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
Started: Dec 01, 2014
Tracking: 7 users
Currency Pairs: #ESU5, #FDXU5, #FDXZ5, AUDUSD, EURJPY, EURUSD, GBPUSD, NZDUSD, XAUUSD
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.
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.
- Bad risk:reward ratio. Stop loss is more than 2x the take profit.