Pip Step EA MT4 v1.5 (Platform build 1441+)

Pip Step EA MT4 – Smart Grid Trading with Precision Control

Pip Step EA is a powerful grid-based Expert Advisor (EA) for MetaTrader 4 (MT4), engineered for traders seeking a low-risk, flexible, and profit-optimized trading system. This EA combines strategic pip-step grid logic with trailing stop mechanics and equity-based exits, offering a balanced approach suitable for both sideways and trending markets.

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Key Features of Pip Step EA MT4

🔹Hybrid Grid Strategy: Uses fixed pip intervals to manage order spacing, with a directional switch after a defined number of trades to reduce overexposure.
🔹Built-in Risk Control: Limits Buy/Sell positions to a maximum of 3 before switching to a one-directional trading mode to reduce whipsaw losses.
🔹Trailing Stop with Flexibility: Locks in profits using dynamic trailing stops while allowing for trend continuation.
🔹Equity-Based Profit Exit: Closes all open trades when the equity gain hits a target percentage — perfect for compounding or fixed-growth strategies.

Strategic Advantages

🔹Smart Grid Control: With wide 150-pip spacing and a cap on order counts, this EA reduces drawdowns and avoids grid overloading in choppy markets.
🔹Directional Shift Mode: Automatically transitions to a one-way trade logic after 3 trades, ideal for trending conditions.
🔹Profit Protection: Trailing stop + fixed TP + equity exit = multi-layered profit capture and capital safety.
🔹Low-Frequency, High-Accuracy: Best suited for patient traders aiming for strategic entries rather than high-frequency scalping.

Pip Step EA MT4 Review

🔹Pip Step EA is designed to capitalize on market pullbacks by using pip-step spacing logic. The backtest was conducted on the GBP/CAD currency pair using M15 timeframe over a 5-year period, from January 2012 to January 2017, under ICMarkets conditions with 99.90% modeling accuracy.

✅ Initial Deposit: $1,000
✅ Total Net Profit: $1,702.09
⚠️ Maximal Drawdown: 5.40%
✅ Win Rate (Profit Trades): 87.74%

Pip Step EA MT4 Backtest Trading Results

🔹Backtested trading advisor with AUDCAD pair for 5 years (2012 – 2017) with $1,000 capital. Detailed performance parameters achieved:

✅ Initial Deposit: $1,000
✅ Net Profit: $1,076.57
⚠️ Maximal Drawdown: 4.83%
✅ Win Rate (Profit Trades): 71.24%

Pip Step EA MT4 Backtest Results

🔹Backtested trading advisor with EURJPY pair for 5 years (2012 – 2017) with $1,000 capital. Detailed performance parameters achieved:

✅ Initial Deposit: $1,000
✅ Net Profit: $1,354.31
⚠️ Maximal Drawdown: 5.42%
✅ Win Rate (Profit Trades): 79.74%

Pip Step EA Backtest Trading Results

🔹Backtested trading advisor with GBPUSD pair for 5 years (2012 – 2017) with $1,000 capital. Detailed performance parameters achieved:

✅ Initial Deposit: $1,000
✅ Net Profit: $1,027.52
⚠️ Maximal Drawdown: 5.89%
✅ Win Rate (Profit Trades): 78.01%

Pip Step EA Backtest Results

Why choose and use Pip Step EA?

🔹Perfect for Prop Firm Challenges: Built-in 1% equity target and order limit help stay within drawdown restrictions.
🔹Low-Risk Automation: Conservative pip step and micro lot usage make it suitable for small accounts and testing environments.
🔹Profit Protection System: The trailing stop ensures profits are secured once trades move favorably.
🔹Stable in Sideways Markets: Optimized for low-volatility pairs like EUR/CHF and AUD/NZD.
🔹Reduces Emotional Trading: Fully automated logic minimizes human error and overtrading.

Trading Specifications

Recommended settings and parameters to pay attention to from developers and experts:

==>> Reviewed by David Easton

Product Download Package?

The download package of the product suite includes:

✅ Experts: Pip Step EA v1.5.ex4

Conclusion: Precision Meets Reliability with Pip Step EA MT4

In short, Pip Step EA is a smart, precision-engineered grid tradingn solution tailored for traders who value low-risk strategies, stable growth, and intelligent automation. With its unique pip-step spacing logic, equity-based exits, and built-in directional control, this expert advisor offers a disciplined and effective way to navigate both trending and ranging markets. Whether you’re targeting steady compounding gains or aiming to pass prop firm evaluations, Pip Step EA delivers a well-balanced approach that minimizes drawdow and protects capital.