Best Settings for EA Pip Scalper
If you have not already heard of it, the new EA Pip Scalper app is the best Forex autotrader around. This piece of automated Forex trading software was just released for public use a couple of weeks ago. In that short time, it has already managed to garner plenty of positive reactions from the FX trading community.
Most people agree that the EA Pip Scalper app is currently the most user friendly automated trading system around. One reason for this is because it is very easy to use, so easy that even somebody with zero Forex trading experience could profit with it. Moreover, the fact that it trades all Forex currency pairs, and has the ability to produce big time profits is a really big deal no doubt.
With that all of that being said, there is a right way and a wrong way to use the EA Pip Scalper system, and it all has to do with customization. For those that don’t know, this Forex trading app is extremely customizable. Literally any setting that you could change in manual trading can be altered here. This allows you to trade the way that works best for you.
However, what if you don’t know anything about Forex and you don’t know what the best EA Pip Scalper settings are? Well, luckily for you, the makers of this awesome Forex autotrader have created various custom settings setups for people to use, custom settings based on account balances. Today, we are here to talk about what the best EA Pip Scalper settings are, how they perform, and how to apply them to your app.
EA Pip Bot Custom Settings
The important thing about the EA Pip Scalper’s custom settings to know is that they all come contained in downloadable files. In other words, you don’t actually have to change anything yourself.
You can simply download the custom settings based on your account balance, apply them to your copy of the bot, and start trading with them.
Custom settings are based on account balances. There are 3 custom settings to choose from, each of which is designed to maximize profits for specific account balances. There is a custom setting to maximize profits for $100, $1,000, and $10,000 accounts.
EA Pip Scalper Custom Settings Packages Performance
Something that you are definitely interested in knowing is how these custom settings actually perform. How much money do you stand to make by using each of these EA Pip Scalper custom settings?
Custom Settings for $100 Account
This first custom setting package for the EA Pip Scalper app is designed to be used with trading accounts that have $100 on them. As can be seen from the included image, with a $100 trading account, the app was able to produce profits well over $6,000. With a total of 47 winning trades, an average of 4 consecutive wins, and an equity drawdown of 27.42%, this custom setting performs well for people with very small trading accounts.
Custom Settings for $1,000 Account
This second custom setting package for the EA Pip Scalper app is designed to be used with trading accounts that have $1,000 on them. As can be seen from the included image, with a $1,000 trading account, the app was able to produce profits just under $60,000. With a total of 47 winning trades, an average of 4 consecutive wins, and an equity drawdown of 27.70%, this custom setting performs well for people with small-medium trading accounts.
Custom Settings for $10,000 Account
This third custom setting package for the EA Pip Scalper app is designed to be used with trading accounts that have $10,000 on them. As can be seen from the included image, with a $10,000 trading account, the app was able to produce profits of roughly $597,000. With a total of 47 winning trades, an average of 4 consecutive wins, and an equity drawdown of 27.71%, this custom setting performs well for people with large trading accounts.
How to Apply EA Scalper Best Custom Settings
One thing that you need to know how to do is how to apply the custom settings to your version of the EA Pip Scalper within the MetaTrader app. For clear instructions, follow the steps as outlined below, or check out the included setup tutorial video for the custom settings that we have included below.
- Go to the official EA Pip Scalper site, links to which can be found here.
- Choose from the custom account settings available. (depending on how much money you have in your trading account).
- Download the file from the top of the page in the reports section of the appropriate custom settings page based on your trading account.
- Save the file in a location on your computer that is easy to access and remember.
- Open up the MetaTrader platform on your computer (MT4 or MT5).
- Press the smiley face icon or the F7 key on your keyboard to open the expert advisors’ box.
- Click on the “load” button to open the file.
- Upload the EA Scalper custom settings file that you just downloaded.
- Click on “open” to open up the custom settings file and apply it to the software within the MetaTrader platform.
- Your EA Pip Scalper should now be fully functional using the custom settings package that you have applied to it.
EA Pip Scalper Best Custom Settings – Final Thoughts
Folks, as you can see from our review today, if you use the right custom settings for the EA Pip Scalper, you do stand to make a whole lot of profits. There is no doubt about that fact.
It is just important to remember that these custom settings are based on account balances, so be sure to choose the right settings for the amount of money you have to trade with.
For those of you who have not yet used the EA Pip Scalper for Forex trading, it is very profitable and easy to use, and we would strongly recommend giving it a shot.
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