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System: SMILe FX

Description:

Type of Trading: Real

Broker: SVSFX

Started: Dec 03, 2013

Views: 71

Tracking: 0 users

Currency Pairs: AUDNZD, AUDUSD, EURGBP, EURUSD, GBPUSD, NZDUSD, USDCAD, USDCHF, 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 SMILe FX system has made 801 trades with an average winning trade of 23.16 pips / , the average losing trade around -68.55 pips / and an average trade length of 5d.

The best trade it ever had was (Jan 23) 152.1 in pips and the worst trade was (Sep 17) -461.4 in pips.

It has won (369/510) 72% of its attempted buys and (203/291) 69% of its attempted sells.[/quote]

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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″ ]Bad risk:reward ratio. Stop loss is more than 2x the take profit.,

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