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System: Algo_Bullet

Description:

Type of Trading: Real

Broker: SkyFX

Started: Mar 04, 2014

Views: 552

Tracking: 5 users

Currency Pairs: AUDCAD, AUDCHF, AUDNZD, AUDUSD, BRENT-, CADJPY, CHFJPY, CRUDE-, DAX-30, DOW-30, EURAUD, EURCAD, EURCHF, EURGBP, EURJPY, EURNZD, EURTRY, EURUSD, GBPAUD, GBPCAD, GBPCHF, GBPJPY, GBPNZD, GBPUSD, GERMAN, GOLD^, NGAS-A, NIKKEI, NSDQ-1, NZDCHF, NZDJPY, NZDUSD, SP-500, UK-100, USA-SP, USA-TE, USDCAD, USDCHF, USDJPY, USDRUB, USDSEK, USDSGD, USDZAR[/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 Algo_Bullet system has made 777 trades with an average winning trade of 2874.03 pips / $1247.07, the average losing trade around -2833.42 pips / -$1023.63 and an average trade length of 3d.

The best trade it ever had was (Dec 30) 63100.0 in pips and the worst trade was (May 25) -137400.0 in pips.

It has won (150/258) 58% of its attempted buys and (307/519) 59% 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.,Drawdown has been kept under 30% which is good.,[/list][/one_half]Cons

[one_half_last] [list icon=”enotype-icon-thumbs-down” align=”right” icon_color=”#e31616″ ]Uses a potentially huge and dangerous stop loss.,

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