System: IC Markets
Type of Trading: Real
Broker: IC Markets
Started: Jun 25, 2015
Tracking: 0 users
Currency Pairs: EURUSD, GBPUSD
Essentials: The IC Markets system has made 2619 trades with an average winning trade of 10.74 pips / $1.56, the average losing trade around -25.03 pips / -$4.40 and an average trade length of 2h 44m.
The best trade it ever had was (Jul 06) 57.5 in pips and the worst trade was (Jul 06) -93.3 in pips.
It has won (574/786) 73% of its attempted buys and (1407/1833) 76% of its attempted sells.
Pros & Cons
- Its average stop loss is less than 50 pips which is reasonable.
- Drawdown has been kept under 30% which is good.
- Average win under 10 pips so its most likely a scalper that will be very broker sensitive.
- Bad risk:reward ratio. Stop loss is more than 2x the take profit.