Forex Robot Reviews

MADEX™ Signal Review

System: MADEX™ Signal Review

Description: https://www.mql5.com/en/signals/127464

Type of Trading: Real

Broker: XM

Started: Aug 21, 2015

Views: 7

Tracking: 0 users

Currency Pairs: AUDUSD, EURUSD

 

 

 

 

 

Overview: MADEX™ Signal Review Myfxbook system has made +14% in 181 trades since Aug 21, 2015. The average winning trade is about10.49 pips / $1.05, and the average trade with a loss around -30.17 pips / -$3.02. Trades are left open on average for 2h 46m.

(93/120) 77% is the winning percentage of its buy trades and (45/61) 73% is the winning percentage of its sells.

(Oct 02) 39.7 was the best trade it ever produced. (Aug 24) -31.4 was the worst.

Pros & Cons

Pros

  • 30.17363 SL, usually asking for trouble.
  • Drawdown has only reached 19.88, looking good so far!
Cons

  • Risk:Reward ratio is crap, stoploss is more than 2x the takeprofit.
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