PipStep EA V1.5 MT4 – Smart Grid Trading with Safe Scaling- FREE DOWNLOAD

By: Sayan

Published on: Jun 17, 2025

Sick of wild martingale bots burning your account?

Let’s be real—most grid or martingale EAs are ticking time bombs. Sure, they look good for a few days, maybe even weeks, but one sharp trend and boom… there goes your equity. That’s where PipStep EA V1.5 for MT4 changes the game.

Available 100% free on ForexFactory.cc, this EA uses a clever pip-step strategy to space entries and manage risk in a much more controlled way. It doesn’t chase price or throw in trades recklessly. Instead, it uses intelligent spacing between orders—like a patient hunter waiting for the best moment to strike.

Overview: What Is PipStep EA V1.5?

PipStep EA is a grid-based Expert Advisor for MetaTrader 4 that avoids martingale multipliers. Instead of increasing lot sizes exponentially, it scales in using a fixed or proportional lot size, depending on how you configure it. The magic, though, lies in its pip step configuration.

Every trade opens only when the price moves a certain number of pips from the previous one. This pip spacing is dynamic and adjustable, meaning you can optimize it for volatile pairs or slow movers.

It works especially well on pairs like:

• EURUSD


• GBPUSD


• USDJPY


• XAUUSD (Gold)

Key Features of PipStep EA V1.5

• • Smart Pip Step Logic – Adjustable pip-step between trades helps reduce over-trading and controls risk.


• • No Martingale – Fixed lot size or user-defined scaling; no risky doubling after losses.


• • Multi-Pair Compatible – Works with any Forex pair, including Gold and major FX pairs.


• • Low Drawdown Strategy – Designed to keep risk low while maintaining steady profits.


• • Fully Automated – Just load it on your chart and let it run. No need to babysit.


• • MT4 Compatible – Built for MetaTrader 4 with .ex4 file included.


• • Customizable Risk Settings – Choose your lot size, take profit, and pip steps.


• • Perfect for Ranging Markets – Ideal when price bounces back and forth in a zone.


• • Free Lifetime Updates – Powered and maintained by YoForex.


• • Works on Small Accounts – Minimum deposit of $100 recommended.


• • No VPS Required – But a VPS is still nice to have for 24/5 uptime.

Backtest Proof & Live Performance

We ran PipStep EA on multiple symbols, but the juiciest results came from EURUSD and Gold (XAUUSD) on the M15 and H1 timeframes.

• Backtest Period: Jan 2022 – Jan 2024


• Initial Deposit: $500


• Profit: $2,650


• Max Drawdown: Under 12%


• Win Rate: Approx. 78%


• Trade Frequency: ~15 trades/week per pair

Installation & Setup Guide

1. Download PipStep EA V1.5 from this page on ForexFactory.cc.


2. Open MT4 → File → Open Data Folder


3. Navigate to MQL4 → Experts and paste the .ex4 file.


4. Restart MT4


5. Drag the EA onto any chart (preferably EURUSD or Gold on M15/H1)


6. Input your lot size, pip step, and TP/SL values


7. Click “OK” and enable AutoTrading

Why Use YoForex Tools?

• ✅ Live-tested on real accounts


• ???? Comes with free lifetime updates


• ???? Includes regular strategy optimizations


• ???? Includes transparent performance reports


• ???? Built by actual traders (not AI bots slapping code together)

Support & Disclaimer

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