System: Yi_1 Review

Description:

Type of Trading: Technical

Broker: Oanda

Started: Mar 11, 2012

Views: Oanda

Tracking: 70 users

Currency Pairs: AUDCAD, AUDJPY, AUDNZD, AUDUSD, CADCHF, CADJPY, CHFJPY, EURAUD, EURCAD, EURGBP, EURJPY, EURNZD, EURUSD, GBPAUD, GBPCAD, GBPCHF, GBPJPY, GBPUSD, NZDJPY, NZDUSD, USDCAD, USDCHF, USDJPY

 

 

 

 

 

Overview: Yi_1 Review Myfxbook system has made +191% in 2684 trades since Mar 11, 2012. The average winning trade is about31.24 pips / , and the average trade with a loss around -27.43 pips / . Trades are left open on average for 1d.

(594/1113) 53% is the winning percentage of its buy trades and (863/1571) 54% is the winning percentage of its sells.

(Aug 24) 937.1 was the best trade it ever produced. (Sep 10) -605.5 was the worst.

Pros & Cons

Pros

  • Average win is greater than 10 pips, some I always look for
  • 27.43 SL, usually asking for trouble.
Cons

  • Looks like a risky system with large drawdowns.