Pivot Breakout
- Experts
-
Vladimir Lekhovitser
Vice-champion of the Automated Trading Championship 2008 🏆
MQL5/4 Developer since 2004
Automated Trading Championship 2008: Winners of the ATC 2008! - Version: 2.15
- Activations: 20
Live Trading Signal
Public real-time monitoring of trading activity:
https://www.mql5.com/en/signals/2391560
Official Information
Seller profile
Official channel
User Manual
Setup instructions and usage guidelines:
View user manual
This Expert Advisor is built around one of the simplest and most recognizable trading concepts: Pivot Breakout.
The strategy focuses on identifying potential trading opportunities when the price breaks through predefined pivot levels, which may indicate the beginning of a new directional movement.
Rather than relying on complex neural networks or advanced predictive models, the system follows a straightforward, rule-based approach to market analysis and trade execution.
Trading activity depends on market conditions and the occurrence of valid breakout signals.
Some sessions may pass without any trades, while periods of increased market activity may generate multiple trading opportunities.
The simplicity of Pivot Breakout is the foundation of this Expert Advisor.
Its objective is to translate a classic technical trading concept into a fully automated system with clear entry conditions and systematic execution.
Strategy Configuration:
The Expert Advisor includes six trading strategies, each of which can be enabled or disabled individually through the settings.
Strategies No. 2 and No. 3 are disabled by default because they involve a higher level of risk.
We recommend keeping the default configuration, as it reflects the settings used during strategy testing and optimization.
Important Recommendations:
We recommend using all default settings, as these are the parameters used during strategy testing and optimization.
During historical testing, the strategy maintained a maximum of 5 simultaneously open trades and up to 21 pending orders.
Please consider these requirements when selecting your account balance and leverage.
Accounts with lower leverage may require a larger deposit to maintain sufficient free margin for multiple positions and pending orders.
The minimum deposit should therefore be evaluated in relation to the account's leverage, contract specifications, and broker margin requirements.
Key Characteristics
- Does not employ high-risk trading techniques such as martingale, grid, or position averaging
- Allows up to 5 / 21 open positions at the same time
- Every trade is protected by a predefined stop-loss
- Designed for straightforward operation using default settings
- Incorporates time-based and news-related filters to reduce exposure during periods of abnormal price behavior, including sharp moves and gaps
- Supports break-even functionality to help protect profits once a trade moves in favor
- Supports trailing stop functionality to lock in profits as the market moves
- Fully automated Expert Advisor
| Recommendations | ||
| Trading Pair: | XAUUSD | |
| Timeframe: | M30 | |
| Minimum Deposit: | 500 USD | |
| Leverage: | 30 or higher | |
| Trading Mode: | Hedging | |
| Account Type: | Standard, ECN, Raw, Cent, Micro | |
| Account Currency: | USD, EUR, GBP, JPY, CAD, etc. (Any major currency and most other currencies) | |
| Signal Risk Level: | 0.04 | |
| Risk Levels | Expected Drawdown | |
| 0.02 | 10% | |
| 0.03 | 15% | |
| 0.04 | 20% |
PrizmaL: When Trading Becomes an Art Form
Developing a trading robot is akin to composing a symphony or writing a novel.
You cannot simply scatter notes - harmony is essential.
This is exactly how the PrizmaL series is crafted.
This is not merely a collection of indicators, but a holistic philosophy.
I dedicate months to analysis, testing, and refinement to ensure you receive a product where every detail contributes to the overall stability of the system.
My approach is not theoretical; it is battle-tested.
The foundation of this series was laid by a strategy that became the Silver Medalist of the legendary MQL5 Automated Trading Championship 2008, generating over 1,500% profit in just three months.
Today, I utilize and evolve these same winning principles, offering you tools built with respect for both the market and your capital.
Pricing and Distribution
Current release price: $299
This Expert Advisor follows a staged pricing model.
The price is adjusted gradually as distribution progresses.
A controlled distribution model is applied.
The number of distributed copies is intentionally limited to reduce the potential impact of excessive strategy concentration in the market and to preserve stable execution conditions.
The final target price for this Expert Advisor is $1999
Warning
- This Expert Advisor is distributed exclusively through the MQL5 website.
- Any third party claiming to represent me or offering this EA outside the official MQL5 platform is not authorized. Please block and report such contacts as spam.
- Purchases made from sources other than the MQL5 website may involve unauthorized or modified versions.
- These versions may not function as intended and are not eligible for updates or official support.
Disclaimer
Trading on financial markets involves risk.
Past performance, backtests, statistics, screenshots, monitoring data, and historical results are for reference only and do not guarantee future results.
This Expert Advisor is a software tool for informational, educational, and research purposes only.
It does not constitute financial advice, investment advice, portfolio management, or a personal trading recommendation.
The EA may have losing trades, including several Stop Loss trades in a row.
Such periods are part of the strategy's risk profile and do not automatically mean that the EA is broken.
Results may vary due to market conditions, changing price behavior, spreads, slippage, execution quality, commissions, symbol specifications, liquidity, platform settings, and other trading environment factors.
The EA is provided as-is.
The user is responsible for testing, configuration, risk management, account protection, platform settings, and all trading decisions.
The product may be removed from new sales or public listing at any time.
Users who have already purchased the product will retain access to their purchased copy through the MQL5 platform and terminal.
Full Disclaimer is available here: https://www.mql5.com/en/blogs/post/770089
