DeePip
- Experts
- Erhan Karayigit
- Version: 1.1
- Updated: 23 April 2025
- Activations: 5
🌟 DeePip – Trend, Momentum, and Price Action Assistant 🌟
DeePip is an Expert Advisor (EA) that combines trend direction, momentum analysis, and price action signals to support traders' decisions. It can work on Major Forex pairs, but its best optimization is achieved with the EURUSD pair. It is suitable for both beginners and experienced traders.
Why DeePip?
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Trend Following and Momentum Analysis: Provides reliable signals with trend direction and momentum analysis.
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Time-Aware Trading: Prevents unnecessary trading activities with an intelligent timing algorithm.
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Risk Management: Wisely determines position size and maintains the stop-loss mechanism.
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Balance Management: Allows users to manage their balances in a balanced way, minimizing account risks.
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Ease of Use: Manages all operations with a simple setup, requiring no manual intervention.
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Long and Short Positions: Both long and short positions can be opened, and these can be defined parametrically.
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Stop Loss and Take Profit: Strategy can be managed with user-defined stop-loss and take-profit levels.
How It Works:
DeePip detects pullbacks and price movements in the direction of the trend through multi-timeframe analysis. Positions are only opened when specific conditions are met, preventing emotional decisions and panic.
Best Use Scenarios:
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EURUSD and other Major Forex pairs
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M15 timeframes
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Traders looking for rule-based automation
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Intra-day and short-term trading strategies
Important Notes:
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Fully automatic, no manual intervention required.
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Does not use scalping, grid, or martingale strategies.
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Backtesting and forward-testing are recommended before live use.
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Designed as a positive expectation strategy.
Parameters:
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Risk Percent: Determines the risk per trade based on the account balance (default: 2%).
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Reward Ratio: Risk/reward ratio (default: 1.5).
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Max Trades Per Day: Maximum number of trades per day (default: 2).
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Entry Buffer (pips): Entry buffer (default: 2.0).
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Stop Loss Buffer (pips): Stop-loss buffer (default: 5.0, ideal: 2).
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Maximum Spread (pips): Maximum spread (default: 5, ideal: 2).
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Maximum Lot Size: Maximum lot size (default: 0.5).
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Start Time: Trading start time (default: 1).
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End Time: Trading end time (default: 23).
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Short Trade Active: Determines whether short positions are active (default: false).
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Long Trade Active: Determines whether long positions are active (default: true).