Manage The Pip a Tool for my Manual Trades

[broylesfx]

Manage The Pip expert Adviser from www.ManageThePip.com.

I am the owner of a company that has developed an EA that goes a different route than most expert advisers out there. This tool has been used on live account and has helped live traders maximize their profits by keeping in the good trades longer and getting them out of the bad trades sooner.

This expert advisor is different than most in that its primary focus was to create a tool to manage your manual trades. It has many different methods to control your money management so that after you enter a trade, you can walk away and let your own personal trade management take over. Why spend hours watching a trade after you have started it? I for one get in more trouble when I sit and watch it, I get tempted to exit too soon and not let the trade mature. I break my own rules and either get out to late when a trade goes south or get out to early when I am winning. This is one of the most frustrating aspects of trading and this tool takes that mental game out of it. You set your profit profile in the EA and let it take that mental game out of the picture. You walk away and just wait for your email updates. Many tools provide basic settings such as trailing stops, lot size calculation based on percentage, and take profit techniques. But this tool provides these and much more! It has 4 trailing stop levels, lock in profit level, 4 take profit and 4 take loss levels. It has Fib trailing, Fib Take Profits, and Fib Lock in levels. Then even more unique methods such as a Moving Average Trailing stop that moves the trailing stop along a moving average! It also includes lot size calculation based on percentage you want to risk.

But even some ea's may have similar settings to these, but then this is where this tool takes it to a new level. It includes a way to expand your take profit levels dynamically! You pick the minimal profit level you wish to take and it will hit it or go even beyond if it detects the market is still moving in your direction. Then in order to pull you away from the computer, it allows you to set a moving average cross that will automatically trigger a trade, so no more waiting for that perfect entry signal if you already know the general direction of the currency !

But I have saved the best for last. The developers have come up with a way to allow traders to train using this EA and the MT4 platform! You turn on this tool then use the back tester in MT4, you pick when you want to go a direction and it triggers a trade in the Back Tester! Then you can see your results! This is so addicting that you will spend hours testing out your trading method. This tool empowers the trader to grow in their abilities. This EA doesn't claim to be a magic box that you just set and forget, nothing with do that period. However, this tool allows you to focus more on the entry and takes the mental game out of the managing the trade! I love this tool!

Here are just some of the features.
Stop Loss Management
Trailing Stop Management (4 different levels)
Negative Trailing Stop Management
Take Profit levels (4 different levels)
Take Loss levels (4 different levels)
Lock in Method
Moving Average Trailing Stop
Moving Average Cross
Trend Mode
Span Mode
Average True Range Mode
Email Capabilities
Trainer Tool
Profit Profiles for all Currencies (Let us help you setup your profile on a currency )
24-7 support
Easy Setup!

Happy Trading!

[cogs]

$247us ??

[broylesfx]

Yes 247$ US

[Timber]

I'm glad to see someone post a bit about this EA. I've been using version 1.5 myself since October 09 with good consistant results and will definately upgrade for the additional tools you mention. Nice job on this EA.

[broylesfx]

I have been using this EA as a signal provider with great results. I have went from rank 2400 to 23. http://www.zulutrade.com Look up the performance of PipStalker and view the results.

Good Trading.

[broylesfx]

I wanted to go into more details on how the Trainer application works with ManageThePip EA. First you must be using Metatrader 4 and you must have the retail version of ManageThePip installed. http://www.managethepip.com

1. Start the Strategy Tester in MT4.
2. Pick the currency you wish to trade, along with the date range .
3. Configure the ManageThePip EA to work with the same currency and enable trainer mode.
4. Check the box to view the chart on the screen in the strategy tester and then click start.
5. I then pause the screen, so that I can setup the chart to my default settings I like to use.
6. Push Play and wait for your signal to enter a trade
7. When your indicators show on the chart to enter, click the Buy or Sell button on the trainer app, and it will open a trade in the Strategy Tester.
8. Let the EA manage it with setting a stop loss, trailing stops, ect.
9. Continue through the date range and see how your method worked!
10. Repeat

This Trainer tool is the only tool I have seen on the market that can improve and prove a persons trading method. You develop your own plan then test it over a large period of time to prove it out. It allows you to see price action which is something no auto trader is capable of doing.

The EA focuses on the trade after it has been initiated, you still need to decide when to get in, and that's where the Trainer allows you to teach and prove your method to yourself, so that you have the confidence to enter a trade.

Please email me or post if you have any questions about this tool.

Thanks,

[broylesfx]

I wanted to let everyone know that the developers of Manage The Pip now have a free Demo of the EA and the Trainer application available at www.ManageThePip.com.

[Marguerita]

Originally Posted by broylesfx

I have been using this EA as a signal provider with great results. I have went from rank 2400 to 23. http://www.zulutrade.com Look up the performance of PipStalker and view the results.

Good Trading.

Are you still using Zulutrade? tell me so I can check it out and follow