OldSchool Review

System: OldSchool Review

Description: Old School is an automated trade system, resulting from many years of experience in the markets by the mentors. It has been design to trade in any instrument and any type of account. The system opens maximum two trades by instrument, always with Take Profit and Stop Loss,TP and SL are variable depend on market conditions when trade is open, and after, depending if the markets go against or in favor to open positions.

System can generate signals on MT4, Twitter , email, and for any account in any broker.

Type of Trading: Real

Broker: FXCM

Started: Sep 21, 2014

Views: 243

Tracking: 1 users

Currency Pairs: EURJPY, EURUSD, GBPUSD, USDJPY

 

 

 

 

 

Overview: OldSchool Review Myfxbook system has made +207% in 318 trades since Sep 21, 2014. The average winning trade is about76.91 pips / , and the average trade with a loss around -47.70 pips / . Trades are left open on average for 1d.

(70/160) 43% is the winning percentage of its buy trades and (68/158) 43% is the winning percentage of its sells.

(Sep 04) 545.8 was the best trade it ever produced. (Jul 14) -201.4 was the worst.

Pros & Cons

Pros

  • It doesn’t appear to be a scalper, which is good
  • Large stoploss, be careful.
  • 24.28 max drawdown looks good
Cons