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Expert Advisor
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Visit PipJet Robot Website

Trading Idea

PipJet Robot is an Asian session scalping.

Specifications

NFA compliance

Yes (with switch).

Refund policy

60 days.

License

1 live account.

Note

The core of this EA is the same as Forex Megadroid for a different pair.

Supported Currency Pairs

USDCAD

MetaTrader Chart Timeframe

H1
About
Last Reviewed On Mon, 23 Dec 2013

Backtests

PipJet v1.0 USDCAD 2007-2012 tick data backtest, spread 2.0, risk percent 2.0, recovery mode disabled

Dukascopy tick data, spread 2.0

The Forex robot GMT offset parameter was set to 0 in all the following tick data backtests as on creating the FXT files a GMT offset of 0 was used with no DST, in addition to that no commission was used in any of the backtests.

View Full Backtest

Backtests Settings

Symbol
USDCAD (US Dollar vs Canadian Dollar)
Period
1 Hour (H1) 2007.03.30 16:01 - 2012.06.28 23:59
Broker
Model
Every tick (the most precise method based on all available least timeframes)
Parameters
Ver.1.00=""; _1="System Parameters"; Stealth=false; Aggressive=true; GmtOffset=0; NFA=false; AutoLocalGmtOffset=false; AutoServerGmtOffset=false; S1_Reference=74123; S2_Reference=32147; ReceiptCode=""; _2="Comment Position"; TopPadding=30; LeftPadding=20; TextColor1=Orange; TextColor2=Orange; TextColor3=100,100,255; _3="Strategy Parameters"; RemoteSafetyMode=true; Slippage=3; SendEmails=false; OrderComments=""; _4="Order Management"; LotSize=0.1; _5="Ratio Order Management"; RiskLevel=0.2; RecoveryMode=false;
Bars in test
32782
Ticks modelled
29970700
Modelling quality
99.00%
Initial Deposit
$1000.00
Spread

Backtests Results

Total net profit
16096768.59
Gross profit
17489329.71
Gross loss
-1392561.11
Profit factor
12.56
Expected payoff
10825.00
Absolute Bal DD
31.25
Maximal Bal DD
1329066.87 (12.61%)
Relative Bal DD
43.42% (972.12)
Total Trades
1487
Short positions (won %)
782 (98.59%)
Long positions (won %)
705 (91.91%)
Profit trades (% of total)
1419 (95.43%)
Loss trades (% of total)
68 (4.57%)
Largest Profit trade
104253.54
Largest Loss trade
-389460.45
Average Profit trade
12325.11
Average Loss trade
-20478.84
Maximum consecutive wins (profit in money)
158 (22631.28)
Maximum consecutive losses (loss in money)
2 (-186364.10)
Maximal consecutive profit (count of wins)
3580400.67 (79)
Maximal consecutive loss (count of losses)
-389460.45 (1)
Avarage consecutive wins
27
Avarage consecutive losses
1
Official Website

PipJet v1.0 USDCAD 2007-2012 tick data backtest, spread 2.0, risk percent 2.0, recovery mode enabled

View Full Backtest

Backtests Settings

Symbol
USDCAD (US Dollar vs Canadian Dollar)
Period
1 Hour (H1) 2007.03.30 16:01 - 2012.06.28 23:59
Broker
Model
Every tick (the most precise method based on all available least timeframes)
Parameters
Ver.1.00=""; _1="System Parameters"; Stealth=false; Aggressive=true; GmtOffset=0; NFA=false; AutoLocalGmtOffset=false; AutoServerGmtOffset=false; S1_Reference=74123; S2_Reference=32147; ReceiptCode=""; _2="Comment Position"; TopPadding=30; LeftPadding=20; TextColor1=Orange; TextColor2=Orange; TextColor3=100,100,255; _3="Strategy Parameters"; RemoteSafetyMode=true; Slippage=3; SendEmails=false; OrderComments=""; _4="Order Management"; LotSize=0.1; _5="Ratio Order Management"; RiskLevel=0.2; RecoveryMode=true;
Bars in test
32782
Ticks modelled
29970700
Modelling quality
99.00%
Initial Deposit
$1000.00
Spread

