The developer indicates that the main reason for creating PipFinite EA Trend Pro was to make trading more convenient and precise for Forex traders. So, when you allow the EA to do all the hard work, you will supposedly not miss out on lucrative signals. However, we are not persuaded that these features make the system a viable option. Have a look at our PipFinite EA Trend Pro review to know why.
This Forex robot was created by a Filipino developer called Karlo Wilson Vendiola. He has more than 7 years of trading experience and 20 products under his brand. Karlo is affiliated to PipFinite, a company with almost zero reputation in Forex. The only thing known about it is that it creates automated tools for traders in this market. Details about its physical location, address, personnel, etc., are concealed.
The highlights of PipFinite EA Trend Pro
Below is a list of features, which the vendor is convinced, distinguishes the EA from others:
The vendor has made the EA flexible to allow you to choose settings that can work best for your trading style.
The system has an inbuilt indicator algorithm that helps it to identify profitable trading opportunities.
The developer has incorporated Stoploss and Takeprofit options into the EA, whose main aim is to decrease losses and increase profits, respectively.
Trading strategy of PipFinite EA Trend Pro
This EA relies on the algorithm inside the PipFinite Trend Pro indicator to trade. In essence, this indicator identifies the trend, filters out the noise in the market, and later provides entry and exit signals. PipFinite EA Trend Pro then uses these signals to initiate and close trades. The system can also trade using the martingale and grid strategies.
The inner workings of this robot were tested using the GBPUSD currency pair from 2019 onwards, but there is no info indicating when the test ended. Anyway, a deposit of $2000 was placed, and the system began trading on the H1 timeframe. A profit of $6320.81 and a drawdown of 12.32% were generated. From 224 trades, 57.72% of the short and 68.32% of the long positions were won. These stats, plus the profit factor, which is 1.75, tell us that the EA was not very profitable.
Trading results in real time
PipFinite EA Trend Pro does not have any live records on Myfxbook. The last time we checked, the system was running an account on this site, but it was not performing well. The developer must have deleted them to prevent traders from finding out that the program is not effective.
PipFinite EA Trend Pro price
You can get a real account copy at $198. Renting options are also available, and they allow you to use the product for a month at $98 or for a year at $158. Like many other EAs being sold on the MQL5, this system lacks a money-back guarantee.
You can contact the developer on mql5 by sending him an email ([email protected]). Alternatively, you can use the Telegram link available.
Are traders happy with PipFinite EA Trend Pro?
There are a total of 7 reviews on MQL5, and 5 of them are positive. Some of the happy customers imply that the EA is lucrative. However, one of the naysayers states that he backtested the system and the results were awful, but he is not sure about which settings to use to get better outcomes.
PipFinite EA Trend ProPipFinite EA Trend Pro
Customer Testimonials3/5 Neutral
- Customizable settings
- Poor risk/reward ratio
- Uses dangerous approaches
- Many inactive days
- No money-back guarantee