Forex Average Pip Gain / Average Pip Loss

jd1888

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Hi All, I am very new to trading so any advice would be great. I have tested a system with a 304 pip gain and 62 pip loss. The average pip gain is 16 and the average pip loss is 2.96. I would like to know if these figures are what you could expect from the EUR/USD market? Also the 16 to 2.96 ratio is this good/bad?

Thanks
 
Its good. Although it would help to know the frequency of wins and losses not just their size. But if the average gain is 16 and loss is 2.96 then the profit factor is 5.4 and anything over 2 sounds like a good place to be.
 
Its good. Although it would help to know the frequency of wins and losses not just their size. But if the average gain is 16 and loss is 2.96 then the profit factor is 5.4 and anything over 2 sounds like a good place to be.

Thanks very much for the response. The frequency is about every 5 trades for the gains but there is 1 to 3 positive trades in a row the losses are 1 to 5 trades in between the positive trades. also the 304 EUR/USD market? Thanks again.
 
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