7/24 Sometimes I borrow the power of ChatGPT, its 134
FX Auto Trading, the EA developer of Reiwa’s Double-I.
This serialized post you’ve been writing since last year aiming for a daily update.
I think it has probably continued for almost a year now!
If you read what I’ve written so far,you’ll surely come closer to better EA operation, I assure you.And, since I’d like to take a short break,I’ll continue posting with the help of ChatGPT’s power.Occasionally, I will post irregularly as I have done before.【Do EAs have a lifespan?】Learning from a broken exhaust fan: the essence of a useless EAFX auto trading, the EA developer of Reiwa’s Double-I is here.This time I’d like to discuss something important about EAs from a somewhat unusual angle.The exhaust fan broke.One day, at home, the exhaust fan suddenly stopped working.“It’s completely silent and unresponsive,”“Maybe it will run if I change the airflow…?”“Maybe it will run at certain times…?”No amount of make-shift tinkering would help at all, it is absolutely meaningless.Something that’s broken cannot be used.This is exactly the same for EAs.A broken EA cannot earn money no matter whatSometimes you hear things like, “this EA wins more at night” or “this currency pair might work,” butif the fundamental logic isn’t functioning, nothing you do will help.Even if you change how you use it, settings, or parameters, an unusable EA remains unusable.It’s like tapping the switch in front of a broken fan; you keep pressing it, but it won’t start.If something won’t move, it won’t move, after all.What is the “repair” of the fan in terms of EA?By the way, a repairman came to fix my fan and replace a part.In terms of EA, this would be the replacement of the technical indicators you are using or a partial modification of the logic.But here’s the important part: a fan can be fixed by replacing the same part, but EA isn’t that simple.Changing parameters or making slight adjustments won’t help if the fundamental “main logic” no longer applies; that may be EA’s “lifespan.”The concept that EAs have a “lifespan”This is a conversation with a system trader developer.“When I judge that the main logic of the EA no longer applies, I consider that the EA’s lifespan has ended.”The main logic refers to,which chart patternsat what timingwhat kind of tradesthese are the rules that form the EA’s “core.”If they no longer fit the current market,changing technicals or parameters won’t help.Embracing the end of an EA gracefully is an important decision for both developers and users.Conclusion: EAs and fans both require a decision to part gracefully when brokenEAs are not “eternal magical tools.”When the market environment changes, they may stop functioning.In such times, it’s important to have the ability to detach without clinging on forever, a lesson learned from a fan’s failure this time.I hope this informs your EA trading practices!Good luck!━━━━━━━━━━━━━━━━【From starting EA to intermediate steps: flow summary】First, it’s crucial to “master installing EAs.”--------------------------------------------------------------------MT4 EA (Expert Advisors) and Indicator Installation Procedurehttps://www.gogojungle.co.jp/post/1/8212--------------------------------------------------------------------※GoGoJungle video version※Even at the start, not everything can be understood at once, and many people will stumble.I also stumbled many times at first, so don’t rush—you’ll be fine!If you have questions, there is a “Contact Form” you can use!----------------------------------■GoGoJungle “Contact Form”https://www.gogojungle.co.jp/inquiry----------------------------------【How to choose an EA】So, when you feel you can manage an EA operation,you might worry, “I don’t know which winning EA to pick… I don’t want to lose…”Therefore, Reiwa’s Double-I has published articles so you can judge some pros and cons via“backtests.”The following articles were serialized for that purpose.--------------------------------■ How to find a winning EA from backtestshttps://www.gogojungle.co.jp/finance/navi/series/1714----------------------------------Forward testing is important, butbacktesting underpins it.The backtest period is usually longer than the forward period, andwhether you happen to win in forward testing can be estimated by mastering backtest evaluation methods.