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Real Pips Forex Robot (MT4)

The Real Pips EA for Metatrader 4 is a profitable Forex trading robot that uses a proprietary intraday strategy to open and close trades on your behalf.

All open trades are automatically protected by a stop loss and take profit target.

It does not use any dangerous trading methods that could quickly drain your account.

The Real Pips trading bot can be used with any Forex broker and was designed for the USD/JPY currency pair.

However, it should work on other currency pairs as well. Just try it.

As always, please use this 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 “Real Pips Robot.ex4” expert advisor

Strategy Tester Report

Find below the Real Pips EA track record for the USD/JPY 4-hour chart (click on the picture for full size view).

  • Total profit: $1309.09
  • Profit factor: +1.3
  • Profit in pips: 1501
  • Drawdown: 19.67%

Download This Expert Advisor

Download the “Real Pips Robot.ex4” EA

Recommendations & Specifications

  • Trading instruments: Preferred USD/JPY but should work on all currency pairs
  • Time frames: Preferred H4 but any time frame starting from M5 and above should work
  • Minimum account balance: $100
  • Demo account: Yes
  • Real account: Yes
  • Trading platform: Metatrader 4

Chart Example

The picture below shows the Real Pips EA expert advisor attached to the USD/JPY 4-hour chart.

Input Parameters & Settings

The following input parameter values can be modified by accessing the EA’s “Inputs” tab:

Use break even, when move break even, lot size, trailing, magic number, profit, start time, end time

How to install and run the Real Pips EA?

  • 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 Real Pips Robot.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 Real Pips EA!