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PipBoxer Trailing Stop  Manager (PBTS)

PipBoxer Trailing Stop Manager (PBTS) is an exit EA that adds Trailing Stop to your trades automatically. This EA which is suitable for MetaTrader 4 can control up to 16 currency pairs and virtually unlimited number of trades at the same time. It is an amazing product that you'll love for its powerful capabilities. It is capable to manage trades that are opened manually or with other Expert Advisors and/or automated systems. PBTS can manage those trades that either contain an initial stoploss or no stoploss is defined for them initially.

Click here to purchase PBTS Now

 

Frequently Asked Questions

  1. What is a trailing stop?

  2. What is the difference between initial and regular trailing stop?

  3. What is MetaTrader 4?

  4. What does PipBoxer Trailing Stop Add-on do?

  5. Is PBTS limited to trades opened by PipBoxer?

  6. How to use PBTS?

  7. Is it possible to control one currency pair with PBTS only?

  8. Is it possible to control the trades on those currency pairs that are not covered?

  9. How much does it cost?

  10. How can I purchase PBTS?

  11. Are there other relevant products?

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Click here to purchase PBTS Now

 

What is a trailing stop?

When you enter a trade if the trade moves in your favour you prefer to secure your profit while you keep the trade open. One of the common methods to secure the profit is to move Stoploss level to a value above the open price in a long position or below the open price in a short position and then maintain a maximum distance with the current market price.

For example assume that you buy GBP/USD at 2.000 and your profit target is 2.0100 (or rather 100 pips). If the price moves to 2.0025 it has not reached your profit target yet but since it is 25 pips in your favour you do not like to end up losing this trade so you move your Stoploss level to 2.000 and maintain a distance of 25 pips with current price. The worst case scenario is that the market reverses and hits the current Stoploss. You will exit the trade with no profit. If the price further moves up and for example reaches 2.0030 then you move Stoploss to 2.0005. You maintain the 25 distance with the current price but keep the trade open. If the price reverses you won't touch the Stoploss so the Stoploss moves only if price advances in your favour. The maximum distance with the price will be 25 pips. This approach to managing an open trade is called a Trailing Stop.

You only move Stoploss if the price is in profit territory. So if the price is below 2.000 in this case you keep the Stoploss where it is. Trailing Stop is only available to those trades that have passed the loss territory.

A similar scenario can be defined for short (sell) trades.

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What is the difference between initial and regular trailing stop?

PBTS gives you the ability to designate between the initial and regular trailing stop. For example if in the previous example you set the initial trailing stop to 50 pips and the regular trailing stop to 25 pips, the Stoploss moves to the open price only if the price reaches 2.0050 (or rather moves 50 pips in your favour). Right after this movement the system maintains a 25 pips distance. For example if the price moves to 2.0051 the stoploss moves to 2.0026 because now we need to keep a 25 pip distance.

The designation between the initial and regular trailing stop gives us the ability to be more flexible. It enables us to move the stoploss to the open price or rather break-even point faster or later than when we usually manage the distance between the stoploss and current price afterwards.

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What is MetaTrader 4?

According to the official MetaTrader 4 (MT4) website, MetaTrader 4 is an online trading complex designed to provide broker services to customers at Forex, Futures and CFD markets.This is a whole-cycle complex, which means that you will not need any other software to organize your broker services when using MetaTrader 4.

What you as a client needs is usually the MT4 client terminal. It gives you the ability to view charts, enter trades, manage open trades, or exit current trades. You may do these manually or automatically. For example you can enter and manage trades with our fully automated trading system PipBoxer, or manage open trades with PBTS, PBSE, or PBME.

 

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Click here to purchase PBTS Now

 

What does PipBoxer Trailing Stop Manager do?

PBTS simultaneously adds trailing stop to up to 16 currency pairs. It by default manages any trades that are open in the following pair. You may also attach it to a chart other than these pairs to manage the currency of that chart as well. There is virtually no limitation to the number of open trades. Even if you have more than one trade open on a currency pair - despite the direction of those trades - PBTS can manage them at the same time. It doesn't matter if you open the trades manually or with an automated system. It also doesn't matter if the trade contains a stoploss or not at the moment. As soon the trade qualifies for being locked in profit PBTS places the stoploss according to your settings.

  • AUDUSD

  • GBPUSD

  • GBPJPY

  • USDCAD

  • EURUSD

  • EURJPY

  • USDJPY

  • USDCHF

  • GBPCHF

  • NZDUSD

  • EURGBP

  • AUDJPY

  • EURCAD

  • EURCHF

  • EURAUD

 

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Is PBTS limited to trades opened by PipBoxer?

