General Product Information      Website: PipBoxer.com Software: PipBoxer V5 Year: 2007 Languages: English Only Win Ratio: 84.16% Drawdown: 1-12% Price: 329.99$

PipBoxer provides solutions for Forex traders who are interested in developing an automated trading robot for the Metatrader platform.

Since 2006 they have been experts in creating many different trading programs with different profitable strategies. Their main product that they are promoting these days is Pipboxer v5.0.

This package is extremely special since it has the following – sophisticated analysis, money management, market entry strategies, risk management and comes in a variety of 12 different Expert Advisors each specializing in a specific currency pair.

PipBoxer Version 5 Expert Advisor uses a flexible reversal break out technique. This Expert Advisor takes some major steps to open positions correctly, manage them in the most profitable fashion and close them while still up. It starts by recognizing a reversal opportunity; it then filters out false signals and takes risk management (predefined by the user) into account. It then enters trades in profitable situations and exits them for immediate profit. To top it all off it uses unique money management techniques to keep you on the plus side.

There website provides videos on how to use their Expert Advisor with clear cut instructions. Some of these videos show how the Expert Advisor changes the lot size according to the risk factor. They also demonstrate how the system saves the account from wipe out situations.

The PipBoxer V5 Expert Advisor does not come cheap, this is the reason it is at the bottom of our top 10 expert advisors. Their expert advisors come in a variety of package allowing dealers to choose what currency they wish to work with. The price range of its packages start from 329$ to 1979$ depending on which EAs you choose to purchase.

We made a large investment and tested each and every one of them by buying the whole package. Since the basic strategy is the same we chose to work with the pair that has the lowest spread (with our specific broker). So far after a couple of months of running them on multiple live accounts we are happy to say that this Expert Advisor definitely deserves to be part of our Top Ten Forex Expert Advisors.

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