5Pip Tsl Forex Robot

The 5Pip Tsl Forex Robot brings a scalping engine that targets small intraday moves on the M1 to M15 timeframes to your MetaTrader terminal as a fully automated Expert Advisor. Trades open, manage themselves, and close automatically once you set the parameters. You do not need to babysit the terminal.

What the 5Pip Tsl Forex Robot does

Built for traders who want to scale their strategy without spending more time in front of the terminal. Set the rules, let the EA do the work.

Key features

• Tight execution loop targeting 5 to 20-pip moves
• Fixed-lot or percent-of-equity position sizing
• Dynamic stop loss sized off recent ATR
• Drawdown-pause logic that flattens and locks the EA on breach
• Slippage cap and partial-close logic for fast exits

Before you deploy: Pair the 5Pip Tsl Forex Robot with a low-latency VPS and a regulated broker for the most consistent results.

Frequently asked questions

How does the 5Pip Tsl Forex Robot work?

The 5Pip Tsl Forex Robot is a Forex Expert Advisor that runs on MetaTrader 4. It opens and closes positions within minutes, targeting 5 to 20-pip gains on the M1 through M15 timeframes, with a spread filter that pauses trading when broker spreads widen.

Is the 5Pip Tsl Forex Robot safe for prop firm challenges?

Most rule-based Expert Advisors on AutoPipShop are safe for prop firm challenges as long as you use conservative per-trade risk (0.5 to 1 percent) and respect the firm specific daily-loss and drawdown rules. Always read the prop firm rules and forward-test on a demo before risking the evaluation fee.

Do I need programming knowledge to use the 5Pip Tsl Forex Robot?

No. The 5Pip Tsl Forex Robot ships as a compiled .ex4 or .ex5 file. You copy it into your MetaTrader 4 (MQL4/Experts) folder, restart the platform, and drag it onto a chart. Configure the parameters in the dialog box. No code editing required.

What platform does the 5Pip Tsl Forex Robot run on?

The 5Pip Tsl Forex Robot runs on MetaTrader 4 (MT4) on any regulated broker that supports Expert Advisors. An MT5 build is not currently available; check the AutoPipShop notification list to be alerted when MT5 versions are released. A VPS is recommended for stable 24-hour execution.

What account size do I need for the 5Pip Tsl Forex Robot?

Most EAs on AutoPipShop are designed to run on accounts of $500 or more. Smaller accounts work with 0.01 lot sizes and conservative risk-per-trade settings, but commission costs and broker minimums may make accounts under $200 impractical. Always check the EA documentation for the recommended minimum balance.