Description: I use different kind of systems. All of them are automated with SL. I have tried to mix trend followers strategies with others.
Type of Trading: Real
Broker: Solidary Markets FX
Started: Oct 10, 2014
Tracking: 3 users
Currency Pairs: AUDUSD, EURGBP, EURUSD, GBPCHF, GBPUSD, USDCAD, USDCHF, USDJPY
Essentials: The MusicMax system has made 4203 trades with an average winning trade of 14.15 pips / €4.59, the average losing trade around -25.18 pips / -€8.60 and an average trade length of 6h 12m.
The best trade it ever had was (Nov 27) 326.6 in pips and the worst trade was (Sep 18) -230.1 in pips.
It has won (1285/1997) 64% of its attempted buys and (1482/2206) 67% 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.
- Drawdown has been kept under 30% which is good.