MyReserve Review

System: MyReserve Review

Description:

Type of Trading: Real

Broker: Alpari RU

Started: Sep 04, 2015

Views: 4

Tracking: 0 users

Currency Pairs: EURUSD, GBPUSD

 

 

 

 

 

Overview: MyReserve Review Myfxbook system has made +15% in 901 trades since Sep 04, 2015. The average winning trade is about6.85 pips / USC3.47, and the average trade with a loss around -15.15 pips / -USC3.71. Trades are left open on average for 1h 20m.

(296/459) 64% is the winning percentage of its buy trades and (291/442) 65% is the winning percentage of its sells.

(Sep 07) 10.0 was the best trade it ever produced. (Sep 08) -65.0 was the worst.

Pros & Cons

Pros

  • Uses a SL of 15.153, could be trouble
  • 2.63 max drawdown looks good
Cons

  • Might be a scalper, average win is under 10 pips. This means it will be extremely broker sensitive and results will vary greatly based on low fixed spreads.|
  • Risk:Reward ratio is crap, stoploss is more than 2x the takeprofit.