System: VirtualScalper
Description:
Type of Trading: Real
Broker: FXCM
Started: Feb 21, 2012
Views: 45
Tracking: 1 users
Currency Pairs: AUDUSD, EURJPY, EURUSD, GBPUSD, USDCAD, USDJPY
Essentials: The VirtualScalper system has made 704 trades with an average winning trade of 15.12 pips / $34.95, the average losing trade around -34.33 pips / -$53.21 and an average trade length of 9h 48m.The best trade it ever had was (Aug 19) 63.5 in pips and the worst trade was (Jul 20) -201.0 in pips.
It has won (280/389) 71% of its attempted buys and (243/315) 77% 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.
- Drawdown has been kept under 30% which is good.
- Bad risk:reward ratio. Stop loss is more than 2x the take profit.
