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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[/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 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.[/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.,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

[one_half_last] [list icon=”enotype-icon-thumbs-down” align=”right” icon_color=”#e31616″ ]Bad risk:reward ratio. Stop loss is more than 2x the take profit.,

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