9/15★ Occasionally I’ll borrow ChatGPT’s power. Its 155【What is a scalping EA?】

FX Automated Trading, the Reiwa Double-Eye is.

This series has continued with daily posts since last year.

It has probably continued for about a year and a half now!

If you read what I’ve written so far,

you’ll surely come closer to better EA operation, I’m confident.

Also, since I’d like to take a short break,

I’d like to continue posting by borrowing the power of ChatGPT.

Occasionally, I will post irregularly, as in the past.

【What is a Scalping EA?】

This time we will explain “Scalping EA.”

Features of Scalping EA

A Scalping EA is an EA that aims for profit by accumulating small price movements with a win rate around 70%.

It operates mostly on relatively short-term timeframes (1 minute to 15 minutes) and engages in a lot of trades in a short period.

In many cases, the logic is

to follow the long-term trend direction on higher timeframes

while entering and exiting on shorter timeframes with counter-trend trades

embodying the idea of “buying dips and selling Rallies.”

There is also a well-known category called “Asa Scalping” focused on the morning hours in Japan.

This type primarily uses counter-trend trading, showing the diversity of EAs.

Furthermore, there are types that enter at the moment when a high or low is broken.

What happens when you actually run it?

Most scalping EAs trade on counter-trend, so they tend to hold drawdowns longer.

Therefore, stop losses (SL) are often set deeper,leading to the so-called “high risk, small profit, steady income” pattern.Small profits (a few pips) accumulateOccasionally large losses occurHowever, with a win rate around 70%, aim to end overall profitableThese are the characteristics of scalping EAs.SummaryScalping EAs earn by a style of “high win rate, accumulation of small profits.”They carry drawdown for longer, with the traits of high risk and small gainsOccasionally there are large losses, but with a win rate around 70%, aim for overall profitFor FX beginners, trying out this genre might be a good way to experience the fun of “steady profits piling up.”Scalping EA product page https://www.gogojungle.co.jp/systemtrade/fx/28463━━━━━━━━━━━━━━━【Flow from start of EA to intermediate level】First, it’s important to master “installing an EA.”--------------------------------------------------------------------MT4 EA (Expert Advisor) and Indicator installation procedures https://www.gogojungle.co.jp/post/1/8212--------------------------------------------------------------------※ Gogojungle video version ※At first, you won’t understand everything at once, and some people will surely stumble.I also stumbled many times at the beginning, so don’t rush—take it slow!If there’s something you don’t understand, use the “Inquiry Form”!----------------------------------■ Gogojungle “Inquiry Form”https://www.gogojungle.co.jp/inquiry----------------------------------【How to choose an EA】Now that you think you can operate an EA,you might wonder, “Which EA looks promising… I don’t want to lose money….”So, Reiwa no Double-Eye has published articles that help you judge with backtests to some extent,the following series.--------------------------------■ How to find a winning EA from backtests https://www.gogojungle.co.jp/finance/navi/series/1714----------------------------------Forward testing is important, butbacktesting underpins it.Backtest durations are usually longer than forward periods,whether you can tell if you happened to win in forward is something you can gauge once you master backtest evaluation.【EA risk management, how to handle?!】And no matter how excellent an EA is,FX will collapse if you neglect risk management.Therefore with EAs, how to manage risk?This is answered in the following articles.----------------------------------■ “How to calculate EA risk management”https://www.gogojungle.co.jp/finance/navi/articles/64703----------------------------------【EA operation mindset is also important】And, to sustain EA operation for a long time, the “EA operation mindset” is also important.These articles are,----------------------------------12/30★ Year-end and New Year SP!! EA Comprehensive Course Part 3 https://www.gogojungle.co.jp/finance/navi/articles/805518/12【Golden Week Special】 Now you too can be an EA Master! “Mindset for Improving EA Operation”https://www.gogojungle.co.jp/finance/navi/articles/728298/17【Summer Holiday Special】 Now you too can be an EA Master! “Notes During EA Operation”https://www.gogojungle.co.jp/finance/navi/articles/73797----------------------------------That said,this content is quite substantial and important,so even if you can’t understand it right away, please make sure to go through it!━━━━━━━━━━━━━━━【Reiwa no Double-Eye EA Listing】https://www.gogojungle.co.jp/users/112481/productsSpecifically, categorized EA by genre for Reiwa no Double-Eye https://www.gogojungle.co.jp/finance/navi/articles/67162(Diversification by genre is essential when building a portfolio)━━━━━━━━━━━━━━━【Series articles of Reiwa no Double-Eye】■ EA Beginner Course https://www.gogojungle.co.jp/finance/navi/series/1700--------------------------------“About calculating EA risk management”https://www.gogojungle.co.jp/finance/navi/articles/64703Portfolio version: EA risk management calculation https://www.gogojungle.co.jp/finance/navi/articles/65978Easy tips to distinguish fraudulent products (in the case of EAs)https://www.gogojungle.co.jp/finance/navi/articles/64738Where to check first when you don’t understand something about an EA https://www.gogojungle.co.jp/finance/navi/articles/65619--------------------------------■ How to find a winning EA from backtests https://www.gogojungle.co.jp/finance/navi/series/1714--------------------------------■ No sugarcoating! 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 no Double-Eye: “Push-buy and pull-back sell” logic is now公開!!https://www.gogojungle.co.jp/finance/navi/articles/65010■ Double-Eye FX Yomo stories https://www.gogojungle.co.jp/finance/navi/series/610━━━━━━━━━━━━━━━【Reiwa no Double-Eye’s Beliefs】Develop EA with integrity,and gain trust from more people,to maintain a long-lasting WIN-WIN relationship,aim to activate the EA market and improve literacy.━━━━━━━━━━━━━━━

