FX Auto Trading, the EA developer Reiwa no Double i- is.

This series has been written with the aim of posting every day since last year.

Probably we have continued for almost a year!

If you read what has been written so far,

you can be confident that you will get closer to better EA operation.

And, since I would like to take a short break,

this time I will continue posting with the help of ChatGPT.

From time to time, I will post as in the past.

7 out of 10 fail in the Averaging Down Tournament!? – The reality of Averaging Down EAs

FX auto trading, this is Reiwa no Double i- the EA developer!

This time, about the dangers of averaging-down EAs I will talk.

In the world of FX automated trading, there are many EAs.
Among them, “averaging-down EAs” are popular among some traders, but
are they really profitable in the long term?

In fact, a test “Averaging-Down Tournament” was held in 2023.

The results are…

Unsurprisingly,7 out of the entrants collapsed!
And some of themwent dark afterward.

This is a reality that cannot be ignored when using averaging-down EAs.

---

What is an Averaging-Down EA?

An Averaging-Down EA is an EA that adds positions when a floating loss occurs,
to adjust the average acquisition price and aim for a market reversal.

At first glance, it may seem like a good strategy to recover losses, but

✅weak in one-sided trending markets
✅easy to fail if capital management is mismanaged
✅tends to have a large maximum drawdown

suchhigh-risk operationstend to be.

---

What happened in the Averaging-Down Tournament

In 2023, traders using Averaging-Down EAs gathered to host the “Averaging-Down Tournament”.

As a result,

?7 out of 10 participants collapsed!
?Some participants went dark…

As you can see from this result,
averaging-down EAs tend to be high-risk operations.

There is potential for quick huge profits, but
the correspondingrisk of collapse is extremely high in reality.

---

Watch out for “profit screenshots” flooding social media!

Recently on X (formerly Twitter), Instagram, TikTok,
you may see posts like
“I earned ○○万円 in one day!”such a “profit screenshot”

Most of these are,

?no backtest published or only very short period
?even if backtests exist, the “max drawdown > initial capital”
?inducing free EA distribution via LINE open chat

These are tactics aimed at

selling EAs with a “fee-based business” that runs rampant.

We do not say Averaging-Down EAs are inherently bad, but
you need to be cautious of theseopaque sales methods.

---

Tips for choosing a safe EA

“So, which EA can I safely operate?”

The answer is simple.

✅Purchase from a reputable sales site
✅Backtests and forward tests are published properly
✅Clear explanations of risk management and operation methods

For example, as a guide to a solid sales company,

✔Backtest published
✔Forward testing disclosed
✔Operational risk explained

suchtransparent EA sales are conducted.

Also,reliable EA developers explain the EA logic and risk management in detail,
so that users can operate after being satisfied.

If an EA is truly “proper,” there is no need for shady SNS marketing.

---

Summary

?7 out of 10 participants collapsed in the Averaging-Down Tournament!
?Averaging-Down EAs are weak in one-sided trend markets and carry high collapse risk
?Be cautious of social media “profit screenshots”! Many are Averaging-Down EAs
?When choosing an EA, purchase from a trustworthy sales site is best

Be cautious of products that try to spur your desire to earn big immediately.

Keep a calm, long-term perspective andprotect your assets!

See you again!