【How should I manage EA risk?!】And no matter how excellent an EA seems,FX collapses if risk management is neglected.Therefore, for EAs how to manage risk?The article answering this is below.----------------------------------■ “How to calculate EA risk management”https://www.gogojungle.co.jp/finance/navi/articles/64703----------------------------------【EA operation mindset is also important】And, for long-term EA operation, the “EA operation mindset” is also important.For those articles,----------------------------------12/30★ Year-end/New Year SP!! EA Full Explanation Course Part 3https://www.gogojungle.co.jp/finance/navi/articles/805518/12【Obon Holiday Special!】 Now you’re an EA Master! “Mindset for Improving EA Operation”https://www.gogojungle.co.jp/finance/navi/articles/728298/17【Obon Holiday Special!】 Now you’re an EA Master! “Notes during EA operation”https://www.gogojungle.co.jp/finance/navi/articles/73797----------------------------------That said,the content is substantial and quite important, soeven if you can’t understand it right away, please make sure to read it!━━━━━━━━━━━━━━━━【Reiwa’s Double-I EA Listing】https://www.gogojungle.co.jp/users/112481/productsSpecifically categorized Reiwa’s Double-I EAshttps://www.gogojungle.co.jp/finance/navi/articles/67162(Diversification by genre is essential when building a portfolio)━━━━━━━━━━━━━━━━【Reiwa’s Double-I Serialized Articles】■EA Beginner’s Coursehttps://www.gogojungle.co.jp/finance/navi/series/1700--------------------------------“About calculating EA risk management”https://www.gogojungle.co.jp/finance/navi/articles/64703Portfolio version: About calculating EA risk managementhttps://www.gogojungle.co.jp/finance/navi/articles/65978Easy tips to spot scam products (in the case of EAs)https://www.gogojungle.co.jp/finance/navi/articles/64738Where to check first if you don’t understand something about EAshttps://www.gogojungle.co.jp/finance/navi/articles/65619--------------------------------■ How to find a winning EA from backtestshttps://www.gogojungle.co.jp/finance/navi/series/1714--------------------------------■ No speculation! GogoJungle raises issues!https://www.gogojungle.co.jp/finance/navi/series/1701Where is GoGoJungle’s inquiry form?https://www.gogojungle.co.jp/finance/navi/articles/64723--------------------------------【Reiwa’s Double-I: “Push Buy/Pullback Sell” logic now released!!】https://www.gogojungle.co.jp/finance/navi/articles/65010■ Double-I: FX light casual talkhttps://www.gogojungle.co.jp/finance/navi/series/610━━━━━━━━━━━━━━━━【Reiwa’s Double-I’s Beliefs】Develop EAs in a proper manner,seek the support of more people,maintain a long-lasting WIN-WIN relationship,aim to revitalize the EA market and raise literacy.━━━━━━━━━━━━━━━━
you’ll surely come closer to better EA operation, I assure you.
And, since I’d like to take a short break,
I’ll continue posting with the help of ChatGPT’s power.
Occasionally, I will post irregularly as I have done before.
【Do EAs have a lifespan?】
Learning from a broken exhaust fan: the essence of a useless EA
FX auto trading, the EA developer of Reiwa’s Double-I is here.
This time I’d like to discuss something important about EAs from a somewhat unusual angle.
The exhaust fan broke.
One day, at home, the exhaust fan suddenly stopped working.
“It’s completely silent and unresponsive,”
“Maybe it will run if I change the airflow…?”
“Maybe it will run at certain times…?”
No amount of make-shift tinkering would help at all, it is absolutely meaningless.
Something that’s broken cannot be used.
This is exactly the same for EAs.
A broken EA cannot earn money no matter what
Sometimes you hear things like, “this EA wins more at night” or “this currency pair might work,” but
if the fundamental logic isn’t functioning, nothing you do will help.
Even if you change how you use it, settings, or parameters, an unusable EA remains unusable.
It’s like tapping the switch in front of a broken fan; you keep pressing it, but it won’t start.
If something won’t move, it won’t move, after all.
What is the “repair” of the fan in terms of EA?
By the way, a repairman came to fix my fan and replace a part.
In terms of EA, this would be the replacement of the technical indicators you are using or a partial modification of the logic.
