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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[/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 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.[/quote]

[box][icon type=”vector” icon=”enotype-icon-thumbs-up” size=”32″ hover_animation=”border_increase” ][icon type=”vector” icon=”enotype-icon-thumbs-down” align=”right” size=”32″ hover_animation=”border_increase” ]

Pros & Cons

[one_half]Pros

[list icon=”enotype-icon-thumbs-up” align=”left” icon_color=”#4cb218″ ]Its average stop loss is less than 50 pips which is reasonable.,Drawdown has been kept under 30% which is good.,[/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.,

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