What's included
- Latest versionThe current build from the MQL5 Market
- Installed for youSet up in your MT5, usually within hours
- Installation guideStep-by-step PDF with screenshots
- Optimised presetsReady-to-use configuration files
- Future updatesAvailable instantly inside MT5, free
- Email supportHelp with setup and technical issues
What our customers say
Selected Trustpilot feedback about CheaperForex support, setup and service.
Boring Pips EA MT5
Boring Pips EA MT5 brings automated momentum and supply-and-demand trading to AUDNZD, NZDCAD and AUDCAD.
- Three currency pairs managed from one M5 chart.
- Four risk modes, capital allocation and drawdown controls.
- A developer-linked trading record with years of history to examine.
Read our Boring Pips signal & risk review · View the MT4 edition
Original price was: $399.00.$229.95Current price is: $229.95.
- Current developer build from the MQL5 Market. Every future update lands inside your MT5 the moment the developer releases it, at no extra cost.
- We install it into your MT5 for you, usually within hours of purchase. See how it works
- Change your mind? Full refund within 7 days, as long as the EA has not been activated.
What's included
- Latest versionThe current build from the MQL5 Market
- Installed for youSet up in your MT5, usually within hours
- Installation guideStep-by-step PDF with screenshots
- Optimised presetsReady-to-use configuration files
- Future updatesAvailable instantly inside MT5, free
- Email supportHelp with setup and technical issues
Boring Pips EA MT5 trades AUDNZD, NZDCAD and AUDCAD using momentum analysis, supply-and-demand zones and Fibonacci-based exits. It monitors the three currency pairs from one M5 chart, with selectable risk modes and controls over position size, trade groups and drawdown.
A currency EA with a substantial public track record
Boring Pips stands out for the length of the developer’s public trading record. The main IC Markets signal displays account history stretching back to 2022, giving buyers far more to examine than a brief launch-period profit curve. The linked signals run the MT4 edition; our Boring Pips MT5 review explains the evidence, settings changes and drawdowns before comparing the editions.
What Boring Pips does
- Looks for slowing momentum: the developer describes analysis across four timeframes to identify potential reversals around supply-and-demand areas.
- Trades three Forex crosses: AUDNZD, NZDCAD and AUDCAD, with multi-currency operation from a single chart.
- Offers four risk modes: Boring, Low, Medium and High, alongside a capital-allocation input.
- Controls exposure: configurable trade-group limits and drawdown-triggered actions to stop entries or close EA positions.
- Manages entries and exits: the latest release notes add entry modes, group-closing modes and a scheduled trading pause, with spread checks covering both opening and closing trades.
At a glance
| Platform | MetaTrader 5 Expert Advisor. |
|---|---|
| Markets / chart | AUDNZD, NZDCAD and AUDCAD; one M5 chart. |
| Starting balance | The developer recommends at least $500 for the three-pair setup. Suitable exposure depends on your risk settings and account conditions. |
| Trading style | Reversal-oriented currency trading; grid and martingale options are available. |
| Our price | $229.95. |
Understand the trade grouping: the public manual documents grid and martingale as enabled by default. These options can be disabled, but changing them changes the strategy you are evaluating. A long history does not remove the possibility of substantial floating losses: the main signal recorded 38.57% relative equity drawdown at our 11 September 2026 check.
Prefer MetaTrader 4? We also stock Boring Pips EA MT4. Choose the edition for your terminal; the two platforms require different EA files. For a fuller comparison, see the signal, risk and MT4-versus-MT5 review.
Official Boring Pips MT5 listing · Public manual · Developer’s IC Markets signal
Delivery: managed MQL5 installation of the latest available version. Your order includes the README delivery instructions. You can check for and install developer updates yourself at any time.
FAQs
Which pairs and timeframe does Boring Pips MT5 use?
The recommended pairs are AUDNZD, NZDCAD and AUDCAD. Run the multi-currency EA on one M5 chart and select the intended symbols in its settings.
Does Boring Pips use grid or martingale?
Both are configurable options. The public manual documents them as enabled by default. Disabling either changes the trading configuration, so evaluate that setup rather than assuming the public signal will match it.
Is the linked long-running signal an MT5 account?
No. The developer’s Medium Risk and Low Risk signals are MT4 accounts. They provide a record for the Boring Pips system, but do not independently verify identical results for the latest MT5 build.
Which version is supplied, and can I update it?
Managed installation supplies the latest version available on MQL5. You can check for and install developer updates yourself at any time.
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How buying from us works
Genuine build, installed for you, refund if you change your mind
CheaperForex buys the current build from the developer's live MQL5 Market listing and installs it on your machine through a CheaperForex-managed MQL5 account. That is why the price is lower than buying direct: you get one managed installation on one Windows PC or VPS, rather than a purchase recorded in your own MQL5 account.
- 1Order and pay
Card, Apple Pay, Google Pay or crypto, with 20% off for crypto at checkout.
- 2We arrange the installation
We connect to your Windows PC or VPS at a time that suits you and set the EA up inside MT5, usually within hours of purchase.
- 3Activate on one machine
The EA runs on that PC or VPS, in up to 10 MT5 terminals, with no subscription. The managed MQL5 account stays signed in there.
- 4Every update, instantly
Each new version the developer publishes appears inside your MT5 straight away, at no extra cost. Setup help is available by email and Telegram whenever you need it.
Not happy, or decided you would rather not have us connect to your machine? Ask within 7 days of purchase and, as long as the EA has not been activated, you get a full refund. Once activated, the license is assigned to that machine and cannot be refunded.
The purchase is not added to your personal MQL5 account and does not appear in your MQL5 purchase history. The managed account stays signed in on the activated machine, so moving or reinstalling the EA is done with our help, which is included.
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Frequently Asked Questions
Yes! All products listed on our site are in stock and ready for immediate activation.
No waiting periods, no group buys. Purchase today, get it activated today.
Yes — this is a lifetime license. Once activated, it's yours permanently with no expiry, no renewals and no ongoing fees.
Each purchase covers a single computer activation. On that machine you can run it across multiple MT5 terminals and use it with as many broker accounts as you like. If you need it on a second computer, you'd need a second license.
Most customers install on a VPS they'll run for years and never need to think about it again. It's the trade-off for getting the same official product at a fraction of the MQL5 price.
You receive the official MQL5 license activated directly in your MT5 terminal, lifetime updates from the developer delivered automatically, and fast support from our team via Telegram and email.
If the developer provides any official user guides, presets or set files, we'll get them from the developer and send them straight to you. If the EA has an official community group, we'll do our best to get you access to that too.
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