Pivot Hunter EA

Pivot Hunter EA

Pivot Hunter EA is a specialized trading robot developed exclusively for the  CADJPY currency pair on the  H1 timeframe. Its strategy is designed to identify potential market turning points by analyzing price action and momentum.

The core of the EA's logic is a multi-indicator confirmation system. It combines signals from classic indicators, including the Parabolic SAR, Awesome Oscillator (AO), Relative Strength Index (RSI), and Average True Range (ATR). By requiring agreement across these different analytical tools, the EA aims to filter out weaker signals and focus on higher-probability setups.

This expert advisor is built for traders who prefer a focused, set-and-forget approach on a specific instrument, as all internal parameters have been carefully calibrated for the unique characteristics of the CADJPY pair.

Key Features

  • Specialized for CADJPY: Unlike generic EAs, Pivot Hunter has been built from the ground up for the CADJPY H1 chart. Its entire logic is tailored to the volatility and behavior of this specific pair.

  • Multi-Indicator Confirmation: The EA uses a confluence of signals from SAR, AO, RSI, and ATR. This comprehensive approach ensures that trades are only considered when multiple conditions align, providing a robust filtering mechanism.

  • Dynamic Volatility Filter: Using the ATR indicator, the EA assesses current market volatility. It is designed to operate within specific volatility ranges, avoiding periods that are either too stagnant or excessively erratic.

  • Automated Risk Management: Lot sizes are calculated automatically based on your specified risk percentage and the dynamically determined stop loss. This helps maintain consistent risk management across all trades without manual calculations.

  • Advanced Trade Protection: The EA includes built-in safety features:

    • Maximum Loss Control: An option to automatically close a position if it reaches a predefined loss percentage based on your risk setting.

    • Intelligent Profit Locking: An advanced mechanism that monitors a profitable trade. Once the trade reaches a significant portion of its take-profit target, this system activates to secure a large part of the gains if the market begins to reverse.

Recommendations

  • Currency Pair: CADJPY

  • Timeframe: H1

  • Broker: IC Markets or other brokers with low spread and fast execution.

  • Minimum Deposit: $500

  • Leverage: 1:100 or higher (1:500 is recommended).

Input Parameters

The EA is designed for ease of use with only two primary inputs, making setup simple and straightforward.

  • Magic Number: A unique identifier for the EA's orders. This is important if you are running other EAs on the same account to ensure they do not interfere with each other's trades.

  • Risk: The percentage of your account equity you wish to risk on each trade. The lot size is automatically calculated based on this value and the stop loss distance.

    • 1-3: Low Risk

    • 4-7: Medium Risk

    • 7-10: High Risk


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Chen Jia Qi
4.52 (27)
Gold Snap — A Fast Profit Capture System for Gold Gold Snap v2.3 Launch Offer: 50% off unlimited licenses for the first 10 buyers (only 3 left), just $399. Includes a free EA for personal use from our internal collection. Offer ends when sold out. Regular price: $799. Live Signal: https://www.mql5.com/en/signals/2362714 Live Signal2: https://www.mql5.com/en/signals/2372603 Live Signal 3 v2. 1 : https://www.mql5.com/en/signals/2379945 Important: After purchase, please contact us via MQL5 priv
Diamond Scalper MT5
Lo Thi Mai Loan
5 (10)
IMPORTANT - FEEDBACK FROM REAL CUSTOMERS, REAL MONEY, REAL PROFIT: https://www.mql5.com/en/market/product/190894/comments#comment_60526937 Live Signal: https://www.mql5.com/en/signals/2390825 IMPORTANT - READ BEFORE CHOOSING A MODE: full backtest of all 11 Trading Modes → https://www.mql5.com/en/blogs/post/775822 You've watched Gold rip 1500 points in a straight line and felt your stomach drop - not because you were wrong about the direction, but because you were still staring at your phone, ha
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