System: Cyrus EA GBPUSD-EURUSD risk 5% 1 order per pair (FIFO set)
Type of Trading: Real
Broker: IC Markets
Started: Mar 18, 2015
Tracking: 2 users
Currency Pairs: EURUSD, GBPUSD
Essentials: The Cyrus EA GBPUSD-EURUSD risk 5% 1 order per pair (FIFO set) system has made 223 trades with an average winning trade of 8.24 pips / $7.10, the average losing trade around -30.45 pips / -$29.66 and an average trade length of 1h 54m.
The best trade it ever had was (May 08) 50.2 in pips and the worst trade was (Aug 25) -43.1 in pips.
It has won (115/141) 81% of its attempted buys and (65/82) 79% of its attempted sells.
Pros & Cons
- Its average stop loss is less than 50 pips which is reasonable.
- Average win under 10 pips so its most likely a scalper that will be very broker sensitive.
- Prone to large drawdowns.
- Bad risk:reward ratio. Stop loss is more than 2x the take profit.