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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

Views: 200

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[/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 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.[/quote]

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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″ ]Bad risk:reward ratio. Stop loss is more than 2x the take profit.,

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