EuroPips Pro v1.1

Description

Original price: $199

Content: Expert: EuroPips Pro MT4_fix.ex4 v1.1 (Unlocked for

EuroPips Pro is an advanced and dependable trading robot specifically designed for the EURUSD pair on the H1 timeframe. It combines a robust strategy with comprehensive risk management, leveraging a mix of popular technical indicators to identify high-probability trading opportunities.

Key Features

1. Currency Pair and Timeframe
   • Optimized for EURUSD on the H1 timeframe, ensuring precise execution and consistency in trading.
2. Indicator-Based Strategy
   • Utilizes a combination of proven indicators for entry and exit signals:
     • Heiken Ashi
     • Envelopes
     • Filtering Indicators: MACD, RSI, CCI, ADX, and Stochastic.
3. Risk Management
   • Implements tools to limit potential losses and optimize the risk-reward ratio, including:
     • Dynamic lot sizing based on balance.
     • Optional stop-loss settings with adjustable percentage limits.
4. Order Management
   • Features grid trading for secondary orders with volume-based adjustments.
   • A doubling strategy for subsequent trades to capitalize on favorable market movements.
5. Advanced Customization
   • Adjustable parameters for precise tuning:
     • ATR, MACD, RSI, CCI, ADX, and Stochastic indicator settings.
     • Multipliers for scaling lot sizes in grid trades.
     • Take Profit levels for initial and multi-order positions.
6. Backtesting and Optimization
   • Validated using high-quality historical data (2014–2023) under realistic market conditions.
   • Supports backtesting with Tick Data Suite for accurate performance simulation.

Recommended Settings and Requirements

1. Trading Pair and Timeframe
   • EURUSD on H1.
2. Account Requirements
   • Account Type: ECN/Raw Spread preferred for minimal costs.
   • Leverage: 1:100 recommended.
   • Minimum Deposit: $1000 or 1000 US Cent.
3. Backtesting Specifications
   • Modelling Quality: Every Tick.
   • Spread: Variable.
   • GMT Offset: +2 with US DST.
4. Risk and Lot Management
   • Lot Size Options:
     • Select one of the following as True:
       • Select_Risk_Setting: Based on predefined risk levels.
       • Select_Percent_Setting: Lot size adjusts dynamically to balance.
       • Select_Fix_Initial_Lot: Fixed lot size for all trades.
   • Example:
     • For a $1000 account balance, setting 100% risk allocates 0.01 lots when 1 lot equals $100,000.
5. Advanced Settings
   • ATR Settings: Determines trade distances based on volatility.
   • MACD Parameters: Customizable fast/slow moving averages and signal lines.
   • Stochastic Settings: Fine-tuned for trend reversals.
   • ADX Limits: Prevent trades during excessively strong trends.

Risk Management Features

1. Stop Loss Options
   • Enable to cap losses for all positions.
   • Percent Stop Loss: Limit overall portfolio risk by a defined percentage.
2. Dynamic Lot Sizing
   • Adjusts lot sizes automatically based on balance to balance risk and reward.

Performance Insights

• Backtest Details
  • Time Period: 2014–2023
  • Currency Pair: EURUSD
  • Timeframe: H1
  • Data Source: Tick Data Suite with GMT+2 offset (US DST).
• Trading Strategy Advantages
  • Adaptive grid technique enhances flexibility.
  • Doubling strategy boosts profitability in favorable market conditions.
  • Comprehensive use of indicators ensures high-quality trade signals.

Recommendations for Traders

• Start with a Deposit:
  • At least $1000 for optimal performance.
• Choose an ECN/Raw Account:
  • Minimize spreads and costs for better returns.
• Risk Management:
  • Adjust settings to align with your risk tolerance and trading goals.
• Backtesting:
  • Verify performance using Every Tick modelling quality with historical data.

EuroPips Pro combines technical expertise, advanced trading strategies, and robust risk management to deliver consistent results for EURUSD trading. With its high level of customization and proven reliability, it’s an excellent choice for traders seeking a sophisticated and dependable EA.

MT4 Build 1422+)