1000pip Climber System (PCS) is MT4 forex system. The signals produced by the PCS are determined by a unique Forex trading algorithm that developed over many years. The algorithm has been rigorously tested and over the last two and a half years has produced over 40,000 pips profit.
How to follow the PCS system
Once you have watched the PCS video explaining how to set up the system your MT4 charts will look like the image below:
This is the initial state of the system. When the charts look like this there are currently no trade signals and the algorithm is continuing to monitor the price movement and wait for a high probability trading opportunity to develop.
A signal will only be made at the close of a candle on which the chart is set. For example, if the chart is set to the 15 minute time frame, the candles close at 0, 15, 30 and 45 minutes past the hour. This means that the only times that a signal could be made are 15, 30 and 45 minutes past the hour. This feature is very convenient for traders who do not want to monitor the charts very often. If you want, you can set the charts to the 4 hour time frame and you will only need to check them every 4 hours!
Once the algorithm has identified a potential trading opportunity the chart will sound an alarm, an arrow will be displayed at the entry price and the grey box will display the key signal information.
The signals produced by the 1000pip Climber System are for pending orders. As has been explained earlier in the book, the entry price for Buy trade will be above the current market price and the entry price of a Sell trade will be below the current market price. In the example above, the current market price was 1.0821 when the signal was first created by the PCS. The entry price for the Buy trade was 1.08407, approximately 20 pips higher than the current market price.
To enter a trade to follow this signal, I select ‘Pending order’ with my broker and then enter the entry price of 1.08407. Please note that if you are using MT4 then the pending order would be called a ‘Pending Order – ‘Buy Stop’. For a Sell trade it would be called a ‘Pending Order – ‘Sell Stop’
The entry price is usually quite a few pips above / below the current market price and I find that there is usually plenty of time to enter the details of the pending order into the broker before the entry price is triggered.
You will see that the PCS has 3 different take profit levels, with ‘Take Profit 1’ being the closest to the entry price and ‘Take Profit 3’ being the furthest away.
It is common for many traders to ‘scale out’ of a trade. This means that ……. read more in manual:-)
“1000pip Climber System” signals:
– 1000pip Climber System indicator.ex4
– 1000pip Climber System.TPL – template file
– Your personal license will cover one demo account and one “live” account.
– It will never expire and there are NO “monthly fees” or any other recurring charges for use
File type and requirements:
– This is a digital item! (DOWNLOAD LINK)
– You will Need: MetaTrader 4.0 platform.
– The files you’ll get is ZIP archive.