subject: PipStrider EA Review [print this page] The PipStrider EA is based on a mathematical system which is in a class all by itself. It does not depend on indicators, or candlestick patterns. And it is not trying to guess the direction the in which market is going to move. Instead, it is based upon a mathematical pattern. Which is simple and easy to understand.
With the PipStrider EA you will understand how it is trading and exactly why it takes each trade. And the result will be confidence unlike the confidence that you have had in any of the other EA's out there. "The truth shall set you free". This knowledge is empowering. You will know exactly what the EA is doing and why it is doing it.
The PipStrider EA can trade any pair, but we recommend and have settings for the AUDCAD pair to start. There will be new settings added for other pairs as time goes on.
For the PipStrider EA to properly work, You will want to use a broker that offers 200:1 leverage, allows hedging (so you can have long and short trades at the same time), and a broker that allows trading with 0.01 micro lots.
A $4000 or $5000 account is recommended, although you can get away with $3000 with a little more aggressiveness and risk. A very aggressive and risky trader could even do it with $2000 or $2500, if they use the settings to withdraw profits on a regular basis. Then if they run into trouble, they have withdrawn enough funds so they are trading with profit only, and not their initial investment. For long term, more stable trading, then a $4000 or $5000 account is desirable.
We understand your concerns in regards to the Martingale strategy for trading. What makes this EA so exciting it the Martingale Disrupter Technology that was created and programmed into the EA.
The Martingale Disrupter was discovered as a way to harness this mathematical pattern, to use it very profitably, disrupting it before it reaches "critical mass". To our knowledge, this "disrupter" Technique has never been used along with this particular pattern in a trading robot before.
The PipStrider uses a Martingale method of setting lot sizes for each trade. Normally, the martingale method is frowned upon by experienced traders, because it can be very dangerous. However, we have invented a new exclusive technology that we have chosen to call the Martingale Disrupter which helps protect your account balance. It tames the martingale so to speak, and allows you to use it with much less danger than is normal. While no martingale system is absolutely 100% safe, it is our belief that the methods we use to mitigate the dangers will go a long way to help avoid the usual problems associated with the martingale system.
It truly is a breakthrough in the Martingale strategy of trading!
