🔢 Dynamic Pips MT5 – Complete Settings Guide & Parameter Explanation
Dynamic Pips MT5 is an automated Forex trading Expert Advisor for MetaTrader 5 that combines grid trading, martingale recovery, dynamic position management and supply/demand analysis.
The EA provides flexible risk controls, customizable trade frequency, automated position closing logic, and visual dashboard tools, making it suitable for traders seeking a systematic approach to multi-position trading.
🔢 Installation Panel Parameters
Below are the details of the parameters in the advisor’s trading system settings table:
🔶 General Information
🔹 Expert advisor = DYNAMIC PIPS — The official name of the Expert Advisor.
🔹 Version = 2.2 — Current EA version is 2.2.
🔹 Magic number = 61025 — Unique identifier used by the EA to manage and track its own trades.
🔶 Basic Settings
🔹 Base balance (as % of Account balance) = 100.0 — Uses 100.0% of the account balance as the reference for calculations.
🔹 Signal Reliability = Medium — Trade signal quality is configured to Medium reliability.
🔹 Volume Increase Mode = Moderate — Position size increases at a Moderate rate during trade progression.
🔹 Position Closing Methods = Standard Close — Trades are closed using the Standard Close method.
🔹 Risk Distribution Level = No — Risk distribution across positions is disabled.
🔶 Personalized Settings
🔹 Personalizing trading style = Disable — Custom trading style optimization is disabled.
🔹 Positions = Buy and Sell — The EA is allowed to open both Buy and Sell positions.
🔹 Order volume (0 = use default) = 0.0 — Default lot-sizing algorithm is used.
🔹 Trading frequency = Normal — Trading activity is set to Normal frequency.
🔹 Take profit (pips) = 30 — Each trade targets 30 pips profit.
🔹 Stop loss (pips) = 300 — Each trade uses a 300-pip stop loss.
🔹 Grid strategy = Yes — Grid trading functionality is enabled.
🔹 Martingale strategy = Yes — Martingale money management is enabled.
🔹 Gap between positions (pips, 0 = use default) = 0 — Default spacing between grid positions is used.
🔹 Using demand/supply zone = No — Supply and Demand zone filtering is disabled.
🔶 Risk Management 1
🔹 Close all positions after price moves X pips from first entry = Enable — Global basket-closing feature is activated.
🔹 Pip distance to trigger position closure (0 = use default) = 0 — Default basket-closing distance is used.
🔹 Auto-adjust position stop loss to the recent settings = Yes — Stop losses are automatically updated according to current EA settings.
🔶 Risk Management 2
🔹 Drawdown calculation = as amount of money (in Deposit currency) — Drawdown is measured in account currency rather than percentage.
🔹 When getting this drawdown level = 100000 — Drawdown threshold is set to 100000 units of deposit currency.
🔹 Stop opening new positions on the symbol = No — The EA continues opening new trades even when the drawdown threshold is reached.
🔹 Closing all existing positions of the symbol = No — Existing positions remain open when the drawdown threshold is reached.
🔶 Other Settings
🔹 Exchange rate (1 USD = ??? Deposit currency, 0 = use default) = 0.0 — Default exchange rate conversion is used.
🔹 Max positions per group = 20 — Maximum number of positions allowed in a trading group is 20.
🔹 Max spread for trading (pips) = 10 — Trading is allowed only when spread is 10 pips or less.
🔹 Order comment = Dynamic Code — Custom comment attached to EA-generated orders.
🔹 Display Supply/Demand zone = Yes — Supply and Demand zones are displayed on the chart.
🔹 Display Dashboard = Full Display — The full trading dashboard is shown on the chart.
🔹 Dark/Light Mode = Dark Mode — Dashboard appearance is configured to Dark Mode.
🔢 Configuration Summary
🔹 EA Name: DYNAMIC PIPS.
🔹 Version: 2.2.
🔹 Magic Number: 61025.
🔹 Signal Reliability: Medium.
🔹 Volume Increase Mode: Moderate.
🔹 Trading Direction: Buy and Sell.
🔹 Trading Frequency: Normal.
🔹 Take Profit: 30 pips.
🔹 Stop Loss: 300 pips.
🔹 Grid Strategy: Enabled.
🔹 Martingale Strategy: Enabled.
🔹 Maximum Positions per Group: 20.
🔹 Maximum Spread: 10 pips.
🔹 Dashboard Mode: Full Display.
🔹 Theme: Dark Mode.
🔢 Conclusion
Dynamic Pips MT5 is a flexible automated trading system that combines grid trading, martingale recovery, dynamic stop-loss management and visual trade monitoring tools. In the displayed configuration, the EA operates with a Medium signal reliability, Normal trading frequency, a 30-pip Take Profit, and a 300-pip Stop Loss, while allowing up to 20 positions per trading group. Traders should carefully monitor exposure when using grid and martingale strategies, especially during periods of high market volatility.
