I will explain what a winning anomaly-based EA is, its characteristics, and how to choose one. Anomaly-based EAs are automated trading programs that utilize patterns or anomalies in the forex market to execute trades. These EAs capitalize on specific times or dates when certain regularities in the market occur. Let me introduce two representative examples…

For FX traders, a common question is whether contrarian or trend-following strategies are superior. As an EA developer, I’ll conclude which is more advantageous. First, let’s discuss the tendencies of contrarian and trend-following strategies during Tokyo, European (London), and New York trading hours. During Tokyo hours, markets tend to range, making contrarian strategies more favorable.From…

Building an EA portfolio is essential for achieving stable returns in the forex market. By combining different EAs with diverse strategies, you can mitigate risk and enhance overall performance. There are four main types of EAs: Anomaly-Based: These EAs rely on specific rules derived from time, rate, and other non-technical indicators to enter and exit…

Finding an EA that seems to be performing well and purchasing it, only to experience drawdowns shortly afterward, is a common occurrence. I’ve personally experienced this pattern with over half of the EAs I’ve purchased in the past. Even developers can’t accurately predict forward test results. Based on my experience of creating over 100 EAs,…

Let’s examine the popular settlement method among traders: the trailing stop. A trailing stop is an order that trails the stop-loss level (stop-limit) in the favorable direction when the market moves. It’s widely used by Japanese traders. However, when it comes to EA (Expert Advisor) automated trading, does the trailing stop prove effective? I incorporated…