System: BlackPearl Gold
Description: BlackPearl V2.46A
Type of Trading: Real
Broker: XM
Started: Jan 18, 2015
Views: 310
Tracking: 3 users
Currency Pairs: GOLD
Essentials: The BlackPearl Gold system has made 826 trades with an average winning trade of 132.90 pips / $13.22, the average losing trade around -281.86 pips / -$28.38 and an average trade length of 6d.The best trade it ever had was (Jul 20) 920.0 in pips and the worst trade was (Jul 20) -1239.0 in pips.
It has won (246/374) 65% of its attempted buys and (356/452) 78% of its attempted sells.
Pros & Cons
Pros
Cons
- Its average win is larger than 10 pips which is usually a good thing.
- Uses a potentially huge and dangerous stop loss.
- Prone to large drawdowns.
- Bad risk:reward ratio. Stop loss is more than 2x the take profit.
