8/13★【Obon Holiday Project!】【Thorough EA Selection】

FX automated trading, the Double I-E of Reiwa is.

From 8/11 for ten days,
【Bon festival holiday project!】,

we hope we can be of help toward better EA operation!

【Choosing EA Thoroughly】

Choosing EAs thoroughly is very important.

This does not mean you should choose just because the forward test looks good.

It might match market conditions by chance and perform well,

and later, when market conditions change, you may face a large drawdown.

How can you determine that at that time?

The key lies in “backtesting.”

Backtesting is a historical validation and only a rough guide, but

the backtest period is often longer than the forward period,

within that backtest period, not only various market environments but

all important economic indicators, statements by key figures, Bank of Japan interventions, shock markets,

and many price movements, developers publish EAs that rise in value on the right track.

From that,

the method to evaluate backtests is important.

Below, we list how to assess EA quality through backtests.

Please read.

━━━━━━━━━━━━━━━━

【Flow from starting an EA to intermediate level】

First, it is important to “master installing EAs.”

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

MT4 EA (Expert Advisor) and indicator installation procedures

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

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

※GoGoJungle video version※

Even at first, not everything can be understood at once, and many may stumble.

I also stumbled many times in the beginning, so don’t rush—you’ll be okay!

If you have questions, there is a “Contact Us” form, so please use it!

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

“Contact Us Form”

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

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

【How to choose EA】

Well then, when you’re ready to operate an EA,

you may think, “I can’t identify a winner EA… I don’t want to lose…”.

So, Reiwa’s Double E has published articles to help you judge to some extent via

“backtests.”

Read the following articles.

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

■How to find a winning EA from backtests

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

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

Forward testing is important,

but backtest backing is what supports it.

Backtest period is often longer than forward period,

whether the forward is just luck or not,

by mastering backtest evaluation methods, you can estimate to some extent.

【How should EA risk management be done?!】

And no matter how excellent an EA seems,

FX collapses if you neglect risk management.

Therefore, for EA, how to manage risk!?

The article answering this is below.

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

■About calculating EA risk management

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

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

【EA operation mindset is also important】

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

For those articles,

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

12/30★ Year-end and New Year SP!! EA Full Explanation Course Part 3

https://www.gogojungle.co.jp/finance/navi/articles/80551

8/12【Bon festival 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【Bon festival holiday special!】 Now you too can become an EA master! “Notes during EA operation”

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

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

That said,

the material is quite substantial and important,

so even if you don’t understand immediately, please make sure to review it!

━━━━━━━━━━━━━━━━

【Reiwa’s Double I-E EA Listing】

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

Specifically, Reiwa’s Double I-E EA categorized by genre

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

(Portfolio construction requires genre diversification)

━━━━━━━━━━━━━━━━

【Reiwa’s Double I-E Series Articles】

■EA Beginner Course

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 winning EA from backtesting 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 Philosophy】

Develop EA with proper methods,

and serve more people with loyalty,

maintain a long-term WIN-WIN relationship,

and aim to revitalize the FX market and improve literacy.

━━━━━━━━━━━━━━━━

﻿【Choosing EA Thoroughly】

﻿

Choosing EAs thoroughly is very important.

This does not mean you should choose just because the forward test looks good.

It might match market conditions by chance and perform well,

and later, when market conditions change, you may face a large drawdown.

How can you determine that at that time?

The key lies in “backtesting.”

Backtesting is a historical validation and only a rough guide, but

the backtest period is often longer than the forward period,

within that backtest period, not only various market environments but

all important economic indicators, statements by key figures, Bank of Japan interventions, shock markets,

and many price movements, developers publish EAs that rise in value on the right track.

From that,

the method to evaluate backtests is important.

Below, we list how to assess EA quality through backtests.

Please read.

【Choosing EA Thoroughly】