Amen

Note: Amen Pivot EA has been repackaged and made more professional, than the earlier free version. If you downloaded before, re-download this 2026 version. It may no longer be free, but try for just 39USD before the price is adjusted.

Overview

Amen Pivot EA is a sophisticated automated trading system that combines classical pivot point analysis with powerful candlestick pattern recognition (Hammer/Shooting Star). Built with institutional-grade risk management, this EA prioritizes capital preservation while systematically growing your account.

Key Features

🔒 Capital Preservation First

• Multi-layer drawdown protection - Automatically reduces risk or halts trading at user-defined thresholds

• Daily loss limits - Prevents overtrading on losing days

• Consecutive loss protection - Stops trading after X losses to prevent revenge trading

• Equity trailing protection - Locks in profits during favorable conditions

📈 Intelligent Growth System

• Adaptive position sizing - Increases risk gradually after reaching growth targets

• Kelly Criterion integration - Optimal bet sizing based on historical performance

• Profit compounding - Reinvests profits conservatively using square root method

• Performance-based risk adjustment - Reduces risk during drawdown, increases after wins

🎯 Professional Entry Strategy

• Pivot point levels - Calculates R1/R2/R3 and S1/S2/S3 for dynamic stop placement

• Candlestick pattern recognition - Identifies Hammer (bullish) and Shooting Star (bearish) patterns

• Trend confirmation - Optional multi-bar trend filter for higher probability trades

• Time-based trading - Configurable trading hours to avoid low-liquidity periods

🛡️ Risk Management

• Auto lot sizing - Based on account percentage risk (default 2%)

• Spread filtering - Avoids trading during high spread conditions

• Margin checking - Prevents margin calls with pre-trade validation

• Stop loss validation - Automatically adjusts to broker minimum distance requirements

📊 Exit Strategy

• Dynamic take profit - Configurable TP in points

• Trailing stop - Optional trailing with adjustable step

• Breakeven protection - Moves stop to breakeven after user-defined points

• Pivot-based stops - Automatically positions stops at logical pivot levels

Input Parameters

Capital Preservation

• Max Drawdown: 20% (EA stops if exceeded)

• Daily Loss Limit: 5%

• Max Consecutive Losses: 3

Capital Growth

• Base Risk: 2% per trade

• Growth Target: 50% (increases risk after reaching)

• Max Risk Cap: 5%

• Compounding: ON

Trade Filters

• Trading Hours: 0-23 (configurable)

• Max Spread: 50 points

• Min Candle Size: 10 points

Exit Strategy

• Take Profit: 500 points

• Trailing Stop: 100 points

• Breakeven Trigger: 50 points

Recommended Settings

Performance Philosophy

This EA is NOT a "get rich quick" system. It is designed for traders who understand:

• Capital preservation is more important than returns

• Consistent growth beats explosive gains

• Drawdown management is key to long-term survival

The EA uses a conservative approach: small position sizes, logical stop placement at pivot levels, and multiple protection layers that automatically engage during adverse conditions.