DK Professional Review

System: DK Professional Review

Description: Strategy is called indicator action, which is similar to price action but is based on a combination of several indicators. The price response on various news (high & low impact) has a similar pattern in indicator space. It includes trend bounces/trend follows. The target is to recognize the bounce pips and the extreme cases (ceiling/bottom) to decide the trading entrance stop loss, take profit and trading size. Trend following will be traded at the beginning period, trend bounces will be traded at the end period of a trend. Most trades are short term trading and usually closed within 30 minutes, rest trades can be hold 1-2 days according to the trading time frame. The typical trading leverage is below 2:1, maximum can be 10-15 times for some extreme case. The trading strategy works for all high volatile markets.

Type of Trading: Real

Broker: FXOpen

Started: Feb 04, 2015

Views: 142

Tracking: 1 users

Currency Pairs: AUDCAD, AUDJPY, AUDUSD, CADCHF, CADJPY, EURAUD, EURCAD, EURGBP, EURJPY, EURUSD, GBPAUD, GBPCAD, GBPCHF, GBPJPY, GBPNZD, GBPUSD, NZDCAD, NZDJPY, NZDUSD, USDCAD, USDCHF, USDJPY, USDSEK, USDSGD, XAGUSD, XAUUSD

 

 

 

 

 

Overview: DK Professional Review Myfxbook system has made +14% in 1209 trades since Feb 04, 2015. The average winning trade is about11.23 pips / , and the average trade with a loss around -19.71 pips / . Trades are left open on average for 37m.

(513/716) 71% is the winning percentage of its buy trades and (376/493) 76% is the winning percentage of its sells.

(Apr 13) 617.8 was the best trade it ever produced. (Aug 24) -253.8 was the worst.

Pros & Cons

Pros

  • Average win is greater than 10 pips, some I always look for
  • Large stoploss, be careful.
  • 30% drawdown or less is always a good sign
Cons

Top Performing EA’s

Top Rated Brokers

BrokerRating
HotForex
(4.61 avg of 366 votes)
FxOpen
(4.42 avg of 316 votes)
IamFX
(3.39 avg of 271 votes)
FxPro
(3.00 avg of 77 votes)
AvaFX
(2.92 avg of 79 votes)

Categories