Description: I use technical analysis for placing my orders and robots.
Type of Trading: Real
Started: Jan 20, 2015
Tracking: 2 users
Currency Pairs: AUDCAD, AUDJPY, AUDNZD, AUDUSD, CADJPY, EURAUD, EURCAD, EURCHF, EURGBP, EURNZD, EURUSD, GBPAUD, GBPCAD, GBPCHF, GBPNZD, GBPUSD, NZDUSD, USDCAD, USDJPY
Essentials: The PRO_FX01 system has made 1030 trades with an average winning trade of 16.30 pips / $32.19, the average losing trade around -34.91 pips / -$63.08 and an average trade length of 7h 5m.
The best trade it ever had was (Aug 18) 218.7 in pips and the worst trade was (Aug 24) -645.8 in pips.
It has won (385/564) 68% of its attempted buys and (307/466) 65% 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.
- Prone to large drawdowns.
- Bad risk:reward ratio. Stop loss is more than 2x the take profit.