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System: ICM PHG 6.x Low DD

Description:

Type of Trading: Real

Broker: IC Markets

Started: Apr 09, 2015

Views: 356

Tracking: 2 users

Currency Pairs: EURUSD, GBPUSD, USDCHF[/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 ICM PHG 6.x Low DD system has made 214 trades with an average winning trade of 6.24 pips / €4.47, the average losing trade around -5.72 pips / -€6.44 and an average trade length of 1h 35m.

The best trade it ever had was (Aug 25) 26.1 in pips and the worst trade was (Sep 01) -50.5 in pips.

It has won (85/108) 78% of its attempted buys and (68/106) 64% 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 stop loss is less than 50 pips which is reasonable.,[/list][/one_half]Cons

[one_half_last] [list icon=”enotype-icon-thumbs-down” align=”right” icon_color=”#e31616″ ]Average win under 10 pips so its most likely a scalper that will be very broker sensitive.,Prone to large drawdowns.,

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