System: Name 20
Description: Algorithmic currency trading. Based on an original Trading Algorithm. Implements many trading aspects, as well as portfolio management, investment strategies and tactics.
http://www.smartalgotrader.com/
Type of Trading: Real
Broker: FXCM
Started: Dec 11, 2014
Views: 5
Tracking: 0 users
Currency Pairs: AUDUSD, CADCHF, EURGBP, EURJPY, EURUSD, GBPCHF, GBPUSD, USDCAD, USDJPY
Essentials: The Name 20 system has made 192 trades with an average winning trade of 157.46 pips / $108.78, the average losing trade around -182.88 pips / -$146.72 and an average trade length of 27d.The best trade it ever had was (Jun 08) 1187.7 in pips and the worst trade was (Jun 23) -832.9 in pips.
It has won (75/83) 90% of its attempted buys and (108/109) 99% of its attempted sells.
Pros & Cons
Pros
Cons
- Its average win is larger than 10 pips which is usually a good thing.
- Uses a potentially huge and dangerous stop loss.
- Prone to large drawdowns.
