MFA Dynamic System Review

System: MFA Dynamic System Review

Description:

Type of Trading: Real

Broker: IronFX

Started: Dec 11, 2014

Views: 465

Tracking: 1 users

Currency Pairs: AUDUSD, EURUSD, GBPUSD, NZDUSD

 

 

 

 

 

Overview: MFA Dynamic System Review Myfxbook system has made +49% in 1030 trades since Dec 11, 2014. The average winning trade is about16.52 pips / $11.21, and the average trade with a loss around -36.91 pips / -$14.79. Trades are left open on average for 1d.

(327/450) 72% is the winning percentage of its buy trades and (423/580) 72% is the winning percentage of its sells.

(Jun 18) 193.1 was the best trade it ever produced. (Sep 22) -517.9 was the worst.

Pros & Cons

Pros

  • It doesn’t appear to be a scalper, which is good
  • 36.913614 SL, usually asking for trouble.
  • Drawdown has only reached 28.05, looking good so far!
Cons

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