Pivot Point Trading System

1

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 (with filtering the false breakouts), as well as towards the Pivot Point level in case of the price rebound from other support/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 StopLoss level can be changed through the trading process only in the direction of risk reduction. The order volume can be either fixed (set by the user) or variable (calculated by the EA) depending on the average account balance. The EA implements various tactics of the full and partial close of losing positions until the price reaches the StopLoss level and the full and partial close and the preservation of the profitable positions.

Due to the different terminal time set by different brokers from different time zones, formed bars and calculated levels also differ. Therefore, trading results can also be different. In order to avoid incorrect trades the time zone management tool has been embedded to the new version of the EA.

Logic of the tool: Your TERMINAL time zone + "Time difference" = DESIRED time zone. Example: GMT+9 + (-7) = GMT+2.

Parameter Meaning
Time difference
The shift of the time (in hours) to the desired time zone
TP part
The part of the opened position volume that will be closed with profit in the area of the nearest support/resistance level
SL deviation
The deviation of the Stop Loss level (in points) from the support/resistance level
Constant lotEnable/disable the constant order volume option. TRUE - constant volume; FALSE - variable volume
Specified lot
The volume of the opened order, in case of using the constant volume of an order
Time range start hour
The hour of the beginning of the time range for order opening (SPECIFIED time)
Time range last hour
The hour of the end of the time range for order opening (SPECIFIED time)
Breakout strategy activation
Activation of the EA on the Pivot Point breakdown strategy implementation. TRUE - enabled; FALSE - disabled
Coefficient for trading range identificationThe coefficient for determining the trading range
Breakout candle Open price deviationThe minimum deviation of the breakout candle Open price (in points) from the Pivot Point level
Breakout candle Close price deviationThe minimum deviation of the breakout candle Close price (in points) from the Pivot Point level
TP deviation (breakout strategy)
The deviation of the Take Profit level (in points) from the target support/resistance level
Decrease risk part
The part of the opened position volume that will be closed at the middle level when the price moves against the opened position
Trailing stop (breakout strategy)
The number of price movement points before StopLoss moves to the break-even point (does not follow the price)
Rebound strategy activation
Activation of the EA on the rebound strategy implementation. TRUE - enabled; FALSE - disabled
TP deviation (rebound strategy)
The deviation of the Take Profit level (in points) from the target support/resistance level
Trailing stop (rebound strategy)
The number of price movement points before StopLoss moves to the break-even point (does not follow the price)
Averaging period
The averaging period of the moving average that determines the rebound from the support/resistance level
Hour for message sending
The hour of sending to the mobile terminal the message with levels for the current day (TERMINAL time)
Minute of hour for message sendingThe minute of the hour of sending the message to the mobile terminal
The default values of the parameters have been found for the GBP/USD currency pair as a result of optimization over a long time period. The back tests have been carried out on the quotes of 5-digit brokers with a modelling quality of 99.9%. The best results have been obtained in the GMT+2 time zone.


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Sergey Batudayev
5 (2)
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MQL TOOLS SL
4.33 (39)
The XG Gold Robot MT4 is specially designed for Gold. We decided to include this EA in our offering after   extensive testing . XG Gold Robot and works perfectly with the   XAUUSD, GOLD, XAUEUR   pairs. XG Gold Robot has been created for all traders who like to   Trade in Gold   and includes additional a function that displays   weekly Gold levels   with the minimum and maximum displayed in the panel as well as on the chart, which will help you in manual trading. It’s a strategy based on  Price
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3.1 (10)
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Ebrahim Mohamed Ahmed Maiyas
An advanced Expert Advisor powered by artificial intelligence and machine learning, specifically designed for analyzing Gold (XAU/USD). It adapts to price movements and market fluctuations to detect potential trading opportunities. Discounted price   . The price will increase by $50 with every 5 purchases. No Risky Strategies   –   Does not use martingale or grid methods Artificial Intelligence Integration: At the heart of this EA les a sophisticated AI engine capable of recognizing complex pat
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AI Forex Robot MT4
MQL TOOLS SL
4.29 (17)
AI   Forex Robot - The Future of Automated Trading. AI Forex Robot is powered by a next-generation   Artificial Intelligence   system based on a hybrid LSTM Transformer neural network, specifically designed for analyzing XAUUSD, EURUSD   and BTCUSD price movements on the Forex market. The system analyzes complex market structures, adapts its strategy in   real time   and makes data-driven decisions with a high level of precision. AI Forex Robot is a modern, fully automated system powered by   ar
XGen Scalper MT4
Burak Baltaci
3 (2)
XGen Scalper MT4 - Sistema de Negociação Automática Profissional O XGen Scalper é um Consultor Especialista de última geração que combina uma estrutura algorítmica avançada com análise técnica comprovada para oferecer resultados consistentes em todos os mercados. Este poderoso sistema de negociação funciona perfeitamente com pares de moedas, metais preciosos como ouro e prata, criptomoedas e índices de commodities. Tecnologia Algorítmica Avançada O algoritmo de varredura de ondas patenteado
Ось відформатований текст без альтернативних назв у дужках: Latency Edge Scalpel Latency Edge Scalpel is a high-frequency, institutional-grade trading solution engineered for high-precision scalping in the decentralized Forex market. This is not a simple grid or martingale bot; it is a sophisticated mathematical tool designed to exploit micro-structural price gaps and momentary volatility imbalances. The Algorithmic Core At its heart, Latency Edge Scalpel operates on a hybrid volatility-filterin
Vortex Turbo EA MT4
Stanislav Tomilov
5 (9)
Vortex Turbo — “Negocie a tempestade — controle o vórtice” O Vortex Turbo representa o próximo estágio evolutivo na negociação inteligente — um desenvolvimento único que combina arquitetura de IA de ponta, lógica de mercado adaptativa e controle de risco preciso. Construído sobre princípios algorítmicos comprovados, ele integra múltiplas estratégias em um ecossistema unificado de alta velocidade, impulsionado por um novo nível de inteligência preditiva. Projetado como um especialista em scalpin
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Lieven Luc O Vandecasteele
350
Lieven Luc O Vandecasteele 2026.03.28 08:21 
 

Doesn't work ... and seller never answers

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