Pipfinite Breakout Edge

The Pipfinite Breakout Edge EA is a forex MetaTrader4 trading robot that uses the PipFinite Breakout Edge indicator to generate signals and execute trades. The EA is equipped with multiple filters, including entry/exit filters, custom indicator filters, higher timeframe filters, stop loss, take profit, breakeven, trailing stop, news filter, and more. These features enable traders to customize the EA based on their trading preferences.

In this review, we will take an in-depth look at the Pipfinite Breakout Edge EA, examining its strengths and weaknesses, as well as its settings. By the end of this review, readers will have a better understanding of whether the Pipfinite Breakout Edge EA is a suitable tool for their trading needs.

Pipfinite Breakout Edge Strategy

The Pipfinite Breakout Edge EA is an automated trading system that utilizes the PipFinite Breakout Edge indicator to generate signals and execute trades. This EA is equipped with multiple powerful features that allow traders to customize their trading strategy based on their preferences. The EA also includes additional filters such as MA, RSI, and MACD, allowing traders to filter out false signals and improve the accuracy of the trades.

Pipfinite Breakout Edge
Pipfinite Breakout Edge

One of the strengths of the Pipfinite Breakout Edge EA is its built-in Breakout EDGE indicator algorithm. This feature allows the EA to accurately identify potential breakouts in the market and execute trades accordingly. Additionally, the EA is equipped with multiple filters that can be individually enabled or disabled to enhance the accuracy of the trading signals.

These filters include Entry/Exit Filters, Custom Indicator Filters, Higher Timeframe Filter, and News Filter.


Another strength of the Pipfinite Breakout Edge EA is its automatic money management options. The EA allows traders to customize their Stoploss and Takeprofit options, partial closing of trades with custom percentage, Breakeven options, and Trailing Stop options to take advantage of the market. Additionally, the EA has a built-in Breakout EDGE Success Rate filter that helps traders make informed decisions when entering and exiting trades.

Despite its many strengths, the Pipfinite Breakout Edge EA has a few weaknesses. First, the EA is designed to work only with the PipFinite Breakout EDGE indicator. This means that traders who prefer to use other indicators may not find this EA suitable for their trading strategy. Additionally, the EA’s Martingale option can be risky if not used properly. This feature can lead to larger losses if the market does not move in the trader’s favor. To mitigate risks associated with using the Pipfinite Breakout Edge EA, traders can implement proper risk management techniques and test the EA on a demo account before using it on a live account.

Pipfinite Breakout Edge Features

  • Built-in Breakout EDGE indicator algorithm inside the EA
  • Multiple filters to enhance the accuracy of trading signals
  • Automatic money management options
  • Different Stoploss and Takeprofit options
  • Partial closing of trades with custom percentage
  • Breakeven options
  • Trailing stop options to minimize losses
  • Closing of trades on Breakout EDGE opposite signal
  • Breakout EDGE Success Rate filter for entry and exit of trades
  • Built-in ENTRY and EXIT FILTERS: Breakout EDGE Higher Timeframe 1/2 filters, MA filter, RSI filter, MACD filter
  • Time filters and Session filters
  • News filter to avoid uncertain market moves
  • Martingale option included (can be enabled/disabled)
  • Works in any timeframe and financial instrument, including forex, cryptocurrencies, metals, stocks, indices
  • Clickable dashboard for changing settings
  • Integrated pop-up, email, and push notification alerts
  • Settings can be fully customized to desired trading approach

