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System: MT4 Full Auto

Description: Systematic Stop and Reverse strategy

Type of Trading: Real

Broker: Oanda

Started: Dec 09, 2014

Views: 47

Tracking: 1 users

Currency Pairs: AUDCAD, AUDNZD, CADCHF, EURAUD, EURCAD, EURJPY, EURUSD, GBPCAD, GBPJPY, GBPUSD, NZDCAD, NZDJPY, NZDUSD, USDCAD, USDCHF, USDJPY[/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 MT4 Full Auto system has made 38 trades with an average winning trade of 238.00 pips / , the average losing trade around -137.87 pips / and an average trade length of 10d.

The best trade it ever had was (Jan 15) 1335.2 in pips and the worst trade was (Feb 24) -650.2 in pips.

It has won (10/17) 58% of its attempted buys and (13/21) 61% 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

[one_half]Pros

[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.,

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