System: Nighthawk ECN Armada Markets EURUSD Review
Description:
Type of Trading: Real
Broker: Tickmill
Started: Aug 19, 2014
Views: 530
Tracking: 17 users
Currency Pairs: AUDUSD, EURUSD, GBPUSD, USDCHF
Overview: Nighthawk ECN Armada Markets EURUSD Review Myfxbook system has made +1335% in 475 trades since Aug 19, 2014. The average winning trade is about3.01 pips / , and the average trade with a loss around -7.37 pips / . Trades are left open on average for 49m.
(225/266) 84% is the winning percentage of its buy trades and (190/209) 90% is the winning percentage of its sells.
(Mar 30) 6.8 was the best trade it ever produced. (Oct 13) -33.7 was the worst.
Pros & Cons
Pros
- Uses a SL of 7.37, could be trouble
Cons
- scalper, most of the wins are under 10 pips. Translation: finding a broker that will let you trade like this is next to impossible|
- Looks like a risky system with large drawdowns.
- High stoploss with low takeprofit
