About the 10-Pips Expert Advisor
The 10 Pips Metatrader 4 Forex Robot is an automated forex trading software that deploys two moving averages to grab 10 pips from the market at any given opportunity from its buy/sell market positions.
The trading robot stays in the market most of the time and switches between buy and sell positions when a fast-moving average intersects over a slower-moving average.
It’s an automated crossover moving average trading system that works on any pair.
The expert advisor offers fully customizable settings, along with flexible position management settings.
The 10 Pips EA works for both ECN and Non-ECN brokers.
Free Download
Download the “10PIPS.mq4” MT4 robot
Key Features
Tight 10-Pip Target
Designed to capture small, consistent profits by aiming for a precise 10-pip take-profit level on each trade.
Adaptive Stop-Loss
Automatic stop-loss placement based on recent volatility ensures disciplined trade management while keeping drawdowns in check.
Session Filtering
Trading can be restricted to high-liquidity sessions—such as London or New York—where moves are cleaner and execution is more reliable.
Dynamic Risk Management
Lot sizes are calculated automatically based on a user-defined risk percentage, helping maintain consistent position sizing across changes in account balance.
Break-Even and Trail Options
Built-in options allow auto break-even moves or simple trailing stops, preserving profits when price action turns favorable quickly.
Strategy Tester Report
Find below the 10 PIPS forex robot strategy tester report for the EUR/USD forex pair on the 1-Hour chart.
Key Performance
Demo backtests and forward-testing indicate the 10-Pips EA achieves steady incremental gains when properly managed.
Due to its small take-profit target, it often yields frequent successful trades, with performance dependent on tight spreads, low latency, and disciplined risk use.
The EA made a total profit of $4484.15 from a total of 250 trades.
The largest winning trade generated $215.08 in profits, while the largest losing trade generated a loss of $264.04.
Statistics:
Bars in test: 5396 ticks modelled
Initial deposit: $10000.00
Total net profit: $4484.15
Total trades: 250
Largest profit trade: $215.08
Largest loss trade: -$264.04
Consecutive wins: 8
Consecutive losses: 1
How the EA Works
- Detects short-term valid signals based on technical conditions or price structure.
- Applies session filters to ensure trades happen during high-liquidity times.
- Calculates lot size automatically based on risk-per-trade parameter.
- Sets take-profit exactly 10 pips from the entry point.
- Defines stop-loss according to volatility or fixed pip distance.
- Optionally moves stop-loss to break-even or follows price via trail.
Download Now
Download the “10PIPS.ex4” Metatrader 4 robot
Parameters & Settings
- RiskPerTrade – percentage of account equity risked per trade
- StopLossPips – stop-loss distance, either fixed or volatility-based
- SessionStart / SessionEnd – define allowed trading hours
- UseBreakEven – enable auto move of stop-loss to break-even
- TrailingStop – enable trailing stop behavior
- MaxSpread – maximum spread allowed when opening trades
Recommended Trading Setup
- Currency Pairs: EURUSD, GBPUSD, USDJPY (tight spreads, high liquidity)
- Timeframe: M1 or M5 for quick signal execution
- Broker: ECN or low-latency broker with minimal spreads during session peaks
- Risk Settings: 0.2% – 0.5% per trade, recommended to managethe frequency of trades
- Environment: VPS hosting for continuous, stable execution
FAQ
Q: Is the 10-Pips EA good for new traders?
A: It’s simple in logic, making it beginner-friendly; however, its fast trade rhythm means practicing on a demo account is essential.
Q: Can I change the TP from 10 pips?
A: The core strategy targets 10 pips, but advanced users may modify the take-profit parameter if the EA allows it.
Q: How important are session filters?
A: Extremely restricting trading to active windows helps improve execution quality and reduce slippage.
Q: Does it support trailing stops?
A: Yes—the EA includes optional break-even and simple trailing stop features to protect profits.
Summary
The 10-Pips Metatrader 4 Forex Robot is a focused scalping EA aiming for precise 10-pip profits per trade.
It pairs tight targets with adaptive stop-loss logic, session filtering, and dynamic risk control to enable disciplined, frequent entries.
