Description: Instruments: Forex (Majors)
Trading Strategy: Scalper, Trend Follower, Breakout, Volatility Breakout
Trading Hours: all sessions
You can now copy this system by clicking the blue ‘Copy’ button at the top of the system page.
Type of Trading: Real
Broker: JFD Brokers
Started: May 29, 2015
Tracking: 8 users
Currency Pairs: AUDJPY, AUDNZD, AUDUSD, CADCHF, CADJPY, CHFJPY, EURCAD, EURCHF, EURGBP, EURJPY, EURNZD, EURUSD, GBPCAD, GBPCHF, GBPNZD, GBPUSD, NZDUSD, USDCAD, USDCHF, USDJPY
Essentials: The TomMunich system has made 2951 trades with an average winning trade of 11.84 pips / , the average losing trade around -32.73 pips / and an average trade length of 13h 16m.
The best trade it ever had was (Jun 28) 160.1 in pips and the worst trade was (Jun 18) -244.1 in pips.
It has won (1076/1494) 72% of its attempted buys and (1003/1457) 68% of its attempted sells.
Pros & Cons
- Its average win is larger than 10 pips which is usually a good thing.
- Its average stop loss is less than 50 pips which is reasonable.
- Prone to large drawdowns.
- Bad risk:reward ratio. Stop loss is more than 2x the take profit.