Review PipFinite Trend PRO and Breakout EDGE EA (Free download)

Hi everyone,
I got this free EA base one the famous PipFinite Trend PRO and Breakout EDGE indicators.

These free EA version have some limitations:
- Only open buy orders
- Cannot use Advance Settings
- Cannot use Indicators Filter
If you want to unlock the full functionality of the products, please contact me on telegram @lehaiit, thank you so much.

- MT4 version:

- MT5 version:

- Telegram group: https://t.me/pipfiniteEAGroup
- Telegram channel: https://t.me/PipfiniteExperAdvisor
- Youtube:


Description
This EA is developed using the PipFinite Trend PRO and Breakout EDGE Indicators, the best indicators on the market so far. PipFinite Trend Pro's smart algorithm detects the trend, filters out market noise and gives entry signals with exit levels. Whereas PipFinite Breakout EDGE follow a step-by-step system that detects the most powerful breakouts, discover market patterns that generate massive rewards based on a proven and tested strategy. This EA open order when the indicator has buy/sell signals and set SL/TP follow the indicator rules. You can read more information about PipFinite Trend PRO indicator here and PipFinite Breakout EDGE here.

Important Information

1. This EA will only work if you purchased PipFinte Trend PRO or PipFinite Breakout EDGE indicator.
2. To use or test EA must select the "Use PipFinite Indicator" parameter.
3. It works with all symbols.
4. This EA is ensured to work exactly like the original indicator, however, the profit you earn is depended on your own strategy. Try to back-test with different settings for each symbol to figure out the most profitable one for that symbol before running on real account. Make sure that you have sufficient history bar for testing.
5. Please note that some indicator's signal have very small TP1 or the spread is higher than TP1 so the EA cannot open that orders.
6. Run EA on any timeframe of a symbol, it also open orders in other timeframes of that symbol, depending on your "Trade on Timeframe" parameter.
7. Zero spread account is recommended.

Parameters
===================================== BASIC SETTINGS =================================

1. Use PipFinite Indicator – To use or test EA, you must select indicator.
2. Target Factor - The multiplier used to calculate take profit levels.
3. Maximum History Bars - Maximum number of bars used for calculation, it is not necessary to change this parameter.
4. Indicator Path – This is the default indicator path.
5. Period - The number of bars used to calculate the trend.
6. Range Filter - The factor used to filter ranging markets.
7. Lot Options
   1. Fixed Lot Size (Lots): Use fixed lot size. When choose this option, the "Lot Size" parameter value must be number of lots.
   2. % of Balance: Calculate lot size base on percent of balance. When choose this option, the "Lot Size" parameter value must be percentage number.

   
   

8. Lot Size (Lots or %) – The value of the above Lot options
9. Success Rate – Open order when Success Rate is higher than this input.
10. Take Profit Options
    1. Take Profit on TP1
    2. Take Profit on TP2
    3. Half TP1 and Half TP2
    4. TP1, TP2 and Opposite Signal
    5. Opposite Signal: Take profit on opposite signal or riding the trend until it reverses.

    
    

11. Stop Loss Options
    1. Recent Swing (Breakout EDGE only): Stop loss calculated by the indicator
    2. Opposite Signal: Stop loss when trend reverse or opposite signal
    3. Stop Loss equal TP1
    4. Stop Loss equal TP2
    5. Use Fixed Stop Loss

    
    

12. Fixed Stop Loss (Points) – Fixed stop loss value. This parameter is only use if "Stop Loss Options" parameter is set to "Use Fixed Stop Loss".
13. Stop Loss Factor – Use to multiply with stop loss option 1,3,4.

===================================== ADVANCE SETTINGS =================================

1. Reverse Trades – If this parameter is set to TRUE, when the indicator has “BUY” signal, the EA will open "SELL" orders. Moreover, the TP in this case becomes SL and vice versa.
2. Break Even when TP1 Hit - Move stop loss to entry when TP1 hit.
3. Trailing Stop when TP1 Hit - Start trailing stop when TP1 hit.
4. Trailing Step (Points) - Use with Trailing Stop
5. Max Open Orders
6. Magic Number - Using magic number can sort out which position is sent by which EA and manage them independently
7. Trading Time -This parameter using broker time.
8. Buy or Sell Only
9. Max Spread (Points) - EA will not open orders if spread is higher than this.
10. Use MA (Breakout EDGE only) - Use MA to filter trades.
11. MA1 and MA2- When MA1 is above MA2 only open Buy order and vice versa.
12. Use Stochastic
13. Buy when Stochastic Below
14. Sell when Stochastic Above
15. Trade on Timeframe - The timeframe that EA will open orders.
16. Trend Timeframe (Trend PRO only) - The timeframe trend that EA will look at before open orders. Only open Buy order if trend timeframe is uptrend and vice versa.
17. Enable Pop-up Alerts
18. Enable Push Notification Alerts

