System: Forex Spark EA IC Markets Review
Description: Forex Spark EA
Type of Trading: Real
Broker: IC Markets
Started: Jul 22, 2015
Views: 4
Tracking: 0 users
Currency Pairs: GBPUSD
Overview: Forex Spark EA IC Markets Review Myfxbook system has made +36% in 246 trades since Jul 22, 2015. The average winning trade is about3.76 pips / £1.55, and the average trade with a loss around -14.31 pips / -£7.06. Trades are left open on average for 4h 28m.
(111/121) 91% is the winning percentage of its buy trades and (112/125) 89% is the winning percentage of its sells.
(Sep 01) 29.2 was the best trade it ever produced. (Sep 03) -63.9 was the worst.
Pros & Cons
Pros
- Large stoploss, be careful.
- Drawdown has only reached 12.33, looking good so far!
Cons
- This is most likely a scalper, avg win is not even 10 pips. This means it will be extremely broker sensitive and results will vary greatly based on low fixed spreads.|
- Risk:Reward ratio is crap, stoploss is more than 2x the takeprofit.
