AlgoTrading Review

System: AlgoTrading Review

Description:

Type of Trading: Real

Broker: Pepperstone

Started: Sep 22, 2014

Views: 10

Tracking: 0 users

Currency Pairs: AUDCAD, AUDCHF, AUDJPY, AUDUSD, CADJPY, CHFJPY, EURAUD, EURCAD, EURGBP, EURJPY, EURNZD, EURUSD, GBPAUD, GBPCAD, GBPJPY, GBPNZD, GBPUSD, NZDJPY, NZDUSD, USDCAD, USDCHF, USDJPY, XAUUSD

 

 

 

 

 

Overview: AlgoTrading Review Myfxbook system has made +3% in 795 trades since Sep 22, 2014. The average winning trade is about52.44 pips / , and the average trade with a loss around -41.60 pips / . Trades are left open on average for 8h 19m.

(168/312) 53% is the winning percentage of its buy trades and (219/483) 45% is the winning percentage of its sells.

(Jun 22) 1540.0 was the best trade it ever produced. (Jul 20) -1247.0 was the worst.

Pros & Cons

Pros

  • It doesn’t appear to be a scalper, which is good
  • Uses a SL of 41.6, could be trouble
Cons

  • Looks like a risky system with large drawdowns.

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