System: Nordic Invest EA
Description: Nordic Invest EA is a automated system there are optimized to generate maximum profit with minimum losses.
Several systems are used together to do this task.
There can be up to three positions per pair and I use up to eight pairs to work with.
Type of Trading: Real
Broker: Synergy FX
Started: Feb 23, 2015
Tracking: 0 users
Currency Pairs: AUDCAD, AUDJPY, AUDNZD, AUDUSD, EURGBP, EURJPY, EURUSD, GBPUSD, NZDUSD, USDJPY, XAUUSD
Essentials: The Nordic Invest EA system has made 419 trades with an average winning trade of 50.53 pips / €6.12, the average losing trade around -180.49 pips / -€17.09 and an average trade length of 14h 56m.
The best trade it ever had was (Jul 08) 828.0 in pips and the worst trade was (Jul 20) -3457.0 in pips.
It has won (137/166) 82% of its attempted buys and (190/253) 75% of its attempted sells.
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.
- Bad risk:reward ratio. Stop loss is more than 2x the take profit.