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System: lmax2

Description:

Type of Trading: Real

Broker: LMAX

Started: Dec 09, 2014

Views: 235

Tracking: 2 users

Currency Pairs: AUDCAD, AUDCHF, AUDJPY, AUDNZD, AUDUSD, CADCHF, CADJPY, EURAUD, EURCAD, EURCHF, EURGBP, EURJPY, EURNOK, EURNZD, EURUSD, GBPAUD, GBPCAD, GBPCHF, GBPJPY, GBPNZD, GBPUSD, GDAXI., GDAXIM, NZDCAD, NZDJPY, NZDUSD, UK100., USDCAD, USDCHF, USDCNH, USDJPY, USDSEK, USDSGD, WS30.L, WS30M., XAGUSD, XAUUSD, XBRUSD, XTIUSD[/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 lmax2 system has made 5100 trades with an average winning trade of 109.77 pips / $36.69, the average losing trade around -478.13 pips / -$75.74 and an average trade length of 1h 33m.

The best trade it ever had was (Aug 24) 13700.0 in pips and the worst trade was (Aug 25) -40600.0 in pips.

It has won (2053/2890) 71% of its attempted buys and (1589/2210) 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.,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″ ]Uses a potentially huge and dangerous stop loss.,Bad risk:reward ratio. Stop loss is more than 2x the take profit.,

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