Frank Lichtenberg Review

System: Frank Lichtenberg Review

Description: Forex Break Out 5m 2 currencies,
DAX Morning Break Out 5m

Type of Trading: Real

Broker: FXCM

Started: Mar 26, 2015

Views: 146

Tracking: 0 users

Currency Pairs: EURJPY, GBPUSD, GER30

 

 

 

 

 

Overview: Frank Lichtenberg Review Myfxbook system has made +7% in 367 trades since Mar 26, 2015. The average winning trade is about11.08 pips / , and the average trade with a loss around -8.54 pips / . Trades are left open on average for 11m.

(68/157) 43% is the winning percentage of its buy trades and (111/210) 52% is the winning percentage of its sells.

(May 05) 52.0 was the best trade it ever produced. (Apr 15) -52.0 was the worst.

Pros & Cons

Pros

  • Average win is greater than 10 pips, some I always look for
  • Large stoploss, be careful.
  • 30% drawdown or less is always a good sign
Cons

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