Pivot Point Breakout and Reversal

Pivot Point Breakout & Reversal is a fully automated Expert Advisor (EA) designed for intraday trading on the M15 timeframe. The EA trades breakouts of the Central Pivot Range (CPR) as well as reversals from support and resistance levels (R2, R1, S1, S2). Only one order of each type can be opened simultaneously. All orders are opened with StopLoss and TakeProfit. The order volume can be either fixed or variable. The EA implements various tactics of the full and partial order closure to decrease risks and get the profit. The default parameter values are optimized for GBP/USD currency pair at GMT+2 time zone and 5-digit quotes. EA can be applied to other currencies subject to the optimization performed.

There are some parameters for flexible adjustments of the EA behavior:

Parameter

 Meaning

Time difference*

The shift of the time (in hours) to the desired time zone

Time range start hour

The beginning of the trading time range

Time range last hour

The closure of the trading time range

Use constant lot

Constant or variable order volume to be used

Basic lot

The order volume in case the constant lot is used

TP deviation

The deviation of the Take Profit level (in points) from the target support/resistance level

Profit part

The part of the opened position volume to be closed with profit at the nearest support/resistance level

SL deviation

The deviation of the Stop Loss level (in points) from the support/resistance level

Loss part

The part of the opened position volume to be closed with loss at the middle level

Activate Breakout strategy

Pivot Point Breakout strategy activation

Breakout TS

Trailing stop points for the Breakout strategy (TS does not follow the price)

Activate Reversal strategy

Pivot Point support/resistance level Reversal strategy activation

Reversal TS

Trailing stop points for the Reversal strategy (TS does not follow the price)

S/R level range

The range in points around support/resistance levels

Averaging period

The short MA averaging period to catch reversals

Notification hour

The hour when a message comes to the mobile terminal (TERMINAL time)

Notification minutes

The minutes of the hour when a message comes to the mobile terminal

* The logic for the time difference adjustments: Your TERMINAL time zone + "Time difference" = DESIRED time zone. Example: GMT+9 + (-7) = GMT+2.

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Daniel Moraes Da Silva
5 (1)
ONE OF THE FEW ROBOTS WITH A SIGNAL HISTORY OF MORE THAN 3 YEARS AND AMONG THE TOP 10.   LINK TO MY ROBOTS AND SIGNAL PRESETS: In my profile there is a link to download the PRESETS that I use in my SIGNALS, you can download and Backtest for free, there are explanations in the my WebSite. https://www.mql5.com/en/users/tec_daniel   LINK TO OTHER ROBOT VERSIONS: MT4:  https://www.mql5.com/en/market/product/97963 MT5:  https://www.mql5.com/en/market/product/97962   SOME EXAMPLES OF SIGNALS ON “mql5.
FOREX MEGA SALE! 50% OFF! Buy WallStreet GOLD Trader with a huge –50% discount ! Promo Price: $217 (Regular Price: $447 — You Save $230!) Act now before this deal ends! WallStreet GOLD Trader Live Results:  https://www.mql5.com/en/signals/2389404 WallStreet GOLD Trader is a professional Expert Advisor designed specifically for trading Gold (XAUUSD) . Its trading concept is based on the core principles behind the WallStreet trading technology — a straightforward but powerful approach focused o
IL MERCATO CAMBIA. EUR MACHINE PRO CAMBIA CON LUI. Non una sola strategia per ogni situazione. Non un solo segnale. Non un unico insieme fisso di regole. EUR MACHINE PRO determina prima quale tipo di mercato si trova davanti e solo dopo decide quale logica di trading utilizzare. Range? Trend? Mercato tranquillo? Alta volatilità? Condizioni di mercato diverse attivano modelli diversi, condizioni di ingresso diverse e una gestione della posizione diversa. È proprio questo che manca a molti Expert
XGen Scalper MT4
Burak Baltaci
3 (2)
XGen Scalper MT4 - Sistema di trading automatico professionale XGen Scalper è un Expert Advisor all'avanguardia che combina un'analisi tecnica comprovata con una struttura algoritmica avanzata per offrire risultati coerenti su tutti i mercati. Questo potente sistema di trading funziona senza problemi su coppie forex, metalli preziosi come oro e argento, criptovalute e indici delle materie prime. Tecnologia algoritmica avanzata L'algoritmo di scansione delle onde brevettato elabora i dati di
Exp TickSniper
Vladislav Andruschenko
3.97 (30)
TickSniper per MetaTrader 4 — scalper ad alta velocità con adattamento automatico dei parametri Un Expert Advisor completamente automatico, progettato per adattare i propri parametri operativi a ogni coppia di valute senza richiedere configurazioni manuali complesse. TickSniper per MetaTrader 4 è stato creato per i trader che desiderano un sistema veloce, intelligente e praticamente pronto all’uso, senza perdere tempo nell’ottimizzazione manuale di decine di impostazioni per ogni strumento. L’E
Gold King AI MT4
Rodrigo Arana Garcia
5 (1)
Sono rimaste solo 1/5 copie a questo prezzo ---> Prezzo successivo 250$ // Versione MT5 Gold King AI è stato creato utilizzando TensorTrade, un framework Python open source progettato specificamente per costruire, addestrare, valutare e implementare algoritmi di trading robusti utilizzando l'apprendimento rinforzato. L'algoritmo opera durante la sessione di trading di New York. Dopo aver analizzato il mercato per un paio d'ore per identificare le aree di interesse, inserisce ordini in sospeso c
Multi Sniper mq
DMITRII GRIDASOV
5 (3)
MULTI SNIPER EA è un sistema di trading automatico preciso con una precisione di circa il 90% per la piattaforma MT4. Questo EA di scalping redditizio è davvero uno dei sistemi più stabili attualmente sul mercato.   No grid! No martingale! È un prodotto originale offerto solo su questo sito web MQL5. Scarica EA Set_files per test e trading:   GBPAUD Set_file   GBPCAD Set_file - Implementato il metodo dell'interesse composto e tecniche di scalping. - Il sistema imposta automaticamente uno SL d
Altri dall’autore
Pivot Point Trading System is a fully automated Expert Advisor (EA) designed for intraday trading on the M15 time frame . The main currency pair is GBP/USD , however it can be used on other pairs, provided that the input parameters are selected through optimization in the strategy tester. The EA implements trading strategies based on the breakout and rebound from the Pivot Point levels . The principle of the EA consists in order opening in the direction of the breakout of the Pivot Point level (
Pivot Point Breakout Tracker is a "Lite" version of the Pivot Point Trading System expert advisor (EA) that implements only one of its strategies – the strategy based on the Pivot Point level breakout . The EA works best with GBP/USD on the M15 time frame in the GMT+2 time zone . The time zone is set by the user that allows overcoming the restriction associated with the time settings of the terminal. The principle of the EA is to open a position in the direction of the Pivot Point level breakout
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