FibTrader FX Review

System: FibTrader FX Review

Description: position trading

Type of Trading: Real

Broker: FXOpen

Started: Jun 14, 2013

Views: 19

Tracking: 2 users

Currency Pairs: AUDJPY, AUDUSD, EURGBP, EURJPY, EURUSD, GBPUSD, GOLD., NZDJPY, NZDUSD, USDCAD, USDCHF, USDJPY, XAUUSD

 

 

 

 

 

Overview: FibTrader FX Review Myfxbook system has made +170% in 224 trades since Jun 14, 2013. The average winning trade is about50.78 pips / $154.23, and the average trade with a loss around -60.93 pips / -$127.65. Trades are left open on average for 1d.

(51/88) 57% is the winning percentage of its buy trades and (95/136) 69% is the winning percentage of its sells.

(Jan 29) 695.0 was the best trade it ever produced. (May 13) -658.0 was the worst.

Pros & Cons

Pros

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

  • Looks like a risky system with large drawdowns.