Description: Set of different strategies on XAUUSD. Most of them are trend-following.
Type of Trading: Real
Broker: Alpari NZ
Started: Apr 20, 2013
Tracking: 0 users
Currency Pairs: XAGUSD, XAUUSD
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.
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.