System: Frank Lichtenberg
Description: Forex Break Out 5m 2 currencies,
DAX Morning Break Out 5m
Type of Trading: Real
Broker: FXCM
Started: Mar 26, 2015
Views: 145
Tracking: 0 users
Currency Pairs: EURJPY, GBPUSD, GER30
Essentials: The Frank Lichtenberg system has made 367 trades with an average winning trade of 11.08 pips / , the average losing trade around -8.54 pips / and an average trade length of 11m.The best trade it ever had was (May 05) 52.0 in pips and the worst trade was (Apr 15) -52.0 in pips.
It has won (68/157) 43% of its attempted buys and (111/210) 52% of its attempted sells.
Pros & Cons
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.