leading to the so-called “high risk, small profit, steady income” pattern.

Small profits (a few pips) accumulate

Occasionally large losses occur

However, with a win rate around 70%, aim to end overall profitable

These are the characteristics of scalping EAs.

Summary

Scalping EAs earn by a style of “high win rate, accumulation of small profits.”

They carry drawdown for longer, with the traits of high risk and small gainsOccasionally there are large losses, but with a win rate around 70%, aim for overall profitFor FX beginners, trying out this genre might be a good way to experience the fun of “steady profits piling up.”Scalping EA product page https://www.gogojungle.co.jp/systemtrade/fx/28463━━━━━━━━━━━━━━━【Flow from start of EA to intermediate level】First, it’s important to master “installing an EA.”--------------------------------------------------------------------MT4 EA (Expert Advisor) and Indicator installation procedures https://www.gogojungle.co.jp/post/1/8212--------------------------------------------------------------------※ Gogojungle video version ※At first, you won’t understand everything at once, and some people will surely stumble.I also stumbled many times at the beginning, so don’t rush—take it slow!If there’s something you don’t understand, use the “Inquiry Form”!----------------------------------■ Gogojungle “Inquiry Form”https://www.gogojungle.co.jp/inquiry----------------------------------【How to choose an EA】Now that you think you can operate an EA,you might wonder, “Which EA looks promising… I don’t want to lose money….”So, Reiwa no Double-Eye has published articles that help you judge with backtests to some extent,the following series.--------------------------------■ How to find a winning EA from backtests https://www.gogojungle.co.jp/finance/navi/series/1714----------------------------------Forward testing is important, butbacktesting underpins it.Backtest durations are usually longer than forward periods,whether you can tell if you happened to win in forward is something you can gauge once you master backtest evaluation.【EA risk management, how to handle?!】And no matter how excellent an EA is,FX will collapse if you neglect risk management.Therefore with EAs, how to manage risk?This is answered in the following articles.----------------------------------■ “How to calculate EA risk management”https://www.gogojungle.co.jp/finance/navi/articles/64703----------------------------------【EA operation mindset is also important】And, to sustain EA operation for a long time, the “EA operation mindset” is also important.These articles are,----------------------------------12/30★ Year-end and New Year SP!! EA Comprehensive Course Part 3 https://www.gogojungle.co.jp/finance/navi/articles/805518/12【Golden Week Special】 Now you too can be an EA Master! “Mindset for Improving EA Operation”https://www.gogojungle.co.jp/finance/navi/articles/728298/17【Summer Holiday Special】 Now you too can be an EA Master! “Notes During EA Operation”https://www.gogojungle.co.jp/finance/navi/articles/73797----------------------------------That said,this content is quite substantial and important,so even if you can’t understand it right away, please make sure to go through it!━━━━━━━━━━━━━━━【Reiwa no Double-Eye EA Listing】https://www.gogojungle.co.jp/users/112481/productsSpecifically, categorized EA by genre for Reiwa no Double-Eye https://www.gogojungle.co.jp/finance/navi/articles/67162(Diversification by genre is essential when building a portfolio)━━━━━━━━━━━━━━━【Series articles of Reiwa no Double-Eye】■ EA Beginner Course https://www.gogojungle.co.jp/finance/navi/series/1700--------------------------------“About calculating EA risk management”https://www.gogojungle.co.jp/finance/navi/articles/64703Portfolio version: EA risk management calculation https://www.gogojungle.co.jp/finance/navi/articles/65978Easy tips to distinguish fraudulent products (in the case of EAs)https://www.gogojungle.co.jp/finance/navi/articles/64738Where to check first when you don’t understand something about an EA https://www.gogojungle.co.jp/finance/navi/articles/65619--------------------------------■ How to find a winning EA from backtests https://www.gogojungle.co.jp/finance/navi/series/1714--------------------------------■ No sugarcoating! 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 no Double-Eye: “Push-buy and pull-back sell” logic is now公開!!https://www.gogojungle.co.jp/finance/navi/articles/65010■ Double-Eye FX Yomo stories https://www.gogojungle.co.jp/finance/navi/series/610━━━━━━━━━━━━━━━【Reiwa no Double-Eye’s Beliefs】Develop EA with integrity,and gain trust from more people,to maintain a long-lasting WIN-WIN relationship,aim to activate the EA market and improve literacy.━━━━━━━━━━━━━━━

