The PipBoxer Review...
Welcome to the PipBoxer Review,
To go directly to the PipBoxer Website please click this link
If your not fully aware of the Forex PipBoxer let me take a minute to explain a little how this trading system works.
The PipBoxer team are basically solution providers for Forex traders,who focus on developing Automated Trading Systems for the Metatrader platform.
Experts in developing customized trading programs, their focus is on profitable strategies, risk management and money management. There main product, the PipBoxer v2.0, includes 12 trading programs that enable any trader to trade up to 11 currency pairs.
You can visit the video page on their site to see how their system works for a single trade and/or multiple trades within a specific time period. For single trades you will see demonstrations on how the analysis and automated money management tools work.
For the multiple trade videos, these demonstrate how your account balance can potentially grow using the PipBoxer v2.0. The videos observe the outcome of the risk management tools.
You will see demonstrations on how the trading system changes the lot size according to the involved risk within a trade and the account. When faced with drawdown, you will also notice how the system saves the account.
PipBoxer Review of Blogs
There is also an official PipBoxer Blog linked to their site. Here you can observe live trade updates from traders using this software and a multitude of archive material from traders posted daily. (You don't have to be signed up to view this).
PipBoxer Review of Forums
There is an official PipBoxer forum once you join but if your scour the Forex Chat Forums and search "PipBoxer" you will also find real feedback from current traders.
One site which is very popular amongst Forex traders is the hotstockmarket(dot)com forum. Again, use their search tool to search for forex pipboxer and there are a number of threads related to this trading system.
Here is a screen shot of one poster who posted an image of their May 2007 - May 2008 annual PipBoxer live trades report on hotstockmarket.com:
Jun 10th, 2008, 10:21 PM
"I apologize for not keeping this up to date. I thought I would share the results for trading on a live account for a full year. All of this is on the live statement and you can currently see it running now. here is the break down of the pairs and what they yielded. Our VAR has been adjusted to match the last year performance for optimization."
www.pipboxer.com
Posts
Way better than Forex EA, can't believe hardly anyones heard of it - still - more for the few!
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The algorithm will only be as good as the trader who wrote it. A safer way to start is to use the algorithm of the more experienced.
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check it out if you want.
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