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REGISTER PARTICIPANTS Expert Pipexcavatorforshort Mt4

Discussion in 'Forex Market MQL5' started by James Goldman, Sep 9, 2020.

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James Goldman
  1. James Goldman

    James Goldman Moderator
    Staff Member Organizer

    Jun 15, 2020
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    Let me introduce the second semi-automatic Expert Advisor from the family of PIP EXCAVATORS. This EA is based on opening a trade on each tick with take profit and stop loss of your wish! The only thing this EA needs is YOU. The usage is very easy, copy the file to your MT4 (broker) folder and put it into your charts. According to your analysis, you need to search for some DOWNTREND and let the PIP EXCAVATOR FOR SHORT work. You can start it when you want and stop it when you want.

    Make your trading perfect and collect each pip on market with your Pip Excavator for Short! Do not forget to have a look at the second member of the family PIP EXCAVATOR FOR LONG.

    WARNING! Trading with such an Expert Advisor could be very dangerous as it opens a trade on each tick. You must be sure that your analysis and entry into DOWNTREND are apropriate. Keep in mind the size of your account balance, leverage and number of trades you open!

    Tip: Try to open a low number of trades with TP including spread (e.g., 5 pips). According to this, you can scalp in very effective way and secure your profit. Try to use it at the beginning with the lowest lot size to be familiar with usage of your Pip Excavator for Short.

    Input Parameters
    • Lots - position size
    • TargetPointinPips - target point value (with 5-digit brokers, set your TP to e.g., 30, 40, 50 etc., which coresponds to 3, 4, 5 pip target point)
    • StopLossinPips - stop loss value (with 5-digit brokers, set your SL to e.g., 30, 40, 50 etc., which coresponds to 3, 4, 5 pip stop loss)
    • TradeComment - comment for your trades

    pipexcavatorforshort-screen-1021.jpg pipexcavatorforshort-screen-8570.jpg


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