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Boring Pips MT5

5

SPECIAL OFFER: Get 50% OFF on Boring Pips, now only $499!

Exclusively for the first 30 customers (Only 10 left). Contact me for more details.

Have you ever wondered why most expert advisors are not effective in live trading, despite their perfect backtest performance?

The most likely answer is Over-fitting. Many EAs are created to ‘learn’ and adapt perfectly to the available historical data, but they fail to predict the future due to a lack of generalizability in the constructed model.

Some developers simply don't know about the existence of over-fitting, or they know but don't have a way to prevent it. Others exploit it as a tool to beautify their backtest results, they add dozens of input parameters without considering statistical significance, making the trading strategy excessively tailored to historical data and attempting to convince others that their EA can achieve similar performance in the future.

If you are interested in this fascinating subject and want to get a deeper insight into over-fitting, please refer to my articles here:

Avoiding Over-fitting in Trading Strategy (Part 1): Identifying the Signs and Causes

Avoiding Over-fitting in Trading Strategy (Part 2): A Guide to Building Optimization Processes

There are several ways to avoid losing money on an expert advisor whose only ‘edge’ is reading past data, and the easiest way is NEVER TO USE AN EXPERT ADVISOR WITHOUT LIVE TRADING RESULTS FOR AT LEAST 5 MONTHS OR 300 TRACKED TRADES, REGARDLESS OF WHETHER IT IS FREE OR HAS GOOD BACKTEST RESULTS. Monitoring the performance of live trades is the simplest way to observe the performance of an EA with data it has never seen before.


Boring Pips optimization process - A rigorous validation process that creates a difference.

Boring Pips undergoes a comprehensive and tailor-made optimization process called Anti-overfitting. This is a robust optimization process implemented to eliminate any influence of overfitting on the trading system, ensuring the generality of the constructed model. Please refer to the article linked in Part 2 above for a more in-depth look at this process.

Anti-overfitting process consists of 3 stages:

-  Initial Optimization: This stage involves optimizing the Boring Pips using historical data from 2010 to 2019. The purpose of this phase is to test the initial premise of the trading strategy and extract the most robust parameters values. 

-  Walk-forward: In the second stage, the parameters that performed well in the first stage are tested using entirely new data ranging from 2019 to 2022. The objective is to ensure the trading system's stability with fresh data and evaluate the predictive power of the model.

-  Stress testing: Parameter values that pass the first two stages will undergo Stress testing. In this final test, a simulation algorithm is used to introduce variables like Noise and Lag to the initial entry and exit points (determined by the selected parameters from Walk-forward phase). The goal is to push the system beyond its 'comfort zone' and assess the system's tolerance to random factors such as lag and noise.

Live trading monitoring: The most robust parameter values extracted from Anti-overfitting process have been tested for trading performance with a real account since October 10, 2022. This account is being tracked via the link below.

Live trading performance/zh/signals/1801317

MT4 version for Boring Pips: MT4


Introduction to Boring Pips algorithm

Boring Pips trading system is a blend of cutting-edge artificial intelligence algorithms and classic trading strategies involving: momentum, supply - demand zones and Fibonaci retracement. Specifically, the EA employs an advanced formula based on deep learning algorithms to simultaneously measure the momentum of prices across 4 time-frames. This analysis helps identify instances where synchronization in the decline of price momentum at potential supply and demand zones, enabling the system to make informed trading decisions. The entire process, from signal scanning to entering and exiting positions, is completely automated in 4 steps:

- Step 1: An advanced algorithm is used to continuously scan the supply and demand zones, which are potential areas where prices are likely to react.

- Step 2: Boring Pips uses a sophisticated and unique algorithm created by artificial intelligence to detect any change in price momentum after a strong price movement across different time-frames.

- Step 3: The system makes trading decisions when the price loses momentum at previously identified supply and demand zones, predicting a reversal.

- Step 4: Boring Pips manages trades based on the probability distribution rule to ensure maximum exploitation of the trading edge that the entry point brings.


Features

 Name

 Boring Pips

 Version

 3.20

 Platform

 MT4, MT5

 Trading strategies

 Momentum, Supply and Demand zones, Fibonaci retracement,   Artificial intelligence

 Recommended pairs

 AUDNZD, NZDCAD, AUDCAD

 Time-frame

 M5

 MultiCurrency EA

 Yes. One chart for all symbols

 Takeprofit

 Yes. Trailing

 Stoploss

 Yes. Fixed

 Grid

 Optional

 Martingale

 Optional

 Manual Risk Manegement

 Yes. Stop entrying / Close all positions


Recommended installation

  •  Install Boring Pips on one of the AUDCAD/AUDNZD/NZDCAD chart, with a time-frame of M5.
  •  Trading symbols: select the trading currency pair (optimized for AUDCAD/AUDNZD/NZDCAD).
  •  Risk mode: select an appropriate risk mode (Boring, Low risk, Medium risk or High risk).
  •  Base balance: Choose the amount of Balance to allocate for trading.
  •  Personalization settings: please refer to the Detailed instructions.
  •  Risk Management settings: please refer to the Detailed instructions

- It is highly recommended to perform backtesting with high modelling quality data from third-party tick providers such as Tick Data Suite or Tick story.

