System: Octopus
Description:
Type of Trading: Real
Broker: Squared Financial
Started: Mar 24, 2014
Views: 449
Tracking: 7 users
Currency Pairs: AUDCAD, AUDNZD, AUDUSD, EURAUD, EURCAD, EURCHF, EURGBP, EURJPY, EURUSD, GBPAUD, GBPCAD, GBPCHF, GBPUSD, NZDUSD, USDCAD, USDJPY
Essentials: The Octopus system has made 1278 trades with an average winning trade of 5.59 pips / $7.10, the average losing trade around -9.10 pips / -$14.40 and an average trade length of 1h 48m.The best trade it ever had was (Feb 03) 55.3 in pips and the worst trade was (Jun 13) -139.5 in pips.
It has won (480/665) 72% of its attempted buys and (440/613) 71% of its attempted sells.
Pros & Cons
Pros
Cons
- Its average stop loss is less than 50 pips which is reasonable.
- Drawdown has been kept under 30% which is good.
- Average win under 10 pips so its most likely a scalper that will be very broker sensitive.