7/23★Sometimes I borrow the power of ChatGPT, number 133
FX Auto Trading, the EA developer Reiwa’s Double-i-E.
This series has been written with the aim of posting every day since last year.
I think I’ve been able to continue for almost a year now!
If you read what I’ve written so far,
I’m confident you’ll be closer to better EA operation.
And, since I want to take a short break,
I’d like to continue posting by leveraging the power of ChatGPT here.
From time to time, I will post intermittently as before.
【FX Auto Trading】 Reasons why currently successful EAs may not stay successful forever
~ The green light isn’t always green forever ~
FX auto trading, this is Reiwa’s Double-i-E, the EA developer.
This time, “the important perspective that a currently performing EA may not remain strong in the future” will be discussed.
This is a topic I’ve talked about at online seminars,
but this time I’ll use more everyday examples to explain clearly.
Are there times when the green light remains green?
For example, if you’re driving a car,
and the signal in front of you isa green light, what do you do?
You think, “Okay, go ahead!” right?
But that green signal,it doesn’t stay green forever, does it?
Normally, it will change to yellow, then red, and eventually you must stop at a certain timing.
This “signal change” also applies directly to EA operation.
EA performance changes when market conditions change
EA is basically a trading tool that runs with a fixed logic (strategy).
If that logic fits the current market environment, its performance will naturally be good.
It’s like smoothly proceeding the way a green light allows.
However, market conditions are not always the same.
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A market that was trending becomes a range-bound market
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Interest rate policies or economic indicators change the market direction
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Volatility suddenly changes
When these changes occur, the EA logic that used to work no longer applies.
In other words, the signal changes from blue to yellow to red.
Are you ready to stop?
In driving, when the signal turns yellow, you can slow down with the sense, “I should stop soon.”
In EA operation, the same applies,
with the mindset of,
“things are good now, but a downturn may come someday.”
Conversely,
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If you’re winning now, you might increase your lot size
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Or you might start to believe you will win forever
With that kind of thinking, when the signal turns red you may slam on the brakes and crash.
Summary: EA operation requires awareness that signals change
The most important thing in EA operation is the awareness to prepare for ever-changing markets.
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Even if things are good now, downturns may come
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That’s why risk management and a diversified portfolio are important
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And selecting EAs with downturn considerations in mind
If you engage with EA with this “awareness that signals change”
I’m confident you’ll approach long-term stable operation.
Well then, see you in the next update!
This was Reiwa’s Double-i-E.
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【Flow from starting EA to intermediate level】
First, mastering how to install the EA is essential.
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MT4 EA (Expert Advisor) and Indicator installation procedure
https://www.gogojungle.co.jp/post/1/8212
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※ゴゴジャン video version ※
Even at first you won’t understand everything at once, and some people 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”!
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 will win… I don’t want to lose…”
Therefore, Reiwa’s Double-i-E began a series of articles to help determine this through
the following articles.
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https://www.gogojungle.co.jp/finance/navi/series/1714
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【EA risk management, what should be done?!】
And even if you obtain an excellent EA,
FX will collapse if you neglect risk management.
Therefore in the EA context “How should risk management be done?”
The article answering this is below.
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■ About calculating EA risk management
https://www.gogojungle.co.jp/finance/navi/articles/64703
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【EA operation mindset is also important】
And, to sustain EA operation long-term, the “EA operation mindset” is also important.
These articles are here,
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12/30★ Year-end and New Year SP!! EA full-coverage course Part 3
https://www.gogojungle.co.jp/finance/navi/articles/80551
8/12 [Obon holiday special]! Now you can master EA! “Mindset for improving EA operation”
https://www.gogojungle.co.jp/finance/navi/articles/72829
8/17 [Obon holiday special]! Now you can master EA! “Notes during EA operation”
https://www.gogojungle.co.jp/finance/navi/articles/73797
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That said,
the content is quite substantial and important,
so even if you can’t understand it right away, be sure to read it!
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【Reiwa’s Double-i-E EA Listing】
https://www.gogojungle.co.jp/users/112481/products
Specifically categorized EA by genre for Reiwa’s Double-i-E
https://www.gogojungle.co.jp/finance/navi/articles/67162
(Portfolio construction requires genre diversification)
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【Reiwa’s Double-i-E Series Articles】
https://www.gogojungle.co.jp/finance/navi/series/1700
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“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-i-E’s Beliefs】
Develop EA through solid methods,
gain the trust of more people,
and maintain a long-term WIN-WIN relationship,
aiming to revitalize the EA market and raise literacy.
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