⑤ Morning scan (trend-following direction) about
This is Reiwa Double-E, EA developer.
Today
“Morning Scalp (trend-following direction)”is about.
A morning scalp following the trend refers to
the logic of buying on pullbacks or selling on rallies,
with the time window limited mainly to the morning.
In my process for EA development,
first, I develop an EA without time control in a 24-hour operation,
and then, if there are advantageous timeframes, I focus on them.
However, most EA developers
tend to start by narrowing the time window with time control from the beginning.
Indeed,
morning scalping tends to show a rising equity curve in backtests.
Nevertheless, even in such cases,
you must implement measures against widening spreads in the morning.
Among these, the pinnacle of Reiwa Double-E’s morning scalp is…
This is it.
(Quoted from the sales page)
Morning scalps tend to be contrarian,
but once a trend forms,
it can lead to significant losses.
With a design that is aware of the trend,
even if you are in a drawdown just before holding a position,
ultimately you aim to take profit in the trend direction,
that is the goal.
Now, what about other EA developers…
I think this is representative among those on Gogojungle!
I think the Morning Scalp for EURJPY is easy to build.
Well then!
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【Reiwa Double-EA Listing】
https://www.gogojungle.co.jp/users/112481/products
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【Reiwa Double-Ei Serialized Articles】
■EA Beginner Course
https://www.gogojungle.co.jp/finance/navi/series/1700
■No Compromises! Gogojungle Issue!
https://www.gogojungle.co.jp/finance/navi/series/1701
■Double-E FX Talk
https://www.gogojungle.co.jp/finance/navi/series/610
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【Reiwa Double-E’s Beliefs】
Develop EA by proper methods,
gain the trust of more people,
and maintain a long-term WIN-WIN relationship,
aiming to revitalize the EA market and raise literacy.
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