System: CAP Saifan Trading EA (TickMill) Review
Description:
Type of Trading: Real
Broker: Tickmill
Started: Jul 08, 2015
Views: 83
Tracking: 2 users
Currency Pairs: EURUSD, XAUUSD
Overview: CAP Saifan Trading EA (TickMill) Review Myfxbook system has made +7% in 27 trades since Jul 08, 2015. The average winning trade is about4.77 pips / , and the average trade with a loss around -19.08 pips / . Trades are left open on average for 20m.
(7/12) 58% is the winning percentage of its buy trades and (10/15) 66% is the winning percentage of its sells.
(Jul 23) 32.2 was the best trade it ever produced. (Jul 10) -141.0 was the worst.
Pros & Cons
Pros
- 19.08 SL, usually asking for trouble.
- 21.73 max drawdown looks good
Cons
- Potential scalper, the average winning trade is not even 10 pips. Good luck finding a broker in this day and age that doesn\’t manipulate scalpers|
- Risk:Reward ratio is crap, stoploss is more than 2x the takeprofit.
