Million Dollar Pips Robot is a commercial Expert Advisor. Its price is $147. The software was developed by Million Dollar Pips. Million Dollar Pips Robot works with EURUSD on M1 timeframe with deposits starting from $100 and leverage 100:1. The advisor's profit factor is 1.9, while the average yearly drawdown is only around 7%. Million Dollar Pips Robot is a completely automated money-generating powerhouse.
The most remarkable thing in the advisor is an ultimately tight stop-loss to protect a trader's deposit. The advisor applies scalping strategy with the simultaneous usage of an indicator/price combination. The robot scalps small breakouts based on trailing techniques. It can place a number of trades simultaneously. Hedging is not allowed in in the advisor so it is NFA compliant.
The Forex market is just too big. No matter how many people run the software at the same time, we won't decrease it's effectiveness. Trillions of dollars are traded daily, thus sharing this software has no negative impact on my earnings whatsoever. And just so you know how dead serious I am, pay close attention. The sales revenue from this software goes right into my Forex investment account and gets multiplied over and over again by the software. That's right. I literally put the money where my mouth is.
Million Dollar Pips is programmed to trade on the 1M chart. It has an extremely tight stop loss to protect your investment. It uses a simple combination of an indicator and price action to detect and scalp mini breakouts using machine speed with smart trailing techniques. Million Dollar Pips has an excellent profit rate, plus very high number of trades, it uses risk diffusion.
| Million Dollar Pips Robot EA Rating | 6.5 |
| Yield per annum | 47.35% |
| Max drawdown per annum | 27.39% |
| Developer | Million Dollar Pips |
| Created, year | 2015 |
| Free | |
| Price | $147 |
| Class | middle term |
| Type | trend |
| Lot size | not less than 1000 units per 0.1 of a standard lot |
| Deposit | $100 |
| Leverage | 100 |
| Timeframes | M1 |
| Strategies | own strategy |
| Indicators | non-indicator |
| Recommended brokers | XM, FXCC, Libertex |
| Trading tool/currency pairs | EURUSD |
| Automatic account type | |
| Indicating | |
| Multiple usage | |
| Mini deposits | |
| Max risk limitation | |
| ECN | |
| NDD | |
| Several one-way series | |
| Auto start lot | |
| Fixed stop loss | |
| Fixed takeprofit | |
| Automatic lapse expansions |
Forex EAs 2024
| Forex Advisor | Deposit | Yield | |
| 1 | EcoTrade Forex Robot | $100 | 15% |
| 2 | ScalperX | $500 | 40% |
| 3 | FXCipher | $300 | 10% |
| 4 | CarinaBot | $100 | 52.32% |
| 5 | Fortnite | $500 | 135% |
| 6 | Tickeron AI robot | $100 | 117% |
| 7 | Learn2Trade | $1000 | 160% |
| 8 | Auto Recovery EA | $100 | 37% |
| 9 | Coinrule | $1000 | 270% |
| 10 | Forex Trendy | $250 | 90% |
| 11 | FX BlasterPRO | $1000 | 180% |
| 12 | Waka Waka | $100 | 74% |
| 13 | Renko EA | $100 | 41% |
| 14 | EliteFxgo | $1000 | 30% |
| 15 | Stairsteps EA | $100 | 29% |
| 16 | 1000pip Climber System | $500 | 77.3% |
| 17 | Happy Breakout EA | $100 | 8.5% |
| 18 | Happy Galaxy EA | $2000 | 5% |
| 19 | Happy Neuron EA | $5000 | 5% |
| 20 | Golden Pickaxe | $100 | 19.39% |
| 21 | EA Builder | $1000 | 119.8% |
| 22 | Perceptrader AI | $100 | 10% |
| 23 | Evening Scalper Pro | $100 | 78.84% |
| 24 | Odin Forex Robot | $2000 | 57% |
| 25 | Night Hunter Pro | $100 | 71% |
Choosing a regulated broker is not just a matter of preference; it is a necessity for safeguarding your investments and ensuring that you trade in a fair and secure environment.
This article explores the benefits and risks associated with using Forex Expert Advisors, providing insights into how traders can maximize their potential while mitigating potential downsides.
By prioritizing factors such as overall rating, regulatory compliance, trading conditions and platform reliability traders can make an informed decision that aligns with their trading needs and aspirations, setting the stage for a potentially prosperous trading journey.
An annual roundup reviewing the most successful Forex Expert Advisors (EAs) based on their performance, strategies employed, reliability, and user feedback. This piece would provide insights into which EAs have been market leaders and why.
The concept of automated trading has been around for decades, but the accessibility and sophistication of Forex EAs have seen significant advancements in the past few years. Initially, automated trading systems were rudimentary, focusing on simple indicators like moving averages.
Expert Advisors (EAs) Rating features high-quality Free and paid Forex EA most popular on the market today.
© 2006-2024 Forex-Ratings.com
The usage of this website constitutes acceptance of the following legal information.
Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. All the information featured on the website (reviews, brokers' news, comments, analysis, quotes, forecasts or other information materials provided by Forex Ratings, as well as information provided by the partners), including graphical information about the forex companies, brokers and dealing desks, is intended solely for informational purposes, is not a means of advertising them, and doesn't imply direct instructions for investing. Forex Ratings shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about the forex companies. The entire responsibility for the contents rests with the commentators. Reprint of the materials is available only with the permission of the editorial staff.
We use cookies to improve your experience and to make your stay with us more comfortable. By using Forex-Ratings.com website you agree to the cookies policy.
