System: DOUBLE10_EUR_REAL
Description:
Type of Trading: Real
Broker: XM
Started: May 31, 2015
Views: 219
Tracking: 0 users
Currency Pairs: AUDCAD, AUDCHF, AUDJPY, AUDNZD, AUDUSD, CADCHF, CADJPY, CHFJPY, EURAUD, EURCAD, EURCHF, EURGBP, EURJPY, EURUSD, GBPAUD, GBPCAD, GBPCHF, GBPJPY, GBPNZD, GBPUSD, NZDCAD, NZDJPY, NZDUSD, USDCAD, USDCHF, USDJPY
Essentials: The DOUBLE10_EUR_REAL system has made 734 trades with an average winning trade of 46.93 pips / €0.36, the average losing trade around -110.85 pips / -€0.72 and an average trade length of 1d.The best trade it ever had was (Jul 20) 259.4 in pips and the worst trade was (Aug 24) -825.8 in pips.
It has won (204/288) 70% of its attempted buys and (320/446) 71% of its attempted sells.
Pros & Cons
Pros
Cons
- Its average win is larger than 10 pips which is usually a good thing.
- Drawdown has been kept under 30% which is good.
- Uses a potentially huge and dangerous stop loss.
- Bad risk:reward ratio. Stop loss is more than 2x the take profit.
