Forex Robot Reviews

My History Review

System: My History Review

Description: Manual trading. Mainly fundamental analysis. Trend following strategy. No hard rules for entry and exit, though support and resistance levels are sometimes employed.

Keypoints of the strategy:
Ability to maintain 60% profit trades
Each trade = 1% of capital
Drawdown <5% of capital
profit to loss ratio >1

Type of Trading: Real

Broker: VantageFX

Started: Aug 22, 2011

Views: 21

Tracking: 1 users

Currency Pairs: AUDJPY, AUDSGD, AUDUSD, CHFJPY, DJ30, EURCHF, EURUSD, GBPJPY, GBPUSD, NZDUSD, USDCHF, USDJPY, USDSGD, XAUUSD

 

 

 

 

 

Overview: My History Review Myfxbook system has made +45% in 107 trades since Aug 22, 2011. The average winning trade is about221.81 pips / A$248.94, and the average trade with a loss around -264.30 pips / -A$195.74. Trades are left open on average for 7d.

(44/66) 66% is the winning percentage of its buy trades and (21/41) 51% is the winning percentage of its sells.

(Jul 31) 2457.0 was the best trade it ever produced. (Jul 02) -5645.0 was the worst.

Pros & Cons

Pros

  • Average win is greater than 10 pips, some I always look for
  • 12.22 max drawdown looks good
Cons

  • This system has held onto trades up to &worsttrade2 pips deep, yikes!
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