System: Malim3
Description:
Type of Trading: Technical
Broker: IronFX
Started: Oct 27, 2014
Views: IronFX
Tracking: 22 users
Currency Pairs: EURJPY, EURUSD, GBPJPY, USDJPY, XAUUSD
Essentials: The Malim3 system has made 989 trades with an average winning trade of 569.15 pips / $13.21, the average losing trade around -336.36 pips / -$8.84 and an average trade length of 19h 51m.The best trade it ever had was (Jan 16) 4829.0 in pips and the worst trade was (Jan 16) -3608.0 in pips.
It has won (190/476) 39% of its attempted buys and (269/513) 52% of its attempted sells.
Pros & Cons
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.
- Uses a potentially huge and dangerous stop loss.
