PipTurbo Review
NFA Rule 2-43 (FIFO) Compatible
What's Included?
PipTurbo_V1.0a.ex4
5 .set Optimized setting files for each currency pair **NEW**
PipSpool.ex4 (Pipturbo's advance indicator)
Keltner Channels.ex4 (Another effective indicator used by PipTurbo)
Installation instructions
Settings guide
Performance ![]()
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*Note* We have been running PipTurbo since the start of April on a live account at FXopen with modified settings for the EURCHF pair. As you can see the results are fantastic!
If you want our optimized settings, join our mailing list to get them FREE!
PipTurbo while relatively new to the open public, has actually been around for years. The actual strategy behind the software has been implemented by one Carter Stevenson over the past 5 years. Carter is now a multi-millionaire of his strategy alone, and now has had this same multi-million dollar strategy turned into automated software.
The performance is out of this world! It just keeps winning and winning and when it rarely loses, they are not big drawdowns at all.
The best part about this EA is that it can perform extremely well on multiple currency pairs (EURUSD, EURCHF, USDJPY, GBPUSD and USDCHF) Many EA's are restricted to just one currency pair, but the power behind Carter's strategy coupled with powerful indicators allows it to trade all these currency pairs.
Another cool thing you will notice is that the takeprofit is always left un-set at 0.0000. What this means is that PipTurbo will monitor the trade throughout it's entire duration while monitoring the market as well. The strategy does a great job closing trades before major trends, and without being too greedy. Unlike most EA's where the takeprofit and stoploss are set at the beginning of the trade, and then it's just a matter of the price hitting either point, PipTurbo offers far greater control.
Features ![]()
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PipTurbo offers the most advance and state of the art features we have seen in an expert advisor to date.
PipTurbo uses two powerful indicators to find it's signals to trade on. These extremely powerful indicators are what keeps Carter's multi-million dollar strategy grounded even through the roughest times.
The first indicator is Keltner Channel...
What Does Keltner Channel Mean?
A volatility based 'envelope' indicator that measures the movement of stocks in relation to an upper and lower moving-average band.
Explaination of Keltner Channel
This indicator, named after Chester W. Keltner, is used by sophisticated investors to predict the trend of the market. An overbuy occurs when prices move above the upper band, and an oversell occurs when prices move below the lower band.
The second indicator is the newly developed and highly anticipated PipSpool. While they don't offer too much information about this indicator, we can tell you that it's doing it's job, that is for damn sure! Read more about it on their features page here
PipTurbo also offers many trading filters that will prevent the ea from trading if certain conditions are or are not met. Some of these are very important and most users will wish they were implemented in ever EA they try.
Time Based Filters:
- Because most of the conditions occur at the closing of American’s Market to Asian’s Session, PipTurbo will include a Time Based Filter.
- Trade time only 21-0 GMT general for all pair. A larger time frame can be used like 21-4 but backtests will show fewer losses if kept at the 21-0 timeframe.
- No trades during the first 2 hours on Mondays. Many surprise moves here.
- No trades on Friday after 8 GMT.
- No trades from 20th of December to the end of the first week of the new year as this is one of the worst periods to trade.
Daily filters:
- No trades if the previous Daily close was above/below 2 deviations of Bollinger Bands.
You can avoid this rule to set TradeOutSideBand’s value to TRUE.
- No trades if current 5 Period of Daily Chart showing above MaxDayAtr.
- No trades if the previous days range is too low. Too low is defined as (yesterday high – yesterday low) is less than the current 5 day ATR. You can avoid this rule by setting TradeLowRangeDay value to TRUE.
PipTurbo Money Management
Unlike most expert advisors that use basic money management systems, PipTurbo's money management offers much safer gains. What we mean is the trade sizes won't increase dramtically after just a couple wins in a row like most other systems. We use a formula that monitors both signal strength, and trading history to determine inreased lot sizes.
These are just some of the features that has helped keep PipTurbo on top of the game, and dominating the market with consistent profits, and low drawdowns. There are many more features offered, but we don't want to ruin the surprise! :)
PipTurbo Official Features Page
Reliability ![]()
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Reliability and consistency was the most important thing Carter Stevenson wanted when he had his strategy turned into software. He refused to release a half-assed product that might or might not make people money. Well with the amount of features and indication technology included with this bad boy, reliability has not been an issue!
Support ![]()
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We received replies to our questions within 5 hours which is quite surprising in this industry as some of you probably already know about. The questions were answered correctly with great detail and with a positive attitude.
Price ![]()
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$189.99
Great price for the ultimate expert advisor!
Overall ![]()
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If Forex Hacked is not for you, this is the one to get! Comes with optimized settings and the new EURGBP Scalper.









