Don't be fooled anymore! A complete guide to choosing a high-quality expert advisor (automated trading tool)
EA currently listed by BASARA here
https://www.gogojungle.co.jp/
Never be fooled again! A complete guide to choosing a superior EA (Expert Advisor)
Hello. This time we will thoroughly explain “how to choose a truly profitable EA.”
FX automated trading tools, commonly called “EAs,” can be a powerful asset management tool depending on how they are used. However, there are many fraudulent EAs that show good backtest results but perform terribly when used live.
So how can you identify an “actually usable EA”?
In this article, we will explain for beginners the features of EA to look for, dangerous points to detect, and the metrics to check.
■ 1. Don’t be fooled by backtests! First, check real trading history
✅ Points to look at：
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Is there a real account trading history?
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Is there a track record of at least 6 months?
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Are you using trusted tracking services like Myfxbook or FxBlue?
Backtests can easily be manipulated to show favorable results. Especially for martingale/grid EAs, many show results that are simply tailored to past market conditions.
An EA that maintains a long-term drawdown while profiting is the one you can trust.
■ 2. Beware of martingale/grid betting! Check the transparency of the trading logic
✅ Points to look at：
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Is the logic a “single position” or a “grid/martingale” approach?
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Is there a limit on the maximum number of positions?
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If martingale or grid is used, is the risk explained?
At first glance, martingale-type EAs have high win rates and large profits. However, that is profit in exchange for “eventual collapse.”
A good EA minimizes risk and has clear rules. A key criterion is whether there is a design philosophy focused on protecting capital rather than maximizing profits.
■ 3. Check the “maximum drawdown”! EAs with losses exceeding expectations are dangerous
✅ Points to look at：
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Is the maximum drawdown within 20%?
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How frequent are drawdowns?
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Are loss-cutting rules clearly defined?
No matter how high the win rate is, losing half of your funds in one drawdown defeats the purpose.
Excellent EAs are designed to “not lose much” rather than to “win big,” with strict risk management.
■ 4. Do not promote extreme high-leverage trading!
✅ Points to look at：
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Are there exaggerated ads like “100x in one month from 100,000 yen”?
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Are the recommended lots unreasonably high?
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Are the methods for handling losses (e.g., reducing lot size, pausing operation) clearly stated?
The combination of high leverage with martingale EAs can yield explosive profits in the short term, but tends to fail in the long run.
A superior EA almost always providescapital management as part of the packageas standard.
■ 5. Doubt the language on the sales page! Beware of exaggerated claims and vague performance
✅ Examples of suspicious wording：
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“Win rate 99.9%!”
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“No losses in the past 20 years!”
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“10x your funds in one day!”
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“If you stop at indicators, you won’t go bankrupt!”
If an EA is filled with such statements, treat it with suspicion.
Past results do not guarantee future performance—this is investment common sense. Be wary of EAs that dodge risk explanations and merely promise dreams.
■ 6. Is it evaluated? Check third-party reviews and forum opinions
✅ How to verify：
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Look up reviews on GogoJungle, MyfxOOO, みんかO, TwOOOOO, etc.
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Do actual buyers mention “past loss experiences” or “long-term results”?
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Are there many reports of operation stoppages?
No matter how much a seller says it’s “excellent,” that is subjective.Third-party evaluations and reviews are the reliable evidenceyou should rely on.
■ 7. Is there support and an operation guide?
✅ Check items：
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Are recommended settings, timeframes, and currency pairs clearly described?
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Is there a Q&A for common troubles?
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Is there a contact channel (LINE or email) to consult?
A great EA comes with a guide to help you use it effectively even after purchase.
A seller who is available to answer questions during use is trustworthy.
■ Summary: An excellent EA is one that can be used safely for a long time
Finally, here is a summary of the characteristics of an excellent EA.
| Item | Characteristics of an excellent EA |
|---|---|
| Real trading history | Stable record for 6 months or more |
| Logic | Does not rely on martingale; focuses on single positions |
| Drawdown | Ideal max DD below 20% |
| Lot management | Reasonable recommended settings, clear capital management rules |
| Sales messaging | No exaggerated expressions; risk explanations are clear |
| Reviews | Third-party favorable evaluations |
| Support | Implementation guide, Q&A, and support system |
EA is not a “magic tool.”
However, if chosen and used correctly, it can function as a partner for long-term asset formation.
Take your time, assess the information, and choose a truly reliable EA.
EA currently listed by BASARA here