[box]

[one_half]

System: Smart Algo Trader 16

Description: Algorithmic currency trading. Based on an original Trading Algorithm. Implements many trading aspects, as well as portfolio management, investment strategies and tactics.
http://www.smartalgotrader.com/

Type of Trading: Real

Broker: FXCM

Started: Dec 11, 2014

Views: 4

Tracking: 0 users

Currency Pairs: AUDUSD, CADCHF, EURGBP, EURJPY, EURUSD, GBPCHF, GBPUSD, USDCAD, USDJPY[/one_half]

[one_half_last]

[/one_half_last][/box]

[quote bcolor=”#06afe8″ arrow=”yes” width=”100%”][icon type=”vector” icon=”fa-icon-cogs” size=”32″ hover_animation=”border_increase” ]Essentials: The Smart Algo Trader 16 system has made 249 trades with an average winning trade of 104.93 pips / €37.70, the average losing trade around -284.20 pips / -€66.75 and an average trade length of 21d.

The best trade it ever had was (Jun 04) 713.6 in pips and the worst trade was (Jun 04) -1227.4 in pips.

It has won (70/78) 89% of its attempted buys and (133/171) 77% 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 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.,Bad risk:reward ratio. Stop loss is more than 2x the take profit.,

[/list] [/one_half_last][/box]