Your browser, your MT5, the broker you choose
PipLoop runs in your browser. Everything that reaches your account goes through the PipLoop EA in your MetaTrader 5 desktop terminal, on the account and at the broker you choose.
- MetaTrader 5 desktop terminalRequiredThe PipLoop EA and its two Services run inside the MT5 desktop terminal, logged in to your account. The MT5 phone apps can't run EAs.
- Any broker that offers MT5SupportedPipLoop keeps no list of brokers. It works with whichever MT5 account your terminal is logged in to, at the broker you choose.
- DEMO accountsSupportedReal market prices, no real money. For now, the PipLoop programs in MT5 run on DEMO accounts only. AutoDrive also needs hedging margin mode.
- LIVE (real-money) accountsNot supportedNot yet. For now, the PipLoop Services in MT5 stop on their own when the terminal is logged in to a LIVE account.
- MetaTrader 4Not supportedPipLoop works with MT5 only. There's no MT4 version.
- Always-on computer or VPSRequiredOnly for what runs through MT5: orders from Chart Workspace, and AutoDrive and Flows running on your account. Keep the terminal open and online; many traders use a VPS.
- Web browserRequiredPipLoop is a web app. Use an up-to-date browser on desktop, tablet or phone. Apart from the PipLoop programs for MT5, there's nothing to install.
- Phone and tabletSupportedUse PipLoop in your phone's browser or add it to your Home Screen. AutoDrive has its own phone layout, and price alerts can arrive as push notifications.
- App languageSupportedThe app interface is in English. The website and the Playbook setup templates come in 16 languages.
Frequently asked questions
Yes. The web app runs in any up-to-date browser, Mac included. The PipLoop EA runs inside the MT5 desktop terminal, which has to stay open on a computer or VPS. Many traders run MT5 on a Windows VPS and reach it from a Mac with a Remote Desktop app.
Only for what goes through MT5: orders from Chart Workspace, AutoDrive and Flows running on your account, and the account data your Journal records. Flow decisions run on PipLoop's server, but the orders still go through your EA. Backtest and Playbook run in the browser.
Yes. An MT5 terminal is logged in to one account at a time, so each account needs its own terminal and its own EA API key. Your plan sets how many accounts you can connect.
Not yet. For now, the PipLoop programs in MT5 run on DEMO accounts only and stop on their own on a LIVE account. A DEMO account gives you real market prices with no real money, and it's where we recommend you practise any setup first.
You don't need one from an app store. Open PipLoop in your phone's browser, or add it to your Home Screen to open it like an app. To get price alerts as push notifications on iPhone or iPad, add PipLoop to your Home Screen first.