- Please message me after purchasing the EA to receive full support.

If you have any inquiries or feedback regarding Boring Pips, please feel free to send me a private message




Reviews 6
kinao
161
kinao 2023.09.14 06:45 
 

I'm a big fan of strategies using the AUD/NZD/CAD pairs. I currently run several EAs with these pairs and have tested numerous other EAs. After testing the Boring Pips EA using data from the past 10 years, I've concluded that it can generate consistent profits when used correctly. Like all grid-based strategies, proper money-management is key. If not too greedy, it can achieve good long-term results.

Ck.
896
Ck. 2023.09.11 11:08 
 

The author is attentive, support and responses. I update my review in a few weeks.

Hao Pan
1255
Hao Pan 2023.09.09 22:09 
 

The author is very professional, patient and supportive. The results of the backtest match the trading history. Looking forward to long-term stable transactions, and looking forward to its machine learning mechanism not relying on frequent retraining and upgrading of EA

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EA has a live track record with 48 month of stable trading with low drawdown: Live performance MT4 version can be found here Perceptrader AI is a cutting-edge grid trading system that leverages the power of Artificial Intelligence, utilizing Deep Learning algorithms and Artificial Neural Networks (ANN) to analyze large amounts of market data at high speed and detect high-potential trading opportunities to exploit. Supported currency pairs: NZDUSD, USDCAD, AUDNZD, AUDCAD, NZDCAD, GBPCHF Timefra
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GOLD Way
Anton Kondratev
4 (9)
GOLD Way   is a Fully Automated, Open and Multi-Currency System for 5 pairs XAUUSD,XAUEUR,XAUGBP,XAUCHF,XAUGBP. Not  Grid , Not  Martingale , Not AI , Not Neural Network. Default Settings for One chart  XAUUSD H1 (Supports 1OHLC mode for weak PCs) Signals Protection GOLD WAY Guide Optimization Guide The System Exploits Vulnerabilities in the Gold market that manifest themselves in the Evening.  Each trade has a fixed SL and Virtual Profit Tracking. The System works on One XAUUSD H1 chart.  The
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Razor MT5
Anton Kondratev
5 (2)
RAZOR is a Multicurrency, Open and Fully Automated System with SL  About Settings    Default Settings for AUDCAD M15 for One Chart  The System has SL You can specify the maximum possible drawdown for yourself The Strategy is Based on Tracking the Return Strong Market Movements of the AUD + CAD + NZD currencies. Initially, the Algorithm uses the High Precision Scalper mechanism.  Then the Grid mechanism is activated to increase income during a Small DrawDown with SL. Standard Settings allow you
915 USD
The Forex Exchanger MT5
Fabio Cavalloni
5 (4)
All explainations about the strategy:  /zh/blogs/post/747470 Live signals:  Single instance of the EA:  /zh/signals/1416185 Multistrategy:  /zh/signals/1489462 Here I will explain only the EA inputs part. This EA will be consistently updated with new and unpredictable things that can bring its performance to a better level every day! Buying this EA you will not only got a powerful automatic trading system, but also all knowledge and e
1 399 USD
Phoenix Rig EA MT5
Sof'ia Vlasova
4 (4)
Phoenix Rig EA: The Advanced Correlation Matrix Expert Advisor is a state-of-the-art trading tool that combines correlation matrices, Convolutional Neural Network (CNN), and Long Short-Term Memory (LSTM) to identify trading opportunities. Using cutting-edge machine learning algorithms, Phoenix Rig EA analyzes relationships between financial instruments, revealing hidden patterns and trends. By executing trades based on correlated and counter-trending assets, it maximizes risk-adjusted returns. T
699 USD
Aura Black Edition MT5
Stanislav Tomilov
4 (18)
Aura Black Edition is a fully automated EA designed to trade GOLD only. Expert showed stable results on XAUUSD in 2011-2020 period. No dangerous methods of money management used, no martingale, no grid or scalp. Suitable for any broker conditions. EA trained with a multilayer perceptron Neural Network (MLP) is a class of feedforward artificial neural network (ANN). The term MLP is used ambiguously, sometimes loosely to any feedforward ANN, sometimes strictly to refer to networks composed of mult
1 750 USD
XT Prop Firms MT5
Marzena Maria Szmit
3.59 (74)
XT Prop Firms EA MT5 has been prepared for Prop Trading Firms to meet all the conditions that apply to such companies and you can also use it with any Broker by simply changing a few parameters. XT Prop Firms EA is a multicurrency version that supports the EURUSD, GBPUSD, USDJPY . There are three risk levels to choose from: Low, Medium and High. The robot uses the Pending system, which is visible in the tester, and we have optionally included a second system, which is disabled, if you want to us
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Neuron Net GOLD
Sugianto
4.42 (12)
Neuron Net GOLD is an integration of the Python programming language, deep learning machine and mql5 code to be able to predict XAUUSD price movements so as to produce entries and exits based on artificial intelligence. Signal  : Click Here   Why Neuron Net GOLD ? + Neuron Net GOLD has been through the research and development stage for almost 1 year, and has passed the testing phase on demo accounts and real accounts. + Neuron Net GOLD does not use martingale + Neuron Net GOLD is not sprea
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Divo EA
Anton Kondratev
4.14 (14)
DIVO EA is a Multi-Currency, Flexible, Fully Automated and Multi-Faceted Tool for Identifying Vulnerabilities in the Market Settings FAQ Optimization About Settings Real Monitoring How to install We NEVER Use Grid or Martingale !  After Buying EA, be sure to Write to ME in Private Messages, I will add you to a Private Group , send you set files and Additional detailed instructions. I am ready to help each buyer install and configure the advisor. Email Me Personally to get Additional BONUS  sett
715 USD
Prop Firm Pass EA
Bailey John Wickens
4 (4)
Introducing The Prop Firm Pass EA / Funding Challenge Pass EA - These settings have been optimised to try and pass prop firm challenges such as FTMO, My Forex Funds and E8 Funding to name a few. Works on any Prop Firm / Funding Firms Final weekend SALE - New Price Soon $999 This EA has been tested every month since the start of 2022 Months Tested: 20 Months Passed: 20 Months Failed: 0 This EA and settings have been optimised to take advantage of small breakouts. Winning small and often. As this
599 USD
Sun
Arthur Hatchiguian
3.82 (28)
Sun  is an aggressive  multi-cycle  scalper designed for  EURUSD M1 . Each cycle is  independent.  it uses a sequence of orders and has its own  TP  and  SL . It uses a  martingale  system. This EA is using  strong recurrences  of the past to take position and achieve a  high success rate . It is very important to read the blog post before you start. The   minimum   deposit is   $100   for a 1:500 leverage. An   autolot   system is   included .  I recommend to use a   1:500 ECN   account wit
999 USD
The Silver Trader
Anna Poraj
5 (5)
IMPORTANT!: The Silver Trader uses real-time data analysis, so back testing isn't supported. Discover a new way to trade silver with The Silver Trader. It's a fully automated Expert Advisor that's easy to use and gives you real-time trading insights. Key Features: Smart Trading Logic: The Silver Trader uses smart algorithms to give you real-time signals for the XAGUSD market Focused on 5-Minute Timeframe: The Silver Trader now works best with the 5-minute timeframe (M5). It looks at important
625 USD
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Boring Pips MT4
Thi Thu Ha Hoang
5 (3)
SPECIAL OFFER: Get 50% OFF on Boring Pips, now only $499!  Exclusively for the first 30 customers (Only 10 left) . Contact me for more details. Have you ever wondered why most expert advisors are not effective in live trading , despite their perfect backtest performance ? The most likely answer is Over-fitting . Many EAs are created to ‘learn’ and adapt perfectly to the available historical data, but they fail to predict the future due to a lack of generalizability in the constructed model. Som
499 USD
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kinao
161
kinao 2023.09.14 06:45 
 

