Introduction


Ever feel like you’re leaving pips on the table? You nail the trend, set your limits… and somehow that last 5 pips slip through your fingers? Frustrating, right? PIPSET EA V1.5 MT4 from YoForex EA is built to change that. This free forex EA uses a dynamic pip-scaling engine to hunt small, consistent gains—no overleveraging, no overthinking. Whether you scalp EURUSD on M5 or grid USDJPY on H1, PIPSET V1.5 adapts your pip targets and stop-losses on the fly, so you lock in tidy wins instead of chasing every swing. Ready to turn micro-moves into macro gains? Let’s dive in.


Overview


PIPSET EA V1.5 is a precision pip-harvesting expert advisor for MetaTrader 4. At its core, it combines three powerful modules:



  1. Pip-Scaling Engine: Automatically adjusts your take-profit in pips based on real-time volatility (ATR) and pair characteristics—so you never over-stretch on quiet pairs or under-aim on active ones.

  2. Trend Confirmation Filter: Uses a dual-EMA ribbon to confirm direction; trades only when the fast EMA crosses the slow EMA in the direction of the pip target.

  3. Volatility Shield: Pauses new trades when ATR falls below or spikes above your set thresholds, avoiding choppy periods and news-driven noise.


Version 1.5 introduces an “Equity-Adaptive Pip Step”, which slightly widens your pip target as your balance grows—compounding small wins into bigger returns. And yes, it’s totally free to download as a YoForex EA.


Key Features



  • Adaptive Pip Targets: Pip steps auto-scale via ATR and equity level—no manual fiddling

  • Dual-EMA Trend Filter: Two EMAs (default 10 & 30) confirm trend before every entry

  • ATR Volatility Shield: Blocks trades in low-ATR chop or extreme-ATR spikes

  • Equity-Adaptive Pip Step: Increases targets modestly as your balance climbs

  • Auto Lot Sizing: Risk-percent model (1–3% per trade recommended)

  • Fixed SL & Dynamic Trail: Initial stop-loss in pips, optional ATR-based trailing stop

  • News & Session Filter: Skip trading during major news or outside London/New York overlap

  • Drawdown Guard: Pauses new entries when drawdown exceeds your set limit

  • Instant Alerts: Pop-up, email & mobile push notifications—stay in the loop

  • Lightweight Code: Minimal CPU footprint—even with multiple pairs running

  • One-Click Defaults Reset: Restore YoForex’s optimized settings anytime


Backtest Results & Proof


We tested PIPSET EA V1.5 on EURUSD M15 from December 1, 2024 to April 30, 2025, using a 2% risk-per-trade model. Sample size: 412 trades.



  • Win Rate: 75.3%

  • Profit Factor: 1.91

  • Max Drawdown: 6.4%

  • Avg. Daily Return: +0.85%



The Equity-Adaptive Pip Step lifted net profits by 8% over V1.0, while the Volatility Shield cut false entries by 22%. Below are snapshots:


Live-demo performance on our public server tracked within 5% of backtest results, proving its robustness under real-world spreads and latency.


How to Install & Configure



  1. Download EA: Get PIPSET_V1_5.ex4 from
    https://yoforexea.com/downloads/pipset-ea-v1-5-mt4

  2. Copy File: Place into your MQL4/Experts folder in the MT4 data directory.

  3. Refresh MT4: Right-click Expert Advisors in Navigator → Refresh.

  4. Attach to Chart: Drag “PIPSET EA V1.5” onto your chosen chart (recommended: EURUSD M15).

  5. Configure Inputs:



  • RiskPercent: 2

  • FastEMA: 10; SlowEMA: 30

  • ATRPeriod: 14; ATRMin: 12; ATRMax: 50

  • BasePipStep: 15; EquityStepMultiplier: 0.02

  • SessionFilter: true (07:00–17:00 UTC)

  • DrawdownLimit%: 8

  • EnableNewsFilter: true; NewsImpact: “High,Medium”




  1. Save Template: Under Charts → Template → Save, name it “PIPSET-V1_5” for instant reuse.





Why Choose YoForex-Powered Tools?


YoForex EA tools are built end-to-end in-house, rigorously back-tested on multiple brokers, and continuously refined from trader feedback. No black-box secrets, no abandoned code—just transparent automation that adapts to live markets. Our support is real people, 24/5 on WhatsApp & Telegram—no ticket queues or auto-responses. When you trade with YoForex EA, you get proven, battle-tested tools and peace of mind.


Support & Disclaimer


Questions, feedback, or spotted a bug? Ping us—fast, no queues:



Disclaimer: Past performance is no guarantee of future results. Always demo-test PIPSET EA on a risk-free account before trading live, and never risk more than you can afford to lose. Trade responsibly.


Call to Action


Ready to supercharge your pip-harvesting strategy? Download PIPSET EA V1.5 MT4 now—free from YoForex EA. Install in minutes, let adaptive pip targets and volatility shields do the work, and start stacking consistent gains today!


Download here → https://yoforexea.com/downloads/pipset-ea-v1-5-mt4