Forex scalping system review

Forex scalping system review

Author: ArZ On: 13.07.2017

The Hybrid Scalping System by janpec was crowned as the Best Forex Trading System for June.

Forex Scalping - Extensive Guide on How to Scalp Forex

This mechanical trading system makes use of the Ichimoku Kinkyu Hyo indicator and incorporates seldom used indicators from other systems, such as the Trading Made Simple TMS and the Hopwood As always, I evaluate these results based on my the Robopip Standard for Mechanical Systems.

With a huge Keep in mind that, even though the system churned out a lot of buy and sells signals, the results only span a relatively short period of time.

This means that the results could be a lot different if the system were backtested for over a year.

forex scalping system review

Nevertheless, the system did a great job in letting profits run. Meanwhile, the average winning trade in pips was more than 20 pips, which yields a reward-to-risk of greater than 1: The way the system handles risk is excellent.

If you look at the statistics, the average loss in pips was only at 9.

System Review: Hybrid Scalping System - pupuzifecose.web.fc2.com

This is more than half of the initial stop loss of 20 pips. As for newbie-friendliness, I gave the system a relatively low score as it is a very intense scalping strategy, a different kind of charting system, and uses numerous and relatively unpopular indicators.

Despite its drawbacks and shortcomings, I think the system is a very good one because at the end of the day, it can make a lot of money. After all, one cannot possibly take all the trades the system produces!

It's not what happens to you; it's what you do about it that makes the difference. We introduce people to the world of currency trading, and provide educational content to help them learn how to become profitable traders.

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