hongling Review

System: hongling Review

Description:

Type of Trading: Real

Broker: Oanda

Started: Apr 07, 2014

Views: 166

Tracking: 1 users

Currency Pairs: AUDUSD, EURUSD, GBPJPY, GBPUSD, NZDUSD, USDCAD, USDJPY

 

 

 

 

 

Overview: hongling Review Myfxbook system has made +366% in 133 trades since Apr 07, 2014. The average winning trade is about18.03 pips / , and the average trade with a loss around -99.92 pips / . Trades are left open on average for 22h 24m.

(60/68) 88% is the winning percentage of its buy trades and (60/65) 92% is the winning percentage of its sells.

(Dec 11) 102.3 was the best trade it ever produced. (Mar 26) -240.1 was the worst.

Pros & Cons

Pros

  • It doesn’t appear to be a scalper, which is good
Cons

  • Risk of large drawdowns
  • SL:TP ratio is too big