Description: Automated trading system based on over 5 years back testing.
Type of Trading: Real
Started: Sep 26, 2014
Tracking: 0 users
Currency Pairs: EURGBP, NZDUSD
Essentials: The ArgonDragonPremium system has made 1419 trades with an average winning trade of 9.11 pips / A$85.81, the average losing trade around -21.18 pips / -A$136.65 and an average trade length of 22h 24m.
The best trade it ever had was (May 06) 180.6 in pips and the worst trade was (May 06) -322.0 in pips.
It has won (400/591) 67% of its attempted buys and (545/828) 65% of its attempted sells.
Pros & Cons
- Its average stop loss is less than 50 pips which is reasonable.
- Average win under 10 pips so its most likely a scalper that will be very broker sensitive.
- Prone to large drawdowns.
- Bad risk:reward ratio. Stop loss is more than 2x the take profit.