Type of Trading: Real
Started: Jul 30, 2015
Tracking: 0 users
Currency Pairs: GBPCAD
Essentials: The MXT31715 system has made 26 trades with an average winning trade of 42.19 pips / $6.04, the average losing trade around -107.50 pips / -$16.36 and an average trade length of 5h 6m.
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 (10/16) 62% of its attempted buys and (10/10) 100% of its attempted sells.
Pros & Cons
- Its average win is larger than 10 pips which is usually a good thing.
- Drawdown has been kept under 30% which is good.
- Uses a potentially huge and dangerous stop loss.
- Bad risk:reward ratio. Stop loss is more than 2x the take profit.