[box]

[one_half]

System: MelisTrend EA

Description: Base H4 timeframe signal trend to open/close position, high profit mixed trading sysytem.

Type of Trading: Real

Broker: EXNESS

Started: May 27, 2015

Views: 5

Tracking: 0 users

Currency Pairs: AUDUSD, CHFJPY, EURAUD, EURCAD, EURCHF, EURGBP, EURJPY, EURUSD, GBPCAD, GBPCHF, GBPJPY, GBPUSD, USDCAD, USDCHF, USDJPY, XAUUSD[/one_half]

[one_half_last]

[/one_half_last][/box]

[quote bcolor=”#06afe8″ arrow=”yes” width=”100%”][icon type=”vector” icon=”fa-icon-cogs” size=”32″ hover_animation=”border_increase” ]Essentials: The MelisTrend EA system has made 268 trades with an average winning trade of 96.24 pips / $29.56, the average losing trade around -145.17 pips / -$69.76 and an average trade length of 2d.

The best trade it ever had was (Aug 21) 1808.7 in pips and the worst trade was (Aug 21) -3648.6 in pips.

It has won (78/108) 72% of its attempted buys and (127/160) 79% 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.,[/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.,Prone to large drawdowns.,

[/list] [/one_half_last][/box]