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System: Navydragon – IC Scalper

Description:

Type of Trading: Real

Broker: IC Markets

Started: Jun 04, 2014

Views: 89

Tracking: 0 users

Currency Pairs: AUDUSD, EURUSD, GBPUSD, NZDUSD, USDCAD[/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 Navydragon – IC Scalper system has made 763 trades with an average winning trade of 7.02 pips / , the average losing trade around -36.81 pips / and an average trade length of 10h 9m.

The best trade it ever had was (Aug 28) 63.7 in pips and the worst trade was (Aug 24) -309.7 in pips.

It has won (27/31) 87% of its attempted buys and (705/732) 96% of its attempted sells.[/quote]

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Pros & Cons

[one_half]Pros

[list icon=”enotype-icon-thumbs-up” align=”left” icon_color=”#4cb218″ ]Its average stop loss is less than 50 pips which is reasonable.,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″ ]Average win under 10 pips so its most likely a scalper that will be very broker sensitive.,Bad risk:reward ratio. Stop loss is more than 2x the take profit.,

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