System: mathProf Review
Description: The primary target of this micro lot based trading program is a continuous growth of the initial account budget.
Strong development of the account balance by minimizing risks is the main aim of the mathProf strategy.
This is accomplished by the placement of trades and its related hedge trades in a very specific manner: combined with an advanced close logic which allows a balanced development of founds secured by a precisely calculated account size correlated to the trading volume.
The design as well as the code programing part of the main algorithms contained in the mathProf strategy follows some well-known principles initially described by Charles Dow and Ralph Nelson Elliot as well as some additional fundamental and widely known paradigms.
This very specific combination of components finally results in much more than only the simple summary of its parts. With the mathProf Strategy it is probably to continuously grow the balance of a Forex trading account by five percent or more monthly.
Type of Trading: Real
Broker: JFD Brokers
Started: May 28, 2014
Tracking: 22 users
Currency Pairs: EURUSD, GBPCAD
Overview: mathProf Review Myfxbook system has made +303% in 15386 trades since May 28, 2014. The average winning trade is about25.47 pips / €2.17, and the average trade with a loss around -34.38 pips / -€3.01. Trades are left open on average for 18h 44m.
(5154/7756) 66% is the winning percentage of its buy trades and (5218/7630) 68% is the winning percentage of its sells.
(Mar 05) 217.1 was the best trade it ever produced. (Aug 31) -333.3 was the worst.
Pros & Cons
- Average win is greater than 10 pips, some I always look for
- Large stoploss, be careful.
- Risk of large drawdowns