System: Frank Lichtenberg Review
Description: Forex Break Out 5m 2 currencies,
DAX Morning Break Out 5m
Type of Trading: Real
Broker: FXCM
Started: Mar 26, 2015
Views: 146
Tracking: 0 users
Currency Pairs: EURJPY, GBPUSD, GER30
Overview: Frank Lichtenberg Review Myfxbook system has made +7% in 367 trades since Mar 26, 2015. The average winning trade is about11.08 pips / , and the average trade with a loss around -8.54 pips / . Trades are left open on average for 11m.
(68/157) 43% is the winning percentage of its buy trades and (111/210) 52% is the winning percentage of its sells.
(May 05) 52.0 was the best trade it ever produced. (Apr 15) -52.0 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
