Type of Trading: Real
Broker: ATC Brokers
Started: Jul 16, 2014
Tracking: 2 users
Currency Pairs: AUDCAD, AUDJPY, AUDNZD, AUDUSD, CADJPY, EURAUD, EURCHF, EURGBP, EURNZD, EURUSD, GBPUSD, NZDUSD, USDCAD, USDCHF, USDJPY, USDSEK
Essentials: The Pinecone system has made 1314 trades with an average winning trade of 65.01 pips / $50.83, the average losing trade around -215.87 pips / -$200.27 and an average trade length of 2d.
The best trade it ever had was (Apr 22) 1327.2 in pips and the worst trade was (Apr 29) -2594.6 in pips.
It has won (488/596) 81% of its attempted buys and (603/718) 83% 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.