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Pips Multiplier MT4 EA

The Pips Multiplier MT4 EA is a a trend-following EA, 3 filters are used to open trades. Every position has virtual Stop Loss and a Take profit based on your settings and only visible to you and invisible to the broker to prevent dishonest brokers to manipulate the market price in order for you to hit your stop loss and lose your trade. The EA was created with minimal settings for simplicity of use and hardcoding the more complex settings. The EA works on all Forex pairs and all timeframe.

The EA will open and closes trade positions automatically on your behalf 24/5 like clock work even while you sleep all that on auto-pilot. The advantages and potential are very obvious .

The EA Graph and report provided here are back test results with real ticks data on a $ 1000 account using a fix 0.1 Lot size, it covers the period from January 2022 to mid of March 2023 when the EA was published, the EA brought brought account of $ 1000 all the way to $ 73 000 USD, of course lot sizes can be increased at any point of time for much bigger profits. The back test clearly shows the potential of the Pips Multiplier MT4 EA  on a small account and not aggressive lot size. The EA was also tested with a $100 account for those of you with smaller starting capital, the results were also impressive. 

Once the EA is optimized to your broker it will provide very good returns on your investment. The EA is designed for trending markets and has not 1 but 3 custom filters to open the trade positions.

-         The EA works on all trending Forex pairs and on any time frame

-         Every position have fixed Take Profit and Stop Loss set by the user to prevent blowing your account once optimized. 

-         The Stop Loss and Take Profit are virtual meaning you can see your TP and your SL on your MT4 terminal  but your broker cannot see them to protect your trades and prevent dishonest brokers from manipulating market price to make you hit your stop loss and make you lose your trades instead of winning them. Unfortunately, some brokers will manipulate the price for you to lose to their advantage if they can see your TP and SL then they know what your moves are.

-         This EA is not a HFT trading robot, it will trade only when all the rules and filter conditions are met just like any EA, so be patient and let the EA run all the way, you will see the results !  When optimized correctly the EA can be very profitable. These are my results using real Tick data and may not necessarily be your results for all the reasons described below. Remember that the EA will follow the rules you have set, if you fail to setting them correctly, the EA could fail as well based your settings ! This EA is not a Grid system and works on any type of trading accounts that allows the use of EA’s.

-         This EA uses Martingale as a recovery method. Once set according to your account size it will produce very good results, see provided screenshots.

The Pips Multiplier EA was tested and successfully passed all stress test with slippage and commission taken into account by using real ticks with 99,9% quality model to represent real market conditions.

 

All Input Parameters are set by the user other than the ones that have been embedded in the code for ease of use. Obtaining best profitable set files for current and past market conditions can easily be achieved using the strategy tester. Do not use any default settings or someone else settings! Different brokers, spreads, slippage and speed of execution will produce different results from user to user and Pc to Pc no matter which EA you are using, so create your own set files, this is a Golden rule for any EA user.

Parameters

  • Lot: lot size of opened trades on trigger signals, this is set by the user. Please adjust according to your account size and threshold.  Never trade on a live account without optimizing your EA and back testing. EA’s can produce fantastic results very quickly but can also blow your account if not optimized, the same risk exist when trading manually as well, trading with a robot is no different. There’s a learning curve and some homework to do and is the same when manual trading.
  • Stop Loss (pips):     Stop Loss in pips. 
  • Take Profit (Pips):  Take profit in Pips.
  • Filter 1, Filter 2 and Filter 3 are used to trigger BUY and SELL trading positions.
  • Magic Number: EA Identification number used when running multiple instances of the same EA on one currency pair, you can change this value for each instance.
  • Recovery factor:  Used by the EA to recover from losing trades, set this value based on your trading account size.
  • Symbol: Works on any currency pairs
  • Time Frame: Any
  • Minimum deposit: $100 
  • ECN recommended
  • VPS:   Recommended 
  • Leverage:  Any

Backtest

During the development, the EA was tested using 100% quality Tick historical data. Broker’s history data have missing data points for every candle stick are thus of poor quality, the results produced by such broken data will false your results and will not reflect the reality in a real live trading account. Free and paid quality tick data are available to download and can easily be found on on the Web.

If you have any questions or need help with setting up the Expert Advisor up, do not hesitate to contact me. 

Understand the risk involved in trading, past performance is not a guarantee of future results. Your results may differ from my results based on your experience, your broker’s spreads, slippage, commission fees, your PC performance, your trade execution speed, your internet speed, your connection and so on, all those will impact your results.


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BTCUSD GRID EA is an automated program designed to use the grid trading strategy BTCUSD GRID EA is highly useful for beginners and experienced traders alike. While there are other types of trading bots you can use, the logical nature of the grid trading strategy makes it easy for crypto grid trading bots to perform automated trading without issues. BTCUSD GRID EA is the overall best platform to use if you're looking to try out a grid trading bot. BTCUSD GRID EA is highly effective for the cryp
This EA was once our internally used premium EA, now offered to everyone after adaptive improvements. It utilizes stable time zone patterns, generates orders almost daily with a very high win rate, and is particularly suitable for clients with lower capital. Backtesting using MT5's "Every tick based on real ticks" mode yields results highly similar to live trading, no adjustments and showing long-term stability, indicating a mature strategy. However, everything has two sides. This EA's strategy
TopBottomEA
lizhi fu
4.67 (48)
TopBottomEA's advantage: the first support for small capital work EA, real trading for more than 4 years; this EA based on volatility adaptive mechanism, only one single at a time, each single with a stop-loss, an average of about 4 orders per day, holding a single length of 12 hours or so, with a limit of $ 20 principal challenge backtesting ran through more than 10 years. Every interval of three days to increase the price of $ 100, the price process: 998 --> 1098 --> 1198...... Up to the targ
GRain EA MT4
Roman Erokhin
4.5 (6)
Good afternoon. My name is Roman, I am the creator of Gold Rain EA. I have been preparing for its realization for a long time, went through a lot of tests and now I finished the product and went on sale with a live good signal. My motto is to use only live signals, I do not release products without history or lack of real accounts. Now you have the opportunity to try Gold Rain EA in your hands. I will help every client to customize and install EA, from beginner to pro. Tired of complicated EA mo
Dark Algo
Marco Solito
4.75 (52)
Last copy at 399$ -> next price 499$ Dark Algo  is a fully automatic Expert Advisor for Scalping Trading on Eurusd . This Expert Advisor is based on the latest generation of algorithm and is highly customizable to suit your trading needs.  If you   Buy this Expert   Advisor you can   write a feedback   at market and   get   a second EA for   Free , for More info contact me The basic strategy of this EA is built on a sophisticated algorithm  that allows it to identify and follow market trends .
FT Gold Robot MT4
Marzena Maria Szmit
4.4 (35)
Introducing the FT Gold Robot MT4, your ultimate companion in navigating the intricate world of XAUUSD trading. Developed with precision and powered by cutting-edge algorithms, FT Gold is a forex robot meticulously crafted to optimize your trading performance with   XAUUSD pairs . With its advanced analytical capabilities,   FT Gold Robot   constantly monitors the gold market, identifying key trends, patterns, and price movements with lightning speed. The FT Gold Robot opens 5 positions every da
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