In this post I will be reviewing the very useful PitView forex trading tools for use with the MetaTrader 4 (mt4) trading platform what is hugely popular and available from most forex brokers worldwide. PitView is the brain child of Tim Blanchard, a full time Professional Trader & Chief Mentor for PitView™ by Advanced Market Systems, LLC (AMS). What is superbly unique and most effective about PitView is that it’s main purpose is to attempt to show you the direction the big players (banks, institutions, etc) are trading in so that you can trade with them! I don’t think I have come across a forex system or forex tool that does this so far although the closest thing would be Forex Market Sentiment which is a fantastic tool to identify the direction the average retail trader is trading in and then to contrarian trade against them due to the fact they are wrong 90% of the time! I feel that PitView combined with Forex Market Sentiment could help to give forex traders a huge edge over the market and improve win rate when used correctly.
PitView basically adhered to one main rule reiterated 3 times – trade with the banks! The PitView professional packages contains a huge array of extremely useful features to greatly assist you with your manual forex trading. You may not use them all but it is highly likely you will find a good amount of them very useful and will use them in your day to day trading.
3 PitView™ Trade Tickets for MetaTrader 4 (MT4)
1 PitView™ Trade Manager for MT4
MT4 Charting Integration
3 Instances of the PitView™ Liquidity Window
3 Instances of the PitView™ Liquidity Provider Trendline
3 Instances of the PitView™ Volume Profile
2 Pre-Installed Basic MT4 Trading SystemTemplates
1 Pre-Installed Advanced MT4 Trading System Template
3 FX TotalView™ Windows
3 FX PairView™ Windows
PitView™ Educational Groups
PitView™ Boot Camp
3 Trading Systems Guides
ALL Liquidity Time Frames
Screens Virtual Desktop
Xtreme MT4 VPS
Complete, real-time data feed
28 Currency Pairs PLUS Gold and Silver
Overall, the PitView forex trading tools is a great number of tools for the money that every trader should be able to find some use for. The PitView tools can save you a vast amount of time when trading manually and provides you with a lot of information all conveniently in one place. Just make sure that you are using a good forex broker and that you have your money management in place to ensure you have a good risk to reward ratio with winning trades outweighing losing trades. PitView comes with a $1 trial, instructions, all of the PitView tools, full support and a money back guarantee.