System: BU MT4 Review
Description:
Type of Trading: Real
Broker: RoboForex
Started: Jul 26, 2015
Views: 22
Tracking: 0 users
Currency Pairs: EURUSD, GBPUSD
Overview: BU MT4 Review Myfxbook system has made +56% in 61 trades since Jul 26, 2015. The average winning trade is about4.60 pips / $42.90, and the average trade with a loss around 0 pips / $0.00. Trades are left open on average for 2h 19m.
(12/12) 100% is the winning percentage of its buy trades and (49/49) 100% is the winning percentage of its sells.
(Aug 06) 31.5 was the best trade it ever produced. – was the worst.
Pros & Cons
Pros
- 8.39 max drawdown looks good
Cons
- Likely a scalper, the average winning trade is under 10 pips. This means it will be extremely broker sensitive and results will be highly dependent on low fixed spreads.|
- SL is way too big!
- SL:TP ratio is too big