Evaluation of pipfinite Trend Pro EA Results

If you want to purchase the EA for pipfinite trend pro indicator,
please follow these steps:

1) Download the Pipfinite Trend Pro EA file from this forum:

- Opens simultanously unlimited trades (on each signal):


- Limited to open only one trade at a time:


2) Pay 25$ to paypal.me/paypalfast/25usd

3) Contact me under [email protected]


In the meantime, please put the EA file into your mt4 EA folder, and restart the mt4 terminal.
Doubleclick on the EA to open the input parameters, and just close them again.
Afterwards a second window will pop up, telling you your off. registration name in quotes ' '
(it may differ a little bit from your name you are used to, because of brokers admin).

Just send me that name, so I can give you your password; it can be used for both versions.

You can find the indicator itself under mql5.com > markets

hi,
i have send u payment USD25, please check your mail

Thanks,
I have send you an e-mail with the instructions.


So, what is new about the updated version 2.8?!

Now you can decide whether 'exit at opposite' signal shall only be active on higher or (only) on lower timeframe or on both.
Until now it had the problem, that 'exit at opposite' signal was only true, when it happened on both timeframes, leading to no exit at opposite signal when it only appeared on lower timeframe (or waiting for its appearance on higher timeframe, which could waste a lot of time).

Everyone who has bought the EA from me can use it with the old password again.
Keep in mind: Switching the 'exit at oppsite signal on higher/lower timeframe' on will lead to an exit on the featured timeframe;
it you switch both to true the first 'exit at opposite' signal will be obeyed.

One more important thing you have to keep in mind:

Whenever you switch trailing on, it will trail half of the second position that was usually closed on TP2.
Means, when you switch TP1 / TP2 and trailing to true, half of your first position will be closed with TP1, while the other half is going to be splitted into two parts, of which the first part is being closed with TP2, and the second just with trailing stop.

That means, that minimum of investment here should be 0.04 lots, because the first splitting is 0.02 closed at TP1, and the second splitting will be 0.01, closed at TP2 + trailing.

Hi, Please check your mail sir...the password not working

I have send you a modified version of EA, hope it works now.

Sent you an email pls... { email address deleted by staff }

Thanks

Someone send me an e-mail; I guess it's you.
To anybody: Please do not release your mail adresses here; other users could use them and send you spam.
Just contact me under my e-mail adress.

Yeah. Payment sent. Thanks

These are the input parameters of the 2.8 version:

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

By the way, in order to enable the news filter, you must have the forexfactory calendar in your indicator folder.

Andrew, I am not a PayPal fan and I don't use it. Do you have other payment methods? Skrill, Revolut, Neteller? Thanks.

Hi,

I have set up an account at neteller. You can send your funds to my ID: 456524969977

Regards

This were the best backtests I could gain until now, with version 2.7.
That means, that exit at opposite signal was not true on lower timeframe ('on' should give better results).



all on EUR/USD, Pepperstone-Razor Account

Hi Andreas,

How's everything going with you.

To be honest, this EA is not working for me very well. Not stable as expected. Sometimes it pop up that the password is not correct.

That's just by the way. Is there any way I can set only TP2 to be true then active trailing when TP1 hit?

Both TP1 and TP2 strategy is not working well for me because of taking TP1 and reducing the lot, sometimes return to lose.

Thanks

Hi clintala,

well, the best backtests I could gain until now is what you can see above.
As you see, the best return (window 3) leaves the stop-loss completely out, while having exit at opposite signal activated.
Of course it is quite speculative, because the drawdown is not managed when it occurs.
On the other hand, and as you see in window 2, it is quite conservative to leave the stop loss on (with a stop-loss of 45 pips) and no exit at opposite signal.
Be aware that I made those backtests when there was no option to letting trail after hit of TP2, and no option like MA filter, or turn 'exit at opposite' signal on for only lower or only higher timeframe.
Now those backtests should behave better than before.
Well and yes, you can switch only TP2 to true, but TP1 will not be recognized by the EA then.
What you can do is turn break even settings to true; there will not be placed a trailing but a stop loss x pips under TP1, which ensures you won't go into drawdown anymore (once TP1 is hitted).

Unfortunately I cannot upload any set files here; but my screenshot of the inputs above already shows what my favourite inputs are. I would just add break even settings with a pip distance of 10-15 pips; but if you let it then run threw strategy tester a lot of memory will be used and the backtest will take longer.

Thanks,

So unfortunate I am learning the hard way. Now I can try out setting on tester rather than real trade.

From your preferred input settings above you left trend pro tf settings as current current. That means it would recall from other time frame?

I appreciate your assistance.

What I actually use is 1 hour / 1 day. I had the best performance on that.
As you see there are many different features that you can tweak; when you just have a look at the different inputs of the indicator itself
(period, success rate, target factor); that overcomes my hardware capabilites.
Just by the way, I would also change the ma filter from 16 to something higher, between 20-40.

Regards

Hi Andrew, Can you explain the 1 hour / 1 day approach? Do you take the hourly signals based on the 1 day trend? Is that it?

And what settings do you use for the period and target factor?

Thanks.

Hi Hakan,

both timeframes are working as higher (confirmation) and lower (executing) timeframe.

When you for example set 1 hour / 1 day, the EA will first have a look at the 1 day chart. If there is a buy signal on this chart, it will only execute buy orders on the lower timeframe, which is 1 hour. Sell orders will be ignored.

Mostly I experimented with the default settings the indicator gives, success rate 65, period 3, target factor 2.0.
But if you increase the success rate, you will get signals that are more conservative and have a higher ability for success.
By decreasing it, you will get a lot more signals the EA will trade with higher risk.

i have send 25$