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System: Forex Trend Detector

Description:

Type of Trading: Real

Broker: ThinkForex

Started: Dec 04, 2014

Views: 9579

Tracking: 167 users

Currency Pairs: EURUSD[/one_half]

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[quote bcolor=”#06afe8″ arrow=”yes” width=”100%”][icon type=”vector” icon=”fa-icon-cogs” size=”32″ hover_animation=”border_increase” ]Essentials: The Forex Trend Detector system has made 226 trades with an average winning trade of 47.35 pips / $39.51, the average losing trade around -29.88 pips / -$25.90 and an average trade length of 9h 43m.

The best trade it ever had was (Mar 18) 162.6 in pips and the worst trade was (May 26) -209.5 in pips.

It has won (61/132) 46% of its attempted buys and (51/94) 54% of its attempted sells.[/quote]

[box][icon type=”vector” icon=”enotype-icon-thumbs-up” size=”32″ hover_animation=”border_increase” ][icon type=”vector” icon=”enotype-icon-thumbs-down” align=”right” size=”32″ hover_animation=”border_increase” ]

Pros & Cons

[one_half]Pros

[list icon=”enotype-icon-thumbs-up” align=”left” icon_color=”#4cb218″ ]Its average win is larger than 10 pips which is usually a good thing.,Its average stop loss is less than 50 pips which is reasonable.,[/list][/one_half]Cons

[one_half_last] [list icon=”enotype-icon-thumbs-down” align=”right” icon_color=”#e31616″ ]Prone to large drawdowns.,

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