Expert Advisors MT4 & MT5 New v1.0 · Updated Jun 16, 2026

PipCoach Companion

Put your AI coach on your MT4 or MT5 chart. Pip answers about the exact setup in front of you, grounded in your real account — strictly read-only, never trades for you.

MT4 & MT5
Both platforms
Read-Only
Never trades for you
Free
To try

About PipCoach Companion

The PipCoach Companion puts Pip — your AI trading coach — right on your MetaTrader 4 or 5 chart. Ask about the exact setup in front of you and get answers grounded in your real Pipstone account: your linked trades, your analytics, your journal. It is strictly non-trading and read-only — it never places, closes, or modifies orders, and never touches your funds. (Automatic trade-sync that auto-fills your analytics, journal, and portfolio is rolling out next.)

Key features

  • Pip on your chart — ask your AI coach about the exact setup in front of you, in the moment
  • Grounded in your real account — answers draw on your linked trades, analytics, and journal, not generic advice
  • Strictly non-trading — reads and reports only; never places, closes, or modifies orders, and never touches funds
  • Zero configuration — no API keys; it uses the Pipstone account you've already linked
  • Lightweight and quiet — runs in the background with negligible impact on your terminal
  • Secure online activation over HTTPS — native WebRequest, no DLLs required
  • Coming next — automatic trade-sync that auto-fills your analytics, journal, and portfolio from every trade you take

How to install

  1. 1 Link your broker account at pipstone.ai first — the Companion runs on an account you’ve linked (linking also turns on cashback)
  2. 2 Download the build for your platform using the button above — PipCoachCompanion.ex5 for MetaTrader 5, or PipCoachCompanion.ex4 for MetaTrader 4
  3. 3 In MetaTrader, open File → Open Data Folder, then copy the file into MQL5\Experts\ (MT5) or MQL4\Experts\ (MT4)
  4. 4 Back in MetaTrader, right-click the Navigator and choose Refresh (or restart the terminal)
  5. 5 Enable Algo Trading (MT5) / Auto Trading (MT4) from the toolbar
  6. 6 Drag 'PipCoach Companion' from the Navigator onto any chart of your linked account
  7. 7 Allow WebRequest for both Pipstone hosts: open Tools → Options → Expert Advisors → 'Allow WebRequest for listed URL' and add https://admin.pipstone.ai and https://license.pipstone.ai (the Experts tab also prints the exact URLs it needs), then re-attach the Companion
  8. 8 Pip appears on your chart — confirm it shows 'connected', then ask it about your current setup

Settings & parameters

  • Show the PipCoach chat panel: on by default (InpShowPanel)
  • Panel corner: where Pip sits on the chart (InpCorner — defaults to upper-right)
  • No API keys needed — it uses the Pipstone account you've already linked (InpNote)
  • API host: pre-configured for production (InpApiBase = admin.pipstone.ai) — no change needed
  • License host: pre-configured (InpLicenseBase = license.pipstone.ai) — whitelist it alongside the API host

Frequently asked questions

Can the Companion trade my account?

No. The Companion is strictly non-trading and read-only. It reads your account so Pip's coaching is grounded in your real trades — it cannot place trades, close trades, modify orders, or move funds. There is no code path for that.

What does Pip actually know about my trading?

Pip's answers are grounded in your real Pipstone account — your linked trades, your analytics, and your journal — plus the live chart you're on. That's what lets it talk through the exact setup in front of you instead of giving generic advice.

Do I need to link my broker account first?

Yes. The Companion runs on an account you’ve linked to Pipstone. Linking takes about a minute and also turns on cashback. Once linked, install the Companion to put Pip on your chart.

Does it auto-fill my analytics and journal?

Automatic trade-sync from the Companion is rolling out next. Today it focuses on the on-chart coach, grounded in the account data already synced to Pipstone. Your analytics and journal stay current through your linked account.

Is it available for MetaTrader 4?

Yes. The Companion is available for both MetaTrader 4 and MetaTrader 5 — download the build that matches your terminal (.ex4 for MT4, .ex5 for MT5). Both versions are identical in features: the same on-chart Pip coach, grounded in your linked Pipstone account.

Why does it ask for WebRequest access?

The Companion talks to Pipstone securely over HTTPS to power the on-chart coach. You allow two URLs once under Tools → Options → Expert Advisors — https://admin.pipstone.ai and https://license.pipstone.ai. It uses no DLLs.

Will it slow down my terminal?

No. It's lightweight and runs quietly in the background with negligible impact on performance.

Changelog

v1.0 2026-06-16
  • Added MetaTrader 4 build (.ex4) — feature-identical to the MT5 version
v1.0 2026-06-15
  • Initial public release
  • On-chart PipCoach AI coach, grounded in your linked Pipstone account
  • Strictly non-trading, read-only design with secure online activation (no DLLs)
  • Automatic trade-sync to analytics, journal, and portfolio — coming next

Start trading smarter with PipCoach Companion

Free forever. Link a broker to activate and turn on automatic cashback on every lot.