System: FIBO
Description:
Type of Trading: Technical
Broker: FIBOGroup
Started: Feb 25, 2015
Views: FIBOGroup
Tracking: 0 users
Currency Pairs: AUDCAD, AUDJPY, CADJPY, CHFJPY, EURAUD, EURCAD, EURCHF, EURGBP, EURJPY, EURNZD, EURUSD, GBPAUD, GBPCAD, GBPCHF, GBPJPY, GBPNZD, GBPUSD, USDCAD, USDCHF, USDJPY, USDSGD, XAUUSD
Essentials: The FIBO system has made 1165 trades with an average winning trade of 11.01 pips / , the average losing trade around -17.83 pips / and an average trade length of 2h 16m.The best trade it ever had was (Aug 14) 564.0 in pips and the worst trade was (Jul 20) -657.0 in pips.
It has won (419/615) 68% of its attempted buys and (365/550) 66% of its attempted sells.
Pros & Cons
Pros
Cons
- 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.
- Prone to large drawdowns.
