Type of Trading: Real
Started: Apr 15, 2015
Tracking: 0 users
Currency Pairs: EURCAD, NZDJPY, NZDUSD
Essentials: The MFP2_new system has made 4 trades with an average winning trade of 28.08 pips / $1147.82, the average losing trade around 0 pips / $0.00 and an average trade length of 25m.
The best trade it ever had was (Jun 05) 50.9 in pips and the worst trade was – in pips.
It has won (2/2) 100% of its attempted buys and (2/2) 100% 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.