Forex Spark EA IC Markets Review

System: Forex Spark EA IC Markets Review

Description: Forex Spark EA

Type of Trading: Real

Broker: IC Markets

Started: Jul 22, 2015

Views: 4

Tracking: 0 users

Currency Pairs: GBPUSD

 

 

 

 

 

Overview: Forex Spark EA IC Markets Review Myfxbook system has made +36% in 246 trades since Jul 22, 2015. The average winning trade is about3.76 pips / £1.55, and the average trade with a loss around -14.31 pips / -£7.06. Trades are left open on average for 4h 28m.

(111/121) 91% is the winning percentage of its buy trades and (112/125) 89% is the winning percentage of its sells.

(Sep 01) 29.2 was the best trade it ever produced. (Sep 03) -63.9 was the worst.

Pros & Cons

Pros

  • Large stoploss, be careful.
  • Drawdown has only reached 12.33, looking good so far!
Cons

  • This is most likely a scalper, avg win is not even 10 pips. This means it will be extremely broker sensitive and results will vary greatly based on low fixed spreads.|
  • Risk:Reward ratio is crap, stoploss is more than 2x the takeprofit.

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