Pinpoint EA
An MT4 scalper for EURUSD and GBPUSD that opens one position at a time and includes an optional lot multiplier (martingale-style).
Pinpoint EA is an automated scalping Expert Advisor for MetaTrader 4. It targets EURUSD and GBPUSD, runs one trade at a time and uses a strategy with a small take profit paired to a much wider stop loss. The EA can trade with a fixed lot or use an auto-lot mode that increases size after losing trades.
The package is available as a free download on AutoFXRebate with a PDF install guide and Telegram support. The EA exposes settings to reduce or disable the loss-recovery multiplier; we recommend demo testing and careful position sizing before using any multiplier on a funded account.
Martingale-style behaviour. The EA can increase lot size after a loss to recover previous draws. Keep the multiplier off on small accounts and during early demo runs, and only consider it after long, controlled testing and when your capital comfortably covers observed drawdowns.
Caractéristiques
- Tool type
- Fully automated Expert Advisor (scalper)
- Platform
- MetaTrader 4
- Strategy
- Scalping: small take profit with a relatively wide stop loss; one trade at a time
- Recommended pairs
- EURUSD, GBPUSD
- Typical timeframe
- M15 recommended
- Money management
- Fixed lot or auto-lot with an adjustable loss-recovery multiplier
- Minimum capital
- Larger balance recommended when multiplier is used; smaller accounts possible with multiplier off
- Original list price
- $397
- At AutoFXRebate
- Free download, PDF install guide and Telegram support
How the EA trades
Pinpoint EA runs as a scalper that aims for small profit targets while protecting positions with a comparatively wide stop loss. It never opens more than one trade at a time, so the sequence of trades and the stop-to-target ratio shape long-run results.
You can use fixed lots or enable auto-lot. With auto-lot on, the EA increases the next trade size after a losing trade to try to recover prior losses. Outcomes therefore depend on the multiplier you set and on account size.
What the key inputs do
Inputs let you set stop loss, take profit, a risk factor and a multiplier that scales lot size after a loss. There are controls for spread and magic number plus a few tuning parameters for short-timeframe scalping.
Start on demo with the defaults. Record how often stops are hit and the resulting drawdowns, and only alter the multiplier once you understand the EA's trade cadence on your broker and timeframe.
Who this suits and who should avoid it
The EA fits traders who want an easy-to-deploy scalper and who will manage risk actively: run a demo period, measure drawdowns and size positions to the worst-case moves you observe.
If you cannot tolerate sequences of large drawdowns or prefer fixed-risk-per-trade approaches, keep the multiplier off or choose an EA without loss-recovery sizing.
Fonctionnalités
- Automated scalping EA that keeps one trade open at a time
- Fixed lot mode or auto-lot with configurable loss-recovery multiplier
- Adjustable stop loss and take profit settings
- Spread and magic number controls for broker tuning
- Designed for EURUSD and GBPUSD on short timeframes
- Includes PDF install guide and AutoFXRebate Telegram support
Performances
This EA is strategy- and broker-sensitive. Run it on demo for several weeks, record the trade frequency, the typical stop-to-target distance and the deepest drawdown observed. Use those numbers to size real-money positions and to decide whether to enable the loss-recovery multiplier.
Avantages
- Easy to deploy on MT4 with a short list of inputs
- Only one open trade at a time simplifies trade tracking
- Multiplier can be disabled, leaving a plain fixed-lot scalper
- Free download at AutoFXRebate with PDF install guide and Telegram help
Inconvénients
- The auto-lot multiplier is martingale-style and increases drawdown risk when enabled
- Small take profit with large stop loss means losses can be large when they occur
- Performance depends on broker fills, spreads and uptime on a VPS
- No automatic update channel via AutoFXRebate
Installation
- Download the package from AutoFXRebate and unzip the contents to your MT4 folder; follow the included PDF 'How to install MT4 files.pdf' to place Experts, Indicators and Libraries in the correct folders
- Restart MetaTrader 4 so the EA appears under Experts
- Attach Pinpoint EA to an EURUSD or GBPUSD chart on M15, enable AutoTrading and start with the default inputs
- Run on a demo account for at least one to two weeks; log each trade, the stop-to-target ratio and the deepest drawdown you see
- Keep the loss-recovery multiplier off while you build confidence; if you test it, lower the multiplier and increase account size to cover potential sequences of losses
- For live use choose a low-spread account and a reliable VPS so scalps fill consistently, and consider opening the live account through AutoFXRebate to receive backcom on every lot
Verdict
Pinpoint EA is a straightforward MT4 scalper for traders who want a plug-and-play robot on EURUSD and GBPUSD and who understand the trade-offs of small targets and wider stops. The configurable multiplier gives flexibility but also raises tail-risk when enabled.
We suggest starting on demo with the multiplier disabled, follow the setup and logging steps above, and only move to live trading once your demo drawdown and trade cadence fit your risk appetite. Download the package free from AutoFXRebate and contact our Telegram support if you need help with installation or inputs.
Avertissement sur les risques
Le trading du forex et des CFD comporte des risques importants et peut ne pas convenir à tous les investisseurs. Les indicateurs, EA et outils de trading ne garantissent aucun profit. Appliquez toujours une gestion du risque appropriée. AutoFXRebate n'a pas conçu ces outils et ne cautionne aucun des résultats qu'ils revendiquent ; testez-les sur un compte démo avant de risquer de l'argent.
Obtenez Pinpoint EA gratuitement
Le fichier se trouve sur notre canal Telegram, avec le guide d'installation. Aucun formulaire à remplir.
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