Type of Trading: Real
Started: Sep 18, 2013
Tracking: 19 users
Currency Pairs: AUDUSD, EURJPY, EURUSD, GBPJPY, GBPUSD, USDCHF, USDJPY
Essentials: The Chimera system has made 103 trades with an average winning trade of 38.37 pips / €6.66, the average losing trade around -108.39 pips / -€18.00 and an average trade length of 22h 32m.
The best trade it ever had was (Jun 08) 62.0 in pips and the worst trade was (Mar 18) -161.4 in pips.
It has won (37/47) 78% of its attempted buys and (45/56) 80% of its attempted sells.
Pros & Cons
- Its average win is larger than 10 pips which is usually a good thing.
- Drawdown has been kept under 30% which is good.
- Uses a potentially huge and dangerous stop loss.
- Bad risk:reward ratio. Stop loss is more than 2x the take profit.