PipFinite Trend Grid EA

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Apr 15, 2024
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Introduction​

So, you're intrigued by the PipFinite Trend Grid EA, huh? With a rating of 4.68 and a mixed bag of user reviews, it's clear this trading robot has made some waves. Some users swear by it, while others have faced frustrating issues like license deactivation after system updates. Let's dive into the nitty-gritty of installing, configuring, and optimizing this EA for maximum efficiency.

Installation and Setup​

First things first, installing the PipFinite Trend Grid EA is straightforward, but let's not get too excited just yet. Follow these steps:

  • Download the EA from this link.
  • Open MetaTrader 5 and navigate to File > Open Data Folder.
  • Place the EA file in the MQL5/Experts directory.
  • Restart MetaTrader 5.
  • Drag the EA onto your desired chart and configure the input parameters.

For optimal performance, you'll want to tweak the following settings:
  • Lots: Set your preferred lot size.
  • GridDistance: Define the distance between grid levels in points.
  • TakeProfit: Set your take profit levels.
  • StopLoss: Configure your stop loss to manage risk.
  • MaxTrades: Limit the maximum number of trades to avoid overtrading.
  • UseTrendFilter: Enable or disable the Trend PRO higher timeframe filter.

User Experience​

Ah, the user experience. According to vavold, the PipFinite Trend Grid EA is a very good indicator that fits well into his strategy. On the flip side, Сергей Айбулатов had a nightmare with license issues after a Windows update. It's a mixed bag, folks. The EA's performance can be stellar, but be prepared for potential hiccups, especially with licensing.

Tips for Improvement​

Here are some tips to squeeze the most out of this EA:
  • Backtest Extensively: Before going live, run extensive backtests to understand how the EA performs under different market conditions.
  • Demo First: Always start with a demo account to get a feel for the EA's behavior.
  • Adjust Settings: Don't just stick to default settings. Tweak the grid distance, lot size, and other parameters to suit your trading style.
  • Monitor Regularly: Keep an eye on the EA's performance and make adjustments as needed. Market conditions change, and so should your settings.

Source Code of PipFinite Trend Grid EA​

We don't have the original source code of the PipFinite Trend Grid EA sold on MQL5, but we've created a sample code based on its description. This example code is available on easytradingforum.com. Note that our team does not sell the PipFinite Trend Grid EA; we only provide a code example based on its publicly available description.

Code:
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Download PipFinite Trend Grid EA for Free​

Curious to see how this EA performs? You can download a sample version of the PipFinite Trend Grid EA from easytradingforum.com. If you have any questions about the code, feel free to ask. Remember, this is just an example based on the description of the original robot sold on MQL5.

Happy trading, and may the pips be ever in your favor!
 

Attachments

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