System: channal Review
Description: https://www.simpletrader.net/signal/4250/Set-and-Forget-it.html
Type of Trading: Real
Broker: Fort Financial Services
Started: Jun 08, 2015
Views: 11
Tracking: 0 users
Currency Pairs: EURUSD, GBPUSD
Overview: channal Review Myfxbook system has made +0% in 66 trades since Jun 08, 2015. The average winning trade is about8.43 pips / $19.85, and the average trade with a loss around -16.93 pips / -$40.50. Trades are left open on average for 3h 49m.
(26/34) 76% is the winning percentage of its buy trades and (18/32) 56% is the winning percentage of its sells.
(Jun 09) 20.6 was the best trade it ever produced. (Aug 24) -113.8 was the worst.
Pros & Cons
Pros
- Uses a SL of 16.93364, could be trouble
- 7.28 max drawdown looks good
Cons
- scalper, average win is below 10 pips. This means it will be extremely broker sensitive and results will be highly dependent on low fixed spreads.|
- Risk:Reward ratio is crap, stoploss is more than 2x the takeprofit.
