Evaluation of pipfinite Trend Pro EA Results

Pipfinite Trend Pro EA

Breakout Edge EA

>>> I stop selling my EAs and Indis. Thank you for your contribution and good-bye. <<<

> Once you paid, and send me the system ID, I will be informed by paypal & get back at you by mail.
> Everything is explained on this post, so make sure you read it first.

Get two EAs, based on the famous indicator trend pro, with a wide variety of options.
New: Get additional Breakout Edge EA / #1 & #2 indis on mql5 market. - All for $25!

Download the following files:









- put into EA folder

- put into Libraries Folder

And download file 'Expert Activator' here (version 04.03.20):



Pay 25$ here: paypal.me/paypalfast/25usd
Do not pay, as I have stopped selling. However, you can donate of course : )


NOTE: This EA was created, to be able to backtest your manual strategy, and optimize it.

If you want to do that, you are more than welcome to purchase it.
If you want to use the EA for automatic trading, you can do that too.

So, if you are serious about purchasing, pay via paypal and send me the system id to my mail box (step 3).
Then I will be informed and get back at you.

This EA is not ment to be used on demo accounts, and it can only be used on personal live accounts.
> you may try it on your demo account, but I give no warranty that it will work there [seems to depend on the broker].
The unlock code you will get, is made to be used on one broker (with max. 3 accounts).
**

Now, follow these steps:


1) Make sure you get your official registration name (sometimes it differs from your actual name). You will find it in your mt4 terminal, on the left side in the navigator box at the top.
Also teh account number. Please make sure, you note the correct account number(s).
You may use up to three for the same reg. name / same broker.




2) You should have already putted the files into the correct locations. If not, do it now.


3) Open Expert Activator; System will ask you to verify.
Then you see this:



3) Fulfill the following areas:

User Identifier: This is your official registration name. Put it here. - In the example above it would be Andreas Bauer

Valid Account Numbers: You can use 3 different accounts from the same broker (same reg. name).
Put them into here. - In the example above it would be 11066800

System ID: Send me the this generated ID to [email protected]
- Please note: I do not give any support here, as I am busy. I only give you the password. -

After you have paid, I will send you a password. Copy and paste it into unlock code [additionally you must have fulfilled all fields with the previous information; name, acc. nr.] - If you have not closed your mt4, you must close it now.

Click Activate and close the window (Expert Activator). Open your mt4, that's it.

If you activate the EA now, it will automatically draw the indicator onto the chart.



A second or third unlock code costs 18$ per code.

If you don't know about mt4 software and where to put the files, please check this: https://learn.tradimo.ceom/metatrade...n-metatrader-4
Please note: The files that I sell are Not indicators, but Expert Advisors. Therefore, they bleong into the Expert Folder!
[while MyEncoding belongs into libraries folder]



Some important notes:
- You must have bought the indicator pipfinite trend pro, and installed it in your mt4, before you can make use from my EA.
The indicator can be purchased on mql5.com > marketplace
- I do not have any live statements, demo accounts etc...
I coded the EA primarily to backtest my own manual strategy; anyone who likes to run the EA for his own purpose is welcome.
However, I am not running it live. And I do not have any demo version; either you agree to that or not.


Please read these input description for version 3.0:

I suppose you know what Market Orders are, Pending Orders are being divided into Stop Loss Orders and Limit Orders:
> A stop order, also referred to as a stop-loss order, is an order to buy or sell a currency once the price reaches a specified price, known as the stop price.
> A limit order is an order to buy or sell a currency at a specific price or better. A buy limit order can only be executed at the limit price or lower, and a sell limit order can only be executed at the limit price or higher.
The success rate belongs to the indicator input parameters, for understanding the indicator better please visit www.mql5.com/en/blogs/post/713938
The success rate is valid on the lower timeframe, on which the trade is being executed. On the higher timeframe only the signal (buy/sell) is being incooperated
X pips for pending orders means the pips, the price has to move into profit direction before trade is being executed.
Lot size is what lot size you use for the trade; please be aware that when you use TP1 and TP2 true plus traling stop after TP2, the minimum lot size you should use are 0.04 lots (explained in post 123)
Use Martingale; yes or no. The lot multiplier works as simple multiplier; if your first order was 0.01 and the multiplier is 2 the next order will be 0.02 lots
Use TP1 / TP2; the both Take Protif targets the indicator sets
Exit on opposite signal on HTf / LTf; the exit on opposite signal can be turned on only on lower tf or only on higher tf or on both (more in post 123)
Stop Loss / Take Profit in Pips
Use Equity Stop; yes or no
Total equity risk - If you want to risk 20%, enter 20
Stop after x consecutive losses
Use dailiy target; Daily Target
Magic Number
Max Open Orders; Max Spread
Show info to Chart; Info Corner
Trailing Stop Settings; if you set it to true, the initial lot size for TP2 will be divided into two halfs; one will be closed with TP2, the other one with Trailing Distance (also more in post 123)
Break Even Settings; if you switch this on, a Stop Loss will be placed x pips under TP1, once TP1 was hitted [Break Even X pips]; that ensures that when TP2 is not hitted, you won't loose money
I think alerts is explaining
Two timeframes can be switched to true; if a buy level on higher timeframe occurs, only a buy signal will be executed on lower tf and vise versa
Period and Target Factor also belong to the indicator specifications
The MA filter works as typical filter and can be changed in various ways; timeframe he runs on, period, shift and method



