Pip Android was released in February 2010. This expert advisor uses four pairs: EURCHF, USDJPY, GBRUSD, AUDNZD and works on two timeframes - H1 and H4.

This EA shows stable results on backtests and nice profit. Backtest on H4 timeframe is better than on H1. Pip Android developers recommend that you use it on H4 timeframe, because it is better for the low risk trading. Don't use this robot on timeframe below H1 - it will make unpredictable results. Drawdowns are not so small, but for long term tests it's Ok. Good news is Pip Android is not so sensitive to the spread.

This system is easy in use if you have some prior experience in forex trading and this EA provides a set of free pre-launch bonus indicators and exclusive discounts. Website of this EA contains complete backtest results and a forward test as well.

Pip Android performs good only during normal market. It can be unstable during weeks with high impact news releases, so beware and don't leave it unattended!

As ever I was among betatesters. I was betatesting the robot and here is the first backtest:

pipandroid backtest

Its hard to draw any conclusions now. I have placed it on the forward test. Robot looks good so far. However the strategy does not look new - it seems it is new Ausian scalper for EURCHF.