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System: Chopper

Description:

Type of Trading: Real

Broker: Oanda

Started: Dec 30, 2013

Views: 212

Tracking: 0 users

Currency Pairs: EURJPY, EURUSD, USDJPY[/one_half]

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[quote bcolor=”#06afe8″ arrow=”yes” width=”100%”][icon type=”vector” icon=”fa-icon-cogs” size=”32″ hover_animation=”border_increase” ]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.[/quote]

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Pros & Cons

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[list icon=”enotype-icon-thumbs-up” align=”left” icon_color=”#4cb218″ ]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.,[/list][/one_half]Cons

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