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System: TomtomFX

Description:

Type of Trading: Real

Broker: GKFX

Started: Mar 25, 2015

Views: 11

Tracking: 0 users

Currency Pairs: USDJPY, AUDUSD, GBPCAD, GBPNZD, EURJPY, CHFJPY, EURGBP, NZDUSD, AUDCAD, AUDNZD, RENNL, AUDJPY, YHOOUS, FLEXUS, EURNZD, ABTUS, EURAUD, GBPAUD, GOLD, EURCAD, GBPJPY, GBPCHF, EURCHF, GBPUSD, CADJPY, USDCAD, NZDJPY, AUDCHF, EURUSD, USDCHF, SP500[/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 TomtomFX system has made 214 trades with an average winning trade of 20.84 pips / £11.45, the average losing trade around -46.19 pips / -£18.84 and an average trade length of 14h 41m.

The best trade it ever had was (Sep 09) 270.1 in pips and the worst trade was (Sep 10) -292.6 in pips.

It has won (54/76) 71% of its attempted buys and (87/138) 63% 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 win is larger than 10 pips which is usually a good thing.,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″ ]Bad risk:reward ratio. Stop loss is more than 2x the take profit.,

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