System: PMACROFX22T Review
Description: This FX strategy leverages a systematic trading model developed to exploit momentum, trend following and mean reverting patterns that repeat on both an inter-day and intra-day basis.
Each position is managed in a disciplined manner using a hard stop-loss, trailing stop and defined profit target. Only a small amount of capital is risked on any single trade and the reward/risk ratio is at least 1 to 1 in each trading position.
Positions are only taken in the most liquid currency pairs, they are proactively managed 24 hours a day, and never held over the weekend. As a guide, trades are typically closed within 1-2 days.
Type of Trading: Real
Started: May 14, 2014
Tracking: 4 users
Currency Pairs: AUDCAD, AUDNZD, AUDUSD, CADCHF, EURAUD, EURJPY, EURNZD, EURUSD, GBPAUD, GBPCAD, GBPCHF, GBPJPY, GBPNZD, GBPUSD, NZDCAD, NZDJPY, USDCAD, USDCHF, USDJPY
Overview: PMACROFX22T Review Myfxbook system has made +136% in 169 trades since May 14, 2014. The average winning trade is about19.18 pips / , and the average trade with a loss around -9.61 pips / . Trades are left open on average for 3h 1m.
(37/64) 57% is the winning percentage of its buy trades and (18/105) 17% is the winning percentage of its sells.
(Sep 18) 111.8 was the best trade it ever produced. (Feb 09) -107.3 was the worst.
Pros & Cons
- Average win is greater than 10 pips, some I always look for
- Large stoploss, be careful.
- 16.85 max drawdown looks good