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System: MXT04715
Description:
Type of Trading: Real
Broker: MXT
Started: Jul 03, 2015
Views: 128
Tracking: 0 users
Currency Pairs: GBPCAD[/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 MXT04715 system has made 39 trades with an average winning trade of 41.81 pips / $9.38, the average losing trade around -89.56 pips / -$20.68 and an average trade length of 7h 2m.
The best trade it ever had was (Aug 18) 97.1 in pips and the worst trade was (Aug 28) -231.3 in pips.
It has won (13/19) 68% of its attempted buys and (18/20) 90% 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.,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″ ]Bad risk:reward ratio. Stop loss is more than 2x the take profit.,
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