PipJet Forex Robot Review

PipJet Forex Robot Review -Is PipJet Robot a scam?

◘ Robot Name: PipJet

◘ Robot Platform: MetaTrader-4

◘ Robot Type: 4 and 5-digit Forex Robot

◘ Price: $97 (Free Updates)

Introduction to the PipJet Forex Robot

PipJet is a Forex robot developed by the team behind Forex Megadroid. It specializes in trading the USDCAD currency pair. PipJet operates on the MetaTrader 4 platform and can be used with an account balance as low as $100. The robot is available for a one-time fee of $97, with all future updates provided free of charge.

PipJet Main Trading Features

◘ Opens positions primarily during the Asian session.

◘ Positions are held within an intraday timeframe, with each trade lasting up to a maximum of 18 hours.

◘ PipJet trades only under selective market conditions, typically opening 3–5 trades per week.

◘ PipJet offers the highest winning probability when trading the USD/CAD pair.

◘ Quick and easy to set up—use the default settings or adjust them to suit your individual trading style.

◘ PipJet’s trading strategy focuses on short-term speculation, targeting high-probability trend reversals within defined price channels.

Decision-Making Module

PipJet’s trading decisions are based on a proprietary indicator that combines readings from the RSI, Parabolic SAR, CCI, and Fibonacci levels.

i) If the indicator reaches 300 or above, PipJet receives a BUY signal.

ii) If the indicator falls to -200 or below, PipJet receives a SELL signal.

The Defensive Strategy Incorporated in PipJet

PipJet includes three (3) built-in tools to filter trades and accept only those that are safe and reliable:

1. PAI (Price Action Indicator)

   This generates a proprietary price ratio. Trades are rejected if the PAI value is below 30.

2. MDI (Mean Deviation Index)

   The MDI ranges between 1 and 70. Trades are rejected if the MDI is below 40.

3. 1-Minute Close Method

   If three (3) or more consecutive 1-minute bars close more than 5 pips above or below the defined channel, the trade is rejected due to a high probability of a channel breakout.

Additionally, PipJet has a built-in mechanism to detect and trade only during periods of lower spreads.

◘ PipJet Forex Robot Review -Is PipJet Robot a scam?

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