10 Pips Metatrader 4 Forex Robot

The 10 Pips Metatrader 4 Forex Robot is an automated forex trading software that deploys two moving averages to grab 10 pips from the market at any given opportunity from its buy/sell market positions.

The trading robot stays in the market most of the time and switches between buy and sell positions when a fast moving average intersects over a slower moving average.

It’s an automated crossover moving average trading system that works on any pair.

The expert advisor offers fully customizable settings, along with flexible position management settings.

The 10 Pips EA works for both ECN and Non-ECN brokers.

Free Download

Download the “10PIPS.mq4” MT4 robot

Strategy Tester Report

Find below the 10 PIPS forex robot strategy tester report for the EUR/USD forex pair on the 1-Hour chart.

Overall Performance

The EA made a total profit of $4484.15 from a total of 250 trades. The largest winning trade generated $215.08 in profits, while the largest losing trade generated a loss of-$264.04.

Statistics:

Bars in test: 5396 ticks modelled

Initial deposit: $10000.00

Total net profit: $4484.15

Total trades: 250

Largest profit trade: $215.08

Largest loss trade: -$264.04

Consecutive wins: 8

Consecutive losses: 1

Download

Download the “10PIPS.ex4” Metatrader 4 robot

MT4 Forex Robot Characteristics

Currency pairs: Any

Platform: Metatrader 4

Type: Expert advisor

Input Parameters: Enable “no loss”, When to move break even, How much pips to move sl, Lots size, MaximumRisk, DecreaseFactor, TrailingStop, Stop Loss, MagicNumber, TakeProfit

Time frames: 1-Minute, 5-Minutes, 15-Minutes, 30-Minutes, 1-Hour, 4-Hours, 1-Day, 1-Week, 1-Month

Type: Moving Average

Installation

Copy and paste the 10PIPS.mq4 into the MQL4 Experts folder of the Metatrader 4 trading platform.

You can access this folder from the top menu as follows:

File > Open Data Folder > MQL4 > Experts (paste here)

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