Backtests Results

Total net profit
19905661.30
Gross profit
22533849.74
Gross loss
-2628188.44
Profit factor
8.57
Expected payoff
13386.46
Absolute Bal DD
147.46
Maximal Bal DD
1329066.87 (9.26%)
Relative Bal DD
61.92% (1386.47)
Total Trades
1487
Short positions (won %)
782 (98.59%)
Long positions (won %)
705 (91.91%)
Profit trades (% of total)
1419 (95.43%)
Loss trades (% of total)
68 (4.57%)
Largest Profit trade
105198.93
Largest Loss trade
-620752.75
Average Profit trade
15880.09
Average Loss trade
-38649.83
Maximum consecutive wins (profit in money)
158 (30345.97)
Maximum consecutive losses (loss in money)
2 (-249886.72)
Maximal consecutive profit (count of wins)
3580400.67 (79)
Maximal consecutive loss (count of losses)
-620752.75 (1)
Avarage consecutive wins
27
Avarage consecutive losses
1
Official Website

PipJet v1.0 USDCAD 2007-2012 tick data backtest, spread 3.0, risk percent 2.0, recovery mode disabled

Dukascopy tick data, spread 3.0

View Full Backtest

Backtests Settings

Symbol
USDCAD (US Dollar vs Canadian Dollar)
Period
1 Hour (H1) 2007.03.30 16:01 - 2012.06.28 23:59
Broker
Model
Every tick (the most precise method based on all available least timeframes)
Parameters
Ver.1.00=""; _1="System Parameters"; Stealth=false; Aggressive=true; GmtOffset=0; NFA=false; AutoLocalGmtOffset=false; AutoServerGmtOffset=false; S1_Reference=74123; S2_Reference=32147; ReceiptCode=""; _2="Comment Position"; TopPadding=30; LeftPadding=20; TextColor1=Orange; TextColor2=Orange; TextColor3=100,100,255; _3="Strategy Parameters"; RemoteSafetyMode=true; Slippage=3; SendEmails=false; OrderComments=""; _4="Order Management"; LotSize=0.1; _5="Ratio Order Management"; RiskLevel=0.2; RecoveryMode=false;
Bars in test
32782
Ticks modelled
29970700
Modelling quality
99.00%
Initial Deposit
$1000.00
Spread

Backtests Results

Total net profit
2961981.47
Gross profit
3567293.81
Gross loss
-605312.34
Profit factor
5.89
Expected payoff
2228.73
Absolute Bal DD
34.36
Maximal Bal DD
372767.86 (23.42%)
Relative Bal DD
41.42% (135618.58)
Total Trades
1329
Short positions (won %)
761 (98.03%)
Long positions (won %)
568 (91.55%)
Profit trades (% of total)
1266 (95.26%)
Loss trades (% of total)
63 (4.74%)
Largest Profit trade
56706.08
Largest Loss trade
-213302.03
Average Profit trade
2817.77
Average Loss trade
-9608.13
Maximum consecutive wins (profit in money)
115 (8000.30)
Maximum consecutive losses (loss in money)
3 (-652.60)
Maximal consecutive profit (count of wins)
708034.93 (59)
Maximal consecutive loss (count of losses)
-213302.03 (1)
Avarage consecutive wins
24
Avarage consecutive losses
1
Official Website

PipJet v1.0 USDCAD 2007-2012 tick data backtest, spread 3.0, risk percent 2.0, recovery mode enabled

View Full Backtest

Backtests Settings

Symbol
USDCAD (US Dollar vs Canadian Dollar)
Period
1 Hour (H1) 2007.03.30 16:01 - 2012.06.28 23:59
Broker
Model
Every tick (the most precise method based on all available least timeframes)
Parameters
Ver.1.00=""; _1="System Parameters"; Stealth=false; Aggressive=true; GmtOffset=0; NFA=false; AutoLocalGmtOffset=false; AutoServerGmtOffset=false; S1_Reference=74123; S2_Reference=32147; ReceiptCode=""; _2="Comment Position"; TopPadding=30; LeftPadding=20; TextColor1=Orange; TextColor2=Orange; TextColor3=100,100,255; _3="Strategy Parameters"; RemoteSafetyMode=true; Slippage=3; SendEmails=false; OrderComments=""; _4="Order Management"; LotSize=0.1; _5="Ratio Order Management"; RiskLevel=0.2; RecoveryMode=true;
Bars in test
32782
Ticks modelled
29970700
Modelling quality
99.00%
Initial Deposit
$1000.00
Spread

