The PinPoint Scalper EA for Metatrader 4 is an amazing Forex scalper robot that performs the best on the 1-minute and 5-minute charts.
The expert advisor made a +1395.42% profit, coupled with a 93% win rate in 17 years of back-testing data for the GBP/USD currency pair.
It works on any currency pair of your preference, however, since it’s a scalper EA, deploy it on the low spread currency pairs.
All trades are protected by a stop loss and take profit order.
The PinPoint Scalper EA includes some risk management tools that can be found at the inputs tab.
Moreover, the EA offers a variety of options to close the trade, either by numbers of pips or percentage profit.
As always, please test the EA on a demo account first until you fully understand how it works and how it performs over an extended period of time.
Free Download
Download the “Pinpoint EA.ex4” expert advisor
Track Record
Find below the detailed PinPoint Scalper Forex Robot track record (click on the picture for full size view).
Key Points
- Gain: +1395.42%
- Daily gain: 0.04%
- Monthly gain: 1.29%
- Drawdown: 24.97%
Chart Example
The picture below shows the PinPoint Scalper EA attached to Euro/U.S. Dollar 1-minute trading chart.
Recommendations & Specifications
- Optimized for the M1 and M5 trading charts
- Should works for M1, M5, M15, M30
- Works for any currency pair + Gold
- Minimum account balance: $100
- Demo account: Yes
- Real account: Yes
- Trading platform: Metatrader 4
Input Parameters & Settings
The following input parameter values can be modified by accessing the EA’s “Inputs” tab:
Show info, magic number, minimum pips per candle, lots, risk factor, stop loss, take profit, close on opposite signal, lot increase mode, buy level, sell level, use trend mate filter, use grid, maximum open orders, close by pips profit, profit in pips, close by % loss, close by % profit, profit %, license key (fill in anything you want here)
Download This Expert Advisor
Download the “Pinpoint EA.ex4” EA
How to install and run the PinPoint Scalper EA in Metatrader 4?
- Open the Metatrader 4 platform
- From the top menu, click on “File”
- Now click on “Open Data Folder”
- Open the “MQL4” folder
- Open the “Experts” folder
- Copy the Pinpoint EA.ex4 file here
- Then close and restart the MT4 platform
- Attach the expert advisor to the chart
Now, you are ready to start using the PinPoint Scalper EA!