Developed by Jon Kopitar who is a long time private EA developer, Piptronic is a new generation expert advisor forex trading software. There are 2 versions of this software currently available in the market. They are Piptronic 1 and Piptronic 2. Usually when you buy Piptronic 2 the other Piptronic 1 comes bundled along with it. You can buy this piece of software for $129.99 and use it. If you are not satisfied with the functioning of the software during the risk free period of 30 days simply return it and you will get 100% refund.
Both versions of Piptronic have some interesting features namely the following:
Piptronic2 differs from Piptronic1 in that Piptronic2 has the following added features.
Now here is a brief explanation of some of these features and how it correlates to your forex trading activity.
Built in market timing algorithm simply means that Piptronic does not do any random buy or hold trades. On the contrary each and every trade that is done is based on data evaluated over several days. In other words this feature ensures that you get the market timing right in forex trading. It could make the difference between making healthy profits and getting your account wiped out. Market timing is one of the key features that Piptronic uses to make profits.
Agreed Piptronic has its core strategy which it follows diligently particularly the trend adapting technology. But when the market changes what happens? In that eventuality Piptronic puts its core strategy aside. Then it proceeds to analyze the upcoming market data and figures out how to profit from the newer market conditions.
That’s what makes Piptronic different from most Expert Advisors. That’s also the reason why Piptronic trades 1-3 times per day, making sure that those are indeed the absolutely safest trades to make. Most expert advisor trading softwares look good so long as market conditions fit in well with their core strategy. That’s always been the problem with automated forex trading software. For example, the strategy for some software maybe to work well in a trending market whether it is upward, downward, or sideways. If the market fits with one of these conditions it works well otherwise not. However Piptronic does not have a stagnant core strategy. In other words it is always flexible, always trying to analyze the market for what it is.
Piptronic money management is a ground-breaking feature. This feature looks to increase your long-term profits but may in the process curtail your short term profits. For example imagine for a moment that you had made a profit of $100,000 with the money management system turned off. But the profit would have been $75,000 if you had the money management system turned on. Why the lowering of profits initially when you have the money management system turned on? It is simply to implement a long term strategy. But if you continue to keep the money management system turned on in subsequent years, you will see your profits jump several times more.
NOS system has got to do with boosting your profit capabilities. On loading Piptronic you will see the NOS setting. Switch it on and you will see your profits increasing. Maybe it has got to do with drawdown as they never go below 10%. It indeed keeps the reliability standards of Piptronic in check. That means the winning percentage with Piptronic is well above 90%.
Piptronic is meant for the discerning forex trader who has some experience in forex trading. It may not suit the newbie forex trader. Support services are only provided to buyers of software. Refreshingly Piptronics provides a physical postal address at its website.