Open plus Pips

Open plus Pips is an expert advisor for education and research use

How it work:

Expert Advisor will open pending orders at the current open candle price plus pips in value. No new order will not be placed until the current transaction is closed.

You can use this EA on different time frames and instruments.

Available version for MT4 and MT5

Custom Comment - comment

Minimum distance- it is the minimum from the candle open price, you need to use any positive value in pips above 0

Magic number- it is a number which terminal recognizes EA

One Cancel Other - you can decide to cancel the opposite pending order if one of them is executed.

Take profit - define the distance to take profit Stop loss - define the distance to stop loss

mmLots - define transaction lot size

Pending Order Valid- A pending order can be valid for a certain time. 0 means unlimited, 1 pending order is valid one bar

Inputs describe

Open demo / live account

Your terminal must be turned on 24/5 to execute EA correctly so you can use the VPS server which I am using in trading

Check VPS which I use

Download Open plus Pips from cloud

IMPORTANT

Contact me if you have any questions

All other trademarks are the property of their respective owners

Risk Disclaimer

Every type of trading and investment involves risk, and there is always the potential for loss. Your trading or investment results may vary. Because the risk factor is high in foreign exchange market trading, only genuine "risk" funds should be used in such trading. If you do not have the extra capital that you can afford to lose, you should not trade in the foreign exchange market.

Forex trading and investment involve a real risk of loss. No "safe" trading system has ever been devised, and no one can guarantee profits or freedom from loss. Past performance is not indicative of future results.

All information posted on the site www.profesorpips.com and subpages is the author's subjective view, is educational and does not constitute investment advice, recommendations, or suggestions of the strategy. Investments on the currency exchange using financial leverage are associated with the risk of losing some or all of your capital, even with little price movement. When making investment decisions, be guided by your own judgment.

U.S. Government Required Disclaimer

Commodity Futures Trading Commission Futures and Options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don’t trade with money you can’t afford to lose. This is neither a solicitation nor an offer to Buy/Sell futures, stocks or, options on the same. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this website. The past performance of any trading system or methodology is not necessarily indicative of future results.

CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN
LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT
REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS
MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET
FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS, IN GENERAL, ARE ALSO
SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO
REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR
LOSSES SIMILAR TO THOSE SHOWN