Forex Robot Reviews

Finbou.com – MA – IC Markets True ECN – PAS EA Review

System: Finbou.com – MA – IC Markets True ECN – PAS EA Review

Description: For more info visit: www.finbou.com

Type of Trading: Real

Broker: IC Markets

Started: Nov 11, 2014

Views: 1141

Tracking: 13 users

Currency Pairs: EURUSD, GBPUSD, USDCAD, USDCHF, USDJPY

 

 

 

 

 

Overview: Finbou.com – MA – IC Markets True ECN – PAS EA Review Myfxbook system has made +78% in 1706 trades since Nov 11, 2014. The average winning trade is about5.33 pips / CHF1.57, and the average trade with a loss around -13.89 pips / -CHF4.72. Trades are left open on average for 2h 25m.

(622/759) 81% is the winning percentage of its buy trades and (770/947) 81% is the winning percentage of its sells.

(Apr 16) 38.7 was the best trade it ever produced. (Dec 17) -87.1 was the worst.

Pros & Cons

Pros

  • Uses a SL of 13.894, could be trouble
  • 13.34 max drawdown looks good
Cons

  • Potential scalper, the average win is not even 10 pips. This means it will be extremely broker sensitive and results will be highly dependent on low fixed spreads.|
  • SL:TP ratio is too big
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