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Turbo pivot levels

4.5

This Expert Advisor is based on pivot points. Users can choose entry level and direct themselves. Expert use martingale strategy to recover unsuccessful trades.

When going into drawdown it starts its slipping mode in which it always tries to keep the whole set of trades on a steady course level.

In hedging mode, all take profits will be deleted and the basket will try to close at breakeven price.

EA can also be used as normal with Stop loss. Please test before using with Stop loss.

The EA can trade multiple currencies. Please check our signals (https://www.mql5.com/en/users/ugur-edin/seller) for detailed information.

IMPORTANT: This expert uses martingale strategy. Martingale comes with high opportunity but also high risk. If you are not aware about martingale risks please research them. Please try before you use it with a real account.


Input parameters

  • Magic number - unique number to identify the trades from Expert
  • Pivot level to buy entry - Select Pivot point entry level for buy trade (e.g. if you select R10 it will open “buy” at resistance R10 and open “sell” at support S10 of pivot points)
  • Start Lot size – Lot size for initial first trade
  • Use Money management - Use Money management (if you set true initial lot will be increased with growing balance in this case it is better also to adjust the inputs "Max Lot size for single trade" and "Max Lot size for Basket")
  • Min lot size for every x Balance - if you set Money management set true your initial lot will increase for every X balance.
  • Lot multiplication - Lot multiplication for following trade for the basket
  • Max amount of trades - Maximum amount of trades for Basket
  • Max Lot size for single trade - Maximum Lot size for single trade
  • Max Lot size for Basket - Maximum Lot size for whole Basket
  • Amount of sliding Orders - How many orders from basket should match with latest trade
  • Closing all position at floating loss - Closing all position at floating loss (fill in without sign), if you leave "0" this function will not use
  • Min. Time difference between Orders - Minimum Time difference between each order.
  • Min. Price difference in PIP - Minimum Price difference between each Order in PIP.
  • Stop loss in PIP – Stop loss in PIP for each trade, if you leave "0" this function will not be used.
  • Use Hedge - Using Hedge function.
  • Start Hedging at margin level - Open hedging position at margin level.
  • Hedge amount of trades - How many trades from basket should be matched with hedging positon.
  • Stop Trading at margin level - Stop trading at margin level. It will no more trade, will open if margin level lower than this parameter.
  • Use news filter for initial trade - Use news filter for initial trade
  • Use news filter for initial Sub trades - Use news filter for initial Sub trades
  • Use News filter - Set true to use news filter
  • Add Currencies Show - Add news filter currencies to show
  • Add Currencies Block - Add news filter currencies to block
  • Length of your providers Prefix - Length of the prefix your provider uses
  • Distance news label left -Distance from left for news label
  • Distance news label top - Distance from top for news label
  • Receive notifications - Receive notifications
  • News suspend trading on score - Suspend if score = x (Heavy=3, Medium=2, Low=0)
  • Disable trading x hours before news - Disable trading x hours before news
  • Disable trading x hours after news - Disable trading x hours after news
  • News source - http://forex-navigator.com/ffcal_week_this.xml (allow web request for this link "TOOLS/OPTION/EXPERT ADVISOR)
Reviews 1
stansfie2
129
stansfie2 2019.09.08 07:30 
 

An AMAZING EA! Simple BUY LOW/SELL HIGH concept perfectly implemented! Top trader/developer!

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AW Recovery EA
AW Trading Software Limited
4.37 (78)
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EvoTrade EA MT4
Dolores Martin Munoz
Experts
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Experts
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Goldbot One MT4
Profalgo Limited
5 (2)
Experts
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Habib Gholamali Heidari
3.27 (11)
Experts
Gold One  MT4 Hello to all gold trading enthusiasts in Forex, Welcome to our robot, where you join the ranks of the top gold traders. With over two decades of precise experience in the Forex market, we proudly introduce the latest generation of trading robots. Features:  Ideal for prop firm challenges. Suitable for all account  sizes, including low capitals. NO   Grid and   NO   martingale 100% Fully automated This robot employs the most recent, cutting-edge, and advanced gold-specific indicat
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Wei Tu
5 (1)
Experts
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Leonid Arkhipov
4.74 (27)
Experts
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Martin Alejandro Bamonte
5 (1)
Experts
Now you can download the demo version of Aurum Apex from the Comments tab to evaluate its live performance on your own broker! Aurum Apex EA is a robust 100% automated trading tool designed for the MT4 Platform. It performs real-time market analysis, detecting various trading opportunities. Suitable for traders of all levels, Aurum Apex EA offers three risk modes, adjustable via the Risk parameter: Risk = 0.1 (Low Risk): Ideal for new traders who are unfamiliar with gold movements. This setting
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Ugur Oezcan
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This indicator shows the trend based on two configurable moving averages. A custom calculation shows market volatility in the lower frame. Higher bars mean higher volatility. The chart also shows suggestions for buy, sell or close with the help of arrows. It is possible to set minimum volatility for entry points and to set time filtered alerts. This indicator is useful to judge trends or market volatility, for example to catch good periods for scalping. Parameters Volatility Period - volatility
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What is Double Top and Bottom Double top and bottom patterns are chart patterns that occur when the underlying investment moves in a similar pattern to the letter "W" (double bottom) or "M" (double top). Double top and bottom analysis is used in technical analysis to explain movements in a security or other investment, and can be used as part of a trading strategy to exploit recurring patterns. You can find MT5 version hier Indicator shows you 2 Level target and stop loss level. Stoploss level
Diamond Pattern MT5
Ugur Oezcan
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The diamond top and bottom are reversal patterns. It represents a rally to a new high with a drop to a support level followed by a rally to make a new high and a quick decline, breaking the support level to make a higher low. The bounce from the higher low is then followed by a rally, but making a lower high instead. Once this behavior is identified, prices then break the trend line connecting the first and second lows and start to decline further. You can find MT4 version hier Indicator shows
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Ugur Oezcan
Indicators
What is Double Top and Bottom Double top and bottom patterns are chart patterns that occur when the underlying investment moves in a similar pattern to the letter "W" (double bottom) or "M" (double top). Double top and bottom analysis is used in technical analysis to explain movements in a security or other investment, and can be used as part of a trading strategy to exploit recurring patterns. you can fin MT4 version hier Indicator shows you 2 Level target and stop loss level. Stoploss level
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tsonevpl
144
tsonevpl 2020.06.29 08:15 
 

User didn't leave any comment to the rating

stansfie2
129
stansfie2 2019.09.08 07:30 
 

An AMAZING EA! Simple BUY LOW/SELL HIGH concept perfectly implemented! Top trader/developer!

Reply to review
Version 1.10 2019.09.13
- Custom Order comment added