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System: METALS

Description: Set of different strategies on XAUUSD. Most of them are trend-following.

Type of Trading: Real

Broker: Alpari NZ

Started: Apr 20, 2013

Views: 0

Tracking: 0 users

Currency Pairs: XAGUSD, 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 METALS system has made 1037 trades with an average winning trade of 1158.46 pips / , the average losing trade around -549.67 pips / and an average trade length of 1d.

The best trade it ever had was (Jun 27) 10227.0 in pips and the worst trade was (Jun 18) -3014.1 in pips.

It has won (180/478) 37% of its attempted buys and (251/559) 44% 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.,

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