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System: MikeNichols

Description:

Type of Trading: Real

Broker: AxiTrader

Started: Aug 06, 2014

Views: 28

Tracking: 0 users

Currency Pairs: AUDCHF, AUDJPY, AUDNZD, AUDUSD, CADJPY, DAX30, EURAUD, EURCAD, EURGBP, EURNZD, EURUSD, GBPAUD, GBPCAD, GBPJPY, GBPNZD, GBPUSD, NZDCHF, NZDJPY, NZDUSD, S&P, SPI200, USDCAD, USDCHF, USDJPY, USDSEK, WTI, 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 MikeNichols system has made 201 trades with an average winning trade of 119.47 pips / A$105.31, the average losing trade around -67.07 pips / -A$87.03 and an average trade length of 3d.

The best trade it ever had was (Nov 18) 793.0 in pips and the worst trade was (Aug 31) -746.9 in pips.

It has won (51/118) 43% of its attempted buys and (34/83) 40% of its attempted sells.[/quote]

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Pros & Cons

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[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

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