System: Quartz
Description: Strategy – The Quartz strategy is traded with an EA which was developed to continually scan the market for significant changes in market sentiment. When these shifts occur, Quartz adapts its formula to trade in response to the change. It is an extremely intelligent system that works with over 10 sub-strategies and 10 unique filters. Quartz does not trade with lagging indicators, and does not trade with a grid or employ martingale techniques.
Type of Trading: Real
Broker: FXOpen
Started: Aug 17, 2015
Views: 23
Tracking: 0 users
Currency Pairs: AUDJPY, AUDNZD, AUDUSD, EURAUD, EURCAD, EURGBP, EURJPY, EURUSD, GBPAUD, GBPJPY, GBPUSD, NZDUSD, USDCAD, USDCHF, USDJPY
Essentials: The Quartz system has made 391 trades with an average winning trade of 16.67 pips / , the average losing trade around -36.56 pips / and an average trade length of 5h 20m.The best trade it ever had was (Aug 24) 150.6 in pips and the worst trade was (Sep 02) -174.9 in pips.
It has won (118/138) 85% of its attempted buys and (215/253) 84% 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.
- Bad risk:reward ratio. Stop loss is more than 2x the take profit.
