System: FX Magician – Sys2 – Low DD
Description: Target gain per month = 5%-10%
WCS DD = 15%
Type of Trading: Real
Broker: IC Markets
Started: Aug 06, 2015
Tracking: 10 users
Currency Pairs: AUDNZD, AUDUSD, EURUSD, NZDUSD
Essentials: The FX Magician – Sys2 – Low DD system has made 122 trades with an average winning trade of 22.15 pips / , the average losing trade around 0 pips / and an average trade length of 1d.
The best trade it ever had was (Aug 24) 92.4 in pips and the worst trade was – in pips.
It has won (73/73) 100% of its attempted buys and (49/49) 100% 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.