Ranking of reliable EAs that can be used continuously (Part 2) The ratio of customers who bought an EA for the first time in November 2018 and are still using the EA to trade as of December 2019
About 5,000 developers listed roughly 17,000 EAs, and customers who purchased them after reviewing performance results, word-of-mouth, and product reviews tracked whether they continued to trade FX using the EA; the result is the “Rate of customers who bought their first EA in November 2018 and were still using and trading with the EA as of December 2019.”
We are delivering the second installment of this ratio ranking, from 7th to 1st place all at once.
First installment articleTop EAs You Can Continue Using — Ranking ①
The ratio of customers who bought their first EA in November 2018 and were still using the EA for trading as of December 2019
| NO | Product ID | Product Name | Continuation Rate: the proportion of customers who have purchased something from December 2019 to the present |
| 1st | 14944 | Senji-Mankou ～SENSI-BANKOU～ | 100.00% |
| 2nd | 13820 | Pips_miner_EA | 91.67% |
| 3rd | 15576 | Sany In The Mountains ～SANSI-SUIMEI～ | 90.00% |
| 4th | 8809 | BlackPanther USDJPY | 85.71% |
| 5th | 12344 | Flashes for USDJPY | 66.67% |
| 6th | 13844 | Premium Version of Rising 3 Furlongs (with compounding) | 60.00% |
| 7th | 6076 | White Bear Z USDJPY | 55.56% |
| 8th | 13232 | Rising 3 Furlongs | 54.55% |
| 9th | 8815 | One-Tilt Victory | 41.67% |
| 10th | 13038 | MultiLogicShot_EA | 40.00% |
※The number of data points used to calculate the ratios ranges from five customers for products with few customers to a little over twenty for larger ones.
Products with small data counts may have some margin of error, but they can still be quite informative; their accuracy will become clearer when examining the performance and characteristics of the product (EA).
Past articles explaining the points to look for in an EAHonestly, how do you choose a “good EA”?, which explainswithin the items
1. Forward results have accumulated to some extent and the graph is upward-sloping
YES since August 25, 2014
2.Low DD (drawdown) — not averaging down or martingale
Maximum drawdown: 6.03% (¥46,617) is small in the context of long-term operation.
Maximum number of positions: 3
3. PF ≥ 1.5
2.57
4. Risk-Return Ratio = Total profit ÷ Maximum drawdown: a guideline is 2.0 or higher
8.63
5. Risk-Reward Ratio = Average profit ÷ Average loss: 1 or higher, and win rate 50% or higher to maintain profit
0.36, win rate 87.64%
Although the risk-reward ratio is low, the high win rate compensates, and users appear to be satisfied.
6th place: Premium version of Rising 3 Furlongs (with compounding)
1. Forward results have accumulated to a certain extent and the graph is upward-sloping
YES since April 1, 2018
2.Low DD (drawdown) — not averaging down or martingale
Maximum drawdown: 12.00% (¥93,700) is somewhat large, but it recovered soon after, allowing continued use.
Maximum positions: 1
3. PF ≥ 1.5
2.77
4. Risk-Return Ratio = Total profit ÷ Maximum drawdown: a guideline is 2.0 or higher
2
5. Risk-Reward Ratio = Average profit ÷ Average loss: 1 or higher, and win rate 50% or higher guarantees profit
0.29, win rate 90.24%
Although the risk-reward ratio is low, high win rate covers it and users seem satisfied.。
5th place: Flashes for USDJPY
1. Forward results have accumulated to a certain extent and the graph is upward-sloping
YES since September 10, 2017
2.Low DD (drawdown) — not averaging down or martingale
Maximum drawdown: 11.88% (¥150,400) is a fairly large drawdown, but the subsequent recovery suggests it could still be used long-term.
Maximum positions: 1
3. PF ≥ 1.5
1.39
4. Risk-Return Ratio = Total profit ÷ Maximum drawdown: a guideline is 2.0 or higher
4.53
5. Risk-Reward Ratio = Average profit ÷ Average loss: 1 or higher, and win rate 50% or higher ensures profit
0.72, win rate 65.88%
The balance of a nearly 1.0 risk-reward ratio and a relatively high win rate has earned users’ trust.
Currently available product is the manual-and-set here.
Flashes for USDJPY Re-release Set
4th place: BlackPanther USDJPY
1. Forward results have accumulated to a certain extent and the graph is upward-sloping
YES since January 27, 2016
2.Low DD (drawdown) — not averaging down or martingale
Maximum drawdown: 10.08% (¥233,312) is fairly sizable, but long-term strong performance suggests users continue to use it.
Maximum positions: 15
3. PF ≥ 1.5
1.38
4. Risk-Return Ratio = Total profit ÷ Maximum drawdown: a guideline is 2.0 or higher
5. Risk-Reward Ratio = Average profit ÷ Average loss: 1 or higher, and win rate 50% or higher enables profit
0.5
, win rate 73.51%
Although the Risk-Reward Ratio is low, users appear to trust it due to the high win rate.
3rd place: SANSI-SUIMEI ～山紫水明～
1. Forward results have accumulated to a reasonable extent and the graph is upward-sloping
YES since November 15, 2018
2.Low DD (drawdown) — not averaging down or martingale
Maximum drawdown: 6.33% (¥24,704) is sufficiently small.
Maximum positions: 4
3. PF ≥ 1.5
2.27
4. Risk-Return Ratio = Total profit ÷ Maximum drawdown: a guideline is 2.0 or higher
2.96
5. Risk-Reward Ratio = Average profit ÷ Average loss: 1 or higher, and win rate 50% or higher ensures profit
0.99, win rate 69.57%
A near-1.0 risk-reward ratio with a relatively high win rate earns users’ trust.
Now the top 10 are examined, and at GogoJungle, more than 85% of customers who bought their first EA continue to trade FX with it; that’s an impressive figure.
Moreover, achieving success through EA investment is our mission, and going forward we plan to develop a site that prominently displays such rankings for customers to see.
Written by Hayakawa
