System: PIST BUY Review
Description: https://www.mql5.com/en/market/product/6605
Type of Trading: Real
Broker: Oanda
Started: Jul 31, 2012
Views: 271
Tracking: 2 users
Currency Pairs: AUDCAD, AUDJPY
Overview: PIST BUY Review Myfxbook system has made +155% in 193 trades since Jul 31, 2012. The average winning trade is about53.53 pips / , and the average trade with a loss around -161.23 pips / . Trades are left open on average for 7d.
(134/176) 76% is the winning percentage of its buy trades and (12/17) 70% is the winning percentage of its sells.
(Nov 02) 361.4 was the best trade it ever produced. (Aug 25) -659.1 was the worst.
Pros & Cons
Pros
- It doesn’t appear to be a scalper, which is good
Cons
- Warning: large stop loss over 100 pips being used
- Looks like a risky system with large drawdowns.
- Risk:Reward ratio is crap, stoploss is more than 2x the takeprofit.
