Fixart Review

System: Fixart Review

Description: Hello investors, traders, I try to write with few words about myself and my trading strategy:
I have been in market since 2002, I have passed many difficulties until realizing that be trader is easy but be successful trader is very difficult. Reaching until some point when I could really make constant profit took me around 4 years and another 1 year to be protected from human emotions. I used many different strategies, in the end in 2011 I have made final version of my current strategy which I called “Fixart” it is based on trend following, heading, or breakout. The strategy relies heavily on technical analysis. The average pip target on the strategy is approximately 10 pips, with a target of 2-10% monthly gains. Max Risk per trade approximately is 0.75-2.00%. Every trading day I use same strategy, I do Weekly, Daily, 4H. 1H charts and 5 min chart for opening a trade, rarely I do use news for opening trade. Hard stop losses are used, with a target maximum of 90 pips, regularly 25-56 pips. In my strategy I never use scalping, martingale and any other risky strategies. I am picking up trades which is closer to support or resistance with tight stop. Every trade has its unique history.
Good luck

Type of Trading: Real

Broker: HotForex

Started: Feb 24, 2014

Views: 2241

Tracking: 25 users

Currency Pairs: AUDUSD, EURGBP, EURUSD, GBPNZD, GBPUSD, NZDUSD, USDCHF, USDJPY

 

 

 

 

 

Overview: Fixart Review Myfxbook system has made +59% in 654 trades since Feb 24, 2014. The average winning trade is about32.63 pips / , and the average trade with a loss around -36.06 pips / . Trades are left open on average for 15h 39m.

(177/300) 59% is the winning percentage of its buy trades and (210/354) 59% is the winning percentage of its sells.

(Sep 08) 242.5 was the best trade it ever produced. (Jul 28) -104.2 was the worst.

Pros & Cons

Pros

  • Average win is greater than 10 pips, some I always look for
  • Uses a SL of 36.06, could be trouble
  • 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