Breakeven is an important concept used to determine the point at which an investment, trade, or business operation results in neither profit nor loss. For traders, particularly those using MetaTrader 4 (MT4) and MetaTrader 5 (MT5), understanding breakeven is essential for assessing risk, setting realistic targets, and optimizing trading strategies. Introduction to Breakeven In trading, … Read more
Modern trading demands efficiency, precision, and consistency. For MetaTrader 5 (MT5) users, converting an indicator into an Expert Advisor (EA) can significantly improve their trading profits. Because an Expert Advisor automates an indicator and executes trades immediately whenever a buy sell signal comes in. This transformation ensures your trading rules are executed with pinpoint accuracy … Read more
The MT5 News Expert Advisor (EA) is a powerful EA designed by 4xPip to assist all financial and manual traders to avoid potential losses that occur during news events. The news events are sometimes very dangerous; they cause the market to move unpredictably, creating sudden price changes and gaps. The MT5 EA not only disables … Read more
4xPip has established itself as a prominent player. Offering a diverse range of services designed to enhance traders’ performance and automate trading processes, 4xpip has a big collection of indicators and expert advisors for MT4 and MT5 platform. 4xPip caters to both novice and seasoned traders. But the question often arises: Is 4xPip a legitimate … Read more
A trailing stop loss is an advanced risk management tool designed to protect profits and limit losses in trading. Unlike a standard stop loss, a trailing stop adjusts as the market moves in your favor. In MetaTrader (MT4/MT5), this feature is widely used by traders to automate their strategies and secure gains. For example, if … Read more
Effective risk management is the spine of successful trading. Moreover, in volatile markets, managing drawdowns is critical to safeguarding capital and ensuring long-term profitability. In addition, a Drawdown Limiter serves as an essential risk management tool that helps traders control losses, maintain discipline, and preserve their trading accounts. What is Drawdown? In trading, drawdown refers … Read more
The MT4 News Expert Advisor (EA) is a powerful EA designed by 4xPip to assist all financial and manual traders to avoid potential losses that occur during news events. The news events are sometimes very dangerous; they cause the market to move unpredictably, creating sudden price changes and gaps. The MT4 EA not only disables … Read more
If you’re starting a Forex trading platform, creating trading algorithms, or building custom Expert Advisors (EAs) for MetaTrader, it’s important to understand the Forex licensing system. This post covers what Forex licensing involves, why it matters, and how to make sure your trading setup is licensed and secure. We have Licensing System MT4 and … Read more
A License system is a mechanism which is used by software providers to control and manage access to their applications. In the context of decompiler tools, a license system limits the use of the tool to authorized users only. It makes sures that only those who have paid for the software, or who have been … Read more
The Martingale strategy is a well-known strategy that traders use in Forex and other markets, especially with automated trading. On MetaTrader platforms, the Martingale Expert Advisor (EA) automates this strategy, helping traders apply a risky but potentially profitable method consistently. In this post, we’ll cover the basics of the Martingale strategy, explain how it works … Read more