Description: Dear Myfxbook,
This is PROVEN algorithm trading system that we use since 2012.
This is a 9Level Algorithm, Very proven…
Which now we want to open to public
Type of Trading: Real
Started: Feb 05, 2013
Tracking: 1 users
Currency Pairs: AUDUSD, EURAUD, EURCHF, EURGBP, EURJPY, EURNZD, EURUSD, GBPJPY, GBPUSD, NZDUSD, OILUSD, USDCAD, USDCHF, USDJPY
Essentials: The Wallstreet888 system has made 2031 trades with an average winning trade of 31.96 pips / , the average losing trade around -42.57 pips / and an average trade length of 2d.
The best trade it ever had was (Jun 13) 346.5 in pips and the worst trade was (Mar 19) -329.7 in pips.
It has won (769/1167) 65% of its attempted buys and (518/864) 59% 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.