According to WikiJob, 1000Pip Climber System is one of the best EA 2022. This ea has impressive performance and is an easy-to-use ea even for beginners. This is because EAs that work using this algorithm does not need to adjust settings, so traders can immediately apply them in trading.
Further, this ea is supported by a verified account on Myfxbook. By the creators, this robot has a target of 20 thousand pips for trading over three years.
Contents
What is 1000Pip climber system?
A 1000Pip climber system is a tool that works based on an algorithm that provides analytical advice which automatically gives entry, stops loss, and profit targets.
This Expert Advisor will continuously monitor market changes and will provide signals via email, audio, or visual. Offers high performance and fully working mechanics, which will provide entry price signals, stop loss, profit targets and signal validity periods.
An EA is suitable for beginners where it offers easy installation, and traders will get signals that are completely based on analytical algorithms.
How 1000Pip Climber System work?
1000Pip Climber System is an Expert Advisor (EA) designed only to provide trading signals. And in the end, the entry decision will be completely under the trader’s control.
In contrast to Expert Advisors or trading robots which automatically work on their own when the signal is confirmed, it will create a new order.
The way the 1000Pip Crimbler System works is only to provide alerts or trading signals that automatically provide trading advice for entry points, stop losses, and profit targets.
Traders only use the signals then make trading decisions. If a trader uses this EA on the MetaTrader 4 platform after the signal is new signal confirmation. Hence will sound an alert from the computer as a sign that the signal has been confirmed.
Then the trader reads the signal and decides to follow the signal or hold the trade because the analysis may differ from the signal that appears.
Offer Function
1000 pips Climber system offers the following features:
- Closed some trades on taking Profit 1 and taking profit 2.
- Modify stop loss to break even and then take profit 1. Use profit hedging to minimize losses.
- Trailing stop will modify the stop loss when the step is reached to reduce the loss level. This can protect the profit earned.
- Set trading time. The EA can be adjusted according to the settings of when to trade and when to stop.
Company Overview
From the results of searching Domain names using the Whois. domain tool. The domain name 1000pipclimbersystem.com has been registered since January 12, 2016.
It seems that this Expert advisor started appearing that year so it is now six years old. This means that this EA has proven to be able to survive in long-term trading.
According to Daytrading.com, the head trader of the 1000Pip Climber System is a veteran trader. He is one experienced trader from the London Financial District namely Bob James.
While referring to their official website, 1000Pip Climber System is a trading name that is a member of Traders for Fair Trading Ltd (09181896) which is Registered in England & Wales.
1000Pip Climber System performance
The trading performance will determine whether a software expert advisor is good or not. From our search results, from backtests that Forex Dax did, in demo accounts and then on live accounts. In backtest gave an impressive trading performance.
From the backtest results, as the creators estimate the target of 20,000 pips within three years can be achieved.
This EA 1000 Pips Climber System is good for long-term trading. Although this EA signal is rare, it seems that this EA is indeed designed for the long term.
This EA supports 6 currency pairs for operation EURUSD, USDJPY, AUDUSD, USDCAD, USDCHF, and EURJPY by using timeframes M15, H1, and H4 charts.
Forex DAX
The chart above shows a good performance from an initial capital of € 10,000 for 250 trading days to € 80,000. Uses lot size 0.1-0.2 lots.
1000 pip climber system Myfxbook
Myfxbook is a site that provides real-time trading account development information. For investors to get evidence of the performance of an account to analyze a program, be it a managed account or a trading robot.
Information from MYfxbook is very useful for investor traders who are going to buy an expert advisor or forex managed account investment.
Our 1000 Pip Climber System found performance on Myfxbook as a verified account.
From the search results, this 1000 pip climber system uses a demo account with account number Mt4-66162174 using IC Markets broker. Which starts on 3 August 2021, added 21 February 2022. Initial deposit $5000. So far it produces an absolute gain of 38.91%.
The maximum drawdown so far is 23.88%.
The profitability ratio for winning trades is 53% of the total transactions of 375 orders or 215 out of won trades. And 47% loss trades ratio of all 375 orders or 160 loss trades.
For detailed information, click on the image above, if the account is still available, you don’t find a 404 error message. Because sometimes you find a performance link for an account that has been deleted or moved so there is an error message 404 not found.
What makes the 1000Pip Climber System unique?
