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
