[Morning Scan EA][High-Frequency Trading] Introducing the [Scraper], which generates stable profits during the early-morning trading in Japan time!!
Scraper
This timeTSFX's listingScraper will be introduced.
Product page here!◆ About the strategy
・Currency pair【USDCAD】
・Time frame for trading15 minutes
・Trading style【Scalping】
・Maximum number of positions1(※ occasionally both buy and sell can be held)
This EA does not aim for large profits from a single trade;
it is a type that increases earnings by repeating trades in small pips.
In the daytime, during unstable market conditions, it does not trade,
and by trading in the early morning Japan time,it is said to produce stable results.
◆ About the forward
Forward results since November 6, 2019.
Hover the cursor to display the time axis and earnings, please check.
As of December 18, 2019, in the forwardwin rate is 100%.Trading count 23 times)
As stated on the product page,an EA with high win rate and frequent trades while keeping small losses.
(※From here on, the following is the author's personal opinion)
This is true for any high-win-rate EA, but
if someone asks, “Is there an EA that wins 100% of the time?” it may be difficult to answer.
Even if an EA has a 100% win rate at the moment, buying it without thinking is not a good decision.
Understanding how much you could lose in a single trade is very important.
For new EA releases, the forward period is short, which is a drawback, so
no matter how high the win rate sounds,a single loss can badly affect the forward results.
If that happens, many people would decide, “I’ll never buy this EA.”
But you shouldn’t judge it solely on that, right?
Personally, I think it’s easier to understand visually and mentally when there are losing points.
Understanding the extent of losses when they occur is at least advisable before considering a purchase.
Now, the Scraper we are introducing has, when you view the product page, the maximum stop loss is50. How about that? Knowing this changes your perspective a lot compared to not knowing.
◆ About backtesting
The backtest period is from 2003 to 2019.
TodayTSFX's listing
Scraper has been introduced.I hope it serves as a reference for choosing an EA in the future.