System: Kingslayer-1000 Review
Description: Three indicators which are developed ourselves are adopted in this strategy to predict the enter-point of the trade. To ensure the capital security and reduce the risk, we also developed a smart grid fixing strategy to protect our profit. Although the grid will increase the risk, the smart grid tool will give a feedback to control the risk, that’s means, while the grid level get higher, the risk will get lower.
Type of Trading: Real
Started: Jan 05, 2015
Tracking: 2 users
Currency Pairs: AUDCAD, AUDCHF, AUDJPY, AUDNZD, AUDUSD, CADCHF, CADJPY, CHFJPY, EURAUD, EURCAD, EURCHF, EURGBP, EURJPY, EURNZD, EURUSD, GBPAUD, GBPCAD, GBPCHF, GBPJPY, GBPNZD, GBPUSD, NZDCAD, NZDCHF, NZDJPY, NZDUSD, USDCAD, USDCHF, USDCNH, USDHKD, USDJPY, USDSGD, XAGEUR, XAGUSD
Overview: Kingslayer-1000 Review Myfxbook system has made +135% in 1807 trades since Jan 05, 2015. The average winning trade is about14.56 pips / $12.89, and the average trade with a loss around -38.51 pips / -$37.81. Trades are left open on average for 8h 15m.
(390/593) 65% is the winning percentage of its buy trades and (1010/1214) 83% is the winning percentage of its sells.
(Sep 10) 66.5 was the best trade it ever produced. (Sep 17) -204.4 was the worst.
Pros & Cons
- It doesn’t appear to be a scalper, which is good
- Uses a SL of 38.513637, could be trouble
- Prone to large drawdowns.
- SL:TP ratio is too big