We are pleased to review ForexPipStack as its a completely new and state of the art trading system that is yet to launch.We are writing this review based on our analysis of Beta Copies sent out for review purposes by ForexPipStack.
5 Separate Trading Methodologies
ForexPipStack is a very sophisticated piece of automated trading software that is actually 5 separate trading methodologies rolled into one complete system.Its just not a software its a complete package needed for a forex trader.This will undoubtedly be one of the most advanced and most profitable Forex products to hit the market.
The Strategy
As previously mentioned, ForexPipStack is actually 5 separate Forex systems rolled into one state of the art automated trading package. An important note about the system is its advanced risk management feature that is applied to every trade in every strategy. Utilizing this feature, users will never have to worry about their Forex account being “blown out” or severely crippled. The system primarily trades on a 15 minute chart of the EUR/USD, AUD/USD, & USD/CHF. With that being said, let’s explore some of the individual systems in detail.
5 Unique Systems In 1
Turbo Trend
Turbo Trend is the result of an extensive trend based algorithm that constantly monitors the trend on every time frame. When short fluctuations take place against an established trend (as dictated by the larger time frames), the system place a trade to take advantage of the temporary fluctuation in price.
Range Bound
Range Bound was designed to trade in dormant market conditions where prices tend to fluctuate back and forth without much break out. At certain points in the trading day, markets get very quiet and inactive; this inactivity can be taken advantage of by quick scalps and predictable support and resistance plays.
Hedge Elite 2.0
The Forex market can be broken down into three trading sessions, the Asian session, the European Session, and the U.S. Session. These sessions will overlap throughout the day and correlations between trading sessions can easily be determined and utilized for trade placement. When moving from session to session, trades will often need to be placed in order to hedge short term price deviation.
Market Swing XL
Swing trading is a type of market trading that has been around and evolved for decades. A historic swing hi or swing low can easily be calculated and this data can be used to help determine how deep the next swing will be. Combining this type of analysis with a support and resistance breakdown leaves us with a system that is very accurate in both market entry and stop placement.
Scalp FX
Scalp FX was designed to take advantage of temporary overbought and oversold conditions in the market. Often, when news or some sort of economic event occurs, traders tend to over react. This over reaction creates opportunities for a very limited amount of time.
The combination of the five systems allows for trading system diversification that is unseen in the majority of commercial Expert Advisors. This diversification concept combined with thorough risk analysis makes this trading system completely revolutionary. Positive expected performance on 5 systems combined with a low draw down and diversification is why this system is able to profit the way it does.
The Verdict.
ForexPipStack works because it utilizes a gentle combination of investment fundamentals with thorough market analysis. The combination of the 5 systems allows us to literally take a picture of the market and know which system to apply in live trading. It was once said, “Markets are the same as they were 50 years ago, they’re always changing”. Because of this, we know that in the coming months, markets may make unprecedented moves and may need to be looked at from a different form of analysis. ForexPipStack will keep all its users up to date with consistent system improvements.
ForexPipStack is not yet ready for launch but you can pre-order and join the pre launch webnairs going to held to brief customers about the features in detail. Click Here
{ 0 comments }
