System: SmartScalper
Description: Fully automated.
TP 30 pips. SL around 100 pips.
additional trades are entered at every -30 pips till the SL level.
Type of Trading: Real
Broker: HotForex
Started: Dec 09, 2013
Views: 22138
Tracking: 157 users
Currency Pairs: CADCHF, CADJPY, CHFJPY, EURAUD, EURCAD, EURJPY, EURNZD, EURUSD, GBPAUD, GBPCAD, GBPCHF, GBPJPY, GBPNZD, GBPUSD, NZDCHF, USDCAD, USDJPY
Essentials: The SmartScalper system has made 749 trades with an average winning trade of 20.77 pips / $10.02, the average losing trade around -35.20 pips / -$22.78 and an average trade length of 7h 49m.The best trade it ever had was (Aug 18) 131.3 in pips and the worst trade was (Sep 17) -291.2 in pips.
It has won (290/396) 73% of its attempted buys and (270/353) 76% of its attempted sells.
Pros & Cons
Pros
Cons
- Its average win is larger than 10 pips which is usually a good thing.
- Its average stop loss is less than 50 pips which is reasonable.
- Prone to large drawdowns.
