Ever felt like you're missing out on pips while your Expert Advisor (EA) hesitates or fires trades too late? Or maybe your bot keeps overtrading in choppy markets, blowing your account faster than you can say “margin call”? You’re not alone.
The truth is, many EAs either enter too frequently, chasing every move, or stay paralyzed when conditions get unclear. But what if there was a smarter middle ground?
Enter PipStep EA V1.5 MT4 – a calculated, pip-sensitive expert advisor that makes step-based entries with precision. Designed for traders who want a balance between consistency and control, this EA gives you the power to space out your trades and avoid emotional overtrading.
And here’s the kicker—it’s 100% automated, plug-and-play, and works right inside your MT4.
What Is PipStep EA V1.5?
PipStep EA V1.5 is a grid-style Expert Advisor built for MetaTrader 4. But unlike the wild grid bots that multiply lots like crazy, this EA uses a clever “Pip Step” logic to space out trades by a fixed number of pips.
Instead of opening new orders every few ticks, PipStep waits for a defined pip distance before adding to the position—whether it's in profit or floating. This makes it ideal for controlled scaling strategies, recovery systems, or even profit maximization in ranging markets.
In short: it’s the kind of EA that doesn’t rush. It waits… then strikes.
Key Features of PipStep EA V1.5
• Pip Step Logic: Define how far apart (in pips) new trades should be placed—gives you full control over grid spacing.
• Custom Lot Sizes: Choose fixed or dynamic lot sizing based on your risk appetite.
• Smart Recovery: Ideal for martingale or anti-martingale strategies—add orders only after market moves a defined distance.
• Fully Automated: Set it, forget it, and let PipStep EA do the heavy lifting.
• Broker Compatible: Works with any broker supporting MT4 and low spread trading.
• Currency Pair Flexibility: Trade on majors, minors, or even metals—totally flexible.
• Low CPU Load: Lightweight and efficient, doesn’t freeze your platform.
• Risk Control Settings: Set maximum trades, lot multipliers, stop-losses, and more.
• Trailing Stop Feature: Optionally trail winning trades to maximize profit while locking in gains.
• News Filter Option: Prevent trades during high-impact events (for better stability).
• Simple UI: Clean and easy-to-use interface inside MT4.
• Free Updates: Lifetime updates included with the version.
How PipStep Works
Let’s break it down with a simple example.
You set a pip step of 30 pips. PipStep EA opens a buy order. If the market moves against you by 30 pips, it opens a second buy. If it moves another 30 pips, a third trade goes in.
This creates a stair-like structure of entries, and once the price returns to the average entry zone, the EA can close all positions in profit or based on a basket TP (Take Profit).
Backtest Results & Performance
During a 12-month backtest on EURUSD and GBPUSD (H1 chart), PipStep EA V1.5 demonstrated:
- Win Rate: 82%
- Monthly ROI: 5–15% (depending on risk setting)
- Max Drawdown: Under 18% (with conservative settings)
- Best Performance Pair: EURUSD
- Worst Month: -2.7% (during extreme volatility)
Recommended Settings
- Timeframe: H1 or M30
- Pairs: EURUSD, GBPUSD, AUDUSD
- Min Deposit: $200
- Recommended Balance: $500+
- Leverage: 1:500 (or 1:100+ with lower lot size)
- Pip Step: 25–40 (adjust based on pair volatility)
- Max Trades: 5–8 for better control
Installation Guide
- Download the EA file.
(Available from trusted sources or premium forex sites.) - Open MetaTrader 4.
- Go to File > Open Data Folder.
- Navigate to:
MQL4 > Experts - Paste the EA file inside the Experts folder.
- Restart MT4 and drag the EA onto a chart.
- Enable AutoTrading at the top.
- Load your preferred settings or use the default to begin.
Is PipStep EA Right for You?
- Doesn’t trade impulsively
- Gives you trade spacing control
- Supports grid-style logic without going full-blown martingale
- Works across multiple currency pairs
- Offers smart, customizable entry setups
- …then yes, PipStep EA V1.5 is absolutely worth trying.
- It might not be the flashiest EA out there, but it’s a workhorse—steady, reliable, and strategic.
Trading Tips
- Avoid using during high news periods unless news filter is on.
- Don’t exceed max trade count beyond what your equity can handle.
- Monitor manually during low liquidity hours (Asian session).
- Test your settings on demo first—always!
Final Thoughts
PipStep EA V1.5 strikes a solid balance between aggressive grid systems and conservative scalpers. It doesn’t overtrade and gives you the power to define your own rhythm—one pip step at a time.
Whether you're a beginner exploring grid strategies or a seasoned trader wanting more entry control, PipStep EA is a tool worth keeping in your arsenal.
Call to Action
Want to explore the precision of pip-based trading?
???? Download PipStep EA V1.5 now and try it on demo today.
For EA support or questions, reach out via Telegram or email—most providers have active support.