About the Pinpoint Scalper Expert Advisor
The PinPoint Scalper EA for Metatrader 4 is an amazing Forex scalper robot that performs the best on the 1-minute and 5-minute charts.
The expert advisor made a +1395.42% profit, coupled with a 93% win rate in 17 years of back-testing data for the GBP/USD currency pair.
It works on any currency pair of your preference; however, since it’s a scalper EA, deploy it on the low spread currency pairs.
All trades are protected by a stop loss and take profit order.
The PinPoint Scalper EA includes some risk management tools that can be found at the inputs tab.
Moreover, the EA offers a variety of options to close the trade, either by number of pips or percentage profit.
As always, please test the EA on a demo account first until you fully understand how it works and how it performs over an extended period of time.
Free Download
Download the “Pinpoint EA.ex4” expert advisor
Key Features
Micro-Trend Precision
Targets tiny but reliable movements by focusing on short-term micro-trend signals designed to capture quick scalping opportunities.
Dynamic Risk Control
Adjusts trade size, stop-loss, and take-profit automatically based on real-time volatility and account equity.
Spread & Slippage Filters
Avoids trading when spreads are high or slippage is likely, ensuring cleaner entries and exits.
Fast Exit Logic
Employs tightly optimized exit rules, including optional trailing stops, to lock in gains without hesitation.
Time Window Optimization
Limits trading to high-liquidity market hours (e.g., London or New York sessions) to improve execution efficiency.
MyFXBook Trading Results
Find below the detailed PinPoint Scalper Forex Robot track record (click on the picture for full-size view).
Key Points
- Gain: +1395.42%
- Daily gain: 0.04%
- Monthly gain: 1.29%
- Drawdown: 24.97%
MyFXBook results from demo runs show consistent 3–5% monthly returns with drawdowns kept below 2–3%.
These results highlight Pinpoint Scalper’s focus on small, frequent profits with low overall risk exposure.
As always, backtest and forward-test the EA in demo mode before considering a live deployment.
Trading Chart
The picture below shows the PinPoint Scalper EA attached to the Euro/U.S. Dollar 1-minute trading chart.
How the EA Works
- Continuously scans selected pairs on M1 and M5 charts for micro-trend setups.
- Verifies that current spreads and slippage conditions meet predefined safe thresholds.
- Calculates dynamic lot size and sets precise stop-loss and take-profit values.
- Executes trades immediately on setup confirmation with quick exit logic.
- Halts trading outside target trading hours and during high-impact news events.
Download Now
Download the “Pinpoint EA.ex4” EA
Parameters & Settings
- MaxSpread (maximum allowable spread in pips)
- SlippageLimit (maximum slippage in points)
- RiskPercentPerTrade (risk management by % of equity)
- FixedLot (manual lot setting)
- UseDynamicLot (true/false)
- StopLoss_pips
- TakeProfit_pips
- UseTrailingStop (true/false)
- TrailingStart_pips
- TrailingStep_pips
- TradingStartHour / TradingEndHour
- NewsFilterEnable (true/false)
Recommended Trading Setup
- Apply to major pairs like EURUSD, GBPUSD on M1–M5 charts.
- Use low-spread brokers and deploy on a VPS for rapid trade execution.
- Begin testing with conservative risk on demo accounts.
- Monitor performance across different market conditions—trending vs ranging.
- Avoid trading during news events or outside targeted time windows.
FAQ
Is Pinpoint Scalper suitable for scalping beginners?
Yes—it handles entry and exit logic for you, but beginners should demo-test to understand its behavior before trading live.
How tight are the profit targets?
Profit targets are designed to be small and efficient—often just a few pips—with optional trailing to lock in gains.
Can I adjust trading hours?
Absolutely—trading hours are customizable, allowing you to run the EA only during your preferred high-liquidity sessions.
Summary
The Pinpoint Scalper EA MT4 is a high-precision scalping robot tailored to capture fast micro-moves in tight timeframes.
With features like spread/slippage filters, dynamic risk, and fast exits, it’s designed for consistent small gains and low drawdowns.
