Pinecone Review

System: Pinecone Review

Description:

Type of Trading: Real

Broker: ATC Brokers

Started: Jul 16, 2014

Views: 848

Tracking: 2 users

Currency Pairs: AUDCAD, AUDJPY, AUDNZD, AUDUSD, CADJPY, EURAUD, EURCHF, EURGBP, EURNZD, EURUSD, GBPUSD, NZDUSD, USDCAD, USDCHF, USDJPY, USDSEK

 

 

 

 

 

Overview: Pinecone Review Myfxbook system has made +126% in 1366 trades since Jul 16, 2014. The average winning trade is about68.43 pips / $51.89, and the average trade with a loss around -207.62 pips / -$193.25. Trades are left open on average for 2d.

(504/619) 81% is the winning percentage of its buy trades and (628/747) 84% is the winning percentage of its sells.

(Sep 23) 2244.6 was the best trade it ever produced. (Apr 29) -2594.6 was the worst.

Pros & Cons

Pros

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

  • Potentially large stop loss being used
  • Prone to large drawdowns.
  • SL:TP ratio is too big