EA Pip Scalper & Default Settings Issues
If you have not yet heard of the EA Pip Scalper Forex autobot, you really have no idea what you are missing out on. This is one of the newest and highest performing automated Forex trading systems out there. It may only be slightly over a month old, but in that short time, it has managed to garner an amazing reputation. Everybody who has used this software so far has had mostly only good things to say about it.
People seem to agree with the fact that the EA Pip Scalper app is by far one of the simplest and most user friendly apps around. The fact that it trades all Forex currency pairs on all timeframes, automatically, without you having to do any work, is of course awesome. There is also the simple fact that this software actually performs really well. If you use it properly, you stand to gain several thousand dollars in profits per day.
Now, this is not to say that this automated Forex trading bot is not without a few small issues, but that said, they are nothing major. One of the issues that people seem to be having is in relation to the optimization feature and the default settings. Apparently, once people mess with the settings to perform optimization, they cannot change them back to the default settings. Ok, to be fair, this is in no way the fault of the EA Pip Scalper app or the MetaTrader platform.
Unfortunately, some people may just not understand the full functionality of the EA Scalper combined with the MetaTrader app. However, this is really no big deal. If you don’t know how to revert your software back to the default trading settings, read this article and watch the embedded videos. Today we will teach you how to revert the EA Pip Scalper back to its original default settings, so you can get back to trading FX profitably.
Optimization with MetaTrader 4 and MetaTrader 5
Something that we do want to note is that the optimization feature on MetaTrader 4 does not seem to work nearly as well as it does on MetaTrader 5. Moreover, if you do change some of the settings on MT4, they are also harder to change back than if you were using MT5.
Reverting the EA Pip Scalper Back to Default Settings
Alright, so if you managed to mess up the functionality of your copy of the EA Pip Scalper app by changing the settings, particularly for the optimizer, you have probably begun losing trades, that or the optimizer doesn’t work anymore.
This is actually a common problem, especially if you manually changed some of the settings and now cannot remember what the default settings were. Luckily, both for MT4 and MT5, there are some easy ways to revert back to the default settings.
For MetaTrader 4
- Within the MetaTrader 4 trading platform, go to the optimization feature of the EA Scalper, and make sure that the EA Pip Scalper Bot is selected, and then select the currency pair you want optimized (whichever one you want)
- Make sure that the timeframe is set to H1, and ensure that the spread is set to 5.
- On the right, click on the “expert properties” tab. If either you have changed some of the settings within the expert properties box, or the optimization fails to run, on the bottom right of that popup box, click on “reset”.
- All the settings should now be returned to the default settings. It’s actually quite simple as you can see.
For MetaTrader 5
- If you are using the MetaTrader 5 platform, go to the inputs tab, then right click on it, click on “default”. It’s as easy and fast as that.
- You may also change the settings back to default manually, but this of course requires you to know what the default settings were to begin with.
- For more info on how to do this, check out the video that we have included here.
Using EA Pip Scalper Custom Settings
Something else that we would recommend checking out are the various custom settings that you can apply to the EA Pip Scalper. Now, what is convenient about these custom settings is that you don’t actually have to change anything yourself, something that makes life easier.
These custom settings can be found on the official website. There is a “reports” section where you will see three files, each of which contain a different custom trading setup. The really cool part about all of this is that these custom settings are designed to optimize results based on your trading account balance.
The three custom settings files are for $100 Forex accounts, $1,000 Forex accounts, and $10,000 Forex accounts. What it comes down to here is that each of these setups is designed to allow for maximum profits and minimum risk based on your account balance.
Of course, the more money you have to trade with the better, but this doesn’t mean that you can’t grow a $100 account into a $10,000 account. If you are starting off small, we definitely recommend trying out the EA Pip Scalper’s custom settings.
EA Pip Scalper Settings – Final Thoughts
People, if you want to trade Forex profitably and easily, then this EA Pip Scalper app is a great way to do it. It literally does all of the hard work for you, and it is very reliable. Whether you want to use the default or the custom settings, they all perform quite well.
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