This article is a review of the PipBoxer, and the Forex Tracer, both are Automated Trading Systems. Here we will observe what these products both offer and how they compare.
So lets begin with the Big Daddy of Forex Automated Trading Software:
The PipBoxer-What's included?
Originally designed in 2006 by Al Parsai, this software has now been re-released as The PipBoxer 2.0.
This system combines the power of a breakout system with an indicator based system to make sure the currency market is analyzed correctly.
A risk management tool that calculates the number of lots according to the risk associated with each trade or multiple trades alongside protective shields against margin calls and excessive losses. The "No Margin Calls" algorithm keeps accounts secure.
A Market Entry strategy, which enters markets with protective shields to guard against unpredictable market behavior and broker wrong doings.
A set of money management tools that exit trades securely and conservatively.
10 Live individual Forex Advisers at hand 24/7
The PipBoxer is traded live so live trades are published online on the PipBoxer website. An official PipBoxer Blog and many other public forums exist where traders again post their currency pair trades each day, plus viewers have access to a whole host of archive material.
The Forex Tracer-What's included?
The Forex Tracer released in June 2008 by the Forex Trading Pro's inc, is an automated exchange trader which works around the clock, mining and cherry picking complex trades from ever changing markets
It automatically buys and sells currencies using tight spreads based on the stop loss and take profit margins input by the trader.
It supports 30 minute up to date signals with intraday trading.
Supports a Demo account where traders practice with play money on currency markets before trading live.
Conclusion:
The PipBoxer is understandably more expensive as it offers the full package for Forex Traders offering transparency in online forums and Blogs supported by live traders and the PipBoxer company support team, with personal advisers included in the package.
The Forex Tracer, somewhat cheaper is simply an automated software package which runs its little robot around sourcing out trades as designed in the margins input by the trader. This software does not include personal Forex advisers or a number of the tools listed above, including live trade reports. Due to it's sudden release Blogs will surely follow.
To take a look this software and the Top 3 Forex Systems which we believe rival this software - SEE Forex System Reviews
Please Click here [http://forex-brotherhood-reviews.com/easyforex.html]
