System: Disco Frank
Description:
Type of Trading: Real
Broker: Global Prime
Started: Jun 24, 2015
Views: 9
Tracking: 0 users
Currency Pairs: AUDUSD, EURUSD, GBPAUD, USDSGD, XAUUSD
Essentials: The Disco Frank system has made 33 trades with an average winning trade of 19.93 pips / A$24.72, the average losing trade around -47.50 pips / -A$28.87 and an average trade length of 7h 56m.The best trade it ever had was (Jul 20) 53.7 in pips and the worst trade was (Aug 26) -394.0 in pips.
It has won (3/9) 33% of its attempted buys and (15/24) 62% 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.
- Bad risk:reward ratio. Stop loss is more than 2x the take profit.
