ForexPIPZen and ForexPIPZen LITE are Expert Advisors designed to trade the EURUSD on forex market. I developed these EAs in a manner that reduces much of the influence of curve fitting (overfitting).
Many Expert Advisor can be built and their results optimized to provide a near linear equity curve on past data, but what about future unseen data? This is where ForexPIPZen shows its value. Do not just take our word for it we want you to see for yourself for the next 30 days ....on us!
No Scalping
No Martingale
No Hedging
100% FREE to try
Above is the results of ForexPIPZen LITE 1.06. The standard version has an improved Profit factor by both reducing trades as well as increased Take Profit points. It utilizes my proprietary ZEN trading Logic.
Symbol
EURUSD (Euro vs US Dollar)
Period
1 Hour (H1) 2008.01.02 09:00 - 2009.12.13 23:00 (2008.01.01 - 2009.12.14)
Model
Every tick (the most precise method based on all available least timeframes)
Parameters
Copyright.="- © 2008 ForexPIPZen.com -"; AllowedPair_Version.="- EURUSD 1 HOUR Version -"; AllowedPair="EURUSD"; SendEmail=true; Magic=887453; slippage=5; IMPORTANT...="- Replace 99 with your broker GMTOffSet below or Optimize -4 to 8 -"; GMTOffset...="- Examples: IBFX = 0, Alpari US = 2, FXDD = 3 - "; GMTOffSet=2; Risk..="-Use PercentRisk Enter 0 in Lots. Default 3 = 3% - Max 10% -"; PercentRisk=10; Lot..="-Use Lots Enter 0 in PercentRisk. Default 0.1 - Max 1 lot -"; Lots=0; StopLoss=93; TrailingStopPips..="- Default = 15. MAX Value 21 -"; TrailingStopPips=11; MaxLossNote..="- Default = 0.01 to 0.70 EX:PercentRisk of (3) - 0.50 = -2.5 MaxPercentLoss -"; MaxPercentLoss=-10; Entry.Exit.Filter1..="- Off When false, Default = true. Values 3 to 6 -"; UseFilter1=true; Filter1Smoothing=4; Entry.Exit.Filter2..="- Filter 2 available in ForexPIPZen Standard -"; Lock.Pips.Filter1.="- Off When false, Default = false -"; LockPipsEnabled=false; LockPipsThreshold=9; LockPips=3; TakeProfit.="- TP5 Take Profit Value Limited to < 21 In ForexPIPZen Standard -"; TP5=19;
Bars in test
13013
Ticks modelled
14586788
Modelling quality
90.00%
Mismatched charts errors
1
Initial deposit
50000.00
Total net profit
73336.54
Gross profit
122413.00
Gross loss
-49076.46
Profit factor
2.49
Expected payoff
71.90
Absolute drawdown
4059.00
Maximal drawdown
15121.00 (16.04%)
Relative drawdown
16.04% (15121.00)
Total trades
1020
Short positions (won %)
540 (96.30%)
Long positions (won %)
480 (94.38%)
Profit trades (% of total)
973 (95.39%)
Loss trades (% of total)
47 (4.61%)
Largest
profit trade
494.00
loss trade
-2050.40
pipzen@forexpipzen.com for more details
1. Minimal human intervention.
2. Risk management setting are adjustable but preferred risk is 3% to 5% of your balance.
3. ForexPIPZen will prompt you to place EA with the correct currency and time frame
4. ForexPIPZen emails trades transactions to you email account (open and closes)
5. ForexPIPZen informs you it is ON via email.
6. Opens up to 5 trades per transaction and manages those trades with stop loss and trailing stop loss. *
7. Optimized internally to reduce drawdowns.
8. High Percent of Successful trades > 85% in back tests.
9. EA designed for low Maximal and Relative drawdown.
10. Additional Break Even and Maximum Percent Loss features
11. Installs Quickly with setup file
12. Work on 4 and 5 decimal brokers!
13. ForexPIPZen and ForexPIPZen LITE are licensed and secured EAs with limited licenses available.
Download a free trial here No Credit card on signup needed
look on the left side and enter your email under "Trial Key" there should immediately be a key in the inbox of your email address.


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