KonokaSystem V3 Review

System: KonokaSystem V3 Review

Description: A short description of the accounts trading method

Current setting

Asian time scalping_EA (KonokaSystem V3)
It is very simple EA which programed the strategy of the manual trade.
currency: Major currency of EURUSD,USDJPY,GBPUSD,EURGBP
Leverage: 1:100
Broker: (DMA or True_ECN)/STP

—– Risk management —–
Inspection: BackTest for the past 10 years
Main EXIT: Technical index, drive rate 90% (70% – 80% of winning rate)
Sub EXIT: SL 22pip, drive rate 10%
Friday: True or False(The present is True)
The monthly profit is 8% – 20%
Average MaxDD 10% (10 years)
A system stop level: 40%

Type of Trading: Real

Broker: One Trade

Started: Jun 16, 2015

Views: 81

Tracking: 2 users

Currency Pairs: EURGBP, EURUSD, GBPUSD, USDJPY

 

 

 

 

 

Overview: KonokaSystem V3 Review Myfxbook system has made +11% in 539 trades since Jun 16, 2015. The average winning trade is about5.35 pips / $2.79, and the average trade with a loss around -6.40 pips / -$6.52. Trades are left open on average for 3h 51m.

(135/199) 67% is the winning percentage of its buy trades and (232/340) 68% is the winning percentage of its sells.

(Jul 12) 58.1 was the best trade it ever produced. (Jun 18) -28.1 was the worst.

Pros & Cons

Pros

  • Large stoploss, be careful.
  • 30% drawdown or less is always a good sign
Cons

  • Might be a scalper, average win is less than 10 pips. So good luck finding a broker to meet ideal scalping conditions|

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