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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[/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 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.[/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.,

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