Description
<h3><strong>Introduction</strong></h3>
<p>Pips Hunter EA V2.3 MT5 is an automated Expert Advisor designed for MetaTrader 5. It focuses on pip-hunting, entering trades only when market conditions align with its strategy logic. The EA is built with controlled risk, discipline, and realistic profit targets, aiming for automated intraday and short-term trading on major forex pairs. The system operates on institutional-style price action (order blocks and liquidity grabs) rather than lagging indicators, providing a disciplined approach to forex trading.</p>
<h3><strong>Key Features</strong></h3>
<ul>
<li>Fully automated execution on MT5</li>
<li>Smart pip-target strategy with realistic targets</li>
<li>Stop Loss & Take Profit always enabled</li>
<li>Adaptive market condition filters (trend & volatility)</li>
<li>No martingale, no grid, no dangerous recovery systems</li>
<li>Works on multiple currency pairs (majors preferred)</li>
<li>Adjustable risk per trade</li>
<li>VPS compatible for 24/5 trading</li>
<li>Beginner-friendly input panel</li>
</ul>
<h3><strong>Recommended Settings</strong></h3>
<ul>
<li><strong>Timeframes:</strong> M5, M15, M30</li>
<li><strong>Pairs:</strong> EURUSD, GBPUSD, USDJPY, EURGBP, AUDUSD</li>
<li><strong>Risk per trade:</strong> 0.5%–1% (conservative)</li>
<li><strong>Capital Requirements:</strong> Minimum recommended capital: $200–$500 (varies with lot size and risk settings)</li>
<li><strong>Broker:</strong> ECN/raw spread brokers preferred</li>
<li><strong>Spread filter:</strong> ON</li>
<li><strong>VPS:</strong> Recommended for stable 24/7 execution with low latency</li>
</ul>
<h3><strong>Backtest & Performance</strong></h3>
<p>Backtests of Pips Hunter EA V2.3 typically show smooth equity growth with controlled drawdown. The EA avoids over-trading and offers a balanced trade frequency. Performance may vary depending on broker spread, slippage, and execution speed. Monitoring and adapting the EA’s settings according to real-world conditions is key to maximizing its effectiveness.</p>
<h3><strong>Advantages</strong></h3>
<ul>
<li>No martingale or grid trading systems, providing a safer risk profile</li>
<li>Built-in Stop Loss & Take Profit on each trade</li>
<li>Adaptive to market conditions</li>
<li>Suitable for both beginners and experienced traders</li>
<li>Works across major pairs and multiple timeframes</li>
<li>VPS compatible for continuous automated trading</li>
</ul>
<h3><strong>Disadvantages</strong></h3>
<ul>
<li>Requires understanding and proper configuration</li>
<li>Real results depend on broker conditions, spread, slippage, and execution speed</li>
<li>Aggressive risk settings can still lead to drawdowns if misused.</li>
</ul>
<h3><strong>Support & Disclaimer</strong></h3>
<h4><strong>Support</strong></h4>
<p>If you need help installing or configuring your EA, or face any kind of bug, feel free to reach out on:</p>
<p><strong>WhatsApp: </strong><a href="https://wa.me/+443300272265" target="_new"><strong>Click here</strong></a><strong></strong></p>
<p><strong>Telegram Group: </strong><a href="https://t.me/yoforexrobot" target="_new"><strong>Join our community</strong></a><strong></strong></p>
<h4><strong>Disclaimer: </strong></h4>
<p>Forex and gold trading involve risk. Past performance doesn't guarantee future results. Always test robots on demo before live trading and use proper risk management.</p>
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