• Overview
  • Reviews (3)
  • Comments (5)

FX Pimp GT MT5

Overview

FX Pimp GT is a highly profitable and configurable expert advisor that is based on the Martingale approach. Numerous configuration parameters are available in order to boost the performance of this EA which can continuously run on consistent profits if used with appropriate risk to reward settings. It can fit any profile of trader, from intraday, high frequency fans, to daily long-term conservatives. FX Pimp GT can run on any symbol and timeframe, thus enabling a considerable number of configurations.

FX Pimp GT is also available for MetaTrader 4


How it works

FX Pimp GT opens a new position whenever a new bar is opened, in the direction of the previously closed bar. If the take profit is hit, the procedure resumes on the next new bar. If the price moves in the opposite direction, new recovery positions are opened each time the negative price variation exceeds a predefined threshold. This variation is measured at the opening time of a new bar. In this Martingale approach, recovery positions have increasing volumes in order to lower the take profit level and thus to close all opened positions faster, with profit. FX Pimp GT runs only for the selected symbol and timeframe of the corresponding chart.

FX Pimp GT can run on virtually any VPS, including MQL5 VPS.


EA Configuration

Click here for a breakdown of all FX Pimp GT settings, config files, charts and more.

Best practices

- Before running FX Pimp GT on a live account, it is strongly advised to use Strategy Tester to identify the best configuration for the selected symbol.
- You can even run it on a demo account for several days in order to better understand the dynamics of the expert advisor.
- It is recommended to use FX Pimp GT on symbols that do not experience strong trend movements but are often flat and make consistent corrections.
- Use time interval restrictions for high frequency intraday trading to avoid risky price movements due to economic news.

Click here to get a tight spread account (0.0 pips spread) today!


Disclaimer

Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Past performance is not indicative of future results. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange 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 and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.




Reviews 3
Paula S
16
Paula S 2020.10.20 10:10 
 

Very good results on demo account with this EA and super easy to use. Taken live... Bring on the $$$!

Mark ODonnell
447
Mark ODonnell 2020.10.20 07:58 
 

Pretty cool EA. Had some issues understanding few settings but the author was amazing. I've got my answers in like 30 minutes and I was able to optimize it properly. I use the mt5 version to optimize the ea, but trade with the mt4 version. I would recommend he writes an article or something explaining the approach. It would help the community a lot

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Советник предназначен для работы на  Hedge счетах. Основная задача данного советника - выход из просадки, возникшей. например, при использовании рискованных стратегий. Советник может работать с использованием полного локирования или без него. Данный советник не открывает сделки сам, кроме локирующей позиции. Он использует прибыль других советников для закрытия убыточных ордеров, накапливая в специально буфере результаты закрытых профитных сделок. Другие советники могут быть запущены на любом инс
999 USD
Master Stochastic
Genesis Hafalla
How it works? This EA trades with Stochastic signal and base line crossovers. Only allows one open trade at a time on the currency you have attached this EA. Opens a Buy position if the signal line crosses below base line below the value you set in BuyBelow parameter. Opens a Sell position if the signal line crosses above base line above the value you set in SellAbove parameter. This EA will work in any time frame and in any pair, Stochastic oscillator will base its data on the current time fram
50 USD
Triple Moving Average EA MT5
Jan Flodin
The Expert advisor (EA) places trades when 3 moving averages (MA) are in consecutive alignment and at a certain distance from each other. Using the default settings it adopts a not very well known strategy used by some institutional traders. It involves the MAs 10, 20 and 30 or 60. The strategy works best on the H4 and D1 time frames. The Triple MA strategy (no matter which MAs are used) should be considered as a long term strategy. There could be a bad month or even a bad half year. This EA is
10 USD
Brain
Marta Gonzalez
  Brain    it is a Secure Automated Software for trade Forex market and indices. ⭐⭐⭐⭐⭐   The architecture is a Fully Automatic Autonomous Robot Expert capable of independently analyzing the market and making trading decisions   ⭐⭐⭐⭐⭐             Brain    i t is an advanced trading system. This is a fully automatic Expert Advisor.        Brain   is a plug and play system   Brain     It is a 100% automatic system,   The system is self-sufficient, performing all the work.     You can downloa
30 USD
Coin Generator
Jose Ramon Rosaenz
Expert Advisor easily configurable, with the following parameters: - Magic number: 1234 - Order type: Buy / Sell - TP(money): 18 - Variable: 26   The Expert Advisor is optimized for use with: EUR / USD and timeframe M1 It can be optimized for other pairs. ------------------------------------------------------------------------------------------------- 10 years Back Test, 100% quality (every tick from TICKSTORY) ---------------------------------------------------------------------------------
30 USD
Aura Gold EA MT5
Stanislav Tomilov
Limited number of copies will be sold on MQL5 market.  Price: $799 only 2 copies left at this price Next 10 copies for $899, and final 10 at $999. Later the price will increase drastically just to keep the actual users up-to-date and save exclusivity of EA. Live signal#1   https://www.mql5.com/ru/signals/837273 Live signal#2   https://www.mql5.com/ru/signals/836017 Aura Gold EA  is a fully automated EA designed to trade   GOLD   only. It is based on machine learning cluster analysis and gen
799 USD
MultiBolbands
Eugene Chistyukhin
This multicurrency Expert Advisor uses 28 currency pairs. The predictions are based on two indicators: Bollinger Bands and DEMA. The default settings are for the EURUSD M15 currency pair. Before testing in the strategy tester or installing the EA on the chart, make sure that all 28 currency pairs were visible and added to the terminal: EURUSD, EURGBP, EURCHF, EURAUD, EURCAD, EURJPY, EURNZD, GBPUSD, GBPAUD, GBPCHF, GBPJPY, GBPCAD, GBPNZD, USDCAD , USDJPY, USDCHF, AUDUSD, AUDCHF, AUDCAD, AUDJPY
100 USD
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Paula S
16
Paula S 2020.10.20 10:10 
 

Very good results on demo account with this EA and super easy to use. Taken live... Bring on the $$$!

Dragos Mihai Ofrim
371
Reply from developer Dragos Mihai Ofrim 2020.10.20 10:35
Hi Paula, happy to see your review. Please contact me if you have any question.
Mark ODonnell
447
Mark ODonnell 2020.10.20 07:58 
 

Pretty cool EA. Had some issues understanding few settings but the author was amazing. I've got my answers in like 30 minutes and I was able to optimize it properly. I use the mt5 version to optimize the ea, but trade with the mt4 version. I would recommend he writes an article or something explaining the approach. It would help the community a lot

Dragos Mihai Ofrim
371
Reply from developer Dragos Mihai Ofrim 2020.10.20 08:17
Hi, thank you for your nice comments and as well for the very useful recommendations. Great to be of assistance at any time.
Raja
621
Raja 2020.10.20 06:47 
 

One star

Dragos Mihai Ofrim
371
Reply from developer Dragos Mihai Ofrim 2020.10.20 07:06
Hi Raja, thank you for trying out this EA. Could you please share the reasons for this rating? What went wrong? Could I assist you in any way to use this EA profitably? Your constructive and valuable feedback would be highly appreciated. Best regards, Dragos.
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