System: Pamm-M11 (Alpari)
Type of Trading: Real
Broker: Alpari NZ
Started: Jun 16, 2014
Tracking: 2 users
Currency Pairs: AUDUSD, EURUSD, GBPUSD, USDCAD, USDCHF, USDJPY
Essentials: The Pamm-M11 (Alpari) system has made 296 trades with an average winning trade of 8.74 pips / $3.50, the average losing trade around -23.87 pips / -$5.86 and an average trade length of 5h 23m.
The best trade it ever had was (Apr 30) 61.1 in pips and the worst trade was (Aug 19) -69.6 in pips.
It has won (108/153) 70% of its attempted buys and (106/143) 74% of its attempted sells.
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.
- Bad risk:reward ratio. Stop loss is more than 2x the take profit.