F4Y – Libretto 4.01 Review

System: F4Y – Libretto 4.01 Review

Description:

Type of Trading: Real

Broker: Forex4you

Started: Feb 12, 2015

Views: 10

Tracking: 0 users

Currency Pairs: EURUSD, GBPUSD

 

 

 

 

 

Overview: F4Y – Libretto 4.01 Review Myfxbook system has made +5% in 57 trades since Feb 12, 2015. The average winning trade is about22.95 pips / $146.63, and the average trade with a loss around -21.40 pips / -$158.19. Trades are left open on average for 7h 57m.

(11/21) 52% is the winning percentage of its buy trades and (19/36) 52% is the winning percentage of its sells.

(Jun 16) 138.2 was the best trade it ever produced. (Jul 14) -49.5 was the worst.

Pros & Cons

Pros

  • It doesn’t appear to be a scalper, which is good
  • Uses a SL of 21.4036158, could be trouble
Cons

  • Looks like a risky system with large drawdowns.