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System: ERX Capital

Description:

Type of Trading: Real

Broker: FXCM

Started: Jul 20, 2015

Views: 45

Tracking: 0 users

Currency Pairs: AUDJPY, AUDNZD, AUDUSD, EURAUD, EURCAD, EURJPY, EURUSD, GBPNZD, NZDJPY, NZDUSD, USDCAD, USDCHF, USDJPY[/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 ERX Capital system has made 76 trades with an average winning trade of 21.80 pips / , the average losing trade around -125.48 pips / and an average trade length of 1d.

The best trade it ever had was (Aug 04) 176.7 in pips and the worst trade was (Aug 24) -413.9 in pips.

It has won (35/39) 89% of its attempted buys and (35/37) 94% 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.,[/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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