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OpenPip

3

Openpip is a scalper Expert Advisor to be used on low-spread accounts (mainly for ECN accounts or for zero-spread accounts). The Expert Advisor includes a limit on the size of the spread, with which positions are opened. Contains trailing stop functions (hidden mode is used, when the stop loss is invisible to the broker) and averaging functions, which can optionally be disabled. Openpip executes a huge amount of deals, which has a positive effect on rebates.

Deal opening algorithm is based on the reverse system of stop-loss, that is, the orders are opened after the number of points specified in open_points from the current price. Recommended spread size <= 5.


Settings

  • trade - enables/disables trading.
  • sounds - enables/disables sound notification of trade operations. 
  • autolot - if set to true, lot is calculated automatically taking account risk level risk_rate, but not higher than max_lot. If set to false, max_lot is used.
  • max_lot - limited maximum lot.
  • risk_rate - risk level if autolot is true.
  • stop_loss - stop loss level in points.
  • take_profit - take profit level in points.
  • spread - spread size limit.
  • open_points - points after which new deals will be opened.
  • OrdersTypes - type of orders placed. All - buy and sell. Only buy - only buy. Only sell - only sell.
  • trailing - enable trailing stop.
  • trail_points - number of points for trailing.
  • offset_points - shift in points from the open price to start trailing stop.
  • ladder - enables/disables position averaging.
  • step - size in points, when an averaging position is opened.
  • max_ladders - maximum number of averaging orders.

Reviews 4
Sohail Sarwar
967
Sohail Sarwar 2015.06.21 02:03 
 

Excellent, only on low spread, if you want amazing result chose broker that spread 0.2 to maximum 1.5. my broker is octafx, and its spread is very low.

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Big Forex Players MT4
Marzena Maria Szmit
4.64 (22)
We proudly present our cutting-edge robot, the  Big Forex Players EA  designed to maximize your trading potential, minimize emotional trading, and make smarter decisions powered by cutting-edge technology. The whole system in this EA took us many months to build, and then we spent a lot of time testing it. This unique EA includes three distinct strategies that can be used independently or in together. The robot receives the positions of the   biggest Banks   (p ositions are sent from our databa
SprutFx MT4
Salavat Yulamanov
5 (1)
Trade only from support and resistance levels. Filters are used on proprietary indicators. A grid of orders with partial closing of orders is included!   Signals                               https://www.mql5.com/ru/signals/1776144?source=Site +Profile+Seller   Currency pairs: EURGBP, GBPUSD, EURUSD, USDCAD, EURCAD, use minimum lot For rollback currency pairs, you can use an increased lot of AUDCAD, AUDNZD, NZDCAD. Timeframe: M15 Settings   Lots=0.01 Fix lot   LotsMartinp= 1 Lot
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True Channel
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True channel indicator builds the linear regression channel. The channel consists of the support/resistance line rays, as well as the averaging trend line. Extra info displayed by the indicator support/resistance price for the current bar channel width channel slope current price position relative to the channel in % Options Bars for calculation - number of bars for building the channel Price for calculation - price used for the channel borders construction (Close, High/Low and Open).
Flex Channel MT4
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Flex channel - indicator plots channel using Hodrick-Prescott filter. Hodrick-Prescott filter is the method of avreaging time series to remove its cycling componets and shows trend. Settings HP Fast Period - number of bars to calculate fast moving average HP Slow Period - number of bars to calculate slow moving average Additional information in the indicator Channel width - channel width in pips at first bar MA position - fast moving average position in the channel in persentage Close positio
True Channel MT5
Aleksandrs Butrims
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The True channel indicator plots the linear regression channel. The channel consists of two lines of support and resistance, as well as the averaging trend line. Additional information in the indicator support and resistance price for the current bar channel width channel inclination position of the channel price relative to the channel in percent Settings Bars for calculation - the number of bars to plot the channel Price for calculation - the price for plotting the channel boundaries (Clos
Flex Channel MT5
Aleksandrs Butrims
Flex channel - indicator plots channel using Hodrick-Prescott filter. Hodrick-Prescott filter is the method of avreaging time series to remove its cycling componets and shows trend. Settings HP Fast Period - number of bars to calculate fast moving average HP Slow Period - number of bars to calculate slow moving average Additional information in the indicator Channel width - channel width in pips at first bar MA position - fast moving average position in the channel in persentage Close positio
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Marco Solito
534030
Marco Solito 2018.10.12 12:21 
 

i have only loss in my account. I feel compelled to review, because I bought for the good review

michelcnrd
124
michelcnrd 2016.05.07 21:50 
 

comme mark lama, je ne comprend pas hamza2012... loss loss loss

encore un ea qui ne gagne que en backtest Y EN A ASSEZ des MAUVAIS VENDEURS

ARRETEZ DE VENDRE N IMPORTE QUOI !!!

Mark Lama
221
Mark Lama 2016.01.17 10:51 
 

ALL I CAN SAY IS "LOSSING!" Its killing your account slowly! I dont why Hamza2012 RATE THIS EA 5 STAR. Maybe you can show your REAL LIVE TRADING and it would be highly appreciated.

Sohail Sarwar
967
Sohail Sarwar 2015.06.21 02:03 
 

Excellent, only on low spread, if you want amazing result chose broker that spread 0.2 to maximum 1.5. my broker is octafx, and its spread is very low.

Reply to review
Version 1.32 2023.03.22
Upgrade to new compiler
Version 1.31 2016.01.13
- minor bug fixes
- it is now possible to set the magic numbers for orders in the EA settings