Backtests Results

Total net profit
6692438.72
Gross profit
8014178.09
Gross loss
-1321739.37
Profit factor
6.06
Expected payoff
5035.70
Absolute Bal DD
153.62
Maximal Bal DD
828758.39 (23.42%)
Relative Bal DD
57.79% (1158.88)
Total Trades
1329
Short positions (won %)
761 (98.03%)
Long positions (won %)
568 (91.55%)
Profit trades (% of total)
1266 (95.26%)
Loss trades (% of total)
63 (4.74%)
Largest Profit trade
97557.17
Largest Loss trade
-474221.43
Average Profit trade
6330.31
Average Loss trade
-20979.99
Maximum consecutive wins (profit in money)
115 (9948.07)
Maximum consecutive losses (loss in money)
3 (-914.42)
Maximal consecutive profit (count of wins)
1826326.73 (59)
Maximal consecutive loss (count of losses)
-474221.43 (1)
Avarage consecutive wins
24
Avarage consecutive losses
1
Official Website

PipJet v1.0 USDCAD 2007-2012 tick data backtest, real spread, risk percent 2.0, recovery mode disabled

Dukascopy tick data, real spread

View Full Backtest

Backtests Settings

Symbol
USDCAD (US Dollar vs Canadian Dollar)
Period
1 Hour (H1) 2007.03.30 16:01 - 2012.06.28 23:59
Broker
Model
Every tick (the most precise method based on all available least timeframes)
Parameters
Ver.1.00=""; _1="System Parameters"; Stealth=false; Aggressive=true; GmtOffset=0; NFA=false; AutoLocalGmtOffset=false; AutoServerGmtOffset=false; S1_Reference=74123; S2_Reference=32147; ReceiptCode=""; _2="Comment Position"; TopPadding=30; LeftPadding=20; TextColor1=Orange; TextColor2=Orange; TextColor3=100,100,255; _3="Strategy Parameters"; RemoteSafetyMode=true; Slippage=3; SendEmails=false; OrderComments=""; _4="Order Management"; LotSize=0.1; _5="Ratio Order Management"; RiskLevel=0.2; RecoveryMode=false;
Bars in test
32782
Ticks modelled
43094813
Modelling quality
99.00%
Initial Deposit
$1000.00
Spread

Backtests Results

Total net profit
296068.47
Gross profit
342842.37
Gross loss
-46773.90
Profit factor
7.33
Expected payoff
252.62
Absolute Bal DD
69.18
Maximal Bal DD
34874.68 (23.50%)
Relative Bal DD
39.93% (798.42)
Total Trades
1172
Short positions (won %)
750 (98.13%)
Long positions (won %)
422 (87.68%)
Profit trades (% of total)
1106 (94.37%)
Loss trades (% of total)
66 (5.63%)
Largest Profit trade
5685.68
Largest Loss trade
-10413.84
Average Profit trade
309.98
Average Loss trade
-708.70
Maximum consecutive wins (profit in money)
64 (71761.05)
Maximum consecutive losses (loss in money)
3 (-644.09)
Maximal consecutive profit (count of wins)
71761.05 (64)
Maximal consecutive loss (count of losses)
-10413.84 (1)
Avarage consecutive wins
20
Avarage consecutive losses
1
Official Website

PipJet v1.0 USDCAD 2007-2012 tick data backtest, real spread, risk percent 2.0, recovery mode enabled

View Full Backtest

Backtests Settings

Symbol
USDCAD (US Dollar vs Canadian Dollar)
Period
1 Hour (H1) 2007.03.30 16:01 - 2012.06.28 23:59
Broker
Model
Every tick (the most precise method based on all available least timeframes)
Parameters
Ver.1.00=""; _1="System Parameters"; Stealth=false; Aggressive=true; GmtOffset=0; NFA=false; AutoLocalGmtOffset=false; AutoServerGmtOffset=false; S1_Reference=74123; S2_Reference=32147; ReceiptCode=""; _2="Comment Position"; TopPadding=30; LeftPadding=20; TextColor1=Orange; TextColor2=Orange; TextColor3=100,100,255; _3="Strategy Parameters"; RemoteSafetyMode=true; Slippage=3; SendEmails=false; OrderComments=""; _4="Order Management"; LotSize=0.1; _5="Ratio Order Management"; RiskLevel=0.2; RecoveryMode=true;
Bars in test
32782
Ticks modelled
43094813
Modelling quality
99.00%
Initial Deposit
$1000.00
Spread

Backtests Results

Total net profit
658290.28
Gross profit
780732.21
Gross loss
-122441.93
Profit factor
6.38
Expected payoff
561.68
Absolute Bal DD
147.10
Maximal Bal DD
77391.51 (23.50%)
Relative Bal DD
57.34% (1146.49)
Total Trades
1172
Short positions (won %)
750 (98.13%)
Long positions (won %)
422 (87.68%)
Profit trades (% of total)
1106 (94.37%)
Loss trades (% of total)
66 (5.63%)
Largest Profit trade
12618.17
Largest Loss trade
-20444.08
Average Profit trade
705.91
Average Loss trade
-1855.18
Maximum consecutive wins (profit in money)
64 (159249.83)
Maximum consecutive losses (loss in money)
3 (-903.98)
Maximal consecutive profit (count of wins)
159249.83 (64)
Maximal consecutive loss (count of losses)
-22199.10 (2)
Avarage consecutive wins
20
Avarage consecutive losses
1
Official Website

