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  • Reviews (5)
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FX Pimp GT MT4

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 5


PROMO: ONLY 3 COPIES OUT OF 10 LEFT AT $99!

Next price:        $199

Price will be kept high to limit number of users for this strategy


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 5
Eduard Mushkatin
692
Eduard Mushkatin 2020.10.21 01:57 
 

Honestly, this is one of best MT5 EA I have been seeing in the market so far. It's very stable and profitable. It generates steady and concise profits. I highly recommend it for everyone. Thanks the developer for the great job, well done.

Simon Connor
16
Simon Connor 2020.10.20 09:54 
 

Recently purchase this martingale EA. Back tested it and ran on a demo account before going live. Results on the demo account were promising. The settings are easy to work with so adjusted to very conservative. Hopefully will see small but consistent profits.

Pham Son
17
Pham Son 2020.10.20 09:23 
 

Such a great EA, perfect for my style. Using it on short, high frequency daily sessions. Looking forward to upcoming updates

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FxPro Expert Advisor  is a fully automated forex trading robot designed to work on the most traded currency pair EURUSD. The strategy based on breaking through price levels and does not uses lagging indicators, each entry point is calculated using an advanced input filter based on the analysis of the movement of the price chart. Each order is secured by a fixed stop-loss while profits are carried out using a dynamic stepwise algorithm to capture the maximum profit. Live Monitoring, EURUSD H1, D
499 USD
Panther Trader Pro
Michela Russo
Panther Trader Pro is a trading robot  for the trading on forex. This is a Trend Following system that trades mainly during Asian Session. The EA has been subjected to  stress tests  for a period of  17 years  and  passes every year  with a very advantageous profit/drawdown ratio. Important Information Revealed By  purchasing  this Expert Advisor you are entitled  to receive a free copy  of   Fox Trader Pro ! (All future updates included) -> To Receive it, Please Contact me by mql5 message or
199 USD
Magic FX
Alexey Bolshakov
Magic FX is an automated trading system that uses a channel indicator and candlestick patterns to open and close trades. Trades every day at a specific time. Follows the news, a news filter is installed in the advisor, if important news comes out, the EA does not trade. Doesn't use grid, martingale or other dangerous money management methods. Timeframe М5, currency pairs EURAUD, EURCAD, GBPCAD, GBPUSD Minimum deposit 50 usd. 100 usd for each 0.01 lot Live signal  https://www.mql5.com/en/signa
345 USD
Breakthrough Strategy
Konstantin Kulikov
This system was developed to work with a large number of sets and after a certain time showed itself well when working at the close of trading on Friday. As a result, this direction of trading has become the main one for working with this expert. There are 25 current sets for different currency pairs, as well as a profile for quick setup   (download in comment #96 ). You can analyze the statistics of the work of an expert for different currency pairs at my signal:  https://www.mql5.com/en/signal
280 USD
AW Recovery EA
Alexander Nechaev
Advisor is a system designed to restore unprofitable positions. Simple setup, delayed launch during drawdown, locking, disabling other expert advisors, averaging with trend filtering and partial closing of a losing position built into one tool. The system of automatic calculations will prepare the settings in a few clicks. The use of partial closing of losses allows you to reduce losses with a lower deposit load, which ensures a more secure work with losses, in contrast to the grid strategies of
145 USD
GerFX Density Scalper
Exler Consulting GmbH
IMPORTANT: Please contact me after buying or renting for the correct key paramter.  Before you buy a night scalper please be aware of the risks involved: 1) Past performance is no guarantee of future profitability (the EA could also make losses).  2) The backtests shown (e.g. in screenshots) are highly optimized to find the best parameters but therefore results cannot be transferred to live trading. 3) Any mean reversion can get caught on the wrong side of a fast movements due to unexpected new
2 000 USD
To The Moon EA
SERGEI RIEBIN
LAUNCH PROMO: ONLY 3 COPIES OUT OF 10 LEFT AT $599! Next price:        $699 Price will be kept high to limit number of users for this strategy To The Moon comprises the best out of trend trading  applied to bitcoin . As many people know crypto markets are much less efficient than traditional markets like Forex. It means they are easier to make profit on. They are also trend markets. Using high-quality trend systems as this one is the best possible way to leverage opportunities given by crypto m
599 USD
RocketEA
SERGEI RIEBIN
LAUNCH PROMO: ONLY 6 COPIES OUT OF 10 LEFT AT $499! Next price:        $549 The EA opens trades at the beginning of New York session . This is an ideal time to enter the Forex market as the two largest markets in the world literally overlap each other. During this four-hour period, you can see a great increase in liquidity and volatility provided by both London and New York market participants. The EA analyses the market using the advanced trend filter (ATF). The ATF is a directional filter all
499 USD
Turtle Scalper Pro
Michela Russo
Turtle Scalper Pro is a trading robot  for the trading on forex. This is a mix of Trend Following and Counter Trend system.   Backtest Now! This Expert advisor not use   arbitrage, grid, martingale or other dangerous strategy , All Trades are covered by StopLoss and TakeProfit . Important Information Revealed By  purchasing  this Expert Advisor you are entitled  to receive a free copy  of   Wasp Crazy Pro ! (All future updates included) -> To Receive it, Please Contact me by   mql5 message   o
199 USD
ATS Advisor
Ivan Bebikov
The MT5 version of the expert Advisor is here -  https://www.mql5.com/en/market/product/54481 (In MT5 and MT4 versions, there may be slight differences due to the implementation of the code on MT5) ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Fully automatic adviser, with a system for recovering from losses. The strategy is based on the breakdown of signific
399 USD
GOLD EAgle mt4
Evgenii Aksenov
⭐   ⭐   ⭐   ⭐   ⭐  LAST WEEK PROMO PRICE!!!   🏃   🏃   🏃   This GOLD EAgle is created for the XAUUSD (GOLD). This is a trend strategy that uses the TrendLine PRO indicator and trades on the M1-M15 timeframes The EA has a mobile trading panel for managing auto-trading functions and the ability to open trades manually. All trades opened by the trader in manual mode will be closed with a profit using the DD Reduce Functions settings We can say that the task of the EA is to bring any trade to p
125 USD
Filter:
philippe germain
2248
philippe germain 2020.10.21 12:01 
 

