Forex Robot Reviews

Seasonality Review

System: Seasonality Review

Description:

Type of Trading: Real

Broker: Oanda

Started: May 29, 2014

Views: 106

Tracking: 1 users

Currency Pairs: AUDCAD, AUDCHF, AUDJPY, AUDUSD, CADCHF, CADJPY, CHFJPY, EURAUD, EURCAD, EURCHF, EURGBP, EURNZD, EURSEK, EURTRY, EURUSD, GBPAUD, GBPCAD, GBPCHF, GBPJPY, GBPNZD, GBPUSD, NZDJPY, NZDUSD, USDCAD, USDCHF, USDDKK, USDHKD, USDJPY, USDMXN, USDNOK, USDSEK, USDSGD, USDTRY, USDZAR

 

 

 

 

 

Overview: Seasonality Review Myfxbook system has made +60% in 546 trades since May 29, 2014. The average winning trade is about45.45 pips / A$0.44, and the average trade with a loss around -271.74 pips / -A$2.11. Trades are left open on average for 5d.

(235/260) 90% is the winning percentage of its buy trades and (256/286) 89% is the winning percentage of its sells.

(Oct 30) 1739.0 was the best trade it ever produced. (Jan 05) -2726.5 was the worst.

Pros & Cons

Pros

  • Average win is greater than 10 pips, some I always look for
  • 30% drawdown or less is always a good sign
Cons

  • Potentially large stop loss being used
  • Risk:Reward ratio is crap, stoploss is more than 2x the takeprofit.
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