Manage The Pip

It’s no secret that our award winning charts, trade setups, and our proprietary tools provide the trader a clear low risk indication where to enter the market and identify profit targets. To help move your trading to the next level, it quickly becomes apparent that trade management and speed of execution are essential skills and components to maximize your returns.

ProAct has been evaluating and using an expert advisor built exclusively for the Metatrader platform named Manage the Pip and find it a solid fit for our style of trading.  What is an expert advisor?  Essentially it is a little robot that you set up on the MT4 platfom to do the things you want to do on a trade. An expert advisor will do WHAT YOU WON'T DO!  Things like: take your profit at a certain level, take some profit off and let the rest run, move your stop again and again, add a position to a winning trade etc..

MtP is uniquely suited to control risk and manage a trade from beginning to end. MtP offers the individual complete control to fit their trade rules and risk tolerance model into its management engine in advance of entering a trade and then automatically monitor any trade you enter according to your design. The tools flexibility doesn’t end there. If you need to make an adjustment on the fly – make it!

There also are two other tools in the MtP package to help us out as traders. MtP has turned the Metatrader Strategy Tester into a full-blown Trading Simulator. What a great idea! The other tool is essential for building and maintaining “profit profiles”. Profiles are the different rule sets you may use for different currencies or different market sessions, etc.

We, at Proact now utilize this EA because it does what it says and it unshackles you from needing to watch your chart screen moment-by-moment, providing the freedom to focus your search for additional trade setups, providing you the confidence your current trade is being managed the way you need it to be. I encourage you to consider adding this tool to your trading platform. This is a great product.

Take a look at their website http://managethepip.com , watch the videos, sit in on the free training offered (twice a month), we believe this Expert Advisor can help you become a better trader taking you to the next level.

I also have one additional piece of great news for you! We’ve worked out a significant price break for the ProAct family. If you decide to purchase MtP, either the standard or pro version, simply enter the coupon code of “proact” during checkout for a $48 dollar discount.

" Thanks for setting up the deal with MtP.  I bought the EA last week with the intent of using it during the London while I slept.  In two nights, I earned enough to pay for it several times over."

Carl

MtP with standard Trainer  $247

If you are going to use an EA on your MT4 platform you might consider using a Virtual Private Desktop  - google it for Forex

"Trading Forex involves substantial risk, is not for every trader and only risk capital should be used."