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System: Darjeeling

Description:

Type of Trading: Real

Broker: AxiTrader

Started: Feb 13, 2014

Views: 701

Tracking: 6 users

Currency Pairs: USDCAD, EURGBP, EURJPY, AUDUSD, AUDCAD, USDCHF, EURUSD, USDJPY, GBPUSD, EURCAD, EURAUD, NZDUSD, AUDJPY, CADJPY, CADCHF, GBPCHF, EURCHF, XAGUSD, XAUUSD, AUDNZD, NZDJPY, GBPNZD, EURSGD, CADSGD, EURNZD, USDSGD, GBPJPY, SGDJPY, GBPSGD, AUDSGD, CHFSGD[/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 Darjeeling system has made 1146 trades with an average winning trade of 20.92 pips / , the average losing trade around -128.40 pips / and an average trade length of 2d.

The best trade it ever had was (Feb 17) 1550.0 in pips and the worst trade was (Mar 23) -12028.0 in pips.

It has won (297/406) 73% of its attempted buys and (599/740) 80% of its attempted sells.[/quote]

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Pros & Cons

[one_half]Pros

[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.,[/list][/one_half]Cons

[one_half_last] [list icon=”enotype-icon-thumbs-down” align=”right” icon_color=”#e31616″ ]Uses a potentially huge and dangerous stop loss.,Prone to large drawdowns.,Bad risk:reward ratio. Stop loss is more than 2x the take profit.,

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