1000 pip climber system is an expert advisor that uses algorithms, so all analysis refers to technical analysis rules which provide a direct connection to the market and work around the clock. However, this requires a VPS so that it can work 24 hours full time.
This is of course what distinguishes the analysis from a mentor who puts forward knowledge and trading theory. The 1000 pip climber system algorithm provides complete trading advice with stop loss and profit-taking and several other functions.
Price 1000Pip Climber System
For investors, traders who may during their trading career still encounter many difficulties in collecting profits. Using expert advisors or subscribing to trading signals, PAMM investments or copy trading can be alternatives.
However, to use these services, some are free and some are paid. Including use of this EA 1000pip climber system also costs money.
At the time of writing the price offered is $97. According to the website, this is a 67% discount off the original price of $299.
The payment method using Clickbank which is a company from Delaware USA. Which supports payment by credit card. For other payment methods, please contact customer support for information, other payment methods.
Customer Support
Customer support is only available via email at [email protected]. No other support is available like live chat. This is for customers who want a fast response will have difficulty getting a response.
It may only provide customer service via email as there is no other support as the creators don’t have enough team to provide live chat services as it costs extra.
1000 Pip Climber System forum
The 1000Pip Climber system in the forex community forum has become one of the hot topics among traders. It is also available on Forexpeacearmy which has been reviewed by 74 traders with a score of 4,511 out of a maximum score of 5. This means that traders’ reviews provide positive feedback on this EA.
Customers seem to be satisfied with Jim’s support service replies to emails just an hour or two after sending.
However, in the Babypips forum, this topic received a different response. against the 1000Pip Climber System. Some are skeptical of this ea, but more do not know about this system.
While on Forexforum. co the discussion about the 1000Pip Climber system is the most updated, where a trader who buys this EA shares the win and loss ratio is still 50-50. And there are members who share ex4 files that can be tried. But to download files, you must become a member of the forum. If not registered, you need to register first.
1000 Pip Climber System Reddit
On the Reddit forums, we did not find any meaningful information about the 1000Pip Climber System, even though it appeared in a thread, but there are no trader reviews except for the reviews shared in Youtube videos. Even more, the video was detected as spam and moved.
1000pip Climber System Trustpilot
Prospective customers who will buy a product may look for references on Trustpilot, which is a site where users can provide reviews of a product that can help prospective buyers decide in procuring a product or service.
The 1000Pip Climber system on Trustpilot received 48 reviewers with a score of 4.3. Where 90% gave an excellent score and 10% gave a bad rating.
Marketing Strategy
To increase sales, the 1000pip climber system held an affiliate program. Where users can register affiliates and will get 50% of sales. The affiliate program uses Clickbank, which the user must register through the steps according to the instructions.
In addition to attracting buyers, it also uses a discount system with an expired time. This marketing strategy is widely used by sellers to boost sales.
Pros and Cons
Like most EAs, of course, there are pros and cons depending on the user’s point of view.
Pros
- Provides complete trading signals.
- Users only use signals to make trading decisions. This gives the freedom to choose to use the signal or not.
- One-time fee, no other monthly or subscription fees.
- Got lots of positive reviews from users.
Cons
Some of the drawbacks of this 1000pip climber system include:
- There is no free trial available to test performance before deciding to purchase.
- There are no mentors or active traders because all of them use algorithms with technical rules.
- Affiliate marketing programs may encourage fake reviews.
- No detailed explanation strategy was used to provide a signal.
- Only work for Metatrader trading platform.
Is 1000Pip Climber System legit?
The 1000 pips climber system is a legit product, every time a buyer places a purchasing order, detailed instructions will be sent in no more than two days according to the testimonial.
Many traders’ reviews seem to give a satisfying response to the performance of this EA. However, we cannot confirm whether all the reviews or testimonials are genuine or fake. Because affiliate marketing allows users who join the program to create fake reviews.
Final Thought
Expert advisor 1000pip climber system is one of the best EA choices in 2022 by some site reviews. With an easy way of working which is also designed for novice traders. allows them to receive pushes from the Metatrader platform as well as via email. So that traders do not always have to be in front of the monitor screen.
However, the risk in forex trading, regardless of the system and strategy there will always be a risk of loss. Therefore, when someone buys forex trading software, he or she already understands the risks and is also ready to buy funds.
Note: this article is for informational purposes only and does not constitute investment advice. Forex, CFD, and crypto trading are risky. Investors are responsible for their investments.
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