⑥ Morning scalping (mean-reversion direction) about

EA developer Reiwa’s Double-E is here.

Today

“Morning Scan (contrarian direction)”is about.

In the early morning Japan time,

there is a closing time for NY time.

If so,

NY players are unwinding their positions during this period.

In other words, “opposite trades are more likely to occur.”

Therefore,

during Japanese night, European and NY players trade actively,

and large price movements occur due to NY’s important economic indicators,

and when these combine, a not inconsiderable number of positions

are prone to “opposite trades.”

Because of that,

the so-called contrarian morning scan works more easily.

Recently, perhaps recognizing this,

brokers have widened the spreads in the early morning,

but that only shows there is more edge.

As an EA developer,

this price movement is easy to convert into EA,

and many morning-scan EAs are circulating.

Among them,

how to deal with morning spread countermeasures?

is where an EA developer’s skill shows.

If you can backtest this type of EA,

you need to check with variable spread (TDs fluctuating spread).

Under a normal fixed spread, it may rise steadily,

but with a fluctuating spread, it often worsens for this type of EA.

Or, you can also contact the EA developer.

Then!

【Reiwa’s Double-E EA Listing】

https://www.gogojungle.co.jp/users/112481/products

【Reiwa’s Double-E series articles】

■ EA Beginner Course

■ No Sensitivity! GoGoJungle Problem Posing!

■ Reiwa’s Double-E FX Talk

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【Reiwa’s Double-E Belief】

Develop EA by the proper method,

and earn the trust of as many people as possible,

while maintaining a long-term WIN-WIN relationship,

aim to revitalize the EA market and improve literacy.

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