Pip Blazer V1 – Professional M1 Scalping & Recovery EA for GBPUSD (MT4)

Pip Blazer V1 is a professionally structured automated trading system developed for MetaTrader 4, optimized for GBPUSD on the M1 timeframe.
The EA is designed to capture high-probability micro price movements using precision scalping logic combined with a controlled grid-based recovery strategy, aiming to deliver consistent profitability with carefully managed drawdown.

Unlike aggressive martingale systems, Pip Blazer V1 focuses on tight take-profit execution, disciplined lot scaling, time-filtered trading, and news-aware execution, making it suitable for traders who seek stability and consistency rather than extreme risk.

Trading Strategy Explanation (How the EA Works)

Pip Blazer V1 follows a Scalping-First, Recovery-Second trading model, optimized for fast M1 price behavior.

1. Entry Logic – Precision M1 Scalping

The EA analyzes short-term momentum and price flow on the 1-minute chart and opens buy or sell trades only when high-probability micro-moves are detected.

• Trades follow immediate price direction
• No long-term guessing or trend prediction
• Designed for fast execution and quick exits

2. Fixed Small Take-Profit Structure

Each position targets a small fixed take-profit (30 points).

• Trades close quickly
• Exposure time remains low
• High win-rate behavior is achieved

This structure is the reason behind the 90%+ trade accuracy.

3. Grid-Based Recovery System

When price moves temporarily against an open trade:

• Additional positions are placed at fixed distances (Step: 150 points)
• Each new trade improves the average entry price
• Maximum trade depth is limited (Max Trades: 99)

This allows recovery during normal pullbacks, not extreme market moves.

4. Controlled Martingale Lot Scaling

The EA uses a moderate lot multiplier (1.667).

• Lot sizes increase gradually
• No aggressive doubling
• Risk escalation remains controlled

This balances recovery speed with capital protection.

5. Basket Take-Profit Management

All open trades are treated as one basket.

• Positions close together once basket profit is reached
• Individual stop losses are not required
• Equity growth remains smooth

6. Time & News Protection Filters

To avoid unstable conditions, the EA includes:

• Trading only between 02:00 – 22:00
• Friday trading limited to avoid weekend gaps
• High-impact news filter enabled
• Spread protection to avoid bad execution

Capital Requirements & Risk Profile (Very Important)

Recommended Account Balance

• Minimum Balance: $1,500 (not recommended for safety)
• Safe Balance: $3,000 – $5,000
• Optimal Balance: $5,000+

Higher balance allows the grid and recovery system to work safely and efficiently.

Risk Level

• Risk Type: Medium
• Drawdown Observed: ~7% in backtest
• Designed for capital-aware traders, not gamblers

Broker & Execution Requirements

• Broker Type: Low-spread ECN broker
• Spread: Tight (especially on GBPUSD)
• Execution: Fast (VPS strongly recommended)
• Leverage: 1:200 or higher
• Platform: MetaTrader 4 (MT4 only)
• Pair: GBPUSD only

Poor execution or high spreads can increase drawdown.

Performance Behavior (What to Expect)

• High trade frequency
• Very high win rate (~90%)
• Small but frequent profits
• Short loss streaks
• Smooth equity growth over time

This EA is designed for steady intraday performance, not aggressive compounding.

Who Should Use Pip Blazer V1?

This EA is suitable for:

✔ Traders familiar with scalping & grid logic
✔ Accounts with proper capital buffer
✔ VPS users
✔ Traders seeking consistency over hype

❌ Not suitable for very small accounts
❌ Not suitable for traders expecting zero drawdown

Final Professional Verdict

Pip Blazer V1 is a well-engineered M1 scalping EA that combines:

• Precision entry logic
• Structured grid recovery
• Controlled martingale scaling
• Strong execution filters

When used under recommended conditions, it provides a stable, disciplined, and statistically reliable automated trading solution suitable for long-term deployment.