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System: MA-503718 (Finbou: IcMarkets True ECN-PAS EA-MAX DD 20%)

Description: For more info visit: www.finbou.com

Type of Trading: Real

Broker: IC Markets

Started: Nov 11, 2014

Views: 1118

Tracking: 13 users

Currency Pairs: EURUSD, GBPUSD, USDCAD, USDCHF, 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 MA-503718 (Finbou: IcMarkets True ECN-PAS EA-MAX DD 20%) system has made 1635 trades with an average winning trade of 5.30 pips / CHF1.54, the average losing trade around -14.45 pips / -CHF4.94 and an average trade length of 2h 24m.

The best trade it ever had was (Apr 16) 38.7 in pips and the worst trade was (Dec 17) -87.1 in pips.

It has won (595/726) 81% of its attempted buys and (745/909) 81% 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 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.,Bad risk:reward ratio. Stop loss is more than 2x the take profit.,

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