I'm a big fan of strategies using the AUD/NZD/CAD pairs. I currently run several EAs with these pairs and have tested numerous other EAs. After testing the Boring Pips EA using data from the past 10 years, I've concluded that it can generate consistent profits when used correctly. Like all grid-based strategies, proper money-management is key. If not too greedy, it can achieve good long-term results.

Ck.
896
Ck. 2023.09.11 11:08 
 

The author is attentive, support and responses. I update my review in a few weeks.

Hao Pan
1255
Hao Pan 2023.09.09 22:09 
 

The author is very professional, patient and supportive. The results of the backtest match the trading history. Looking forward to long-term stable transactions, and looking forward to its machine learning mechanism not relying on frequent retraining and upgrading of EA

Timothy M (Vantage)
75
Timothy M (Vantage) 2023.09.07 09:38 
 

I'm highly impressed with the Boring Pips EA. The backtest results are impressive, and the live signal data demonstrates the EA's consistent and valuable performance. I'm confident in the Boring Pips EA's potential for long-term success.

magician999
110
magician999 2023.09.04 03:24 
 

Great Communication from the Seller , backtest is impressive and Live signal is showing great value of the EA.

Lee Bryant
1314
Lee Bryant 2023.08.23 05:44 
 

Excellent seller with great communication, EA has impressive backtest results.

Reply to review
Version 3.2 2023.08.22
Update version 3.2: Changing the way input symbols are entered.