8/8★【EA Beginner Course】Explanation on Backtesting Method
FX Auto Trading, the EA developer Reiwa Double-E.
Starting this month, in the spirit of a genuine EA beginner course,
we will again explain things from the very basics.
“From now on, not only FX but also starting EA operation!”
We will deliver content for those who are seriously thinking about this.
【Explanation of Backtesting Methods】
Backtesting methods for MT4 EAs – A marketplace where trading techniques and tools from around the world gather - GogoJungle
It is very convenient if you can perform backtesting by yourself.
・Understanding the required funds and lot size becomes easier
・Easier analysis of aggregate results from multiple EAs and portfolio construction
・Easier to decide the allocation of lots for each EA
・You can see favorable or unfavorable periods
・You might understand what market conditions it seems strong in (or weak in)
In this way,
your own operating policy may become more clearly defined.
I hope you will find these references helpful!
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【Flow from Starting an EA to Intermediate Level】
First, mastering the installation of an EA is essential.
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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 first, not everything can be understood at once, and some people will surely stumble.
I also stumbled many times at the beginning, so don’t rush—you’ll be fine!
If you have questions, there's a “Contact form” you can use!
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https://www.gogojungle.co.jp/inquiry
【How to Choose an EA】
Now that you’re ready to operate an EA,
you might think, “I don’t know which EA is likely to win… I don’t want to lose…”
Therefore, Reiwa no Dawrui (Reiwa Double-E) has published a series of articles to help
understand to some extent through “backtesting.”
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https://www.gogojungle.co.jp/finance/navi/series/1714
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Forward testing is important, but
backtesting supports it.
Backtest period is usually longer than forward period, and
whether you happened to win in forward testing can be estimated to some extent by mastering backtest evaluation methods.
【How to Manage EA Risks!?】
And no matter how excellent an EA you obtain,
FX will fail if risk management is neglected.
Therefore, for EAs how should risk be managed!?
The following articles answer that.
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■ About “How to Calculate EA Risk Management”
https://www.gogojungle.co.jp/finance/navi/articles/64703
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【EA Operation Mindset Is Also Important】
And, to continue EA operation for a long time, the “EA operation mindset” is also important.
For those articles,
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12/30 End-of-Year Special!! EA Full Explanation Course Part 3
https://www.gogojungle.co.jp/finance/navi/articles/80551
8/12 [Obon Holiday Special!] Now you too can become 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 become an EA Master! “Notes During EA Operation”
https://www.gogojungle.co.jp/finance/navi/articles/73797
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So,
the reading experience is substantial and quite important,
even if you don’t understand everything right away, please make sure to review it!
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【Reiwa no Dawrui-E EA Listing】
https://www.gogojungle.co.jp/users/112481/products
Specifically, categorized EA by genre for Reiwa no Dawrui-E
https://www.gogojungle.co.jp/finance/navi/articles/67162
(Genre diversification is essential when building a portfolio)
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【Series Articles of Reiwa no Dawrui-E】
■ EA Beginner Course
https://www.gogojungle.co.jp/finance/navi/series/1700
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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 Winning EAs from Backtests
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 Dawrui-E’s Philosophy】
