System: M-L1 Review

Description:

Type of Trading: Real

Broker: FXOpen

Started: Apr 29, 2013

Views: 65

Tracking: 0 users

Currency Pairs: AUDUSD, EURJPY, EURUSD, GBPJPY, GBPUSD, GOLD., NZDUSD, USDJPY

 

 

 

 

 

Overview: M-L1 Review Myfxbook system has made +13% in 657 trades since Apr 29, 2013. The average winning trade is about30.76 pips / , and the average trade with a loss around -205.81 pips / . Trades are left open on average for 9d.

(309/320) 96% is the winning percentage of its buy trades and (316/337) 93% is the winning percentage of its sells.

(Aug 24) 417.0 was the best trade it ever produced. (Aug 24) -932.2 was the worst.

Pros & Cons

Pros

  • Average win is greater than 10 pips, some I always look for
  • Drawdown has only reached 12.49, looking good so far!
Cons

  • Warning: large stop loss over 100 pips being used
  • SL:TP ratio is too big

Top Rated Brokers

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(4.42 avg of 316 votes)
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(3.00 avg of 77 votes)
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(2.92 avg of 79 votes)

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