Absolutely not. While you can use PBTS to manage trades that are opened by PipBoxer you may also use it to manage trades opened manually and/or with other automated trading systems.

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How to use PBTS?

You need to follow these steps to use PBTS.

  1. Close MetaTrader 4  (MT4) if it is currently open.

  2. Place PBTS in the "experts" folder of MT4. For example if your broker is Interbank FX the correct address could be "C:\Program Files\Interbank FX Trader 4\experts\".

  3. Start MT4.

  4. Attach PBTS to a chart of your choice. If you don't know how to attach an EA to a chart click here. The timeframe or currency of the chart is not important. However, we suggest to attach the EA to an active currency pair for example to GBPJPY. If you want to manage a currency pair that is not among the 15 default currency pairs then attach the EA to the chart of that currency pair.

  5. At the time of attaching the EA the Properties dialog box appears. You may also see this box by pressing F7 at any time when the chart is open. Make sure to enable live trading in the Common tab. The following image shows you the option you need to select.


     

  6. Select the inputs tab and make necessary changes, for example whether you want to enable or disable PBTS, the initial trailing stop value, the regular trailing stop value, the pairs to be managed, and whether you want to manage the current chart or not. The last option is available at the bottom of the list and is false by default. If the currency pair is included in the list you do not need to enable this option. For example if you attach the EA to a EURUSD chart and EURUSD is already true you do not need to change the value of Current_Chart to true. The image shows some of the options you have.


     

  7. Click OK and leave the rest of it to PBTS.

 

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Is it possible to control one currency pair with PBTS only?

Absolutely. Simply disable the rest of currency pairs with the help of the Properties dialog box.

 

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Click here to purchase PBTS Now

 

Is it possible to control the trades on those currency pairs that are not covered?

Absolutely. Attach the EA to the chart of the currency pair. In Properties dialog box enable the Current_Chart option.

 

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Click here to purchase PBTS Now

 

How much does it cost?

The list price of PBTS is US$29.99 but you can purchase it for US$14.99 right now. We keep the right to cancel the introductory price at any time.

 

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Click here to purchase PBTS Now

 

How can I purchase PBTS?

Click here to purchase PBTS.

 

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Click here to purchase PBTS Now

 

Are there other relevant products?

You may also consider purchasing PBSE and/or PBME.

 

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Click here to purchase PBTS Now

 

 

Do you want to fully automate your trades?

Click here to purchase PipBoxer Now

 

 

 



 

 

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About PipBoxer Forex Solutions

'www.pipboxer.com - We provide solutions for MetaTrader EA and automated forex
day trading. We have expert advisors to help you in risk and money management.
We use automated forex trading system and you can get the best solutions for
all your risk and money management problems.'

' Search Engine Submission: www.pipboxer.com -
In our opinion, PipBoxer.com is the ultimate solution provider for trading forex automatically.
PipBoxer is a combination of market analysis, money management, and risk
management all in one fully automated package. We also offer high quality
custom solutions for our customers and advanced tools for metatrader
developers.. www.pipboxer.com covers United States, United Kingdom, Australia,
Canada, New Zealand, Switzerland, and other countries : - Risk And Money Management - Metatrader
ea. '


 


 
 

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Copyright 2007 - All rights reserved for InvestATech Inc.

 


Note: The contents of the following text applies to Investatech Inc., www.pipboxer.com, www.forexbrace.com, www.investatech.com, www.pipboxer.ca, www.investatech.ca, www.raftrader.com, and any other websites that are operated under the supervision of Investatech Inc.

Important Note about back-test and demo trades results: Hypothetical performance results have many inherent limitations. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particularly trading program.
One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk. Variables such as the ability to adhere to a particular trading program in spite of trading losses as well as maintaining adequate liquidity are material points which can adversely affect actual real trading results.

The latest version of our policies is available at www.pipboxer.com/termsandconditions The contents of that file overrides the following text.

Note: The contents of this text applies to Investatech Inc., www.pipboxer.com, www.forexbrace.com, www.investatech.com, www.pipboxer.ca, www.investatech.ca, www.raftrader.com, www.gridboxer.com, www.pbhelp.com, www.4xbrace.com, www.fxbrace.com and any other websites that are operated under the supervision of Investatech Inc.

Table of Contents

  1. Terms and Conditions

  2. Disclaimer and Risk Warning

  3. Refund Policy

  4. Methods of Delivery

  5. Privacy Policy

  6. Risk Disclosure

  7. Updates to the Policy

Terms and Conditions

  1. PipBoxer v2.x.x Expert Advisors and Indicator, and their future updates, and all related presentations and documents are under Investatech Inc. copyright. The files and programs are supported by Canadian and/or international copyright laws. Any violations will be prosecuted.

