🔢 PIP CLUB EA BOT MT4 Settings Guide
PIP CLUB EA BOT is a highly configurable automated trading system designed with multiple trading engines, grid management, dynamic lot controls, profit protection, time filters, HILO signal filtering, trailing-stop management, equity protection and economic-news filtering.
The settings shown in the supplied screenshots reveal a comprehensive configuration framework that allows traders to control Buy/Sell engines, grid progression, lot sizing, trade frequency, profit protection, trading schedules, visual information panels, risk controls and high-impact news protection.
🔢 PIP CLUB EA BOT Settings
🔶 General & Display Settings
🔹 SerialKey: No value is specified in the supplied settings — this field is intended for the EA's serial/license key.
🔹 Version_: No value is specified — this is a version/configuration reference field.
🔹 Version1_: PIP CLUB EA Auto Trader 2.0 — Displays the EA/version identification as PIP CLUB EA Auto Trader 2.0.
🔹 Version2_: No value is specified — an additional version information field.
🔹 Display Info: true — Enables the information display on the trading chart.
🔹 Display background color: true — Enables the background color for the information display.
🔹 background color: Black — Sets the information-panel background color to Black.
🔶 Max Trades & Hard Stop Loss
🔹 Max buy trades (0 disabled): 10 — Allows a maximum of 10 Buy trades; 0 would disable this limit.
🔹 Max sell trades (0 disabled): 10 — Allows a maximum of 10 Sell trades; 0 would disable this limit.
🔹 Hard SL (in points): 10000 — Sets the hard Stop Loss distance to 10000 points.
🔶 Switches & Order Controls
🔹 Start MANUAL Order Grid (Only if A / B Enable): false — Disables manually starting the grid when Engine A/B is enabled.
🔹 Open New Orders?: true — Allows the EA to open new orders.
🔹 Enable Grid?: true — Enables the EA's grid trading functionality.
🔹 closes all orders now: false — The emergency function to immediately close all orders is currently disabled.
🔶 Magic Number Engine
🔹 Magic_: Magic Number Engine — Section controlling the unique identifiers used by the trading engines.
🔹 Enable Engine A [BUY]: true — Enables Engine A for Buy-side trading.
🔹 Magic Number A: 1111 — Assigns Magic Number 1111 to Engine A Buy trades.
🔹 Enable Engine B [SELL]: true — Enables Engine B for Sell-side trading.
🔹 Magic Number B: 2222 — Assigns Magic Number 2222 to Engine B Sell trades.
🔹 Engine fallback note: if all the engines are disabled runs a motor in buy and sell — The supplied panel indicates that if all engines are disabled, the EA can run a Buy-and-Sell motor.
🔶 Lot & Initial Trade Settings
🔹 Lot Mode: Percent Lot — Selects Percent Lot as the active lot-sizing mode.
🔹 Fixed Lot: 0.1 — Defines the fixed-lot parameter as 0.1 lots when fixed-lot calculation is used.
🔹 Percent Lot: 0.1 — Sets the percentage-based lot parameter to 0.1.
🔹 Take Profit in Pips: 6000 — Sets the Take Profit target to 6000 pips.
🔶 Grid Settings
🔹 Type Grid Lot: Martingale Lot 0.01 / 0.02 / 0.04 / 0.08 / 0.16 /........ — Selects the Martingale Lot progression, beginning with 0.01 / 0.02 / 0.04 / 0.08 / 0.16 / ....
🔹 Step Size in Pips: 3 — Sets the distance between grid levels to 3 pips.
🔹 Grid Increment Factor (If Martingale): 2.0 — Sets the Martingale grid lot multiplier to 2.0.
🔹 STEP LOT (If Step Lot): 4 — Sets the Step Lot parameter to 4 when Step Lot mode is used.
🔹 Max Lot: 99.0 — Limits the maximum lot size to 99.0 lots.
