NovaTrader Rider Review

System: NovaTrader Rider Review

Description:

Type of Trading: Real

Broker: FXDD

Started: Dec 08, 2014

Views: 30

Tracking: 0 users

Currency Pairs: AUDUSD, CADJPY, EURCAD, GBPJPY, NZDJPY, NZDUSD

 

 

 

 

 

Overview: NovaTrader Rider Review Myfxbook system has made +68% in 392 trades since Dec 08, 2014. The average winning trade is about86.86 pips / , and the average trade with a loss around -65.09 pips / . Trades are left open on average for 2d.

(86/195) 44% is the winning percentage of its buy trades and (96/197) 48% is the winning percentage of its sells.

(Jul 15) 639.8 was the best trade it ever produced. (Sep 03) -322.3 was the worst.

Pros & Cons

Pros

  • Average win is greater than 10 pips, some I always look for
Cons

  • Looks like a risky system with large drawdowns.