System: AlgoFXtrade 2
Description: AlgoFXtrade 2 is one of the AlgoFXtrade Portfolio systems. It is a robust multi currency strategy based on discrete-time Markov chains. The system works with an advanced scale-in algorithm to open new trades. The opening of new trades is made at fixe time periods. The risk settings are established to get a stable and steady growth (10% per month in average).
AlgoFXtrade 2 system details :
– Trading type : Multi currency strategy based on discrete-time Markov chains
– Instruments : AUDCAD ; AUDUSD ; EURGBP ; GBPCHF ; NZDCAD ; NZDUSD
For more informations, visit our website at www.algofxtrade.net
Type of Trading: Real
Broker: XM
Started: Nov 09, 2014
Views: 526
Tracking: 10 users
Currency Pairs: AUDCAD, AUDUSD, EURGBP, GBPCHF, NZDCAD, NZDUSD
Essentials: The AlgoFXtrade 2 system has made 2641 trades with an average winning trade of 35.82 pips / , the average losing trade around -54.61 pips / and an average trade length of 1d.The best trade it ever had was (Feb 02) 141.5 in pips and the worst trade was (Jun 01) -408.4 in pips.
It has won (804/1261) 63% of its attempted buys and (899/1380) 65% of its attempted sells.
Pros & Cons
- Its average win is larger than 10 pips which is usually a good thing.
- Drawdown has been kept under 30% which is good.
