System: Lucky Cat Signal
Description: Use 2 strategies, Over-broght, under sold. And a medium term support and resistance strategy. Over brough looks at a 4-hr time frame and gathers about 30-40 pips. The second strategy uses support and resistance then a traling stop wich starts around 10 pips. These trades last about 6 hours.
Type of Trading: Real
Broker: IC Markets
Started: Nov 17, 2014
Tracking: 4 users
Currency Pairs: AUDCHF, AUDJPY, AUDUSD, CHFJPY, DE30, EURAUD, EURCAD, EURCHF, EURGBP, EURJPY, EURUSD, GBPCHF, GBPJPY, GBPUSD, NZDUSD, USDCAD, USDCHF, USDDKK, USDJPY, XAUUSD
Essentials: The Lucky Cat Signal system has made 445 trades with an average winning trade of 26.70 pips / $8.26, the average losing trade around -65.38 pips / -$17.25 and an average trade length of 16h 18m.
The best trade it ever had was (Aug 20) 2687.0 in pips and the worst trade was (Aug 13) -2781.0 in pips.
It has won (156/203) 76% of its attempted buys and (175/242) 72% 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.
- Bad risk:reward ratio. Stop loss is more than 2x the take profit.