GPS Robot FxChoice 1mio Tr Review

System: GPS Robot FxChoice 1mio Tr 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!
http://gpsforexrobot.com

Type of Trading: Real

Broker: FX Choice

Started: Jul 01, 2014

Views: 1719

Tracking: 14 users

Currency Pairs: EURUSD

 

 

 

 

 

Overview: GPS Robot FxChoice 1mio Tr Review Myfxbook system has made +110% in 113 trades since Jul 01, 2014. The average winning trade is about8.46 pips / $18706.06, and the average trade with a loss around -47.05 pips / -$65569.15. Trades are left open on average for 5h 15m.

(95/107) 88% is the winning percentage of its buy trades and (6/6) 100% is the winning percentage of its sells.

(Apr 24) 46.4 was the best trade it ever produced. (Mar 31) -98.2 was the worst.

Pros & Cons

Pros

  • Uses a SL of 47.053665569, could be trouble
  • 30% drawdown or less is always a good sign
Cons

  • scalper, the average win is not even 10 pips. This means it will be extremely broker sensitive and results will be highly dependent on low fixed spreads.|
  • Risk:Reward ratio is crap, stoploss is more than 2x the takeprofit.