Is an under 50% win rate still okay!? Introducing a 4-hour EA [shine] suitable for the highly volatile GBP/JPY chart!!
Today,ARATAさんが出品しているshine(GBPJPY) is an EA that we would like to introduce.
The video below summarizes strategy and forward results, among other things.
Product page here!!
shine is a simple trend-following EA that uses a 4-hour timeframe.
The tradable currency pair is【GBPJPY】.
There are three main points that caught the author's attention for introducing this time!!
◆Length of the forward period
◆Excellent performance that is not well known
◆Character of the EA's creator
First, I would like to start with the person who created the EA featured last,ARATA.
Please look at the image below! This isARATA’s profile image.
Yes, this is amazing.
How should I put it... it has a very artistic vibe. Haha
Please come to GogoJungle Studio and tell us more about the profile image.
Next is the length of the forward period.
This is the forward results from July 23, 2017 to October 28, 2019.
From the author's perspective, a forward period of this length is a very reassuring point.
The creator ARATA also wrote about the forward period, so I will quote a part.
【For those considering my EA】 If your forward measurements are within 2 years, please refrain from purchasing my EA. As about two years have passed, consecutive losses and drawdowns may occur, and you can better understand the drawbacks of the EA. I don’t want you to fail in choosing an EA. Please understand.
My frank impression is that it is wonderful to see such information on the product page.
As a seller, it is natural to want to sell as soon as possible, but
“I don’t want you to fail in choosing an EA, so please refrain from purchasing until forward measurements reach two years.”
Normally you wouldn’t say something like this.
From this profile image you might not guess, but the person seems very sincere.
And, two years and three months have passed since the forward measurement started, and the EA is showing good performance.
Let’s also look at the measurements from 2019 onward.
In 2019, many EAs had difficulty generating profits as expected.
Among them, this EA steadily accumulated profits.An EA suitable for current market conditions.
It is a favorable point to evaluate.
Next, a part the author focused on iswin rate of about 45%.
“Huh? That’s not a good performance.”
You may think so, but personally I would recommend an EA that profits with this level of win rate.
Simply put,a win rate low but profits rising means a low-risk, high-reward EA.
This EA is a trend-following type, so it expands profits in line with the trend.
Typically, it is a good match for the highly volatile currency pair GBP (pound).
There is drawdown, but if you focus on the profits that exceed it, you’ll grasp the merit.
This time, although it’s simple,shine has been introduced.
Rather than running as a main EA, it might be better to structure it as part of a portfolio.
Please also check the product page.