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Smart Pips EA

Smart Pips EA is an Expert Advisor for MetaTrade 4. It is based on a unique trading algorithm.

Stop loss 1550 points for a broker with 5-digit quotes. This is an installation version. It can be modified to a lower value depending on market conditions.

Profit is closed by Trailing Stop.

Recommended lot for $100 deposit is 0.01. For $1000 - 0.1 lot.

The EA is working on a live account since December 19, 2013. 

Runs on EURUSD M15.


Parameters

For 5-digit quotes:

  • MagicNumber = 1111111;
  • Divergence = true;
  • Time_UTS = 2;
  • ParSet = 90;
  • Delta = 0;
  • Stoploss = 1550;
  • Takeprofit = 1600;
  • risk = 0;
  • TrailingStop = 120;
  • Lot = 0.04;
  • TradeMonday = true;
  • DeleteOrders = false.

For 4-digit quotes:

  • MagicNumber = 1111111;
  • Divergence = true;
  • Time_UTS = 2;
  • ParSet = 9;
  • Delta = 0;
  • Stoploss = 155;
  • Takeprofit = 160;
  • risk = 0;
  • TrailingStop = 12;
  • Lot = 0.04;
  • TradeMonday = true;
  • DeleteOrders = false.

Time_UTS parameter of your broker:
GMT UTS GMT UTS
DST
  Winter time
 
Broker time
Should be configured
Broker time
Should be configured
GMT -12   GMT -12 GTM-12
GMT -11 GMT -12 GMT -11 GMT -11
GMT -10 GMT -11 GMT -10 GMT -10
GMT -9 GMT -10 GMT -9 GMT -9
GMT -8 GMT -9 GMT -8 GMT -8
GMT -7 GMT -8 GMT -7 GMT -7
GMT -6 GMT -7 GMT -6 GMT -6
GMT -5 GMT -6 GMT -5 GMT -5
GMT -4 GMT -5 GMT -4 GMT -4
GMT -3 GMT -4 GMT -3 GMT -3
GMT -2 GMT -3 GMT -2 GMT -2
GMT -1 GMT -2 GMT -1 GMT -1
GMT 0 GMT -1 GMT 0 GMT 0
GMT +1 GMT 0 GMT +1 GMT +1
GMT +2 GMT +1 GMT +2 GMT +2
GMT +3 GMT +2 GMT +3 GMT +3
GMT +4 GMT +3 GMT +4 GMT +4
GMT +5 GMT +4 GMT +5 GMT +5
GMT +6 GMT +5 GMT +6 GMT +6
GMT +7 GMT +6 GMT +7 GMT +7
GMT +8 GMT +7 GMT +8 GMT +8
GMT +9 GMT +8 GMT +9 GMT +9
GMT +10 GMT +9 GMT +10 GMT +10
GMT +11 GMT +10 GMT +11 GMT +11
GMT +12 GMT +11 GMT +12 GMT +12
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