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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[/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 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.[/quote]

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Pros & Cons

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[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

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