System: MomentumRobot Review
Description: Synergistic aspects of trend reversal trend following trading strategy system, based on market momentum and currency strength of each currency have joined the trend or change the trend turning process or trend to launch a starting point to obtain a profit; belongs to the conservative low-risk trading strategies systems. Investment pursuit of 5% per month stable profit target, instead of getting rich overnight expectations.
Type of Trading: Real
Started: May 21, 2013
Tracking: 1 users
Currency Pairs: AUDCAD, AUDCHF, AUDNZD, AUDUSD, CADCHF, EURAUD, EURCAD, EURCHF, EURGBP, EURUSD, GBPAUD, GBPCAD, GBPCHF, GBPUSD, NZDCAD, NZDCHF, USDCAD, USDCHF
Overview: MomentumRobot Review Myfxbook system has made +152% in 2425 trades since May 21, 2013. The average winning trade is about13.58 pips / $9.21, and the average trade with a loss around -20.66 pips / -$16.86. Trades are left open on average for 1h 53m.
(779/1150) 67% is the winning percentage of its buy trades and (885/1275) 69% is the winning percentage of its sells.
(Jul 13) 111.1 was the best trade it ever produced. (Mar 19) -134.3 was the worst.
Pros & Cons
- It doesn’t appear to be a scalper, which is good
- Large stoploss, be careful.
- Looks like a risky system with large drawdowns.