Using Best EA Pip Scalper Settings
Undoubtedly, the EA Pip Scalper app is by far the best new Forex autotrader around. This particular automated trading software for Forex was just released a few weeks ago. It has already managed to make quite the impact on the Forex trading community. People agree that it is a very user friendly piece of software that is great for newbies and pro traders like.
The EA Pip Scalper is currently one of the most profitable pieces of automated Forex trading software out there at this time. It has the ability to generate thousands of dollars in profits on minimal investments. However, with that being said, in order to optimize the performance and to maximize the profits of this bot, you do need to be using the right settings.
Now, the EA Pip Scalper is highly customizable. If you choose to do so, you can change all of the settings and parameters any way you see fit. However, this means that you really need to know what you are doing. If you change the settings yourself, and you don’t change them appropriately, you will end up losing money. Therefore, today we are here to talk about what the best settings for the EA Pip Scalper bot are, and how to apply them too.
EA Scalper Custom Settings – What are They?
What we really want to stress here is that the custom settings for the EA Pip Scalper are specially designed. These are not settings that you need to go change manually. You don’t have to copy and paste dozens of parameters. That would take too long.
Instead, the custom settings for this bot are contained in files. These files can be downloaded from the official site and then just applied to your copy of the EA Pip Scalper within the MetaTrader platform. You don’t actually have to know anything about Forex or changing settings at all. Just download and apply the specific custom setting that is best for you.
The other important thing to keep in mind here is that each of these 3 custom settings that can be chosen from are designed to optimize results for specific account amounts. In other words, one custom setting is made to maximize profits for $100 accounts, another for $1,000 accounts, and the third for $10,000 accounts.
EA Pip Scalper Custom Settings Performance
What you of course want to know about these custom settings is how they perform. Now, as we have already made clear, these custom settings are based on the amount of money that you have in your trading account.
These custom settings are optimized to work with various account balances, whether big or small, and this is what makes these settings so ideal for everyone to use. So, let’s take a closer look at each of the 3 custom settings for the EA Pip Scalper bot, and how they manage to perform.
$100 Account Custom Settings
The first custom setting for the EA Pip Scalper is designed to be used with trading accounts that have $100 on them to trade with. As you can see from the included screenshot, with just a $100 trading account, the bot 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 clearly performed very well.
$1,000 Account Custom Settings
The second custom setting for the EA Pip Scalper is designed to be used with trading accounts that have $1,000 on them to trade with. As you can see from the included screenshot, with just a $1,000 trading account, the bot 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 performed better than we had expected.
$10,000 Account Custom Settings
The third custom setting for the EA Pip Scalper is designed to be used with trading accounts that have $10,000 on them to trade with. As you can see from the included screenshot, with just a $10,000 trading account, the bot was able to produce profits just under $600,000. With a total of 47 winning trades, an average of 4 consecutive wins, and an equity drawdown of 27.71%, this custom setting clearly performed extremely well.
How to Apply the EA Pip Scalper’s Custom Settings
- Go to the official EA Pip Scalper website, links to which can be found here.
- Choose from the custom account settings – $100, $1,000, $10,000 (depending on how much money you want to trade with).
- Download the file from the top of the page in the reports section of the corresponding custom settings.
- Save the file in a location that is easy to access and remember on your computer.
- Open up the MetaTrader platform (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.
- 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 MetaTrader.
- Your EA Pip Scalper should now be fully functional using the custom settings package that you have applied to it.
EA Pip Scalper Custom Settings – Final Thoughts
As you can see from today’s review, if you use the right custom settings based on the amount of money you have in your trading account, the EA Pip Scalper system can indeed be extremely profitable.
Just remember that while you can manually alter the settings on your own, the custom settings that can be found on the official site are by far the most profitable.
If you have not already tried using the EA Pip Scalper app for Forex trading, we would strongly recommend doing so, as it is by far the highest performing automated trading bot out there at this time.
CLICK ON IMAGE BELOW TO SIGN UP