System: Pip Mavens
Description:
Type of Trading: Real
Broker: Oanda
Started: Jul 31, 2015
Views: 16
Tracking: 0 users
Currency Pairs: AUDCAD, AUDCHF, AUDJPY, AUDUSD, CADJPY, EURCAD, EURCHF, EURGBP, EURJPY, EURUSD, GBPCHF, GBPUSD, NZDCAD, NZDCHF, NZDJPY, NZDUSD, USDCAD, USDCHF, USDJPY
Essentials: The Pip Mavens system has made 350 trades with an average winning trade of 6.25 pips / S$46.67, the average losing trade around -17.03 pips / -S$56.20 and an average trade length of 1h 23m.The best trade it ever had was (Aug 19) 28.3 in pips and the worst trade was (Sep 09) -54.4 in pips.
It has won (98/126) 77% of its attempted buys and (173/224) 77% 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.
- Bad risk:reward ratio. Stop loss is more than 2x the take profit.