Download the ffcal indicator and put it into indi folder, if you want to make use of the news filter.




Btw:
-If you turn TP1 and TP2 both on, you must use minimum 0.02 lots as trading amount, as it has to be divided into two.
-In the strategy tester of MT4 (backtest), you cannot use two different timeframes. This is impossible with MT4.
You can only use one single timeframe (higher and lower must be same).



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I personally think, that this EA is the most sold metatrader4 EA on the Net.
I have now sold over 600 copies of it, plus around 30 users that have paid to rent the EA for 3 months (in the beginning of this journey);
I don't know any vendor on marketplace of mql5.com, that has more than 150+ reviews on one single EA.
Since I think that most buyers leave a review there, this would make my EA the Nr.1 sold mt4 EA of all times.

Now, that covid-19 has hit, most users have to first take care of their relatives and friends, and activity has dropped.
Looking forward for the time after this mess is over.

Keep yourself safe.
https://www.mql5.com/en/forum/337661

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Already 2700+ downloads of EA 2.8 and counting:


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Evaluation of pipfinite Trend Pro EA Results

In this thread we will discuss and evaluate our backtest results and settings for our pipfinite Trend Pro EA.

I'll start:
I made a backtest from 01.01.2018 - 10.03.2018, my settings are:
Pepperstone Razor Account, 90% modelling quality
EUR/USD
Market Orders
Success Rate 65%
TP 1 true
TP 2 false
exit at opposite singal true
Stop Loss 0 (disabled)
Take Profit 0 (disabled)
Timeframe
1 day/1 hour
Rest def. settings




As soon as I have more data I will update the backtest results.
Feel free to post your results here and together we will found out the best settings.

Please be advised: Other than in only changing the StopLoss, TakeProfit or TrailingStop you need to have a basic knowledge of the indicator; changing indicator values such as success rate, target factor or period will give other backtest results.

I will move most important content from old thread here:



Trade Open Type: Buy / Sell Market or Buy / Sell Limit/Stop Order (pending orders are being cancelled at opposite signal)
TP1 and TP2 simultanously activated will lead to exit 50% of lot size at TP1, 50% at TP2 - be aware to use always an amount which is higher than the minimum amount your broker accepts (for ex. Broker accepts 0,01, use minimum 0,02, because TP1 and TP2 have to be divided in two)
When TP1 & TP2 and Take Profit in Pips is activated, it depends which Take Profit will be reached first (Take Profit in pips might be nearer than Tp1 / Tp2)
the same is for exit by oppsite signal; you can activate TP1 or TP2 solo (leave other at false), 100% will be exited

_
This is how trading with a higher Timeframe confirmation looks like:

Thanks chief ,

am running it on both demo and real and its doing great ( 17 pairs )

Just want to ask if you can add a function where :

if TP1 is hit the move SL to BE ( + # pips ) as a variable ) with that at least if the trade goes against the signal we will not loss and end with TP1 gain .

Yes, a modification will most probably done in near future., but I cannot tell you when exactly

I will not post it here or discuss it in the thread, send you a pm.

