System: Mt4-ECN Review
Description:
Type of Trading: Real
Broker: EXNESS
Started: Aug 31, 2015
Views: 10
Tracking: 0 users
Currency Pairs: AUDUSD, EURCHF, EURGBP, EURJPY, EURUSD, GBPCHF, GBPJPY, GBPUSD, NZDUSD, USDCHF, USDJPY
Overview: Mt4-ECN Review Myfxbook system has made +31% in 1797 trades since Aug 31, 2015. The average winning trade is about3.96 pips / $0.34, and the average trade with a loss around -1.90 pips / -$0.25. Trades are left open on average for 4h 28m.
(913/1176) 77% is the winning percentage of its buy trades and (481/621) 77% is the winning percentage of its sells.
(Oct 02) 23.0 was the best trade it ever produced. (Sep 04) -191.9 was the worst.
Pros & Cons
Pros
- Uses a SL of 1.9036, could be trouble
- 30% drawdown or less is always a good sign
Cons
- Likely a scalper, the average win is under 10 pips. This means it will be extremely broker sensitive and results will be highly dependent on low fixed spreads.|