But here’s the important part: a fan can be fixed by replacing the same part, but EA isn’t that simple.
Changing parameters or making slight adjustments won’t help if the fundamental “main logic” no longer applies; that may be EA’s “lifespan.”
The concept that EAs have a “lifespan”
This is a conversation with a system trader developer.
“When I judge that the main logic of the EA no longer applies, I consider that the EA’s lifespan has ended.”
The main logic refers to,
-
which chart patterns
-
at what timing
-
what kind of trades
these are the rules that form the EA’s “core.”
If they no longer fit the current market,
changing technicals or parameters won’t help.
Embracing the end of an EA gracefully is an important decision for both developers and users.
Conclusion: EAs and fans both require a decision to part gracefully when broken
EAs are not “eternal magical tools.”
When the market environment changes, they may stop functioning.
In such times, it’s important to have the ability to detach without clinging on forever, a lesson learned from a fan’s failure this time.
I hope this informs your EA trading practices!
Good luck!
━━━━━━━━━━━━━━━━
【From starting EA to intermediate steps: flow summary】
First, it’s crucial to “master installing EAs.”
--------------------------------------------------------------------
MT4 EA (Expert Advisors) and Indicator Installation Procedure
https://www.gogojungle.co.jp/post/1/8212
--------------------------------------------------------------------
※GoGoJungle video version※
Even at the start, not everything can be understood at once, and many people will stumble.
I also stumbled many times at first, so don’t rush—you’ll be fine!
If you have questions, there is a “Contact Form” you can use!
----------------------------------
https://www.gogojungle.co.jp/inquiry
【How to choose an EA】
So, when you feel you can manage an EA operation,
you might worry, “I don’t know which winning EA to pick… I don’t want to lose…”
Therefore, Reiwa’s Double-I has published articles so you can judge some pros and cons via
“backtests.”
The following articles were serialized for that purpose.
--------------------------------
■ How to find a winning EA from backtests
https://www.gogojungle.co.jp/finance/navi/series/1714
----------------------------------
backtesting underpins it.
The backtest period is usually longer than the forward period, and
whether you happen to win in forward testing can be estimated by mastering backtest evaluation methods.
【How should I manage EA risk?!】
And no matter how excellent an EA seems,
FX collapses if risk management is neglected.
Therefore, for EAs how to manage risk?
The article answering this is below.
----------------------------------
■ “How to calculate EA risk management”
https://www.gogojungle.co.jp/finance/navi/articles/64703
----------------------------------
【EA operation mindset is also important】
And, for long-term EA operation, the “EA operation mindset” is also important.
For those articles,
12/30★ Year-end/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’re an EA Master! “Mindset for Improving EA Operation”
https://www.gogojungle.co.jp/finance/navi/articles/72829
8/17【Obon Holiday Special!】 Now you’re an EA Master! “Notes during EA operation”
https://www.gogojungle.co.jp/finance/navi/articles/73797
----------------------------------
That said,
the content is substantial and quite important, so
even if you can’t understand it right away, please make sure to read it!
━━━━━━━━━━━━━━━━
【Reiwa’s Double-I EA Listing】
https://www.gogojungle.co.jp/users/112481/products
Specifically categorized Reiwa’s Double-I EAs
https://www.gogojungle.co.jp/finance/navi/articles/67162
(Diversification by genre is essential when building a portfolio)
━━━━━━━━━━━━━━━━
【Reiwa’s Double-I Serialized 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
■ How to find a winning EA from backtestshttps://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
【Reiwa’s Double-I: “Push Buy/Pullback Sell” logic now released!!】https://www.gogojungle.co.jp/finance/navi/articles/65010
━━━━━━━━━━━━━━━━
【Reiwa’s Double-I’s Beliefs】
Develop EAs in a proper manner,
seek the support of more people,
maintain a long-lasting WIN-WIN relationship,
aim to revitalize the EA market and raise literacy.
━━━━━━━━━━━━━━━━