System: Flying Dutchman
Description: The Flying Dutchman configuration utilizes an advanced neural technology (not Martingale or Grid) price action based strategy. The systems uses a filter to exclude low-probability trades and focuses on those trading opportunities with a high degree of momentum. Overall, position and account risk management are constantly monitored by a number of custom developed programmes and algorithmic tools, which allow the Flying Dutchman configuration to examine open position risk and historical performance metrics. Almost all trades are closed intraday.
Type of Trading: Real
Broker: Synergy FX
Started: Sep 15, 2014
Tracking: 19 users
Currency Pairs: AUDUSD, EURUSD, GBPUSD, NZDUSD, USDCHF
Essentials: The Flying Dutchman system has made 708 trades with an average winning trade of 39.95 pips / €7.59, the average losing trade around -24.39 pips / -€5.06 and an average trade length of 5h 56m.
The best trade it ever had was (Jan 15) 613.2 in pips and the worst trade was (Mar 24) -149.9 in pips.
It has won (148/344) 43% of its attempted buys and (174/364) 47% of its attempted sells.
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.
- Drawdown has been kept under 30% which is good.