ORP Dip Expert
- Experts
- William Mwangi Wamuyu
- Version: 1.10
- Updated: 19 November 2025
- Activations: 5
Brief Description
A professional trend-following robot that automatically buys market dips in uptrends and takes profits during market euphoria, using adaptive volatility-based entry and exit signals.
Trading Strategy
ORP Dip Expert is designed for traders who want to systematically profit from temporary market pullbacks within established trends. The robot follows a disciplined approach: buy when fear creates opportunity, sell when greed creates risk.
How It Works
The robot uses a dual moving average system to identify strong trends. When the market is in an uptrend, it waits patiently for temporary pullbacks (dips) before entering positions. These dips are identified using the Average True Range indicator, which automatically adjusts to current market volatility - meaning the robot adapts whether markets are calm or volatile.
Entry System:
- Only buys in confirmed uptrends (price above 200-period moving average)
- Waits for price to pull back below the 20-period moving average by a specific volatility-adjusted distance
- Confirms entry with momentum indicator to avoid catching falling knives
- Can add multiple positions as dips extend, with intelligent spacing to prevent overtrading
Exit System:
- Automatically trims positions when market becomes overextended (euphoria detection)
- Uses trailing stops that adapt to market volatility
- Optional fixed profit targets for set-and-forget trading
- Each position has its own protective stop loss
Optimized For
- Currency Pairs: EURUSD, GBPUSD, USDJPY, AUDUSD, NZDUSD, and other major pairs
- Indices: US30, NAS100, SPX500, DAX40
- Commodities: Gold (XAUUSD), Silver (XAGUSD) when trending
- Timeframes: H1 (recommended), H4, M30, or Daily
- Account Types: Works with all account types; ECN accounts recommended for best spreads
Risk Management
The robot includes professional-grade risk controls:
- Percentage Risk Mode: Automatically calculates position size based on your chosen risk percentage (default 0.5% per trade)
- Fixed Lot Mode: Option to use fixed position sizes for consistent exposure
- Volatility-Adjusted Stops: Stop losses automatically widen in volatile markets and tighten in calm conditions
- Maximum Position Limits: Prevents overexposure by limiting concurrent positions
- Margin Protection: Built-in checks ensure trades won't be placed if account cannot afford them
- Spread Filter: Skips trading when broker spreads are too wide
What Makes This Robot Different
Most dip-buying robots fail because they use fixed pip values that break when volatility changes, or they average down into losing positions. ORP Dip Expert solves these problems:
✓ Volatility-Adaptive: Everything scales with market volatility using ATR - works equally well in calm and volatile markets ✓ Intelligent Profit Taking: Proprietary euphoria detection system systematically captures gains before reversals ✓ Trend Protection: Strict filters ensure you only buy dips in uptrends, never against the trend ✓ Smart Position Scaling: Only adds positions when market conditions improve, not when positions are losing ✓ No Martingale or Grid: No dangerous averaging down or exponential position sizing ✓ Fully Transparent: Rule-based strategy with no black boxes or hidden algorithms
Performance Results
Test Environment:
- Symbol: EURUSD
- Timeframe: H1
- Period: January 2023 - December 2024 (2 years)
- Initial Deposit: $10,000
- Risk Per Trade: 0.5%
- Leverage: 1:100
Results:
- Net Profit: +$18,420 (184.2%)
- Total Trades: 342
- Win Rate: 68%
- Profit Factor: 2.1
- Maximum Drawdown: 12.3%
- Sharpe Ratio: 1.8
The robot has been tested on 5+ years of historical data across multiple currency pairs and timeframes. Results are consistent and realistic - no fabulous overnight riches, but steady, compounding growth suitable for real trading.
Important: Past performance does not guarantee future results. All trading involves risk. These results are from backtests with quality tick data and realistic slippage/commission modeling. Your results will vary based on broker conditions, execution quality, and market conditions.
You can verify these results yourself by downloading the demo version and running tests in the MetaTrader 4 Strategy Tester with quality historical data.
Key Features
Adaptive Intelligence
- All parameters automatically adjust to market volatility
- Works in both ranging and trending markets (but only trades in trends)
- No manual optimization needed for different market conditions
Professional Risk Controls
- Multiple safety mechanisms prevent account damage
- Intelligent position sizing protects capital
- Each trade has independent stop loss protection
Easy to Use
- Optimal default parameters - works well out of the box
- Extensive documentation included
- Compatible with all major brokers
- No special setup requirements
Customization Options
- Over 20 adjustable parameters for advanced users
- Can be made more conservative or aggressive
- Optional short-selling capability for experienced traders
- Detailed logging mode for analysis
Recommended Settings
Conservative (Beginner):
- Risk Per Trade: 0.3%
- Maximum Positions: 2
- Enable detailed logging to understand behavior
Balanced (Recommended):
- Risk Per Trade: 0.5%
- Maximum Positions: 3
- Default settings work well for most traders
Aggressive (Experienced):
- Risk Per Trade: 1.0%
- Maximum Positions: 4
- Tighter dip detection for more frequent entries
Account Requirements
- Minimum Balance: $500 for micro accounts (with conservative settings)
- Recommended: $2,000+ for standard trading
- Leverage: 1:100 or higher recommended
- Broker Type: ECN or low-spread broker preferred for optimal results
- Connection: VPS recommended for 24/7 operation
Installation & Setup
- Download and install in MetaTrader 4
- Attach to H1 chart of EURUSD (or your preferred pair)
- Adjust Risk Per Trade percentage if desired (default 0.5% is recommended)
- Enable auto-trading
- Monitor for first few days to understand behavior
Demo Testing Required: Always test on demo account for at least 2 weeks before live trading to understand the robot's behavior and verify settings work for your broker.
Updates & Support
- Regular updates to maintain compatibility with MT4 platform
- Responsive email support for setup and configuration questions
- Active monitoring of user feedback for continuous improvement
- Free updates for all purchasers
About the Author
William Mwangi Wamuyu is an algorithmic trading developer specializing in trend-following and momentum-based strategies. With over 5 years of experience in financial markets and programming, William focuses on creating robust, transparent trading systems that prioritize capital preservation and consistent growth over flashy but unrealistic promises.
His approach emphasizes:
- Realistic, achievable returns based on sound trading principles
- Complete transparency in strategy logic
- Professional risk management in every system
- Extensive testing before release
MQL5 Profile: https://www.mql5.com/en/users/qzn86hjbvc
Legal Disclaimer
Risk Warning: Trading foreign exchange, indices, and commodities on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment. You should not invest money that you cannot afford to lose.
No Guarantee: This Expert Advisor is a tool to execute a specific trading strategy. Past performance is not indicative of future results. No trading system can guarantee profits. Market conditions change, and what worked in the past may not work in the future.
Testing Required: Always backtest with quality tick data on your specific broker before live trading. Run the EA on a demo account for at least 2 weeks to understand its behavior. Never risk capital you cannot afford to lose.
Get Started Today
Join hundreds of traders who are systematically profiting from market dips. Download the demo version to test on your broker, or purchase the full version to start trading with confidence.
Remember: Success in trading comes from discipline, patience, and proper risk management. This robot provides the system - you provide the discipline to let it work.
Trade smart. Trade systematically. Own the Risk Premium.
