[Difference between EA and Indicators] (How to know the true performance of an indicator) - The EA Story of Dr. Cat - Navi+ - GogoJungle | Auto Trading - Market Analysis

I hope you are well. This is Dr. Neko.

Normally, we mainly develop EAs,

but today I would like to write about the topic mentioned above (the difference between EAs and indicators).

The world of FX is mainly divided into

(1) People who use an "EA"

(2) People who use an "indicator"

into two types, I think.

(1) type is the "EA camp",
where trading is left entirely to the EA.

And the (2) "indicator camp" would be
use the signals from indicators, various indicator values, trend lines, etc.,
and trade with discretionary judgment.

Now, what is the big difference between the two?
That is to say,
when considering investing,
the biggest difference is
whether the trading results are visible to the eye.
I think.

With an EA,

・Backtests,
・Forward tests on platforms like Gogojang
give【the performance if used continuously】in a form that is almost completely visible,
whereas with indicators,
in fact, the【performance when in operation】tends to be
mostly a black box,
which is the reality.

Also,
some indicator sellers
may publish their own performance data,
but
since it is data from the seller themselves,

the reliability is inevitably low.
In this sense,
for indicators as well,
it is necessary to make the actual performance visible objectively,
but in reality, such items are rarely sold,
which is the actual situation.

From this situation,
I thought indicators should also have their performance made visible,

so I released a new product called “Indi_To_EA.”

This product can visually display the indicators’ performance,

and furthermore, it can also convert them into automatic trading.
Thus, this is a product that can both visualize performance and automate trading.

There are many good indicators,
and many that are not so good,
truly a mix of gold and rubble.

In this sense,
by using the above product, the indicator’s performance can be made visible,
and after properly understanding its performance,
using that indicator can reduce wasted costs and wasted trading time,
and it should also help improve your ability to select indicators.

This product is, as follows,

in addition to the【full version】, we also have a【trial version】available,

so please feel free to use it. m(_ _)m

＜Indi_To_EA＞
https://www.gogojungle.co.jp/tools/indicators/18199

＜Indi_To_EA (trial version)＞
https://www.gogojungle.co.jp/tools/indicators/18535

Dr. Neko