Trillion Dollar Pips at one time was very popular. It got to the point that some brokers even reset their customers' profits, if it turned out that the work was done with this EA. Since its inception several years have passed, but its popularity is not quenched, so to study its effectiveness is definitely worth it. In the past, Trillion Dollar Pips showed an excellent result, accelerating the deposit for the year in dozens of times.Сharacteristics of Trillion Dollar Pips EA
Platform: Metatrader4
Currency pairs: Only EURUSD
Trading Time: Around the clock
Timeframe: M1
Current EA version: 1.1
Principle of work and trade strategy of the Trillion Dollar Pips EA
Trillion Dollar EA operates on the basis of 5 standard Metatrader4 indicators. Are used:
Bollinger Bands
Williams’ Percent Range (WPR)
three Force Index with different periods
Market analysis is as follows:
Deals are concluded only in moments of increased volatility, the first signal - the price approaches one of the BB's borders.
Next is a check on the WPR indicator, by this time the indicator should be in the overbought zone (for short positions) or in the oversold zone (for long positions).
The last check is for the three Force Index. The maximum for sales and the minimum for purchases must be achieved on them.
Despite the work on the minute chart, deals are relatively rare. Trade is conducted by pending orders, and the target for the deal is 2-4 points.
The EA opens several deals at once and closes them very quickly, often in just a few seconds. On a real account of slippages, requotes and delays in performance can play a huge role.
Trillion Dollar Pips for profitable work needs very good, fast execution, good connection to the network (ie it is worth using VPS), as well as spread on EURUSD not exceeding 2 pips.
Also, the EA will work only on brokers with 5-digit quotes. For example, IC平台.
Backtest of Trillion Dollar Pips EA
EURUSD fixed lot (default settings)
EURUSD dynamic lot (max 100), risk 5%
In the archive TrillionDollarPips.rar:
TrillionDollarPips.ex4
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