PipFinite Breakout EDGE is an indicator that was published in the mql5 marketplace on January 9th of 2019. The author Karlo Wilson Vendiola runs the PipFinite website and has published 12 products on the website thus far. The indicator was recently updated to version 3.0 to make some compatibility improvements.
This indicator was designed to operate on MT4 and claims to follow a step-by-step system that identifies the most powerful breakouts. The strategy is supposedly tested and proven to discover market patterns that can yield impressive rewards for traders. The creator outlines three easy steps for placing a trade:
- Enter a signal (the success rate must be equal to or more than 66%)
- Set stop loss
- Set take profit
The indicator then auto-detects entry, exit, stop loss, and take profit levels and auto-calculates statistics for each signal. It doesn’t repaint or recalculate. It works with all timeframes and symbols and is designed to be compatible with all Expert Advisors. The automatic calculations for statistics results are one of the highlights, as it provides more reliable data that gives out a success rate for the trade, thus giving traders the confidence they may need to follow through. The indicator also comes with a user manual and the developer has included step-by-step instructions and a YouTube tutorial video to help explain the setup process.
There are three separate pricing options for acquiring the indicator. Users can buy it outright for $98 USD, or rent it at a rate of $58 USD for 1 month or $88 USD for 1 year. The yearly cost of renting the indicator is only $10 less than buying, so we would recommend simply buying it if you think you’ll be using it for that long. The monthly price is rather high, but this indicator has received enough positive feedback to make it worth investing in. Note that there is a 5-time limit on the number of activations once the indicator is owned and exceeding that number would require traders to buy the software again.
PipFinite Breakout Edge has been on the receiving end of multiple 5-star reviews from users that have managed to turn a profit using it. Here are some examples of what consumers are saying:
“Very good indicator! Brought in profits” -disheng91
“I bought the indicator nearly one month ago. Great results, no lag, no repaint. Good job!” -yarixsegona
“This indicator is almost scarily good…I had my doubts and I wondered if this was another fake indicator with paid reviews…I was not paid for this review and I am telling you this indicator is the business! If you are skeptical like I was, just invest the monthly fee and give it a chance for one month and you will not regret it!” -mslightbourne
In fact, almost every user that commented on the thread wrote that they had good results, but some did mention that they used this indicator in combination with others. If you have a good trading strategy, then this indicator could help increase your profits greatly.
This Forex service can be found at the following web address: https://www.mql5.com/en/market/product/33638