System: FX-LYC Review
Description: Our trading strategy is based on the noise and wave analysis using digital signal processing technology. The trading system will run trend following type of trading when the noise element is considerably small compared to signal element. On the contrary, when the noise element is big, the chart will form noisy wave,
the trading system will run oscillator type of trading.
Type of Trading: Real
Started: Jan 29, 2015
Tracking: 50 users
Currency Pairs: EURJPY, EURUSD, GBPUSD, USDJPY
Overview: FX-LYC Review Myfxbook system has made +46% in 400 trades since Jan 29, 2015. The average winning trade is about14.14 pips / ¥2225.82, and the average trade with a loss around -19.47 pips / -¥3034.31. Trades are left open on average for 2h 25m.
(125/179) 69% is the winning percentage of its buy trades and (132/221) 59% is the winning percentage of its sells.
(Mar 19) 71.7 was the best trade it ever produced. (May 06) -75.6 was the worst.
Pros & Cons
- Average win is greater than 10 pips, some I always look for
- 19.471653034 SL, usually asking for trouble.
- 7.93 max drawdown looks good