System: Happy Gold v1.3 (Axiory)
Description: EA Happy Gold uses trend strategy with modified ZigZag indicator, that best works on XAUUSD in M30 chart. Modified ZigZag indicator tracks and connects extreme points of the chart, the distance between these points being equal or higher than the percentage specified for the price scale.
Type of Trading: Real
Started: Jun 30, 2014
Tracking: 26 users
Currency Pairs: XAUUSD
Essentials: The Happy Gold v1.3 (Axiory) system has made 335 trades with an average winning trade of 75.41 pips / $105.89, the average losing trade around -240.00 pips / -$358.09 and an average trade length of 14m.
The best trade it ever had was (Sep 23) 541.0 in pips and the worst trade was (Jul 02) -240.0 in pips.
It has won (127/162) 78% of its attempted buys and (137/173) 79% of its attempted sells.
Pros & Cons
- Its average win is larger than 10 pips which is usually a good thing.
- Uses a potentially huge and dangerous stop loss.
- Prone to large drawdowns.
- Bad risk:reward ratio. Stop loss is more than 2x the take profit.