Forex Pip Stack Review
Forex Weapon: Forex Pip Stack
Rating: 80pts / 100pts (Class A – Forex Trading Robot)
Forex Pip Stack Launching on 27 Apr ’10
Are you ready to stack lots of pips for your forex trading?
At least that’s what the developer of Forex Pip Stack has in mind for you.
Forex Pip Stack is a very complex forex trading EA that is launching on 27 Apr ’10.
While it is very complicated on the inside, it is very easy to use on the outside for users like you and I.
It comes with automated selection of trading strategies and money management to ease the headaches for forex beginners.
Timeframe and Currencies Traded
The forex robot trades on the 15 minute time and trades on EUR/USD, AUD/USD and USD/CHF.
Ok What’s so most outstanding about this forex ea is that there are TOTAL FIVE trading strategies programmed inside.
Such a number is really unheard of. I guess it could probably cover most of the varying market conditions currently encountered.
The 5 trading strategies revealed
Lets take a closer look on how this 5 strategies work:
1. Market Swing XL – The most profitable strategy among the 5.
It follows the nature occurance of trend reversal when important and powerful support and resistance are hit. Trades can stay for days easily.
2. Turbo Trend – This strategy takes advantage of the retracement of smaller trends within the main trend.
3. Range Bound – Ranging market happens during consolidation or indecision period. This strategy looks at the small movement during those tight range of movement.
4. Scalp FX – Intra-day trading strategy. Focus on exploiting temporary retracement due to overbought or oversold market conditions.
5. Hedge Elite 2.0 – Looks out for correlation between different trading sessions and trades short term price deviation
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