In this article, we will review the 1000-Pip climber system in detail. We will also look at how this system works and analyze its performance in the forex market. We will also discuss whether it is the right fit for you as a forex trader. First, we will look at what this system is all about.
What is the 1000 Pip Climber System?
1000 pip climber system is a software algorithm that scans and analyses the forex market looking for high-probability price movements.
When the 1000-pip climber system identifies these potential movements it will notify you visually on your screen, audibly, and also will send you an email. You can also configure push notifications to your phone as well.
How does the 1000-pip climber system work?
This kind of system is also known as a Robo Advisor. It basically advises you on when to enter a trade, where to place your stop loss, and your take profit targets. This software runs on MetaTrader 4 trading platform.
Metatrader 4 is one of the best trading platforms out there. You have to have a pc or mac to run this software. You cannot run this software on the web or on a mobile device. This is something to keep in mind.
The pip climber system produces forex trading signals in the 15-minute time frame, 1-hour time frame, and 4-hour time frame. This can be used on 6 major currency pairs. This is an easy-to-follow system for forex trading beginners and experienced traders alike. The major currency pairs that you can trade with this system are,
- EUR/USD
- AUD/USD
- USD/CHF
- USD/JPY
- USD/CAD
- EUR/JPY
As you can see from figure 1, the software shows you a visual signal to go short (red arrow on the chart) or long (green arrow on the chart) depending on its analysis.
The 1000-pip climber system gives you the exact entry price, 3 take profit targets and safety stop loss as shown in figure 2 (to the left).
It also gives you a signal expiry time so that you will not enter the trade at the wrong time. After you enter your trade you can take your profits at any of those take profit targets based on your risk-to-reward ratio.
1000 Pip Climber System Performance
1000 pip climber has claimed to have good trading performance. It claims to have made over 20,000 pips with a minimal drawdown in 3 years. These claims are verified by MyFxBook as shown in figure 3. With MyFxBook you can connect your trading account and show your trading performance.
Should you use the 1000-pip climber system?
If you are a beginner forex trader or even an experienced trader, the 1000 pip climber system is great software for you. But, we recommend you to have a good knowledge of forex trading as well. Even though this software gives you trade signals, you still have to decide whether to enter a trade or not.
If you decide to use this software, we still recommend you go through our free course on trading to learn about good forex trading strategies. This will give you more confidence in using this software.
When using the 1000-pip climber system, make sure to use our forex trading strategies as well to confirm your trades. This way you will have a lot more confidence in the trades you take. Now, let’s talk about the advantages and disadvantages of using this trading software.
Advantages of this software
There are several advantages to this software that you will like.
- You only have to pay a one-time fee. This is great because, like most other forex signal software, you don’t have to pay a monthly/annual recurring fee.
- Easy to follow the rule-based system with clear signals. You can also get push notifications to your phone as well.
- Metatrader 4-based system is easy to set up and they provide a complete guide on how to set this up step by step.
- This software is rated 5 stars on Investing.com
- Only trade when there is a signal so that you don’t have to sit all day in front of your computer analyzing the charts.
Disadvantages of this software
- There is no free trial available so you cannot try it before purchasing it.
- Only email support is available, there is no live support through live chat or phone.
- This system only works with MetaTrader 4 platform on PC and Mac. You cannot run it on mobile.
As you can see, the advantages of this software outweigh the disadvantages, so it is worth considering. As we discussed before, you should not solely depend on the signals from this software without doing your own analysis as well.
How to get the 1000-pip climber system?
To get the 1000-pip climber system click on the button below. The usual price of this system is $299 but it goes on sale for $97. Click the button below to get this software.
Customer Support
The 1000 pip climber system provides you with good customer support through email. If you have purchased this software, you can contact their customer support through email: JimPCS@1000pipClimberSystem.com. As discussed before there is no live chat or phone support for this software.
If you are not sure how to set up and use this software, they provide you with an extensive pdf guide that shows you step by step on how to set up this trading software.
Conclusion
In this article, we reviewed the 1000-pip climber system in depth. As discussed it is a good software for traders who already know how forex trading works. If you are a beginner trader who wants to get this software, we recommend you also go through our free forex trading course as well.
