Pip Boxer
Pip Boxer is an expert advisor (trading robot) for MetaTrader 4 from the Old Kings collection. Its source code uses CCI. It moves the stop behind price, can size trades from your risk and handles several symbols. It has 29 settings, for example Group1 (default ===Trading Variables===), server time (default 1) and short trades (default true). Run it in the Strategy Tester and then on a demo account to see how it opens and closes trades. Inside: 14 EA files with source code (.mq4) you can open and edit in MetaEditor. Old Kings are classic community tools shared as-is. Not tested by PolyMaria. Try it on a demo account first. Are you the author of this tool? Message us on Telegram (@abumarket_support) and we will credit you or take it down.
Expert advisor · MT4 · v1.0 · Free
About Pip Boxer
Pip Boxer is an expert advisor (trading robot) for MetaTrader 4 based on CCI. It moves the stop loss behind price (trailing stop / break-even), can size trades from your balance and risk percent and works on several symbols at once. It has 29 settings, such as Group1, Server time and Short trades. MQL source code included.
Files in the download: PipBoxer_v2.0.6_AUDUSD.mq4, PipBoxer_v2.0.6_EURGBP.mq4, PipBoxer_v2.0.6_EURJPY.mq4, PipBoxer_v2.0.6_EURUSD.mq4, PipBoxer_v2.0.6_GBPJPY.mq4, PipBoxer_v2.0.6_GBPUSD.mq4, PipBoxer_v2.0.6_NZDUSD.mq4, PipBoxer_v2.0.6_USDCAD.mq4 ….
Trading robots can lose money. Check every setting and test on a demo account before using real funds.
Settings
| Setting | Default | What it does |
|---|---|---|
| Group1 | ===Trading Variables=== | |
| Server time | 1 | |
| Short trades | true | |
| Long trades | true | |
| Max takeprofit | 100 | Take profit distance |
| Max stoploss | 200 | Stop loss distance |
| Quick be | 50 | |
| Max open trades | 10 | |
| Close at the end of day | false | |
| Draw pb box | true | |
| Draw stripes | true | |
| Draw arrows | true | |
| Trades slippage | 2 | Maximum slippage allowed when opening a trade |
| Group2 | ===Risk Management Variables=== | |
| Value at risk | 1 | Risk per trade (percent of balance) |
| User lot size | 1 | |
| No risk balance | 0 | Risk per trade (percent of balance) |
| Account risk control | true | Risk per trade (percent of balance) |
| Enter high risk | true | Risk per trade (percent of balance) |
| Above max lots ok | true | |
| Bypass margin call | true | |
| Group3 | ===Money Management Variables=== | |
| Move to break even | true | Move the stop to break-even |
| Trailing stop available | true | Trailing stop distance or switch |
| Move to mid tp | true | |
| Compromise tp | true | |
| Neg ts available | true | |
| Move to mid sl | true | |
| Pb period | 14 | Period or timeframe used by the calculation |
How to install
- Download the ZIP from your PolyMaria library and unzip it.
- In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Experts.
- Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
- Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
- Drag the expert advisor from the Navigator onto a chart, check the settings, allow Algo/Auto Trading and press OK.
- Test it first on a demo account or in the Strategy Tester.
Tags: Trailing Stop & Break-even · Risk & Lot Size · Multi-Currency · CCI · MT4 Expert Advisor · MQL4 Source Code