XMmMtko (Old Withdraw) Review

System: XMmMtko (Old Withdraw) Review

Description:

Type of Trading: Real

Broker: XM

Started: Aug 17, 2015

Views: 12

Tracking: 0 users

Currency Pairs: USDJPY

 

 

 

 

 

Overview: XMmMtko (Old Withdraw) Review Myfxbook system has made +61% in 3060 trades since Aug 17, 2015. The average winning trade is about3.04 pips / , and the average trade with a loss around -17.83 pips / . Trades are left open on average for 1h 20m.

(1163/1548) 75% is the winning percentage of its buy trades and (1208/1512) 79% is the winning percentage of its sells.

(Aug 26) 20.3 was the best trade it ever produced. (Aug 26) -28.8 was the worst.

Pros & Cons

Pros

  • Uses a SL of 17.83, could be trouble
  • 30% drawdown or less is always a good sign
Cons

  • scalper, the average winning trade is below 10 pips. So good luck finding a broker to meet ideal scalping conditions|
  • High stoploss with low takeprofit