Occasionally there are large losses, but with a win rate around 70%, aim for overall profitFor FX beginners, trying out this genre might be a good way to experience the fun of “steady profits piling up.”Scalping EA product page https://www.gogojungle.co.jp/systemtrade/fx/28463━━━━━━━━━━━━━━━【Flow from start of EA to intermediate level】First, it’s important to master “installing an EA.”--------------------------------------------------------------------MT4 EA (Expert Advisor) and Indicator installation procedures https://www.gogojungle.co.jp/post/1/8212--------------------------------------------------------------------※ Gogojungle video version ※At first, you won’t understand everything at once, and some people will surely stumble.I also stumbled many times at the beginning, so don’t rush—take it slow!If there’s something you don’t understand, use the “Inquiry Form”!----------------------------------■ Gogojungle “Inquiry Form”https://www.gogojungle.co.jp/inquiry----------------------------------【How to choose an EA】Now that you think you can operate an EA,you might wonder, “Which EA looks promising… I don’t want to lose money….”So, Reiwa no Double-Eye has published articles that help you judge with backtests to some extent,the following series.--------------------------------■ How to find a winning EA from backtests https://www.gogojungle.co.jp/finance/navi/series/1714----------------------------------Forward testing is important, butbacktesting underpins it.Backtest durations are usually longer than forward periods,whether you can tell if you happened to win in forward is something you can gauge once you master backtest evaluation.【EA risk management, how to handle?!】And no matter how excellent an EA is,FX will collapse if you neglect risk management.Therefore with EAs, how to manage risk?This is answered in the following articles.----------------------------------■ “How to calculate EA risk management”https://www.gogojungle.co.jp/finance/navi/articles/64703----------------------------------【EA operation mindset is also important】And, to sustain EA operation for a long time, the “EA operation mindset” is also important.These articles are,----------------------------------12/30★ Year-end and New Year SP!! EA Comprehensive Course Part 3 https://www.gogojungle.co.jp/finance/navi/articles/805518/12【Golden Week Special】 Now you too can be an EA Master! “Mindset for Improving EA Operation”https://www.gogojungle.co.jp/finance/navi/articles/728298/17【Summer Holiday Special】 Now you too can be an EA Master! “Notes During EA Operation”https://www.gogojungle.co.jp/finance/navi/articles/73797----------------------------------That said,this content is quite substantial and important,so even if you can’t understand it right away, please make sure to go through it!━━━━━━━━━━━━━━━【Reiwa no Double-Eye EA Listing】https://www.gogojungle.co.jp/users/112481/productsSpecifically, categorized EA by genre for Reiwa no Double-Eye https://www.gogojungle.co.jp/finance/navi/articles/67162(Diversification by genre is essential when building a portfolio)━━━━━━━━━━━━━━━【Series articles of Reiwa no Double-Eye】■ EA Beginner Course https://www.gogojungle.co.jp/finance/navi/series/1700--------------------------------“About calculating EA risk management”https://www.gogojungle.co.jp/finance/navi/articles/64703Portfolio version: EA risk management calculation https://www.gogojungle.co.jp/finance/navi/articles/65978Easy tips to distinguish fraudulent products (in the case of EAs)https://www.gogojungle.co.jp/finance/navi/articles/64738Where to check first when you don’t understand something about an EA https://www.gogojungle.co.jp/finance/navi/articles/65619--------------------------------■ How to find a winning EA from backtests https://www.gogojungle.co.jp/finance/navi/series/1714--------------------------------■ No sugarcoating! 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 no Double-Eye: “Push-buy and pull-back sell” logic is now公開!!https://www.gogojungle.co.jp/finance/navi/articles/65010■ Double-Eye FX Yomo stories https://www.gogojungle.co.jp/finance/navi/series/610━━━━━━━━━━━━━━━【Reiwa no Double-Eye’s Beliefs】Develop EA with integrity,and gain trust from more people,to maintain a long-lasting WIN-WIN relationship,aim to activate the EA market and improve literacy.━━━━━━━━━━━━━━━

For FX beginners, trying out this genre might be a good way to experience the fun of “steady profits piling up.”

