Million Dollar Pips Robot is a commercial Expert Advisor. Its price is $147. The software was developed by Million Dollar Pips. Million Dollar Pips Robot works with EURUSD on M1 timeframe with deposits starting from $100 and leverage 100:1. The advisor's profit factor is 1.9, while the average yearly drawdown is only around 7%. Million Dollar Pips Robot is a completely automated money-generating powerhouse.
The most remarkable thing in the advisor is an ultimately tight stop-loss to protect a trader's deposit. The advisor applies scalping strategy with the simultaneous usage of an indicator/price combination. The robot scalps small breakouts based on trailing techniques. It can place a number of trades simultaneously. Hedging is not allowed in in the advisor so it is NFA compliant.
The Forex market is just too big. No matter how many people run the software at the same time, we won't decrease it's effectiveness. Trillions of dollars are traded daily, thus sharing this software has no negative impact on my earnings whatsoever. And just so you know how dead serious I am, pay close attention. The sales revenue from this software goes right into my Forex investment account and gets multiplied over and over again by the software. That's right. I literally put the money where my mouth is.
Million Dollar Pips is programmed to trade on the 1M chart. It has an extremely tight stop loss to protect your investment. It uses a simple combination of an indicator and price action to detect and scalp mini breakouts using machine speed with smart trailing techniques. Million Dollar Pips has an excellent profit rate, plus very high number of trades, it uses risk diffusion.
| Million Dollar Pips Robot EA Rating | 6.5 |
| Yield per annum | 47.35% |
| Max drawdown per annum | 27.39% |
| Developer | Million Dollar Pips |
| Created, year | 2015 |
| Free | |
| Price | $147 |
| Class | middle term |
| Type | trend |
| Lot size | not less than 1000 units per 0.1 of a standard lot |
| Deposit | $100 |
| Leverage | 100 |
| Timeframes | M1 |
| Strategies | own strategy |
| Indicators | non-indicator |
| Recommended brokers | XM, FXCC, Libertex |
| Trading tool/currency pairs | EURUSD |
| Automatic account type | |
| Indicating | |
| Multiple usage | |
| Mini deposits | |
| Max risk limitation | |
| ECN | |
| NDD | |
| Several one-way series | |
| Auto start lot | |
| Fixed stop loss | |
| Fixed takeprofit | |
| Automatic lapse expansions |
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