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System: MEA

Description: Priority is to protect the capital and stable profit. Manual system(50%). + EA (50%)
Max RDD 8-10%. Allways set SL/TP.

Type of Trading: Real

Broker: IronFX

Started: Dec 01, 2014

Views: 1211

Tracking: 7 users

Currency Pairs: #ESU5, #FDXU5, #FDXZ5, AUDUSD, EURJPY, EURUSD, GBPUSD, NZDUSD, 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 MEA system has made 1163 trades with an average winning trade of 48.77 pips / , the average losing trade around -117.01 pips / and an average trade length of 20h 42m.

The best trade it ever had was (Sep 04) 4075.0 in pips and the worst trade was (Sep 21) -7750.0 in pips.

It has won (370/512) 72% of its attempted buys and (499/651) 76% 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″ ]Uses a potentially huge and dangerous stop loss.,Bad risk:reward ratio. Stop loss is more than 2x the take profit.,

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