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System: Tight Scalper MULTI Broker LCG

Description: EURUSD
Coefficient for margin usage=0.8
GBPUSD
Coefficient for margin usage=0.2
USDJPY
Coefficient for margin usage=0.2

Type of Trading: Real

Broker: LCG Markets

Started: Aug 13, 2015

Views: 150

Tracking: 7 users

Currency Pairs: EURUSD, GBPUSD, 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 Tight Scalper MULTI Broker LCG system has made 119 trades with an average winning trade of 7.03 pips / $9.57, the average losing trade around -3.56 pips / -$12.79 and an average trade length of 2m.

The best trade it ever had was (Aug 18) 15.0 in pips and the worst trade was (Sep 10) -9.9 in pips.

It has won (34/56) 60% of its attempted buys and (45/63) 71% 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 stop loss is less than 50 pips which is reasonable.,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″ ]Average win under 10 pips so its most likely a scalper that will be very broker sensitive.,

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