Type of Trading: Real
Broker: Alpari NZ
Started: Jan 25, 2015
Tracking: 5 users
Currency Pairs: AUDCAD, EURUSD, GBPUSD, XAUUSD
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.
Pros & Cons
- Its average win is larger than 10 pips which is usually a good thing.
- 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.