System: 5 Star Strat at 3* Risk Review
Description: 5 Star Strategy traded at a multiplier of x3.
See where this strategy came from and see forward tests and back test results here;
http://www.myfxbook.com/community/trading-systems/5-star-strat-3-risk/974662,1
Type of Trading: Real
Broker: HotForex
Started: Jun 01, 2015
Views: 385
Tracking: 8 users
Currency Pairs: AUDUSD, EURAUD, EURCAD, EURJPY, EURUSD, GBPAUD, GBPUSD, NZDUSD
Overview: 5 Star Strat at 3* Risk Review Myfxbook system has made +17% in 101 trades since Jun 01, 2015. The average winning trade is about29.94 pips / , and the average trade with a loss around -24.91 pips / . Trades are left open on average for 1h 34m.
(30/62) 48% is the winning percentage of its buy trades and (25/39) 64% is the winning percentage of its sells.
(Jul 24) 93.7 was the best trade it ever produced. (Sep 04) -50.7 was the worst.
Pros & Cons
- It doesn’t appear to be a scalper, which is good
- Uses a SL of 24.91, could be trouble
- 30% drawdown or less is always a good sign
