Description: Both fundamental and technical analysis used to form the trading strategy. Mainly major FX pairs and metals are traded, using multiple technical tools as a benchmark to measure market volatility, as well as monitoring all economic news which might affect the market.
Type of Trading: Real
Started: Jul 20, 2015
Tracking: 0 users
Currency Pairs: AUDCAD, AUDUSD, EURAUD, EURCHF, EURUSD, GBPCAD, GBPJPY, GBPUSD, USDCAD, USDCHF, USDJPY, XAUUSD
Essentials: The SteadyGrowth system has made 382 trades with an average winning trade of 73.96 pips / , the average losing trade around -115.94 pips / and an average trade length of 14h 6m.
The best trade it ever had was (Aug 07) 711.0 in pips and the worst trade was (Sep 09) -1158.0 in pips.
It has won (292/334) 87% of its attempted buys and (28/48) 58% 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.