Nighthawk ECN Armada Markets EURUSD Review

System: Nighthawk ECN Armada Markets EURUSD Review

Description:

Type of Trading: Real

Broker: Tickmill

Started: Aug 19, 2014

Views: 530

Tracking: 17 users

Currency Pairs: AUDUSD, EURUSD, GBPUSD, USDCHF

 

 

 

 

 

Overview: Nighthawk ECN Armada Markets EURUSD Review Myfxbook system has made +1335% in 475 trades since Aug 19, 2014. The average winning trade is about3.01 pips / , and the average trade with a loss around -7.37 pips / . Trades are left open on average for 49m.

(225/266) 84% is the winning percentage of its buy trades and (190/209) 90% is the winning percentage of its sells.

(Mar 30) 6.8 was the best trade it ever produced. (Oct 13) -33.7 was the worst.

Pros & Cons

Pros

  • Uses a SL of 7.37, could be trouble
Cons

  • scalper, most of the wins are under 10 pips. Translation: finding a broker that will let you trade like this is next to impossible|
  • Looks like a risky system with large drawdowns.
  • High stoploss with low takeprofit