Fibo Plus Strategy Review

System: Fibo Plus Strategy Review

Description: The strategy is based on a math algorithm, which use parameters such as RSI, MFI, A / D, ROC, slow and fast EMAs, fibonacci series, cadlesticks pattern etc. in several T/F.
The SL is always placed for safety reasons.
Exp.max DD <20%.
IMPORTANT:Before subscribing in a live account, pls use and try it in a demo account.

Type of Trading: Real

Broker: ThinkForex

Started: May 23, 2014

Views: 13

Tracking: 0 users

Currency Pairs: AUDCAD, AUDJPY, AUDUSD, CADJPY, CHFJPY, EURAUD, EURCAD, EURGBP, EURJPY, EURUSD, FRA40, GBPAUD, GBPJPY, GBPUSD, NZDJPY, NZDUSD, USDCAD, USDCHF, USDJPY, XAUUSD

 

 

 

 

 

Overview: Fibo Plus Strategy Review Myfxbook system has made +37% in 246 trades since May 23, 2014. The average winning trade is about35.68 pips / $14.59, and the average trade with a loss around -69.58 pips / -$24.20. Trades are left open on average for 10h 46m.

(82/119) 68% is the winning percentage of its buy trades and (77/127) 60% is the winning percentage of its sells.

(May 04) 1300.0 was the best trade it ever produced. (Aug 18) -872.0 was the worst.

Pros & Cons

Pros

  • Average win is greater than 10 pips, some I always look for
Cons

  • Risk of large drawdowns