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
Tracking: 2 users
Currency Pairs: EURUSD
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.
Pros & Cons
- Its average stop loss is less than 50 pips which is reasonable.
- Drawdown has been kept under 30% which is good.
- 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.