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Pips Kicker is an MT5 expert advisor that trades trend-following pullbacks at support and resistance levels on Forex pairs and Gold. It keeps one position open at a time and includes loss limits, news and spread filters, and an on-chart status panel.
Get one message the moment it launches, with its price.
Pips Kicker is an expert advisor for MetaTrader 5 that looks for entries at support and resistance levels while taking the broader market direction into account. It opens a single position at a time and attaches a Stop Loss and Take Profit that stay fixed once the trade is placed.
The EA studies the current market structure, identifies relevant support and resistance levels, and then applies additional market filters before it allows a setup to be traded. Setups whose stop and target do not fit the structure on the chart are skipped, which keeps the entry logic tied to defined levels rather than to arbitrary distances.
Only one trade is active at any moment. The developer states that the EA does not use grid or martingale techniques, so exposure should stay easy to follow. A dashboard on the chart shows the EA status, and the EA also checks the terminal connection and the AutoTrading state.
The EA is intended for Forex pairs and Gold. If you run several symbols, pick pairs that are not closely correlated. The product description does not give a single required timeframe, so check the recommended chart settings with the seller or test on a demo account before choosing one.
Exact input names can differ, so open the Inputs tab after attaching the EA and read each field. The main parameters are:
| Parameter | Purpose |
|---|---|
| Risk/Reward Ratio | Defines Stop Loss and Take Profit. Changing it also changes how many setups qualify. |
| Magic Number | Identifies the EA's trades. Use a different value for each instance on the same symbol. |
| Daily loss limit | Stops trading after the set daily loss. Check the unit used. |
| Drawdown limit | Stops trading after a drawdown from the equity or balance peak. |
| News and spread filters | Control when new trades are allowed. |
Lot sizing options and default values should be checked in the inputs of your copy. No minimum deposit is stated here, so confirm a suitable balance for your broker's contract sizes using a demo account.
Both hedging and netting accounts are supported. Leverage of 1:30 can work, but 1:100 or higher is recommended. Low spreads and stable execution help. A VPS, either the MQL5 service or a desktop VPS, keeps the EA running without interruption.
The package also includes simple, independent tools for manual trading, such as trading with lines, a lot calculator based on money risk, trailing stop and break even, closing on total profit or loss, one-cancels-other pending orders and bulk close or delete. Use only the ones you need.
Trading carries risk, and you can lose some or all of your capital. Past results do not predict future ones, and no setting or filter removes that risk. Test Pips Kicker on a demo account first and only trade with money you can afford to lose.
| Product type | Expert advisor (automated trading) |
|---|---|
| Platform | MetaTrader 5 |
| Strategy focus | Trend, Grid, Support and resistance |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Strategy | Trend following with support and resistance entries |
| Markets | Forex pairs and Gold |
| Position handling | One active trade at a time; fixed SL and TP after entry |
| Account types | Hedging and netting |
| Leverage | 1:30 is supported; 1:100 or higher is recommended |
| Interface | On-chart dashboard in 6 languages |
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No. This product is built for MetaTrader 5 only. It will not load in MetaTrader 4, so check which platform your broker account uses before you buy.
According to the developer, no. The EA keeps only one trade active at a time and each trade has a predefined Stop Loss and Take Profit. Check this yourself on a demo account before going live.
The EA is described as not very sensitive to the broker and works on both hedging and netting accounts. Lower spreads and stable execution are preferable. Confirm that your broker offers the symbols you want to trade, including Gold if needed.
Yes, by attaching it to separate charts. Use a different Magic Number for each instance on the same symbol. If you trade several pairs, choose ones that are not strongly correlated so that positions do not all move together.
SL and TP are set through the Risk/Reward Ratio input. The EA ignores setups whose levels do not fit the current support and resistance structure, so a different ratio can mean fewer or more trades. Test any change on a demo account first.
A VPS is not required, but it helps keep the EA running continuously. Both the MQL5 VPS service and a standard desktop VPS can be used.
Pips Kicker
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