System: Catcher-EA v5.0
Description: *** Catcher-EA.com v5.0 ***
New version of EA, based on the Price Action (PA) and some unique indicators as filters. Catcher-EA includes revolutionary system of exit level detection and flexible system of MM.
Fixed a critical error!
Type of Trading: Real
Started: May 16, 2015
Tracking: 2 users
Currency Pairs: EURUSD
Essentials: The Catcher-EA v5.0 system has made 61 trades with an average winning trade of 15.39 pips / $23.43, the average losing trade around -31.04 pips / -$49.81 and an average trade length of 7h 18m.
The best trade it ever had was (Jun 24) 51.8 in pips and the worst trade was (May 28) -60.9 in pips.
It has won (22/27) 81% of its attempted buys and (23/34) 67% of its attempted sells.
Pros & Cons
- Its average win is larger than 10 pips which is usually a good thing.
- Its average stop loss is less than 50 pips which is reasonable.
- Prone to large drawdowns.
- Bad risk:reward ratio. Stop loss is more than 2x the take profit.