System: Seasonality
Description:
Type of Trading: Real
Broker: Oanda
Started: May 29, 2014
Views: 102
Tracking: 1 users
Currency Pairs: AUDCAD, AUDCHF, AUDJPY, AUDUSD, CADCHF, CADJPY, CHFJPY, EURAUD, EURCAD, EURCHF, EURGBP, EURNZD, EURSEK, EURTRY, EURUSD, GBPAUD, GBPCAD, GBPCHF, GBPJPY, GBPNZD, GBPUSD, NZDJPY, NZDUSD, USDCAD, USDCHF, USDDKK, USDHKD, USDJPY, USDMXN, USDNOK, USDSEK, USDSGD, USDTRY, USDZAR
Essentials: The Seasonality system has made 539 trades with an average winning trade of 45.96 pips / A$0.44, the average losing trade around -271.74 pips / -A$2.11 and an average trade length of 5d.The best trade it ever had was (Oct 30) 1739.0 in pips and the worst trade was (Jan 05) -2726.5 in pips.
It has won (233/258) 90% of its attempted buys and (251/281) 89% 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.
- Bad risk:reward ratio. Stop loss is more than 2x the take profit.