The strategy provider (SP) we are going to talk about this week is “CTrend FX”.
This SP has been running for 11 months since its inception. They have a maximum drawdown of 26% and therefore, we would categorize them as a medium risk SP. Furthermore, their average returns per month are at 12.87%, which would make them one of the more well-balanced Strategy Provider.
Another reason why I choose this SP is because of its clear descriptions. They mentioned that their trading system is based on purely technical analysis and trades are executed automatically.
From the table below, you can see that their returns since inception look very impressive, with no losses at all.
What impresses me about this SP is their percent vs pips performance chart. We can see that the chart is almost perfectly aligned. This shows that the SP is managing their lot sizes adequately.
From their trading statement, it seems like they do not set a stop loss. You can check out our old Copy Tip videos to find out how to spot SPs who do not set a stop loss through their trading statements.
Their average pips per trade came in at about 23.9 pips, which is fantastic, as this would mean the 0.7 pip commission charged by CopyPip will not affect the PnL that much.
Lastly, they are pretty diverse in terms of the instruments they trade as you can see below that they trade a variety of currency pairs.
Fullerton Markets Research Team
Your Committed Trading Partner
