Mt4-ECN Review

System: Mt4-ECN Review

Description:

Type of Trading: Real

Broker: EXNESS

Started: Aug 31, 2015

Views: 10

Tracking: 0 users

Currency Pairs: AUDUSD, EURCHF, EURGBP, EURJPY, EURUSD, GBPCHF, GBPJPY, GBPUSD, NZDUSD, USDCHF, USDJPY

 

 

 

 

 

Overview: Mt4-ECN Review Myfxbook system has made +31% in 1797 trades since Aug 31, 2015. The average winning trade is about3.96 pips / $0.34, and the average trade with a loss around -1.90 pips / -$0.25. Trades are left open on average for 4h 28m.

(913/1176) 77% is the winning percentage of its buy trades and (481/621) 77% is the winning percentage of its sells.

(Oct 02) 23.0 was the best trade it ever produced. (Sep 04) -191.9 was the worst.

Pros & Cons

Pros

  • Uses a SL of 1.9036, could be trouble
  • 30% drawdown or less is always a good sign
Cons

  • Likely a scalper, the average win is under 10 pips. This means it will be extremely broker sensitive and results will be highly dependent on low fixed spreads.|