  2. Any products that are sold through www.PipBoxer.com, www.investatech.com, www.pipboxer.ca, www.investatech.ca, www.forexbrace.com, www.gridboxer.com, and/or other websites that belong to Investatech Inc are under Investatech copyright. The products include but not limited to PipBoxer V2.x.x, PipBoxer Single Exit (PBSE), PipBoxer Multiple Exit (PBME), PipBoxer Trailing Manager (PBTS), PBTrend, PipBoxer Email Signals, and PBGrid. All rights reserved for Investatech Inc. Any violations are prosecuted.

  3. PipBoxer v2.x.x Expert Advisors and Indicator and any other products that we sell on our websites  are Non-For-Resale software programs and/or services. You purchase these programs for your own use. You are not permitted to share these applications with others either for free or in exchange of money.

  4. Our online training programs are limited to those who register for the courses. The customer is not allowed to share his/her training webpage and/or login name and password with others.

  5. Our main method of delivery is via email or through downloads from our websites. We do not physically ship any item to our customers. Extra charges may apply if you would prefer to receive your products via physical mail. Visit the "Method of Delivery" section for more information.

  6. You are responsible to make sure our correspondence with you is not filtered out by your email server spam detectors. We are not responsible for delays caused by such problems.

  7. Our main method of customer service is through email. Although we have posted a phone number, there is no guarantee that we return your calls. If you would like to receive quicker responses to your requests, questions, and concerns we strongly recommend the use of emails.

  8. Many of our products including but not limited to PipBoxer V2, PBME, PBSE, PBTrend, PBGrid and PBTS are installed on MetaTrader 4 platform. We expect our customers to have basic knowledge of MetaTrader 4 (MT4) and be able to install and use these programs. We do not accept any claims do to the inability in installing the products.

  9. We expect that you have basic knowledge of computer, operating system, and software programs. We cannot be held responsible for any damages that are caused due to the customer's lack of knowledge in the area of using computers.

  10. We are not held responsible for any problems caused by using our products or referring to our documents and websites. Customer's discretion is advised. For more information refer to the Disclaimer section.

  11. All sales are final. There is no refund policy. There might be some exceptions. For more information refer to the "Refund Policy" section.

  12. If you are interested in purchasing multiple licenses please contact info@pipboxer.com.

  13. We might add special terms and conditions to some of our products and offers. Please refer to the product description for more information. Such terms and conditions are valid for the specific product. The general terms and conditions stay valid for such products. If there is a conflict the special conditions take precedence.

  14. We keep the right to change our policy regarding our terms and conditions, disclaimer, methods of delivery, refund policy, and privacy policy. We always consider the latest version of this material and post it on our website.


Disclaimer and Risk Warning

  1. Forex (currency) trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the forex market. Don't trade with money you can't afford to lose. This ad/presentation is neither a solicitation nor an offer to trade forex. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this ad/presentation. The past performance of any trading system or methodology is not necessarily indicative of future results.

  2. Trading foreign currencies is a challenging and potentially profitable opportunity for educated and experienced investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience and risk appetite. There is considerable exposure to risk in any foreign exchange transaction. Any transaction involving currencies involves risks including, but not limited to, the potential for changing political and/or economic conditions that may substantially affect the price or liquidity of a currency. Moreover, the leveraged nature of FX trading means that any market movement will have an equally proportional effect on your deposited funds. This may work against you as well as for you. The possibility exists that you could sustain a total loss of initial margin funds and your position will be liquidated and you will be responsible for any resulting losses. Investors are recommended to lower exposure to risk by employing risk-reducing strategies such as 'stop-loss' or 'limit' orders. Investatech Inc., PipBoxer.com and/or the author of PipBoxer Expert Advisors (i.e. Goldie Sham, and Al Parsai, and all their employees) and strategy will not be held responsible for the reliability or accuracy of the information available on this ad/presentation. The content provided is put forward in good faith and believed to be accurate, however, there are no explicit or implicit warranties of accuracy or timeliness made by PipBoxer.com and/or aparsai/pipboxer.

  3. Investatech Inc. and its management and employees assume no responsibility for errors, inaccuracies or omissions in any type of documentation and/or presentation we create and/or publish. We do not warrant the accuracy or completeness of the information, text, graphics, links or other items contained within these materials. Investatech and its management and employees shall not be liable for any special, indirect, incidental, or consequential damages, including without limitation losses, lost revenues, or lost profits that may result from these materials. This applies to any type of written or visual material including but not limited to marketing and sales material developed and/or published by our affiliates and/or resellers.