Scalping EA product page
https://www.gogojungle.co.jp/systemtrade/fx/28463

━━━━━━━━━━━━━━━

【Flow from start of EA to intermediate level】

First, it’s important to master “installing an EA.”

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

MT4 EA (Expert Advisor) and Indicator installation procedures

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

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

※ Gogojungle video version ※

At first, you won’t understand everything at once, and some people will surely stumble.

I also stumbled many times at the beginning, so don’t rush—take it slow!

If there’s something you don’t understand, use the “Inquiry Form”!

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

■ Gogojungle “Inquiry Form”

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

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

【How to choose an EA】

Now that you think you can operate an EA,

you might wonder, “Which EA looks promising… I don’t want to lose money….”

So, Reiwa no Double-Eye has published articles that help you judge with backtests to some extent,

the following series.

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

■ How to find a winning EA from backtests

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

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

Forward testing is important, but

backtesting underpins it.

Backtest durations are usually longer than forward periods,

whether you can tell if you happened to win in forward is something you can gauge once you master backtest evaluation.

【EA risk management, how to handle?!】

And no matter how excellent an EA is,

FX will collapse if you neglect risk management.

Therefore with EAs, how to manage risk?

This is answered in the following articles.

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

■ “How to calculate EA risk management”

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

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

【EA operation mindset is also important】

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

These articles are,

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

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

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

8/12【Golden Week Special】 Now you too can be an EA Master! “Mindset for Improving EA Operation”

https://www.gogojungle.co.jp/finance/navi/articles/72829

8/17【Summer Holiday Special】 Now you too can be an EA Master! “Notes During EA Operation”

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

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

That said,

this content is quite substantial and important,

so even if you can’t understand it right away, please make sure to go through it!

━━━━━━━━━━━━━━━

【Reiwa no Double-Eye EA Listing】

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

Specifically, categorized EA by genre for Reiwa no Double-Eye

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

(Diversification by genre is essential when building a portfolio)

━━━━━━━━━━━━━━━

【Series articles of Reiwa no Double-Eye】

■ 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

Where to check first when you don’t understand something about an EA

https://www.gogojungle.co.jp/finance/navi/articles/65619

■ How to find a winning EA from backtests

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

■ No sugarcoating! Gogojungle raises issues!

https://www.gogojungle.co.jp/finance/navi/series/1701

https://www.gogojungle.co.jp/finance/navi/articles/64723

■ Reiwa no Double-Eye: “Push-buy and pull-back sell” logic is now公開!!

https://www.gogojungle.co.jp/finance/navi/articles/65010

■ Double-Eye FX Yomo stories

https://www.gogojungle.co.jp/finance/navi/series/610

【Reiwa no Double-Eye’s Beliefs】

Develop EA with integrity,

and gain trust from more people,

to maintain a long-lasting WIN-WIN relationship,

aim to activate the EA market and improve literacy.

━━━━━━━━━━━━━━━

【What is a Scalping EA?】

This time we will explain “Scalping EA.”

Features of Scalping EA

A Scalping EA is an EA that aims for profit by accumulating small price movements with a win rate around 70%.

It operates mostly on relatively short-term timeframes (1 minute to 15 minutes) and engages in a lot of trades in a short period.

In many cases, the logic is

to follow the long-term trend direction on higher timeframes

while entering and exiting on shorter timeframes with counter-trend trades

embodying the idea of “buying dips and selling Rallies.”

There is also a well-known category called “Asa Scalping” focused on the morning hours in Japan.

This type primarily uses counter-trend trading, showing the diversity of EAs.

Furthermore, there are types that enter at the moment when a high or low is broken.

What happens when you actually run it?

Most scalping EAs trade on counter-trend, so they tend to hold drawdowns longer.

leading to the so-called “high risk, small profit, steady income” pattern.

Small profits (a few pips) accumulate

Occasionally large losses occur

However, with a win rate around 70%, aim to end overall profitable

These are the characteristics of scalping EAs.

Summary

Scalping EAs earn by a style of “high win rate, accumulation of small profits.”

For FX beginners, trying out this genre might be a good way to experience the fun of “steady profits piling up.”

Scalping EA product pagehttps://www.gogojungle.co.jp/systemtrade/fx/28463

Scalping EA product page
https://www.gogojungle.co.jp/systemtrade/fx/28463