Frequently asked questions about the Pip Brains Expert Advisor


What is the difference between the lite and advance version?

The advance version offers unlimited flexibility with over 60 settings to optimize including stop loss and take profit levels, trailing stops, reverse system, and full control of the exit and entry indicator settings. The advance package offers users the ability to completely change the way Pip Brains trades.

The lite version on the other hand, has just your basic risk, lots, magic numbers and max orders variables to change. You have some day and hour filters, and the ability to turn off any of the 3 strategies, but nothing compared to the flexibility of the advance version.

Please note: Both the advance and lite versions come with the exact same out of the box settings and will perform exactly the same.

How hard is it to use?

Pip Brains will include a detailed .pdf installation and instruction manual. It's as simple as placing the Pip Brains EA's in your Metatrader 4 experts folder, and then attaching each one to it's respective chart. That is basically it!

What's the refund policy?

30 day money back guarantee. If you are not satisfied with the performance within the 30day period, contact us and ask for a refund.

What about updates? Will there be any? And will they be free?

Yes updates will be uploaded to your members page when required and be free to download. Expect updates once every 1 to 2 months.

Is it a one-time payment? Or monthly recurring?

Just a one-time payment!

Does Pip Brains need to be running 24/7?

24/7? No, 24/5 more like it. If this seems unreasonable to you, I highly suggest looking into getting a VPS (virtual private server) to run your Metatrader 4 platform. You can get one for as low as $15 a month from Ultra Hosting Here

What other currency pairs does it work on?

Currently, Pip Brains is only supported on EURUSD, and USDCHF. We plan to support more currency pairs in the near future.

What's the recommended timeframe?

H1 is the recommended timeframe.

What brokers does Pip Brains work best on?

I recommend IamFX. This broker has proven to be the best performer when it comes to Pip Brains an automated trading in general. However, Pip Brains will work on just about any broker out there.

How often does it trade?

You can expect 5-10 trades on average each week if trading all four currency pairs.

Will Pip Brains work on NFA regulated brokers?

Yes, Pip Brains will work on NFA regulated brokers.

What's the minimum account size Pip Brains will work with?

Pip Brains will work on any account size, so don't be shy!