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System: PIST BUY

Description: https://www.mql5.com/en/market/product/6605

Type of Trading: Real

Broker: Oanda

Started: Jul 31, 2012

Views: 267

Tracking: 2 users

Currency Pairs: AUDCAD, AUDJPY[/one_half]

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[quote bcolor=”#06afe8″ arrow=”yes” width=”100%”][icon type=”vector” icon=”fa-icon-cogs” size=”32″ hover_animation=”border_increase” ]Essentials: The PIST BUY system has made 179 trades with an average winning trade of 53.50 pips / , the average losing trade around -162.16 pips / and an average trade length of 7d.

The best trade it ever had was (Nov 02) 361.4 in pips and the worst trade was (Aug 25) -659.1 in pips.

It has won (134/171) 78% of its attempted buys and (4/8) 50% of its attempted sells.[/quote]

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Pros & Cons

[one_half]Pros

[list icon=”enotype-icon-thumbs-up” align=”left” icon_color=”#4cb218″ ]Its average win is larger than 10 pips which is usually a good thing.,[/list][/one_half]Cons

[one_half_last] [list icon=”enotype-icon-thumbs-down” align=”right” icon_color=”#e31616″ ]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.,

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