Top ranking of reliable EAs that can be used continuously ① The ratio of customers who bought an EA for the first time in November 2018 and are still using the EA and trading as of December 2019
This is not limited to EA (FX automated trading software), but when you start something, the first person or thing you encounter can influence what happens afterward.
If the first EA you pick yields good trading results and continues to perform well afterward, it becomes a success experience, and you will continue to trade FX using EAs.
In other words, an EA that maintains good performance with low risk is easy to use for someone who is using an EA for the first time. One might even say it is an excellent, enduring EA.
Today, from that perspective, we investigated the “Share of customers who bought their first EA in November 2018 and are still using and trading with EA as of December 2019.”
Among about 5,000 developers offering roughly 17,000 EAs, based on actual performance results, word-of-mouth, and product reviews, the customers who purchased them are the ones who continued FX trading with EA afterward; the top ranks are truly treasures.
Based on these results, I would like to conduct a larger-scale study—for example, measuring the rate at which people who first bought an EA in a given year are still buying EAs years later. In the future, by placing real-time results at the center of the EA ranking, we could make it easier for customers to pick up these EAs and possibly reduce the number of customers who withdraw from EA-based FX trading.
Note: The “share of people still using and trading EA as of December 2019” is calculated from the number of people who bought EAs on GogoJungle from December 2019 to the present.
Now, please see the results.
The share of customers who bought their first EA in November 2018 and are still using and trading with EA as of December 2019
| NO | Product ID | Product Name | Continuance rate: the proportion of customers who have purchased something since December 2019 to the present |
| 1st | 14944 | 千紫万紅~SENSI-BANKOU~ | 100.00% |
| 2nd | 13820 | Pips_miner_EA | 91.67% |
| 3rd | 15576 | 山紫水明~SANSI-SUIMEI~ | 90.00% |
| 4th | 8809 | BlackPanther USDJPY | 85.71% |
| 5th | 12344 | Flashes for USDJPY | 66.67% |
| 6th | 13844 | 上がり3ハロンのプレミアム版(複利機能付き) | 60.00% |
| 7th | 6076 | White Bear Z USDJPY | 55.56% |
| 8th | 13232 | 上がり3ハロン | 54.55% |
| 9th | 8815 | 一本勝ち | 41.67% |
| 10th | 13038 | MultiLogicShot_EA | 40.00% |
The top 1st 千紫万紅~SENSI-BANKOU~, 2nd Pips_miner_EA, 3rd 山紫水明~SANSI-SUIMEI~, and 4th BlackPanther USDJPY have, in fact, more than 85% of users continuing EA trading.
As for 千紫万紅~SENSI-BANKOU~, 100%, all customers are still continuing EA trading a year later, which makes it precisely the EA you should use.
Note: The number of data points used to calculate the rates is from as few as 5 customers for smaller-count products to a little over 20 for larger-count products.
Products with small data samples may have margins of error, but we think they can still be informative; this should become clear by examining the performance and characteristics of the product (EA).
Now, we will examine the results in order, but among the items explained in the past article that discussed the points to look for in an EA, “ぶっちゃけ【優秀なEA】ってどう選ぶ?” (How to Choose an Excellent EA) describes the following items:/butthe items described.
1. Forward results have accrued to some extent and the graph is upward-sloping
2. Low DD (drawdown); not averaging down or martingale
3. PF1.5 or higher
4. Risk-return ratio = total profit ÷ maximum drawdown: 2.0 or higher is a guideline
5. Risk-reward ratio = average profit ÷ average loss: 1 or higher, and a win rate of 50% or more keeps the profits
We will review these step by step.
10th placeMultiLogicShot_EA
1. Forward results have accumulated to some extent, and the graph is upward-sloping
YES
2. Low DD (drawdown) ・not averaging down or martingale
Maximum drawdown: 5.74% (101,501 yen) is a loss that can be endured.
Averaging down is used, but given the maximum drawdown, users may be able to tolerate it.
3. PF1.5 or higher
1.46
4. Risk-return ratio = total profit ÷ maximum drawdown: 2.0 or higher is a guideline: 2.0 or higher is a guideline
3.75
5. Risk-reward ratio = average profit ÷ average loss: 1 or higher, and win rate 50% or more keeps profits
0.17, win rate 89.74%
Although the risk-reward ratio is low, the high win rate compensates, and users seem to be satisfied with the results.
1. Forward results have accumulated to some extent, and the graph is upward-sloping
YES
2. Low DD (drawdown) ・not averaging down or martingale
Maximum drawdown: 16.18% ( ¥250,100 ), margin considerations are necessary, but the 41.67% continuance rate may have given some users the impression of a significant loss.
Maximum 1 position.
3. PF1.5 or higher
1.57
4. Risk-return ratio = total profit ÷ maximum drawdown: 2.0 or higher is a guideline: 2.0 or higher is a guideline
10.19
Outstanding numbers.
5. Risk-reward ratio = average profit ÷ average loss: 1 or higher, and win rate 50% or more keeps profits
0.49, win rate 76.25%
Although the risk-reward ratio is low, the high win rate covers it, so users are likely satisfied.
9th8th一本勝ち上がり3ハロン
1. Forward results have accumulated to some extent, and the graph is upward-sloping
YES
2. Low DD (drawdown) ・not averaging down or martingale
Maximum drawdown: 6.98% (68,600 yen). The drawdown in August 2019 was large in the profit/loss chart, but the numbers are small overall.
Maximum 1 position.
3. PF1.5 or higher
5.30
4. Risk-return ratio = total profit ÷ maximum drawdown: 2.0 or higher is a guideline: 2.0 or higher is a guideline
5.95
Fantastic numbers.
5. Risk-reward ratio = average profit ÷ average loss: 1 or higher, and win rate 50% or more keeps profits
0.26, win rate 95.38%
Although the risk-reward ratio is low, the high win rate covers it, so users are likely satisfied.
Today we reported on the 3 items ranked 10th to 8th, and next time we plan to present the performance of all products.
Written by Hayakawa
Updated on Wednesday, April 29, 2020
We have newly implemented a feature that lets you view customers' EA operation rate updated every hour.
The number of real accounts running the EA in the past month divided by the number of purchases.
The real account EA operation rate (1 month) is available on the GogoJungle home page and on the SysTrade top page.