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System: XM-EUR

Description: I developed "close system". I don’t want any cut loss. I just calculate money management for my account. The only loss on some trade means that I use technique for umbrella scalping, but the main strategy does not rely on scalping.

Type of Trading: Real

Broker: XM

Started: May 20, 2015

Views: 5

Tracking: 0 users

Currency Pairs: AUDCHF, AUDUSD, EURAUD, EURCAD, EURGBP, EURJPY, EURUSD, GBPJPY, GOLDMI, OILMN-, USDCAD, USDCHF, USDJPY, USDNOK[/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 XM-EUR system has made 117 trades with an average winning trade of 46.35 pips / €0.53, the average losing trade around -80.90 pips / -€0.06 and an average trade length of 4d.

The best trade it ever had was (Aug 20) 339.9 in pips and the worst trade was (Jul 23) -80.9 in pips.

It has won (107/108) 99% of its attempted buys and (9/9) 100% of its attempted sells.[/quote]

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Pros & Cons

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[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.,Drawdown has been kept under 30% which is good.,[/list][/one_half]Cons

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