System: KonokaSystem V3
Description: A short description of the accounts trading method
Current setting
Asian time scalping_EA (KonokaSystem V3)
It is very simple EA which programed the strategy of the manual trade.
currency: Major currency of EURUSD,USDJPY,GBPUSD,EURGBP
Leverage: 1:100
Broker: (DMA or True_ECN)/STP
—– Risk management —–
Inspection: BackTest for the past 10 years
Main EXIT: Technical index, drive rate 90% (70% – 80% of winning rate)
Sub EXIT: SL 22pip, drive rate 10%
Friday: True or False(The present is True)
The monthly profit is 8% – 20%
Average MaxDD 10% (10 years)
A system stop level: 40%
Type of Trading: Real
Broker: One Trade
Started: Jun 16, 2015
Views: 72
Tracking: 2 users
Currency Pairs: EURGBP, EURUSD, GBPUSD, USDJPY
Essentials: The KonokaSystem V3 system has made 447 trades with an average winning trade of 5.51 pips / $2.44, the average losing trade around -6.49 pips / -$6.50 and an average trade length of 3h 25m.The best trade it ever had was (Jul 12) 58.1 in pips and the worst trade was (Jun 18) -28.1 in pips.
It has won (100/158) 63% of its attempted buys and (196/289) 67% of its attempted sells.
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.