Pip Finite EA Trend PRO Review

Sep 16, 2021 07:47 AM ET
Pip Finite EA Trend PRO Review

Pip Finite EA Trend Pro comes with many inbuilt settings such as entry/exit, stop loss, take profit, etc., that can be tweaked according to traders' liking. The robot takes the signals from the PipFinite Trend Pro indicator and implements them automatically on the charts. The whole purpose of the algorithm is to remove a manual application from the investors. Let us see if the indicator and the EA cab work together to give us a sound system.

Pip Finite EA Trend Pro Strategy


Fully-automated EA





Compatible Platforms

MetaTrader 5 

Currency Pairs




Recommended Min. Deposit


Recommended Deposit




Trading strategy explanation

The developer states that the algorithm is built to copy trades from the Trend PRO indicator but fails to mention its strategy. We know from the indicators page that it provides the entry and exit signals and does not repaint itself. From the Myfxbook trading history, we can see that the algorithm uses a virtual stop-loss function. It holds positions for 15 hours and 10 minutes which refers to a day trading methodology. Depending on the situation, it can hold trades for a loss of 50 pips.

History on Myfxbook.

How does the EA work?

Traders can install the robot in the following steps:

  • Purchase the system from the developer on the MQL 5 market.

  • Login on the MQL 5 community at the MT 5 platform and download the EA.

  • Place it on the charts.


The robot has the following features:

  • Multiple settings that can be changed accordingly. 

  • Ability to trade with a capital of $50.

  • Built-in entry and exit filter.

  • Alerts are provided on your computer or email.

  • Trades can be partially closed with a custom percentage.

Customer reviews are only available at the MQL 5 marketplace, where traders are mostly neutral. One of the investors states that the algorithm is not performing its job efficiently. He says that the results in the strategy tester are awful.

Negative user review on MQL 5.

Backtest data analysis

The developer only provides an image of the backtesting curve which only shows the modeling quality. We don't know which pair, time frame, and settings they used to test the system. This is an inferior approach and shows the lack of transparency which is damaging for the reputation of the algorithm.

Backtesting results.

Live trading data analysis

Verified trading records are available on Myfxbook that show performance from August 01, 2021, till the current date. The system made an average monthly gain of -4.58%, with a drawdown of 24.81%. This is horrendous to see as the algorithm is losing quite a lot of money. The drawdown ratio states that the loss on the initial capital is nearly 25%. The winning rate stood at 41%, with a profit factor of 0.90. The best trade was $21.45, while the worst was -$10.12. There were a total of 64 executions. The developer made $200 in deposits and $0 in withdrawals. 

The developer makes a small deposit as he is not comfortable with the performance of the system itself.

Live records on Myfxbook.

Pip Finite EA Trend PRO

Myfxbook Account

Real (USD), Roboforex


Aug 01, 2021















Review summary


  • Live records tracked via Myfxbook


  • There is not enough transparency on the strategy

  • The performance of the algorithm is poor

  • Live records are for a short duration

Pip Finite EA Trend PRO is not a good algorithm as the performance records show a gradual loss in equity. The drawdown value is also high. The developer is not transparent on the backtesting records, which adds fuel to the fire.

Rating: 5/10

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