Pipfinite Breakout Edge Settings

  • Lot Size: This allows you to set the size of the trade lot.
  • Use Money Management: This option allows you to turn on or off money management.
  • Risk Percentage %: This is the percentage of your account balance that you are willing to risk. The EA uses this value to calculate the lot size.
  • Magic-Number: This is the magic number that the EA will use to identify its trades. If you leave it as -1, the EA will generate it automatically.
  • Slippage: This is the slippage value for opening trades. If you leave it as -1, it is disabled.
  • Max Spread: This is the maximum spread filter. If the spread is greater than this value, no trades will be taken. If you leave it as -1, it is disabled.
  • Trade Comment: This is the comment for the trade.
  • TimeFrame: This is the timeframe for the Breakout EDGE indicator.
  • Period: This is the period for the Breakout EDGE indicator.
  • Range Factor: This is the range factor for the Breakout EDGE indicator.
  • Stop Loss Mode: This is the stop loss mode for the Breakout EDGE indicator.
  • Take Profit Factor: This is the take profit factor for the Breakout EDGE indicator.
  • Maximum History Bars: This is the maximum history bars for the Breakout EDGE indicator.
  • Use Success Rate Filter: This option allows you to use the success rate filter of the Breakout EDGE indicator.
  • Success Rate Level %: This is the minimum success rate level to take a trade.
  • Take-Profit Option: This option allows you to choose the take-profit option. It can be one of the following: TP1 Only, TP2 Only, TP2 & Partial @ TP1, 2 Partial Closes, TP1 & Opposite, TP2 & Opposite, Fixed Points, or No Take-Profit.
  • Fixed Take-Profit Points: This is the take-profit value when Take-Profit Option = Fixed Points.
  • First Partial Close %: This is the percentage of lots to close at TP1 price.
  • Second Partial Close %: This is the percentage of lots to close at TP2 price.
  • Stop-Loss Option: This option allows you to choose the stop-loss option. It can be one of the following: Fixed Points, SL % of Take-Profit, Indicator SL Price, or No Stop-Loss.
  • Fixed Stop-Loss Points: This is the stop-loss value when Stop-Loss Option = Fixed Points.
  • Stop-Loss Percentage %: This is the percentage of stop-loss to take-profit.
  • Close On Opposite Signal/Trend: This option allows you to close the trade once an opposite signal/trend occurs.
  • Trailing-Stop Option: This option allows you to choose the trailing-stop option. It can be one of the following: After TP1 Level, After TP2 Level, After Entry Level (0), or No Trailing-Stop.
  • Trailing-Stop At Points: This is the trailing stop trigger points.
  • Trailing-Stop Step Points: This is the step of points the trailing stop uses to trail.
  • Trailing-Stop Amount Points: This is the number of points to add to the new stop loss.
  • Trailing-Stop Profit Only: Set trailing for the profitable trades or not.
  • Break-Even Option: Choose the Break-Even option.
  • Break-Even At Points: Break-Even trigger points.
  • Break-Even Amount Points: Points to add to trade Open Price when Break-Even set.
  • Use Martingale: Increase Lot Size when the last trade loses or not.
  • Martingale Factor: How much to increase the Lot Size (2 means double).
  • Martingale Max Lot Size: Maximum Lot Size we can increase to.
  • Use Entry First HTF Filter: Turn on/off first Breakout EDGE higher timeframe filter.
  • Use Entry Second HTF Filter: Turn on/off second Breakout EDGE higher timeframe filter.
  • Use Entry MA Filter: Turn on/off MA filter.
  • Use Entry RSI Filter: Turn on/off RSI filter.
  • Use Entry MACD Filter: Turn on/off MACD filter.
    Use Exit First HTF Filter: Turn on/off first Breakout EDGE higher timeframe filter.
  • Use Exit Second HTF Filter: Turn on/off second Breakout EDGE higher timeframe filter.
  • Use Exit MA Filter: Turn on/off MA filter.
  • Use Exit RSI Filter: Turn on/off RSI filter.
  • Use Exit MACD Filter: Turn on/off MACD filter.

Pipfinite Breakout Edge Summary

The Pipfinite Breakout Edge EA is an automated trading system that utilizes the PipFinite Breakout Edge indicator to generate signals and execute trades. The EA’s strengths include its ability to apply multiple filters to confirm the accuracy of the signals, as well as its flexibility in allowing users to customize the EA based on their preferred trading approach. It also includes automatic money management options, partial closing of trades, and martingale option.

Its weakness includes its reliance on Martingale option which can be risky if not used properly. This feature can lead to larger losses if the market does not move in the trader’s favor. However, Demo testing the EA and applying good risk management settings can help manage potential risks. The Pipfinite Breakout Edge is suitable for traders who are looking for a customizable and automated trading solution.

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