PipJet v1.0 USDCAD 2007-2012 tick data backtest, real spread, risk percent 2.0, recovery mode disabled, aggressive disabled

View Full Backtest

Backtests Settings

Symbol
USDCAD (US Dollar vs Canadian Dollar)
Period
1 Hour (H1) 2007.03.30 16:01 - 2012.06.28 23:59
Broker
Model
Every tick (the most precise method based on all available least timeframes)
Parameters
Ver.1.00=""; _1="System Parameters"; Stealth=false; Aggressive=false; GmtOffset=0; NFA=false; AutoLocalGmtOffset=false; AutoServerGmtOffset=false; S1_Reference=74123; S2_Reference=32147; ReceiptCode=""; _2="Comment Position"; TopPadding=30; LeftPadding=20; TextColor1=Orange; TextColor2=Orange; TextColor3=100,100,255; _3="Strategy Parameters"; RemoteSafetyMode=true; Slippage=3; SendEmails=false; OrderComments=""; _4="Order Management"; LotSize=0.1; _5="Ratio Order Management"; RiskLevel=0.2; RecoveryMode=false;
Bars in test
32782
Ticks modelled
43094813
Modelling quality
99.00%
Initial Deposit
$1000.00
Spread

Backtests Results

Total net profit
18015.92
Gross profit
24054.02
Gross loss
-6038.10
Profit factor
3.98
Expected payoff
25.74
Absolute Bal DD
31.88
Maximal Bal DD
1717.47 (13.38%)
Relative Bal DD
27.96% (943.62)
Total Trades
700
Short positions (won %)
382 (97.91%)
Long positions (won %)
318 (85.85%)
Profit trades (% of total)
647 (92.43%)
Loss trades (% of total)
53 (7.57%)
Largest Profit trade
183.85
Largest Loss trade
-823.00
Average Profit trade
37.18
Average Loss trade
-113.93
Maximum consecutive wins (profit in money)
46 (508.23)
Maximum consecutive losses (loss in money)
2 (-315.39)
Maximal consecutive profit (count of wins)
3964.11 (39)
Maximal consecutive loss (count of losses)
-823.00 (1)
Avarage consecutive wins
13
Avarage consecutive losses
1
Official Website

PipJet v1.0 USDCAD 1999-2012 history center data backtest, spread 2.0, risk percent 0.2, recovery mode disabled

History center data, spread 2.0

The Forex robot GMT was set to 1 as the GMT offset of the data is +1 (+2 DST).

View Full Backtest

Backtests Settings

Symbol
USDCAD (US Dollar vs Canadian Dollar)
Period
1 Hour (H1) 1999.01.04 08:00 - 2012.06.27 23:00 (1999.01.01 - 2012.06.28)
Broker
Model
Every tick (the most precise method based on all available least timeframes)
Parameters
Ver.1.00=""; _1="System Parameters"; Stealth=false; Aggressive=true; GmtOffset=1; NFA=false; AutoLocalGmtOffset=false; AutoServerGmtOffset=false; S1_Reference=74123; S2_Reference=32147; ReceiptCode=""; _2="Comment Position"; TopPadding=30; LeftPadding=20; TextColor1=Orange; TextColor2=Orange; TextColor3=100,100,255; _3="Strategy Parameters"; RemoteSafetyMode=true; Slippage=3; SendEmails=false; OrderComments=""; _4="Order Management"; LotSize=0.1; _5="Ratio Order Management"; RiskLevel=0.05; RecoveryMode=false;
Bars in test
84679
Ticks modelled
46671367
Modelling quality
90.00%
Initial Deposit
$1000.00
Spread

Backtests Results

Total net profit
2488085.41
Gross profit
3658314.99
Gross loss
-1170229.58
Profit factor
3.13
Expected payoff
543.01
Absolute Bal DD
10.08
Maximal Bal DD
162503.65 (10.34%)
Relative Bal DD
17.90% (84261.34)
Total Trades
4582
Short positions (won %)
2462 (98.66%)
Long positions (won %)
2120 (92.74%)
Profit trades (% of total)
4395 (95.92%)
Loss trades (% of total)
187 (4.08%)
Largest Profit trade
11897.83
Largest Loss trade
-106356.75
Average Profit trade
832.38
Average Loss trade
-6257.91
Maximum consecutive wins (profit in money)
449 (27684.92)
Maximum consecutive losses (loss in money)
3 (-106779.99)
Maximal consecutive profit (count of wins)
246463.27 (55)
Maximal consecutive loss (count of losses)
-132120.05 (2)
Avarage consecutive wins
30
Avarage consecutive losses
1
Official Website