━━━━━━━━━━━━━━━━

【Flow from starting EA to intermediate level】First, mastering the installation of the EA is important.--------------------------------------------------------------------MT4 EA (Expert Advisor) and Indicator installation procedurehttps://www.gogojungle.co.jp/post/1/8212--------------------------------------------------------------------※ GoGoJungle Video Version ※Even at first, not everything can be understood at once, and some people will struggle endlessly.I also struggled many times at first, so don’t rush and you’ll be fine!If you don’t understand something, use the “Contact Form” to ask!----------------------------------■GoGoJungle “Contact Form”https://www.gogojungle.co.jp/inquiry----------------------------------【How to choose an EA】Now that you feel you can operate an EA,you might think, “I don’t know which EA is good… I don’t want to lose money…”So Reiwa no Double i- has“to an extent, you can assess by backtests”and has serialized the following articles.--------------------------------■ How to find profitable EA from backtestshttps://www.gogojungle.co.jp/finance/navi/series/1714----------------------------------Forward testing is important, butbacktesting supports it.Typically, the backtesting period is longer than the forward testing period, andwhether you happen to win in forward testing can be inferred to some extent by mastering backtest evaluation methods.【How should EA risk management be done!?】And no matter how excellent an EA seems,FX collapses if risk management is neglected.So for EA, how should risk management be implemented?This is answered in the following article.----------------------------------■ “EA Risk Management Calculation Method”https://www.gogojungle.co.jp/finance/navi/articles/64703----------------------------------【EA operation mindset also matters】And, to sustain EA operation for a long time, the “EA operation mindset” is also important.Those articles are----------------------------------12/30 ★ Year-end and New Year SP!! EA Fully Explained Course Part 3https://www.gogojungle.co.jp/finance/navi/articles/805518/12【Obon Holiday Special】Now you too can be an EA Master! “EA Operation Mindset”https://www.gogojungle.co.jp/finance/navi/articles/728298/17【Obon Holiday Special】Now you too can be an EA Master! “Attention during EA operation”https://www.gogojungle.co.jp/finance/navi/articles/73797----------------------------------With that said,the content is quite substantial and important,even if you cannot understand it immediately, please make sure to read it!━━━━━━━━━━━━━━━━【Reiwa no Double i- EA Listing】https://www.gogojungle.co.jp/users/112481/productsSpecifically, categorized EA by genre for Reiwa no Double i-https://www.gogojungle.co.jp/finance/navi/articles/67162(Genre diversification is essential for portfolio construction)━━━━━━━━━━━━━━━━【Reiwa no Double i- Series Articles】■ EA Beginner Coursehttps://www.gogojungle.co.jp/finance/navi/series/1700--------------------------------“About calculating EA risk management”https://www.gogojungle.co.jp/finance/navi/articles/64703Portfolio version: EA Risk Management Calculationhttps://www.gogojungle.co.jp/finance/navi/articles/65978Easy tips to spot bad products (in EA)https://www.gogojungle.co.jp/finance/navi/articles/64738Where to check first when you don’t understand something about EAhttps://www.gogojungle.co.jp/finance/navi/articles/65619--------------------------------■ How to find profitable EA from backtestshttps://www.gogojungle.co.jp/finance/navi/series/1714--------------------------------■ No sugarcoating! GoGoJungle raises the issue!https://www.gogojungle.co.jp/finance/navi/series/1701Where is GoGoJungle’s inquiry form?https://www.gogojungle.co.jp/finance/navi/articles/64723--------------------------------■Reiwa no Double i- “Push-buy, pull-sell logic” now revealed!!https://www.gogojungle.co.jp/finance/navi/articles/65010■ Double i- FX Talkhttps://www.gogojungle.co.jp/finance/navi/series/610━━━━━━━━━━━━━━━━【Reiwa no Double i- Belief】Develop EA with principled methods,to earn the trust of more people,and maintain a long-term WIN-WIN relationship while revitalizing the EA market and improving literacy.━━━━━━━━━━━━━━━━

First, mastering the installation of the EA is important.

--------------------------------------------------------------------

MT4 EA (Expert Advisor) and Indicator installation procedure

https://www.gogojungle.co.jp/post/1/8212

--------------------------------------------------------------------

※ GoGoJungle Video Version ※

Even at first, not everything can be understood at once, and some people will struggle endlessly.

I also struggled many times at first, so don’t rush and you’ll be fine!

If you don’t understand something, use the “Contact Form” to ask!

