System: aannanveg Review
Description: Manual trading strategy based on indicator-free techniques, including combination of static and dynamic levels, Fibonacci retracements/extensions, Elliott wave theory.
Please explain money management rules – no sl/tp, adding many times to existing position. Application does not match with data – max open trades were 19 and not 10 as stated.
Hi, Thanks for comments!
No TP/SL used as trading is manual and based on dynamic levels (their values change).
Trades are detached into several open position to reach better flexibility.
I have updated application no. please have a look!
Type of Trading: Real
Started: May 25, 2015
Tracking: 0 users
Currency Pairs: AUDUSD, EURUSD, GBPUSD, USDCHF, USDJPY
Overview: aannanveg Review Myfxbook system has made +103% in 237 trades since May 25, 2015. The average winning trade is about61.88 pips / , and the average trade with a loss around -123.56 pips / . Trades are left open on average for 4d.
(83/96) 86% is the winning percentage of its buy trades and (116/141) 82% is the winning percentage of its sells.
(Jul 07) 264.3 was the best trade it ever produced. (Aug 27) -404.1 was the worst.
Pros & Cons
- Average win is greater than 10 pips, some I always look for
- 30% drawdown or less is always a good sign
- This system has held onto trades up to &worsttrade2 pips deep, yikes!