Smart Algo Trader 18 Review

System: Smart Algo Trader 18 Review

Description: Algorithmic currency trading. Based on an original Trading Algorithm. Implements many trading aspects, as well as portfolio management, investment strategies and tactics.
http://www.smartalgotrader.com/

Type of Trading: Real

Broker: FXCM

Started: Dec 11, 2014

Views: 5

Tracking: 0 users

Currency Pairs: AUDUSD, CADCHF, EURGBP, EURJPY, EURUSD, GBPCHF, USDCAD, USDJPY

 

 

 

 

 

Overview: Smart Algo Trader 18 Review Myfxbook system has made +9% in 186 trades since Dec 11, 2014. The average winning trade is about139.01 pips / $60.03, and the average trade with a loss around -395.27 pips / -$158.07. Trades are left open on average for 26d.

(55/64) 85% is the winning percentage of its buy trades and (102/122) 83% is the winning percentage of its sells.

(Jun 07) 658.3 was the best trade it ever produced. (Jun 07) -1329.3 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

  • SL is way too big!
  • The little profits it makes will be wiped out by it/’s huge stoploss

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