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System: ForexTime Real

Description: It tries to understand the market direction on H1 (using broken fractals) and it uses that information to trade on lower timeframe, such as m5 for EURUSD and M15 for USDJPY.

Type of Trading: Real

Broker: ForexTime

Started: May 29, 2015

Views: 9

Tracking: 0 users

Currency Pairs: EURUSD, 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 ForexTime Real system has made 203 trades with an average winning trade of 32.59 pips / €43.70, the average losing trade around -24.48 pips / -€25.07 and an average trade length of 8h 40m.

The best trade it ever had was (Jul 08) 160.9 in pips and the worst trade was (Jun 04) -142.0 in pips.

It has won (44/95) 46% of its attempted buys and (42/108) 38% 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.,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

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