Type of Trading: Real
Broker: Blackwell Global
Started: Nov 18, 2014
Tracking: 0 users
Currency Pairs: EURUSD
Essentials: The FX-Majestic system has made 520 trades with an average winning trade of 8.49 pips / $50.86, the average losing trade around -17.60 pips / -$105.77 and an average trade length of 2h 49m.
The best trade it ever had was (Dec 03) 40.0 in pips and the worst trade was (Apr 30) -68.5 in pips.
It has won (188/215) 87% of its attempted buys and (224/305) 73% of its attempted sells.
Pros & Cons
- Its average stop loss is less than 50 pips which is reasonable.
- Drawdown has been kept under 30% which is good.
- 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.