System: Chopper
Description:
Type of Trading: Real
Broker: Oanda
Started: Dec 30, 2013
Views: 212
Tracking: 0 users
Currency Pairs: EURJPY, EURUSD, USDJPY
Essentials: The Chopper system has made 974 trades with an average winning trade of 65.23 pips / , the average losing trade around -32.00 pips / and an average trade length of 1d.The best trade it ever had was (Nov 02) 347.4 in pips and the worst trade was (Sep 01) -345.0 in pips.
It has won (161/480) 33% of its attempted buys and (157/494) 31% of its attempted sells.
Pros & Cons
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.
- Drawdown has been kept under 30% which is good.