System: Profit Multiplier Modified
Description:
Type of Trading: Real
Broker: Forex4you
Started: Oct 28, 2014
Views: 5
Tracking: 0 users
Currency Pairs: AUDCAD, AUDCHF, AUDNZD, AUDUSD, EURCAD, EURGBP, EURJPY, EURNZD, EURUSD, GBPAUD, GBPCAD, GBPCHF, GBPJPY, GBPUSD, USDCAD, USDCHF, USDJPY
Essentials: The Profit Multiplier Modified system has made 406 trades with an average winning trade of 170.83 pips / , the average losing trade around -143.65 pips / and an average trade length of 7d.The best trade it ever had was (Aug 24) 1626.3 in pips and the worst trade was (Aug 24) -1118.5 in pips.
It has won (127/189) 67% of its attempted buys and (146/217) 67% of its attempted sells.
Pros & Cons
Pros
Cons
- Its average win is larger than 10 pips which is usually a good thing.
- Drawdown has been kept under 30% which is good.
- Uses a potentially huge and dangerous stop loss.