System: Tyche2 — risk 0.5 (Started Dec 2014 – trifia)
Description:
Type of Trading: Real
Broker: ThinkForex
Started: Dec 04, 2014
Views: 220
Tracking: 2 users
Currency Pairs: AUDUSD, EURAUD, EURCAD, EURUSD, GBPAUD, GBPCAD, GBPJPY, GBPNZD, GBPUSD
Essentials: The Tyche2 — risk 0.5 (Started Dec 2014 – trifia) system has made 222 trades with an average winning trade of 16.41 pips / $16.71, the average losing trade around -33.79 pips / -$35.60 and an average trade length of 3h 20m.The best trade it ever had was (Jan 12) 93.4 in pips and the worst trade was (Aug 26) -143.7 in pips.
It has won (81/115) 70% of its attempted buys and (71/107) 66% of its attempted sells.
Pros & Cons
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.
