System: MISSION IMPOSSIBLE (MAX 5% DD)
Description:
Type of Trading: Real
Broker: ILQ
Started: Aug 11, 2015
Views: 420
Tracking: 8 users
Currency Pairs: AUDUSD, CADJPY, EURAUD, EURGBP, EURJPY, EURUSD, GBPUSD, NZDUSD, USDCAD, USDCHF, USDJPY, XAUUSD
Essentials: The MISSION IMPOSSIBLE (MAX 5% DD) system has made 266 trades with an average winning trade of 7.43 pips / $27.44, the average losing trade around -19.12 pips / -$24.24 and an average trade length of 33m.The best trade it ever had was (Aug 24) 101.0 in pips and the worst trade was (Aug 25) -430.0 in pips.
It has won (78/121) 64% of its attempted buys and (103/145) 71% of its attempted sells.
Pros & Cons
Pros
Cons
- Its average stop loss is less than 50 pips which is reasonable.
- Drawdown has been kept under 30% which is good.
- Average win under 10 pips so its most likely a scalper that will be very broker sensitive.
- Bad risk:reward ratio. Stop loss is more than 2x the take profit.
