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System: Emerald™
Description:
Type of Trading: Real
Broker: Alpari NZ
Started: Jan 25, 2015
Views: 956
Tracking: 5 users
Currency Pairs: AUDCAD, EURUSD, GBPUSD, 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 Emerald™ system has made 353 trades with an average winning trade of 222.16 pips / USC17.87, the average losing trade around -830.21 pips / -USC34.76 and an average trade length of 4d.
The best trade it ever had was (Mar 26) 4954.0 in pips and the worst trade was (Aug 12) -5884.0 in pips.
It has won (143/185) 77% of its attempted buys and (137/168) 81% 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.,[/list][/one_half]Cons
[one_half_last] [list icon=”enotype-icon-thumbs-down” align=”right” icon_color=”#e31616″ ]Uses a potentially huge and dangerous stop loss.,Prone to large drawdowns.,Bad risk:reward ratio. Stop loss is more than 2x the take profit.,
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