Recruitment of participants PIP COLLECTOR EA (new)

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Just watched the video, very interesting!
Do you know if it opens trades with fixed SL for prop firms?

 

I do not know whether v1.3 places SL for Prop Firms.

I am running the older v1.1 with the preset. There are 2x preset files, i.e. GBPUSD and EURUSD. I do not see any SL but "Max Drawdown %" setting.




It only started trading almost 1-week after commissioning. I guessed it was computing to find the most suitable opportunity to enter and exit a trade. The following is the recent trade history for your reference. The preset lot size is 0.05, I have not changed it since. It takes profit very quickly with 5 pips. I reckoned v1.3 might behave similarly.

 

At 1:06 of the ChinEtti video, it shows the following EA "Inputs" setting dialog box (seems from Strategy Tester). I do not see a static SL setting. Perhaps it uses virtual SL, literally hiding the SL from brokerage. Relative to v1.1, it has similar TP at 50 points (5 pips) but lot size at 0.1.




At 4:17 of the video, it claims to have a "Smart Recovery System". I do not know how "smart" it is. We will have to find out. My experience with v1.1 is pretty decent though it does not make huge profits with the preset. It is slow but steady. It has not given me any "heart attack" since inception unlike other EA robots, especially those using Martingale and Grid strategies.

 

Thanks for all the info, soon we'll see how V1. 3 performs as well!

T

 

There are only 8 participants out of 20. We will need to market it more often to invite participants to make this buy a success.

 

I discovered this one thanks to your post on Royal EA, otherwise i wouldnt know of its existence, so looks like marketing works!

 

this demo or real account?

 

IC Markets Demo Raw account with $1,000 connected via VPS connection to New York server at 24ms latency. Demo account has higher latency than real account.

I have been running the ChineEtti Pip Collector v1.1 for 2+ weeks. I will run it in for 2 more weeks. In my opinion, the result is considered relatively good through a Demo account with such high latency. I reckoned a real account could perform better.

 

Thank you! Perhaps it is job habit. Marketing communication has to be concise and objective-focused to strike a resonant connectivity with the audience.

Nonetheless, the marcom has attracted yourself and fxbro09 to this Pip Collector EA v1.3 buy. We will have to continue to broadcast more periodically to create traction.

 

For the awareness of our community, do you mind updating the title to "ChinEtti Pip Collector EA v1.3 (2024)", please?

Can you do a daily publicity push on the "NEW PURCHASE" billboard, please? I will do the marcom recital in my regular member capacity.

Thank you!

 

what is the ideal account balance to run this ea?

 

You can find the product information and recommendations at www.chinettiforex.com/pip-collector-expert-advisor.html.

For Pip Collector EA v1.3, ChinEtti's recommendation:


Though ChinEtti recommends minimum initial deposit as $100, I would personally think $1,000 is safer to fabricate room to weather any margin drain at 0.10 lots.

Older Pip Collector EA v1.1 takes profits quickly with 5 pips. Perhaps, v1.3 also closes with 5 pips TP. My v1.1 does not trade often, like CyNera. So, you outta be patient with it.

It is heartening that ChinEtti claims no "non-Martingale".

 

test n/a....
no stop loss..
a small take profit ..
the conclusion is quite bad )

 

Did you manage to test the v1.3 to draw this conclusion? Please share screen captures for the benefit of this community.