System: Positive Expectancy
Description: System : Retrace Strategy
Contract Size : 1K
Stop Loss : 50 pips
Profit Target : open
Type of Trading: Real
Started: Feb 23, 2015
Tracking: 4 users
Currency Pairs: AUDCAD, AUDCHF, AUDJPY, AUDNZD, CADCHF, CADJPY, CHFJPY, EURAUD, EURCAD, EURJPY, EURNZD, EURSEK, GBPAUD, GBPCAD, GBPCHF, GBPJPY, GBPNZD, GBPUSD, NZDCHF, NZDJPY, TRYJPY, USDCHF, USDCNH, USDJPY, USDNOK, USDZAR, ZARJPY
Essentials: The Positive Expectancy system has made 78 trades with an average winning trade of 324.00 pips / $15.35, the average losing trade around -39.02 pips / -$2.44 and an average trade length of 2d.
The best trade it ever had was (Apr 20) 2536.8 in pips and the worst trade was (Sep 10) -237.0 in pips.
It has won (3/29) 10% of its attempted buys and (13/49) 26% of its attempted sells.
Pros & Cons
- Its average win is larger than 10 pips which is usually a good thing.
- Its average stop loss is less than 50 pips which is reasonable.
- Drawdown has been kept under 30% which is good.