Description: Motto:“Cut losses and let your profits run”, The trading system is based on Moving Average theory, and it applies the strategy of trend tracking, with the target on the medium-term trend. Trading type is manually , With the advanced "risk controlling" and "filtering" technology, in stead of EA. To capture the opportunities in currency pairs . Any trades will be manditory companioned with S/L, therefore, no need to watch the PC screen all day long. Holding time is about 1-7 days , And average pips above 50 pips/per trading. Because it is not HFT trading, Our system has better relative tolerance to spreads, slippage or comm. All accounts are traded only with reputable brokers (NFA regulation, Notice: 10 lots = 100K), No any scapling/martingale/grid techniques.
Type of Trading: Real
Broker: MB Trading
Started: May 02, 2013
Tracking: 30 users
Currency Pairs: AUDNZD, AUDUSD, EURAUD, EURUSD, GBPCHF, GBPUSD, NZDUSD, USDCAD, USDJPY
Essentials: The MBT-Trader system has made 565 trades with an average winning trade of 64.17 pips / $46.89, the average losing trade around -52.15 pips / -$36.91 and an average trade length of 1d.
The best trade it ever had was (Sep 03) 264.0 in pips and the worst trade was (Jan 14) -206.6 in pips.
It has won (150/282) 53% of its attempted buys and (133/283) 46% of its attempted sells.
Pros & Cons
- Its average win is larger than 10 pips which is usually a good thing.
- Prone to large drawdowns.