PIST BUY Review

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.