System: Soliton Falcon
Description: Created by Math Professor, this sysetm includes 8 back- and forward-tested robots operating in multiple timeframes for AUD, NZD, GBP, CHF and CAD crosses. Each robot has theoretical profitability > 2 for 2010-2013 backtesting period. The system opens only limit orders patiently waiting for highest probability entries.
Type of Trading: Real
Started: Feb 27, 2013
Tracking: 63 users
Currency Pairs: AUDCAD, AUDCHF, AUDJPY, AUDNZD, AUDUSD, EURAUD, EURCHF, EURUSD, GBPAUD, GBPCAD, GBPUSD, NZDCAD, NZDUSD, USDCAD, USDCHF
Essentials: The Soliton Falcon system has made 527 trades with an average winning trade of 14.75 pips / , the average losing trade around -53.34 pips / and an average trade length of 10h 12m.
The best trade it ever had was (Mar 06) 95.8 in pips and the worst trade was (Jan 21) -229.9 in pips.
It has won (197/237) 83% of its attempted buys and (243/290) 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.
- Bad risk:reward ratio. Stop loss is more than 2x the take profit.