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System: Replicated L5

Description:

Type of Trading: Real

Broker: Oanda

Started: Jul 31, 2015

Views: 19

Tracking: 0 users

Currency Pairs: EURGBP, EURUSD, GBPUSD, USDCAD, 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 Replicated L5 system has made 82 trades with an average winning trade of 9.91 pips / , the average losing trade around -9.46 pips / and an average trade length of 1h 52m.

The best trade it ever had was (Aug 05) 56.8 in pips and the worst trade was (Aug 12) -30.5 in pips.

It has won (25/39) 64% of its attempted buys and (22/43) 51% of its attempted sells.[/quote]

[box][icon type=”vector” icon=”enotype-icon-thumbs-up” size=”32″ hover_animation=”border_increase” ][icon type=”vector” icon=”enotype-icon-thumbs-down” align=”right” size=”32″ hover_animation=”border_increase” ]

Pros & Cons

[one_half]Pros

[list icon=”enotype-icon-thumbs-up” align=”left” icon_color=”#4cb218″ ]Its average stop loss is less than 50 pips which is reasonable.,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″ ]Average win under 10 pips so its most likely a scalper that will be very broker sensitive.,

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