Boring pips Review

Boring Pips trading system is a blend of cutting-edge artificial intelligence algorithms and classic trading strategies involving: momentum, supply – demand zones and Fibonaci retracement. Specifically, the EA employs an advanced formula based on deep learning algorithms to simultaneously measure the momentum of prices across 4 time-frames. This analysis helps identify instances where synchronization in the decline of price momentum at potential supply and demand zones, enabling the system to make informed trading decisions. The entire process, from signal scanning to entering and exiting positions, is completely automated in 4 steps:

– Step 1: An advanced algorithm is used to continuously scan the supply and demand zones, which are potential areas where prices are likely to react.

– Step 2: Boring Pips uses a sophisticated and unique algorithm created by artificial intelligence to detect any change in price momentum after a strong price movement across different time-frames.

– Step 3: The system makes trading decisions when the price loses momentum at previously identified supply and demand zones, predicting a reversal.

– Step 4: Boring Pips manages trades based on the probability distribution rule to ensure maximum exploitation of the trading edge that the entry point brings.

Boring pips gif

Features

Recommended installation

  •  Install Boring Pips on one of the AUDCAD/AUDNZD/NZDCAD chart, with a time-frame of M5.
  •  Trading symbols: select the trading currency pair (optimized for AUDCAD/AUDNZD/NZDCAD).
  •  Risk mode: select an appropriate risk mode (Boring, Low risk, Medium risk or High risk).
  •  Base balance: Choose the amount of Balance to allocate for trading.
  •  Personalization settings: please refer to the Detailed instructions.
  •  Risk Management settings: please refer to the Detailed instructions

Expert Advisor backtest

Boring pips backtest
Boring pips backtest

Boring pips reviews

Boring pips reviews

Conclusion for this robot

Boring pips is a rather new forex EA. It is developed by Thi Thu Ha Hoang who seems a very skillful programmer. Although the expert advisor is not long around, the trading logic as well as the live results look very promising. Since this EA offers a free demo we can recommend using it and share your experience with us. 

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Risk warning: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

Hypothetical performance results have many inherent limitations. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particularly trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk. Variables such as the ability to adhere to a particular trading program in spite of trading losses as well as maintaining adequate liquidity are material points which can adversely affect actual real trading results. Currency trading involves high risk and you can lose a lot of money.

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