Power EA@Mt4-408489 Review

System: Power EA@Mt4-408489 Review

Description:

Type of Trading: Real

Broker: FXPro

Started: Jul 06, 2015

Views: 159

Tracking: 1 users

Currency Pairs: AUDUSD, EURJPY, EURUSD, GBPUSD, USDCAD, USDCHF, USDJPY

 

 

 

 

 

Overview: Power EA@Mt4-408489 Review Myfxbook system has made +233% in 145 trades since Jul 06, 2015. The average winning trade is about2.47 pips / $22.82, and the average trade with a loss around -4.34 pips / -$38.16. Trades are left open on average for 49s.

(52/58) 89% is the winning percentage of its buy trades and (77/87) 88% is the winning percentage of its sells.

(Jul 06) 7.9 was the best trade it ever produced. (Jul 06) -5.4 was the worst.

Pros & Cons

Pros

  • Uses a SL of 4.343638, could be trouble
  • 30% drawdown or less is always a good sign
Cons

  • Possible scalper, average win is below 10 pips. This means it will be extremely broker sensitive and results will be highly dependent on low fixed spreads.|