System: Oanda – Bayu
Description:
Type of Trading: Real
Broker: Oanda
Started: Aug 11, 2013
Views: 225
Tracking: 3 users
Currency Pairs: EURJPY, EURUSD, GBPUSD, USDCHF, USDJPY
Essentials: The Oanda – Bayu system has made 190 trades with an average winning trade of 20.35 pips / , the average losing trade around -96.26 pips / and an average trade length of 3d.The best trade it ever had was (Sep 11) 103.6 in pips and the worst trade was (Aug 24) -281.9 in pips.
It has won (80/84) 95% of its attempted buys and (95/106) 89% of its attempted sells.
Pros & Cons
Pros
Cons
- Its average win is larger than 10 pips which is usually a good thing.
- Prone to large drawdowns.
- Bad risk:reward ratio. Stop loss is more than 2x the take profit.