StealPips Review

Forex Weapon: Stealpips

Rating: 75pts / 100pts (Class B – Forex Trading Robot)

Intra-day trader + Long Term Opportunity Seeker

StealPips is an automated trading robot created based on the idea of mixing trades between short and long term time frames.

The expert advisor will try to look for trades every single day and meanwhile on the lookout for longer term trades.

This is a good trading strategy that I have been using. There are times when you get good and powerful trends that give you the biggest profits for the year.

And when the market is just not moving anywhere, intra-day trading within that tight range is more feasible.

Trades 2 currencies for further diversification

This trading strategy of short and long trading is adopted on 2 trading currencies to enhance the diversification effect. This means that your account will be less likely hit by some serious account damage due to huge trend reversal or currency-related news.

Perhaps the developer could add 1 more currency to perfect this pillar of diversifcation since trading 3 currencies is safer than 2.

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2 trading algorithms – APAR , TULB

The StealPips expert advisor uses 2 trading algorithms to determine whenever trades are to be taken. These 2 algorithms are call APAR(Automated Price Action Recognition ), TULD (Trend and U-Turn Points Detector).

APAR is responsible for analysing the short and long term price behaviour of the currency to determine whether a LONG or SHORT is more profitable.

TULD is used to analyse the current trends of the currency and whether a trend reversal is likely or not.

Other Features of StealPips EA

Steal Pips Works continuously, 24/5 and enters trades during all world trading sessions throughout the day.

Automatically supports 5-digit brokers.

Automatically supports ECN-type brokers.

Stealth Mode / Broker Protection

Money Management / Risk Management

Recognizes fundamental analysis scenarios and self-adjusts to these scenarios, 100% on auto pilot. StealPips Review

Judge the RESULTS yourself

Ok the most important part is the RESULTS. No matter what they, only results matter !

The developer team will be uploading LIVE trading results for us to see.

So we can have a feel of how the forex robot trades, profits, stoploss and etc.  The forex robot will be launching on 30 Mar ’10 so stay tuned for the launch then.

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