System: MyReserve Review
Description:
Type of Trading: Real
Broker: Alpari RU
Started: Sep 04, 2015
Views: 4
Tracking: 0 users
Currency Pairs: EURUSD, GBPUSD
Overview: MyReserve Review Myfxbook system has made +15% in 901 trades since Sep 04, 2015. The average winning trade is about6.85 pips / USC3.47, and the average trade with a loss around -15.15 pips / -USC3.71. Trades are left open on average for 1h 20m.
(296/459) 64% is the winning percentage of its buy trades and (291/442) 65% is the winning percentage of its sells.
(Sep 07) 10.0 was the best trade it ever produced. (Sep 08) -65.0 was the worst.
Pros & Cons
Pros
- Uses a SL of 15.153, could be trouble
- 2.63 max drawdown looks good
Cons
- Might be a scalper, average win is under 10 pips. This means it will be extremely broker sensitive and results will vary greatly based on low fixed spreads.|
- Risk:Reward ratio is crap, stoploss is more than 2x the takeprofit.
