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System: TAC+TICs

Description:

Type of Trading: Fundamental

Broker: Tickmill

Started: Jan 29, 2014

Views: Tickmill

Tracking: 51 users

Currency Pairs: AUDCAD, AUDJPY, AUDUSD, CADJPY, EURAUD, EURJPY, EURNZD, EURUSD, GBPAUD, GBPCAD, GBPJPY, GBPUSD, NZDCAD, NZDJPY, NZDUSD, 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 TAC+TICs system has made 148 trades with an average winning trade of 76.97 pips / $9.13, the average losing trade around -345.32 pips / -$33.15 and an average trade length of 15d.

The best trade it ever had was (Jan 05) 1178.5 in pips and the worst trade was (Jan 05) -1633.8 in pips.

It has won (93/107) 86% of its attempted buys and (34/41) 82% of its attempted sells.[/quote]

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Pros & Cons

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[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.,[/list][/one_half]Cons

[one_half_last] [list icon=”enotype-icon-thumbs-down” align=”right” icon_color=”#e31616″ ]Uses a potentially huge and dangerous stop loss.,Prone to large drawdowns.,Bad risk:reward ratio. Stop loss is more than 2x the take profit.,

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