Forex Trend Detector Review

System: Forex Trend Detector Review

Description:

Type of Trading: Real

Broker: ThinkForex

Started: Dec 04, 2014

Views: 10404

Tracking: 175 users

Currency Pairs: EURUSD

 

 

 

 

 

Overview: Forex Trend Detector Review Myfxbook system has made +164% in 236 trades since Dec 04, 2014. The average winning trade is about47.35 pips / $39.51, and the average trade with a loss around -30.31 pips / -$29.07. Trades are left open on average for 9h 25m.

(61/142) 42% is the winning percentage of its buy trades and (51/94) 54% is the winning percentage of its sells.

(Mar 18) 162.6 was the best trade it ever produced. (May 26) -209.5 was the worst.

Pros & Cons

Pros

  • It doesn’t appear to be a scalper, which is good
  • Uses a SL of 30.313629, could be trouble
Cons

  • Large drawdowns!