System: Smart Algo Trader 18
Description: Algorithmic currency trading. Based on an original Trading Algorithm. Implements many trading aspects, as well as portfolio management, investment strategies and tactics.
Type of Trading: Real
Started: Dec 11, 2014
Tracking: 0 users
Currency Pairs: AUDUSD, CADCHF, EURGBP, EURJPY, EURUSD, GBPCHF, USDCAD, USDJPY
Essentials: The Smart Algo Trader 18 system has made 186 trades with an average winning trade of 139.01 pips / $60.03, the average losing trade around -395.27 pips / -$158.07 and an average trade length of 26d.
The best trade it ever had was (Jun 07) 658.3 in pips and the worst trade was (Jun 07) -1329.3 in pips.
It has won (55/64) 85% of its attempted buys and (102/122) 83% of its attempted sells.
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.