The Pinpoint V2 now only trades on the GU pair. The GU is the stronger pair so we're choosing to put our focus on it. The monthly profit average estimate is now +2.37% a month.
No setfile is needed. Just plug and play.
The Pinpoint V2, should only be used on the GU pair.
It won't trade every day but you will likely get trades every week!
You can check out the full 18 year backtest here.
V1.9 had reports of some trades being taken against the larger trend within the EA. This shouldn't be happening. We've been working hard trying to find the problem. We think we have fixed the issue but we won't fully know until the majority start using V1.95.
The default EA settings are set for the GBPUSD pair. The previous EURUSD setfile will work perfectly on the EURUSD pair in V1.95! You can re-download the setfile form our discord group below if needed! The setfile is required for the EU pair!
Feel free to contact me via the Discord group if you have any further questions!
Thanks for your patience and support everyone!
Estimated +0.30% more monthly profit EU and GU in V1.9!
0.18% more monthly profit average on the EURUSD
0.12% more monthly profit average on the GBPUSD
- Still works on 30:1 leverage accounts!
- Fixed the supertrend filter bug. This was causing some rogue trades to be taken AGAINST the trend in all previous versions at some brokers! This has now been fixed!
- Please download the new Pinpoint V1.9 EURUSD pair preset file from our free discord group link below! https://discord.com/channels/766379924109918219/785228032482344961/797519628762480680
1) A setting was missing causing the Pinpoint to take slightly less trades on both the EU and GU. This has been fixed in V1.81!
PLEASE download the EURUSD setfile at our free discord group! https://discord.gg/Qqv9BQDW
1) Now includes a max lots size filter (by default) to control the martingale risk management. This is a big deal as we now only go a maximum of 1 martingale level. The progression on a $1k balance looks like this... If the first trade at 0.01 lots is a loss, the 2nd following trade will be taken at 0.15 lots with a 99.9% chance of winning. Regardless if this 0.15 lot trade is a win or not, the EA will re-start it's lot size progression at 0.01 lots on the 3rd trade. This keeps risk controlled basically negating the potential for the Pinpoint EA to EVER blow trading accounts!
2) A 30:1 leverage account can now make the same estimated 2-3% monthly profit as a 1000:1 leverage account. This is huge as brokers are giving out less and less leverage.
3) Still has it's 94% win rate over 17 years of time.
4) We now have 2 new settings in the EA inputs. Please look over these in the user manual.
5) The trailing stop loss has been replaced with a set take profit each pair. This showed more profit over the long-term.
The Pinpoint V1.7 Changes.
1) New input to bypass the "risk factor" for more control over the starting lot size.
2) Takes slightly more trades on both the EU and GU.
3) Slightly higher monthly profit average at +2.55%. Previous V1.6 had an average of +2.13%. Profit was increased by the use of trailing stops
Pinpoint V1.6 released!
The Pinpoint should now work at any broker. Previously, there was a bug that was causing odd order behavior at some brokers. This has been fixed!
1) Fixed the order bug
2) Increased average EU total monthly profit by 0.1% for V1.6. We now average 2.13% profit a month trading the EU and GU over 17 years of trading!
3) Increased the EU win rate to 94% from 93%.
4) New trade TP design displayed on chart.