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System: FxTrade

Description: I practice fundamental and trend trading. I used to run my own EA and trade manually at the same time, but have switched to pure manual trading because my EA’s are too volatile. Most prior DD’s were due to EA trading.

Type of Trading: Real

Broker: Oanda

Started: Oct 29, 2014

Views: 26

Tracking: 0 users

Currency Pairs: AUDUSD, EURCHF, EURUSD, GBPAUD, GBPUSD, NZDUSD, USDCAD, USDCHF, 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 FxTrade system has made 237 trades with an average winning trade of 17.24 pips / , the average losing trade around -29.30 pips / and an average trade length of 6h 44m.

The best trade it ever had was (Nov 06) 323.8 in pips and the worst trade was (Feb 27) -149.4 in pips.

It has won (60/87) 68% of its attempted buys and (114/150) 76% 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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