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Old 12-21-2007, 06:06 PM
oilfxpro oilfxpro is offline
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Hi

I really liked the system at first presentation by Dumbsys.I nearly bought it

.Look closely at the risk reward of 1 to 4 ,reward 1 /risk 4. If the market was to become very volatile ie up 35 pips and down 35 pips ,then this system will faily horribly and lose a lot of money.

60 losing trades out of 400 .If you count the risk reward ratio of 1 to 4 and multiply 60 * 4 =240 the real losing trade %..Net effect is 40 % win rate compare to 60 % loss rate.It is still good.This is a commercial EA presented to sell .It is still better ALL THE COMMERCIAL EAS SOLD ON THIS FORUM or ON THE INTERNET

700 pips a year is the performance which is good , sadly it is not my style

OILFXPRO
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