channal Review

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.

Top Rated Brokers

BrokerRating
HotForex
(4.61 avg of 366 votes)
FxOpen
(4.42 avg of 316 votes)
IamFX
(3.39 avg of 271 votes)
FxPro
(3.00 avg of 77 votes)
AvaFX
(2.92 avg of 79 votes)

Recent Comments

Categories