If you don't know about this trading system, please read that thread and learn everything from there.
I joined pivot's thread around 3 months ago and learn the system manually, page by page.
so here, in the last 2 month, I'm trying to automate the Pivot Trading system.
and as the result: the pivot trading EA is already reaching version 0.5 and I decided to share the performance with you guys ( I will share the EA later)
Timeframe: H4 (based on backtesting in major pairs, H4 give me best result)
Additional filter for entry rule:
1. TDI Arrow for M5, M15, M30, H1, H4 is not RED for BUY position. and not GREEN for SELL position.
2. TDI Angle must around the specific value (can be adjusted in EA setting)
for this forward testing, I disable additional filter rules, only the main rules (pivot area + TDI crossing)
EA result in 7 days:
- Why you open this thread?
- Because I believe everyone can learn and the good community will help us to build very good EA together.
- How long you create the EA?
- around 1 month of development, and 1 month for backtesting and get the best setup.
- What is the objective of creating this thread?
- I believe by sharing the good system (from people to people) and get sufficient input from the community, we can have a good EA for real account trading.
- What is the status of EA now?
- status is in forward testing. when I started creating this thread, It's been 1-week with 25% return (high-risk setting) and drawdown 1.3%
- When did you start sharing this EA?
- I will share asap, the problem is I need to merge the indicator, template & EA itself into 1 single executable files. so you can pick it easier and install in your vps/computer with the easiest way. I plan to release this EA for free in this forum around this month.
- What's your plan to keep this thread updated?
- I will share screenshots when EA opened a position and why the EA opened position.
- Also will share screenshots when EA close the position with result profit or minus.
- it's like my daily journal for my own goodness to take a note, and knowing the wrong part of EA (if any) so I can fix it.
- what's the hardest part running & monitoring this EA:
- from my experiment, EA needs to be careful with the big news release. will add news filter feature later after the entry-exit rule is firmed.
- what timeframe is suitable for Pivot Trading EA?
- so far H4 is the best
- what's the best pair?
- the funny thing is the pair that not suggested in the original thread like UC and GJ is performed very well in my backtesting. I don't know, maybe it's only a coincidence. lol.
- basically, you can use this EA in any major pairs. pls, note I have not tested it in crypto, stock, and index. only forex pairs + xauusd (gold).
EA is far from perfect and far from good for real account trading. I don't recommend you to use EA in live account for now.
Download the EA from here
WARNING! Read this carefully!
1. I added EA protection to prevent my EA stolen, so I collecting account information from mt4 account. If I found someone selling my EA or doing something that make any damage to me or other people, I will shut down the EA for that account.
2. If you don't like your account information is collected into my server, you can leave this thread and please find another EA. that's the only price I ask.
3. btw, this EA is free