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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[/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 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.[/quote]

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Pros & Cons

[one_half]Pros

[list icon=”enotype-icon-thumbs-up” align=”left” icon_color=”#4cb218″ ]Its average stop loss is less than 50 pips which is reasonable.,Drawdown has been kept under 30% which is good.,[/list][/one_half]Cons

[one_half_last] [list icon=”enotype-icon-thumbs-down” align=”right” icon_color=”#e31616″ ]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.,

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