MicroBOT at RoboForex Review

System: MicroBOT at RoboForex Review

Description: MicroBOT trades support and resistance. Its core piece is a highly developed trading algorithm that has passed through an intense quantitative evaluation process.

Type of Trading: Real

Broker: RoboForex

Started: May 21, 2015

Views: 821

Tracking: 11 users

Currency Pairs: EURUSD

 

 

 

 

 

Overview: MicroBOT at RoboForex Review Myfxbook system has made +1895% in 388 trades since May 21, 2015. The average winning trade is about4.82 pips / $25.09, and the average trade with a loss around -1.73 pips / -$9.65. Trades are left open on average for 27s.

(104/229) 45% is the winning percentage of its buy trades and (45/159) 28% is the winning percentage of its sells.

(Jun 29) 30.2 was the best trade it ever produced. (Sep 15) -5.2 was the worst.

Pros & Cons

Pros

  • Large stoploss, be careful.
Cons

  • Possible scalper, average win is less than 10 pips. This means it will be extremely broker sensitive and results will be highly dependent on low fixed spreads.|
  • Looks like a risky system with large drawdowns.