The 10 Pips Expert Advisor looks for a trade entry on every new candle. Before the search for entry signal starts, the robot performs several preliminary checks. If there are trades already opened by the expert advisor, it computes the total drawdown if it is within tolerable limits. If so, it inspects each trade if it can be moved to breakeven or trailed. If not, it will count the number of bars on the active chart if it is at least 100 and determine if the take profit is greater than 10 pips. Finally, it checks the free margin if a new trade can be added. Once these checks turn out to be successful, the robot embarks on the trade hunting operation.