AC-Legend Review

System: AC-Legend Review

Description:

Type of Trading: Real

Broker: Forex.com

Started: May 17, 2013

Views: 363

Tracking: 8 users

Currency Pairs: AUDCAD, AUDNZD, AUDUSD, EURGBP, EURUSD, GBPCAD, GBPNZD, GBPUSD, USDCHF

 

 

 

 

 

Overview: AC-Legend Review Myfxbook system has made +434% in 2600 trades since May 17, 2013. The average winning trade is about15.07 pips / , and the average trade with a loss around -51.01 pips / . Trades are left open on average for 14h 48m.

(833/1037) 80% is the winning percentage of its buy trades and (1211/1563) 77% is the winning percentage of its sells.

(Mar 19) 209.8 was the best trade it ever produced. (Jun 19) -501.0 was the worst.

Pros & Cons

Pros

  • It doesn’t appear to be a scalper, which is good
Cons

  • Looks like a risky system with large drawdowns.
  • Risk:Reward ratio is crap, stoploss is more than 2x the takeprofit.