🔹 After Level Change Lot to A to B (Necessari all Engine Enable): 2 — Sets the level-change parameter to 2 for switching lot behavior between Engine A and Engine B when all engines are enabled.
🔹 Enable Grid Dual Side: false — Disables simultaneous dual-side grid operation.
🔶 One-Order-Per-Candle Filter
🔹 Open one order by candle: true — Restricts the EA to opening one order per candle according to the selected timeframe.
🔹 Timeframe OpenOneCandle: current — Uses the current chart timeframe for the one-order-per-candle filter.
🔶 Minimum Profit Close & Grid Protection
🔹 Enable Minimal Profit Close: true — Enables the minimum-profit closing mechanism.
🔹 Enable Protect Grid Last Save Firsts: true — Enables the grid protection mechanism designed to protect the last/save-first positions according to the EA's internal logic.
🔹 Minimal Profit Close /Protect Grid: 10.0 — Sets the minimum profit/protection threshold to 10.0.
🔹 Qtd Trades to Minimal Profit Close / Protect Grid: 10 — Sets the number of trades involved in the minimum-profit/grid-protection condition to 10.
🔶 Additional Configuration
🔹 Hedge After Level: 0 — Sets the hedge activation level to 0.
🔹 Daily Target in Money: 50 — Sets the daily monetary target to 50.
🔶 Moving Average Settings
🔹 Moving Average TimeFrame: current — Uses the current chart timeframe for the Moving Average.
🔹 Moving Average Period: 34 — Sets the Moving Average period to 34.
🔹 Moving Average Method: Exponential — Uses an Exponential Moving Average (EMA) calculation.
🔹 Moving Average Price: Open price — Calculates the Moving Average using the Open price.
🔹 Moving Average Shift: 0 — Sets the Moving Average shift to 0.
🔶 Trading Time Filter
🔹 InpUtilizeTimeFilter: true — Enables the trading-time filter.
🔹 InpTrade_in_Monday: true — Allows trading on Monday.
🔹 InpTrade_in_Tuesday: true — Allows trading on Tuesday.
🔹 InpTrade_in_Wednesday: true — Allows trading on Wednesday.
🔹 InpTrade_in_Thursday: true — Allows trading on Thursday.
🔹 InpTrade_in_Friday: true — Allows trading on Friday.
🔹 InpStartHour: 00:00 — Sets the trading start time to 00:00.
🔹 InpEndHour: 23:59 — Sets the trading end time to 23:59.
🔶 Visual Information Panel — Visor 1
🔹 Visor1_Show_the_Time: true — Displays the current chart/trading time.
🔹 Visor1_Show_the_Price: true — Displays the current price information.
🔹 Visor1_Price_Up_Color: LawnGreen — Sets the upward-price display color to LawnGreen.
🔹 Visor1_Price_Down_Color: Tomato — Sets the downward-price display color to Tomato.
🔹 Visor1_Price_X_Position: 10 — Sets the X-axis price display position to 10.
🔹 Visor1_Price_Y_Position: 10 — Sets the Y-axis price display position to 10.
🔹 Visor1_Price_Size: 20 — Sets the displayed price size to 20.
🔹 Visor1_Percent_X_Position: 10 — Sets the percentage display X position to 10.
🔹 Visor1_Percent_Y_Position: 70 — Sets the percentage display Y position to 70.
🔹 Visor1_Percent_Size: 20 — Sets the percentage display size to 20.
🔹 Visor1_Symbol_X_Position: 10 — Sets the symbol display X position to 10.
🔹 Visor1_Symbol_Y_Position: 40 — Sets the symbol display Y position to 40.
🔹 Visor1_Symbol_Size: 20 — Sets the symbol display size to 20.
🔹 Visor1_Chart_Timezone: -5 — Configures the chart timezone offset as -5.
🔹 Visor1_Time_Color: Yellow — Sets the displayed time color to Yellow.
