Pips Owner

The Pips Owner trades automatically. It belongs to level breakout scalping strategies. It is designed for high-speed trading on the financial instrument it is attached to. In order to trade different financial instruments simultaneously the EA must be attached to the chart of each relevant financial instrument. The Expert Advisor trades using pending orders.

Different combinations of input parameters, timeframes and financial instruments provide the trader with wide tactical trading opportunities, which allows customizing the trading in conditions of mass application of the strategy.


Input parameters

  1. Initial Deposit - the initial deposit.
  2. Lot Fixed - fixed lot.
  3. Last Lot - the last lot (in case the EA is reloaded).
  4. Lot Percent - lot as a percentage of free margin.
  5. Lot Type:
    • Fixed.
    • Percentage.
    • Differentiated.
  6. Strategy Type:
    • Intensive.
    • Normal.
    • Mild.
  7. TakeProfit Start Distance - starting distance of Take Profit:
    • Long.
    • Short.
    • Long-Short (converts the distance after opening an order form long to short).
  8. Bars Number - the number of bars.
  9. Distance - the minimum allowed distance for pending orders of one type, in points.
  10. Inside Level - distance of the price from the level breakout for the Normal trading style.
  11. Long TakeProfit - long Take Profit in points.
  12. Short TakeProfit - short Take Profit in points.
  13. StopLoss - Stop Loss in points.
  14. StopLoss Virtual - virtual Stop Loss in points (0 - disabled).
  15. Order Symbol Limit - limit on the number of positions and pending orders of one type.
  16. Magic Number - magic number.
  17. Monday Start Time - operation start time on Monday (server time).
  18. Friday Finish Time - operation end time on Friday (server time).
  19. Daily Start Time - daily operation start time except Monday (server time).
  20. Daily Finish Time - daily operation end time except Friday (server time).
  21. Spread Maximum - maximum spread.
  22. StopLevel Maximum - maximum Stop Level.
  23. Pips as Profit for Breakeven StopLoss - the number of points in profit to transfer Stop Loss to breakeven (0 - disabled).
  24. Pips as Profit for TrailingStop - the number of points in profit for Trailing Stop (0 - disabled).
  25. Slippage - slippage in points when closing.
  26. Slippage Defense - protection against slippage in points.
  27. Use Slippage Defense - apply slippage protection:
    • true - yes.
    • false - no.
  28. Use TP Management - apply Take Profit management:
    • true - yes.
    • false - no.
  29. Use Daily Pause - apply daily pause in trading:
    • true - yes.
    • false - no.
  30. Connection Control - monitor connection to the trading server:
    • true - yes.
    • false - no.
  31. Send Mail - send email notifications about disconnection from the trading server:
    • true - yes.
    • false - no.
  32. Print Report - print reports:
    • true - yes.
    • false - no.
  33. Language - language of the notifications:
    • English.
    • Russian.

The real Take Profit and Stop Loss levels are always set. Input parameters 23 and 24 can be used both together and separately. The virtual Stop Loss is static. If it is used, it can be placed closer to the Open price than the real Stop Loss.


Limitations

The number of bars for trading and testing must be greater than 99.


Recommendations

Screenshots of testing results on М30 or Н1 show the best financial instruments for applying the EA. However, it is also possible to trade other financial instruments and timeframes. It is possible to trade multiple financial instruments and/or timeframes simultaneously.

Trading should be performed on a VPS server with minimal latency. ECN/STP brokers with low or no commissions, tight spreads and no limits on scalping are preferable for trading. The Stop level and Freeze level should also be taken into account.

The EA is recommended for trading with market execution of trade orders.

Please test the EA in the strategy tester on a demo account before using it on a live account.


