System: Axi FxViper MAM
Description:
Type of Trading: Real
Broker: AxiTrader
Started: Jul 09, 2015
Views: 195
Tracking: 4 users
Currency Pairs: AUDUSD, EURUSD, USDCAD
Essentials: The Axi FxViper MAM system has made 147 trades with an average winning trade of 6.81 pips / $3.12, the average losing trade around -110.23 pips / -$36.32 and an average trade length of 7h 44m.The best trade it ever had was (Aug 27) 63.5 in pips and the worst trade was (Aug 24) -308.0 in pips.
It has won (7/7) 100% of its attempted buys and (133/140) 95% of its attempted sells.
Pros & Cons
Pros
Cons
- Drawdown has been kept under 30% which is good.
- Average win under 10 pips so its most likely a scalper that will be very broker sensitive.
- Uses a potentially huge and dangerous stop loss.
- Bad risk:reward ratio. Stop loss is more than 2x the take profit.