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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[/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 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.[/quote]

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Pros & Cons

[one_half]Pros

[list icon=”enotype-icon-thumbs-up” align=”left” icon_color=”#4cb218″ ]Drawdown has been kept under 30% which is good.,[/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.,Uses a potentially huge and dangerous stop loss.,Bad risk:reward ratio. Stop loss is more than 2x the take profit.,

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