PipHunter M5 MT4 v1.0 with SetFiles (Platform build 1444+)
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What is PipHunter M5?
PipHunter M5 is an innovative forex Expert advisor (EA) for the GBPUSD pair. PipHunter M5 uses advanced market analysis algorithms to make decisions with lightning speed and maximum accuracy. The EA is compatible with the MetaTrader 4 (MT4) platform, and performance has been verified by Myfxbook.
➡️ Vendor website: Click here
About the Author
This product is compiled by Vadym Velychkov. This UkraineUnited States author has more than +4 years of experience working on MQL5 with many famous products such as PipHunter M5 EA MT4, Scalping Meter MT4, Net89 EA and others. Among them, PipHunter M5 is his best performing product.
Key Features of PipHunter M5 for MT4
🔹Smart risk management: Do not use potentially risky features such as Martingale and Grid.
🔹Fast trading: Make trading decisions with extremely fast speed and high accuracy thanks to optimized algorithms.
🔹Effective risk management: Use Trailing stops and tight spread control to minimize losses.
🔹Adaptive strategy: Automatically adjusts trading volume depending on account status and market conditions.
🔹Flexible settings: Ability to set exact trading hours and parameters to optimize to your preferences.
Key Advantages of PipHunter M5
🔹Automate trading: Helps trade forex even when you are not in front of your computer.
🔹Minimize emotions: Remove emotions from the trading decision-making process.
🔹Ease of use: Easy to integrate and install on the MT4 platform, with a minimum initial balance requirement of $1,000.
PipHunter M5 MT4 Review
1. PipHunter M5 EA Myfxbook:
PipHunter M5 has undergone rigorous long-term trading tests. Expert advisors have proven transparent performance, taking full advantage of the MT4 platform and achieving high security. At the same time, performance is effectively verified by Myfxbook.
PipHunter M5 MT4 Performance Verified by Myfxbook
PipHunter M5’s trading performance is verified by Myfxbook
Actual trading results of PipHunter M5
2. PipHunter M5 MT4 Backtest:
The PipHunter M5 EA have achieved impressive profit performance over many years of trading. The advisor shows amazing ability to master the market and increase profits.
The PipHunter M5 backtest trading results achieved impressive profit performance for 6 months on the GBPUSD pair.
Initial Deposit: $1,000
Total Net Profit: $131,150.16
Win Rate (% of total): 93.04%
Maximum Drawdown: 0.99%
PipHunter M5 backtest
PipHunter M5 MT4 backtest
Recommended settings
Recommended settings and parameters to pay attention to from developers and experts:
| Features | Type |
|---|---|
| Trading platform | MetaTrader 4 (MT4) |
| Time frames | Works on all timeframes |
| Minimum / Recommended deposit | $1,000 |
| Currency pairs | GBPUSD |
| Setup files | Available |
| Product type | NoDLL / Fix |
| Additional services | Unlock and Decompile |
| Recommended brokers | Exness Broker, Icmarkets Broker |
| Recommended VPS | MyfxVPS.com ( Blue VPS, Golden VPS). Lowest Latency, 2 week Free Trial, 100% Free for 12-18 Months. |
➡️ Reviewed by David Easton
Product Download Package?
The download package of the product suite includes:
1. Experts:
✅ PipHunter M5 (Official version).ex4
2. SetFiles:
✅ GBPUSD_1K_H1+H4_Low Risk.set
✅ GBPUSD_1K_H1+H4_Medium risk.set
✅ GBPUSD_1K_H1+H4_High Risk.set
Conclusion
In short, PipHunter M5 is one of the rare robots on the market that avoids Martingale. If you are looking for a stable, low-risk GBPUSD trading tool that can be used long-term on a real account, this is the top choice.
User Reviews
Only logged in customers who have purchased this product may leave a review.
❓ What is the PipHunter M5 EA for MT4?
PipHunter M5 is an automated forex trading robot (EA) designed specifically for the GBPUSD pair. It focuses on high-precision intraday scalping using advanced market analysis algorithms to capture small price movements with minimal risk.
❓ Who is the developer of PipHunter M5?
The EA was created by Vadym Velychkov, a professional MQL5 developer with over 4 years of experience and a portfolio of successful products like Net89 and Scalping Meter.
❓ Does PipHunter M5 use Martingale or Grid strategies?
No. One of its key advantages is that it does not use Martingale, Grid, or Hedging. Each trade is protected by a mandatory Stop Loss and Take Profit, making it a "safe" algorithmic system for funded accounts.
❓ Is PipHunter M5's performance verified?
Yes. Its trading performance has been verified through Myfxbook, providing transparency regarding its gain, drawdown, and win rate over long-term testing periods.
❓ What is the minimum deposit required for PipHunter M5?
The developer recommends a minimum initial balance of $1,000. This ensures sufficient margin to handle market volatility while maintaining proper risk management levels.
❓ Which broker is best for PipHunter M5?
Since it is a scalping EA, it is crucial to use a Low Spread / ECN broker (like IC Markets or Pepperstone). Low spreads and fast execution (low slippage) are vital for the bot's accuracy and profitability.
❓ Does PipHunter M5 include a News Filter?
Yes, the EA features strict spread control and adaptive algorithms that can pause trading during unstable market conditions, such as high-impact news releases that might cause excessive slippage.
❓ How do I install PipHunter M5 on MetaTrader 4?
Simply download the .ex4 file, paste it into your MQL4/Experts folder, restart MT4, and drag the EA onto a GBPUSD M5 chart. Ensure "Auto Trading" is enabled in your terminal.
❓ What is "Trailing Stop" in PipHunter M5?
The Trailing Stop feature automatically moves your Stop Loss closer to the current price as the trade becomes more profitable. This secures your gains even if the market suddenly reverses.
❓ Can I customize PipHunter M5 settings?
Yes. The EA allows you to adjust parameters like lot size, trailing stop points, trading hours, and maximum spread to align with your personal risk tolerance and broker environment.
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