4/29 The Very Mistake-Ridden EA Selection: Part 1
EA developer Reiwa no Double-E is here.
Everyone, would you like to try buying the above EA?
If it were me, I would “absolutely” not buy it.
I will explain the reason.
【The maximum drawdown amount exceeds the initial margin】
The initial margin is 1,000,000 yen, but
the maximum drawdown amount exceeds 4,900,000 yen.
In other words,
“depending on when you start, you could go bankrupt.”
This is what it means.
By the way, the parameters are hidden, but
the lot size is 0.01 lots.
It cannot be reduced any further.
Sometimes on Gogojungle as well,
there are EA like this circulating, so please be very careful.
Moreover,
“not using all ticks, only on the opening prices”for backtesting.
That alone undermines reliability, so please be careful.
※By the way, I tested with all ticks.
Yes.
In the 11th trade, it collapsed immediately.
Be careful as there are such EAs as well.
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【Reiwa no Double-Ea Listing】
https://www.gogojungle.co.jp/users/112481/products
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【Reiwa no Double-E's serialization articles】
■EA Beginner Course
https://www.gogojungle.co.jp/finance/navi/series/1700
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https://www.gogojungle.co.jp/finance/navi/articles/64703
https://www.gogojungle.co.jp/finance/navi/articles/64738
https://www.gogojungle.co.jp/finance/navi/articles/65619
https://www.gogojungle.co.jp/finance/navi/series/1714
https://www.gogojungle.co.jp/finance/navi/series/1701
https://www.gogojungle.co.jp/finance/navi/articles/64723
https://www.gogojungle.co.jp/finance/navi/articles/65010
https://www.gogojungle.co.jp/finance/navi/series/610
【Reiwa no Double-E's Beliefs】
