System: Europe Rising Review
Description: Intellectual EA which measures strength of the trend on Eur/Usd pair and looks for price to break important levels . The strategy consist of trading in periods of high volatility and strong trends. Maximum 6 open orders. Trades are always protected by stop-loss.
Type of Trading: Real
Started: Mar 25, 2015
Tracking: 3 users
Currency Pairs: EURUSD
Overview: Europe Rising Review Myfxbook system has made +135% in 228 trades since Mar 25, 2015. The average winning trade is about61.67 pips / $389.92, and the average trade with a loss around -30.61 pips / -$642.27. Trades are left open on average for 15h 43m.
(71/146) 48% is the winning percentage of its buy trades and (31/82) 37% is the winning percentage of its sells.
(Jun 04) 137.9 was the best trade it ever produced. (Aug 25) -156.7 was the worst.
Pros & Cons
- It doesn’t appear to be a scalper, which is good
- 30.6136642 SL, usually asking for trouble.
- Looks like a risky system with large drawdowns.