9/28 TPSLのパラメーターにあるEAの設定方法について
FX automated trading, it is the rule of the EA developer Re-daburu-i.
In my case, there are hardly any,
depending on the EA,
TP and SL may be open on this meter.
At that time,
“How should I set it up?”
you might think.
However,
the method of setting requires great caution.
----------------------------------
What does that mean?
First of all, TP and SL should be consideredas a “flavoring”.
Over the long term, there are various volatility environments.
There were times when USD/JPY moved to 75 yen per dollar,
and recently there were times when it exceeded 160 yen per dollar.
In such conditions,
even with the same 1% fluctuation,
at 75 pips when it was 1 dollar = 75 yen,
and 160 pips when it was 1 dollar = 160 yen,
the gap in pips becomes more than double.
Even within the same period,
there are days moving more than 100 pips and days with little movement.
If that happens,
fixing TP/SL to a fixed number of pips
will lead to some market conditions where it works and others where it doesn’t.
There are times when TP is reached for profit, and times when it isn’t,
or SL is hit immediately causing a loss.
…Therefore, correctly,
you should backtest through parameter optimization to derive numbers you are satisfied with.
Ideally, even if it’s a matter of personal preference,
“TP should be 10 pips,”
“I want the TP:SL ratio to be 2:1,”
“I can’t endure more than 100 pips of SL,”
If you input such preferences casually,
there will be times when it works and times when it doesn’t.
More importantly,
to improve the original EA performance,
the TP and SL values are inevitably decided.
In other words, they are determined by long-term backtest data optimization.
Thereforethey are a matter of “flavoring”.
This is why
when trading, continually changing take-profit or stop-loss lines is called discretionary trading, which is different froman EA’s autonomous approach.
It becomes an EA’s own philosophy.
In particular,
trend-following EAs tend to have “TP > SL”
whereas scalping EAs tend to have “TP < SL”.
If you ignore these inherent performance tendencies and input according to your preferences, you may fail.
Over the long-term tick data from backtests,
through optimization, determine convincing parameter values,
that becomes the standard.
And the performance metrics like profit factor or win rate will vary slightly depending on parameter differences in the backtest results.
If you then choose based on personal preference, that’s probably still fine.
As long as you choose based on objective data, I think it’s okay.
Then!
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[Reiwa’s Double-EA Listing]
https://www.gogojungle.co.jp/users/112481/products
Specifically, the EA of Reiwa’s Double-E has been categorized by genre
https://www.gogojungle.co.jp/finance/navi/articles/67162
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[Reiwa’s Double-E Series Articles]
https://www.gogojungle.co.jp/finance/navi/series/1700
https://www.gogojungle.co.jp/finance/navi/articles/64703
https://www.gogojungle.co.jp/finance/navi/articles/65978
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’s Double-E Belief】