🔹 Visor1_Time_Size: 17 — Sets the time display font size to 17.
🔹 Visor1_Time_X_Position: 10 — Sets the time display X position to 10.
🔹 Visor1_Time_Y_Position: 10 — Sets the time display Y position to 10.
🔹 Visor1_Spread_Size: 10 — Sets the spread display size to 10.
🔹 Visor1_Spread_X_Position: 10 — Sets the spread display X position to 10.
🔹 Visor1_Spread_Y_Position: 100 — Sets the spread display Y position to 100.
🔶 HILO Signal Settings
🔹 Enable Signal HILO: true — Enables the HILO signal component.
🔹 If True Invert Filter: false — Keeps the HILO filter in its normal direction rather than inverting the signal.
🔹 HILO TimeFrame: current — Uses the current chart timeframe for HILO calculations.
🔹 HILO Period: 3 — Sets the HILO calculation period to 3.
🔹 HILO Method: Exponential — Uses the Exponential calculation method.
🔹 HILO Shift: 0 — Sets the HILO shift to 0.
🔶 Trailing Stop Settings
🔹 Use Trailing Stop?: true — Enables the trailing-stop mechanism.
🔹 TrailingStart: 20 — Activates trailing management after the configured 20 threshold.
🔹 Size Trailing stop: 20 — Sets the trailing-stop distance/size to 20.
🔶 Break-Even Settings
🔹 Use Break Even?: true — Enables break-even management.
🔹 Break Even Start: 15 — Starts break-even management at 15.
🔹 Break Even Step: 3 — Sets the break-even adjustment step to 3.
🔶 Take Equity Stop
🔹 Usar Take Equity Stop?: true — Enables the Take Equity Stop function.
🔹 Closes all orders once Float hits this $ amount: 50.0 — Closes all orders once floating P/L reaches the configured $50.0 amount.
🔶 Spread Filter
🔹 Max Spread in Pips: 24 — Sets the maximum allowed spread to 24 pips.
🔶 Equity Caution
🔹 EquityCaution?: true — Enables the equity-caution protection mechanism.
🔹 Total % Risk to EquityCaution: 20.0 — Sets the equity-caution risk threshold to 20.0%.
🔹 Timeframe as EquityCaution: 1 Day — Uses a 1 Day timeframe for the equity-caution calculation.
🔶 Daily Target Filter
🔹 Use_Daily_Target: true — Enables the daily profit-target mechanism.
🔹 Daily_Target: 50.0 — Sets the daily target to 50.0.
🔶 Equity Stop
🔹 Use Equity Stop?: true — Enables the equity-stop mechanism.
🔹 Total % Risk to EquityStop: 60.0 — Sets the total equity-stop risk threshold to 60.0%.
🔹 Send Alert to Celular: false — Disables mobile/cellular alerts.
🔹 Close all orders in TotalEquityRisk: false — Disables closing all orders when the total equity-risk threshold is reached.
🔹 Remove EA and close chart after Equity stop closes trades: true — Removes the EA and closes the chart after the equity stop has closed trades.
🔶 News Filter — Investing.com
🔹 Use news filter: true — Enables the economic-news filtering system.
🔹 Close trades during news period: false — Keeps existing trades open during the configured news period.
Low-Impact News
🔹 Scan for low impact news: false — Disables scanning for low-impact economic events.
🔹 Before low impact news: 5 — Sets a 5-minute pre-news period for low-impact events.
🔹 After low impact news: 5 — Sets a 5-minute post-news period for low-impact events.
Medium-Impact News
🔹 Scan for medium impact news: false — Disables scanning for medium-impact economic events.
🔹 Before medium impact news: 5 — Sets a 5-minute pre-news period for medium-impact events.
🔹 After medium impact news: 5 — Sets a 5-minute post-news period for medium-impact events.
High-Impact News
🔹 Scan for high impact news: true — Enables scanning for high-impact economic events.
