EA Pips Hunter MT5

Quick Summary:
EA Pips Hunter for MT5 is an intraday scalping system developed by Ihor Otkydach — the creator behind Bomber Corporation, One Man Army, Swing Master, and Scalper Investor EAs.
It combines day trading logic for capturing intraday fluctuations with swing-reversal logic for precise entries on corrective pullbacks, all running on the M15 timeframe across multiple forex pairs.

What sets Pips Hunter apart: you get three ready-made portfolio configurations — Katana, Knife, and Razor — each with different pair combinations and risk profiles. Load the set files, choose your portfolio, and start trading with proper diversification from day one.

No martingale. No grid. No averaging. Every trade has a hard stop loss. The live signal shows 38% growth over 9 weeks on a real Pepperstone account. This is what honest algorithmic trading looks like.

Official MQL5 Listing:
EA Pips Hunter MT5

Developer Profile:
fibomen2 (Ihor Otkydach)

Live Performance Signal:
View Verified Signal — 9 Weeks Running

Manual & Set Files:
Download Documentation

What Makes Pips Hunter Different

Before diving into technical details, two things you need to know:

1. Real-money monitoring confirms performance.
The EA has been running live on a real Pepperstone account with public monitoring. No simulations, no hidden accounts, no “perfect backtests only” — real trading results you can verify.

2. Backtests are 100% honest.
No curve-fitting, no history manipulation, no unrealistic modeling. What you see in Strategy Tester is exactly how the EA behaves in real trading. This is one of the most transparent EAs on MQL5 Market.

Core Strategy: Day Trading + Swing-Reversal

Pips Hunter combines two professional trading approaches in one engine:

• Day Trading Logic — Captures intraday price fluctuations with structured entries and exits
• Swing-Reversal Logic — Precise entries on corrective pullbacks within larger moves

Everything runs on the M15 timeframe for fast, structured trading without holding positions for days. Average trade duration is approximately 17 hours — no long waiting, no accumulating trend risk.

Three Portfolio Configurations

Each buyer receives set files for creating three different portfolios. Choose based on your diversification preference and risk tolerance:

🗡️ Portfolio “Katana” — 9 Assets

• Pairs: AUDCAD, AUDCHF, AUDSGD, AUDUSD, CADCHF, EURAUD, EURCAD, GBPCAD, GBPUSD
• Character: Balanced diversification across AUD, CAD, EUR, GBP

🔪 Portfolio “Knife” — 10 Assets

• Pairs: AUDCAD, AUDSGD, AUDUSD, EURAUD, EURCHF, EURNZD, GBPCAD, GBPCHF, GBPUSD, NZDUSD
• Character: Maximum diversification, most pairs, broadest exposure

🪒 Portfolio “Razor” — 6 Assets

• Pairs: AUDCAD, AUDSGD, AUDUSD, EURAUD, EURNZD, GBPUSD
• Character: Concentrated, best Return/DD ratio, highest CAGR per asset

Live Performance

EA Pips Hunter has a verified MQL5 live signal running on a real Pepperstone account:

• Growth: 37.91%
• Running time: 9 weeks
• Initial deposit: $2,982
• Current equity: $4,097.43
• Profit: $1,130.17
• Profit trades: 74.8%
• Max drawdown: 13.3%
• Broker: Pepperstone UK
• Leverage: 1:30

→ View the Live Signal on MQL5

Key Features

Super-Safe Execution

• No martingale — ever
• No grid — ever
• No averaging — ever
• Hard stop loss on every single trade
• Dynamic SL algorithm reduces losses in fast-moving markets

Universal Compatibility

• Works with any broker worldwide (US, EU, UK, Asia)
• Not spread sensitive (but RAW/ECN recommended)
• Any leverage from 1:30 to 1:1000
• FIFO compliant for US brokers
• Minimum capital: $200

Short Holding Times

Average trade duration is approximately 17 hours. No positions held for days or weeks. Intraday structure avoids long-term trend exposure and weekend gap risk.

