System: Mt4-827207
Description: Various trading strategy with Conservative money management.
I trade manually using Grid and Wolve Wave in conservative approach. Please be aware that I use scalping sometimes using a safe scalper EA so spread is essential around scalping time (EST16:00-18:00).
Generally i trade conservatively with constant 5-10% profit monthly.
Aug 14 update: you may be aware that in the past month i have experienced 14% DD because i was trying a new strategy. I have now adjusted the strategy and will avoid this high DD.
Type of Trading: Real
Broker: RoboForex
Started: Apr 28, 2014
Views: 27
Tracking: 0 users
Currency Pairs: AUDJPY, AUDUSD, CADJPY, CHFJPY, EURCHF, EURGBP, EURJPY, EURUSD, GBPJPY, GBPUSD, NZDUSD, USDCAD, USDCHF, USDJPY, XAGUSD, XAUUSD
Essentials: The Mt4-827207 system has made 9531 trades with an average winning trade of 13.10 pips / , the average losing trade around -35.10 pips / and an average trade length of 16h 46m.The best trade it ever had was (Sep 05) 159.8 in pips and the worst trade was (Jan 19) -2091.3 in pips.
It has won (1967/2981) 65% of its attempted buys and (4714/6550) 71% of its attempted sells.
Pros & Cons
- Its average win is larger than 10 pips which is usually a good thing.
- Its average stop loss is less than 50 pips which is reasonable.
- Prone to large drawdowns.
- Bad risk:reward ratio. Stop loss is more than 2x the take profit.