The vendor asserts that he created PipFinite EA Trend PRO to make trading more convenient and precise for users. The EA is also flexible and enables the trader to choose their preferred combination of settings. So, what more can traders expect from this system? The developer promises to increase more features and filters to make their trading experience profitable.
PipFinite EA Trend Pro is currently retailing at $198. If you want to rent it instead, you can do so for 1 month at a price of $98. Alternatively, you can part with $158 and get to rent it for a full year.
PipFinite EA Trend PRO trading strategy
The vendor has not gotten down to the nitty-gritty of the EA’s strategy. However, as we assessed the trading results, we noted that the grid strategy is present. Everyone knows how risky this method is. Many accounts have been ruined by it.
PipFinite EA Trend PRO features
The EA has the following features:
- Dynamic Stoploss and Takeprofit options.
- Automatic money management options.
- The least amount needed to trade is $50.
- Built in entry and exit filters.
- Built-in indicator algorithm.
- Martingale option.
- Works with any time frame and financial instrument including cryptocurrencies, Forex, metals, indices, and stocks.
- Fully customized settings to fit the desired trading approach.
- News filter to prevent uncertain market moves.
- Pop-up, email, and push notification alerts.
- Breakeven options.
PipFinite EA Trend PRO backtesting results
According to the info available on the mql5 website, this EA was tested between 2015 and 2017. During this period, it applied the EURUSD symbol and worked on the 1 hour time frame. A deposit of $2,000 was placed and 497 trades were done. The resulting total net profit was $6,317.82.
The performance of the short positions (63.52%) and that of the long positions (57.95%) was beyond disappointing. The profit factor was 1.51. We also realized that the account’s risk of ruin was elevated by the high drawdown of 31.73%.
PipFinite EA Trend PRO live trading results
There are no trading results on myfxbook.com. We suspect that the previous trading account was ruined by the robot and that was the reason the devs decided to delete it from the site to hide the information about the system’s unreliability.
This is how the robot traded in the past. As you can see, there is nothing to talk about.
PipFinite EA Trend PRO reputation
PipFinite EA Trend PRO is the handiwork of Karlo Wilson Vendiola, a developer based in the Philippines. According to his profile, he has 7+ years experience and a total of 20 products in his portfolio. Some of his other systems include PipFinite EA Breakout Edge, PipFinite Sequence EA, and PipFinite Trend Grid EA.
User reviews
Six customers have provided their testimonials about this EA on mql5 market place. Many of them are positive. Since the feedback has not been verified by a third-party, we do not know how honest they are. Therefore, we have no choice but to ignore them.
PipFinite EA Trend PRO review summary
- Strategy – 4/10
- Functionality & Features – 5/10
- Trading results – 4/10
- Reliability – 3/10
- Pricing – 4/10
The backtest data and trading results have shown that PipFinite EA Trend PRO is not that profitable. The drawdown is also high and we expect it to rise due to the grid strategy being implemented. We also suspect that martingale is on board and that is why the vendor is reluctant to reveal the information on lot sizes traded. He does not want traders to see how the EA gambles with their investments. To that end, we ask you to shun this system.
