EA Pip Scalper Default Settings on MT4
The EA Pip Scalper is at this time the best Forex autotrader on the market. There is no doubt about the fact that it produces some truly amazing results. Thousands of people have already started using this particular automated trading system for Forex. People seem to be extremely happy with it, as it has the ability to produce literally thousands of dollars in profits per day.
Of course, an app like this EA Pip Scalper system is great for people who don’t know much about Forex trading. It is designed to be very easy to use, even for people who have never traded FX before. The whole point of any software like this is to accurately and automatically place profitable trades on your behalf. By all means, the EA Scalper has proven itself to be both user friendly and profitable time and time again. If you have not yet given it a try, we would definitely recommend doing so.
Now, there is a problem that some people have been experiencing with this trading app, and it has to do with the specific trading platform it is being used on. For those of you who don’t know, the EA Pip Scalper can be used with both MetaTrader 4 and MetaTrader 5.
The problem occurs when users apply this app to the MetaTrader 4 platform, particularly when the default settings are involved combined with the optimization feature. If you’ve changed your default settings for this EA within MT4, you may have some issues, and we are here to solve these issues right now.
EA Pip Scalper – MT4 vs MT5 & Optimization
Ok, so let’s start off by quickly talking about the optimization feature that this awesome EA Pip Scalper app features. Within both MT4 and MT5, this app allows you to run a so called optimization test. This optimization will test the particular settings that the Scalper is set to, and will show you just how good the real trading results can be.
It’s pretty cool because you change any number of settings, run the optimization, and see how the bot would perform with those particular settings. Now, the EA Pip Scalper comes with default settings already in place, and they do work well. That said, you can always change settings and make them more favorable for your personal trading situation.
The issue here is that when you start changing settings when using MT4, it can be really hard to get back to the default settings. For this reason, it is strongly recommended that you use MT5. MetaTrader 5 is much easier to use and it provides for a much cleaner and more user-friendly experience. If you change settings for optimization on MT5, getting back to the defaults is easy.
However, if you change the optimization settings on MT4, it can be really hard to get back to the defaults. This of course ends up being really bad for traders, because depending on the settings you have changed, you may have destroyed the functionality of the bot. Let’s move on and talk about how you can change the settings back to the defaults on MT4 so you can get back to trading normally.
Returning to Default Settings in MetaTrader 4 (& MT5)
Ok, so if you are using MT4, and you have messed with the settings past the point where you know how to repair it, here is how to change everything back to the profitable default settings. Folks, it’s fine if this happens, because sometimes you might just forget what you changed. Here is how to get it back to normal.
- Within the MT4 platform, go to the optimization feature and make sure that the EA Pip Scalper Bot is selected, and then select the currency pair you want to be optimized.
- Make sure the spread is set to 5 and that the timeframe is set to H1.
- On the right, click on “expert properties”. If either you have changed some of the settings within the expert properties box, or the optimization fails to run, on the bottom right of that popup box, click on “reset”. All the settings should now be returned to the default settings.
- Now, if you are using the MetaTrader 5 platform, go to the inputs tab, then right-click, then click on “default”. It’s as simple as that. You may also change the settings back to default manually. For more info on how to do this, check out the video that we have included here.
EA Pip Scalper Custom Settings for MT5
Before we call it a day, the other thing that we want to mention about the EA Pip Scalper app is that you may also choose to use some awesome custom settings. If you go to the official site, under the reports section, you will see three specific custom settings.
Now, these custom settings are designed to optimize trading results based on your account balance. There is a custom setting for a $100 account, one for a $1,000 account, and one for a $10,000 account. Check out our full article on these custom settings right here.
The fact of the matter is that no matter the size of your trading account, the creators of the EA Pip Scalper have provided you with specific custom settings to provide the best results and the highest profits with your account balance. We would definitely recommend checking out these EA Pip Scalper Custom Settings.
The Best Forex Autotrader Worldwide – Final Thoughts
The bottom line is that if you end up changing the default settings for the EA Pip Scalper, whether in MT4 or MT5, it is possible to change them back, so don’t panic. Moreover, if you truly want to achieve the best results, particularly with your specific trading account balance, then using the custom settings is highly recommended. People, trading Forex has never been faster, easier, or more profitable than with the EA Pip Scalper Forex Autobot.