Euro Pips Pro MT4 EA v1.1 No DLL

Pair:- EURUSD
Timeframe:- H1
Minimum Deposit:- $1000

Original price was: $109.00.Current price is: $20.00.

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Description

🧠 Euro Pips Pro EA – Intelligent Heiken Ashi Strategy for EURUSD (MT4)

EuroPips Pro is a smart and reliable Expert Advisor (EA) engineered specifically for the EURUSD pair on the H1 timeframe. It uses a precision blend of Heiken Ashi and Envelopes indicators, supported by advanced filters such as MACD, RSI, CCI, ADX, and Stochastic—making it a top-tier choice for traders seeking a balanced and adaptive trading system.

🚀 Key Features

✅ Currency Pair & Timeframe

  • Optimized Pair: EURUSD

  • Recommended Timeframe: H1

🧮 Indicator-Based Strategy

  • Uses Heiken Ashi and Envelopes as the core entry system.

  • Filters with MACD, RSI, CCI, ADX, and Stochastic to ensure high-probability trades.

🛡️ Risk Management

  • Robust built-in controls for risk-reward optimization.

  • Options for Stop Loss, Percent Risk, and dynamic lot sizing based on balance.

📊 Order Placement

  • Strategic volume-based entry and grid-style recovery for secondary trades.

  • Uses lot doubling for later entries to maximize recovery and trend continuation.

⚙️ Customizable Settings

  • Multiple parameters for fine-tuning strategy behavior:

    • MACD, RSI, CCI, ADX, Stochastic configuration

    • ATR-based dynamic order spacing

    • Profit targets and risk tolerance

  • Supports fixed lot, percentage-based lots, or risk-based auto lots.

🧪 Backtested for Reliability

  • Tick-level backtesting from 2014–2023

  • Optimized with variable spreads using Tick Data Suite (GMT+2 with US DST)

📈 Performance & Specifications

  • Live Signal (MT5): View on MQL5

  • Minimum Recommended Deposit: $1,000

  • Account Type: ECN or Raw Spread preferred

  • Leverage: 1:100 recommended

🛠️ Settings Guide

Risk Modes (Choose One):

  • Select_Risk_Setting (True/False): Use predefined risk levels.

  • Select_Percent_Setting (True/False): Use % of balance to calculate lots.

  • Select_Fix_initial_lot (True/False): Use a fixed lot size.

Strategy Filters:

  • ATR Period & Multiplier: Controls order spacing dynamically.

  • MACD, RSI, CCI, ADX, Stochastic: Fully customizable indicator periods and thresholds.

  • 2nd & 3rd Trade Multipliers: Adjusts lot sizes for recovery orders.

Risk Control:

  • Stop Loss (on/off)

  • Percent Stop Loss: Caps total risk as % of equity.

  • Take Profit: Separate targets for first trade and basket average.

💡 Recommendations

  • Use only on EURUSD (H1)

  • Start with $1,000 or 1000 US Cent minimum

  • Prefer low spread brokers (ECN/raw accounts)

  • VPS is encouraged for best execution speed

Supported currency pairs: EURUSD

Most recommended timeframe: H1

Additional Resources:

Strategy Setting:

  • ATR period: Set the period for the ATR used to calculate distances for the next order.
  • ATR Multiply: Determine the multiple of ATR used to calculate distances for the next order.
  • Envelops Period: Set the period for Envelops for reversal trading.
  • MACD Fast: Set the period for the fast moving average in the MACD indicator.
  • MACD Slow: Set the period for the slow moving average in the MACD indicator.
  • MACD Signal: Set the period for the signal line in the MACD indicator.
  • RSI Period: Set the period for the RSI (Relative Strength Index).
  • CCI Period: Set the period for the CCI (Commodity Channel Index).
  • ADX Period for open trades: Set the period for the ADX (Average Directional Index) for opening trades.
  • Sto Percent K Line Period: Set the period for the %K line of the Stochastic indicator used for confirming trend reversals.
  • Sto Percent D Line Period: Set the period for the %D line of the Stochastic indicator.
  • Sto Slowing Value: Set the slowing value for the Stochastic indicator.
  • Sto Price Field: Set the price field for the Stochastic indicator.
  • ADX Period: Set the period for the ADX for trades beyond the initial trade.
  • ADX Value: Set the maximum ADX level to avoid trades during strong trends.
  • Take Profit for Initial Trade: Set the take profit level in pips for the initial trade.
  • Take Profit for Pips as Position: Specify the average profit in pips desired when opening multiple orders (2-3 orders).
  • 2nd Trade Multiplier: Specify the multiplier for the lot size of the second trade.
  • 3rd Trade Multiplier: Determine the multiplier for the lot size of the 3rd trade and subsequent trades.

*** The only thing I recommend you adjust in this EA is to choose the lot size setting as you prefer.

Select True for your desired risk management setting: either Select_Risk_SettingSelect_Percent_Setting, or Select_Fix_initial_lot (choose only one to be True).

Once you’ve selected True, choose the risk level or input a numeric value under that option.

 

Risk Management

  • Stop Loss: Enable this option if you want to set a stop loss to limit potential losses of all positions.
  • Percent Stop Loss: Input the percentage of stop loss you want to limit the overall risk of the portfolio.

Recommend

  • Currency Pairs: EURUSD
  • Timeframe: H1
  • Account Type: Any, with a minimum spread (preferably ECN/Raw)
  • Leverage: 1:100 is recommended
  • Start trading with a deposit of $1000 or 1000 US Cent to effectively implement the EA’s strategy.
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