🔹 Before high impact news: 5 — Stops/filters activity 5 minutes before high-impact news according to the EA's news logic.
🔹 After high impact news: 5 — Maintains the configured news protection for 5 minutes after high-impact news.
NFP News
🔹 Scan for NFP news: true — Enables scanning for Non-Farm Payroll (NFP) events.
🔹 Before NFP news: 5 — Sets a 5-minute pre-NFP protection period.
🔹 After NFP news: 5 — Sets a 5-minute post-NFP protection period.
🔶 News Chart Visualization
🔹 DrawNewsLines: true — Displays news-related lines on the trading chart.
🔹 Line colour - low impact news: Green — Uses Green for low-impact news lines.
🔹 Line colour - medium impact news: Blue — Uses Blue for medium-impact news lines.
🔹 Line colour - high impact news: Red — Uses Red for high-impact news lines.
🔹 Line width: 1 — Sets the news-line width to 1.
🔹 Line Style: Dot — Uses a Dot line style for news markers.
🔢 Key PIP CLUB EA BOT Configuration Summary
🔹 Version: PIP CLUB EA Auto Trader 2.0
🔹 Buy Engine: true — Engine A is enabled with Magic Number 1111.
🔹 Sell Engine: true — Engine B is enabled with Magic Number 2222.
🔹 Grid: true — Grid trading is enabled.
🔹 Grid Type: Martingale Lot 0.01 / 0.02 / 0.04 / 0.08 / 0.16 /........
🔹 Grid Step: 3 pips.
🔹 Grid Increment Factor: 2.0.
🔹 Maximum Lot: 99.0.
🔹 Maximum Buy Trades: 10.
🔹 Maximum Sell Trades: 10.
🔹 Take Profit: 6000 pips.
🔹 Minimum Profit Protection: true, with 10.0 minimum profit and 10 trades.
🔹 Daily Target: 50.
🔹 Moving Average: 34-period Exponential MA using Open price, with Shift 0.
🔹 HILO: Enabled with Period 3, Exponential method, current timeframe, and Shift 0.
🔹 Trailing Stop: Enabled with TrailingStart 20 and Size Trailing stop 20.
🔹 Break Even: Enabled with Start 15 and Step 3.
🔹 Take Equity Stop: Enabled at $50.0 floating P/L.
🔹 Equity Caution: Enabled at 20.0% over 1 Day.
🔹 Equity Stop: Enabled at 60.0%.
🔹 News Filter: Enabled, with high-impact news and NFP news scanning active.
🔹 High-Impact News Window: 5 minutes before and 5 minutes after.
🔹 NFP News Window: 5 minutes before and 5 minutes after.
🔹 Maximum Spread: 24 pips.
🔹 Trading Schedule: Monday through Friday enabled from 00:00 to 23:59.
🔢 Conclusion
PIP CLUB EA BOT offers a broad and highly configurable trading framework combining dual Buy/Sell engines, grid trading, Martingale lot progression, Moving Average filtering, HILO signals, trailing stops, break-even management, daily targets, equity protection, and economic-news filtering.
The supplied configuration enables both Engine A [BUY] = true and Engine B [SELL] = true, with Magic Numbers 1111 and 2222. Grid trading is enabled with a 3-pip step, 2.0 Martingale increment factor, and 99.0 maximum lot, while the EA permits up to 10 Buy and 10 Sell trades.
Risk-control features are also active, including Take Equity Stop at 50.0, Equity Caution at 20.0%, Equity Stop at 60.0%, trailing stop, and break-even management. The news filter focuses particularly on high-impact and NFP events, with 5-minute protection windows before and after each event.
Because the configuration includes a Martingale grid system, a very high Max Lot of 99.0, and up to 10 Buy + 10 Sell trades, users should carefully evaluate exposure, margin requirements, and maximum drawdown through extensive backtesting and forward testing before live deployment.