I received more questions about the input parameters; I will try to explain them here:

I suppose you know what Market Orders are, Pending Orders are being divided into Stop Loss Orders and Limit Orders:
> A stop order, also referred to as a stop-loss order, is an order to buy or sell a currency once the price reaches a specified price, known as the stop price.
> A limit order is an order to buy or sell a currency at a specific price or better. A buy limit order can only be executed at the limit price or lower, and a sell limit order can only be executed at the limit price or higher.
The success rate belongs to the indicator input parameters, for understanding the indicator better please visit www.mql5.com/en/blogs/post/713938
The success rate is valid on the lower timeframe, on which the trade is being executed. On the higher timeframe only the signal (buy/sell) is being incooperated
[When a signal on higher or lower timeframe appears, the trade will be executed on next candle. That means when on 4h timeframe a signal was observed, on the next candle this trade will be executed > high timeframe 4h/ low tf 5 min - buy signal on 4h timeframe; on next 4h candle buy entries will be searched and executed on 5 minute timeframe]
X pips for pending orders means the pips, the price has to move into profit direction before trade is being executed
Total equity risk - If you want to risk 20%, enter 20
I think you know about alerts
Trailing Stop: Trailing Start means the price has to move x pips into profit direction, before the trailing starts. Trailing then starts with x pips of Trailing Distance [therefore always have Stop Loss; when Tr. Stop will not be activated because Trailing Start was not triggered you'll have no Stop Loss]
GMT Mode / offset: Most brokers have this time setting by default, you can switch Winter Time on/off
Period and Target Factor also belong to the indicator specifications; maybe a higher period and / or lower target factor can lead to more stable profits, while the other way round it is more speculative

Update: The EA does not work on demo version by now.

It is advised to set Pending Orders on lower timeframes
or use higher timeframe Confirmation

New backtest:
PepSto Razor Account, 90% model.quality, 05.12.2017 - 01.03.2018
EUR/USD

Market Orders
Success Rate 80%
TP 1 true
TP 2 false
exit at opposite signal true
Stop Loss 65
Take Profit 0 (disabled)
Timeframe
1 day/1 hour
Target Factor 1.0
Rest def. settings


Trade 11-12 is between 26.12 and 28.12 - never trade between Christmas and Silvester ; )


A tighter stop loss than 65 pips would prevent from higher losses

Am just wondering , when i set the exit trade on opposite signal ( true )

dose that mean if i was on a buy trade and then a sell signal came (( regardless )) of the higher TF confirmation . then it will close it .

IF NOT , then i really would appreciate it if you can make this as an option , as it will reduce a huge # of pips in case it was a loss trade

When an opposite signal comes in on the lower timeframe, the trade will be exited.
I think this is doing the job you want, right (?!)

Btw:
Version 2.0 is coming...
- news filter
- MA filter !
- move stop loss to TP1 price zone once TP1 was reached

This is the job as per the indi and the common thinking true

BUT i like to think out of the box what i would like it to have is

when other signal comes it takes it ( if the parameter of close on opposite is false then it keeps the running one .

along with that if there is a chance in adding a variable that close ALL open trades ( multi pairs ) if the running profit =$$

Thanks for the great coding Andrew

But isn't it running the trade to the end regulary (Take Profit / Stop Loss) when exit at opposite signal is set to false


Yes it is (( that is when you are running each pair as a target)) .

BUT i am trading a basket of pairs ( 19 pairs ) so am not aiming for each pair alone . No am looking at the overall gain

so my sl and tp are set to zeros .

Version 2.0 with the additional parameters
Breakeven means at TP1 price zone


MA Filter will only allow buy trades that are above the MA or sell trades underneath it


For when you need to close all trades at once:

Hi Buddy, I'm glad that your project is going to make good progress...!

Do you already have forward test or even live results? Do you know where ( f. i. indicators) the signals are coming from?

Thx, jdva

Hi,
Really interested in this EA. How can we try it out?

Thanks,

ND

Yeah Now i got my CUSTOM tailed EA ( Thanks Andy )

on 20 pairs lets see how things will end up

Thank you, not by now.
Had to modify some things to get the EA work correct.

Backtest 01.07 - 23.12.17

thanks...almost too good to be true in real......only 7/8 trades/per month...right!? Still no forward tests? Don't know how reliable 90% modeling data BTs are.
Happy pipping, jdva

You are right, still have to find out best stop loss / trailing stops.
But as for 90%; it is tested every hour candle and every day candle; isn't it reliable?! 99% modelling quality is especially better for high flying trade EAs with a high trade frequency on 5 minute charts...

Good morning all? I would like to ask if this is an indicator or an EA and where could I find a demo versión to test it. It seems interesting. Thanks in advance.

Hello,
the EA is based on the indicator pipfinite trend pro, which you can find on mql5.com > markets.
It is #1 indicator there.
My EA is based on it. If you are interested, pm me and I will send you more instructions.
Regards