Moving average must be less than age of system, which is 2134 days.
Instruments
Forex
Strategies
Technical analysis
System started
4/1/2006 (71 months ago)
System developer
ForexTipsnPips (Last login to C2: 12/30/09 16:07)
C2 Score: 651
What is the C2 Score?
Collective2 rates every trading advisor in its database and assigns a score between 100 and 1000.
In general, a rating above 500 is good. A rating above 700 is excellent.
Collective2 Ratings are recalculated daily based on the entire performance history in our database. The exact formula we use is proprietary, but there are several key variables that go into the Collective2 Rating.
One of the most important factors is the length of time we have been able to observe the performance of the trader.
Another key factor is the amount by which the trader over-performs or under-performs the S&P 500 index.
Finally, the choppiness of the trader's results is taken into account. Certainly a more consistent trader will be rated more highly than a trader with erratic results.
Our "Forex PipsnTips" recommendation is based on real-time market watch, as a result trade signals may be triggered on short notice. E-mail notification is available to ensure that our reccomendation reaches you before the entry quote is hit. However we offer no guarantee for the timeliness of our signals, nor for the result thereof.
Recommended trades for 10 pips are normally posted once a day. The buy/sell signals we provide for all trades should be considered as valid ONLY if the entry quote is reached AFTER the time of our signal.
When a given trade is marked as -c- it means that it has been cancelled and a new signal may come to replace it on the same day. However, once the exact entry point is reached the trade will not be cancelled, it will either meet its target or trigger a stop loss.
The entry/exit points and the results of the daily trades are analyzed according to the Bid/Ask quotes of Oanda Corp. trading platform. Please be aware that actual quotes may differ from broker to broker. We are placing a test order on our Oanda platform for each signal we send out, with the exact same values as those displayed on our website. The result we post for each trade is the actual result of this test trade, so that there should be no doubts as to whether the entry or exit points were indeed hit. We are strongly advising our subscribers to check carefully with their brokers the difference in quotes and the spread each time they are using our signals.
Our signals do include the spread. This means that when we send out a SELL signal, we will sell exactly when the "bid" quote on Oanda displays the corresponding value and buy (SL or TP) only when the "ask" quote on Oanda reaches either our SL or TP level. That means that for each trade we win we are effectively making 11.5 pips (10 pips + 1.5 spread), while for every trade we lose we are effectively losing 13.5 pips (15 pips SL - 1.5 pips spread). Of course if you are using a wider spread these values should be modified accordingly.
Please be aware that sometimes the result of our signal may not be displayed immediately after the trade is closed. However we do our best to update it as soon as possible.
There is no specific timeframe when we are sending out the 10 pips signals, that is why we are offering e-mail notification to ensure that our subscribers get the signals on time.
Our monthly and yearly objective is to have a minimum of 70% win rate. Also keep in mind that this strategy cannot produce more than 200 pips per month, and that only in the case of a highly improbable 100% win rate.
Reports of our strategys results will be made available on a monthly and yearly basis.
- This System Description text was submitted by the creator of this strategy. Collective2 verifies only trading signals and hypothetical trading results. We have not verified that this text above is an accurate system description. Remember there is a substantial risk of loss in trading. Past performance is not indicative of future results. Do not trade with money you cannot afford to lose.
There is a free trial period of 14 days before you are charged.
You may cancel at any time before this (we send you an email at least a day before, to remind you, so there are no surprises.)
Then, after the trial, you will be charged $175 per month. (That is, we will charge you every 30 days - not when the month name on the calendar changes. So it's okay to sign up towards the end of a calendar month. You'll still get a full 30 days.)
We provide our customers with independent advisory services and personalized consulting for trading the FOREX market successfully.
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- This text was submitted by the creator of this strategy. Collective2 verifies only trading signals and hypothetical trading results. We have not verified the Overview text above. Remember there is a substantial risk of loss in trading. Past performance is not indicative of future results. Do not trade with money you cannot afford to lose.