System: 20150609-1735 Review
Description:
Type of Trading: Real
Broker: FXCM
Started: Feb 18, 2015
Views: 86
Tracking: 1 users
Currency Pairs: AUDNZD, EURJPY, EURUSD, GBPUSD, USDJPY
Overview: 20150609-1735 Review Myfxbook system has made +34% in 477 trades since Feb 18, 2015. The average winning trade is about16.23 pips / $18.53, and the average trade with a loss around -67.14 pips / -$45.69. Trades are left open on average for 16h 45m.
(133/176) 75% is the winning percentage of its buy trades and (241/301) 80% is the winning percentage of its sells.
(Aug 26) 176.8 was the best trade it ever produced. (Aug 26) -334.0 was the worst.
Pros & Cons
Pros
- It doesn’t appear to be a scalper, which is good
- 30% drawdown or less is always a good sign
Cons
- Risk:Reward ratio is crap, stoploss is more than 2x the takeprofit.