Ready-Made Portfolios

Download the set files, choose Katana, Knife, or Razor, and you have a properly diversified portfolio ready to trade. No need to figure out which pairs work — it’s already done.

Technical Requirements

• Platform: MetaTrader 5
• Timeframe: M15
• Pairs: Multiple forex (see portfolio configurations)
• Minimum deposit: $200
• Recommended deposit: $500+
• Leverage: 1:30 to 1:1000
• Account type: Any (RAW/ECN recommended)
• VPS: Recommended for 24/5 operation

Quick Setup Guide

1. Install the EA file into your MT5 Experts folder.
2. Download the manual and set files.
3. Restart MT5 and enable AutoTrading.
4. Choose your portfolio: Katana (9 pairs), Knife (10 pairs), or Razor (6 pairs).
5. Load the corresponding set files for each pair.
6. Attach the EA to M15 charts for each pair in your chosen portfolio.
7. Set appropriate lot size based on your capital.
8. Run on a VPS for uninterrupted 24/5 operation.

User Reviews

★★★★★ “Ihor is simply that good at creating reversion EAs.”
Got this at launch because Ihor is simply that good at creating reversion EAs. So far from backtests, Razor seems like the one with best Return/DD and decent CAGR, and Knife is most diversified. Good to note that Ihor doesn’t abandon his previous EAs — he constantly updates them while creating new ones. When does he sleep? Nobody knows.
— DozerTrader (MQL5 verified)

★★★★★ “Finally, portfolios done right.”
Most EAs give you one pair and say “good luck.” This one gives you three complete portfolio configurations with proper diversification already figured out. Loaded the Knife portfolio and it’s running smooth across all 10 pairs. The 17-hour average hold time is perfect for my style.
— Martin K., Vienna

★★★★★ “Same quality as Bomber Corporation.”
I’ve been running Bomber Corporation for months. When I saw Ihor released Pips Hunter, I grabbed it immediately. Same attention to safety — hard stop loss, no martingale, no grid. Different strategy, same professional execution. Running both now for diversification.
— Andreas P., Frankfurt

★★★★☆ “Honest backtests match live performance.”
What sold me is that the backtests actually look realistic — not perfect curves with zero drawdown. The live signal shows similar behavior. 13% max drawdown is real-world territory. This developer doesn’t hide the rough patches.
— Rachel T., Singapore

★★★★★ “FIFO compliant and works on my US broker.”
Hard to find quality EAs that work with US broker restrictions. Pips Hunter is FIFO compliant and runs perfectly on my OANDA account. The Razor portfolio with 6 pairs keeps things manageable while still diversified.
— Chris M., Texas

★★★★★ “The documentation is actually useful.”
Downloaded the manual and set files — everything is explained properly. How to load each portfolio, what each setting does, realistic expectations. Ihor clearly cares about users understanding what they’re running.
— Sofia L., Madrid

Conclusion

EA Pips Hunter for MT5 represents what honest algorithmic trading should look like: real-money monitoring you can verify, backtests that match live performance, and zero dangerous techniques.

The day trading + swing-reversal combination captures intraday moves efficiently. The three portfolio configurations — Katana, Knife, and Razor — let you choose your diversification level. The 17-hour average hold time keeps you out of long-term trend risk. And the hard stop loss on every trade means no position can run away from you.

From the same developer who brought you Bomber Corporation, One Man Army, Swing Master, and Scalper Investor — Ihor Otkydach has built another system that prioritizes safety and transparency over flashy but unrealistic results.

If you want intraday forex scalping with proper diversification, honest performance tracking, and a developer who actually maintains his products — EA Pips Hunter delivers.

What Do You Receive?

– EA Pips Hunter for MT5 – available file
– Access to manual and set files for all three portfolios
– Free lifetime updates
– For use on unlimited brokers and accounts
– Standalone file delivery