System: WTR2 Review
Description:
Type of Trading: Real
Broker: IC Markets
Started: Feb 03, 2014
Views: 771
Tracking: 0 users
Currency Pairs: AUDCAD, AUDNZD, EURGBP, EURUSD, GBPUSD, NZDCAD
Overview: WTR2 Review Myfxbook system has made +2% in 477 trades since Feb 03, 2014. The average winning trade is about8.90 pips / , and the average trade with a loss around -24.04 pips / . Trades are left open on average for 4h 21m.
(190/233) 81% is the winning percentage of its buy trades and (184/244) 75% is the winning percentage of its sells.
(Jul 28) 60.4 was the best trade it ever produced. (Jun 01) -167.5 was the worst.
Pros & Cons
Pros
- Large stoploss, be careful.
- Drawdown has only reached 2.38, looking good so far!
Cons
- Might be a scalper, average win is not even 10 pips. Good luck finding a broker in this day and age that doesn\’t manipulate scalpers|
- Risk:Reward ratio is crap, stoploss is more than 2x the takeprofit.
