System: Smart Algo Trader 16 Review
Description: Algorithmic currency trading. Based on an original Trading Algorithm. Implements many trading aspects, as well as portfolio management, investment strategies and tactics.
http://www.smartalgotrader.com/
Type of Trading: Real
Broker: FXCM
Started: Dec 11, 2014
Views: 4
Tracking: 0 users
Currency Pairs: AUDUSD, CADCHF, EURGBP, EURJPY, EURUSD, GBPCHF, GBPUSD, USDCAD, USDJPY
Overview: Smart Algo Trader 16 Review Myfxbook system has made +8% in 249 trades since Dec 11, 2014. The average winning trade is about104.93 pips / €37.70, and the average trade with a loss around -284.20 pips / -€66.75. Trades are left open on average for 21d.
(70/78) 89% is the winning percentage of its buy trades and (133/171) 77% is the winning percentage of its sells.
(Jun 04) 713.6 was the best trade it ever produced. (Jun 04) -1227.4 was the worst.
Pros & Cons
- It doesn’t appear to be a scalper, which is good
- Drawdown has only reached 22.3, looking good so far!
- Warning: large stop loss over 100 pips being used
- SL:TP ratio is too big
