System: CK – IC Markets
Description: 1) Trend retrace and counter-trend trades
2) Breakout and scalping trades
3) STRICTLY NO MARTINGALE
4) Trades entries will be based on ATR, weekly High-Lows, moving averages, and S&R
5) TP and SL will be used at all time, and trades are monitored
Type of Trading: Real
Broker: IC Markets
Started: Oct 06, 2014
Tracking: 20 users
Currency Pairs: EURAUD, EURCAD, EURCHF, EURGBP, EURUSD, GBPCHF, GBPUSD, USDCAD, USDCHF, USDJPY, XAUUSD
Essentials: The CK – IC Markets system has made 1504 trades with an average winning trade of 13.80 pips / $9.29, the average losing trade around -17.76 pips / -$13.73 and an average trade length of 3h 25m.
The best trade it ever had was (Jan 16) 152.2 in pips and the worst trade was (Jul 14) -125.8 in pips.
It has won (537/788) 68% of its attempted buys and (455/716) 63% 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.