Profit Multiplier Modified

21 September, 2015 admin 0 Comments 1 category

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System: Profit Multiplier Modified

Description:

Type of Trading: Real

Broker: Forex4you

Started: Oct 28, 2014

Tracking: 0 users

Currency Pairs: AUDCAD, AUDCHF, AUDNZD, AUDUSD, EURCAD, EURGBP, EURJPY, EURNZD, EURUSD, GBPAUD, GBPCAD, GBPCHF, GBPJPY, GBPUSD, USDCAD, USDCHF, USDJPY[/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 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.[/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.,Drawdown has been kept under 30% which is good.,[/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.,

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Category: Trading Systems