Hi there, welcome to PipVenue Blog.
Here you'll find the knowledgebase for PVPRO, as well as how to use it in your trading. You'll also get updates on PVPRO bugfixes and upgrades so make sure to subscribe to email updates (at the sidebar) to not miss anything.
I'm personally a trader and PVPRO is something I developed to help myself trade the market structure better. I constantly missed the big picture because I'm a scalper or short term M1 trader, so I came up with this idea (with ideas and suggestions from my trading friends as well) to match all of the timeframes information in MT4 into a neat panel.
Also, since I draw a lot of levels and boxes, sometimes it just gets too messy and confusing. especially when it's from many timeframes.
Imagine you've got 4 boxes on each timeframe, two supplies and two demands, from Monthly, Weekly, Daily, H4, H1, M30, M15, M5...
8 Timeframes x 4 boxes = 32 boxes
If they're drawn around the same area, you'll get a bunch of overlapping boxes... That's chaos.
Now, we haven't added the levels (Support/Resistance) yet! Imagine you have to draw levels from the high timeframes, e.g. MN, W1, D1, H4.
From just these four timeframes, often you'll get 2-4 levels on each. Adding them together and you'll get a good dreamland of lines and boxes! A messy dreamland at that! 😆
Of course, you can keep it simple by drawing just a few lines and boxes, but that's cherry-picking and a lot of the time, I'll miss some important levels and kicking myself why I didn't draw it in the first place.
But now it's not a problem anymore. With PVPRO, I can draw any important levels and zones in all timeframes, without worrying it would turn my chart into a big mess.
Of course, I didn't simply just draw any lines. I followed my criteria (follow my trading plan) and identify what's important.
I often drew 3-4 areas in advance from the current price level, in any case it goes up, the target above is 3-4 levels away, or if it goes down, I've mapped 3-4 levels away where price will stop and reverse.
And that's across all timeframes that I need, not limited to just a few to keep my chart clean.
PVPRO allows me to clean the chart without losing all the important information because the info is properly recorded in the panel and I can view them quickly to get instant information.
If you are interested, have a lot on our main page. And if you've purchased PVPRO, you'll find the guide in this blog.
That's all for introduction, let me know if you have questions. Contact me via Telegram, I'll reply when I'm online, or within 1 working day (excluding weekend, I need to rest too 😉)
