5/28★Sometimes I borrow the power of ChatGPT 第108
FX Automated Trading, EA developerReiwa’s Double E is。
This series has been written with the aim of posting every day since last year.
Probably we’ve continued for almost a year now!
If you read what I’ve written so far,
I’m confident you’ll move closer to better EA operation.
And since I’d like to take a short break,
I’d like to continue posting with the help of ChatGPT.
From time to time, I’ll post irregularly as before.
FX automated trading, Reiwa’s Double E, the EA developer.
Just as there are many kinds of people in the world, there are various types among EA developers as well.
Personally, I dislike developers who create EA with no substance and still try to sell it to receive rewards.
What matters is delivering an EA with solid substance.
No matter how persuasive, an EA that can’t actually earn money is meaningless.
In the end, the customers are the ones who cry.
Choosing EA for baseless reasons is dangerous
Avoid choosing an EA for baseless reasons like “it seems to make money somehow” or “the person seems nice.”
What matters is objective data-based judgment and solid risk management. That will enable better EA operation.
Helpful links
For the pros and cons of EA and points on risk management, information is summarized at the following links, so please refer to them.
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■ How to find winning EAs from backtests
https://www.gogojungle.co.jp/finance/navi/series/1714
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■ About “EA risk management calculation methods”
https://www.gogojungle.co.jp/finance/navi/articles/64703
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It is important to present honestly
We also feel the need for some measures to prevent malicious EAs from circulating.
At the very least, developers who cannot present visibly verifiable performance on a site like Gogojungle cannot be trusted.
If there is nothing to hide, you should be able to present it proudly.
Gogojungle requires posting performance and backtests, and this will be one of the criteria for choosing an EA.
Beware of being drawn into a community
Some developers restrict information to their own communities and steer operations.
However, depending on how this is done, it can fall under investment advice, so caution is needed. I personally don’t fully understand issuing start/stop orders for automated trading…
Make your own judgment for better EA operation
Ultimately, please judge with your own eyes and strive for better EA operation!
Well then!
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【Flow from starting EA to 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 first, it isn’t possible to understand everything at once, and some may stumble.
I also stumbled many times at first, so don’t rush—you’ll be fine!
If you don’t understand something, there is a “Contact form” so use it!
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■ Gogojungle “Inquiry Form”
https://www.gogojungle.co.jp/inquiry
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【How to choose EA】
Now that you think you can operate an EA,
you might worry, “I don’t know which EA will win… I don’t want to lose…”.
Therefore, Reiwa’s Double E
has published articles so that you can determine reasonably using backtests,
and the following articles have been serialized.
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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 supports it.
Backtest durations are usually longer than forward periods,
whether you are evaluating if a forward win was just luck?
By mastering backtest evaluation methods, you can estimate this to some extent.
【How should EA risk management be done!?】
And no matter how excellent an EA appears,
if you neglect risk management, FX will collapse.
Thus in the case of EA, how should risk management be done?
An article answering this is below.
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■ About “EA risk management calculation methods”
https://www.gogojungle.co.jp/finance/navi/articles/64703
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【EA operation mindset is also important】
And, to sustain EA operation for a long time, the “EA operation mindset” is also important.
For those articles,
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12/30★ End-of-year and New Year SP!! EA Full Explanation Course Part 3
https://www.gogojungle.co.jp/finance/navi/articles/80551
8/12【Obon holiday special】 Now you too can be an EA master! “EA operation mindset”
https://www.gogojungle.co.jp/finance/navi/articles/72829
8/17【Obon holiday special】 Now you too can be an EA master! “Notes during EA operation”
https://www.gogojungle.co.jp/finance/navi/articles/73797
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So,
it's a substantial read and quite important contents,
even if you can’t understand it right away, please be sure to review it!
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https://www.gogojungle.co.jp/users/112481/products
（Portfolios require genre diversification）
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【Reiwa’s Double E’s Beliefs】
Develop EA by proper methods,
and cherish the support of more people,
maintaining a long-term WIN-WIN relationship,
aiming to revitalize the EA market and raise literacy.
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