Dangerous ea with martingale.

Dragos Mihai Ofrim
393
Reply from developer Dragos Mihai Ofrim 2020.10.21 12:17
Hi Philippe. Thank you for your feedback. The Martingale strategy itself can lead to high risk trading, but this EA has several settings that allow you to control the risk. I have just released the 2.0 version that lets you increase the step for new trades, thus limiting the number of opened positions. You have an equity stop setting that will close all your positions when a certain drawdown is hit. Moreover, you have the time interval setting which enables you to trade only on usually calm moments in the market, specific to your symbols pair. Keeping the risk in check will considerably boost your profits. I also recommend to test the MT5 version, as the Strategy Tester and Optimizer in MT5 is so much powerful and it will reveal the perfect low risk settings for your own approach. Nevertheless, thank you for your heads up, as I will continue to update this EA to simultaneously lower the risk and increase profitability.
Eduard Mushkatin
692
Eduard Mushkatin 2020.10.21 01:57 
 

Honestly, this is one of best MT5 EA I have been seeing in the market so far. It's very stable and profitable. It generates steady and concise profits. I highly recommend it for everyone. Thanks the developer for the great job, well done.

Dragos Mihai Ofrim
393
Reply from developer Dragos Mihai Ofrim 2020.10.21 02:04
Hi Eduard, thank you for your comments. If you need any assistance please let me know.
Simon Connor
16
Simon Connor 2020.10.20 09:54 
 

Recently purchase this martingale EA. Back tested it and ran on a demo account before going live. Results on the demo account were promising. The settings are easy to work with so adjusted to very conservative. Hopefully will see small but consistent profits.

Dragos Mihai Ofrim
393
Reply from developer Dragos Mihai Ofrim 2020.10.20 10:12
Hi Simon, thank you for this review. Please keep me updated on your performance and let me know if I can assist you in any way.
Pham Son
17
Pham Son 2020.10.20 09:23 
 

Such a great EA, perfect for my style. Using it on short, high frequency daily sessions. Looking forward to upcoming updates

Dragos Mihai Ofrim
393
Reply from developer Dragos Mihai Ofrim 2020.10.20 09:30
Great angle for this EA, thank you Son. I will release new updates by the end of this week.
Mark ODonnell
447
Mark ODonnell 2020.10.20 08:26 
 

Outstanding communication with the seller! By far the best support I've got around here.

Dragos Mihai Ofrim
393
Reply from developer Dragos Mihai Ofrim 2020.10.20 08:50
Hi, happy to answer all your questions. Thank you for this kind review.
Reply to review
Version 2.0 2020.10.21
Added new configuration parameters:
Increase Step, Increase Step Threshold Type, Increase Step Threshold, Increased Step (points)