MFM5 FXChoice Review

System: MFM5 FXChoice Review

Description:

Type of Trading: Real

Broker: FX Choice

Started: Dec 02, 2014

Views: 2997

Tracking: 60 users

Currency Pairs: CADCHF, CADJPY, CHFJPY, EURAUD, EURCAD, EURCHF, EURJPY, EURNZD, GBPAUD, GBPCAD, GBPCHF, GBPJPY, GBPNZD, GBPUSD, USDCAD, USDCHF, USDJPY

 

 

 

 

 

Overview: MFM5 FXChoice Review Myfxbook system has made +439% in 639 trades since Dec 02, 2014. The average winning trade is about6.28 pips / $12.93, and the average trade with a loss around -9.29 pips / -$21.15. Trades are left open on average for 1h 25m.

(463/639) 72% is the winning percentage of its buy trades and (0/0) 0% is the winning percentage of its sells.

(Aug 26) 57.1 was the best trade it ever produced. (Aug 26) -95.9 was the worst.

Pros & Cons

Pros

  • Uses a SL of 9.293621, could be trouble
Cons

  • Possible scalper, avg win is less than 10 pips. Good luck finding a broker in this day and age that doesn\’t manipulate scalpers|
  • Large drawdowns!