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System: Forex Diamond EA Real All Pairs

Description:

Type of Trading: Real

Broker: Alpari RU

Started: Feb 02, 2013

Views: 2594

Tracking: 66 users

Currency Pairs: EURUSD, GBPUSD, 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 Forex Diamond EA Real All Pairs system has made 1239 trades with an average winning trade of 10.39 pips / GLD5.50, the average losing trade around -20.88 pips / -GLD10.76 and an average trade length of 6h 52m.

The best trade it ever had was (Jun 29) 163.6 in pips and the worst trade was (May 08) -162.9 in pips.

It has won (520/684) 76% of its attempted buys and (405/555) 72% 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 stop loss is less than 50 pips which is reasonable.,Drawdown has been kept under 30% which is good.,[/list][/one_half]Cons

[one_half_last] [list icon=”enotype-icon-thumbs-down” align=”right” icon_color=”#e31616″ ]Average win under 10 pips so its most likely a scalper that will be very broker sensitive.,Bad risk:reward ratio. Stop loss is more than 2x the take profit.,

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