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

Top Rated Brokers

BrokerRating
HotForex
(4.61 avg of 366 votes)
FxOpen
(4.42 avg of 316 votes)
IamFX
(3.39 avg of 271 votes)
FxPro
(3.00 avg of 77 votes)
AvaFX
(2.92 avg of 79 votes)

Recent Comments

Categories