All,

This version of Pipmaker..Piplite doesn't care if you have a 4 decimal or 5 decimal broker. None of the settings requires you to enter "pips", that is, unless you personally like a stop loss. There is code in Piplite that takes into account a stoploss of 0 (zero). Since this is an equity based trader, it only cares about the money in your account. Therefore, MM doesn't need 5 decimal configuration. I put the broker decimal set in Blessing and Blessing needs it for its grid, Piplite doesn't.

If you really want a stop loss, just add a trailing zero to your pip entry if you are trading with a 5 decimal broker (not for 4 decimal!), i.e: 50 pip stop loss, 500 in the SL menu set option.

As far as backtesting goes, the set files I added were the only pairs that backtested without losing. If you set up your initial account balance properly and leave your equity protection set at 50%, you will NEVER drain your account because Piplite will stop trading when it hits the 50% level.

Please read the doc file attached to this thread so you completely understand how equity protection works and know that, unlike Pipmaker, Piplite will never drain your account.

v/r

__________________
Jeff
J Talon Associates
Investment Management