System: WTR2 Review

Description:

Type of Trading: Real

Broker: IC Markets

Started: Feb 03, 2014

Views: 771

Tracking: 0 users

Currency Pairs: AUDCAD, AUDNZD, EURGBP, EURUSD, GBPUSD, NZDCAD

 

 

 

 

 

Overview: WTR2 Review Myfxbook system has made +2% in 477 trades since Feb 03, 2014. The average winning trade is about8.90 pips / , and the average trade with a loss around -24.04 pips / . Trades are left open on average for 4h 21m.

(190/233) 81% is the winning percentage of its buy trades and (184/244) 75% is the winning percentage of its sells.

(Jul 28) 60.4 was the best trade it ever produced. (Jun 01) -167.5 was the worst.

Pros & Cons

Pros

  • Large stoploss, be careful.
  • Drawdown has only reached 2.38, looking good so far!
Cons

  • Might be a scalper, average win is not even 10 pips. Good luck finding a broker in this day and age that doesn\’t manipulate scalpers|
  • Risk:Reward ratio is crap, stoploss is more than 2x the takeprofit.