PipJet v1.0 USDCAD 1999-2012 history center data backtest, spread 2.0, risk percent 0.2, recovery mode enabled

View Full Backtest

Backtests Settings

Symbol
USDCAD (US Dollar vs Canadian Dollar)
Period
1 Hour (H1) 1999.01.04 08:00 - 2012.06.27 23:00 (1999.01.01 - 2012.06.28)
Broker
Model
Every tick (the most precise method based on all available least timeframes)
Parameters
Ver.1.00=""; _1="System Parameters"; Stealth=false; Aggressive=true; GmtOffset=1; NFA=false; AutoLocalGmtOffset=false; AutoServerGmtOffset=false; S1_Reference=74123; S2_Reference=32147; ReceiptCode=""; _2="Comment Position"; TopPadding=30; LeftPadding=20; TextColor1=Orange; TextColor2=Orange; TextColor3=100,100,255; _3="Strategy Parameters"; RemoteSafetyMode=true; Slippage=3; SendEmails=false; OrderComments=""; _4="Order Management"; LotSize=0.1; _5="Ratio Order Management"; RiskLevel=0.05; RecoveryMode=true;
Bars in test
84679
Ticks modelled
46671367
Modelling quality
90.00%
Initial Deposit
$1000.00
Spread

Backtests Results

Total net profit
5721210.00
Gross profit
8639869.85
Gross loss
-2918659.85
Profit factor
2.96
Expected payoff
1248.63
Absolute Bal DD
10.08
Maximal Bal DD
586484.04 (17.49%)
Relative Bal DD
25.58% (180448.93)
Total Trades
4582
Short positions (won %)
2462 (98.66%)
Long positions (won %)
2120 (92.78%)
Profit trades (% of total)
4396 (95.94%)
Loss trades (% of total)
186 (4.06%)
Largest Profit trade
52101.85
Largest Loss trade
-300007.65
Average Profit trade
1965.39
Average Loss trade
-15691.72
Maximum consecutive wins (profit in money)
449 (35233.96)
Maximum consecutive losses (loss in money)
3 (-448280.04)
Maximal consecutive profit (count of wins)
540963.74 (55)
Maximal consecutive loss (count of losses)
-448280.04 (3)
Avarage consecutive wins
31
Avarage consecutive losses
1
Official Website
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Tags

Valery Trading Tickmill FXAutomater WallStreet Forex Robot 3.0 Domination Tick Data Suite IC Markets FBS Algocrat AI HFM Broker Volatility Factor Pro XM Waka Waka RoboForex Perceptrader AI Forex Diamond Traders Academy Club InstaForex Alpari GPS Forex Robot StrategyQuant X Forex Combo System GrandCapital Forex Trend Detector Telegram Signal Copier Omega Trend FX Scalper SMRT Algo Broker Arbitrage Golden Pickaxe IronFX AMarkets FXVM Binance Quant Analyzer FxPro Forex Gold Investor TradingFX VPS RayBOT ForexSignals.com ACY Securities AlgoWizard ForexTime News Scope EA PRO Pump Trader Robot FX Choice Smart Scalper PRO BlackBull Markets FXCharger Commercial Network Services Libertex LeapFX Trading Academy FX-Builder Gold Scalper PRO Quant Data Manager Forex VPS Happy Bitcoin Magnetic Exchange MTeletool Telegram Copier FX Secret Club Forex Robot Academy Swing Trader PRO Forex Robot Factory (Expert Advisor Generator) Evening Scalper PRO VPS Forex Trader QHoster Happy Forex Vortex Trader PRO Best Free Scalper Pro IV Markets EGPForex

Risk

Forex trading can involve the risk of loss beyond your initial deposit. It is not suitable for all investors and you should make sure you understand the risks involved, seeking independent advice if necessary.

Forex accounts typically offer various degrees of leverage and their elevated profit potential is counterbalanced by an equally high level of risk. You should never risk more than you are prepared to lose and you should carefully take into consideration your trading experience.

Past performance and simulated results are not necessarily indicative of future performance. All the content on this site represents the sole opinion of the author and does not constitute an express recommendation to purchase any of the products described in its pages.