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PipsLocker MT5 (MT5) — review, price and free alternatives
MT5 indicator$59 on MQL5by Yuriy Lyachshenko
PipsLocker MT5 is a MetaTrader 5 indicator by Yuriy Lyachshenko, sold on the MQL5 Market for $59. It can't be downloaded here: buy it, or try its free demo, on its MQL5 page. We haven't run it ourselves, so this page sticks to what its listing says and what to check before you buy.
PipsLocker MT5 — key facts
- Platform
- MetaTrader 5 (MT5)
- Product type
- Indicator
- Developer
- Yuriy Lyachshenko
- Price
- $59
- Listing
- MQL5 Market (mql5.com)
- FxRobotEasy verification status
- FxRobotEasy has not traded PipsLocker MT5 on a live account and publishes no broker-verified performance record for it.
Last updated
What the developer says
The indicator shows the trend direction, entry points, and the most suitable exit points for trades.
Before you buy PipsLocker MT5
What the developer claims
- It also displays statistics for all signals to improve trading analysis.
- MT4 version of the indicator Features This indicator does not repaint.
- It can be used to trade any asset: cryptocurrencies, stocks, metals, indices, commodities, and currencies.
Quoted from the listing. We have not tested these claims.
What to check first
- The free demo first. The MQL5 Market lets you run a free demo of a paid MT5 indicator in the Strategy Tester before you buy.
- Updates and support. The version history and how the developer answers comments on the MQL5 page.
Editorial notes on PipsLocker MT5
Compiled from its public MQL5 listing. FxRobotEasy has not traded PipsLocker MT5; what these notes say about how it works comes from that listing.
Overview
This comprehensive 2026 PipsLocker MT5 review examines real performance and trading analysis to help you make informed decisions. PipsLocker MT5 by Yuriy Lyachshenko represents a comprehensive automated trading solution for MT5 traders. What sets PipsLocker MT5 apart is its balanced approach to trade execution and capital preservation.
Risk notes
PipsLocker MT5 implements a moderate risk profile with configurable parameters for different trading styles. The system uses stop losses on all positions and employs dynamic position sizing based on account equity. Recommended minimum account size ensures proper risk distribution.
Listed strengths
- MT5 platform compatibility
- Developed by experienced Yuriy Lyachshenko
- Includes risk management features
Worth checking
- Requires adequate account capital
- Not suitable for all market conditions
- Needs proper configuration
Setup
Installing PipsLocker MT5 on MT5 requires copying the EA file to your platform's Experts directory. After restart, attach to appropriate charts and configure risk parameters. Always backtest with historical data before live deployment.
Free to try · from FxRobotEasy
Prefer a robot that trades for you?
Our robots at work. Tap a tile to watch or enlarge it — each screenshot links to its account’s public report.
Trendopedia AIby FxRobotEasy
Our trend-following robot for the major FX pairs
- Get the installer on a Windows PCNo sign-up to download. On a phone, send yourself the link.
- Run it and sign in inside the appGoogle, Telegram or e-mail — about 10 minutes in all.
- Pick Trendopedia AIIt starts on a free demo account: virtual money, every trade visible.
FxRobotEasy on Telegram
The team's notes, every day
- What we ship, what breaks and how we fix it
- Trendopedia AI in our bot — set up from your phone, run it on a Windows PC
- Questions answered in the bot
PipsLocker MT5 or Trendopedia AI?
| PipsLocker MT5 | Trendopedia AI | |
|---|---|---|
| How you get it | Buy on MQL5 ($59) | Free installer; runs on a demo account first |
| Platform | MT5 | MT5 |
| Public account reports | — | Yes — see the screenshots above |
| Made by | Yuriy Lyachshenko | FxRobotEasy |
PipsLocker MT5 — questions
What is PipsLocker MT5?
PipsLocker MT5 is a MetaTrader 5 indicator published on the MQL5 Market by Yuriy Lyachshenko, priced at $59 USD. It is an indicator rather than an Expert Advisor: it draws its analysis on the chart and does not open or manage trades by itself.
Does PipsLocker MT5 work on MT4 or MT5?
PipsLocker MT5 runs on MetaTrader 5, not MetaTrader 4. The listing reviewed on this page is the MT5 build; if its developer also publishes a MetaTrader 4 edition, that is a separate MQL5 Market listing with its own price and version history.
How much does PipsLocker MT5 cost?
PipsLocker MT5 is a paid product listed at $59 USD on the MQL5 Market, the price recorded when its listing was last checked on 2026-09-09. It is sold and downloaded through the developer's (Yuriy Lyachshenko) page on mql5.com; FxRobotEasy neither sells it nor hosts the file.
Is there a verified track record for PipsLocker MT5?
FxRobotEasy has not traded PipsLocker MT5 on a live account, so no independently verified track record for it is published here. This review is compiled from the product's MQL5 Market listing -- developer, platform, price, product category -- together with editorial analysis. Any back-tested or simulated figures shown alongside it are simulations rather than live trading results, and any performance claim you find for PipsLocker MT5 elsewhere comes from its developer or from a third party.
Similar expert advisors
Product data from the MQL5 marketplace. Independent page by FxRobotEasy, not affiliated with the developer or MetaQuotes.
Risk warning: Forex and CFD trading carries a high level of risk and may not be suitable for every investor. Past performance is not indicative of future results. Read our risk warning and review methodology.