  4. We assume that you are legally permitted to purchase and use our products. Making sure that you are following the global and your local laws and legislations is your responsibility. We cannot be held responsible for any damages or lawsuit against you due to such regulations.

  5. We do not necessarily agree with the contents of our resellers and/or affiliates websites and those website that we have provided links to. We shall not be held responsible for any damages cause by visiting those websites and/or purchasing products and/or services from them. This applies to those products and services that are originated from our company or created by others.

  6. We cannot be held responsible for any interruptions in delivering our services. The interruptions could be the result of technical problems or other causes. This applies to online training, technical support, sales support, trading signals, and any other type of service that we currently offer or may offer in the future to our customers and/or business partners, affiliates, and resellers.

  7. We offer no warranty or guarantee towards the purchase of our products or services. Use our products and services at your own discretion.

  8. CFTC rule 4.41: Hypothetical or simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown.

Refund Policy

All our sales are final. We do not refund the payments in any case. If in the description of one of our products or services the refund is included then that condition overrides this policy.

 

Methods of Delivery

  1. We deliver our products electronically either through email or by downloading from our websites.

  2. When you purchase a product you may be asked to download it from a website other than the one that you purchased it from.

  3. Should you decide to receive your products physically extra charges may apply. We keep the right to decline such requests.

  4. Our online courses are delivered through special web pages. There is no guarantee that you can download all the course material neither we offer printed material to our students. We keep the right to change this policy at any time.

  5. It may take up to 3 business days to deliver our products to our customers. We sometimes put a hold on delivery to make sure the transaction is legitimate. Such holds could cause delays more than 3 business days on the delivery of products.

Privacy Policy

Thank you for visiting our web site. This privacy policy tells you how we use personal information collected at this site. Please read this privacy policy before using the site or submitting any personal information. By using the site, you are accepting the practices described in this privacy policy. These practices may be changed, but any changes will be posted and changes will only apply to activities and information on a going forward, not retroactive basis. You are encouraged to review the privacy policy whenever you visit the site to make sure that you understand how any personal information you provide will be used.

Note: the privacy practices set forth in this privacy policy are for this web site only. If you link to other web sites, please review the privacy policies posted at those sites.

Collection of Information
We collect personally identifiable information, like names, postal addresses, email addresses, etc., when voluntarily submitted by our visitors. The information you provide is used to fulfill you specific request. This information is only used to fulfill your specific request, unless you give us permission to use it in another manner, for example to add you to one of our mailing lists.

Cookie/Tracking Technology
The Site may use cookie and tracking technology depending on the features offered. Cookie and tracking technology are useful for gathering information such as browser type and operating system, tracking the number of visitors to the Site, and understanding how visitors use the Site. Cookies can also help customize the Site for visitors. Personal information cannot be collected via cookies and other tracking technology, however, if you previously provided personally identifiable information, cookies may be tied to such information. Aggregate cookie and tracking information may be shared with third parties.

Distribution of Information
We may share information with governmental agencies or other companies assisting us in fraud prevention or investigation. We may do so when: (1) permitted or required by law; or, (2) trying to protect against or prevent actual or potential fraud or unauthorized transactions; or, (3) investigating fraud which has already taken place. The information is not provided to these companies for marketing purposes.

Commitment to Data Security
Your personally identifiable information is kept secure. Only authorized employees, agents and contractors (who have agreed to keep information secure and confidential) have access to this information. All emails and newsletters from this site allow you to opt out of further mailings.

Privacy Contact Information
If you have any questions, concerns, or comments about our privacy policy you may contact us using the information below:

By e-mail: privacypolicy@investatech.com
By Phone:+1-519-432-7861
By Fax: +1-519-432-2784

Risk Disclosure

Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

Updates to the Policy

We reserve the right to make changes to this policy. The latest version of this policy is in effect. Any changes to this policy will be posted on this page. It is the responsibility of the customers or business partners to inform themselves about this policy. We accept no responsibility for any damages caused to them due to the changes made to this policy.

Last Updated: Feb-22-2008

The latest version of our policies is available at www.pipboxer.com/termsandconditions The contents of that file overrides the following text.

About PipBoxer Forex Solutions

'www.pipboxer.com - We provide solutions for metatrader ea and automated forex
day trading. We have expert advisors to help you in risk and money management.
We use automated forex trading system and you can get the best solutions for
all your risk and money management problems.
Forex software is our expertise. PipBoxer.com belongs to Investatech Inc.'
 


 

 

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We believe that, Risk Management helps you to stay in the game and protect your investment. PipBoxer v2.0 comes with a built-in Risk Manager.

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