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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[/one_half]

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[quote bcolor=”#06afe8″ arrow=”yes” width=”100%”][icon type=”vector” icon=”fa-icon-cogs” size=”32″ hover_animation=”border_increase” ]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.[/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.,Its average stop loss is less than 50 pips which is reasonable.,[/list][/one_half]Cons

[one_half_last] [list icon=”enotype-icon-thumbs-down” align=”right” icon_color=”#e31616″ ]Prone to large drawdowns.,

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