System: GreenCap Investment
Description: The core key in this trading system based on the following elements. Let’s take a buy order for example, firstly, follow the main trend in stategy chart (larger timeframe). The trend will be determined by the crossover of moving average. Next, price must be undervalued and MACD histogram must show negative to confirm sellers are in control. A buy alert which will warn for a buy signal is a green bar which MACD value is larger than its previous bar. Then if the next bar breaks the high of the buy alert bar by 1 pip, it is confirmed as a price action bar. Finally, money management will be calculated to determine proper stoploss, take profit point, risk:reward ratio. Never take any trade which has a risk:reward ratio lesser than 200%
Type of Trading: Real
Broker: IC Markets
Started: Dec 10, 2014
Tracking: 0 users
Currency Pairs: AUDJPY, AUDUSD, DE30, EURAUD, EURCAD, EURGBP, EURJPY, EURUSD, GBPJPY, GBPNZD, GBPUSD, NZDUSD, US500, USDCAD, USDJPY
Essentials: The GreenCap Investment system has made 133 trades with an average winning trade of 28.77 pips / $116.26, the average losing trade around -46.53 pips / -$115.25 and an average trade length of 2d.
The best trade it ever had was (Feb 11) 192.0 in pips and the worst trade was (May 06) -380.3 in pips.
It has won (54/71) 76% of its attempted buys and (41/62) 66% 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.