System: Smart Algo Trader MAM GPB
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 26, 2014
Tracking: 0 users
Currency Pairs: AUDUSD, CADCHF, EURGBP, EURJPY, EURUSD, GBPCHF, GBPUSD, USDCAD, USDJPY
Essentials: The Smart Algo Trader MAM GPB system has made 123 trades with an average winning trade of 182.51 pips / £109.59, the average losing trade around -586.98 pips / -£114.27 and an average trade length of 37d.
The best trade it ever had was (Jul 13) 718.6 in pips and the worst trade was (Jun 03) -1180.0 in pips.
It has won (32/34) 94% of its attempted buys and (67/89) 75% of its attempted sells.
Pros & Cons
- Its average win is larger than 10 pips which is usually a good thing.
- Uses a potentially huge and dangerous stop loss.
- Prone to large drawdowns.
- Bad risk:reward ratio. Stop loss is more than 2x the take profit.