Introduction

Feel like you’re always a split-second too late on those quick market moves? You’re not alone. Most scalping EAs scream “trade!” after the move’s run… then ghost you when price reverses. Enter PIPSET EA V1.5 MT4, YoForex’s free precision scalping EA designed to lock in micro-profits on high-probability setups—no repaint, no drama. Back-tested across hundreds of currency pairs and verified in live-demo accounts, this MT4 expert advisor uses real-time volatility filters and adaptive order management to slice through noise, giving you razor-sharp entries and exits. Whether you’re dipping a toe into algo trading or you’re a seasoned scalper, PIPSET EA V1.5 MT4 slips into your strategy seamlessly and just.works. And best part? It’s 100% free on MQL5.software—why pay when you can scalp smart without spending a dime?

Overview

The PIPSET EA V1.5 MT4 is built purely in MQL4 for unparalleled speed on MetaTrader 4. Its core mission is simple: identify short-term imbalance zones—where liquidity clusters meet volatility bursts—and scalp them for consistent micro-gains. Unlike static grid or martingale bots, PIPSET EA V1.5 MT4 adapts on the fly, adjusting stop-loss and take-profit levels based on live ATR readings and price momentum.

Under the hood:

  • Liquidity Imbalance Detector: Scans recent bar ranges for areas where buy and sell orders stack up, then targets those “sweet spots.”
  • Volatility Filter: Uses dynamic ATR to confirm genuine moves—no false alarms in chop.
  • Adaptive Order Management: Trailing stops, break-even logic, and partial closes to lock in profits.
  • Session Optimizer: Auto-pauses during low-volume Asian hours or high-impact news, so you avoid whipsaws.

Tested on EURUSD, GBPUSD, USDJPY, and exotic pairs from M1 to M15, PIPSET EA V1.5 MT4 delivers a clean equity curve and minimal drawdown. If you’re new to algorithmic scalping, check our AutoX EA V4.1 MT4 to see how precision entries should look. Or pair it with the Non Repaint Trend Indicator for MT4 for trend confirmation.

Key Features

• Precision Scalping Algorithm: Captures 5–15 pip moves with tight SL/TP.
• Dynamic ATR-Based Filters: Adjusts sensitivity to current market volatility.
• Imbalance Zone Targeting: Scans for stacked orders and liquidity pockets.
• Adaptive SL/TP Management: Trailing stops and break-even based on price action.
• Session Control: Define trading hours or let EA auto-pause during news.
• Multi-Symbol & Multi-TF: Attach to any chart; it auto-detects symbol & timeframe.
• Partial Close Feature: Lock in partial profits while letting winners run.
• Non-Repainting Logic: Signals and executions remain fixed—what you see is what you get.
• Low CPU Footprint: <8 KB, negligible impact on MT4 performance.
• 100% Free: No subscriptions, no hidden fees—download and trade instantly.

Backtest Results & Proof

We back-tested PIPSET EA V1.5 MT4 on EURUSD M5 from Jan 2020–Dec 2024, covering over 60,000 bars. With default settings (ATR = 14; imbalance look-back = 20), the EA produced:

  • Net Profit: +185%
  • Max Drawdown: 3.9%
  • Win Rate: 72%
  • Avg. Risk:Reward: 1 : 1.6

How to Install & Configure

  1. Download PIPSET EA V1.5 MT4 from its MQL5.software page.
  2. Copy PIPSET_EA_v1.5.ex4 into your MQL4/Experts folder.
  3. Restart MT4 or click “Refresh” in the Navigator panel.
  4. Attach PIPSET EA V1.5 MT4 to your desired chart (any symbol, M1–M15).
  5. Configure Inputs:
  6. ATR_Period: default 14
  7. Imbalance_LookBack: default 20
  8. RiskPercent: default 1% of balance
  9. SessionFilter: “London,NewYork” or custom times
  10. Enable “Allow live trading” and alerts (pop-ups, email, push).

Why Choose YoForex-Powered Tools?

YoForex has been empowering retail traders since 2018 with free, battle-tested EAs and indicators. Our philosophy? Transparency, community feedback, and constant updates. When you download a YoForex product—like PIPSET EA V1.5 MT4, Bandwagon EA V2.8 MT4, or The Ghost Father EA V2 MT4—you join thousands of fellow traders who share settings, performance logs, and tweak ideas. We roll out monthly updates based on real-world usage, so your tools stay sharp as market regimes shift. No hidden fees, no upsells—just powerful, free trading automation.

Support & Disclaimer

Got questions or hit a snag? Reach us on WhatsApp at https://wa.me/+443300272265 or join our Telegram group: https://t.me/yoforexrobot. We’re traders too, so response times vary—but we’ve got your back.

Disclaimer: Past performance is no guarantee of future results. Trading involves risk; always demo-test first and never risk more than you can afford to lose.

Call to Action

Ready to slice through market noise with surgical precision? Download PIPSET EA V1.5 MT4—totally free on MQL5.software—attach it to your charts, and start capturing consistent micro-gains today. Unlimited support is just a message away, so jump in and trade smarter now!

Happy Trading