Forex Robot Reviews

madewi MT4 Review

System: madewi MT4 Review

Description: news trading and trend following

Type of Trading: Real

Broker: FXPro

Started: Apr 23, 2015

Views: 58

Tracking: 1 users







Overview: madewi MT4 Review Myfxbook system has made +1110% in 164 trades since Apr 23, 2015. The average winning trade is about2446.86 pips / €508.83, and the average trade with a loss around -5469.63 pips / -€1131.59. Trades are left open on average for 21h 39m.

(62/77) 80% is the winning percentage of its buy trades and (72/87) 82% is the winning percentage of its sells.

(Sep 01) 21200.0 was the best trade it ever produced. (Sep 18) -46650.0 was the worst.

Pros & Cons


  • Average win is greater than 10 pips, some I always look for

  • Potentially large stop loss being used
  • Risk of large drawdowns
  • The little profits it makes will be wiped out by it/’s huge stoploss
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