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System: ArgonDragonPremium

Description: Automated trading system based on over 5 years back testing.

Type of Trading: Real

Broker: AxiTrader

Started: Sep 26, 2014

Views: 128

Tracking: 0 users

Currency Pairs: EURGBP, 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 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.[/quote]

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Pros & Cons

[one_half]Pros

[list icon=”enotype-icon-thumbs-up” align=”left” icon_color=”#4cb218″ ]Its average stop loss is less than 50 pips which is reasonable.,[/list][/one_half]Cons

[one_half_last] [list icon=”enotype-icon-thumbs-down” align=”right” icon_color=”#e31616″ ]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.,

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