System: GOLDSTAR MAM II Review
Description:
Type of Trading: Technical
Broker: IC Markets
Started: Aug 27, 2014
Views: IC Markets
Tracking: 30 users
Currency Pairs: XAUUSD
Overview: GOLDSTAR MAM II Review Myfxbook system has made +65% in 1392 trades since Aug 27, 2014. The average winning trade is about537.66 pips / , and the average trade with a loss around -625.80 pips / . Trades are left open on average for 1d.
(448/619) 72% is the winning percentage of its buy trades and (529/773) 68% is the winning percentage of its sells.
(Jul 22) 3661.0 was the best trade it ever produced. (Mar 27) -3603.0 was the worst.
Pros & Cons
Pros
- Average win is greater than 10 pips, some I always look for
- 30% drawdown or less is always a good sign
Cons
- Warning: large stop loss over 100 pips being used
