System: ForexTime Real Review
Description: It tries to understand the market direction on H1 (using broken fractals) and it uses that information to trade on lower timeframe, such as m5 for EURUSD and M15 for USDJPY.
Type of Trading: Real
Started: May 29, 2015
Tracking: 0 users
Currency Pairs: EURUSD, USDJPY
Overview: ForexTime Real Review Myfxbook system has made +12% in 217 trades since May 29, 2015. The average winning trade is about31.53 pips / €42.34, and the average trade with a loss around -24.42 pips / -€28.11. Trades are left open on average for 8h 11m.
(44/98) 44% is the winning percentage of its buy trades and (46/119) 38% is the winning percentage of its sells.
(Jul 08) 160.9 was the best trade it ever produced. (Jun 04) -142.0 was the worst.
Pros & Cons
- It doesn’t appear to be a scalper, which is good
- Large stoploss, be careful.
- 26.32 max drawdown looks good