https://www.gogojungle.co.jp/inquiry

【How to choose an EA】Now that you feel you can operate an EA,you might think, “I don’t know which EA is good… I don’t want to lose money…”So Reiwa no Double i- has“to an extent, you can assess by backtests”and has serialized the following articles.--------------------------------■ How to find profitable EA from backtestshttps://www.gogojungle.co.jp/finance/navi/series/1714----------------------------------Forward testing is important, butbacktesting supports it.Typically, the backtesting period is longer than the forward testing period, andwhether you happen to win in forward testing can be inferred to some extent by mastering backtest evaluation methods.【How should EA risk management be done!?】And no matter how excellent an EA seems,FX collapses if risk management is neglected.So for EA, how should risk management be implemented?This is answered in the following article.----------------------------------■ “EA Risk Management Calculation Method”https://www.gogojungle.co.jp/finance/navi/articles/64703----------------------------------【EA operation mindset also matters】And, to sustain EA operation for a long time, the “EA operation mindset” is also important.Those articles are----------------------------------12/30 ★ Year-end and New Year SP!! EA Fully Explained Course Part 3https://www.gogojungle.co.jp/finance/navi/articles/805518/12【Obon Holiday Special】Now you too can be an EA Master! “EA Operation Mindset”https://www.gogojungle.co.jp/finance/navi/articles/728298/17【Obon Holiday Special】Now you too can be an EA Master! “Attention during EA operation”https://www.gogojungle.co.jp/finance/navi/articles/73797----------------------------------With that said,the content is quite substantial and important,even if you cannot understand it immediately, please make sure to read it!━━━━━━━━━━━━━━━━【Reiwa no Double i- EA Listing】https://www.gogojungle.co.jp/users/112481/productsSpecifically, categorized EA by genre for Reiwa no Double i-https://www.gogojungle.co.jp/finance/navi/articles/67162(Genre diversification is essential for portfolio construction)━━━━━━━━━━━━━━━━【Reiwa no Double i- Series Articles】■ EA Beginner Coursehttps://www.gogojungle.co.jp/finance/navi/series/1700--------------------------------“About calculating EA risk management”https://www.gogojungle.co.jp/finance/navi/articles/64703Portfolio version: EA Risk Management Calculationhttps://www.gogojungle.co.jp/finance/navi/articles/65978Easy tips to spot bad products (in EA)https://www.gogojungle.co.jp/finance/navi/articles/64738Where to check first when you don’t understand something about EAhttps://www.gogojungle.co.jp/finance/navi/articles/65619--------------------------------■ How to find profitable EA from backtestshttps://www.gogojungle.co.jp/finance/navi/series/1714--------------------------------■ No sugarcoating! GoGoJungle raises the issue!https://www.gogojungle.co.jp/finance/navi/series/1701Where is GoGoJungle’s inquiry form?https://www.gogojungle.co.jp/finance/navi/articles/64723--------------------------------■Reiwa no Double i- “Push-buy, pull-sell logic” now revealed!!https://www.gogojungle.co.jp/finance/navi/articles/65010■ Double i- FX Talkhttps://www.gogojungle.co.jp/finance/navi/series/610━━━━━━━━━━━━━━━━【Reiwa no Double i- Belief】Develop EA with principled methods,to earn the trust of more people,and maintain a long-term WIN-WIN relationship while revitalizing the EA market and improving literacy.━━━━━━━━━━━━━━━━

Now that you feel you can operate an EA,

you might think, “I don’t know which EA is good… I don’t want to lose money…”

So Reiwa no Double i- has

“to an extent, you can assess by backtests”

and has serialized the following articles.

--------------------------------

■ How to find profitable EA from backtests

https://www.gogojungle.co.jp/finance/navi/series/1714

----------------------------------

Forward testing is important, but

backtesting supports it.

Typically, the backtesting period is longer than the forward testing period, and

whether you happen to win in forward testing can be inferred to some extent by mastering backtest evaluation methods.

【How should EA risk management be done!?】

And no matter how excellent an EA seems,

FX collapses if risk management is neglected.

So for EA, how should risk management be implemented?This is answered in the following article.

----------------------------------

■ “EA Risk Management Calculation Method”

https://www.gogojungle.co.jp/finance/navi/articles/64703

【EA operation mindset also matters】

And, to sustain EA operation for a long time, the “EA operation mindset” is also important.

Those articles are

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! “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! “Attention during EA operation”

https://www.gogojungle.co.jp/finance/navi/articles/73797

----------------------------------

With that said,

the content is quite substantial and important,

even if you cannot understand it immediately, please make sure to read it!

━━━━━━━━━━━━━━━━

【Reiwa no Double i- EA Listing】

https://www.gogojungle.co.jp/users/112481/products

Specifically, categorized EA by genre for Reiwa no Double i-

https://www.gogojungle.co.jp/finance/navi/articles/67162

(Genre diversification is essential for portfolio construction)

━━━━━━━━━━━━━━━━

【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- Belief】

Develop EA with principled methods,

to earn the trust of more people,

and maintain a long-term WIN-WIN relationship while revitalizing the EA market and improving literacy.

━━━━━━━━━━━━━━━━