Pips Extractor

An EA built with a well defined trading algorithm, precise entry trading set up and a smart trailing technique. It uses Moving Average and Bollinger band to enter a trade at very precise price level. Stop loss and Profit target are provided for every trades opened.

Check the account monitoring here

Click here to download set file for all the pair

Recommendations

    Pair - EURUSD, EURJPY, GBPUSD, AUDUSD, USDCAD, USDCHF, NZDUSD.
    Timeframe - 1 hour
    Low spread brokers 

Click here to try it free

Requirement

    VPS that is available 24/7 
    Minimum initial Balance - $100
    low spread 


Input Parameters

•     Display_EA_Name  - if  set true, dashboard of the EA is displayed.

•     Magic_Number - trade identification number,

•     UseMoneyManagement - if true, the EA will calculate lot size to use in opening initial trade by using the value of MaximumRisk parameter below;

•     FixedLots - Fixed trading volume for every open positions;

•     MaximumRisk - percentage of initial deposit to be used in opening a single trade;

•     DecreaseFactor - value used in calculating the next trading lot if  the previous trade is a loss trade. The higher the value, the lower the next trading lot;

•     ST_MaximumTolerantSpread - maximum value of spread for opening any trade. NOTE THAT THE EA DOES NOT AUTO DETECT IT FOR 5 DIGIT QUOTE. YOU SET YOUR MAXIMUM VALUE

•     ClosePositionOnFriday - if set true all the open positions will be closed on Friday night

•     Usetrailingstop - if set true, the EA will trail the profit with the use of inbuilt railing set up;  

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