System: OlimpTradeGBP Review
Description: http://www.signalstart.com/analysis/olimptradegbp/1407 – COPY SIGNAL
Type of Trading: Real
Broker: FXPro
Started: May 08, 2015
Views: 335
Tracking: 10 users
Currency Pairs: GBPUSD
Overview: OlimpTradeGBP Review Myfxbook system has made +204% in 96 trades since May 08, 2015. The average winning trade is about7.75 pips / $326.35, and the average trade with a loss around -34.08 pips / -$1492.77. Trades are left open on average for 2h 23m.
(44/45) 97% is the winning percentage of its buy trades and (46/51) 90% is the winning percentage of its sells.
(Aug 26) 18.3 was the best trade it ever produced. (Aug 26) -41.4 was the worst.
Pros & Cons
Pros
- 34.08361492 SL, usually asking for trouble.
- 30% drawdown or less is always a good sign
Cons
- Potential scalper, the average winning trade is under 10 pips. Good luck finding a broker in this day and age that doesn\’t manipulate scalpers|
- The little profits it makes will be wiped out by it/’s huge stoploss
