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System: DYMO IQ Level Trader

Description: Risk per Trade = 10 %
More Information: https://www.mql5.com/en/signals/126672

Type of Trading: Real

Broker: JFD Brokers

Started: Jul 29, 2015

Views: 132

Tracking: 2 users

Currency Pairs: EURUSD[/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 DYMO IQ Level Trader system has made 52 trades with an average winning trade of 9.08 pips / $56.49, the average losing trade around -25.72 pips / -$192.14 and an average trade length of 1h 59m.

The best trade it ever had was (Jul 31) 27.5 in pips and the worst trade was (Sep 15) -36.4 in pips.

It has won (23/27) 85% of its attempted buys and (20/25) 80% of its attempted sells.[/quote]

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Pros & Cons

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[list icon=”enotype-icon-thumbs-up” align=”left” icon_color=”#4cb218″ ]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″ ]Average win under 10 pips so its most likely a scalper that will be very broker sensitive.,Bad risk:reward ratio. Stop loss is more than 2x the take profit.,

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