2/18 The criteria for backtesting are not unified
EA developer Reiwa’s double-i-e here.
When applying to list an EA on Gogojan,
“Submission of backtests”is mandatory.
EA will not pass without publishing backtests!
As I have been saying for a long time,
it may seem at first glance that things are “well put together,” but...
【The backtest standards are not standardized】
Various EA developers are listing different EAs,
and the backtests are also varied.
・Spread settings vary
・Backtest periods vary
(・EA names also vary)
It feels like “the standards are not unified.”
Personally, for spread settings,
if fixed pips, I set it to about 1.5 pips for USD/JPY or EUR/USD,
and so on,
but for others it could be 0.5, 0.7, 1.0, and so on, varying.
If there is some rationale behind the settings, that’s fine, but
I feel Gogojungle’s non-standard system is being exploited.
I set things so that even with TDS variable spreads, it reaches the same level as fixed pips,
but
with TDS you can’t tell how many pips were used for the setting.
That’s why there is “Gogojungle’s backtests,”
but it doesn’t seem to be catching up for all EAs.
Backtest periods are also varied,
and there are some even labeled as “1-year” tests.
I think some kind of consistent listing review standard is necessary.
Well then!
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【Reiwa’s Double-i-EA Listing】
https://www.gogojungle.co.jp/users/112481/products
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【Reiwa’s Double-i-E articles】
■ EA for Beginners
https://www.gogojungle.co.jp/finance/navi/series/1700
■ No Tactics! Gogojungle Problem Posing!
https://www.gogojungle.co.jp/finance/navi/series/1701
■ Double-i-FX Tales
https://www.gogojungle.co.jp/finance/navi/series/610
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【Reiwa’s Double-i-E’s Principles】
Develop EAs by the straightforward method,
earn the support of more people,
and maintain a long-term WIN-WIN relationship,
aiming to invigorate the EA market and improve literacy.
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