System: ITM – Master Trade Server (Revised Aug, 2014) – Normal Risk Review
Description: Powered by Robo NT – a revolutionary new development in the field of Algorithmic Trading using Artificial Neural Networks applied to Price Action and Volume Spread Analysis.
The system is not a tick scalper – it pursues high probability movements and has a verified win rate of over 70% as can be observed on our Myfxbook page.
TP/SL levels are always used, but hidden from the broker. The system has multiple safety controls in place to close trades immediately should unforeseen market conditions threaten the equity’s safety in any way.
Swing, Intra-Day, Position
Supported Currency Pairs:
EUR/USD, GBP/USD, USD/JPY – more pairs may be added in future.
Average Trade Duration:
Type of Trading: Real
Started: Jan 28, 2013
Tracking: 15 users
Currency Pairs: EURJPY, EURUSD, GBPUSD, USDCHF, USDJPY
Overview: ITM – Master Trade Server (Revised Aug, 2014) – Normal Risk Review Myfxbook system has made +44% in 488 trades since Jan 28, 2013. The average winning trade is about12.60 pips / , and the average trade with a loss around -21.72 pips / . Trades are left open on average for 7h 49m.
(164/232) 70% is the winning percentage of its buy trades and (182/256) 71% is the winning percentage of its sells.
(Oct 08) 210.4 was the best trade it ever produced. (Jan 21) -132.5 was the worst.
Pros & Cons
- It doesn’t appear to be a scalper, which is good
- Large stoploss, be careful.
- 30% drawdown or less is always a good sign