Trading Robots for MetaTrader 4
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MetaTrader 4
Top Rated Products MT4
Overview
Smart Pivot Point EA
1. OVERVIEW
This Expert Advisor combines classical pivot point analysis with advanced risk management and multiple technical filters.
It's designed to identify high-probability trading opportunities at key pivot levels while maintaining strict risk control measures.
2. Unique Features
ØMultiple Pivot Point Methods:
ØStandard (Classic), Fibonacci, Camarilla & Woodie’s
ØEach method offers different trading perspectives and can be selected based on market conditions or currency pair characteristics.
ØAdvanced Safety Features:
ØMulti-layer filtering system
Ø Volatility protection (ATR-based)
Ø Trend alignment verification
Ø RSI momentum confirmation
Ø Spread monitoring
ØMarket opening delay protection
ØSophisticated Trade Management
Ø Dynamic break-even system
Ø Intelligent trailing stop
3. Time Frame: Primary: H1 or H4
ØH4 (provides better signal quality and reduced noise)
ØMajor pairs recommended: EURUSD, GBPUSD, USDJPY
4. Best Practices
Ø Effective in ranging markets with proper pivot point method
Ø Best performance during trending markets
Ø Avoid exotic pairs due to spread considerations
Ø Avoid major news releases
