System: GPS Robot FxChoice 100k Review
Description: The GPS Robot is not a scalper and it’s not like any other type of robot on the market. It uses an absolutely new approach! You will not find anything similar!
Type of Trading: Real
Broker: FX Choice
Started: May 21, 2012
Tracking: 336 users
Currency Pairs: EURUSD
Overview: GPS Robot FxChoice 100k Review Myfxbook system has made +324% in 277 trades since May 21, 2012. The average winning trade is about7.17 pips / $2643.31, and the average trade with a loss around -68.53 pips / -$15090.13. Trades are left open on average for 7h 35m.
(237/260) 91% is the winning percentage of its buy trades and (17/17) 100% is the winning percentage of its sells.
(Jun 29) 160.2 was the best trade it ever produced. (Jun 21) -95.1 was the worst.
Pros & Cons
- 9.79 max drawdown looks good
- Might be a scalper, the average win is under 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.