Type of Trading: Real
Broker: IC Markets
Started: Feb 03, 2014
Tracking: 0 users
Currency Pairs: AUDCAD, AUDNZD, EURGBP, EURUSD, GBPUSD, NZDCAD
Essentials: The WTR2 system has made 476 trades with an average winning trade of 8.92 pips / , the average losing trade around -24.04 pips / and an average trade length of 4h 22m.
The best trade it ever had was (Jul 28) 60.4 in pips and the worst trade was (Jun 01) -167.5 in pips.
It has won (189/232) 81% of its attempted buys and (184/244) 75% of its attempted sells.
Pros & Cons
- Its average stop loss is less than 50 pips which is reasonable.
- Drawdown has been kept under 30% which is good.
- Average win under 10 pips so its most likely a scalper that will be very broker sensitive.
- Bad risk:reward ratio. Stop loss is more than 2x the take profit.