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Dynamic Pips is an MT4 expert advisor that trades a basket of forex pairs on the M5 chart, with a pip-based group stop-loss and a wide set of adjustable inputs. It is tagged for support and resistance style trading.
Get one message the moment it launches, with its price.
Dynamic Pips is an automated trading tool for MetaTrader 4. It is designed to run on the M5 chart across several forex pairs at once, spreading activity over a basket of markets rather than relying on one symbol.
Each chart runs its own copy of the EA for a single symbol. The store tags the strategy as support and resistance, and the product also uses signal filters to decide when a setup is acceptable. The exact entry rules are controlled by the input parameters, so read the descriptions in the inputs tab and the developer's setup guide before going live.
Exits combine a trailing take profit with a fixed stop loss. On top of that sits a group stop-loss: when a set of related trades on a pair reaches a configured pip loss, the whole group is closed. The idea is to limit damage when the original market assumption stops holding. A drawdown limit can also stop new entries and close open positions.
Grid and martingale-style position handling are available as options. These approaches can raise exposure quickly during a long adverse move. If you are unsure, keep them off or use conservative values and observe the behaviour on a demo account.
The inputs are broad. The table lists the areas to review; exact names and defaults depend on the file you receive, so check them in the EA's input window.
| Area | What to check |
|---|---|
| Signal filters | How strict entries are and how often trades open |
| Trade direction | Buy only, sell only or both |
| Volume and risk | Lot size and how exposure is spread across pairs |
| Take profit and stop loss | Trailing take profit, fixed stop loss and gap settings |
| Group stop-loss | Pip-loss threshold per pair |
| Drawdown limit | Level at which new trades stop and positions close |
| Grid and martingale | Whether enabled and the multiplier or step used |
Trading carries risk, and you can lose some or all of your deposit. Past results, including any backtests or live signals, do not predict future ones. Test on a demo account first and only trade with money you can afford to lose.
Backtests depend on the quality of tick data, spreads and slippage assumptions, and live conditions often differ. Review the drawdown limit and group stop-loss carefully before running on a funded account.
For continuous operation, many users run MT4 on a VPS so that the terminal stays connected.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 4 (expert advisor) |
| Strategy focus | Support and resistance |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Expert advisor, automated trading |
| Strategy tag | Support and resistance |
| Markets | Forex: AUDCAD, NZDCAD, AUDNZD, AUDUSD, NZDUSD, EURCHF, EURGBP and others |
| Timeframe | M5 |
| Chart setup | One symbol per chart, one EA instance per chart |
| Exits | Trailing take profit, fixed stop loss, group stop-loss |
| Requirements | MT4 terminal, algo trading enabled, stable connection or VPS |
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This listing is for MetaTrader 4 only. An MT4 expert advisor cannot be loaded into MT5, so if you trade on MT5 you need the separate MT5 edition of the product.
The EA is designed for the M5 chart and a set of forex pairs including AUDCAD, NZDCAD, AUDNZD, AUDUSD, NZDUSD, EURCHF, EURGBP, EURUSD, USDCAD, CADCHF and NZDCHF. Attach it to one chart per symbol. Check the included setup guide and preset files for the exact list that suits your account size.
The developer suggests a starting balance of around 1,000 USD with only a few pairs, and more pairs as the account grows. This is a guideline, not a guarantee of any outcome. Your broker's contract sizes, leverage and spreads matter, so test on a demo account first.
Copy the .ex4 file into the MQL4/Experts folder through File, Open Data Folder in MT4, then restart the terminal or refresh the Navigator. Open a chart for each pair, set it to M5, drag the EA onto it, enable algo trading and load a preset file if one is included.
Yes. The inputs let you adjust signal filters, trade frequency, direction, volume, take profit, stop loss, grid options and the drawdown limit. Higher exposure raises the potential loss, so change settings gradually and test them on a demo account.
It should run on brokers that offer the listed pairs on MT4, but spreads, execution speed, swap charges and symbol suffixes vary. Low-spread accounts are generally better suited to a M5 system. Check symbol names in your Market Watch and test before using real funds.
Dynamic Pips MT4
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