One of the attractions of automated trading systems (EAs) in overseas forex is the wider variety available compared to domestic forex. MT4 and MT5 are equipped with system trading called Expert Advisors (EAs). Anyone can easily install and trade with MT4 or MT5, but many people may be overwhelmed by the sheer number of options. Therefore, this time, we will first explain how to choose a good EA, and then introduce recommended automated trading systems (EAs) in a ranking format. We will also touch on recommended overseas forex accounts with account opening bonuses, as well as the advantages, disadvantages, and points to note for each EA. By the time you finish reading, you will understand the secrets to choosing a winning EA. This is a must-read for traders who want to try EAs. Contents 1 Points to consider when choosing an overseas forex automated trading system (EA) 1.1 How to choose an automated trading system (EA) 1. Decide whether to choose a free or paid EA 1.2 How to choose an automated trading system (EA) 2. What kind of EA do you want to use for forex trading? 1.3 How to choose an automated trading system (EA) 3. Don't be fooled by upward-sloping charts 1.4 How to choose an automated trading system (EA) 4. 1.5 How to choose an automated trading system (EA) by verifying with backtesting 5. Verify and compare multiple currency pairs 2. Recommended ranking of free EAs for overseas FX trading! 2.1 Recommended free EA [1st place] STRATOS GOLDWINDS 2.2 Recommended free EA [2nd place] NODE Neural 2.3 Recommended free EA [3rd place] DARK VENUS 2.4 Recommended free EA [4th place] Market Grid Machine 2.5 MT5 Recommended free EA [5th place] Range Breakout 3. Recommended overseas FX accounts to use with automated trading (EA)! 3.1 FXGT (Standard Account): High leverage and account opening bonus! 3.2 AXIORY: High-speed scalping is OK and safe! 3.3 HF Market: Diversified investment is possible with a large number of instruments 4. Summary: Let's try out the recommended automated trading EAs! Points to consider when choosing an automated trading system (EA) for overseas FX Automated trading (EA) is a service that is originally installed in MT4 and MT5. You can insert it into charts and trade regardless of the overseas FX broker. Since it trades 24 hours a day after a one-time setup, even busy people or those lacking confidence in discretionary trading can start FX trading. However, while it can generate profits automatically, there are also disadvantages and risks of losses accumulating without your knowledge. Not all EAs are profitable, so you must be very careful. To win with a "profitable EA" and a "reliable EA," what kind of EA should you choose? First, let's carefully examine the points to consider when choosing an automated trading system (EA) for overseas FX. How to Choose an Automated Trading System (EA) 1. Decide whether to choose a free or paid EA. Automated trading systems usable with MT4 and MT5 can be freely installed by anyone from the MQL5 marketplace. The MQL5 marketplace has over 12,000 EAs available, including both free and paid options. All EAs listed on MQL5 have detailed information and reviews available in Japanese. If the Japanese version is in English, you can click the language icon in the upper right corner of the details page or review to view it in Japanese. Differences between Paid and Free EAs Paid EAs range from under $50 for cheaper options to around $500-$1,000 for popular ones. You can choose to purchase them or pay a monthly fee. Free EAs are completely free to use. Paid EAs often use advanced indicators in their strategies, leading some to believe they are more profitable, but there are also many excellent free EAs. Why are excellent EAs free? ...It's often because the developer offers them to guide you to the paid version, or to build their track record. In either case, there are no additional initial fees or commissions. Be careful if you are charged a registration fee or initial fee in addition to the purchase price to obtain an EA, as this may be a scam. Try using a free EA Just because it's free doesn't mean it's inferior, and just because it's paid doesn't mean it's profitable. You might experience losing trades even with an expensive EA, or you might get unexpected profits with a free EA. Below is a review of "Dark Vinus," a well-known free EA. Excerpted from MQL5 (MT5 community site). Free EA Review Example (from Dark Vinus) ... Continue reading Recommended Ranking of MT4/MT5 Automated Trading (EA) for Overseas Forex | Explanation of Recommended Accounts and Points to Note When Choosing