PiptronicX

PiptronicX was for sale on the piptronic.com site for awhile but has been removed completely. Its a 100% copy of an EA that did very well (3rd place, I think) in the ATC a couple of years ago. I assume the piptronic owners were threatened with a lawsuit and they quickly removed it.

Here is the Settings Guide (could not be attached in text format):

Broker Type = 1 

Use ( 1 ) if there are 4 digits after comma in trade platform EUR/GBP;  use ( 10 ) if there are 5 digits after comma in trade platform EUR/GBP.

Lot Type = 1;

Use ( 1 ) if you can exploit microlots (0.01 lots) in trade platform; use ( 10 ) if you can exploit minilots  (0.1 lots) in trade platform.

GMT = 1

Compare trade platform time with GMT ([url]http://wwp.greenwichmeantime.com/[/url]); If time in platform  is 1 hour ahead, then we put (1 ); if time in platform  is 2 hours behind GMT, then we put( -2 ).

MaxLots = 5

Some brokers limit the size of one position. If you do not want to operate with bigger amounts, then you can indicate with this how many lots maximum you want to exploit. (Automated Trading Championship 2008 [url]http://championship.mql4.com/2008/users[/url]  limit was 5 lots).

Risk_Percentage = 15
Allowable amount of one position in per cent depending on Account Free Margin. (One position will open approximately with 15 % from free account margin).

TakeProfit = 10

Position will open with 5 point Take Profit order, if it will be possible. If not, then in the distance of StopLimit. (Many brokers change StopLimit constantly in order to make the life of scalpers more complicated).

TrailingTP = 3

TrailingTP will move Take Profit as soon as possible to the given distance. (If  StopLimit allows to place position  Take Profit in the distance of for example 30 points from the price, then TreilingTP at the first opportunity will move it over to the given distance).

AdvancedClose = 5

Additional position closing. (If Take Profit has not yet settled in the given distance, then ExtraClose will try to close the position, which is equal or higher than the given number of points).

StopLoss = 40

Position will opened with the 30 point StopLoss order. (If StopLimit is more than 30p, then StopLoss will open at StopLimit distance).

MaxSpread = 3

Maximum allowable spreds. (Position will open only when spred will be less or equal 3).

MaxOpenOrders = 3
Maximum allowable opened positions at the same time.

Candles = 3

Amount of candles out of which the channel is calculated. 

Re: PiptronicX

Nice share. And a lot also.

Thanks champion2008

Regards,

Re: PiptronicX

Thank you Champion2008 :shand:

Re: PiptronicX

PiptronicX was for sale on the piptronic.com site for awhile but has been removed completely. Its a 100% copy of an EA that did very well (3rd place, I think) in the ATC a couple of years ago.

This damned place is full of fu**** guys...

Hey! Who want start with me the company of the future to sell the Definitive! the Unbelievable! the 99% Wins! the Only and Real One EA which Always WIN!...?

Bah....

:peace:

Re: PiptronicX

Already posted.... :?

Re: PiptronicX

Hello Dude, this EA is re-branded and selling as Forex Rising now.

Re: PiptronicX

Hello brothers,

Anybody can help to make the EA such that the trading time can be edited ?

This EA is quite good, however, if we can edit the time filter inside, it will be even better !

:mrgreen: :mrgreen:

Re: PiptronicX

from what I saw on other forum PiptronicX = ForexRising

Re: PiptronicX

Yes forexrising and piptronic are exactly the same except for the ea name itself.. The ea will only make Buy orders.. No code in there to do sell orders.. Therefore is guess the name forexrising..

Riccia,, the code only places orders during asian time.. what do you think would be right??

Re: PiptronicX

I know it is trading asian session.

However within asian session, we can adjust the time to further cut the losses

and increase the profit factor tremendously.

Trading from 21-1 hrs profit factor is very different from 21-4hrs.

Get me ? :mrgreen: :mrgreen: