2/28☆The world is relative
FX Auto Trading, EA developersReiwa’s Double-E
This article is truly about the fundamentals.
“Why is this discussion necessary for earning through EA operation?”
This is an article that people who think so should read.
The world is relative
There are words “relative” and “absolute” in the world.
While we often hear that “there is no absolute in the world,”
what might be called absolute is perhaps only that “living beings have life.”
Most other things are largely relative phenomena, I think.
If there were only 100,000-meter-high mountains, the Himalayas would feel like “low mountains.”
In sum, comparing with others is relative, and
the same can be said for currency pairs in FX.
When the dollar was around 70 yen, 1 USD 125 JPY felt quite weak yen, but
after recording 1 USD 160 JPY, 125 yen would feel strong.
Also,
even if Japan raises rates, if America also raises rates,
the US-Japan interest rate gap may not narrow, and USD/JPY may not fall,
in other words, it is a relative market, hence the term “market.”
With that in mind, you can trade more effectively.
Well then!
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【Flow from starting an EA to an intermediate level】
First, it is important to “master installing EAs.”
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MT4 EA (Expert Advisor) and Indicator installation procedures
https://www.gogojungle.co.jp/post/1/8212
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※GoGoJungle Video Version※
Even at the start, many people cannot understand everything at once, and will stumble.
I also stumbled many times at first, so don’t rush—you’ll be fine!
If you have questions, use the “Inquiry form”!
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■GoGoJungle “Inquiry Form”
https://www.gogojungle.co.jp/inquiry
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【How to choose an EA】
Now that you feel able to operate an EA,
you may think, “I can’t tell which EA will win… I don’t want to lose….”
Therefore, Reiwa’s Double-E has published a series of articles to help you understand to some extent through “backtesting.”
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■How to find winning EAs from backtests
https://www.gogojungle.co.jp/finance/navi/series/1714
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Forward testing is important, but
backtesting underpins it.
In most cases, the backtest period is longer than the forward period, and
whether you happened to win in forward testing can be gauged by mastering backtest evaluation methods to some extent.
【How should FX risk management be handled?!】
And no matter how excellent an EA you obtain,
if you neglect "risk management," FX will fail.
So for EAs how should risk management be done?!
This is answered in the following article.
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■“How to calculate EA risk management”
https://www.gogojungle.co.jp/finance/navi/articles/64703
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【EA operation mindset is also important】
And, for the long-term continuation of EA operation, the “EA operation mindset” is also important.
Those articles are,
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12/30 Year-end and New Year SP!! All about EA Part 3
https://www.gogojungle.co.jp/finance/navi/articles/80551
8/12 [Obon Holiday Special!]] Now you too can master EA! “Mindset for Improving EA Operation”
https://www.gogojungle.co.jp/finance/navi/articles/72829
8/17 [Obon Holiday Special!] Now you too can master EA! “Notes during EA operation”
https://www.gogojungle.co.jp/finance/navi/articles/73797
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With that said,
the content is quite substantial and important,
even if you don’t understand it immediately, please be sure to review it!
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【Reiwa’s Double-E EA Listing】
https://www.gogojungle.co.jp/users/112481/products
Specifically, categorizing Reiwa’s Double-E EAs by genre
https://www.gogojungle.co.jp/finance/navi/articles/67162
(Genre diversification is essential when building a portfolio)
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【Reiwa’s Double-E serialized articles】
■EA Beginner Course
https://www.gogojungle.co.jp/finance/navi/series/1700
“About calculating EA risk management”
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’s Beliefs】
Develop EAs by a proper method,
seek the support of more people,
maintain a long-lasting WIN-WIN relationship,
aim to revitalize the FX market and improve literacy.
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