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Pipbreaker v3.0 Contents

The document provides instructions for installing and using the Pipbreaker indicator on the MT4 trading platform. It explains how to install Pipbreaker, log in using your email and MT4 account number, and access the indicator's input settings. The input settings allow traders to customize options like take profit, stop loss, trading modes, trade alerts, and what information is displayed on charts. Pipbreaker aims to help traders effectively manage trades and profits by offering recommended risk/reward ratios, targets, and signals across different trading styles and time frames.

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281 views9 pages

Pipbreaker v3.0 Contents

The document provides instructions for installing and using the Pipbreaker indicator on the MT4 trading platform. It explains how to install Pipbreaker, log in using your email and MT4 account number, and access the indicator's input settings. The input settings allow traders to customize options like take profit, stop loss, trading modes, trade alerts, and what information is displayed on charts. Pipbreaker aims to help traders effectively manage trades and profits by offering recommended risk/reward ratios, targets, and signals across different trading styles and time frames.

Uploaded by

Fight For Right
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
You are on page 1/ 9

CONTENTS

Introduction......................................................................................................................................2
Installation & Login..........................................................................................................................2
Indicator Input Settings (or) Exciting Features ................................................................................2
1. Current Version ........................................................................................................................3
2. Check For Latest Updates .........................................................................................................3
3. Logout .......................................................................................................................................4
4. Take Profit ................................................................................................................................4
5. Manual TP (in pips) ..................................................................................................................5
6. Stop Loss ...................................................................................................................................5
7. Manual SL (in pips) ...................................................................................................................6
8. Trading Modes ..........................................................................................................................6
9. Trade Alerts (ON/OFF) .............................................................................................................7
10. Trading Sessions (Show/Hide) .................................................................................................7
11. Buy/Sell Arrows (Show/Hide) ..................................................................................................8
12. Buy/Sell Lines (Show/Hide) .....................................................................................................8
13. Accounts Info (Show/Hide) ......................................................................................................9
INSTRUCTIONS FOR USING PIPBREAKER

Introduction
Thanks for getting Pipbreaker for your MT4. We hope you will have a wonderful
trading experience ahead with the new and exciting features in Pipbreaker. Let's
get started with how to set up this on your trade station for your usage.

Installation & Login


Follow the below steps to Install and perform your first successful login.

1. Install the Pipbreaker.exe file you have received.

2. Close and open your MT4 Trade Station once your pipbreaker installation gets
over.

3. Now click on Insert Indicators Custom Pipbreaker.

4. Now you will see a 'Login Form' on your active chart.

5. Just enter your 'Email Address' and the Password as your 'MT4 Account
Number' by default.

6. If you're an existing signals app user, then your password is same as that of
signals app account.

7. Now you can access the Forex Signals App & Pipbreaker using the same login
credentials.

8. That's it, now you're done and can use your Pipbreaker on your charts.

Indicator Input Settings (or) Exciting Features


In this version you have got several input settings which can be used to handle the
trades more effectively so that you can get highly benefited from it.

In order to access these options, press CTRL + I to get the 'Indicator List' pop-
up. Then choose Pipbreaker from the list and click 'Edit'. In the window that
appears, click on the 'Inputs' tab to find the below listed options.
1. Current Version
It offers you with the info on the current version of Pipbreaker Indicator you are
using in your MT4/MT5.

2. Check For Latest Updates


It lets you know whether you have enabled or disabled auto-update feature of
Pipbreaker.
3. Logout
This is a setting which helps you to log out of the Pipbreaker and no one else can
use it without your credentials again.

4. Take Profit
Now you can choose whether to go on with the minimum recommended Target,
which is given by us for your trades or switch to 'Manual TP' where actually you
can enter your desired TP value.
5. Manual TP (in pips)
When you have enabled the Take Profit settings to 'Manual TP', then automatically
the trade will be calculated based on the pip value you offer here and will be
displayed to you on all upcoming trades.

6. Stop Loss
Now you can choose between the default recommended risk to reward ratios 1:1 &
2:1 given by us or you can switch to 'Manual SL' where, you can actually enter
your desired SL value. Also, you can trade manually considering the next opposite
signal as the trade exit point.
7. Manual SL (in pips)
When you have enabled the Stop Loss settings to 'Manual SL', It automatically
calculates the trade based on the pip value you offer here and It will be displayed
to you on all upcoming trades.

8. Trading Modes
Now you have got 3 different modes of trading that suits your own trading style.

 Scalping - You can better make use of it if you're just looking for some
quick trades.
 Short Term Trading - You can use this mode for making trades which last
for 1 or 2 days.
 Long Term Trading - You can use this mode if you're really interested in day
trading and want to making more consistent profits like a professional trader.

Based on the trading mode you choose, the accuracy of the signal differs. Also, the
trade’s recommended Target Values & Stop Loss Value changes with the Trading
modes and time frame.
9. Trade Alerts (ON/OFF)
You can enable or disable the new trade and update alerts within the MT4/MT5.

10. Trading Sessions (Show/Hide)


You can enable or disable the Trading Session marking on the charts as per your
need.
11. Buy/Sell Arrows (Show/Hide)
You can enable or disable the Buy & Sell arrows on the charts as per your need.

12. Buy/Sell Lines (Show/Hide)


You can enable or disable the Buy & Sell lines on the charts as per your need.
13. Accounts Info (Show/Hide)
You can either choose to Show or Hide your Account Related Info on the charts as
per your wish.

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