.
A consistently single-position approach.
The grid or averaging-down EA must have sweated, or perhaps blown up the account.
Since it relies on automated trading, there must be no scenes that make users watching it feel anxious.
Rather, it should be boringly consistent: small unrealized losses and trades that are supported by small required margin.
Portfolio Selection (USD, EUR, GBP) -- vs -- JPY
Since its release last year, the profit factor has been around 1.3.
In the system trading ranking, it sits around the top 30 out of about 4,500 entries.
For a single-position EA, it ranks around the top five out of more than a thousand.
Moreover, when extracting those with 200 or more trades per year, it sits around the top 1st to 3rd.
This ability can be described as having a near 75 in terms of its deviation/standard score.
There is no need to worry about interventions.
〈FXTL〉