*EA updated (26/08/2020):
- Fixed Take Profit Option
- Use Exit EDGE filter, here is the rules:
BUY:
+ Exit Edge - Exit sell signal (strong or normal). Prepare to trade
+ Breakout Edge or Trend Pro - wait for Buy signal
SELL:
+ Exit Edge - Exit buy signal (strong or normal). Prepare to trade
+ Breakout Edge or Trend Pro - wait for Sell signal
- Use Trend PRO to filter Breakout EDGE signals
- Higher timeframe filter
- MA filter
- Number of trades per signals (Trades per Signal)
- Bugs fixed

These are some images from the EA:

Hello,
Please tell us how much is the full EA,There's no need to hide it.Thanks!

Hi, the EA's price is $69, thank you

where to buy and how? Paypal?

Hi, if you want the full version of the EA you can pay on paypal https://www.paypal.com/paypalme/59usd/69usd, after that send me your MT4/MT5 account number (up to 5 accounts) via telegram @lehaiit, I will add your accounts to the EA and send it to you, thank you so much

This this the test result in two months with $1000 account balance, running only one currency pair:

Hello,
Is it free for any update if i pay for you?
Beause i have some worry about it.But thanks for your work.

Hi, you only have to pay once, when there is a new version I will sent it to you, thanks.

OK,thanks,i get it.
Now i am doing more test with it,so if i want to buy ,i can use telegram @lehaiit to contact you, are you online all day?
And,i found a ERROR:
Tester expert file C:\Program Files\Alpari MT5\MQL5\Market\PipFinite Breakout EDGE MT5.ex5 open error [3]
The path is C:\Program Files\Alpari MT5\MQL5\Indicators\Market\PipFinite Breakout EDGE MT5.ex5,so MT5 cann't find,please check it.

OK,thanks,i get it.
Now i am doing more test with it,so if i want to buy ,i can use telegram @lehaiit to contact you, are you online all day?

Yes if you want to buy the EA you can contact me via telegram @lehaiit, I am online all day.
Do you have the MT4 version of the indicator, the EA MT5 version have some errors that I am fixing because it was converted from the MT4 version. I will release the new MT5 version as soon as possible, thank you

Thanks.
My issue is i have Trend in MT4,but have Breakout in MT5....
So i only can test Trend in MT4...cann't test Breakout.....
And i want to know,the free version cann't backtest with Advance setting and Filter?

The free version you can only backtest with Basic setting.

Just a quick question for understanding. In the first post, it says you have to either the Trend pro or breakout edge indicator to get this EA to work. Does that mean that when we buy the indicator, we’ll get the EA for free? Or do we have to buy both the indicator and the EA separate?

Hi, you have to buy the indicator and the EA separately, Thank you

This is the result of one week trading with the EA, $1000 balance, 0.02 lot size, running on 27 pairs using the default settings:

@lebach
Hello
1).If i want to buy,is there some limit?Like how many account can use it?And i buy it put it on demo account,is that OK?
2).For now,i cann't login telegram for the international situation,so please tell me is there another way to contact you?
3).Is the MT5 version work well with breakout?
Thanks.

Hi, If you buy it, you can use it on 5 live accounts, it work with all demo accounts.
If you have MLQ5 account, you can message me here: https://www.mql5.com/en/users/giangnth
The MT5 version work with breakout edge, but is has some error that I am working to fix it, the MT4 version work very well with it

New EA version updated with the following features:
- Fixed Take Profit Option
- Use Exit EDGE filter, here is the rules:
BUY:
+ Exit Edge - Exit sell signal (strong or normal). Prepare to trade
+ Breakout Edge or Trend Pro - wait for Buy signal
SELL:
+ Exit Edge - Exit buy signal (strong or normal). Prepare to trade
+ Breakout Edge or Trend Pro - wait for Sell signal
- Use Trend PRO to filter Breakout EDGE signals
- Higher timeframe filter
- MA filter
- Number of trades per signals (Trades per Signal)
- Bugs fixed

Hi everyone, the EA MT5 version is working fine now, you can download the free version to try it, thank you