Pinpoint EA, a sophisticated Scalping MT4 Expert Advisor, is now available for free download. It boasts an impressive 94% win rate and has demonstrated remarkable stability by never losing more than two consecutive trades in 17 years of rigorous testing on major currency pairs like GBPUSD and EURUSD.
Key Features and Trading Strategy
Pinpoint EA conducts 2-5 trades daily without opening multiple trades simultaneously. Each transaction is safeguarded by a Stop Loss, which, although substantial, is integral to its strategy. The EA offers flexibility in trading volumes, allowing users to choose between fixed lot sizes or auto-adjusted lots that increase transaction sizes based on predefined criteria.
The Double-Edged Sword of High TP-to-SL Ratios
At first glance, Pinpoint EA seems a secure trading choice. However, its default settings feature a high Take Profit (TP) to Stop Loss (SL) ratio of approximately 1:18. This means that if the Stop Loss is triggered, the subsequent order’s lot size could be 18 times larger, escalating rapidly if losses continue. This approach resembles a martingale strategy with a high multiplier, which can be risky despite the EA’s high win rate.
Download
Key Features and Trading Strategy
Pinpoint EA conducts 2-5 trades daily without opening multiple trades simultaneously. Each transaction is safeguarded by a Stop Loss, which, although substantial, is integral to its strategy. The EA offers flexibility in trading volumes, allowing users to choose between fixed lot sizes or auto-adjusted lots that increase transaction sizes based on predefined criteria.
The Double-Edged Sword of High TP-to-SL Ratios
At first glance, Pinpoint EA seems a secure trading choice. However, its default settings feature a high Take Profit (TP) to Stop Loss (SL) ratio of approximately 1:18. This means that if the Stop Loss is triggered, the subsequent order’s lot size could be 18 times larger, escalating rapidly if losses continue. This approach resembles a martingale strategy with a high multiplier, which can be risky despite the EA’s high win rate.
Download