System: Grace Forex 1
Description: It is a unique statistical strategy.
Type of Trading: Real
Broker: Boston Merchant Financial
Started: Jan 30, 2013
Views: 971
Tracking: 30 users
Currency Pairs: AUDCAD, AUDCHF, AUDJPY, AUDNZD, AUDUSD, CADJPY, CHFJPY, EURAUD, EURCAD, EURGBP, EURJPY, EURUSD, FT_CL-, FT_DJ3, GBPCAD, GBPCHF, GBPJPY, GBPNZD, GBPUSD, NZDJPY, NZDUSD, USDCAD, USDJPY
Essentials: The Grace Forex 1 system has made 253 trades with an average winning trade of 9.05 pips / $58.88, the average losing trade around -24.92 pips / -$125.68 and an average trade length of 6h 5m.The best trade it ever had was (Jun 05) 105.0 in pips and the worst trade was (Aug 01) -185.0 in pips.
It has won (110/129) 85% of its attempted buys and (103/124) 83% of its attempted sells.
Pros & Cons
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.
