Thread: Pips Miner Gold
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Old 2010-08-15, 05:31 PM   #1 (permalink)
rsmereka
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Trading Live with:
Forex Hacked(Copier), Forex Strategy CAD1(manual)
Default Pips Miner Gold

This review is about the Pips Miner Gold EA. I have no affiliation
with anyone in conjunction with this review.

I got this EA from my4xstore.com. It got a $100.00 coupon code for this EA which is good because this EA is expensive at 399 Euros.

This EA includes all three Pips Miner strategies which were (and still are) sold separately. There is LE (Light Edition), SE (Standard Edition) and EE (Extended Edition). As far as I understand it, there are minor differences in each strategy.

Pips Miner Gold trades on a EURUSD M5 chart. The EA requires a license number as well as the user ID and password of the member account (at my4xstore.com). It's trades the London session 8-5 GMT. It is not a scalper.

Pips Miner Gold has no money management (MM). You have to fill in a lot size. There is a lot size calculator on the my4xstore.com member area.

I set the starting equity to the same as my current live account balance.

I have set this EA to trade the EE strategy at the maximum recommended lot size of 0.06 (based on the starting equity). This will cause a problem for me as this starting lot size is less than the minimum allowed lot size in my live account. If Pips Miner makes it to live trading, I will need about 10K in equity to trade at the minimum lot size for a classic Alpari UK account.
Link: http://www.myfxbook.com/members/rsmereka/pips-miner-goldee/44872



Rick
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Last edited by rsmereka; 2010-08-16 at 07:54 AM. Reason: Added lot size stuff
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