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5 (17)
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Bitcoin Robot Grid MT4 is an intelligent trading system designed to automate BTCUSD trading using the grid trading strategy. This method takes advantage of market fluctuations by placing a structured series of buy and sell orders at predefined price levels. The robot   continuously monitors market   conditions and executes trades according to its preset parameters, allowing for consistent market engagement without the need for manual intervention. Bitcoin Robot Grid is the   perfect solution  
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Real monitoring :   XAUUSD M30 SL3 ,            XAUUSD__BTCUSD__ M30__SL3 For more information, please contact us via private message or in  the mql5 group. THERE   ARE   ONLY  3   OUT   OF   10   COPIES   LEFT   AT   A   PRICE   OF  649   USD ! AFTER   THAT , THE   PRICE   WILL   BE   INCREASED   TO  920   USD . Imagine that you have an experienced trader who monitors the market every day, waits for the price to break through an important level, and instantly opens a deal. That's exactly what
MyGrid Scalper Ultimate
Ahmad Aan Isnain Shofwan
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MyGrid Scalper Ultimate Structured Execution for Confident Traders MyGrid Scalper Ultimate is a auto and manual-entry grid manager designed for experienced traders who already have their own entry strategy. It is the paid and extended version of MyGrid Scalper Free , one of the most downloaded free EAs on the MQL5 Market (28,000+ times). If you're looking for a fully automatic EA, this may not be the right tool. But if you want a system to handle lot scaling, exit logic, and risk structure a
Algo Capital Trader
Jimitkumar Narhari Patel
Experts
Algo Capital Advanced Market Intelligence Trader: Empowering Traders with Integrity and Insight Algo Capital proudly introduces its inaugural state-of-the-art Advanced Market Intelligence Trader - engineered to transform your trading experience through precision, adaptability, and advanced market intelligence. Powered by proprietary algorithms and deep market research, this solution is designed to deliver consistent, high-quality performance across diverse market conditions. Why Algo Capital?
The Infinity EA MT4
Abhimanyu Hans
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Experts
Contact me for discount before purchasing! AI-Driven Technology with ChatGPT Turbo Infinity EA is an advanced trading Expert Advisor designed for GBPUSD and XAUUSD. It focuses on safety, consistent returns, and infinite profitability. Unlike many other EAs, which rely on high-risk strategies such as martingale or grid trading. Infinity EA employs a disciplined, profitable scalping strategy based on neural network embedded over machine learning, data analytics AI based technology provided by lat
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The indicator of DeMark fractals. The indicator can be drawn on the basis of price data and on the basis of a moving average. There is a possibility to color the up and down fractals. The indicator can be used for manual and for automated trading within an Expert Advisor. For automated trading, use any indicator buffer of the double type: 0 - up fractals, 1 - down fractals! Values of the buffers must not be equal to zero.  A moving average is drawn on the basis of input parameters: Calc_Method 
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Description A universal indicator CCI together with moving averages based on it. Depending on the need, moving averages can be disabled. You can color the indicator lines and levels: lines of CCI, moving average lines and thresholds of overbought and oversold levels.   The indicator can be calculated as the standard one on the basis of a price or as a derivative on the basis of the following eighteen other indicators included in the standard package of the MetaTrader 4 terminal: AD - an indicato
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Description Keltner's colored channel indicator,also called STARC band, drawn in the main chart window. The indicator uses the calculation technique of the three drawing options: basic, improved and modified . The first two were proposed by Keltner, the third one - by a successful trader L. Rakshe. You can also search for your own best parameters of the indicator. The upper, middle and lower bands can be colored. The indicator includes the basic analytical tool of the market moods by Keltner. Th
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Description A colored channel indicator Price Channel to be drawn on the main chart of a financial symbol. It can color bullish and bearish moods based on the middle line of the indicator, as well as change the color of the upper and lower lines of the channel. Purpose The indicator can be used for manual or automated trading in an Expert Advisor. Values of indicator buffer of the double type can be used for automated trading:  The middle line of the indicator - buffer 4. The upper line of the
Multicurrency Candlesticks
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Description Candlesticks is a colored multicurrency/multy-symbol indicator. It shows a financial instrument as a candlestick chart in a separate window below the chart of the main financial symbo. The indicator may be used with any broker, irrespective of the name of the financial instrument since it is necessary to manually enter the name as an input parameter. If you enter a non-existent or incorrect name of a financial instrument, you will receive an error message that this financial instrume
Candlestick Tools
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Description Candlestick Tools  is a colored multicurrency/multy-symbol indicator. It shows one of four standard indicators as a candlestick chart in a separate window below the chart of the main financial symbol. The indicator is calculated based on one of two indicators included in the standard package of the МetaТrader 4 terminal: CCI - Commodity Channel Index. RSI - Relative Strength Index. The default indicator is Commodity Channel Index. The indicator may be used with any broker, irrespecti
Pivot Pro
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Indicators
Description Pivot Pro  is a universal color indicator of the  Pivot Points  levels systems. You can select one of its three versions:  Standard   Old , Standard New  and  Fibo . The system will automatically calculate the  Pivot Point  on the basis of market data for the previous day ( PERIOD_D1 ) and the system of support and resistance levels, three in each. It can also display price tags for each level. You can color the indicator lines. Only a method of calculation of the third level of supp
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Indicators
Description The indicator is intended for labeling the chart using horizontal levels and/or half-round prices. The indicator works on any financial instrument regardless of the name and the number of digits. A user can choose colors for the indicator lines. Input Parameters Calc_Method - method of calculation of the lines: levels of round prices. levels of half-round prices. Digits_Accepted - flag for calculating the levels according to number of decimal places in the quotes of a financial inst
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Description A colored universal multicurrency/multi-symbol indicator MACD Line Smart (the indicator moving average convergence divergence is displayed as a histogram) based on double or triple moving average .  Comparing to the standard MACD this indicator is more sensitive to what allows generating advance signals. he indicator may be used with any broker, irrespective of the name of the financial instrument since it is necessary to manually enter the name as an input parameter. If you enter a
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