Forex Robot Reviews

MFP2_new Review

System: MFP2_new Review

Description:

Type of Trading: Real

Broker: FXCM

Started: Apr 15, 2015

Views: 189

Tracking: 0 users

Currency Pairs: EURCAD, NZDJPY, NZDUSD

 

 

 

 

 

Overview: MFP2_new Review Myfxbook system has made +9% in 4 trades since Apr 15, 2015. The average winning trade is about28.08 pips / $1147.82, and the average trade with a loss around 0 pips / $0.00. Trades are left open on average for 25m.

(2/2) 100% is the winning percentage of its buy trades and (2/2) 100% is the winning percentage of its sells.

(Jun 05) 50.9 was the best trade it ever produced. was the worst.

Pros & Cons

Pros

  • It doesn’t appear to be a scalper, which is good
  • Drawdown has only reached 1.58, looking good so far!
Cons

  • Potentially large stop loss being used
  • Risk:Reward ratio is crap, stoploss is more than 2x the takeprofit.
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