6/15★ Occasionally I’ll borrow the power of ChatGPT, its 125
FX Auto Trading, the Rei wa no Double I of EA developers.
This series has been written with the aim of posting every day since last year.
Perhaps I have continued for almost a year!
If you read what I have written so far,
you’ll surely get closer to better EA operation, I boast.
And, since I want to take a short break,
I would like to continue posting with the help of ChatGPT.
Occasionally I will post irregularly like previous posts.
FX Auto Trading, Rei wa no Double I is the EA developer.
While “resource competition” is sometimes cited as a cause of war,
in modern times, digital resources may become the target.
EA (Expert Advisor) is also one of these “digital resources,”
and EA developers can be said to hold that resource.
The field of EA development remains niche,
but sometimes there isa “competition among developers”within the market.
Criteria EA developers use to choose a distributor
When EA developers choose a distributor, they consider the following:
Compensation: the distributor that offers the highest pay
Credibility: whether they are trustworthy
Legal cleanliness: whether there are legal risks
Distributor's system: whether there is an easy-to-sell environment
Sales potential: whether there is a high chance your EA will sell
Different developers have different criteria, but these factors are major decision points.
Risks and self-defense against “competition among developers”
As competition intensifies, there may be battles among distributors over developers.
To avoid being caught up in such situations, it is important for developers to take self-protection measures.
As a EA developer, like a loss-cutting logic in FX trading, you may need to think as follows:
Risk management: anticipate potential disadvantages and minimize losses.
Choose a reliable partner: collaborate with a distributor you can build a long-term relationship with.
Information gathering: always keep abreast of industry trends and distributor reputation.
Frustration and responsibility to users
Ideally, as an EA developer you want to prioritize user needs above all, but in reality there are times when distributors or other factors are determined for reasons not directly related to users.
Nevertheless, we aim to make the best choices so that users are ultimately satisfied.
As an EA developer, we will continue to be transparent and protect users’ interests while contributing to healthy industry growth!
Well then!
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【Summary of the flow from starting EA to intermediate level】
First, mastering “installing the EA” is important.
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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 beginning, you may not understand everything at once; some may stumble repeatedly.
I also stumbled many times in the beginning, so don’t rush—you’ll be fine!
If you have questions, use the “inquiry form” to reach out!
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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 think you can operate an EA,
you might think, “I can’t tell which EA will win… I don’t want to lose…”
Therefore Rei wa no Double I will provide some guidance through
“backtesting” to gauge pros and cons to some extent,
in the following series of articles.
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https://www.gogojungle.co.jp/finance/navi/series/1714
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【How should EA risk management be done!?】
And no matter how excellent an EA you obtain,
“how to manage risk?”
This article answers that question.
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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 the long term, an “EA operation mindset” is also important.
Those articles are,
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12/30 Year-End and New Year SP!! EA Fully Explained 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! “Mindset for Improving EA Operation”
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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this content is quite lengthy and very important,
so even if you cannot understand it right away, please be sure to read through it!
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【Reiwa no Double I-EA Listing】
https://www.gogojungle.co.jp/users/112481/products
Specifically categorized Rei wa no Double I-EA by genre
https://www.gogojungle.co.jp/finance/navi/articles/67162
(Portfolio diversification requires genre variety)
【Reiwa no Double I-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 no Double I’s beliefs】
Develop EA with proper methods,
earn the support of more people,
and maintain a long-term WIN-WIN relationship,
aiming to energize the EA market and improve literacy.
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