Replicated L5 Review

System: Replicated L5 Review

Description:

Type of Trading: Real

Broker: Oanda

Started: Jul 31, 2015

Views: 33

Tracking: 0 users

Currency Pairs: EURCAD, EURGBP, EURJPY, EURUSD, GBPUSD, USDCAD, USDJPY

 

 

 

 

 

Overview: Replicated L5 Review Myfxbook system has made +38% in 103 trades since Jul 31, 2015. The average winning trade is about9.18 pips / , and the average trade with a loss around -9.32 pips / . Trades are left open on average for 1h 34m.

(33/48) 68% is the winning percentage of its buy trades and (32/55) 58% is the winning percentage of its sells.

(Aug 05) 56.8 was the best trade it ever produced. (Aug 12) -30.5 was the worst.

Pros & Cons

Pros

  • Uses a SL of 9.32, could be trouble
  • 21.47 max drawdown looks good
Cons

  • Might be a scalper, most of the wins are less than 10 pips. Translation: finding a broker that will let you trade like this is next to impossible|