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System: Legacy Trader MT4

Description:

Type of Trading: Real

Broker: Oanda

Started: Mar 31, 2015

Views: 217

Tracking: 3 users

Currency Pairs: EURCAD, EURGBP, EURJPY, EURNZD, EURUSD, GBPAUD, GBPCAD, GBPCHF, GBPJPY, GBPNZD, GBPUSD, NZDCHF, NZDJPY, NZDUSD, USDCAD, 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 Legacy Trader system has made 59 trades with an average winning trade of 73.34 pips / , the average losing trade around -49.83 pips / and an average trade length of 19h 46m.

The best trade it ever had was (Apr 09) 467.5 in pips and the worst trade was (Apr 29) -197.1 in pips.

It has won (11/27) 40% of its attempted buys and (23/32) 71% 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 win is larger than 10 pips which is usually a good thing.,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″ ]Prone to large drawdowns.,

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