System: Flying Dutchman Review
Description: The Flying Dutchman configuration utilizes an advanced neural technology (not Martingale or Grid) price action based strategy. The systems uses a filter to exclude low-probability trades and focuses on those trading opportunities with a high degree of momentum. Overall, position and account risk management are constantly monitored by a number of custom developed programmes and algorithmic tools, which allow the Flying Dutchman configuration to examine open position risk and historical performance metrics. Almost all trades are closed intraday.
Type of Trading: Real
Broker: Synergy FX
Started: Sep 15, 2014
Tracking: 21 users
Currency Pairs: AUDUSD, EURUSD, GBPUSD, NZDUSD, USDCHF
Overview: Flying Dutchman Review Myfxbook system has made +56% in 719 trades since Sep 15, 2014. The average winning trade is about39.96 pips / €7.59, and the average trade with a loss around -24.36 pips / -€5.04. Trades are left open on average for 5h 52m.
(148/350) 42% is the winning percentage of its buy trades and (175/369) 47% is the winning percentage of its sells.
(Jan 15) 613.2 was the best trade it ever produced. (Mar 24) -149.9 was the worst.
Pros & Cons
- Average win is greater than 10 pips, some I always look for
- Large stoploss, be careful.
- 14.29 max drawdown looks good