Forex Robot Reviews

MelisTrend EA Review

System: MelisTrend EA Review

Description: Base H4 timeframe signal trend to open/close position, high profit mixed trading sysytem.

Type of Trading: Real

Broker: EXNESS

Started: May 27, 2015

Views: 6

Tracking: 0 users

Currency Pairs: AUDUSD, CHFJPY, EURAUD, EURCAD, EURCHF, EURGBP, EURJPY, EURUSD, GBPCAD, GBPCHF, GBPJPY, GBPUSD, USDCAD, USDCHF, USDJPY, XAUUSD

 

 

 

 

 

Overview: MelisTrend EA Review Myfxbook system has made +68% in 349 trades since May 27, 2015. The average winning trade is about88.43 pips / $35.38, and the average trade with a loss around -135.46 pips / -$98.08. Trades are left open on average for 2d.

(100/135) 74% is the winning percentage of its buy trades and (163/214) 76% is the winning percentage of its sells.

(Aug 21) 1808.7 was the best trade it ever produced. (Aug 21) -3648.6 was the worst.

Pros & Cons

Pros

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

  • Potentially large stop loss being used
  • Prone to large drawdowns.
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