System: iQuant FX
Description: The portfolio is managed by three independent strategies. Each system is fully automated and monitored daily.
Two of the strategies capitalize on the momentum factor and the third one trades on breakout movements.
Each strategy works with a predefined SL and TP that is either submitted with the order or internally managed by the system logic.
The combined strategies trade in several exchange pairs like EURUSD, GBPUSD, USDCAD, USDJPY, USDCHF and XAUUSD.
Type of Trading: Real
Broker: IC Markets
Started: Apr 16, 2014
Tracking: 2 users
Currency Pairs: EURJPY, EURUSD, GBPJPY, GBPUSD, US500, USDCAD, USDCHF, USDJPY, USTEC, XAUUSD
Essentials: The iQuant FX system has made 1302 trades with an average winning trade of 54.47 pips / €3.24, the average losing trade around -77.10 pips / -€4.99 and an average trade length of 5h 7m.
The best trade it ever had was (Aug 15) 14970.0 in pips and the worst trade was (Oct 16) -10640.0 in pips.
It has won (366/581) 62% of its attempted buys and (475/721) 65% of its attempted sells.
Pros & Cons
- Its average win is larger than 10 pips which is usually a good thing.
- Drawdown has been kept under 30% which is good.