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Content: Expert: Piptronic 1.0.ex4 (Unlocked-Unlimited), UserGuides: Installation.txt, UserGuide.txt.
Piptronic is optimized for use on the EURGBP M15 chart only. Using it on any other chart will likely result in significantly different outcomes and could lead to losses.
The tool works for all account sizes, but it’s essential to adjust the lot size according to your account balance. Here’s the recommended lot size based on your account size:
$250-$500 (micro account) = 0.1 lot size
$500-$1000 account = 0.1 to 0.3 lot size
$1000-$2500 account = 0.3 to 0.8 lot size
$2500-$5000 account = 0.8 to 2.0 lot size
$5000+ = 1.0 to 4.0 lot size
If you notice that trades are too few, you can increase the lot size.
It’s important to keep N0S enabled at all times, as it enhances both profitability and reliability.
The Money Management setting should be left off for now, as it has shown better results in its current state. A future update will improve its functionality, so it’s best to wait before using this feature.
For brokers with 5-digit pricing, you must adjust the take profit, stop loss, and lot size by adding a zero. For example, take profit should be 130.0, stop loss 460.0, and for a 0.1 lot size on a 5-digit broker, use 1.0.
FXopen is recommended as a broker because it maintains a stable 3-pip spread on EURGBP, making it ideal for use with Piptronic.