System: Best Scalper
Description:
Type of Trading: Real
Broker: IC Markets
Started: Sep 08, 2014
Views: 354
Tracking: 2 users
Currency Pairs: EURUSD, GBPUSD
Essentials: The Best Scalper system has made 611 trades with an average winning trade of 3.97 pips / , the average losing trade around -9.08 pips / and an average trade length of 51m.The best trade it ever had was (May 08) 137.1 in pips and the worst trade was (Jan 07) -43.7 in pips.
It has won (264/349) 75% of its attempted buys and (205/262) 78% of its attempted sells.
Pros & Cons
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.
