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System: ErikTL

Description:

Type of Trading: Real

Broker: FXCM

Started: Nov 28, 2014

Views: 17

Tracking: 0 users

Currency Pairs: CADJPY, EURAUD, EURUSD, GBPCAD, GBPJPY, GBPNZD, GBPUSD, GER30, NZDUSD, USDCAD, USDJPY, USOIL[/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 ErikTL system has made 39 trades with an average winning trade of 21.54 pips / , the average losing trade around -41.43 pips / and an average trade length of 1d.

The best trade it ever had was (Jul 21) 267.2 in pips and the worst trade was (Jul 17) -115.0 in pips.

It has won (17/21) 80% of its attempted buys and (16/18) 88% of its attempted sells.[/quote]

[box][icon type=”vector” icon=”enotype-icon-thumbs-up” size=”32″ hover_animation=”border_increase” ][icon type=”vector” icon=”enotype-icon-thumbs-down” align=”right” size=”32″ hover_animation=”border_increase” ]

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.,Its average stop loss is less than 50 pips which is reasonable.,[/list][/one_half]Cons

[one_half_last] [list icon=”enotype-icon-thumbs-down” align=”right” icon_color=”#e31616″ ]Prone to large drawdowns.,

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