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System: Fibo Plus Strategy

Description: The strategy is based on a math algorithm, which use parameters such as RSI, MFI, A / D, ROC, slow and fast EMAs, fibonacci series, cadlesticks pattern etc. in several T/F.
The SL is always placed for safety reasons.
Exp.max DD <20%.
IMPORTANT:Before subscribing in a live account, pls use and try it in a demo account.

Type of Trading: Real

Broker: ThinkForex

Started: May 23, 2014

Views: 12

Tracking: 0 users

Currency Pairs: AUDCAD, AUDJPY, AUDUSD, CADJPY, CHFJPY, EURAUD, EURCAD, EURGBP, EURJPY, EURUSD, FRA40, GBPAUD, GBPJPY, GBPUSD, NZDJPY, NZDUSD, USDCAD, USDCHF, USDJPY, 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 Fibo Plus Strategy system has made 227 trades with an average winning trade of 36.41 pips / $14.89, the average losing trade around -67.84 pips / -$23.98 and an average trade length of 10h 24m.

The best trade it ever had was (May 04) 1300.0 in pips and the worst trade was (Aug 18) -872.0 in pips.

It has won (75/110) 68% of its attempted buys and (70/117) 59% 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″ ]Prone to large drawdowns.,

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