Pipser Advisor. Profitable pipser
Pipsovka is one of the most controversial trading methods in the Forex market; you will find a detailed description of the strategy itself - http://time-forex.com/skalping/st-pips
On the one hand, traders clearly understand that this approach is very difficult to implement, especially over a long distance. On the other hand, with the right approach, profits exceed all expectations.
The optimal solution to the problem of all pip traders is to create an automatic advisor that would automate the process.
In this article you will get acquainted with another ready-made solution, namely the profitable pipser Pipser, which is at the stage of testing and implementation by many Forex traders.
The Pipser advisor is an automatic trading expert based on pipsing tactics on small time frames, as well as a money management model such as averaging.
Also, the advisor is not picky about a specific asset and can be used on almost any trading instrument whose spread value is more or less acceptable for pipsing.
Due to the fact that the basic control system of the Expert Advisor is martingale and averaging Pipser can be rebuilt in a matter of minutes into an intraday trading expert.
Installing Pipser trading terminal MT4
The Pipser advisor is a custom development that traders could get acquainted with in mid-2017.
Since the Expert Advisor was not developed by MT4, in order to use it you will need to download the robot files at the end of the article, as well as perform the standard procedure for installing the Expert Advisor.
Installing the Pipser advisor is no different from installing any other custom expert and follows the standard procedure, namely, you will need to dump the previously downloaded Pipser advisor file at the end of the article into the appropriate folder in the terminal data directory.
You can find more detailed instructions for installing advisors, indicators and scripts at the link http://time-forex.com/praktika/ustanovka-indikatora-ili-sovetnika.
When installing the robot, it is very important to drop two additional files into the Include folder, otherwise the advisor will not trade.
In order for the terminal to see the installed pipser, it must be updated in the navigator panel or restarted.
After updating the platform, the advisor will be ready to work, and in order for it to start trading, just drag the name of the robot onto the one-minute or five-minute chart of the currency pair you have chosen:
Pipser trading strategy. Settings
The Pipser advisor is based on a simple and understandable trading algorithm based on the standard Moving Averge indicator. So, if the moving average line is directed downwards, the advisor opens sell positions.
If the moving average line is directed upward, the advisor opens a buy position.
For each trade, the advisor sets a profit, and if the price starts to move against the open position, averaging of losses by martingale is triggered, namely, additional orders are placed with a double lot at a given distance.
All variables are signed in Russian, which greatly simplifies the process of setting up and optimizing the robot.
So in the “Sending mail” line you can enable or disable mail notification at the moment when the advisor opens a position.
The line “Sending PUSH notifications” allows you to be notified on your phone at the time of opening a transaction.
In the “EMA Period” line, you can change the period of the moving average, and in the “EMA Slope” line, you can set how many points the moving average should deviate in one direction or another for the advisor to interpret this as a signal to open a deal.
In the “Initial Lot” variable you can change the position volume of the first order, after which the volume doubles if averaging is enabled.
In line "Trailing stop"You can set the value in points through which the stop order will be pulled, and in the line "Averaging distance" you can specify the distance in points between martingale orders.
The “Start time” and “End time” variables allow you to limit the expert’s trading at a certain time of the day.
Preliminary testing and optimization
The author of the Pipser advisor strongly does not recommend using the advisor with default settings, but independently optimizing the settings and testing both on history and on a demo account.
Therefore, we did a quick optimization based on opening prices for 2016 for the Euro/Dollar currency pair on a five-minute time frame. What came out of this, see below:
In conclusion, it is worth noting that the pipser Pipser uses a very simple trading strategy based on one indicator, but at the same time, the optimization results and the abundance of settings cannot but amaze.
Remember, Pipser cannot be used by all brokers, but only by those that allow scalping and pipsing - http://time-forex.com/brokery-dly-skalpinga.
Download Pipser Advisor.