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System: forex-lib.com | REAL MONEY Strategy Mix
Description: This is an example of some trading strategies. You can choose from nearly 2000 strategies on forex-lib.com and trade them in your mt4 forex trading account. Its for free!! How is it working? Check forex-lib.com
Type of Trading: Real
Broker: FXOpen
Started: Mar 22, 2015
Views: 80
Tracking: 1 users
Currency Pairs: GBPCAD[/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-lib.com | REAL MONEY Strategy Mix system has made 347 trades with an average winning trade of 104.75 pips / $82.24, the average losing trade around -100.15 pips / -$78.92 and an average trade length of 1d.
The best trade it ever had was (Jul 30) 198.8 in pips and the worst trade was (Aug 06) -182.4 in pips.
It has won (200/327) 61% of its attempted buys and (7/20) 35% of its attempted sells.[/quote]
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Pros & Cons
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[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.,
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