PipBoxer versus GridBoxer
Sunday, 18 May 2008

About PipBoxer

PipBoxer is very similar to breakout systems. It draws a box around some of the previous bars in the chart and then enter trades according to the box limits. We have added several twists to this approach to enhance the profitability of PipBoxer. Some of the changes that we have made comparing to a standard breakout system are as follows:

 

1. PipBoxer analyzes the market for potential breakout fading (reversal) opportunities..
2. PipBoxer internal calculations based on a custom indicator (Enhanced Bands) prohibits the system to trade if it feels the market direction is not clear.
3. The size of Take Profit and Stop Loss varies from time to time
4. PipBoxer uses risk and money management tools to enhance open trades.
5. There are tools that enable the user to change the parameters of PipBoxer according to his/her priorities.
.  
.  

 

For more information about the PipBoxer strategy visit www.pipboxer.com/pb2_strategy.php.

 

 

About GridBoxer

GridBoxer is similar to grid systems. In a typical grid system you enter trades at specific price levels. For example if price goes up the system enters a new long trade after say every 20 pips and if the price goes down the system enters a new short trade after say every 20 pips.

We found out that there are several problems with grid systems. Their biggest challenge is that the open loss becomes very huge. We therefore enhanced the characteristics of a typical grid system to build GridBoxer. Here are some of the changes that makes GridBoxer different.

 

1. GirdBoxer does not open concurrent trades in the same day. It opens the second trade only if the first trade closes.
2.
GridBoxer uses an ADX based indicator to filter out trading when it feels the market is very risky to trade.
3.
GridBoxer places StopLoss and Take Profit levels to close the trade at specific points.
4.
GridBoxer uses complex money management tools to manage open trades.

 

For more information about the GridBoxer strategy visit www.pipboxer.com/gridboxer_strategy.php.

 

 

Comparing PipBoxer and GridBoxer

As you can see the strategies of PipBoxer and GridBoxer are clearly different. Other differences are as follows,

 

1. PipBoxer currently trades up to 12 currency pairs while GridBoxer trades up to 3 currency pairs.
2. PipBoxer uses a fixed fractional position sizing system. It means that it calculates the lot size based on the risk per trade (or rather Value At Risk). GridBoxer uses a fixed ratio position sizing system. It means that it calculates the lot size based the size of the account equity.
3. PipBoxer StopLoss and TakeProfit levels varies from trade to trade. GridBoxer uses fixed StopLoss and TakeProfit values for trades of a specific pairt.
4. User can't change the size of StopLoss and TakeProfit of PipBoxer trades (you can only set maximum values). User is allowed to change the value of StopLoss and TakeProfit for GridBoxer trades.

 

 

 

To purchase a PipBoxer package visit www.pipboxer.com/products.php

To purchase a GridBoxer package visit www.pipboxer.com/products.php

To purchase a PipBoxer/GridBoxer combo package visit www.pipboxer.com/products.php

 
Last Updated ( Thursday, 11 June 2009 )