Pips Hunter EA designed for effective intraday trading on the GBPUSD currency pair, this robot uses advanced market analysis algorithms to make decisions with lightning speed and maximum accuracy. It uses trailing stops and strict spread control to minimize potential losses.

Attention!!! Please read carefully the rules for installing the advisor, and install it correctly. Before publishing, we check everything and publish only those advisors that work on our accounts !!! At least at the time of this article’s publication.Also, please note that the name of the adviser has been changed, you can find the original name of the adviser in our telegram channel https://t.me/FX_VIP/2324

Backtesting:

I have conducted two tests on history and this adviser shows good results, the first test was done with the recommended deposit size of 1000 units, the results showed that you can try to reduce the deposit to 300 and adjust the lot size in the settings to 0.01 and the robot also shows good results with a relatively small maximum drawdown. Below I will publish the results of testing with a deposit of 300, you can see more about it.

Settings:

Conclusion:

The robot shows really amazing results in the backtest, how it will behave in real trading is not clear yet, I have not tested it yet, I recommend first putting it on a demo account and seeing how it works. I can definitely say that the robot scalps a minimum number of pips and in this regard, for correct operation it will need a good broker with a low spread and VPS with minimal delays, and nevertheless I am sure that the adviser will not give such results as in testing, there will still be delays and slippage that will not lead to such results as in the backtest. But still I think it is worth testing in live trading, perhaps it will bring profit, albeit not as big as in the backtest, or maybe it will turn out to be bad and will drain the account, in any case, until we try we will not find out.

Functionality tested, in build 1420 working.

Reminder: As with every trading system, always remember that forex trading can be risky.  Don’t trade with money that you can not afford to lose.  It is always best to test EA’s first on demo accounts, or live accounts running low lotsize.  You can always increase risk later!

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