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System: MooCow

Description: Old skool

Type of Trading: Real

Broker: Oanda

Started: Sep 12, 2012

Views: 1024

Tracking: 2 users

Currency Pairs: AUDCAD, AUDCHF, AUDJPY, AUDNZD, AUDUSD, CADJPY, CHFJPY, CORNUSD, EURAUD, EURCAD, EURJPY, EURUSD, GBPJPY, GBPUSD, SPX500USD, USDCAD, USDCHF, USDJPY, WHEATUSD[/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 MooCow system has made 771 trades with an average winning trade of 48.86 pips / A$1.71, the average losing trade around -697.66 pips / -A$2.41 and an average trade length of 30d.

The best trade it ever had was (Sep 19) 665.8 in pips and the worst trade was (Sep 24) -3730.0 in pips.

It has won (649/724) 89% of its attempted buys and (37/47) 78% of its attempted sells.[/quote]

[box][icon type=”vector” icon=”enotype-icon-thumbs-up” size=”32″ hover_animation=”border_increase” ][icon type=”vector” icon=”enotype-icon-thumbs-down” align=”right” size=”32″ hover_animation=”border_increase” ]

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.,[/list][/one_half]Cons

[one_half_last] [list icon=”enotype-icon-thumbs-down” align=”right” icon_color=”#e31616″ ]Uses a potentially huge and dangerous stop loss.,Prone to large drawdowns.,Bad risk:reward ratio. Stop loss is more than 2x the take profit.,

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