System: MFA Dynamic System
Description:
Type of Trading: Real
Broker: IronFX
Started: Dec 11, 2014
Views: 436
Tracking: 1 users
Currency Pairs: AUDUSD, EURUSD, GBPUSD, NZDUSD
Essentials: The MFA Dynamic System system has made 956 trades with an average winning trade of 17.11 pips / $11.64, the average losing trade around -37.54 pips / -$15.34 and an average trade length of 1d.The best trade it ever had was (Jun 18) 193.1 in pips and the worst trade was (Feb 05) -305.6 in pips.
It has won (309/422) 73% of its attempted buys and (390/534) 73% of its attempted sells.
Pros & Cons
Pros
Cons
- Its average win is larger than 10 pips which is usually a good thing.
- Its average stop loss is less than 50 pips which is reasonable.
- Drawdown has been kept under 30% which is good.
- Bad risk:reward ratio. Stop loss is more than 2x the take profit.