AlgoFXtrade 2 Review

System: AlgoFXtrade 2 Review

Description: AlgoFXtrade 2 is one of the AlgoFXtrade Portfolio systems. It is a robust multi currency strategy based on discrete-time Markov chains. The system works with an advanced scale-in algorithm to open new trades. The opening of new trades is made at fixe time periods. The risk settings are established to get a stable and steady growth (10% per month in average).

AlgoFXtrade 2 system details :
– Trading type : Multi currency strategy based on discrete-time Markov chains
– Instruments : AUDCAD ; AUDUSD ; EURGBP ; GBPCHF ; NZDCAD ; NZDUSD

For more informations, visit our website at www.algofxtrade.net

Type of Trading: Real

Broker: XM

Started: Nov 09, 2014

Views: 641

Tracking: 11 users

Currency Pairs: AUDCAD, AUDUSD, EURGBP, GBPCHF, NZDCAD, NZDUSD

 

 

 

 

 

Overview: AlgoFXtrade 2 Review Myfxbook system has made +211% in 2760 trades since Nov 09, 2014. The average winning trade is about35.64 pips / , and the average trade with a loss around -53.94 pips / . Trades are left open on average for 1d.

(834/1323) 63% is the winning percentage of its buy trades and (937/1437) 65% is the winning percentage of its sells.

(Feb 02) 141.5 was the best trade it ever produced. (Jun 01) -408.4 was the worst.

Pros & Cons

Pros

  • Average win is greater than 10 pips, some I always look for
  • 30% drawdown or less is always a good sign
Cons

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